DID THE $18m STOLEN IN THE GRENADA SUSTAINABLE AQUACULTURE FRAUD END UP IN IRAN ?

Information, which has recently surfaced in our investigation of the activities of Soren Dawody, the Iraqi businessman who ran the never-built GSA project as a approved investment in Grenada's CBI program, now leads us to believe that the eighteen million US Dollars raised by the developer, may have ended up in Iran, in violation of international sanctions.

Dawody's Toronto-based immigration consultancy has no Canadian license, and is operated out of an accommodation address. (Obviously, the Government of Grenada failed to conduct even the most elementary Due Diligence investigation upon him) His principal office is in a hotel in the UAE. He  associates himself with a licensed immigration agent in Canada, and we assume that is how he evades Canadian licensing laws.

The licensed agent, though offering immigration services through a website that purports to show a Toronto address, actually resides in California, and her business appears to focus upon securing Canadian and American residency for Iranian nationals. We wonder whether these activities circumvent American and international sanctions on Iran, and if Dawody's  illegally-acquired GSA millions are employed in this scheme. After all, he has capital located outside Iran, but reportedly elsewhere in the Middle East, which could be employed in sanctions evasion, on behalf of Iranian seeking residency on North America, or even CBI passports in the East Caribbean, but have funds tied up in Iran.

The issue is whether the $18m, in the hands of Dawody's Grenada Sustainable Aquaculture Ltd., is being utilized to provide financial support for Iranian nationals, including government officials, intelligence agents, or terrorist financiers; Our investigation continues, especially our documentary examination of alleged violations of the American Money Laundering Control Act of 1986.

ABDUL REZA SHAHLA'I - IRGC COMMANDER/ FINANCIER IN YEMEN TARGETED BY US SPECIAL FORCES- $15m REWARD

GROUPE D'ETATS CONTRE LA CORRUPTION (GRECO) REPORT FOR COE CRITICAL OF CORRUPTION IN GOVERNMENT AND LAW ENFORCEMENT OF FRANCE

 GRECO, the Anti-corruption agency of the Council of Europe (COE), has released its Evaluation Report on France, covering corruption issues in French government and law enforcement. Readers whose bank clients have business in France are urged to review the Evaluation.

The complete text of the 64-page Report may be accessed here.

 

SENIOR LEADER AND SPIRITUAL ADVISOR TO PALESTINIAN ISLAMIC JIHAD; WANTED IN USA

RUMORS OF COOPERATION AND GRANTS OF IMMUNITY ROIL TARGETS OF DOMINICA MONEY LAUNDERING INVESTIGATION

Indications that a major player in the Stanford international Bank Ponzi scheme, now in US custody, is apparently cooperating with US law enforcement, together with credible reports of grants of immunity, given to individuals supplying evidence about money laundering, have senior government officials in the Commonwealth of Dominica on edge.

Leroy King, Antigua's former principal banking regulator, is said to be cooperating with the authorities. King faces mail, wire & securities fraud, Obstruction of Justice,  and Obstruction of an SEC Investigation charges, all of which add up to 175 years. He is known to be seriously ill with Pancreatic Cancer, and may not have long to live, according to sources in Antigua. King also is allegedly angry at the the targets of the investigation, whom he claims wronged him on the past, and which may be the reason for his alleged cooperation. Informed sources in Antigua have long thought that King would not cooperate, due to the presence of family members in Antigua, but it seems his cooperation is reportedly limited to government officials in Dominica.

The identities of individuals who have received grants of Transactional Immunity are not known, but they are believed, by seasoned observers of the Caribbean legal scene, to be citizens of East Caribbean states other than Dominica. They are allegedly providing evidence of money laundering activities, from records of financial institutions, and personal testimony.

The known Persons of Interest in the investigation include, but are not limited to, Prime Minister Roosevelt Skerrit and attorney Anthony Astaphan SC, Skeritt's personal lawyer. Others whose names have appeared include ministers who are members of the Cabinet, and European and Middle Eastern businessmen who control the larger CBI consultancies, offering Dominica passports.

We shall continue to report all significant developments in this story as they occur.

HOW THE QUDS FORCE FUNDS TERRORISM IN THE MIDDLE EAST

$3m REWARD FOR LEADER OF JUA TERRORIST ORGANIZATION

ABDUL WALI

HONDURAS DESIGNATES HEZBOLLAH AS A TERRORIST ORGANIZATION

The Republic of Honduras has named Hezbollah a terrorist organization, becoming the fourth Latin American nation to designate the Lebanon-based Shi'ite organization. In 2018, Guatemala became the first Central American nation to take that step. The United States & Canada both have designated Hezbollah.

Argentina & Paraguay are the other two countries in the region to have previously acted against Hezbollah, which is engaged in narcotics trafficking and a number of other criminal ventures, in Latin America, and which launders its criminal profits through the financial system, and repatriates those funds back to Beirut, generally through Panama.

RAISE COUNTRY RISK DUE TO GRENADA'S FAILURE TO ASSIST GSA VICTIMS

If you have been following all the latest articles promoting Grenada's newest pair of CBI construction projects, you should be aware that most of them are actually sponsored by either Government or the CBI consultancies, and are not to be relied upon as being strictly factual, due to the fact that they are marketing tools, designed solely to attract CBI applicants. I am seeing at least a dozen of such websites, all of which show up early on in a Google search. Placement of these many articles was obviously quietly accomplished through payment to the webmasters; some of the stories are merely press releases for the developers which have been presented as "news' articles. ignore all such content, please.

Frankly, until and unless Grenada actually pursues its purported investigation into the missing $18m from the Grenada Sustainable Aquaculture (GSA) project, we have no grounds to know whether subsequent  CBI construction projects, such as those now being actively marketed globally,  can be trusted to be built out and completed.

Compliance officers who are entrusted with assessing Country Risk st their respective financial institutions should take the GSA scandal into consideration when calculating the level of risk, and they would do well, under the present circumstances, to advise bank clients that any individuals making investments in Grenada, in conjunction with a CBI passport, could lose their entire investment, due to fraud and the failure of government agencies to vet, supervise, and monitor the CBI consultancy projects.

RODNEY ALLEN, FUGITIVE FORMER INVESTMENT ADVISOR, UNDER INDICTMENT AND WANTED BY FBI FOR WIRE FRAUD

RICHARD CHICHAKLI'S SUIT AGAINST UNITED STATES DISMISSED

A US District Court Judge has dismissed the civil suit brought by Richard Chichakli for damages and for return of his personal property, adopting the Recommendations previously made by a magistrate Judge.  He alleges that valuable original documents, and other assets, seized in a raid upon his residence, were never returned to him, notwithstanding a court order requiring such action.The grounds cited were lack of jurisdiction. A number of other Federal agencies and employees were also named as party defewndantys.

 Mr. Chichakli has filed a Notice of Appeal of the decision with the Fifth Circuit Court of Appeals. Below pleae find the Order, which was the basis for a Judgment entered in the case, dismissing it.

AHLAM AHMED AL-TAMIMI - HAMAS TERRORIST - $5m REWARD

ARTICLE PROMOTING GRENADA'S CBI PROGRAM MISLEADS THE INVESTING PUBLIC

A recent article, appearing in Caribbean News Global, stated that Grenada's Citizenship by Investment (CBI) program "has been ranked as one of the best-run programs, by the international Monetary Fund (IMF), World Bank and other [unnamed] financial institutions."

Unfortunately, this statement is not only untrue, the IMF and World Bank have published what amount to be warnings to the investing public, regarding Grenada's CBI program. This does a disservice to foreign investors from high-risk countries, who are seeking to place investments in Grenada which will result in the issuance of a passport and citizenship papers.

Let's take each allegation in turn:

(1) Regarding the International Monetary Fund, the 2018 and 2019 Consultations and Staff Reports, neither rank Grenada's CBI program against others, nor find it to be"one of the best-run." To the contrary, the INF Consultations point out that Grenada was just released from its Grey AML/CFT status, and that there are concerns about the due diligence investigations being conducted upon CBI applicants.

(2) The World Bank has also not specified in any of its reports that Grenada's CBI program is "best-run;" Indeed, it has made no editorial comments or judgments about the CBI program whatsoever, and mainly files statistical information.

(3) Given the eighteen million dollar ($18,000,000) loss suffered by foreign investors who paid into the Government-approved Grenada Sustainable Aquaculture program, which was never built, any such puffery about Grenada's GBI programs should be completely ignored by prospective investors, who will want to choose other CBI jurisdictions for their capital.

(4) Concerning the balance of the statement, to the effect that unnamed financial institutions also regard Grenada CBI as best-run, the banks have not been identified, and since most reports that purport to rate CBI programs calculate their worth solely upon how many visa-free jurisdictions one can visit with the passport, we cannot regard these ratings are valid.

When conducting an appraisal of a CBI passport program, do NOT read the articles  obviously sponsored by international CBI consultancies, as they are little more than a marketing ploy, designed to let you think you have found the absolute best CBI program. You only learn,  too late, that there are a number of negative aspects which were not explained to you. Next time, engage an experienced attorney to perform enhanced due diligence, and make sure he is independent, qualified to practice law in that jurisdiction, and is aware of prior lawsuits, arrests, seizures and forfeitures, and how this specific CBI passport may be revoked or cancelled.

US FILES MOTION IN LIMINE IN THE ALI SADR CASE, TO ELIMINATE CONFUSING DEFENSE TACTICS AT TRIAL

If you are one of those who is monitoring the Ali Sadr Hashemi Nejad Federal criminal case in New York, you probably know that the trial has been scheduled for March 2, 2020, and the District Judge presiding has indicated that there will be no further motions to postpone it. Hashemi Nejad's attorneys have conducted a zealous defense on his behalf to date, though it has not resulted in any favorable rulings from the Court.


The Government's Motion in Limine, which was recently filed, signals that prosecutors are seeking to exclude the introduction of irrelevant arguments that could confuse the jury, and divert them from acting as a Finder of Fact, when reaching a verdict. Additionally, the Government wants the Court to specifically allow evidence that it believes with clinch its case, free of any possible defense actions to interfere with its introduction at trial.

Here's a summary of the Government's motion, from its Memorandum of Law:

(1) Any evidence or argument that there are any benefits to the public from the Venezuelan project should be excluded.

(2) Any evidence or argument that the Defendant did not commit the charged bank fraud offenses, because of purported victim fault, or lack of harm to the victim banks, should be excluded.

(3) Any evidence or argument regarding the JCPOA should be excluded.

(4) Any examination of expert witnesses, affiliated with a non-profit policy institute.concerning the institute's donors, should be excluded.

Here is what they want the Court to let in:

(A)  Certain documents that are admitted for the non-hearsay purpose of extablishing the Defendant's knowlege of US sanctions.

(B) Statement and documents from co-conspirators, in furtherance of the charges conspiracies.

(C) Evidence about the process of obtaining CBI citizenship in the Federation of St. Kitts & Nevis should be admitted.

Observers in Malta where Hashemi Nejad's Pilatus Bank was licensed, expect that the trial was expose even more of the dark and corrupt relationship between the bank and senior government leaders.

____________________________________________________________________________
*A motion, heard outside the hearing of the jury, to exclude the introduction of specific evidence at trial. Sometimes the grounds are that the evidence is prejudicial to one party, or that it could cause the jury to make up its mind about guilt or innocence.

SECOND SAUDI HACKER THAT STOLE DATA WANTED IN UNITED STATES