OFAC lists Lebanese narcotics trafficker under Kingpin Act

OFAC has designated a Lebanese individual, Kassem Chams and the Chams Money Laundering Organisation as specially designated foreign narcotics traffickers pursuant to the US Kingpin Act (asset freeze). His company, Chams Exchange, a money service business, was also designated.   Chams is described as operating an “international money laundering network” which “launders drug proceeds throughout the world on behalf of...

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LebanonLebanon TerrorismTerrorism United StatesUnited States

About Michael O'Kane

Michael O'Kane

Michael was called to the Bar in 1992 and prior to joining Peters & Peters was a senior specialist prosecutor at the Crown Prosecution Service Headquarters (CPS). He was a key member of a small specialist unit responsible for the prosecution of serious and high-profile fraud, terrorist,...

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