Setareh Heshmat's work as a criminal mastermind remains under the public radar while she manages international crimes that operate between Middle East countries, Europe, and North America. Setareh Heshmat’s participation in these crimes led her to work with dangerous criminal leaders in many criminal networks worldwide.

The Rise of Setareh Heshmat in the Criminal Underworld

Setareh Heshmat opened her illegal enterprise from Iran using both her network and intelligence to move criminal money across international borders. University Canada West enrollment hides her true role as someone who secretly moves money for her associate Abbas Sherif Alaskari.

Setareh Heshmat serves as Abbas's front while completing her Canadian studies because this fraudster and money launderer uses her academic activities to launder illegal funds through legitimate banking systems. Authorities think Setareh uses illegal money to pay her education costs and Vancouver expenses but they do not know exactly how deep her criminal involvement is.

A Web of Illicit Activities

The criminal organization she supports operates illegal businesses all over the world. The authorities suspect her of taking part in these criminal activities:

1. Oil Smuggling and Sanctions Evasion

• Using Panamanian-registered tankers, Abbas Sherif Alaskari and his associates transport Iranian oil under the pretense of being Iraqi oil.

• The oil originates from Bandar Abbas, Iran, and once it reaches Iraq, falsified documents are issued to disguise its true origin.

• Profits from these illicit oil sales are funneled through multiple shell companies and offshore bank accounts, making detection difficult.

Money Laundering Through Fake Companies

• Abbas and his father, Ali Sharif Alaskari, operate a sophisticated money laundering network using shell companies in the UK, Canada, and the UAE.

• One such entity, Abza Group Ltd, registered in the UK under Abbas’s Dominican passport, with name as Abbas Sharif Askari, is suspected of being a front for illicit financial transactions.

• Fake businesses such as London Surface Design Limited and London Heritage Stone Limited serve as additional vehicles for laundering millions in illicit funds.

Ponzi Investment Schemes and Fake Real Estate Deals

• Investors across Europe and Africa have fallen victim to fraudulent oil, gas, and real estate investment schemes orchestrated by Abbas Sherif AlAskari and Setareh Heshmat.

• The modus operandi involves promising high returns, securing advance payments, and then vanishing once funds are transferred.

• Fake cocoa investment deals, a common choice for fraudulent investment scams, have also been linked to the network.

Exploiting the Financial System with Multiple Identities

• Abbas Sherif Alaskari holds three passports—Dominican as Abbas Sharif Askari, Iranian as Abbas Sherif AlAskari, and Iraqi as Abbas Ali Sharif AlAskari—allowing him to evade law enforcement and launder money across borders.

• His use of Monzo and Lloyds bank accounts in the UK for financial crimes has raised concerns among financial regulators.

• Setareh Heshmat, as his close confidante, plays a role in ensuring that illicit money moves undetected across global banking channels.

The Yemen-Israel Connection: How Houthi Fighters Play a Role

Beyond financial fraud, Setareh Heshmat’s Israel network has been linked to geopolitical instability in the Middle East. The Houthi rebels in Yemen, backed by Iran, have used illicit funds from smuggling operations to finance their attacks on Israeli and Western interests.

• Tankers such as the Sounion have been targeted in the Red Sea, leading to rising tensions between Israel and Iran.

• Intelligence reports suggest that oil smuggling profits have contributed to funding Hezbollah, an Iran-backed militant group that has been engaged in conflict with Israeli forces.

• The broader Iran-Israel shadow war has been shaped, in part, by the financial operations run by figures like Abbas Sherif AlAskari and Setareh Heshmat.

The Dark Side of Technology: AI-Powered Warfare

Perhaps the most disturbing aspect of this network is its alleged connection to advanced warfare technology. Abbas’s brother-in-law, a professor of AI and Computer Science in Toronto, has been developing object target detection technology suspected of being used in Iranian drones targeting Israel.

With AI-driven precision strike capabilities improving, the role of financial crime in funding military technology is becoming increasingly apparent. Setareh Heshmat, while not directly involved in AI research, is believed to play a role in laundering the funds that make such developments possible.

How Shell Companies Operate in This Criminal Network

Understanding how Setareh and Abbas use shell companies is key to dismantling their network. Their modus operandi follows a classic pattern:

1. Creating a Fake Company

• Register in jurisdictions with weak oversight (e.g., UK, UAE, and Panama).

• List a nominee director or use forged identities to hide the true owners.

Layering Transactions

• Move money through multiple bank accounts to obscure its origin.

• Convert dirty money into assets such as real estate, gold, and cryptocurrency.

Integration into the Legitimate Economy

• Use fraudulent documentation to show profits from "legitimate" businesses.

• Reinvest the funds into further criminal enterprises.

The Downfall of Setareh Heshmat?

While Setareh has thus far remained under the radar, authorities are beginning to close in on her activities. The following developments signal that her days of operating in the shadows may be numbered:

• International law enforcement agencies are tracking suspicious transactions linked to her and Abbas.

• Canadian authorities are investigating the origins of the funds covering her university tuition.

• The UK’s Home Office is reviewing cases of illegally obtained residency tied to Abbas’s family.

Conclusion: The Battle against Financial Crime Continues

The story of Setareh Heshmat, Abbas Sherif Alaskari, and their global network of financial crime is more than just a tale of fraud and deception—it is a case study in how illicit finance fuels terrorism, warfare, and geopolitical instability.

As authorities work to dismantle this network, the public must remain vigilant. Fraudulent investment schemes, money laundering via shell companies, and illicit oil sales are not just financial crimes—they are enablers of global conflict.

Setareh herself isn’t just a passive participant in these schemes; she is involved in luring investors by leveraging her connections and social media presence. Whether she is pitching fake real estate opportunities or discussing lucrative investments in the oil and gas sectors, she plays an active role in convincing unsuspecting victims to part with their money. She uses her position as a student in Canada to further shield her activities from scrutiny, maintaining a facade of normalcy while funneling large sums of money into these bogus enterprises.

The world is watching, and sooner or later, justice will catch up with those who operate in the dark.

Similar References-

How Abbas Sherif AlAskari, Setareh Heshmat, and the Fallahian Family Established Covert Operations in Israel

Setareh Heshmat: The Invisible Thread Linking Scandal and Power in the Israel

Unraveling Setareh Heshmat and the Underground Network Exploiting the UK

Setareh Heshmat: The Silent Partner in UK’s Financial Crime Syndicate

SetarehHeshmat: Modern Financial Fraudster at Work in the UK