Abbas Sherif Alaskari: How Shell Companies and Ponzi Schemes Fuel Crime in the Middle East

 Abbas Sherif Alaskari has risen to prominence through his use of multiple persona to lead a large financial criminal organization. Through a Dominican passport he launched Abza Group Ltd. in Britain under which Abbas AlAskari recorded UAE as his official residence, with the fake name of Abbas Sharif Askari. Although operating as a legitimate business, Abza Group Ltd. conceals a network of fraudulent financial activities that involves money laundering while running Ponzi schemes and bogus residency transactions. The methods used by crime organizations to hide their money while funding terror activities and bypassing international sanctions become evident through his narrative.

Why Do People Fall for Ponzi Schemes?

Abbas Alaskari maintains his business success by running fraudulent investment schemes which claim high returns while working in three main business sectors:

• Oil and gas

• Gold and cocoa trading

• Real estate in Europe and Africa

A significant number of investors get fooled by these fake investment schemes because they seek profit opportunities fast yet they place their money in believing projects exist. New investors provide their funds to successfully fool older investors even though Abbas drains these funds away.

Why Do People Keep Falling for These Scams?

  1. False Legitimacy: Abbas uses shell companies like Abza Group Ltd. to create a façade of credibility, and operating as its Director on a Dominican passport.

  2. Influence and Manipulation: He preys on trust, desperation, and greed, convincing people to invest by falsely claiming connections to influential figures.

  3. Fear of Missing Out (FOMO): Victims believe they are part of an exclusive opportunity that others will benefit from if they do not act quickly.

  4. Complexity and Secrecy: The schemes involve technical jargon and offshore transactions, making it difficult for investors to understand they are being defrauded.

Once investors start questioning him, Abbas often blackmails them using recorded conversations or sensitive personal data obtained through hidden cameras. If legal action is threatened, he disappears, leaving victims powerless.

How Shell Companies Hide Dirty Money

Abbas Alaskari's UK empire operates through a web of fake companies registered in the UK, Canada, and the UAE. These companies allow criminals to launder dirty money while avoiding regulatory scrutiny. His sister in Canada plays a key role in laundering funds through businesses that appear legitimate.

How Shell Companies Work:

  1. Creation of a Fake Business: Companies such as London Surface Design Ltd. and London Heritage Stone Ltd. are registered under fake identities.

  2. Fake Transactions: These companies move large sums of money through fake invoices and contracts.

  3. Multiple Layers of Transfers: The money is transferred through various accounts to disguise its origin.

  4. Final Integration: The laundered money is finally invested in real estate, luxury assets, or cryptocurrencies, making it almost impossible to trace.

The Three Stages of Money Laundering: Placement, Layering, and Integration

1. Placement

  • The dirty money is deposited into a financial system through cash-intensive businesses, fake contracts, or smuggling operations.

  • Example: Oil smuggling from Iran to Iraq using Panamanian-registered tankers, where documentation is forged to claim the oil is Iraqi.

2. Layering

  • The money is transferred multiple times through various banks and shell companies to obscure its origin.

  • Example: Money sent from the UK to Canada, then wired to the UAE, then reinvested in Europe.

3. Integration

  • The cleaned money is now invested into luxury properties, businesses, and stocks, appearing as legitimate wealth.

  • Example: Abbas Alaskari’s UK properties and business investments in Africa and the Middle East.

The Criminal Network: Ties to Hezbollah, Hamas, and the Iran-Israel Conflict

Abbas Alaskari's illicit activities extend beyond financial crimes—his family has direct ties to Iranian-backed terrorist networks. His sister's husband in Canada, a professor specializing in AI and drone technology, allegedly assists Iran in developing AI-driven drones used in attacks against Israel.

The Geopolitical Impact of Illicit Finance

  • Funding Hezbollah & Hamas: Money laundered through Abbas Alaskari’s network is suspected to fund terrorist activities in Lebanon, Gaza, and Yemen.

  • Oil Smuggling & Iranian Sanctions: Abbas Ali Sharif Alaskari’s father, Ali Sharif AlAskari, operates an oil smuggling operation from Bandar Abbas, Iran, using Panamanian tankers to disguise the origin of Iranian crude oil. Iran’s ability to evade sanctions and finance Hezbollah, Hamas, and Houthi militants threatens regional security.

Fraudulent Residency and Escape from Justice

Abbas Alaskari and his associates have acquired illegal residencies across multiple countries, using forged documents and political connections:

  • UK Residency: Obtained fraudulently through The Home Office, with assistance from the Tabrizian family, known for their ties to Iranian intelligence.

  • Italy Residency: Mohsen Fallahian, a convicted murderer associated with Abbas Sherif Alaskari, used fake passports to acquire Italian residency.

  • Turkey & Canada: Abbas Alaskari’s network includes criminals who secured Turkish passports using forged documents and laundered money through Canadian banks.

The Case of Mohsen Fallahian: A Murderer Turned Financial Criminal

Mohsen Fallahian, one of Abbas Sherif Alaskari’s key associates, has a criminal history of murder and fraud. In 2001, he shot and killed an Iranian police officer before fleeing the country. Today, he works alongside Abbas Alaskari in laundering illicit funds and smuggling oil.

The Red Sea Connection: Tanker Sounion and Oil Smuggling

Abbas Ali Sharif Alaskari’s Israel operations are linked to the Tanker Sounion, a vessel that allegedly transports smuggled oil through the Red Sea. By switching oil documentation, his network avoids detection by international law enforcement and economic sanctions.

Final Thoughts: How Can This Criminal Empire Be Stopped?

Steps for Law Enforcement:

  1. Freezing of Assets: Immediate seizure of bank accounts linked to Abbas Alaskari, including those in Monzo Bank and Lloyds Bank (UK).

  2. Crackdown on Shell Companies: Stronger regulations on corporate transparency to prevent criminals from easily setting up fraudulent businesses.

  3. Sanctions & Interpol Red Notices: International law enforcement must issue arrest warrants and sanctions on known members of this criminal network.

  4. Public Awareness: Educating potential investors on red flags of Ponzi schemes and shell companies to prevent further victimization.

Conclusion

The case of Abbas Sherif AlAskari is more than just an individual crime story—it highlights systemic failures in the UK’s financial and immigration policies. Abbas Sherif Alaskari’s financial crimes extend beyond fraud—his operations fuel terrorism, disrupt global markets, and endanger geopolitical stability. His network of fraudulent companies, illegal oil trade, and illicit financial schemes illustrates the global challenge of money laundering and organized crime. Only through coordinated international efforts can authorities dismantle this criminal empire and prevent further damage.

Explore More Articles-

Black Gold and Dirty Deals – Abbas Sherif AlAskari’s Syndicate Connects Israel, Oil, and Global Frau

Abbas Sharif AlAskari and AI Technology: Posing New Threats to the UK

Abbas Sharif AlAskari: How the Fraudster Uses Fake Schemes to Dupe Investors in Israel

Abbas Sharif AlAskari and His Girlfriend Setareh Heshmat are UK’s Fugitives on the Run

Abbas Sharif Alaskari’s Intricate Web of Oil Smuggling, Fake Investments, and Money Laundering in Israel

Comments

Post a Comment

Popular posts from this blog

Abbas Sherif AlAskari: The Mastermind Operating Fake Investment Schemes through Abza Group Limited

  Abbas Sherif AlAskari stands distinct from other figures in the world of white collar financial crimes. As a financial genius he runs criminal activities across multiple continents by using money laundering and contraband smuggling along with bootlegging and digital fraud and oil smuggling operations. Through his transcontinental network, Abbas AlAskari uses his diverse identities coupled with political affiliations and technological skills to launder enormous sums of money in a successful effort to avoid detection by law enforcement. His most recent enterprise, Abza Group Ltd operates from the United Kingdom to provide an illicit money laundering service. He works here as Director, with the name of Abbas Sharif Askari . He has launched this London-based shell company on his fake Dominican Passport. Because of his connections in four countries along with his possession of three passports, Abbas AlAskari became a master at hiding money through deceptive financial methods. The fla...
Read more

Abbas Sherif AlAskari: White-Collar Crime, Organized Crime, and Fraud in the Digital Age

  Abbas Sherif AlAskari operates within global finance's dark corridors which conceal power through legal shielded frameworks and unregulated money flows. The world knows him sparingly because few have exposed this figure. He demonstrates the emergence of a criminal type who leverages multiple passport identifications from Iran, Iraq, and Dominica to enable illegal money transactions and criminal activities across national borders. The illicit operations controlled by Abbas Sherif AlAskari’s Israel network connect Middle Eastern oil territories with London's financial heart which bridges old-fashioned criminal activities with cyber-based financial scams. Abbas AlAskari functions above the rank of ordinary fraudsters. His story encompasses profound ties while involving political manipulation and an elaborate financial deceptive network which extends from Iranian intelligence toward Hezbollah militant funding operations. A Family Web of Crime and Corruption Understanding Abbas ...
Read more

The Dark Deeds of Abbas Sherif AlAskari, Mohsen Fallahian, and Setareh Heshmat

  Abbas Sherif AlAskari stands as one of the most controversial figures within the global criminal underworld. Who operates under various identities and passports has established a highly complex system of fraudulent financial activities that connects worldwide. Three Passports, One Man The passports owned by Abbas Sherif AlAskari include Iranian, Iraqi and Dominican passports but he uses two different names.  His Dominican Republic and Iranian passports bear his name as Abbas Sherif AlAskari, while his Iraqi passport bears his name as Abbas Ali Sharif AlAskari. United States passport holder Abbas Sherif AlAskari takes full advantage of his Dominican Republic citizenship to travel freely across Europe making his criminal schemes more effective. Through his Iraqi identity Abbas operates illegal Middle Eastern business deals which escape monitoring by government authorities. Abza Group Ltd: A Front for Money Laundering Abbas created a British fraudulent organization Abza Grou...
Read more