A Hamas finance investigation has led to U.S. criminal charges, arrests in France and new Treasury sanctions. Authorities allege a fundraising network presented donations as humanitarian aid while directing money to Hamas.
The Justice Department announced charges on Oct. 2 against Saleem Alzaq, 45, of Gaza. The allegations remain unproven, and defendants are presumed innocent unless convicted beyond a reasonable doubt.
According to STL.News’ enforcement report, the coordinated action spans New York, Louisiana, Florida and France. Cryptocurrency transfers were one component of the alleged financial system.
Hamas Finance Allegations Involve Separate Totals
Prosecutors allege Alzaq and co-conspirators collected more than $1.7 million through purported charitable campaigns. Those campaigns allegedly began around January 2020, with some money coming from U.S. donors.
The Justice Department describes Alzaq as a longtime Hamas member and deputy battalion commander. That description is a government allegation, rather than a finding established through a criminal conviction.
Treasury’s separate sanctions action describes a broader Hamas finance operation involving Alzaq, Faouzi Barika and Amel Oualid. Treasury says they collected more than $2 million from 2020 through 2026.
Approximately $1.5 million was collected after Oct. 7, 2023, according to Treasury. Its total and the criminal case’s figure describe differently defined aspects of the investigation and should not be combined.
Cryptocurrency Transfers And French Organizations
Treasury alleges Barika and Oualid sent hundreds of thousands of dollars in cryptocurrency to Alzaq. The agency’s Office of Foreign Assets Control sanctioned those three people and two France-based organizations.
The organizations are Association Baraka and Ensemble C Mieux. Treasury says Barika jointly established Association Baraka with Alzaq, while Oualid established Ensemble C Mieux.
Both organizations allegedly solicited donations as humanitarian assistance while transferring money to Alzaq. French authorities arrested Barika, Oualid and Nordine Barika as part of the coordinated investigation.
The Hamas finance case concerns alleged destinations and intended uses of funds. It does not establish that every donor knew where money would go.
Related financial-enforcement coverage examines the Hashpe cryptocurrency investigation. Broader reporting covers financial institutions’ blockchain operations.
U.S. Arrests And Criminal Charges
Authorities arrested brothers Omar Adhami, 33, and Abdel Adhami, 35, of Covington, Louisiana. Prosecutors allege Abdel contributed approximately $94,000 to the network and Omar contributed approximately $11,000.
Those alleged contributions occurred between approximately February 2021 and September 2026. Prosecutors say the brothers knew Hamas engaged in terrorist activity and concealed contributions through wire transfers and intermediaries.
The charges include material-support, wire-fraud and money-laundering conspiracies. The Justice Department says the offenses carry maximum statutory penalties of up to 20 years.
Authorities also arrested Raed Yousef, 56, of Lutz, Florida. Prosecutors allege he contributed almost $50,000 and charged him with terrorism-financing, money-laundering and passport-fraud offenses.
Those maximum penalties are not predictions of sentences. If a defendant is convicted, a judge determines the sentence under applicable statutes and guidelines.
The Hamas finance cases also involve separate regional prosecutors. The FBI’s New Orleans Field Office investigated the Louisiana case, prosecuted in the Eastern District of Louisiana. The Florida case is being investigated by the FBI and prosecuted in the Middle District of Florida.
Hamas was designated a Foreign Terrorist Organization in 1997. Treasury subsequently designated Hamas under Executive Order 13224 in October 2001.
Sanctions And Prosecutions Remain Separate
The Hamas finance investigation involved the FBI’s New York Joint Terrorism Task Force and NYPD intelligence analysts. French counterterrorism authorities and the Justice Department’s Office of International Affairs also assisted.
Treasury sanctions can block covered assets under U.S. jurisdiction and restrict access to the U.S. financial system. They are administrative actions and do not amount to criminal convictions.
Related coverage addresses institutional trust in crypto infrastructure. In the Hamas finance prosecutions, courts will determine whether the government proves its allegations against the charged defendants.