Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Stanford laundered money from wealthy Latin Americans to fund anti-leftist rebellions
#1
One headline we will never read " Wealthy Latin Americans to fund leftist rebellions" :dontknow:

Stanford laundered and siphoned money from wealthy Latin Americans to fund anti-leftist rebellions
By Wayne Madsen
Online Journal Contributing Writer


Apr 7, 2009, 00:23


(WMR) -- An informed source close to the investigation of Sir Allen Stanford’s failed Stanford Financial Group and Stanford International Bank has told WMR that there is another link between Stanford’s activities and those of jailed Ponzi scammer Bernard Madoff. While Madoff defrauded a number of wealthy American Jewish investors, Stanford, according to our source, was doing the same with the investments of a number of Latin American Jews, especially those from Mexico and Venezuela.
In some cases, however, Stanford, with the knowledge of the Jewish investors, was laundering and forwarding their money to groups planning the overthrow of elected progressive leaders such as Hugo Chavez in Venezuela, Evo Morales in Bolivia, Rafael Correa in Ecuador, Cristina Fernandez de Kirchner in Argentina, and Daniel Ortega in Nicaragua. The leaders allegedly threatened the investments of Stanford’s Jewish clients in each of the nations targeted for coups.
In 2007, Venezuelan police raided the La Hebraica Jewish Community Center in Caracas and searched for weapons and explosives. Earlier, in November 2004, the center was raided by police for clues in the car bombing assassination on November 18 of government prosecutor Danilo Anderson. Police suspected that Anderson’s killers may have had help from “foreign groups.”
However, not all Venezuelan Jews are opposed to Chavez. When the Simon Wiesenthal Center attacked Chavez in 2006, Fred Pressner, president of the Confederation of Jewish Associations of Venezuela (CAIV), criticized the center for misinterpreting Chavez’s remarks and not consulting with CAIV before launching their tirade against Chavez.
In 2006, Chavez was challenged for the presidency by newspaper editor Teodoro Petkoff Malec, a one-time Communist guerrilla who abandoned communism to espouse neoconservative economic doctrines. Petkoff’s maternal heritage is Polish Jewish. Petkoff supported the U.S.-backed secessionist policies of oil-rich Zulia state governor Manuel Rosales, an opponent of Chavez. The Venezuelan Confederation of Israeli Associations has been a vocal opponent of Chavez.
In Bolivia, a strong opponent of Morales is Francisco Hubsch, the president of Bolivia’s Jewish community in the secessionist Santa Cruz region and Israel’s honorary consul in the city of Santa Cruz.
“Stanford handled the money from wealthy Latin American Jews in much the same way that Madoff handled the money of his Jewish clients in the United States,” said the source.
Another source likened the U.S. government’s investigation of Stanford to nude sun bathing. “When the tide went out on Madoff, Stanford was also left exposed and naked,” the source stated.
Perhaps fearing revelations coming from an indictment of Stanford, federal investigators have only thus far sued Allen Stanford for Securities and Exchange Commission (SEC) violations. Stanford Financial Group Chief Investment Officer Laura Pendergest-Holt was indicted in February, while Chief Financial Officer James Davis is reportedly cooperating with the FBI and SEC in their investigations.
WMR has also learned of a financial relationship between Stanford’s operations in Antigua and principal players in the Russian-Israeli Mafia, which has long used the Caribbean island as a base for its money laundering operations.
WMR previously reported on Stanford’s operations in Venezuela, Panama, Ecuador, Peru, and Mexico being used to launder drug money for the CIA.
Last November, Venezuelan intelligence agents raided Stanford’s offices in Caracas and later charged that four of the firm’s employees in the Caracas office were U.S. intelligence agents. The Venezuelan agents also confiscated a number of files at the office.
Previously published in the Wayne Madsen Report.
Copyright © 2008 WayneMadenReport.com
"The philosophers have only interpreted the world, in various ways. The point, however, is to change it." Karl Marx

"He would, wouldn't he?" Mandy Rice-Davies. When asked in court whether she knew that Lord Astor had denied having sex with her.

“I think it would be a good idea” Ghandi, when asked about Western Civilisation.
Reply


Possibly Related Threads…
Thread Author Replies Views Last Post
  Florida banking agency helped Stanford set up unregulated office to sell his phony CDs Magda Hassan 3 9,117 21-03-2019, 08:47 AM
Last Post: Marius Titulescu
  Money Debt: The Secret of Oz by Bill Still David Guyatt 1 17,344 05-03-2017, 09:32 AM
Last Post: David Guyatt
  Iceland looks at removing commercial bank money making Magda Hassan 2 6,933 16-04-2015, 06:26 PM
Last Post: R.K. Locke
  Where all the money goes... David Guyatt 1 5,328 10-03-2015, 10:37 AM
Last Post: Magda Hassan
  Myth Busters: Howe the Money Game Really Works David Guyatt 0 3,590 03-03-2015, 12:03 PM
Last Post: David Guyatt
  Hedge Fund Founder shot dead David Guyatt 1 3,218 05-01-2015, 05:51 PM
Last Post: Peter Lemkin
  German Monastery in Money Laundering allegations David Guyatt 1 3,078 04-11-2014, 11:59 AM
Last Post: Magda Hassan
  The Great British money laundry! David Guyatt 0 2,931 16-10-2014, 07:54 AM
Last Post: David Guyatt
  If your (grand)parents owe(d) money to Uncle Sam...YOU will NOW pay! Peter Lemkin 2 2,559 14-04-2014, 04:09 AM
Last Post: Peter Lemkin
  Bank won't hand over your money without explanation of why you want it.. David Guyatt 11 5,568 27-01-2014, 04:14 AM
Last Post: Peter Lemkin

Forum Jump:


Users browsing this thread: 1 Guest(s)