Austin
3:21 pm
Fri October 12, 2012

Report: Guilty Verdict for Two Sixth St. Club Owners in Money Laundering Case

Two brothers – Hussein Yassine and Hadi Yassine – have been found guilty on federal money laundering charges, according to the Austin American-Statesman.

As KUT News previously reported, The Yassine brothers – Hussein, Hadi and Mohammed Yassine – were among ten people arrested in March on drug, weapon and money laundering charges.

The state has since seized their assets.

The Yassines, who operated several nightclubs including Spill, the pirate-themed bar Treasure Island, Kiss and Fly and more, entered not guilty pleas.

The Statesman writes that the third brother that was charged, Mohammed Ali “Steve” Yassine, was not found guilty. The daily adds that he is awaiting trial on drug charges, and remains in custody.