Owned by the Alavi Foundation, this building in New Yorks fifth avenue has hit the headlines over the past several years. The accusation; money laundering by transferring cash to Iran. But what is the Alavi Foundation itself? The mission started even before Irans Islamic revolution under the name of the Pahlavi foundation to promote the Persian culture ...

NEW YORK (AP) -- An office tower is subject to forfeiture because revenue from it was secretly funneled to a state-owned Iranian bank in violation of a U.S. trade embargo, a judge ruled Monday. U.S. District Judge Katherine Forrest made the forfeiture finding in Manhattan, ruling in a case brought by the U.S. government in 2008. The U.S. government ...