A U.S. District Court jury has found Hussein Ali “Mike” Yassine and Hadi Yassine guilty of money laundering.
Mohammed Ali “Steve” Yassine was found not guilty
Steve Yassine, who has yet to be tried on drug charges, has been repeatedly denied bond and remains in federal custody.
U.S. District Judge Sam Sparks has up to 60 days to determine a sentence for the two Yassine brothers who were found guilty.
Friends and family members sobbed and gasped as the court clerk read the jury’s verdict on five separate charges related to money laundering. They left the federal courthouse without talking to reporters.
Jurors were taken out of the building by U.S. marshals via a secured entrance.
Attorneys for Mike and Hadi Yassine said it would be up to their clients to decide if they’ll appeal today’s verdict.
“This was an abysmal prosecution,” said David Botsford, attorney for Mike Yassine.
Like his brother Steve, Mike Yassine has been denied bail and remains in federal custody.
Hadi Yassine is the only Yassine brother who was released on bail. He was whisked away from the courthouse by friends and family.
“I don’t think the evidence supported a conviction in this case,” said Gerry Morris, Hadi Yassine’s attorney.
Several others linked to Yassine Enterprises, at one time downtown Austin’s largest nightclub operator, are still awaiting trial for a variety of alleged crimes.
As noted in this previous post, Austin, Texas nightclub owners arrested, sent money to Hezbollah-linked relative in Lebanon
Officials linked one suspect to the Texas Syndicate prison gang. They also said thousands of dollars were transferred to a Yassine relative in Lebanon who is reportedly connected to the militant group Hezbollah, considered a terrorist organization by the U.S. government.