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US Sanctions Hezbollah Financier

The U.S. Treasury Department sanctioned a key Hezbollah support network Thursday, targeting financier and member Ali Youssef Charara and his telecommunications company, Spectrum Investment Group. As a result, all the assets of Charara and Spectrum that are based in the United States or in the possession or control of U.S. persons are frozen, and U.S. persons are generally barred from conducting transactions with them. Charara has received millions of dollars from Hezbollah to invest in...

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