- Jan 8, 2011
- 64,974
- 34,419
- 2,605
No doubt none of the banking executives (really mob bosses) will get jail time, while small time drug dealers languish in prison.
We live in a failed state. It’s all a big scam run by and for the benefit of the ultra wealthy elite.
Big banks around the world approve trillions of dollars of suspicious transactions despite their own staff’s warnings that they might be related to crime. Terror networks, drug cartels, organized crime rings, and rapacious kleptocrats have all benefited, using the US financial system to wash clean their illicit profits. The banks — and their shareholders — make a profit off all this activity, while the transfers help these notorious figures sow misery around the world.
What Are The FinCEN Files? Here Are 8 Takeaways
Fast-forward eight years. On September 20th, a combination of Buzzfeed and the International Consortium of Investigative Journalists (ICIJ) published the details of a major document leak highlighting a decade of money-laundering incidents, involving hundreds of billions of dollars and a number of the world’s biggest banks. The leak centered on a cache of over two thousand “suspicious activity reports,” or SARs, filed by those banks to the Financial Crimes Enforcement Network, a regulatory arm of the U.S. Treasury.
Revenge of the Money Launderers
We live in a failed state. It’s all a big scam run by and for the benefit of the ultra wealthy elite.
Big banks around the world approve trillions of dollars of suspicious transactions despite their own staff’s warnings that they might be related to crime. Terror networks, drug cartels, organized crime rings, and rapacious kleptocrats have all benefited, using the US financial system to wash clean their illicit profits. The banks — and their shareholders — make a profit off all this activity, while the transfers help these notorious figures sow misery around the world.
What Are The FinCEN Files? Here Are 8 Takeaways
Fast-forward eight years. On September 20th, a combination of Buzzfeed and the International Consortium of Investigative Journalists (ICIJ) published the details of a major document leak highlighting a decade of money-laundering incidents, involving hundreds of billions of dollars and a number of the world’s biggest banks. The leak centered on a cache of over two thousand “suspicious activity reports,” or SARs, filed by those banks to the Financial Crimes Enforcement Network, a regulatory arm of the U.S. Treasury.
Revenge of the Money Launderers
