US sanctions money laundering network aiding Iran as regime faces nuclear reprimand at IAEA

The Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned some 35 individuals involved in laundering money for Iran on Friday as the administration seeks to make a deal with Iran over its nuclear weapons program.

A State Department spokesperson said in a statement that,"This network has laundered billions of dollars through Iranian exchange houses and foreign front companies to sustain Tehran’s campaigns of terror that undermine international peace and security and line the pockets of regime elites."

Meanwhile, tensions with Iran continue, with the Associated Press reporting that Western powers are considering ...