• Time

How Iran became public enemy #1

Trump Has Made Iran Public Enemy No.1. How Far Will He Go?

Inside a stately boardroom at the Federal Ministry of Finance in Berlin last April, U.S. Treasury Department officials meeting with their German counterparts described an elaborate Iranian operation that the Americans had uncovered. For several years, Iran’s elite Islamic Revolutionary Guard Corps (IRGC) had been using German front companies to buy advanced printing machinery, watermarked paper and specialty inks in violation of European export controls. The IRGC had then printed counterfeit Yemeni bank notes potentially worth hundreds of millions of dollars and used them to help fund its proxy war against the beleaguered pro-U.S. government in the capital of Sana’a. German companies, the Americans said, were being used as a cover by the Iranians to finance the world’s worst humanitarian conflict.

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