Lebanese Financier Pleads Guilty to Sanctions Evasion, According to US Authorities

A Lebanese-Belgian dual citizen, Mohammad Bazzi, has pleaded guilty to charges related to financing the armed group Hezbollah, as announced by the U.S. Department of Justice. This decision comes after Bazzi’s legal team informed federal prosecutors in Brooklyn of his desire to change his plea. Last year, Bazzi had initially pleaded not guilty to three felony charges, which included attempts to conduct transactions with a sanctioned terrorist organization. He is currently 60 years old and is facing allegations of sanctions evasion and money-laundering conspiracies.