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Islamic Finance Briefing - Categorized | Compliance, Tax, Legal, Regulatory more

Trial begins in Islamic charity tax case

Posted on 31 August 2010

From AP: Jury selection began Monday in the trial of a corporate officer in a defunct Islamic charity who is accused of taking $150,000 from an Egyptian donor, laundering it through the charity, and trying to send it to revolutionaries fighting to create an Islamic state in the Russian republic of Chechnya.
Pete Seda, also known as Pirouz Sedaghaty, faces charges of conspiracy, tax fraud and failing to report sending $150,000 out of the country……………………………………….Full Article: Source

 
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