The act of funneling money from an illegal venture through legitimate businesses in order to obscure the original source of the money. Money laundering was made illegal in the United States in 1986. Classical money laundering involves three stages: placement, layering, and integration. Placement is getting cash into the system. This usually involves a friendly banker who doesn’t fill out reporting forms. Layering is a chain of transactions (these are often interbank transactions) at least one of which needs to be invisible in order to effectively break the monetary trail. Integration is getting the “clean” money back to the original owner. This may take many forms, including offshore “loans” which are never repaid. (Conservapedia)
Chronological History of Events Related to Money Laundering
US ‘Fails to Account’ for 96% of Iraq Reconstruction Billions
A US federal watchdog has criticized the US military for failing to account properly for billions of dollars it received to help rebuild Iraq. The Special Inspector General for Iraq Reconstruction says the US Department of Defense is unable to account properly for 96% of the money. Out of just over $9bn, $8.7bn is unaccounted for, the inspector says. Much of the money came from the ...
Hillary Clinton presented an Ethics Statement to the U.S. Senate Promising not to involve The Clinton Foundation in any way in the business of the U.S. State Dept.”
Secretary of State-designate Hillary Clinton on January 5, 2009, in a letter to State Department Designated Agency Ethics Official James H. Thessin: “For the duration of my appointment as Secretary if I am confirmed, I will not participate personally and substantially in any particular matter involving specific parties in which The William J. Clinton Foundation (or the Clinton Global Initiative) is a party or represents a ...
Donald Rumsfeld announces Pentagon Missing $2.3 Trillion
On September 10, 2001, Secretary of Defense Donald Rumsfeld held a press conference to disclose that over $2,000,000,000,000 in Pentagon funds could not be accounted for. Rumsfeld stated: “According to some estimates we cannot track $2.3 trillion in transactions.” According to a report by the Inspector General, the Pentagon cannot account for 25 percent of what it spends. Such a disclosure normally might have sparked a ...
Dr. Steven Greer Interviews William Pawelec, a Microchip Implantation Pioneer, Prior to the 2001 National Press Club Disclosure Event
William (Bill) Pawelec had a long career working on top secret security projects around the world. In 2000, he shared some of those secrets in a video interview for Dr. Steven Greer’s “Disclosure Project.” There was one stipulation; the video could not be released until after Pawelec’s death. Though Pawelec died in 2007, it was three years before his wife, Annie DeRiso, found a letter among ...
Pardongate: Bill Clinton, on his Final Day in Office, Pardons 450 Criminals, Including FBI ’10 Most Wanted’ Billionaire Mark Rich who Bought his Freedom
While most presidents grant pardons throughout their terms, Clinton chose to make nearly a third of them on January 20, 2001, his last day in office. This came to be known as Pardongate. While Clinton pardoned a large number (450) of people compared with his immediate predecessor Republican George H. W. Bush, who pardoned only 75, the number of people pardoned by Clinton was comparable to ...
e-gold.com Launches, with the Online Currency e-gold – “a Private, International Currency that would Circulate Independent of Government Controls
As an amateur scholar of economic history, Douglas Jackson had formed the opinion that a currency backed by gold bullion was superior to the fiat money favored by most countries. In 1996 that notion prompted the one-time oncologist to launch e-gold, an innovation that Wired described in 2009 as “a private, international currency that would circulate independent of government controls.” And, despite a series of setbacks, ...
69-Yr. Old Florence Martin, a CIA sub-contracted Accountant with Info on Barry Seal’s Off-Shore Bank Account, Shot in the Head Three Times
Related to the Barry Seal case. Florence Martin was an accountant subcontracting to the CIA was killed by three gunshot wounds to the head. At the time of her death she had the account numbers and PIN for a bank account in the Cayman's in the name of Barry Seal which held 1.4 million dollars. Immediately following her death, the money was moved to someplace in ...
Operation Eagle II: FBI Memo Details the Criminal Enterprise from the 60’s
In July of 1989, the FBI authored a memo describing a CIA program code-named “Eagle II.” This memo gives a detailed timeline, beginning in the 1960’s, of the covert operations that the CIA would use to avoid oversight and establish a shadow government above the American Congress. Drug dealing, gun smuggling, targeted killings, government coups, and financial fraud in hundreds of billions of dollars, all committed ...
In the Iran-Contra Hearings Closing Statement, Senator Inouye Testifies of a “Shadowy Government with its own AF, its own Navy… Free from the Law Itself.”
Hawaiian born Japanese-American Senator Daniel K. Inouye in 1987 Chaired the Senate Select Committee on Secret Military Assistance to Iran and the Nicaraguan Opposition, which held public hearings on the Iran-Contra affair. Senator Inouye, summarizes here the coverup of the US Shadowy Government involvement; by saying: "There exists a shadowy Government with its own Air Force, its own Navy, its own fundraising mechanism, and the ability ...
