U.S. Treasury Cracks Down on Russian Shadow Banking Network Funding Iran

U.S. Treasury cracks down on Russian shadow banking network funding Iran

Led by a "sanctioned and convicted criminal fraudster," and a state-owned Russian bank tied to the military, the A7 shadow network has helped Russian entities evade sanctions since 2024.

US Further Targets Iran-Linked Russian A7 Financial Network

The United States has added the Russian A7 payment system to the sanctions lists for Iran

The United States has added the Russian A7 payment system to the sanctions lists for Iran. This was reported by the press service of the United States Department of the Treasury.

U.S. Targets Russia-Linked 'A7 Network' Over Billions In Hidden Iranian Funds

The U.S. Department of the Treasury moved Thursday to shut down the A7 Network, a sprawling shadow banking operation accused of funneling tens of billions of dollars overseas for Iran and Russia. Carried out under an initiative dubbed Operation Economic Outcast, the enforcement action combines formal sanctions with sweeping banking restrictions. The Treasury’s Office of […] U.S. Targets Russia-Linked ‘A7 Network’ Over Billions In Hidden Iranian …