|Greetings from Miami, the Magic City|
Wednesday, August 31, 2022
Saturday, August 27, 2022
BARBADOS FRAUDSTER/EXTORTIONIST WINSTON CLARKE, EXPOSED ON THIS BLOG, SEEKS TO STRIKE BACK, BUT FAILS
|This is NOT Ken Rijock with Alex Mitchell|
Sunday, August 21, 2022
Saturday, August 20, 2022
Some of Europe's biggest money launderers are free to conduct their dirty business in Malta, but at the same time, the Government's most dangerous alleged criminal, a Catholic priest, is persecuted by a Labour Party obsessed with reducing the influence of the Church. Father Luke Seguna was charged with money laundering in Malta last month. He allegedly took a half-million Euros from his parishioners' donations to the Church, over a period of a decade. In addition to the laundering charged, it is alleged that he committed Fraud, Preparation of a False Public Deed, and Using a Falsified Document. Was he deliberately overcharged ?
Friday, August 19, 2022
Tuesday, August 16, 2022
in Malta, the more things change, the more they remain the same. I am talking about organized crime. You are looking at a photograph of the men surrounding then-Prime Minister Dom Mintoff, at one of his public speeches. The man to his extreme left, identified by the red circle, is JOHN BONDIN a/k/a il Fusellu, a Labour Party thug, sexual predator, fixer, and made member of the Maltese Mafia. He is also reported to be the illegitimate son of PM Mintoff, hence his physical proximity to the radical Socialist politician whose violent reign most Maltese would like to forget, but there is a parallel here which could be made, when we speak truth to power, as Daphne often did, and where past is merely prologue.
We dredge up this piece of history from Malta's darkest days to compare this career criminal, Bondin, with IOSIF GALEA, current a guest of the German Kripo ( Kriminal Polizei), and facing multiple felony charges. Mr Galea, alleged to have created a niche money laundering business within Malta's online gaming industry, and a traveling companion of Joseph and Michelle Muscat, is rumoured to be cooperating with the authorities, in an effort to mitigate what will otherwise be a long prison sentence, to be served far from the corrupt influence of Malta's judiciary and police.
Compare and contrast Galea with il Fusellu; both were deep inside Malta's criminal brotherhood, protected from the consequences of their crimes at the highest level, moving and cleaning the proceeds of crime for powerful senior PL leaders. Both qualify as thoroughly despicable characters, what we call scum, who would not last a month in any country where the Rule of Law trumped corruption. Bondin's fate may very well befall Galea, as both lived lives that generally do not result in a quiet death at an advanced age, of natural causes. Both were privy to many secrets about Labour MPs and ministers.
When il Fusellu made unwanted advances upon a woman, a family member of hers shot and killed him, in an act later determined by a court to be self-defense. Curiously, Luis Bartolo, who ended that degenerate's career of crime, was sprung from prison, and fled the country, only to return many years later to be exonerated.
Here is where it gets interesting: Bondin had given his minister clients each a Power of Attorney over those significant bank accounts that the held for them as frontman, but those documents lapsed upon his death. Therefore, to give themselves sufficient time to go to his many bank accounts, and clean them out, doctors maintained life support upon the body at the hospital, under the close supervision of the ministers, who preserved the legal fiction that he remained alive, long enough so that they could make those massive withdrawals. Only in Malta could such a macabre scene occur.
Sunday, August 14, 2022
If you are following our unfolding investigation into Barbados' career criminal, and self-styled social activist, WINSTON CLARKE, and his involvement in the unsolved suspicious death of prominent Bajan attorney Douglas Trotman, we have received additional information that confirms the untoward nature of Trotman's final days. These details are extremely disturbing, but it is important that we get to the truth of the circumstances of his passing, so that justice can be done, and Clarke be held accountable for his role.
A close personal friend of Douglas Trotman reported on the morning after he died that Trotman had called him the previous evening, desperate to speak to him. Trotman stated that he did not know how he had gotten to Harrison's Point, and that he was very ill and unable to move. Other sources have stated that he did not have Covid, but was taken away from his law office, and placed in Harrison's Point where he died soon after. When the friend attempted further conversation, he said that the connection was suddenly cut off, as if someone had ripped the phone from Trotman's hands. The friend tried all night, without success, to reach him, only to find out the next morning that the lawyer had suddenly died.
Trotman had recently contracted, and recovered from, the Covid-19 virus, and it was extremely unlikely that he could have caught a fatal dose so soon thereafter, and immediately died from it; the Covid story has been soundly discounted. In conversations with other witnesses, Clarke did not seem to be bothered at all by Trotman's death, and intimated that he had inside information about it, with a nod and a smirk. How involved was he in the mysterious death, being a confidential informant for the Barbados government, which owed Trotman millions of dollars for legal fees?
The public needs to know that Winston Clarke has admitted that he maintains extensive files on many Bajans, for an unknown reason, although it is felt this is to give him the ability to wield undue influence over them, which is more or less a form of blackmail. He keeps that information secure in a stand alone computer not connected to the Internet. For what purpose does he hold personal information, including photographs, on individuals that he encounters or deals with? Are they violations of privacy laws, and are these materials being turned over to government officials?
On a final note, a criminal investigation into the actual cause of death of Douglas Trotman, and the culpability of Winston Clarke, as well as others who were involved in the crime, must be initiated forthwith, and it should go wherever the truth can be found. Were government agents or officials also involved? Stay tuned.
Friday, August 12, 2022
|Attorney Douglas Trotman|
Our continuing coverage of the rogue paralegal WINSTON CLARKE, whom we have exposed as a Public Danger in Barbados, has uncovered additional information that is very disturbing. One of our sources of information, who is one of Clarke's many victims, reports that he implied that he had a role in, and inside knowledge of, the death of attorney Douglas Trotman, whose suspicious death, allegedly of COVID, when he was owed millions of dollars by the Government of Barbados, remains unsolved. Was he deliberately infected by a third party, and with what? Trotman was owed substantial legal fees, earned from the compulsory acquisition of Sam Lords Castle at the time of his death. Readers are directed to the attachments below for details of what the Government owed the deceased.
Clarke, a known sexual predator. fraudster and alleged agent of dark corrupt government elements, is believed to be a confidential informant for the Mottley government. His level of involvement in the murder has not been exposed, but we are continuing to investigate the matter, with the aid and assistance of Bajans determined to get to the truth.
We have been exposing Clarke's tactics of acting as an attorney for Bajans, and engaging in the unauthorized practise of law, and keeping money and property he has recorded for his "clients," but these new allegations demonstrate that he is a Public Enemy in Barbados, and should now be arrested, and subject to pretrial detention, meaning denied bail, due to his ongoing danger to the community. He cannot be allowed to continue to exploit additional victims with impunity.
There has been a total and complete failure of both Barbados' legal profession, and the judiciary, to rein in this career criminal who may still have a counterfeiting case pending against him. Who can stop this criminal, before he exploits additional victims? He's far too close to PM Mottley to be arrested, and too close to the corrupt attorneys who constitute the Power Elite, but has he now made the fatal error of making the admission of being implicated in the Trotman death. Will he survive? We cannot say, but we will be watching.
Wednesday, August 10, 2022
|Shame is the name of the Game by COSIMO|
We understand that the leadership of the European Union, which is vitally interested in cleaning up Malta's sordid offshore financial centre, which is, in truth and in fact, a massive money laundering enterprise, was hoping that the arrival of the Biden Administration in 2021 would result in multiple American indictments of senior Maltese officials, and their many facilitators, for money laundering, as well as American citizens, for violations of the Foreign Corrupt Practices Act (FCPA).
Unfortunately, this did not occur, and there was, we have heard, great disappointment in the EU. Whilst we cannot say for sure, the 800+ new criminal cases brought on by the US Capitol Insurrection on January 6th, and 2500-plus individuals still not arrested, certainly strained the Department of Justice resources to the limit, but eventually the DOJ should finally get around to Joseph Muscat and his Maltese Mafia.
When that day does come, and with the 2025 EU deadline for Members to shutter their Citizenship by Investment programmes closing in, Malta may experience a shock to its economy which will require that new industries be funded, or its outlook will be grim indeed. When financial criminals or budding tax evaders cannot have confidence in their ability to evade indictment and arrest, they will give Malta a wide berth. What will its residents do the for employment ?
Frankly, the long arm of American justice is way overdue to land hard upon Malta's many money launderers. They are foolish enough to traffic in US Dollars, which find their way through the New York banking centre, and confer American jurisdiction upon the offenders. When that day comes, expect a new wave of emigration abroad, Mr. Abela, that is if you are not yourself a guest of the Bureau of Prisons.
Tuesday, August 9, 2022
If you are intending to raise Country Risk on Turkey, due to its increasingly close relationship with Russia, and therefore the raised risk of sanctions evasion activity through Turkey, you might want to scale that back to a point where the risk is highest. Five major Turkish banks have now agreed to accept the Russian Mir payments system, which is supposed to facilitate tourism, but could be used artfully and cleverly by experienced money launderers for sanctions evasion. For some reason, all the articles on the subject failed to name the specific banks, so we will now pass that information on to you here.
Our suggestion: make these banks high-risk, allowing your international clients to trade with Turkey, whilst protecting your bank from sanctions evasion.
The banks named are:
3. ZIRAAT BANK
In any event, should you see ANY increased or unusual traffic from Turkey, involving large purchases of Western goods, institute enhanced due diligence procedures forthwith, and notify bank counsel accordingly.
WILL FORMER MALTESE GAMING OFFICIAL, NOW UNDER ARREST IN GERMANY, GIVE UP HIS MONEY LAUNDERING CLIENTS ?
There are reports that IOSIF GALEA, a former Maltese gaming industry regulatory official alleged to be a money launderer for powerful interests in his country, has been extradited to face justice in Germany. Galea, arrested in Italy whilst in the company of former Prime Minister Joseph Muscat's traveling entourage, is said to have provided illicit services for clients who wished to wash their criminal proceeds through opaque Maltese gaming company schemes.
The question being asked is whether he will, to mitigate his probable sentence, cooperate with the German authorities against his present and former clients ? Galea, who is also know for his involvement in allegedly illegal actions in Malta, against opponents of the country's ruling Labour Party, could bring down the current government with his first-hand knowledge of official corruption.
The absolute silence in the government-influenced Maltese press about his pending case in Germany speaks volumes about how his possible disclosures might result in the indictment of senior figures who to date have enjoyed virtual immunity from prosecution from arrest at home, due to the rampant corruption amongst law enforcement agencies and judiciary within Malta.
Monday, August 8, 2022
Just when you thought we had seen it all with Barbados greedy and corrupt lawyers, it gets worse. EZRA ALLEYNE, the recently deceased politician and lawyer in Barbados, sold the same home to three different purchasers. The truth came out when one of new "owners" arrived from abroad, and found out, to her chagrin, that the house she thought she owned was occupied by another individual, who was claiming right title and interest to their property. Victims' statements appear to confirm that Alleyne gave all three of them warranty deeds to the same property.
Alleyne, who was buried today in an official government ceremony with favorable remarks by David Simmons and the PM, was exposed by this blog in articles entitled Prominent Lawyer Passes, leaving Victims in his Wake, and Shameful: Barbados to Provide an Official Funeral for Lawyer/Legislator who was a Dirty Old Man and a Thief. His misconduct was ignored by the local press, which instead enumerated his political and legislative accomplishments, but failed to disclose his repeated pattern of theft from many of his clients, and sexual harassment of women that often bordered on predatory action. He was reportedly a patron of Spartacus, and had a phallic carving on his law office door in the past. He gave his profession, which is under attack from multiple victims, an even blacker reputation.
We would like to know whether his other sales of real estate was to more than one buyer for the same property, and whether those properties can be seized by the authorities for fraud and theft. The public deserves to know the extent of Alleyne's criminal conduct, and how the Mottley Government intends to make restitution to his many victims.
The Alex Saab Moran money laundering case continues to be a puzzle; he has assembled a Dream Team of experienced criminal defense attorneys to argue his position that he has bona fide diplomatic immunity from prosecution, that his detention and extradition to the US from Cape Verde was therefore illegal, and that he should be released. The issue, for which the Court has reserved a week of time, is coming up later this year.
The US Attorney's Office in Miami recently added an experienced prosecutor to the already impressive team on the case, obviously in preparation for the hearing. Attorneys have been appointed to deal with Classified Information Procedures Act issues. It appears that it is going to be a contested matter. So why do we think there's something amiss ?
The rumors, to the effect that Saab, who did seek to make a deal with DOJ while a fugitive, actually made an arrangement with US law enforcement to cooperate, while still incarcerated in a Cape Verde jail, are not going away, and major FBI activity, regarding a local Antigua bank where Saab, as a money launderer moved US dollars out of Venezuela for his clients. The CEO of that bank has also been targeted. Did Saab give information to American law enforcement about the bank ? It's a little too coincidental, to say the least. Also, what about former BVI Premier Andrew Fahie; did he have a hand in that case ? And Saab's laundering in Malta, over over $100m, did he give up those involved ?
The diplomatic immunity issue could be a smokescreen to protect him, and to conceal the fact that he is busy cooperating against some major Caribbean players. Perhaps he will amazingly win his motion, and walk free, with the real reason he prevails in court never be publicly known. He may also end up living in the United States; it's no secret he once made overtures to that end.
The case is a mystery wrapped in an enigma; I don't have an answer, but we may soon find out when the Court rules on the issue. However, will the loser have the right of appeal, and will that be yet another cover story for what's really going on behind the scenes ?
Readers of this blog know that we have been reporting on this case since Daphne Caruana Galizia was murdered in Malta. If you haven't been listening to the Daphne podcast, you are missing out on a detailed recreation of the events leading up to her assassination, the deed, and the aftermath. In the last episode, it is mentioned that a foreign intelligence service is also involved in the ongoing investigation.
We recommend that, of you have been following the case, you check it out. The link is:
Sunday, August 7, 2022
WITNESS CONFIRMS FOUL PLAY SUSPECTED IN DEATH OF MONEY LAUNDERING PROSECUTOR, CONTRARY TO GOVERNMENT PROPAGANDA ARM
The flurry of articles about the suspicious death of Maltese prosecutor Karl Muscat that have appeared in local media are inconsistent with the truth. An individual with a close relationship to the deceased sent a message to a prominent public figure, detailing how the prosecutor, who was known to be zealously pursuing a number of major money laundering cases against prominent Maltese figures, was being harassed and bullied at work, and being pressured from above to slow-walk those cases by his superiors, including the Attorney General, Victoria Buttigieg, who answers to Labour Party leaders, in all matters. We are protecting both that witness, as well as the recipient of that message, for their personal safety. Obviously, he did not die from his own hand.
Although it is admitted that toxicology tests are ongoing, the character of the deceased, a crime-fighting prosecutor in the Office of the Attorney General, has already been smeared as an alcohol abuser, and a heavy user of illegal narcotics. These bogus charges, which are not true, are an attempt to tarnish his character. It is an organized effort to establish a narrative for the public to swallow the fiction that Karl was responsible for his own death, not third parties.
The Government is strongly pushing its own version of the events. We note that only senior management, and the editor of MT, are being fed "details" of the case. The fact that Executive Editor Matthew Vella wrote the inflammatory article confirms our suspicion that the Government is behind a concerted campaign to establish their narrative, to the exclusion of any other possible causes of death, meaning foul play, and that it chose its favourite supposedly objective media arm for the task. It is common knowledge in Malta that the large amount of government advertising on MT made its part owner and CEO a millionaire, and gave him prime-time TV slots for his show.
Many of their readers are simply not buying the propaganda. Good readers are realizing that the article are an effort to impugn his character, so the public will move on, and ignore any truth tellers:
Most Compliance officers in the EU know to disregard articles by a Government mouthpiece when engaging in dire diligence investigations of Maltese clients and companies. We are going to continue our search for the truth, to determine who, or what, is behind Karl Muscat's death, wherever the story leads us. Stay tuned.
Saturday, August 6, 2022
In the Supreme Court of the United States
TURKIYE HALK BANKASI A.S., AKA HALKBANK, PETITIONER,
UNITED STATES OF AMERICA, RESPONDENT.
ON PETITION FOR A WRIT OF CERTIORARI TO THE UNITED STATES COURT OF APPEALS FOR THE SECOND CIRCUIT
Halkbank, The Turkish government-owned financial institution, seeking to avail itself of the Doctrine of Sovereign Immunity to escape a Federal money laundering charge in the Reza Zarrab Iran oil-for-gold sanctions evasion case, has filed its Reply Brief in the United States Supreme Court. The District Court (SDNY) held that the Commerce Exception to the Foreign Sovereign Immunities Act applied, and Second Circuit affirmed that decision. A Certiorari Petition to the high court followed, as the bank had no more appeals as a matter of right.
The bank is looking for Cert to be granted under either Conflict Certiorari, where two or more of the appellate Circuits' decisions are on conflict, or that the matter be deemed of great public interest, or that a Substantial Federal Question exists.
Here are the bank's issues, as framed by its counsel in its brief, quoted verbatim:
The Decision Below Deepens an Entrenched Circuit Split and Conflicts with This Court’s Decisions.
The Question Presented Is Exceptionally Important and Squarely Presented.
The Decision Below Is Wrong .
The Court will take up the case in Conference on September 28; we shall be monitoring the outcome.
As we have previously reported on the criminality of Ralph Innochina Sanders a/k/a Shawn Sanders, Malik, Raphael S., Sean Sanders, Sean Black, Ralph Overseas 6/6” Sanderss Jerry Cartwhite, and Jerry Cartwright, whose modus operandi is to scam naive women out of their money and destroy their good credit rating.
He meets most of his victims while being employed at auto dealerships as a salesperson. To get hired, Sanders frequently provides the employer with a false Date of Birth (DOB) of 07/01/1968, when his actual DOB is 02/04/1968, together with other false identifying information to conceal his lengthy criminal convictions.
In truth and in fact, Sanders has been successful in duping many Northern California dealerships into hiring him just to get enough time to run his textbook fraud on vulnerable women customers. Once his fraudulent activities are discovered, Sanders targets other dealerships to repeat the same scam.
This a highly dangerous Gaslighting career criminal who has served over 15 years in State prison for Identity Theft, forgery, fraud, and child molestation, and is now living and working in Orange County California. Applying the same Northern California textbook scam, he was able to dupe Sydney Benjamin at McPeeks Jeep Doge of Anaheim into hiring him.
He is reported to frequent Laguna and other beach area cities, peddling his self-published fake book of lies, and presenting himself as a security guard with a firearms license. He also photographs himself in front of other peoples' luxury vehicles, then posts the pictures on social media to falsely present himself as an affluent person. Some of the local businesses have complained about his fraudulent fundraising on behalf of a bogus organization, Juveniles at Risk, which was shut down by state regulators.
|Posing in front of someone else's luxury car.|
A number of his victims have sued him for fraud, harassment and intimidation, only to be left holding the bag financially with large attorneys fees bills. In a number of civil suits in California against this scamming criminal, he intentionally never answers the summons within the 30-day mandate required by state law. Subsequently, the court clerk enters a default against Sanders, but he ignores the courts' orders and never pays his victims, instead copying the same court document and records filed against him, and publishing the material online, without showing the default judgment, in an attempt to dupe potential victims that he has prevailed in court against his accusers.
One victim is currently pursuing litigation against the career criminal and his partner in crime, wife Lauren Sanders. Neither reported the amount of money the pair have embezzled from the victims over the last 5-10 years, and have never reported on their Income Tax filing that income, which is considered tax evasion under the IRS Code 26 U.S. Code § 7201, Attempt to Evade or Defeat Tax. More importantly, the Sanders' attempts to bank or transfer such criminal proceeds constitutes money laundering under 18 U.S. Code § 1956, Laundering of Monetary Instruments. That is a Federal Offense with a 20-year maximum penalty.
California State law Penal Code 532 PC also prohibits theft by false pretenses – which is defined as defrauding someone of money or property by way of false promises or representations.
Considering the legal tools available to Federal and State prosecutors, our readers are asking why so many law enforcement agencies have ignore this criminal’s daily criminal activities against helpless and naive women and senior citizens.
In many of our previous articles on Ralph Sanders, we have demonstrated that he is semi-literate at best; our next article will feature some of Ralph Sander’s accomplices who create his false attack and harassment blogs against his victims and support his ongoing criminal activities.
Friday, August 5, 2022
DISINFORMATION CAMPAIGN CONCERNING THE SUSPICIOUS DEATH OF MALTA'S MONEY LAUNDERING PROSECUTOR ARRIVES
|Muscat gets Bitten by COSIMO|
It seems that, no sooner had Maltese prosecutor Karl Muscat's body been discovered than a ruthless campaign of disinformation, misinformation, and false rumours began to build a fictional narrative, all intended to mislead Malta's public about the death of the money laundering prosecutor. Whilst no official information was released, the local press received news, in what must have been record time for the Malta Police, of purported autopsy results, alleging heart failure of a man in his early forties, which is a definite red flag for any forensic investigator. There is something dodgy about this case, hence the explosion of misinformation.
Then the paid Labour trolls chimed in with their various versions of what they claimed the truth to be, on Facebook and elsewhere on social media. One definitely concluded that it was suicide, due to his suspension by the Attorney General on bogus grounds. Another asserted that he was a "blue baby" at birth, with a long history of heart trouble Still a third troll openly stated that he suffered a heart attack due to work and/or political stress, and even went so far as to blame his former PN political affiliation for his death. We call this a coordinated troll response.
You can usually find most of that garbage on the Comments posted to MT articles, a supposedly objective news publication which most EU compliance officers recognize is often employed as a propaganda arm of the Labour Party in news articles favorable to PL or attacking the Opposition. They usually rely upon TOM for accurate information. MT were the first to break the news, with a coordinated leak from the Malta Police Force to MT management (not journalists), MT being normally the first mouthpiece for government propaganda.
They never stop with the propaganda when called to respond to unfavourable news, and in this case, given the suspicious nature of his death, the trolls have been working overtime to create a bogus narrative that they think the voters will believe. We call that planting the seed of doubt. Will the truth surface? Don't bet on it, but you can bet that the leadership of the European Union is watching the case very closely. Not to mention Italian law enforcement agencies.
Thursday, August 4, 2022
MALTA'S MONEY LAUNDERING PROSECUTOR DIES OF "HEART FAILURE;' AT 43; WAS HE POISONED LIKE BARRY RANDALL ?
|Martyr by COSIMO|
Today's announcement, that the prominent Maltese prosecutor KARL MUSCAT, who worked on money laundering cases in the Office of the Attorney General, died of heart failure, was not credible. Inasmuch as he was only 43 years old, the autopsy came out in record time, and with no accompanying toxicology report, we strongly suspect that he was poisoned, to prevent him for completing his work on the RYAN SCHEMBRI and YORGEN FENECH cases. Many sophisticated poisons leave no trace after a very short time period, and we call for an independent autopsy and any outside examination by medical examiners with relevant experience from INTERPOL.
The Maltese press has never covered it, but the suspicious death, believed to be due from poisoning, of British investigative journalist BARRY RANDALL, who was following a lead in Montenegro supplied to him by Daphne Caruana Galizia. The subsequent detention just after Randall's visit to Montenegro, upon the arrival in Malta of a career criminal found in possession a number of poisons, may provide clues to Karl Muscat's untimely and suspicious death. Muscat was right in the middle of two major money laundering cases.
The Randall death was never solved, and it should be opened in Malta, as the perpetrator may be one and the same. Randall's online publication, Caribbean News Now, focused upon the use of Citizenship by Investment passports by international criminals. What did Daphne pass on to him that caused Randall to abruptly travel to Montenegro, in search of what he would not reveal to associates, but which he described as a major scoop ?
If Malta is starting to return to its violent past, the European Union must focus its attention upon these capital crimes, lest the failure of local authorities to solve the Muscat case embolden Malta's Mafia to again kill its victims with explosive devices and daylight executions in public.
Wednesday, August 3, 2022
ASSASSINATED MALTESE MONEY LAUNDERING PROSECUTOR DISREGARDED WARNING FROM ABROAD ABOUT THREATS TO HIS SAFETY
|The Scene of the Crime.|
You are a new accounts executive, specializing in onboarding high net-worth customers, locted in an international bank somewhere in the European Union. How would you explain either of these new clients to your compliance department ?
(1) Your new client, who owns a computer manufacturing factory in Malta, presents a Maltese passport, showing him as a native Maltese, plus a drivers' license, and two bank references from leading financial institutions in his country, showing impressive balances, and existing account relationships. His company exports to customers around the world, and he needs an international bank with a global reach through correspondent relationships. The only problem is, you have spent a considerable amount of your holidays in his country, and are familiar with English when spoken by one who first language is Maltese, and your new client has a Slavic accent.
(2) Your new client, a partner in a Caribbean hotel, shows his Antigua passport as identification, supposed by all the appropriate financial documents and references your bank requires, which you have confirmed. His passport lists his native-born status, but his conventional vocabulary, and lack of Caribbean lilt indicate otherwise. Also, his passport was issued only last year, and doesn't have a lot of entry or departure stamps on it. He wants to move funds to Europe, in preparation for a new business venture he is purchasing this year.
Both of these gentlemen have proffered Citizenship by Investment (CBI) passports, indicating citizenship and nationality from a low-risk jurisdiction. All their documents and supporting information, including glowing bank references, are legitimate and acceptable. So what's the problem?
Both men are Russian nationals; one is linked to Russian Oligarchs under EU and American sanctions. One is moving dollars for Iran, in violations of international sanctions; the other is cleaning narcotics profits. Your compliance officer would not have caught wither of them had you not taken holidays in both countries, and sensed that something was amiss.
Compliance officers face headaches every day, when dealing with individuals hiding under CBI passports, who otherwise would not survive the initial compliance checks at your bank. If the frontline new accounts staff at your financial institution have the benefit of a broad educational background, an inquiring mind, and ready access to information, they may be able to catch some of the posers, but in the end it is the compliance department that must analyze the information, and separate the wheat from the chaff. Remember to give them the tools to do so effectively.
ZEALOUS MONEY LAUNDERING PROSECUTOR IN MALTA KILLED; WAS INVOLVED IN BOTH YORGEN FENECH AND RYAN SCHEMBRI CASES
Karl Muscat, known to be a crusading money laundering prosecutor in the office of Malta's Attorney General, was found dead in his home under suspicious circumstances. the Authorities are already spreading rumours that it was suicide, but seasoned Malta watchers believe it was an assassination, due to his role in pending financial crime cases involving prominent Maltese, specifically millionaire businessman Yorgen Fenech and former supermarket executive Ryan Schembri, the cousin of indicted former Muscat Chief of Staff Keith Schembri. both defendants are linked to the Labour Party.
Mr. Muscat, who had a reputation for being dedicated to his money laundering cases, even to the point of working when other prosecutors are on strike. He even picked up the money laundering caseload of his striking associates earlier this year, indicating his zealous nature towards his profession. He was the prosecutor in a case involving a Fenech associate who as questioned by French Police, Nicolas Cachia, which could mean Fenech has possible criminal exposure in France; his Malta cases have dragged on for years, leading observers to conclude that disgraced Malta ex-PM has ordered that they be slow-walked to deny justice through delay.
The slain prosecutor was recently suspended by Malta's Attorney General, who is known
to be under the thumb of Joseph Muscat, who rules the country although forced out of office. Did he, like Daphne Caruana Galizia, discover evidence against Malta's criminal elite, and paid the price with his life ? European Union human rights investigators will most certainly be looking into his case, which demonstrates the hold the Maltese Mafia has upon the country, and its people.
Tuesday, August 2, 2022
A reader has asked us to name the person whom the story discussed in our original May article entitled Barbados Victim of Land Fraud Cheated by the Lawyer he Engaged to Obtain Justice, but who was subsequently unidentified in another article. He is WINSTON DECOURCEY CLARKE, whose dangerous conduct we have further detailed in several subsequent articles. Mr. Clarke has denied participating in a number of unsavory acts and deeds listed in those articles. He also was incorrect in alleging that we are seeking to respond to his Expose' series, as our articles preceded his blog entries. This blog has been in continuous publication since 2011; we believe that Clarke, who was serving a long prison sentence, just started his blog last month. Our May 30 article was the first that exposed Winston Clarke. Read it below: Barbados Victim of Land Fraud Cheated by the Lawyer he Engaged to Obtain Justice*.
We wish to assure our readers that we confirmed the truth of our stories through further information received from a close member of his entourage. We do not consider that person a "mole" or informant, but one who wishes that our reporting be accurate and correct. His victims also supplied information to us.
If you did not see the original article, you may access it here.*
WILL NEW UK RULE ON DISCLOSURE OF BENEFICIAL OWNERSHIP SHUT DOWN THE LUCRATIVE BVI OFFSHORE INDUSTRY ?
The strict new regulation in the United Kingdom, regarding the mandatory disclosure of the Beneficial Owners of corporate entities that hold real property, could have a severe impact upon what has been a very lucrative business in offshore companies in the British Virgin Islands. the penalties, which include restrictions upon the transfer of real estate whose owners have not been publicly named, and even a five-year prison sentence of offenders, will probably spell the end of the opaque practise of placing valuable land purchases in the name of BVI companies, since the primary goal of the buyers was to deny anyone and everyone the identities of the true owners of their asset.
Over on Roadtown, BVI, we imagine that financial service firms, as well as those in local government, who depend upon the substantial revenues received for company formation to pay their public servants, are distressed. The new UK model could be adopted by the jurisdictions, resulting in a steep decline in their foreign corporate clientele. The fear that cleverly hidden valuable assets might subsequently be exposed to the taxman in their home country, as well as law enforcement and regulatory authorities, will certainly be the cause of many sleepless nights amongst those foreign nationals who have a lot to hide from those at home.
Of course, any and all corporate owners of UK realty are subject to the same what foreign purchasers now regard as severe restrictions, but BVI companies are far and away the first choice of international lawyers and other professionals intent upon hiding their clients' ownership of expensive London property, and that is most likely where this British counter-move will have the most impact. Outside of tourism, the BVI has little outside sources of income, to support its population. Its leaders may now be forced to diversify its economy into other fields, which would generate cash through taxation, to meet its domestic budgetary requirements.
NOTE: Readers requiring more detail are advised to read our blog article from yesterday entitled Read 'em and Weep; Money Launderers placing Cleaned Funds in UK Real Estate, August 2, 2022.