Headlines US Claims Overseas Jewelry Chain Supports Terrorism It’s among 15 entities being targeted for sanctions. Published 1 year ago on September 11, 2019 By INSTORE Staff Share Tweet The U.S. Treasury Department is targeting al-Hebo Jewelry Co., which has stores in Turkey and Syria, for allegedly supporting ISIS. Treasury’s Office of Foreign Assets Control hit the company, along with more than a dozen other organizations and individuals, with counterterrorism sanctions, according to a press release from the department. According to the release: As of late 2017, al-Hebo’s location in Gaziantep, Turkey was involved in an ISIS scheme to convert gold into cash to more efficiently and secretly send funds via hawalas in Turkey to ISIS sleeper cells in Iraq and Syria. As of early 2017, Raqqah-based al-Hebo was a cash transfer business used by ISIS members. In September 2016, an employee of Raqqah-based al-Hebo likely coordinated a money transfer on behalf of a now-deceased, Syria-based, ISIS senior operations official. Advertisement Turkey-based al-Hebo owner Muhamad Ali al-Hebo is named specifically. As of late 2016, he was “involved in procuring precious metals to enable ISIS to produce its own ISIS coinage,” according to the release. In all, the Treasury Department is targeting “15 leaders, individuals, and entities affiliated with terror groups,” according to the release. They include entities affiliated with HAMAS, al-Qa’ida and the Islamic Revolutionary Guard Corps Qods-Force (IRGC-QF), as well as ISIS. “Since the horrific attacks of 9/11, the U.S. government has refocused its counterterrorism efforts to constantly adapt to emerging threats,” said Secretary Steven T. Mnuchin. “President Trump’s modernized counterterrorism Executive Order enhances the authorities we use to target the finances of terror groups and their leaders to ensure they are as robust as possible. “These new authorities will allow the U.S. Government to starve terrorists of resources they need to attack the United States and our allies, and will hold foreign financial institutions who continue to do business with them accountable. These new tools aid our unrelenting efforts to cut off terrorists from their sources of support and deprive them of the funds required to carry out their destructive activities. They serve as a powerful deterrent to radical terror groups and those seeking to aid their nefarious goals.” Related Topics: Latest News Top click to Comment(Comment) Up Next She Woke Up Without Her Engagement Ring. Guess Where Doctors Found It … Don't Miss Woman Watches Video on How to Find Diamonds, Finds 3.72-Carat Yellow Diamond Continue Reading Advertisement SPONSORED VIDEO Wilkerson Testimonials A Liquidation Sale during a Pandemic? Wilkerson Showed Them the Way For 25 years, Stafford Jewelers of Cincinnati, Ohio, was THE place to go for special gifts, engagement diamonds, high-end Swiss watch brands — in other words, the crème de la crème of fine jewelry. But this summer, the Stafford family was ready to retire. So, they chose Wilkerson to help them close up shop. “One of the biggest concerns was having the sale in the middle of COVID,” says Director of Stores Michelle Randle. Wilkerson gave the Stafford team plenty of ideas as well as safety guidelines, which they closely followed. “All of the employees felt safe, the customers coming in the door felt safe and we did a lot of business,” says Randle. How much business? “The inventory flew,” she says. 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