Hanedan General Trading L.L.C is a Dubai-based shell company notorious for its central role in complex international money laundering schemes involving sanctioned Iranian and Russian entities. Operating under the guise of a legitimate trading firm, Hanedan enabled the movement of hundreds of millions of dollars through global financial institutions by exploiting trade-based laundering techniques and invoice fraud. Closely linked to high-profile figures such as Mohammad and Reza Zarrab, the company exemplifies the challenges faced by global regulators in combating cross-border financial crimes within opaque jurisdictions like the UAE. Its activities have drawn intense scrutiny from US authorities and international investigative bodies, highlighting the persistent vulnerabilities in the global anti-money laundering framework.
Hanedan General Trading L.L.C is a Dubai-based shell company that played a central role in laundering over $250 million linked to sanctioned Iranian and Russian interests. Operating under the cover of a legitimate general trading and construction equipment business, it exploited trade-based laundering, invoice fraud, and shell layering techniques to disguise illicit funds moving through major global banks. Owned by key figures including Mohammad and Reza Zarrab, Hanedan was part of a broader network involved in sanctions evasion and bribery schemes. Despite international scrutiny, including US sanctions and legal actions, the company leveraged Dubai’s opaque financial environment to facilitate large-scale money laundering, highlighting ongoing vulnerabilities in the global anti-money laundering framework.
