Skip to comments.PayPal, American Express implicated in bank fraud
Posted on 02/08/2012 9:51:31 AM PST by Renfield
NEW YORK A former employee of one of the worlds largest international banks who has provided WND with more than 1,000 pages of evidence alleges the Internet giant PayPal and American Express are implicated in an international money-laundering scheme involving hundreds of billions of dollars.
The whistleblower, John Cruz, was a relationship manager in the southern New York region for the London-based global bank HSBC.
I found many accounts where PayPal and American Express were used as conduits through which hundreds of thousands of dollars were deposited or withdrawn from HSBC customer accounts in a pattern of suspicious transactions that should have been reported to legal authorities under various banking statutes, including the Patriot Act, Cruz told WND.
Neither PayPal nor American Express responded to WND email and telephone requests for comment.
As WND reported, Cruz has a raft of customer account records he claims are evidence of an international money-laundering scheme by HSBC, which reportedly is under investigation by a U.S. Senate committee...
(Excerpt) Read more at wnd.com ...
I take news from WND with a big old grain of salt.
But this is interesting should it be found to be true.
Saw this news posted yesterday but it’s news I won’t soon tire of hearing. Preypal should swing from a rope.
Did Corsi get to talk about this on “Coast to Coast”?
“Did Corsi get to talk about this on Coast to Coast?”
He sounded pretty convincing to me. Likewise, the charges sounded serious. Seemed a fact that someone from either the Federal Reserve or CIA was complicit in working behind the scenes with wire transfers and money laundering. I would definitely go to the movie.
Corsi mentioned this in his interview on Feb 6th...
Peter Boyles Show
Monday, February 06, 2012
February 6, 2012 6am
Dr. Jerome Corsi joins the show to discuss the ruling handed down by Judge Malihi which will allow Obama to appear on the Georgia ballot in November. Peter takes calls in the latter half of the hour.
Hundreds of billions? His life isn’t worth 2 cents......
Interesting. I was just reading this:
Not precisely on topic, but while reading this article on WND, I couldn’t miss a headline about Sheriff Arpaio proclaiming D-DAY on Zero’s eligibility to be POTUS, to which I say, “Horse hockey!”
If the good Sheriff actually HAS anything that he thinks he can make STICK, he would announce a one-hour deadline for a News Conference, and then lower the boom, show his cards, let it all hang out! Not crow about it for nearly a month first.
He would NOT release these teasers, taunting the Zero administration to do something about it, thereby increasing the likelihood that the filthy USDOJ will make some kind of move to prevent his March D-DAY Expose’; whereupon the good Sheriff can throw up his hands and say how unfortunate it is that he never got to show his evidence.
Nor would he risk some or all of his “evidence” being leaked to the mainslime press, for them to poo-poo and disdain in the meantime. If he really HAD something, he’d SHOW it! So at the risk of being redundant, I still say HORSE HOCKEY!
Indeed. Only WND would continually feature a quack like Dr Jerome Corsi. But that's why we call it World Nut Daily.
Indeed. Only WND would continually feature a quack like Dr Jerome Corsi. But that’s why we call it World Nut Daily.
He probably stumbled on the secret trading accounts of the FED.
At the bottom of the first hour Noory wanted to change from the announced subject, HSBC, to Iran and Syria.
I have heard other interviews with Corsi (via youtube audio) where he stated explicitly that he suspects HSBC was used to distribute the missing stimulus money to Obama people and allies.
To the best of my recollection Corsi did not say that on C2C. But he was allowed to mention PRESIDENT! Obama vis-a-vis wrongdoing.
I think Noory, the Bush and Cheney hater, has finally got over his Edenic adoration of Obama and now realizes that, as he sadly admits about Obama that when it come to wrongdoing, "everybody does it."
BTW, given how Noory and his space expert guy were absolutely ecstatic when Obama was elected president and finally there would be an intelligent president "who would lead us to where no man has gone before" (the space guy actually said that) I am absolutely ecstatic to hear those two have to announce Obama cutting one space program after another!
But they were right, he is leading us to where no man has gone before -- on this side of the Atlantic.