Latest news with #Abdallah
The National
17 hours ago
- Politics
- The National
Activists in France call for release of Lebanese militant Georges Ibrahim Abdallah
Abdallah was convicted in 1987 over the killings of US and Israeli diplomats and is one of France's longest-serving prisoners
The National
20 hours ago
- Politics
- The National
Activists in France call for release of Lebanese activist Georges Ibrahim Abdallah
Abdallah was convicted in 1987 over the killings of US and Israeli diplomats and is one of France's longest-serving prisoners
See - Sada Elbalad
2 days ago
- Business
- See - Sada Elbalad
CBE Governor Attends Meeting of Council of Arab Central Banks in Abu Dhabi
Taarek Refaat Press Statement Hassan Abdalla, Governor of the Central Bank of Egypt (CBE), participated in the Annual Meeting of the Permanent Bureau of the Council of Arab Central Banks and Monetary Authorities' Governors, held in Abu Dhabi on Sunday. This meeting is a key step in preparing for the 49th Annual Meetings of the Council, scheduled for September 2025. On this occasion, Abdallah reaffirmed CBE's unwavering commitment to robust participation in all committees and working groups affiliated with the Council, emphasizing the significance of unified efforts to enhance integration among Arab central banks and strengthen joint coordination. He further highlighted the collective mission to establish resilient Arab banking frameworks capable of addressing regional and international economic and financial challenges. In the same context, the meeting reviewed the outcomes of the specialized Arab Committees across various banking sectors, including: The Arab Committee on Banking Supervision, the Arab Committee on Payment and Settlement Systems, the Arab Committee on Credit Information, the Arab Financial Inclusion Task Force, the Financial Stability Task Force, the Arab Regional FinTech Working Group, and the Arab Green and Sustainable Finance Network. The meeting also explored the progress made in preparing the Arab Financial Stability Report and the Joint Arab Economic Report for 2025, in preparation for their approval at the upcoming meeting of the Council of Arab Central Banks and Monetary Authorities' Governors scheduled for September 2025. Additionally, the meeting discussed the proposed issues for inclusion in the 2025 Unified Arab Discourse, which will be presented during the Annual Meetings of the World Bank Group and International Monetary Fund in October, reflecting the aspirations and perspectives of the Arab countries. read more CBE: Deposits in Local Currency Hit EGP 5.25 Trillion Morocco Plans to Spend $1 Billion to Mitigate Drought Effect Gov't Approves Final Version of State Ownership Policy Document Egypt's Economy Expected to Grow 5% by the end of 2022/23- Minister Qatar Agrees to Supply Germany with LNG for 15 Years Business Oil Prices Descend amid Anticipation of Additional US Strategic Petroleum Reserves Business Suez Canal Records $704 Million, Historically Highest Monthly Revenue Business Egypt's Stock Exchange Earns EGP 4.9 Billion on Tuesday Business Wheat delivery season commences on April 15 News Israeli-Linked Hadassah Clinic in Moscow Treats Wounded Iranian IRGC Fighters News China Launches Largest Ever Aircraft Carrier Sports Former Al Zamalek Player Ibrahim Shika Passes away after Long Battle with Cancer Videos & Features Tragedy Overshadows MC Alger Championship Celebration: One Fan Dead, 11 Injured After Stadium Fall Lifestyle Get to Know 2025 Eid Al Adha Prayer Times in Egypt Business Fear & Greed Index Plummets to Lowest Level Ever Recorded amid Global Trade War News "Tensions Escalate: Iran Probes Allegations of Indian Tech Collaboration with Israeli Intelligence" News Flights suspended at Port Sudan Airport after Drone Attacks Arts & Culture Hawass Foundation Launches 1st Course to Teach Ancient Egyptian Language Videos & Features Video: Trending Lifestyle TikToker Valeria Márquez Shot Dead during Live Stream
New York Post
21-06-2025
- New York Post
Man conned out of $400K in gold coins latest vic of LI fraud ring: suit
A Michigan man was allegedly scammed out of almost $400,000 in gold coins by a Long Island dealer who is at the center of at least a dozen scams across the United States, court documents reveal. Ahmad Abdallah shipped five boxes of American Gold Eagle coins to Suffolk County-based Austin Coins in May 2024 as part of a deal that they be appraised and sent back if no trade was agreed to, according to a lawsuit filed on Long Island last week. The collection included nearly 150 perfect condition, 22-karat coins minted as early as 1987 and ranging in size from 1/10th of an ounce to 1 ounce. The coins have face values of up to $50 each, though with gold currently priced at $3,400 an ounce, their actual worth is much higher. 3 Patrick White sent Ahmad Abdallah a text in October of Abdallah's coins that were supposed to be returned after appraisal, according to a lawsuit. Obtained by the New York Post After what he says was a 'bad faith, low-ball appraisal,' Abdallah demanded that Patrick White, the owner of Austin Coins, send the collection back to him, the federal court filing claims. But Abdallah never got his coins back, he claimed in the suit, and was instead strung along by White, who assured him he was trying to find a buyer for the collection. 'Any news on my coins?' Abdallah asked White in October, according to court documents. 'Pat, please man, tell me something.' 'Pat, you just tell me things to hold me off for a day or so and then you disappear and nothing happens,' Abdallah texted him a week later. Abdallah is seeking at least $385,000 for what he calls a 'willful, fraudulent, and dishonest 'appraisal scam.'' 3 White sent Abdallah over text boasting of his travels. White was already in court in April for a hearing in a different case, in which he and co-conspirators were accused of scamming Earl Keith — an 82-year-old retiree and cancer patient from Wyoming — into 'investing' more than $300,000 of his life savings into gold coins. Kenneth Walsh, an attorney for Keith, Abdallah and several other alleged victims of White and his businesses said he asked White about Abdallah during the April hearing. White claimed he had Abdallah's coins at his home in Huntington, before admitting they were actually in a storage container mostly filled with 'junk' in Melville that was at risk of being auctioned off because he owed the facility money, according to transcripts. He paid the CubeSmart an hour before the contents were auctioned off but has refused to return Abdallah's coins, according to the court papers. 3 Abdallah begged White for months to give him an update on his gold coins and to ship them back to him in Michigan. Obtained by the New York Post 'Mr. Abduallah's case is an unfortunate example of how these coin fraudsters work,' Walsh told The Post. 'We believe there are many other Austin Lloyd customers like him suffering financial losses in the millions,' Walsh continued. 'Even while under investigation, Patrick White and his accomplices continue to brazenly defraud consumers like Mr. Abduallah. Someone has to put an end to this — and that's why we pursue these cases.' White, a former stockbroker now banned by the US Securities and Exchange Commission, is accused of being the 'ringleader' of at least 12 different coin scams, according to a lawsuit filed last year in Onondaga, New York, and several others reviewed by The Post. White allegedly swindled upwards of $6.8 million from people across the country since around 2020, primarily 'vulnerable' retirees recruited through telemarketing cold calls made by his various shell companies, including Austin Lloyd, Inc., according to the filed lawsuits. White said in court testimony that he and his accomplices had more than 5,000 customers. White, who sources say has yet to face jailtime for the accused crimes, did not immediately respond to a message from The Post.
Nahar Net
19-06-2025
- Politics
- Nahar Net
French court to rule on freeing Lebanese Georges Abdallah
by Naharnet Newsdesk 19 June 2025, 17:38 A French court is set to deliver a long-awaited ruling in July on the release of pro-Palestinian Lebanese militant Georges Ibrahim Abdallah, who has been imprisoned for 40 years for the 1982 killings of two foreign diplomats. The Paris appeals court, initially set to deliver its verdict in February before postponing, will now announce its decision on July 17 after re-examining the request on Thursday. "I told the judges, either you release him or you sentence him to death," his lawyer Jean-Louis Chalanset told the media after the closed-door hearing. Abdallah, 74, was sentenced to life in prison for his involvement in the murders of U.S. military attaché Charles Robert Ray and Israeli diplomat Yacov Barsimantov. He has been eligible for release for 25 years, but has seen multiple requests for his freedom denied. The United States, a civil party to the case, has consistently opposed his release but Lebanese authorities have repeatedly said he should be freed from jail. In November 2024, a French court ordered his release conditional on Abdallah leaving France. But France's anti-terror prosecutors, arguing that he had not changed his political views, appealed the decision which was consequently suspended. Abdallah has always insisted he is a "fighter" who battled for the rights of Palestinians and not a "criminal". The appeals court said in February the decision to postpone was prompted by the unresolved question of whether Abdallah had proof that he had paid compensation to the plaintiffs, something he has consistently refused to do. His lawyer said on Thursday he presented documents showing some 16,000 euros ($18,360) in Abdallah's prison account "at the disposal of civil parties". First detained in 1984 and convicted in 1987 over the murders, the 74-year-old is one of the longest serving prisoners in France -- most convicts serving life sentences are freed after less than 30 years.
