U.S. officials and bribed banksters illegally profiting from trillions owed
Ambassador Leo Wanta and the American people.
18 Aug 2006 By Greg Szymanski http://www.articbeacon.com
Since November 2005 a massive fraud, estimated at $25
trillion, has been funneled to India by corrupt American officials in
one of the largest fund-washing and money-laundering schemes ever
devised in the history of the world, according to Ambassador Leo Wanta,
and as reported Thursday by London financial writer, Christopher Story.
The massive money laundering scheme has come to light as a result of the
brash and arrogant actions of President Bush and the Federal Reserve
Board, who have been unscrupulously blocking a $4.5 trillion settlement
due Ambassador Wanta and earmarked for the American people and the
betterment of the economy.
The settlement is a portion of the $27.5
trillion offshore fund established at the end of the Cold War, which is
now under the legal control of Ambassador Wanta, as duly appointed
trustor under direction of former President Ronald Reagan.
It was
always the intention of President Reagan and Ambassador Wanta to use the
money for the benefit of the American people, but after Reagan left the
political spotlight, Wanta was indiscriminately and illegally jailed by
operatives working for the last three presidential administrations, who
have instead pilfered trillions for their own agenda and personal gain.
Regarding the $25 trillion diverted to India in matters related to the
Wanta settlement, Story added: "In a massive, officially sanctioned,
illegal money-laundering carousel that has been ongoing with the full
knowledge and participation of the corrupt US Federal Reserve ever since
November 2005, an estimated $25 trillion of related funds has meanwhile
been diverted to INDIA by the American authorities and others, in order
to remove the funds from the immediate spotlight being shone into the
eyes of the criminal gangs operating at the very heart of the US
Government and its structures," said Story in his Thursday report at
www.worldreports.org .
"Specifically,
the proceeds of these fund-washing operations are placed back onto the
books from which funds were diverted, with the self-enrichment profits
being transferred to India in the form of bonds. The key perpetrators of
these continuing frauds include the President and Vice President of the
United States, George W. Bush Jr. and Richard Cheney, the Chairman of
the Federal Reserve Board, Dr Ben Bernanke, the Secretary of Defense,
Mr. Donald Rumsfeld, and also two successive Secretaries of the Treasury
(John Snow and Henry M. Paulson).
"Without going into excessive
detail, the illegal operations have the effect of laundering US dollars,
including American taxpayers' funds of course, off the books, in
collaboration with corrupt foreign officials and elected leaders ? with
the crooked, illegal proceeds being placed back onto the books where
'holes' created by previous organised financial scams need most urgently
to be plugged.
"These ongoing frauds, sanctioned at the highest
levels, enable past giga-financial scams to be covered up while holders
of high office participate in successive fraudulent transactions off the
books with corrupt foreign counterparties ? lodging their illegal
untaxed profits offshore. The attitude of the criminals involved is that
the purpose of holding high office is self-enrichment, rather than
serving the US nation and the abused American people."
Story's
detailed financial update on the much talked about Wanta settlement, as
approved by Ambassador Wanta due to the financial sensitivity of the
story, has tracked the exact location of the $4.5 trillion illegally
being held up by high-level U.S. officials as of August 14 in a
non-depletion, non-callable Secured U.S. Treasury Securities Account at
Goldman Sachs and Co.
Further, it was reported that the chairman of
Bank of America, where the funds were originally tagged and stored,
"became so alarmed at this stark reality that he demanded that the
Treasury take the $4.5 trillion belonging to Ambassador Wanta off his
books, so that he and his institution would no longer appear to be
implicated in the fraud."
For a more in depth look at the financial
intrigue, the violations of law committed by the perpetrators and the
international implications and foreign governments involved, Story's
entire article has been reprinted below but can also be referenced at
www.worldreports.org .
? U.S.
OFFICIALS AND CRIMINALISED BANKS ENGAGED IN A FRAUDULENT 'FREE-FOR-ALL'
? INSTITUTIONS IN BREACH OF BASIC FIDUCIARY DUTIES TOWARDS AMBASSADOR
LEO WANTA ? INTERNATIONAL FINANCIAL SYSTEM IN JEOPARDY AS FOREIGN
POWERS DEMAND PAYMENT ? INTERNATIONAL CURRENCY REVIEW CALLS CERTAIN
BANKS AS CRIMINAL ORGANISATIONS ? 'GOLD BADGES' ACTIVATED AS THE
FINANCIAL CROOKS BRAZENLY FLOUT U.S. STATUTES ? SECURITIES AND
BANKING REGULATIONS TREATED WITH CONTEMPT BY THESE CRIMINALS ? U.S.
TREASURY ORDERED TO TRANSFER $4.5 TRILLION TO WANTA'S CORPORATION
The $4.5 trillion belonging to, tagged and earmarked for Ambassador Leo
E. Wanta as his agreed Settlement formally approved by the US Supreme
Court, the White House, the Federal Reserve, the US Treasury and senior
legislators, as previously reported, is now authoritatively understood
to be deposited in a non-depletion, non-callable Secured US Treasury
Securities Account with a major Wall Street institution.
For the
past several months, the $4.5 trillion have been FRAUDULENTLY AND
ILLEGALLY TRADED by US domestic and international banks ? exploiting
the funds available in the form of a Clearing House Interbank Payment
System (CHIPS) credit at a US domestic bank ? and by the US Federal
Reserve and the US Department of Defense, without the permission of the
owner and principal, Ambassador Leo Wanta. All the parties concerned are
engaged in organised criminal operations.
The $4.5 trillion have
been traded with financial sector counterparties that have themselves
been trading the funds illegally, in dereliction of their duty to
perform Due Diligence in accordance with banking and securities industry
regulations. Any such Due Diligence would have revealed that the funds
are not the property of the institutions placing them for overnight
gains, and are therefore being traded fraudulently ? and that the
originating institutions are in breach of their fiduciary duty towards
Ambassador Leo Wanta. It follows that all the financial institutions
concerned, including the domestic and foreign counterparty institutions,
are criminal organisations.
IF THIS SCANDAL CONTINUES, EVERY ONE OF
THESE INSTITUTIONS WILL BE EXPOSED. The reason this has not happened
yet is that the Editor of International Currency Review does not wish to
be the person who actually triggers the collapse of the international
financial system, which is built upon reputational considerations and
confidence. But it can hardly continue to function well if the criminal
gangs, which control the US and other leading governments, retain the
upper hand.
100% of the accruals derived from these illegal trades
are the property of Ambassador Leo Wanta, upon which tax is payable.
However the deviant financial organisations and officials engaged in
this organised criminal activity are stashing the resulting accruals
offshore, deploying them to 'fill holes' in accounts, or to rectify
gross miscalculations such as the monumental 'unanticipated' costs of
financing the Iraqi and Aghanistan conflicts.
And all of a sudden,
the head of the Congressional Budget Office (CBO), Donald Marion, has
today announced that the projected 'visible' Federal Budget deficit will
emerge at $260 billion, some $400 billion lower than previously
estimated.
This neatly covers up the grotesque consequences of the US
budgetary profligacy of recent years. According to Mr Marion, the main
reason for this suddenly favourable Federal Budget development is that
wealthy individuals and corporations ? for example, AmeriTrust Groupe,
Inc., which is to pay over tax at 35% of full value ? will be paying
'more tax than expected'; but the real reason is that the official
parties will have diverted funds from off-balance sheet sources,
including the assets belonging to Ambassador Leo Wanda, to 'cook the
books'.
GLOBAL FINANCIAL SCAMS BRAZENLY PERPETRATED BY THE HIGHEST
U.S. OFFICIALS More- http://www.arcticbeacon.com/18-Aug-2006.html
|