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John Bair
John Bair
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U.S. May Seize Manhattan Tower Funded With Iranian Money

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Assisting victims of terrorism and their families is something very close to my heart, and my company and I do our part to support these efforts whenever we can. Since beginning this mission, Milestone Consulting has assisted thousands of families, including those affected by the 9/11 terrorist attacks, the Beirut Bombing of 1983, and more. In 2016, we received New York State approval to implement a plan to request insurance companies to waive commissions from life insurance policies or annuity contracts issued to the families of terrorist attack victims. This past March, I had the honor of traveling to Tanzania to give U.S. Victims of State Sponsored Terrorism Fund (USVSST) awards to victims of the 1998 U.S. embassy bombing in Dar Es Salaam. Right now, we’re following the story of what has been called “the largest terrorism-related civil forfeiture in history.”

USVSST

Last month, Southern District Judge Katherine Forrest ruled that the Alavi Foundation, which has an ownership stake in a Manhattan building and other properties, served as a front for the Iranian government. In addition to allowing the U.S. to seize the charity’s majority stake in the building through civil forfeiture, Judge Forrest’s 147-page ruling allows certain victims of state-sponsored terror attacks and their families to enforce judgments in their favor.

More specifically, the government plans to sell the $500+ million Fifth Avenue building owned by the Alavi Foundation and pass the forfeiture proceeds to the creditors. The jury awarded the victims and families turnover of the building and several other Alavi Foundation real estate holdings across the country.

Growing up in an Army household, graduating from West Point, and serving as an Army officer are experiences that have taught me the importance of lending a hand to my fellow Americans. I founded Milestone Consulting to work in a profession that helps people every day. We are proud to be the foremost experienced firm regarding terrorism recoveries in the nation, and we will continue to offer our assistance to victims and their families whenever possible.

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  1. Suzanne Miller says:
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    I’ve seen Alavi’s website. I’ve seen their activities. I am not convinced that Alavi should be dissolved! Yes, I agree that fighting terrorism is a great set target, but forfeiting a non-profit US organization in favor of few profit individuals is dead wrong. Even if gov. is right that Alavi had connection with Iran, but we all know that Iran had nothing to do with 9-11 but Saudi Arabia! We as Americans are manipulated by politicians. American students, all educational beneficiaries etc. who will lose their schools and support from Alavi will never forget this unjust political propaganda. Hate will not create peace. We, as individuals who are passionate human rights advocates should watch Politicians for their games. I wish you could give your readers a fair analysis about Alavi’s accusations and that such a severe penalty!! Isn’t it because it supports Muslim schools?!! The least we can do as American citizens is not to support discrimination against other fellow Muslim Americans.
    Thanks.

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