US charges alleged Hezbollah financier and art dealer with laundering $160 million

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US charges alleged Hezbollah financier and art dealer with laundering $160 million
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U.S. officials offered a $10 million reward for Nazem Ahmed's capture.

Hezbollah financier Nazem Ahmad was charged with evading sanctions by the Justice Department for allegedly illegally obtaining artwork.The Justice Department on Tuesday charged a Hezbollah financier and eight others with evading sanctions and laundering almost $160 million, in some cases through artwork and diamonds.

Ahmad was also an associate of high-level members of Hezbollah, a Lebanon-based terrorist group that was designated by the United States as a Foreign Terrorist Organization and Specially Designated Global Terrorist, the Justice Department said. At a news conference on Tuesday, senior leaders from the Department of Homeland Security, Department of Commerce, Treasury and State made clear they want him captured, even offering a $10 million reward for his capture.

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