Posted on 04/22/2009 3:09:07 PM PDT by Cindy
PHILADELPHIAHabib Khan, 49, of Philadelphia, pleaded guilty today to crimes relating to his operation of an unlicensed money transmitting business, announced United States Attorney Laurie Magid. In his plea, Khan, a citizen of Pakistan, admitted that he operated a business, from at least November 2001 through February 2009, in which he charged a fee to wire or transport at least $2.1 million to beneficiaries in the Swat region of Pakistan. Khan never obtained a license to operate such a business and never registered this business with the federal government, as required by law. In addition, to hide the activities of his illegal business, Khan structured financial transactions with a local bank in order to prevent the bank from filing currency transaction reports with the federal government.
Khan pleaded guilty today to all three counts contained in the indictment before the Honorable Legrome D. Davis. The indictment charged Khan with one count of conspiracy to operate an unlicens ed money transmitting business, one count of operating an unlicensed money transmitting business, and one count of structuring financial transactions to avoid the filing of currency transaction reports with the federal government.
Khans sentencing hearing is scheduled for July 23, 2009. He faces a maximum sentence of 20 years imprisonment, a $1 million fine, three years supervised release, and $300 in special assessments.
This case was investigated by the Federal Bureau of Investigations Joint Terrorism Task Force. It is being prosecuted by Assistant United States Attorney Stephen Miller.
A Khawalla node goes down. Score one for the good guys.
I'm not so sure. The day may come when the patriots need to do some money laundering. I'm not sure I want the Feds to be that good at catching it.
Should We Be Tough On Terrorists?
Chico Enterprise Record Post Scripts | Jack Lee
Posted on 04/22/2009 3:10:21 PM PDT by OneVike
http://www.freerepublic.com/focus/f-chat/2235549/posts
There seems to be a pattern developing, here........
;-)
LOL! Well you just have to know a patriot finance type... and if it comes to that, there’ll be plenty of them around.
Tho you’ll have to find the Galt’s Gulch first.
UPDATE:
October 19, 2009
Note: The following text is a quote:
http://philadelphia.fbi.gov/dojpressrel/pressrel09/ph101909.htm
Philadelphia Man Sentenced to 37 Months for Illegally Sending Money to Pakistans Swat Region
PHILADELPHIAHabib Khan, 49, of Philadelphia, was sentenced today to 37 months in prison for crimes relating to his operation of an unlicensed money transmitting business, announced United States Attorney Michael L. Levy. Khan, a citizen of Pakistan, pleaded guilty last April, admitting that he operated a business, from at least November 2001 through February 2009, in which he charged a fee to wire or transport at least $2.1 million to beneficiaries in the Swat region of Pakistan. Khan never obtained a license to operate such a business and never registered this business with the federal government, as required by law. Additionally, in an effort to hide the activities of his illegal business, Khan structured financial transactions with a local bank in order to prevent the bank from filing currency transaction reports with the federal government. Khan was convicted on one count of conspiracy to operate an unlicensed money transmitting business, one count of operating an unlicensed money transmitting business, and one count of structuring financial transactions to avoid the filing of currency transaction reports with the federal government.
In addition to the prison sentence, U.S. District Court Judge Joel H. Slomsky ordered Khan to forfeit $126,000, pay a $300 special assessment, and complete three years of supervised release following his prison term.
This case was investigated by the Federal Bureau of Investigations Joint Terrorism Task Force. It was prosecuted by Assistant United States Attorney Stephen Miller.
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