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Raids Seek Evidence of Money-Laundering


Federal law enforcement officials today raided 15 organizations and individuals in Northern Virginia and a chicken farm in Georgia, all of them, the authorities said, suspected by the Treasury Department of laundering money for Al Qaeda or other terrorist groups.

The raids were the first to be coordinated by the Treasury Department’s counterterrorism task force responsible for stopping the flow of money to terrorist organizations in the United States and abroad.

The department announced the raids in a single-page press release that gave the number of targets but provided little other information about them or the nature of what the authorities sought.

People close to the Treasury investigation said, however, that among the main targets was a commercial building at 555 Grove Street in Herndon, Va., where the SAAR Foundation, a Saudi-financed charity that is now defunct, had an office until recently. No representative of the foundation could be located for comment.

More : query.nytimes.com



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