Money laundering

NarcoNews: Millions Missing From DEA Money-Laundering Operation

… But No One With the Power to Investigate Seems to Care
By Bill Conroy
At least $20 million went missing from money seizures by law enforcers, critical evidence was destroyed by a federal agency, a key informant was outed by a US prosecutor — contributing to her being kidnapped and nearly killed — and at the end of the day not a single narco-trafficker was prosecuted in this four-year-long DEA undercover operation gone awry.
Those revelations surfaced in a recently decided court case filed in the US Court of Federal Claims in Washington, DC.

The Fed Is The Great Deceiver

As impelled as the Fed is to protect the large banks that sit on the board of directors of the NY Fed, the Fed has to protect the dollar. That the Fed believed that it could not buy the bonds outright but needed to disguise its purchase by laundering it through Belgium suggests that the Fed is concerned that the world is losing confidence in the dollar.
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