Four Arrested in Failed Bomb Plot Targeting Paris Bank of America Office

French anti-terrorism officials announced Wednesday that four individuals face charges of “terrorist criminal conspiracy” following the prevention of a bombing attack targeting a Bank of America facility in Paris, with investigators believing the plot has connections to Iran.

Authorities apprehended one suspect near the financial institution during the early morning hours on Saturday, discovering an improvised explosive device consisting of a gasoline container attached to a high-powered firework. Forensic investigators determined the weapon held 650 grams of explosive material – approximately 23 ounces – representing an extraordinarily large amount not seen before in France. Experts concluded the device had the potential to create a massive fireball and trigger extensive fires.

The prosecution has requested that all four defendants, which includes three juveniles, remain in custody while awaiting trial as officials have launched a formal criminal investigation into the incident, part of a pattern of similar activities throughout Europe.

A promotional video distributed on social media platforms on March 23, shortly before the intended assault, explicitly identified the American bank’s Paris location as a target. The video was linked to an Iranian-affiliated organization called Harakat Ashab al-Yamin al-Islamia, meaning the Islamic Movement of the Companions of the Right.

The conspiracy was exposed early Saturday when surveillance officers monitoring the bank noticed two people approaching the building’s entrance. Law enforcement detained a 17-year-old at the location.

Subsequently, investigators arrested two additional 16-year-old suspects and one adult with a previous drug trafficking conviction. A fifth individual was released without facing charges.

According to the prosecutor’s office, the three minors, who have clean criminal backgrounds, have rejected any accusations of terrorist involvement.

Officials opened the formal investigation on preliminary charges including terrorist criminal conspiracy, manufacturing, possessing and transporting explosive materials, and attempted destruction as part of an organized criminal group connected to terrorist activities.

Prosecutors revealed that examination of security camera recordings, the suspects’ electronic devices and cellular phone records, along with their police statements, demonstrated that the adult recruited the three teenagers the previous week to position and detonate the device at the designated location and record the incident in return for payments between 500 to 1,000 euros (approximately $530 to $1,160).

The Harakat Ashab al-Yamin al-Islamia organization has taken credit for additional operations throughout Europe, including incidents in Belgium and the Netherlands, as well as an attack in London last week where four ambulances owned by a Jewish charitable organization were destroyed by fire.

London counterterrorism investigators announced three more arrests Wednesday related to the ambulance incident. Two men had previously been released on bail after being detained in that investigation.

The prosecutor’s office stated that the prevented Paris attack appears “likely linked” to the organization “although this has not yet been formally established at this stage of the proceedings.”

Interior Minister Laurent Nuñez stated this week that Iran’s intelligence agencies regularly employ “proxies,” meaning a network of subcontractors, to conduct operations overseas that target American interests, Jewish communities and Iranian opposition activists.

French security forces have increased protection around important individuals and locations since the U.S. and Israel began their conflict with Iran on February 28, including personal security for certain Iranian opposition members.