That the US can engineer the arrest of a diplomat – someone who has immunity by international law even in the time of war – is a dangerous precedent.
As it turns out, the rumors were true — HSBC escaped prosecution for money laundering because the behemoth bank was “too big to jail.”
A U.S. Congressional report, entitled “Too Big to Jail: Inside the Obama Justice Department’s Decision Not to Hold Wall Street Accountable,” found officials in the U.K. applied the economic threat warning of “market turmoil” to ensure HSBC wouldn’t be subject to
In addition to failing to prosecute clearly criminal behavior that any average American would be imprisoned for committing, from the outset, the DOJ assisted HSBC in keeping its dealings clandestine.
A federal judge ruled last week that the Hong Kong and Shanghai Banking Corporation (HSBC) will be forced to share a report on its business practices with the public — a decision both the bank and the Department of Justice (DOJ) fought in court to prevent. The report is based on the findings of an ongoing government audit of the bank initiated amid
With drug proceeds, police bought Mac computers, a Jeep Grand Cherokee, electric money counters, iTune downloads — and FN P90 submachine guns capable of cycling 900 rounds per minute.
Florida cops with the Bal Harbour Police Department and Glades County Sheriff’s Office are currently under federal investigation for allegedly laundering at least $55.6 million for drug cartels and other criminal organizations under the guise of a joint task force operation that allowed them to make $2.4 million for themselves. According to an
Rato’s dealings include misappropriation of funds through a Visa card totaling 6 Million Euro, income from serving on the international advisory board of a Turkish bank in violation of Spanish banking laws, and a series of shell corporation divestments.
Former IMF managing director Rodrigo Rato, center, arrives at the National Court in Madrid, Spain, to answer questions over his stewardship of Spanish bank, Bankia. Former International Monetary Fund chief Rodrigo Rato was detained by police Thursday night April 16, 2015, according to media reports, after tax officials spent hours searching his
Was the FBI’s real target not the online drug marketplace, but the cyber-currency that it dealt in?
It was a libertarian’s dream gone wild: a marketplace in which just about anything can be bought, by anyone, at any time without the worries of being overseen by the authorities. It was a secret corner in the deepest recesses of the Internet, inaccessible by conventional means, considered an unsubstantiated rumor prior to Gawker
Instead, the drug market defied conventional economic wisdom and became cheaper and more widespread in face of law enforcement.
Last week, the United States attorney in Manhattan announced that a former Army sergeant has been charged with conspiracy following a federal sting operation on his team’s attempts on international drug trafficking and targeted assassinations. Joseph
