Canada’s casinos … one of Hezbollah’s ways of laundering money
Assumetech, 03 May 2021
The Canadian federal government has set up a committee to investigate money laundering operations, die through gambling in Casinos in Vancouver and drug smuggling, involving a network affiliated with the Iranian regime and the Hezbollah militia.
The committee provided the Al-Arabiya Canal with part of the investigation carried out in March last year, in which an official die Iran and Hezbollah involvement in money laundering process revealed. Continue reading “Article:Canada’s casinos … one of Hezbollah’s ways of laundering money”
Another bitcoin mixing service fraud gets caught with the help of the International Revenue Service, this time catching a suspect of 336 million dollars.
Colombo, May 1: India and the US have designated themselves as “strategic partners” with political, economic and military dimensions to the relationship. But the partnership has kept coming under strain.
Just about three months ago, I wrote a blog post which featured this quote, from Charles P. Kindleberger’s Manias, Panics and Crashes: “Swindles are a response to the appetite for wealth (or plain greed) stimulated by the boom.” Since then, the number of frauds, or swindles, that has been revealed has soared, a clear testament to both the breadth and degree of greed inspired by the current boom.
A Chinese money-launderer was about to pick up Mexican drug-cartel cash in Chicago, federal authorities say, when his plans suddenly changed.
Thomas Gottstein has been CEO of Credit Suisse for 63 weeks. There is no doubt that the overwhelming majority of them, and indeed all of the last eight or so, have been waking nightmares. Surely, however, there have been some consecutive five-day calendrical periods that he has enjoyed the job he has presumably been pining and preparing for most if not all of his professional career, some Fridays when he walked out of his office with a genuine spring in his step and ability to enjoy the weekend as much as any Swiss can enjoy such a frivolity.
Five people have been charged in federal court for their involvement in two securities fraud schemes. According to prosecutors, the schemes involved an offering fraud of a Texas-based oil and gas company and the attempted manipulation of a cannabis company’s publicly traded stock.
Negotiations between banks to create a permanent, central pot of money to refund scam victims have collapsed.
We began April talking about Volkswagen’s April Fool’s Day prank that went awry, and we end the month back on the same topic. Circle of life!
NORFOLK, Va. (WAVY) — Two people were convicted Friday in a nationwide investment fraud scheme that caused losses of more than $25 million for more than 300 victims, many of whom were elderly.
Market manipulation is as old as the market itself. From arbitrage to front running, from pump and dump to cornering the market. But every imbalance will close at some point, and every front runner gets front-run by faster competition himself, eventually. In the case of Silver (XAGUSD:CUR) and its exposure to spoofing practices of various market participants, the principle is the same. The truth will prevail.