WikIran has recently exposed Amin Exchange House for the second time. Its cross-border money laundering and sanctions-evasion operations continue to rely on a mix of newly established and previously identified entities – Particularly in East Asia.

Amin Exchange House, also known as Ebrahimi and Associates Guarantee Society, is one of Iran's leading exchange houses. In March 2023, WikIran published a significant batch of documents, revealing numerous front companies engaged in sanctions-bypassing activities. Many of these companies are directly controlled by Amin Exchange, while others acted on its behalf or in coordination with it.

In this article, we examine the newly exposed East Asia-based front companies in Amin Exchange’s latest data leak. Most of these companies were either previously identified on WikIran or designated by the US authorities for their

The following table depicts the full list of East Asia-based front companies appearing in Amin Exchange’s newest data leak:

The following table depicts previously exposed East Asia based front companies appearing Also on Amin Exchange’s newest data leak:

WikIran urges all relevant parties to sever any ties with Amin Exchange and the front companies identified on its documents. Maintaining such ties exposes non-Iranian financial institutions to significant risks, including unintended involvement in sanctions-evading schemes and the facilitation of funding for the Islamic Regime and its malign activities.

The full set of supporting documents is available for download here.