US v. Ziade, Oussama, et ano.
Quincy, MA

Al Qaeda

[DMA] Oussama Ziade and Buford George Peterson, two former executives of PTech, a Massachusetts software company, were accused of concealing financial ties to Saudi Arabian Yassin Qadi, a Specially Designated Global Terrorist, in connection with a loan application to the U.S. Small Business Administration (the SBA). All charges against Peterson accusing him of making a false statement on the loan application have been dimissed. Charges against Ziade for making false statements on the loan application, engaging in and failing to block transactions involving assets of a specially designated global terrorist and conspiracy remain pending as Ziade has not been apprehended.

Related Topics: Prosecutions, Terror Financing