by Jerome R. Corsi
NEW YORK – A review of HSBC corporate accounts demonstrating a suspicious pattern of deposits and withdrawals illustrates how credit card transactions can be used in money laundering activity, according to a whistleblower who has provided WND with more than 1,000 pages of evidence against the global bank.
The evidence includes customer account ledgers for dozens of companies through which the financial institution was laundering money each month, charges John Cruz, a former relationship manager for the bank’s southern New York region.
“Studying the pattern of deposit and withdrawal activity in the suspect corporate accounts provides abundant evidence that bank employees at HSBC were directly involved manipulating fictitious corporate accounts in a money laundering scheme that extended to the highest levels of bank management and bank security,” Cruz said.
Read more: http://www.wnd.com/2012/02/whistleblower-explains-abcs-of-money-laundering/
NEW YORK – A review of HSBC corporate accounts demonstrating a suspicious pattern of deposits and withdrawals illustrates how credit card transactions can be used in money laundering activity, according to a whistleblower who has provided WND with more than 1,000 pages of evidence against the global bank.
The evidence includes customer account ledgers for dozens of companies through which the financial institution was laundering money each month, charges John Cruz, a former relationship manager for the bank’s southern New York region.
“Studying the pattern of deposit and withdrawal activity in the suspect corporate accounts provides abundant evidence that bank employees at HSBC were directly involved manipulating fictitious corporate accounts in a money laundering scheme that extended to the highest levels of bank management and bank security,” Cruz said.
Read more: http://www.wnd.com/2012/02/whistleblower-explains-abcs-of-money-laundering/
No comments:
Post a Comment