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But the unscrupulous found ways around that provision by using front companies or "straw purchasers" to mask their identity, recalled Kenneth M. Donohue, who served as the assistant director of the agency's office of investigation.
Its report, published in May, says that terrorists could easily avoid being traced by using front men to buy telephone cards, by switching between mobile phones from foreign providers, using public telephones or by using internet companies outside Europe.
What is vital to any legislation, says Anthony Corrado, a campaign finance expert and professor at Colby College in Waterville, Maine, is to ensure that companies or unions can't disguise efforts to help or hurt candidates by using front groups.
Over the past two years, the Treasury has made the case to global financial institutions that doing business with Iran is risky business, explaining how Iran is abusing the international financial system by using front companies and deceptive financial practices designed to mask their activities.
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"We see it in the flood of deceptive attack ads sponsored by special interests using front groups with misleading names".
David Axelrod, one of Mr Obama's advisers, complained in September about "an audacious stealth campaign" by "powerful corporate special interests" using front groups to pour millions into misleading, negative campaign ads that could "tip the scales" in the coming election.
Its unique feature is that as a boat you steer it by using the front wheels as twin rudders.
"Iranian procurement networks continue to target U.S. and Western companies for technology acquisition by using fraud, front companies and middlemen in nations around the globe".
Among the schemes alleged was a plan to evade a requirement that the company hire businesses owned by women on a big city project by using a front to funnel money to a mob-connected trucking executive.
Since being diagnosed at 6 weeks with a congenital spinal disorder, she has learned to "fly down stairs" and get around by using the front half of her body.
The affidavit, filed in 2005 as part of an organized crime investigation that has led to scores of arrests, says that Schiavone executives plotted to evade a requirement that they seek to hire businesses owned by women on a city project by using a front that was actually meant to funnel money to a mob-connected trucking executive.
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