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Saturday, September 17, 2016

HSBC case blows lid off Clintons’ offshore empire

Panama Papers suggest ties to massive money-laundering scheme

NEW YORK – The arrest of the head of global foreign exchange cash trading at HSBC bank may shed new light on suspicions the Clinton Foundation has been involved in illegal offshore money-laundering operations on a massive scale.

The investigation into HSBC currency trader Mark Johnson and associate Stuart Scott for their alleged role in a “conspiracy to rig currency benchmarks” by front-running customer orders has escalated to the point where the Department of Justice is threatening to tear up a 2012 agreement to fine HSBC a historic $1.9 billion for money-laundering violations in lieu of criminal prosecutions.

At issue is whether or not HSBC has honored the 2012 deferred-prosecution agreement in which the bank agreed to establish internal review procedures to catch and punish potentially criminal activities by employees.

2 comments:

Anonymous said...

I suggest everyone to read this article.. Basically the CLINTONS could buy and sell Trump. They are tied to 200000k different offshore entities. I bet they are worth 100 billion. Not bad for public office.

Concerned Retiree said...

Two more mysterious deaths/ disappearances by the "Clinton Mafia".