US Offers $10 Million for Tips on Hezbollah in Latin America
- On Monday, the U.S. State Department revealed a reward of up to $10 million for tips that could help dismantle Hezbollah's financial networks operating in the tri-border region of Argentina, Brazil, and Paraguay.
- This initiative follows longstanding U.S. Monitoring of the Tri-Border Area, targeting individuals and institutions allegedly funding Hezbollah through various illegal activities in this strategic region.
- Hezbollah is believed to earn around $1 billion each year through a mix of financial aid from Iran, global business activities, donor contributions, corrupt practices, and various criminal enterprises such as money laundering, drug trafficking, and smuggling.
- The Rewards for Justice program stated offers target the “disruption of the financial mechanisms” of Hezbollah, whose revenue also stems from legitimate construction and import-export businesses used as fronts.
- This reward marks an escalation in U.S. Efforts against Hezbollah financing in South America, urging those with relevant information to contact authorities via secure communication channels.
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US Offers Up to $10 Million for Information on Hezbollah’s Financial Networks in Latin America
The US State Department is offering rewards for information on Hezbollah’s financial networks in Latin America, with a particular focus on the Tri-Border Area — where Paraguay, Argentina, and Brazil intersect and illicit activity is known to thrive.
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