USA v. Yassine, Hussein Ali, et al.
Austin, TX


[WDTX] Hussein Ali Yassine and others were charged in federal indictments with cocaine distribution and money laundering. According to the indictments, the defendants carried out their various schemes in 2007, 2008 and 2009. Defendants Hussein Ali Yassine, Hadi Ali Yassine, Mohammed Ali Yassine and Ruales carried out their money laundering scheme in 2008 and 2009 and authorities believe that they used several business establishments located in downtown Austin to launder over $200,000 in cash, which they believed to be the proceeds of narcotics trafficking. Defendants Mohammed Ali Yassine and Nizar Kakiki are also charged with one count of transferring a firearm knowing that the firearm would be used to commit a drug trafficking crime. Prosecutors reportedly allege that thousand of dollars were also transferred to an individual in Lebanon connected to Hizballah.

Related Topics: Prosecutions, Terror Financing