Tony Abi Saab takes advantage of loopholes in the system for his profit. He’s a Lebanese businessman, who successfully defrauded the US Army of 5 Million USD and that too without completing a single project.
He is a black market arms dealer and his company Brescia Middle East, located in Lebanon sells guns, small weapons, and military accessories into the vulnerable regions. He owns 18 shell companies in Europe, Russia, Italy, and many more. Through his ghost companies, he smuggles weapons to the terrorist groups.
The businessman’s fraud was caught the eye of the FBI and the US Army. He was arrested in 2011 red-handed with cash and valuable documents. Tony, while controlling the legal defense in Lebanon was well-acquainted with the loopholes in the US legal procedure. Thus, the shrewd businessman narrowly escaped from the clutches of authorities with a mere apology and minimum amount of fine. His company, Brescia Middle East (BME), however, was banned from doing business in the United States.
The fraudster still roams free and gets contracts from the government by using his shell companies established in Italy, Germany and other parts of Europe. Some of his business partners and associates are Umarex gmbh & Co KG (Germany), Noble france sa (France), Benelli Armi, franchi division (Italy), Osmanli Arms, Istanbul, and Konya Turkey, Emran arms, Bangladesh, Lobastov Ivan, Baikal Ltd, Izhevsk city (Russia), etc.
EU should impose more strict laws on global arms trade so that people like Tony Abi Saab can be stopped.