SCHENECTADY, N.Y. -- State police said a three-year joint investigation among state and federal agencies has led to the arrest of a Schenectady man accused of illegally transferring more than $1 million to Africa.
Authorities said Osman Osman, 52, of Elm Street in Schenectady is facing charges of enterprise corruption and unlicensed money transmitter.
Officials said Osman secretly moved more than $1.2 million to Sudan over a 21-month period. He is being held in Albany County Jail on $100,000 bail.
The case remains under investigation and further charges may be pending.
Authorities said there's no indication that terrorism is linked to this case, however state police request that anyone with any information regarding suspicious activity including the illicit movement of funds to other countries contact the New York State Terrorism Hotline at
1-866-SAFE NYS
.
