Brazil, Paraguay and Argentina deny their shared region is a hotbed for terror financing.

Suspected Hezbollah financier arrested in Paraguay


Interpol said Tuesday it has arrested a Lebanese national suspected of funneling money to the Shiite militant group Hezbollah in Paraguay in the tri-border area with Argentina and Brazil.

Moussa Hamdan, 38, was arrested in Ciudad del Este, part of the Triple Frontier, a region the United States has repeatedly cited as being exploited by militant groups that "finance terrorist activities."

Local media, citing local security officials, said Hamdan was financing Hezbollah (...)

A cosmopolitan area and significant tourist spot, the Triple Frontier is also considered a major spot for smuggling and other organized crime. Brazil, Paraguay and Argentina deny their shared region is a hotbed for terror financing.

The three countries have refused to cooperate in the production of Oscar-winning director Kathryn Bigelow's latest project in a film tentatively titled "Triple Frontier" over concerns the movie could damage their countries' reputation with tourists.

A significant Arab population lives in the region, with a big presence in Ciudad del Este.

http://www.ynetnews.com/articles/0,7340,L-3906115,00.html