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Democrats Bend Over Backwards To Defend So-Called Civil Rights Group Accused Of Funneling Money To KKK

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A grand jury indicted the Southern Poverty Law Center (SPLC) for wire fraud, making false statements to a federally insured bank, and conspiracy to commit concealment money laundering Tuesday.

The SPLC’s “stated mission included the dismantling of white supremacy and confronting hate across the country. However, unbeknownst to donors, some of their donated money was being used to fund the leaders and organizers of racist groups, including the Ku Klux Klan, the Aryan Nation, and the National Alliance,” reads the indictment.

The indictment alleges that the SPLC paid informants (field sources) who “engaged in the active promotion of racist groups at the same time that the SPLC was denouncing the same groups on its website.” One such field source allegedly helped plan the 2017 Charlottesville rally.

Leftists have reacted to the indictment with various degrees of outrage.

House Minority Leader Hakeem Jeffries dismissed the “so-called indictment” against the SPLC as “baseless and illegitimate.”

(Read more from “Democrats Bend Over Backwards To Defend So-Called Civil Rights Group Accused Of Funneling Money To KKK” HERE)

Photo credit: Gage Skidmore via Flickr

The Iran, Hezbollah, Venezuela Axis to “Grow Exponentially” Under Chavez’s Successor

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Photo Credit: AP

Iran has illegally laundered billions of dollars through the Venezuelan financial sector and is currently stashing “hundreds of millions” of dollars in “virtually every Venezuelan bank today,” according to a former senior State Department official.

“It’s a huge blind spot in those trying to implement sanctions” on Iran, Roger Noriega, a former United States ambassador and assistant secretary of state for western hemisphere affairs, told the Washington Free Beacon.

Venezuela served as Iran’s closest Western ally under the late President Hugo Chavez, who allowed the rogue regime to establish a military and financial presence at the highest levels of the Venezuelan government.

Iran’s foothold in the country is expected to grow exponentially under the rule of Chavez’s likely successor, Vice President Nicolas Maduro.

Noriega and other experts warned House lawmakers at a Foreign Affairs Committee hearing on Wednesday that Iran’s terrorist proxy Hezbollah is gaining power in Venezuela.

Read more from this story HERE.

$1.92B Settlement for ‘Too Big to Fail’ Bank Busted for Laundering Terrorist and Drug Cartel Money

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HSBC Holdings Plc (HSBA), Europe’s largest bank, agreed to pay $1.92 billion to settle U.S. probes of money laundering in the largest such accord ever.

The settlement includes a deferred prosecution agreement with the U.S. Department of Justice, the London-based bank said today in a statement. HSBC expects to complete an undertaking with the U.K. Financial Services Authority soon, it said, without providing specifics.

Chief Executive Officer Stuart Gulliver’s attempts to reduce costs and improve profitability have been hurt by the U.S. probes and by compensation claims from U.K. clients. A Senate committee said in July that lax oversight by top HSBC executives gave terrorists and drug cartels access to the U.S. financial system.

“This has removed an uncertainty, though it doesn’t clear the path completely for HSBC,” Lewis Wan, Hong Kong-based chief investment officer at Pride Investments Group Ltd., said by telephone today, adding that his company doesn’t hold HSBC shares. “Regulators have been tightening oversight of banks. Lenders like HSBC will have to continue to strengthen their compliance.”

In a deferred prosecution agreement, the government allows a target to avoid charges by meeting certain conditions — including the payment of fines or penalties — and by committing to specific reforms, either under the guidance of a monitor, or the creation of an internal compliance panel.

Read more from this story HERE.

Russian Mafia Whistleblower Found Dead

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photo credit: sergio vassio

WEYBRIDGE/LONDON – A Russian businessman helping Swiss prosecutors to uncover a powerful fraud syndicate has died in unexplained circumstances near his mansion in Britain, in a twist to a Russian mafia scandal that has strained Moscow’s ties with the West.

Alexander Perepilichny, 44, sought refuge in Britain three years ago and had been helping a Swiss investigation into a Russian money-laundering scheme by providing evidence against corrupt officials, his colleagues and media reports said.

He has also provided evidence against those linked to the 2009 death of anti-corruption lawyer Sergei Magnitsky, a case that caused an international outcry and prompted the US to push for a bill cracking down on Russian corruption.

Perepilichny, a Russian citizen, collapsed and died not far from his home on an upmarket, heavily protected estate in the county of Surrey, south of London, on November 10.

He is now the fourth person linked to the Magnitsky case to have died in strange circumstances.

Read more from this story HERE.

Obama’s DOJ retaliates against high profile GOP donor Sheldon Adelson with money laundering investigation?

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The Justice Department is investigating whether Las Vegas Sands Corp., owned by high-profile Republican donor Sheldon Adelson, broke federal law by failing to report millions of dollars of potentially laundered money transferred to its casinos by two high-rolling Las Vegas gamblers, according to the Wall Street Journal.

The U.S. attorney’s office in Los Angeles is investigating deposits made in the mid-2000s by a Mexican pharmaceutical businessman, later indicted for drug trafficking in 2007, and a California executive with Fry’s Electronics, who later pleaded guilty to taking illegal kickbacks, the newspaper said, citing lawyers and federal officials working on the case.

The Journal said there were no indications that the investigation included actions by Adelson, Sands’ chief executive and a major political donor for the Republican Party. Adelson has pledged to spend as much as $100 million to help Republican candidates in this election cycle.

Federal investigators have begun focusing on casinos amid concerns that the industry’s lax financial systems could be used for money laundering and other illegal activities, according to Justice Department officials cited by the Journal.

Sands Corp. did not immediately return calls from the Associated Press on Sunday. A company spokesman, Ron Reese, told the Journal that the company believes “it has acted properly and has not committed any wrongdoing.”

Read more from this story HERE.