The First Money Trail: July 19-September
transfers of substantial sums of from the United Arab
Emirates was to Marwan al- Shehhi and Mohammed Atta.
They arrived in Florida, al-Shehhi from Germany, Atta
from the Czech Republic, in June 2000. On June 29, 2000,
$4,790 was wired from the United Arab Emirates (U.A.E.)
to al-Shehhi. With it, Al-Shehhi opened up a joint account
in his and Atta's name at the Florida SunTrust bank.
Both men also had set up accounts in Dubai, Al-Shehhi
at a branch office of the Hong Kong Shanghai Bank (HSBC
Holdings);d Atta at the branch office of Citibank. Money
could be deposited in these accounts by cash, check
or wire from anonymous sources and then be transferred
to their Florida account by wire.
That summer $109,440 arrived in their joint Florida
bank account. $9,985 on July 19th. $9,485 came on August
7, 2000. $19,985 came on August 30, 2000. $69,985 came
on September 18, 2000. During this period, they used
the money to pay for their training at two airports
on small aircraft.
This $109,440 had been transferred to them from a person
named "Mustafa Ahmed,"-- a name as common
in the Emirates as "John Smith" in America.
To provide the money, "Mustafa Ahmed" did
not to provide any other biographical data, so he was
The Second Money Trail: Summer 2001
On June 25, 2001, someone using a cash deposit opened
a checking account in the name of Mustafa Ahmed al-Hawsawi
at the Dubai branch of the Standard Chartered Bank.
At about the same time, someone named Fayez Ahmed used
a cash deposit to open a savings account and checking
account at the same branch. Fayez Ahmed then gave power
of attorney over his account to Mustafa Ahmed al-Hawsawi,
who shipped VISA and ATM cards drawn on that account
to Fayez Ahmed in Florida. So Ahmed could get money
and buy tickets in the US which would be paid by an
account in Dubai. Beginning August 1st, Ahmed used this
card to pay expenses and on August 22, 2001, to obtain
approximately $4,900 cash. (The money had been deposited
into his Standard Chartered Bank account only the day
before.) This card was used to reserve tickets for hijackers
on flights scheduled for September 11th.
The hijackers also received substantial amounts of
cash from unknown sources. According to the FBI's analysis
of their cash flow, the deposits into their bank accounts
totaled $303,481.63. $167,300, about 55% of the total,
was deposited in cash or traveler checks, $103,200,
while 34% of the total, was in the form of wire transfers,
which included transfers into the SunTrust from the
United Arab Emirates and $30,300. The remainder characterized
as "miscellaneous," which included refunds
and checks from third parties.
The FBI calculated $45,550 was spent on airline tickets,
$6,100 was spent on car rentals, $39,500 was spent on
"aviation," which included flight lessons,
plane rentals and equipment purchases, $36,440 was given
by checks to individuals, about $33,000 was spent on
lodging and $33,400 was characterized as "miscellaneous,"
which included some daily living expenses.
The Money Repatriation, September 2001
On September 6, 2001, $8,055 was wired from Fayez Ahmed's
Florida SunTrust account to the Standard Chartered Bank
account. On September 8,9 and 10, 2001, Marwan al-Shehhi
and Atta wired about $12,860 to "Mustafa Ahmed"
in the U.A.E. On September 11, 2001, in U.A.E., at about
9:22 a.m. local time (the early morning hours of Eastern
Daylight Time), "Mustafa Ahmed al-Hawsawi"
shifted $6,534 from the $8,055 in Fayez Ahmed's Standard
Chartered Bank account into his own account, using a
check dated September 10, 2001 and signed by Fayez Ahmed
and withdrew approximately $1,361, nearly all the remaining
balance in Ahmed's account and vanished from the United
No trace was found either of Fayez Ahmed. ( "Banihammad
Fayez" boarded Flight 175 on September 11th who
the FBI assumed was Fayez Ahmed.)
What remains unknown is:
1. Who is Mustafa Ahmed?
2. Who is Mustafa Ahmed al-Hawsawi?
3. What happened to Fayez Ahmed?
4. Who supplied them with the money they transferred?