February 2021 – Page 17 – Financial Treason & Crime

WSJ | 21.02.01

Apple Bank for Savings will pay the FDIC $12.5 million for allegedly failing to comply with the Bank Secrecy Act

Apple Bank for Savings agreed to pay $12.5 million to settle a regulator’s claims that it failed to comply with anti-money-laundering rules. The bank allegedly violated the Bank Secrecy Act, an anti-money-laundering law, between April 2014 and September 2018, the Federal Deposit Insurance Corporation said. The order was issued in December and made public on Friday.

Continue reading “New York Bank Fined For Anti-Money-Laundering Law Failures”

02/01/202103/27/2021

Mirror: Marc Cohodes on GameStop, Melvin, Citadel, and the State of Short-Selling

02/01/202103/17/2021

Web: Gift of $25M Will Build Benton Center for Creativity and Innovation, Support Third-Century Plan

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Gift of $25M Will Build Benton Center for Creativity and Innovation, Support Third-Century Plan

Mark Walden, Colgate University, 1 February 2021

Daniel Benton ’80, H’10, P’10 has secured his place as Colgate’s most generous benefactor, making a $25 million gift in support of the University’s Middle Campus Plan for Arts, Creativity, and Innovation and other elements within The Third-Century Plan.

Editor: An Alert Reader has suggested that the hedge funds that have been doing $100 trillion in naked short selling are starting to disburse money before it can be confiscated via civil and criminal forfeiture. $25M is chump change, but the thought by Alert Reader is one worthy of joint NSA-DOJ examination.

02/01/202102/03/2021

Carson Block Suspects Hedge Fund Coordination in Short Squeezes

Article - Media

Erik Schatzker | 21.02.01

Carson Block, the activist short-seller famous for targeting Chinese frauds, recognizes familiar behavior in the rally of shares such as GameStop Corp. To him, the parabolic moves look less like the product of Reddit-driven retail orders than a short squeeze by hedge funds targeting other hedge funds.

Continue reading “Carson Block Suspects Hedge Fund Coordination in Short Squeezes”