Another Day, Another Banking Crime: Drug Money Laundering, Again
Another Day, Another Banking Crime: Drug Money Laundering, Again by Rory for The Daily Coin
If you want to stop the so-called “opioid crisis” strip the wealth of every “C” level banking executive at HSBC, Wells Fargo, State Street and Bank New York Melon. Arrest them and then put them on trial, not kangaroo court, but an actual court of law, and try them for drug money laundering, funding terrorist, stealing pension funds and setting up ghost accounts. Try them for high crimes and the opioid crisis, along with a vast amount of crime ON THIS PLANET would disappear. But no, you, yes you, continue to support these criminal operations instead of demanding investigations and arrest.
As we have reported on multiple occasions, or said another way – as the crimes have been reported, we find another bank laundering drug money. This goes along with the other banks, JPMorgan and HSBC that have been “fined” – never prosecuted or torched like Purdue Pharmaceuticals is currently being torched for manufacturing Oxycoten. No banks are never wrong, banks are sacred and must be cuddled as to not upset their minions in government.
Here’s a short list of the articles we’ve published over the years regarding past crimes.
Let’s not forget this is not Wells Fargo only brush-in with the law – not even their first trip in front of judge for drug money laundering. As we reported in September of 2016 – Wells Fargo Caught Money Laundering the Same as HSBC Bank This is to say nothing of Wells Fargo’s other crimes against humanity, you know, the one where they set up phony accounts for American military to siphon funds from unsuspecting customers. Yeah, those crimes agains humanity. Remember the CEO going before Congress for the dog-and-pony show? Yeah, those crimes against humanity. Nothing happened then, nothing will happen today
This link will provide access to upwards of SIXTY different articles – yes, you read that correctly – SIXTY different articles covering high crimes committed by the banks YOU currently support. – CLICK HERE to be amazed
Here’s a link to just the crimes committed by Wells Fargo that we have reported. There are multiple repeats of the same crime, but the shear volume will take your breath away. CLICK HERE
I wonder why China, Russia and a wide variety of nations around the world are looking to create a safe haven alternative to the Federal Reserve Note, U.S. dollar? hmmmm, seems curious to me.
- A Wells Fargo banker pleaded guilty to knowingly opening bank accounts for people working with the Sinaloa cartel.
- Luis Figueroa of Tijuana admitted he took part in the money laundering scheme that stretched across the US.
- Money laundering organizations recruited people who would open bank accounts for the cartel’s drug money, according to US investigators.
- The drug money would be deposited in amounts below the threshold for regulatory reporting into “funnel accounts.”
A Wells Fargo personal banker pleaded guilty on Thursday to knowingly opening bank accounts for people working with the Sinaloa cartel.
Thirty-year-old Luis Figueroa of Tijuana admitted he took part in the money laundering scheme that stretched across the US.
Between 2014 and 2016, money laundering organizations recruited people who would open bank accounts for the cartel’s drug money, according to the US Attorney’s Office in the Southern District of California. The operation laundered over $19 million dollars in narcotics proceeds.
The drug money would be deposited into the bank accounts, also known as “funnel accounts,” in amounts below the threshold for regulatory reporting.
Cash couriers would first pick up the drug money, often times stuffed it into “shopping bags, duffel bags or shoeboxes,” and then deposit it into Wells Fargo and other banks, the Justice Department said in a press release.
The couriers would split the funds into $22,000 to $45,000 increments and deposit them into the funnel accounts. The money would be wired to shell companies based in Mexico and then picked up by the cartel. Source
Wonder why the people in Congress and the Senate don’t want to do anything about Mexico’s corrupt government or do anything about shutting down the open Southern border? Total mystery to me.