Altaf Khanani

Altaf Khanani
Born (1961-05-02) May 2, 1961[1]
Karachi, Pakistan
Residence Dubai
Nationality Pakistani
Occupation Money launderer
Children 5

Altaf Khanani (Urdu: الطاف خانانی‬‎; born 2 May 1961) is a Pakistani fraudster and money launderer who was involved in moving money for terrorist groups and criminal gang groups.[2] He is currently serving his 68 months prison in the United States.[3]

Early life and family

He was born in 1961 to Memon family who were originally from Gujarat, India before migrating to Pakistan after independence.[1] His father Abdul Sattar Khanani who was a street dealer and businessman.[1] He was the twin brother of Javed Khanani who was involved in Khanani and Kalia Int. fraud.[1] His brother commited suicide in 2016.[4]

Money laundering

Khanani's money laundering organisation (MLO) was involved in the illicit international movement of money between, among others, Pakistan, the United Arab Emirates, United States, United Kingdom, Canada, and Australia.[5] Among the methods used was the traditional Hawala system. Among others, the organization moved money for drug cartels, biker gangs, Hezbollah, al-Qaida and the armed terrorists behind the Mumbai attacks of 1993 and 2008.[6][7]

Arrest

He was arrested in Panama and later handed over to the United States.[6] Khanani was arrested in September 2016 by the US Drug Enforcement Administration, and has since remained in jail in the United States.[5] He was indicted in the US District Court of the Southern District of Florida on fourteen counts of money laundering in June 2015.[5] He was also blacklisted by the United States along with his son Obaid Khanani and nephew Hozaifa Khanani.[5]

Conviction in the United States

In a plea bargain, Khanani plea guilty to a single count of conspiracy to commit laundering.[3][6]

See also

References

  1. 1 2 3 4 Besser, Linton (5 February 2018). "Catching the money man". Australia: ABC News. Archived from the original on 5 February 2018.
  2. ↑ "How Australia trapped Altaf Khanani". The News International. Archived from the original on 3 September 2018.
  3. 1 2 Husain, Khurram (4 April 2017). "Khanani gets 68 months in US prison". Dawn. Archived from the original on 4 April 2017.
  4. ↑ Ali, Imtiaz (4 December 2016). "Javed Khanani dies after falling from building in Karachi, say police". Dawn. Archived from the original on 14 December 2016.
  5. 1 2 3 4 Iqbal, Anwar (4 March 2017). "Khanani group launders billions of dollars: US report". Dawn. Archived from the original on 4 March 2017.
  6. 1 2 3 Schliebs, Mark (13 November 2016). "Money launderer Khanani's deal wipes out 273 years of jail time". The Australian. Retrieved 5 September 2018. (Subscription required (help)).
  7. ↑ "The Billion Dollar Criminal". Al Jazeera. 4 October 2018. Archived from the original on 4 October 2018.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.