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  1. #1
    Super Moderator Newmexican's Avatar
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    AG NOMINEE EYED IN MASSIVE OBAMA COVER-UP

    AG NOMINEE EYED IN MASSIVE OBAMA COVER-UP

    Loretta Lynch tied to world's biggest banking scandal

    Published: 6 hours
    JEROME R. CORSI

    Loretta Lynch
    NEW YORK – Attorney general nominee Loretta Lynch could be facing new confirmation problems in the U.S. Senate after being tied to the world’s biggest banking scandal, involving HSBC, which used its power to temporarily shut down WND.com as the news site was breaking a series of stories on the mega-bank’s money-laundering practices – practices that resulted in more than $1.2 billion in fines

    According to court papers filed Wednesday, Eric Holder’s Department of Justice appears to be stonewalling the release of documents that could implicate Lynch in a massive cover-up of Obama administration involvement in international money-laundering of Mexican cartel drug money.


    John Cruz in interview with WND’s Jerome Corsi


    In 2012, Lynch, as the U.S. attorney for the Eastern District of New York, oversaw the investigation of drug-related international money laundering allegations against London-based
    HSBC Holdings LLC.

    WND published a series articles documenting charges HSBC laundered billions of dollars that traced back to the Mexican drug cartels, culminating with a $1.256 billion fine paid to the U.S. government to end the investigation and avoid the filing of criminal charges.

    The federal government’s unwillingness to prosecute HSBC was exposed by a former HSBC vice president and relationship manager in New York, John Cruz, who called the bank a “criminal enterprise.” Cruz was ignored by law enforcement authorities until he brought to WND 1,000 pages of customer account records that document his claims.

    Cruz called the $1.92 billion fine the U.S. government imposed on HSBC “a joke” and filed a $10 million lawsuit for “retaliation and wrongful termination.” Whistleblowers in India and London joined Cruz in charging the HSBC settlement amounted to a massive cover-up.

    In response to WND’s reporting of Cruz’s evidence, HSBC lodged a complaint that blocked Internet access to one of the WND stories, and senior reporter Jerome Corsi was fired by the New York City investment firm he had worked with for two years as a senior managing director, Gilford Securities.

    WND also reported on evidence Holder’s Justice Department did not investigate money-laundering charges in deference to bank clients of his Washington-based law firm, where he was a partner prior to joining the Obama administration.

    In addition, WND reported HSBC was engaged in a systematic scheme to defraud citizens of India who live abroad out of billions of dollars in investment accounts.

    ‘Continuing to cover up’

    In a telephone interview Friday, Cruz said the Obama administration “is continuing to cover up its role in the HSBC money laundering scandal.”

    “The IRS has blocked every legal effort I have made to be credited as a whistleblower in the HSBC billion-dollar settlement,” Cruz said. “It is impossible that the Obama administration did not know HSBC was laundering drug money for the Mexican cartels, because the documentation I had showed the laundered money passed through the federal wire-transfer services.”
    Cruz charged the 1,000 pages of customer account records show HSBC relied on identity theft, capturing legitimate Social Security numbers that were then used to create bogus retail and commercial bank accounts. Through the accounts, HSBC employees systematically deposited and withdrew hundreds of millions of dollars on a daily basis, apparently without the knowledge of the identity-theft victims.

    “When an individual finds out they got a loan they never knew about, 5 percent of that loan went to the accounting firm that made up the phony tax returns and the other 95 percent of that loan went to the manager,” he explained.

    “One manager was involved in the transaction, another manager was involved in notarizing the transaction, and senior management was involved where they signed off permission to give the loans even when the loans get rejected by underwriting.”

    In an attempt to make his charges public, Cruz in 2011 published a book titled, “World Banking World Fraud: Using Your Identity.”

    On July 17, 2012, the Senate Permanent Subcommittee on Investigations, released a majority and minority 330-page staff report titled, “U.S. Vulnerabilities to Money Laundering, Drugs, and Terrorist Financing: HSBC Case History.” It documented HSBC’s role in illegally laundering hundreds of billions of dollars of drug money for the Mexican cartels and for terrorist-affiliated Middle Eastern groups.

    “In an age of international terrorism, drug violence in our streets and on our borders, and organized crime, stopping illicit money flows that support those atrocities is a national security imperative,” said the committee’s chairman at the time, Sen. Carl Levin, D-Mich.

    Levin said HSBC “used its U.S. bank as a gateway into the U.S. financial system for some HSBC affiliates around the world to provide U.S. dollar services to clients while playing fast and loose with U.S. banking rules.”

    HSBC paid the $1.256 billion fine in December 2012 in an deferred prosecution agreement with the Justice Department for violations of the Bank Secrecy Act, the International Emergency Economic Powers Act and the Trading with the Enemy Act.

    Read more at http://www.wnd.com/2015/02/ag-nomine...oiQZ1a0sb3g.99

  2. #2
    Senior Member Judy's Avatar
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    “The IRS has blocked every legal effort I have made to be credited as a whistleblower in the HSBC billion-dollar settlement,” Cruz said. “It is impossible that the Obama administration did not know HSBC was laundering drug money for the Mexican cartels, because the documentation I had showed the laundered money passed through the federal wire-transfer services.”
    There you have it. I told you there is no explanation for the behavior of our politicians who support illegal aliens, illegal immigration and amnesty other than they're on the take with the cartels. And there isn't. Disloyalty doesn't happen in a natural environment. Selling out one's own country and citizens is not natural phenomena. This behavior by our politicians supporting massive excess immigration and free trade treason, all the while hiding behind the skirts of the IRS and their beloved originally unconstitutional income tax, is unnatural, abnormal human behavior, and the work of sociopaths on the take with the cartels.

    It's time for every single American with the goods on these traitors to stand up, cough it up, spit it out, shout it from the rooftops, and don't stop until all these crooked politicians are out of office and behind bars.
    Last edited by Judy; 02-06-2015 at 10:56 PM.
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  3. #3
    Super Moderator Newmexican's Avatar
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    VITTER: HOLDUP ON HOLDER REPLACEMENT LORETTA LYNCH OVER HSBC PERSECUTION


    AP Photo/Jonathan Bachman

    by MATTHEW BOYLE
    12 Feb 2015Washington, DC115


    Republicans in the U.S. Senate Judiciary Committee have stalled the nomination of U.S. attorney Loretta Lynch to replace Eric Holder as President Barack Obama’s Attorney General, and Sen. David Vitter (R-LA)—a member of the committee—says it’s because of her role in not bringing criminal charges in a white collar crime scandal.

    In December 2012, ABC News’s Brian Ross, Matthew Mosk and Carlos Boettcher reported that HSBC Bank “will avoid a potentially crippling criminal prosecution for its role in moving cash for known terror groups, Mexican drug cartels, and rogue governments such as Iran” because Justice Department officials instead agreed to assess a $2 billion settlement against the bank.

    Lynch, the U.S. Attorney for the Eastern District of New York, is quoted in that article as saying HSBC didn’t act on”numerous red flags and warnings about the money laundering risks.”

    HSBC, she said, “routinely did business with entities on the U.S. sanctions list” adding that the bank engaged in “evading U.S. prohibitions on such transactions by disguising the source of the funds so the payments would go through.”

    Nonetheless, nobody went to prison or even faced a criminal trial in the money laundering case, due to Lynch’s and others’ efforts. HSBC got off by making a payment to the government.

    “Announcement of the immense fine was overshadowed Tuesday by efforts to explain why, in one of the clearest cases of criminal money laundering in recent memory, no one would be facing jail time. Criminal conviction on money laundering violations would have also forcibly prevented HSBC from doing business in the United States,” Ross, Mosk and Boettcher wrote.

    Vitter, a hardline conservative, said in his statement on Thursday that this is very troubling and that members of the Senate Judiciary Committee, and the full Senate, need to know everything that happened with HSBC’s case and Lynch’s role in all of it before they can vote on her nomination.

    “If Loretta Lynch and DOJ swept under the rug a serious money laundering scheme involving Mexican drug cartels and terrorist organizations, we need to know a heck of a lot more about it,” Vitter said. “This is especially true since American citizens may be completely unaware that their identities – including names and social security numbers – were compromised in this fraud,” Vitter added. “A simple monetary fine is the equivalent of a slap on the wrist, and would cast serious doubt on Ms. Lynch’s capacity to serve as our top law enforcement official.”

    HSBC has come back under massive public scrutiny with a whole new element to the scandal emerging last week, according to the UK’s Guardian Newspaper.

    “The US government will come under intense pressure this week to explain what action it took after receiving a massive cache of leaked data that revealed how the Swiss banking arm of HSBC, the world’s second-largest bank, helped wealthy customers conceal billions of dollars of assets,” the Guardian’s Paul Lewis wrote on Sunday. Adding:

    The leaked files, which reveal how HSBC advised some clients on how to circumvent domestic tax authorities, were obtained through an international collaboration of news outlets, including the Guardian, the French daily Le Monde, CBS 60 Minutes and the Washington-based International Consortium of Investigative Journalists. The files reveal how HSBC’s Swiss private bank colluded with some clients to conceal undeclared ‘black’ accounts from domestic tax authorities across the world and provided services to international criminals and other high-risk individuals.

    Later in the article, Lewis noted bipartisan outrage at Lynch’s and DOJ’s decision to not prosecute HSBC officials when the first element of this scandal broke a few years ago.

    “At the time, the HSBC settlement was heavily criticised by both Republicans and Democrats for allowing the bank to escape criminal indictments and keep the charter which enables it to operate in the US,” Lewis wrote. “Lynch and other senior DOJ officials defended the deal, pointing out it committed HSBC to a five-year plan to stamp out money laundering and other illicit practices, an ongoing process that is being overseen by an independent, court-appointed monitor.”

    But with this—along with Lynch’s outspoken support for President Obama’s executive amnesty, which most members of Congress (even many Democrats) view as unconstitutional, what happens moving forward remains to be seen.

    Democrats expressed outrage at Vitter’s delay on Thursday, as Lynch had been expected to clear the Senate Judiciary Committee this week. Sen. Dianne Feinstein, for instance, complained that it seemed prejudicial against Lynch compared to other nominees.

    “Clearly she’s been treated differently, and I guess that’s what I object to, because there are sensitivities,” Feinstein said.
    Democrats could have cleared Lynch’s nomination in the lame duck session of Congress without any problems, but chose not to. Specifically, Democrats cited at the end of last Congress other priorities for their final days of holding the U.S. Senate majority for the reason they didn’t move Lynch’s nomination in the lame duck session.

    “Sen. Patrick Leahy of Vermont, the Democrat who chairs the Senate Judiciary Committee that will consider the nomination, is not making Lynch’s confirmation his top priority in the remainder of the year,” Politico wrote last November, for instance. “Instead, Leahy is pushing hard to enact the USA Freedom Act, a sweeping overhaul of domestic surveillance programs that proponents fear would die next year if it doesn’t pass while Democrats control the Senate.”


    http://www.breitbart.com/big-governm...c-persecution/

  4. #4
    Senior Member Judy's Avatar
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    Vitter, a hardline conservative, said in his statement on Thursday that this is very troubling and that members of the Senate Judiciary Committee, and the full Senate, need to know everything that happened with HSBC’s case and Lynch’s role in all of it before they can vote on her nomination.

    If Loretta Lynch and DOJ swept under the rug a serious money laundering scheme involving Mexican drug cartels and terrorist organizations, we need to know a heck of a lot more about it,” Vitter said. “This is especially true since American citizens may be completely unaware that their identities – including names and social security numbers – were compromised in this fraud,” Vitter added. “A simple monetary fine is the equivalent of a slap on the wrist, and would cast serious doubt on Ms. Lynch’s capacity to serve as our top law enforcement official.”
    This is just the beginning of why not to confirm her nomination. Look, we know through common sense that all these politicians and officials who support illegal immigration are on the take with the cartels, because there is no other explanation for their actions, positions and statements. It must end now. We must refuse to appoint and in 2016 refuse to elect any person who has any pro or soft position on illegal immigration. Period. Whether Democrat or Republican. Whether elected, appointed or even hired. All these crooks have to go.
    Last edited by Judy; 02-13-2015 at 09:46 AM.
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  5. #5
    Super Moderator Newmexican's Avatar
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    Grassley Presses Attorney General Nominee About DOJ "Defrauding the Court" in Dobyns ATF Case

    Katie Pavlich |
    Feb 12, 2015






    Late last week Senate Judiciary Committee Chairman Chuck Grassley sent a letter to Attorney General nominee Loretta Lynch about revelations Department of Justice attorneys "defrauded" the court and intimidated witnesses in the case of ATF whistleblower Jay Dobyns against the government."A Federal judge wrote that DOJ attorneys attempted to perpetrate a 'fraud upon the court' in a case involving Bureau of Alcohol, Tobacco, and Firearms Agent Jay Dobyns. U.S. District Court Judge Francis Allegra also took the unusual steps of submitting these findings to Attorney General Holder. If confirmed will you personally review Judge Allegras submission to ensure that appropriate disciplinary action in taken in this case, and will you pledge to provide updates to this committee about the status?" Grassley asked Lynch.

    Lynch quickly responded to the question and has promised to look into the matter.

    "As the United States Attorney for the Eastern District of New York I am not familiar with the details of this matter, so I am not in a position to know what personnel actions have taken place to date or whether they were appropriate," Lynch said. "If I am confirmed as Attorney General, I will commit to ensuring that the Department holds accountable any employees who are found to have committed misconduct."

    Meanwhile, the defrauding charges are so severe, Judge Allegra has ordered a Special Master to be appointed to the Dobyns case. In October 2014, Allegravoided his previous August 2014 ruling in the case after new evidence of intimidation and alleged fraud was discovered. Further, Grassley is scrutinizing the judicial nomination of Federal Circuit Bar Association President Jeanne Davidson for on her involvement.

    http://townhall.com/tipsheet/katiepa...-case-n1956505


    Read More at:
    http://www.alipac.us/f9/clinton-appo...ud-%92-317223/







  6. #6
    Senior Member Judy's Avatar
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    The Dobyns Case on top of Fast and Furious Case on top of the Waco Case, should be more than enough evidence and justification to shut down, defund, deauthorize and dismantle ATF.
    A Nation Without Borders Is Not A Nation - Ronald Reagan
    Save America, Deport Congress! - Judy

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