You are viewing an obsolete version of the DU website which is no longer supported by the Administrators. Visit The New DU.
Democratic Underground Latest Greatest Lobby Journals Search Options Help Login

Reply #61: That was really deep too... [View All]

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
Home » Discuss » Latest Breaking News Donate to DU
deconstruct911 Donating Member (809 posts) Send PM | Profile | Ignore Sun Dec-04-11 05:22 PM
Response to Reply #39
61. That was really deep too...
Edited on Sun Dec-04-11 05:35 PM by deconstruct911
Operation Casablanca...

"What Banks and Bankers Were Busted in Operation Casablanca?
From the June/July 1998 issue of Money Laundering Alert
Bank/ Bank funds sought to be forfeited"

Banamex**/. $3,318,868.43
Banca Serfin*/ 9,582,523.14
Banco Confia*/ 12,187,224.13
Banco Industrial de Venezuela**/4. 4,007,891.28
Banco Santander**/897,797.00
Banoro**/ 1,101,761.00
Banorte**/ 7,323,103.51
Banpais**/ 2,682,004.19
Bilbao Vizcaya**/236,820.00
Bital**/ 3,901,798.96
CBI Casa de Bolsa**/1,000,000.00
Caribbean America Bank**/4,260,385.57

(CBS) A former U.S. Customs agent tells Ed Bradley that when he tried to determine the validity of evidence he says could implicate Mexico's secretary of defense in drug money laundering, his superiors stopped his investigation to avoid an international incident. The ex-agent, William Gately, appears in his first television interview on 60 Minutes on Sunday, April 16.

According to Gately, if the allegations could be proven, U.S. Customs may have been able to catch one of the really big fish in Mexico's drug trade. But it never followed up on a covert video showing a corrupt Mexican banker alleging that Mexico's secretary of defense wanted to launder $1 billion in drug money.

That chance came during "Operation Casablanca," U.S. law enforcement's largest investigation into drug money laundering, a sting executed without the knowledge of the Mexican government that eventually landed dozens of Mexican bankers in jail. (Just not the big fish I guess)

Citi was involved with Mexcian drug money before also.
Alleged money laundering

In November, 1995, Ral Salinas's wife, Paulina Castaon and his brother-in-law, Antonio Castaon were arrested in Geneva, Switzerland after attempting to withdraw $84 million USD from an account owned by Ral under an alias. Their capture led to the unveiling of a vast fortune spread around the world and summing to hundreds of millions of dollars, even though he never officially received an annual income of more than $190,000. A report by the U.S. General Accounting Office indicated that Raul Salinas transferred over $90 million out of Mexico and into private bank accounts in London and Switzerland, through a complex set of transactions between 1992 and 1994, all with the help of Citibank and its affiliates.<2>

The brother Carlos Salinas de Gortari was involved with NAFTA when he was president.
NAFTA=drug trade:
(skip to around 5 mins,and watch out for all the Brian Ross disinfo)

One of the longest serving directors was John Deutch which MCR exposed:

I think this old post by Debug explains why Citibank is such a big player.

I got a few hits on clearstream/citibank searches. Citibank apparently launders a lot through clearstream.

Printer Friendly | Permalink | Reply | Top

Home » Discuss » Latest Breaking News Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002
Software has been extensively modified by the DU administrators

Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC