“As long as Iran uses front companies, cut-outs and other forms of deception to hide its illicit activities, we intend to expose this conduct and thereby counteract Iran’s attempts to evade U.S. and international sanctions,” said Stuart Levey, the under secretary for terrorism and financial intelligence.
“Today’s actions will help governments, banks and other private companies around the world ensure that they do not inadvertently facilitate Iran’s proliferation and support for terrorism.”
