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Iranian operative charged in pre-election scheme to assassinate Trump, other U.S. targets
An operative working for Iran’s Islamic Revolutionary Guard Corps told federal investigators that he was tasked in September with “surveilling, and, ultimately, assassinating” President-elect Donald Trump, according to court records unsealed Friday.
Prosecutors say Farhad Shakeri, who is believed to be residing in Iran, told investigators in a phone interview that unnamed IRGC officials pushed him to plan an attack against Mr. Trump last month. If the plan could not come together in time, the Iranian officials directed Shakeri to delay the plot until after the presidential election because the official “assessed that [Mr. Trump] would lose the election,” charging documents revealed.
Shakeri and two individuals living in the U.S. — Carlisle Rivera of Brooklyn, New York; and Jonathon Loadholt of Staten Island — were charged as part of a broad Iran-backed scheme to allegedly surveille and ultimately assassinate individuals inside the U.S. who opposed the Iranian regime.
FBI investigators wrote that Shakeri immigrated to the U.S. as a child from Iran, but was deported in 2008 after serving more than a decade in prison on robbery charges. They alleged the IRGC ultimately used Shakeri to recruit criminal contacts inside the U.S. to carry out specific operations like targeting an unnamed Iranian American journalist and activist living in New York.
In February, prosecutors alleged Shakeri paid Rivera and Loadholt about $1,000 to monitor the activist — who has spoken out against Iran’s regime — at an event at Fairfield University in Connecticut. The surveillance operations continued into March, according to court documents, when the pair allegedly traveled multiple times to the activist’s Brooklyn home. Text messages, security camera footage and cell site location data revealed their numerous trips.
“On or about April 1, 2024, 9 SHAKERI and RIVERA exchanged voice notes discussing RIVERA and LOADHOLT’ s efforts to locate and murder” the Iranian American, court records said.
“This b**** is hard to catch, bro,” Rivera allegedly said to Shakeri. “There ain’t gonna be no simple pull up, unless there[‘s] the luck of the draw.”
According to court records, Shakeri allegedly responded later, “you just gotta have patience and don’t, kicking, kick in the door is not an option because that’s a fail, that’s a fail maneuver. You gotta wait and have patience to catch her either going in the house or coming out, or following her out somewhere and taking care of it. Don’t think about going in. In is a suicide move.”
Investigators searched online accounts belonging to Rivera and Loadholt in the course of the federal probe and uncovered numerous images of firearms and other weapons.
In April, Shakeri agreed to pay Rivera and Loadholt $100,000 to “finish the work” and said he was tasked by the IRGC to hire individuals to assassinate the journalist. And by July, according to charging documents, the Iranians were growing impatient, instructing their U.S. assets to “take care of it already.”
The alleged plot to kill the activist did not succeed.
Rivera and Loadholt are not accused of being part of the plot to target Mr. Trump. They made their initial appearance in federal court on Thursday and were ordered detained, according to the Justice Department. Shakeri remains at large.
“We will not stand for the Iranian regime’s attempts to endanger the American people and America’s national security,” Attorney General Merrick Garland said in a statement.
The charges announced Friday are not the first brought against alleged operatives of the IRGC for plotting to kill Mr. Trump. Earlier this year, the FBI arrested Asif Merchant for planning to assassinate U.S. government officials, including potentially the president-elect. Merchant remains in custody and pleaded not guilty.
On at least five occasions between September and November, Shakeri participated in “voluntary telephonic interviews with FBI agents” in exchange for a sentence reduction for another individual serving time in the U.S, court records said.
During the interviews, he allegedly told the FBI of the IRGC’s desire to kill the Iranian American activist and target Israeli tourists in Sri Lanka with a mass shooting event. Shakeri also told investigators that the IRGC tasked him with surveilling two Jewish American citizens living in New York, but he did not provide the Iranian officials with information about the unnamed targets.
During the interview, Shakeri also allegedly told the FBI about the effort to target Mr. Trump.
In a statement, FBI Director Christopher Wray said, “The Islamic Revolutionary Guard Corps — a designated foreign terrorist organization — has been conspiring with criminals and hitmen to target and gun down Americans on U.S. soil and that simply won’t be tolerated.”
The charges and allegations announced Friday are part of broader posture by U.S. intelligence and law enforcement to publicly bring attention to Iran’s alleged efforts to quiet dissidents on U.S. soil and target U.S. government figures after the killing of IRGC General Qasem Soleimani by American forces in 2020. Mr. Trump and former members of his administration have been forced in recent years to increase his security due to the threats.
The Justice Department has charged numerous other defendants in recent years with acting on behalf of Iran by targeting outspoken dissidents living in the U.S.
Attorneys for Rivera and Loadholt were not immediately identified.
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4 smart home equity moves to make now that the Fed cut rates again
While another Federal Reserve rate cut issued this week won’t be great for savers accustomed to earning high returns on their money, it will provide another boost to borrowers. Whether you were considering a mortgage, a personal loan or even just a credit card, a reduction to the federal funds rate helps, even if the amount of assistance will vary depending on the product.
One way it will help, perhaps in a significant fashion, however, is with home equity loans and home equity lines of credit (HELOCs). Because the home serves as collateral in these borrowing exchanges, rates on both items tend to be lower than other credit options. And with rate cuts now issued twice in the last three months, they’re poised to become even less expensive.
Still, home equity borrowing comes with some inherent risks, too. And borrowers should do all they can to avoid them. As such, there are some smart home equity moves to make now that the Fed has cut rates again. Below, we’ll break down four of them.
Start by seeing what home equity loan rate you could qualify for here.
4 smart home equity moves to make now that the Fed cut rates again
Rate cuts offer prospective home equity borrowers a unique chance to capitalize on their accumulated home equity, but they should approach this chance in a strategic and nuanced way. Specifically, they should consider the following moves now:
Monitor certain dates
If you opened a home equity loan at the start of this week and didn’t wait for the Fed to take action then you likely made a mistake. While the difference in rates over a few days was likely minor, every little bit helps, particularly when spread over an extended repayment period. It’s critical to monitor certain dates — like those surrounding a Fed rate cut or the next inflation report release — for opportunities to capitalize and to lock in a below-average rate. Fortunately, there are multiple upcoming dates in which borrowers can take advantage. But this will require a proactive approach and you’ll need to have your documentation ready and credit score in top shape to truly take advantage.
Explore your current home equity borrowing options online today.
Consider a HELOC over a home equity loan
A HELOC has a variable interest rate subject to drop now that the Fed has embarked on its new rate-cutting campaign. A home equity loan, meanwhile, has a fixed interest rate that will need to be refinanced in the future to exploit any rate declines. In today’s evolving rate climate, then, it’s worth considering a HELOC over a home equity loan, even if the latter’s current rate is slightly better than the former. Plus, HELOC rates will change independently each month on their own while home equity loan borrowers will need to pay closing costs to refinance their rates.
Don’t overborrow
It’s been a long time since rates were cut (September’s reduction was the first in more than four years). So it can be tempting to overborrow now that rates appear to be moving in the right direction. But that’s always a mistake, particularly when using your home equity. So avoid that temptation and crunch the numbers to make sure you’re only borrowing an amount that you can easily afford to repay.
Open it before the end of the year
Not sure if you should wait for home equity rates to fall further into 2025? If you’re planning on using the home equity for a home improvement project, you may want to open it before the end of the year, even with the possibility of additional rate cuts high right now. That’s because the interest on both home equity loans and HELOCs is tax-deductible if used for qualifying home repairs. If you wait until 2025, however, you’ll postpone this critical tax deduction until it comes time to file your return again in 2026. So consider opening it now, then, to position yourself for potential (and immediate) tax relief.
Learn more about your home equity loan options here.
The bottom line
Now could be a great time to access your home equity, with two rate cuts already issued this year and others likely in the near future. Borrowers should still take a smart approach, however. That involves monitoring certain calendar dates for opportunities to capitalize on a lower rate, considering a HELOC over a home equity loan, not overborrowing and opening it at the right time to potentially qualify for some specific tax benefits. By making these four smart home equity moves now, borrowers can better position themselves for financial success both in today’s cooling rate climate and over the full repayment period.