#has been charged as part of a money laundering scheme.

[nando161mando]

CFO for the Epoch Times, a far right conspiracy newspaper, has been charged as part of a money laundering scheme.

[beardedmrbean]

LOS ANGELES (AP) — A California woman was sentenced Monday to more than 3 years in prison in a long-running case over a business that helped pregnant Chinese women travel to the United States to deliver babies who automatically became American citizens.

U.S. District Judge R. Gary Klausner gave Phoebe Dong a 41-month sentence and ordered her immediately taken into custody from his federal court in Los Angeles. Dong and her husband were convicted in September of conspiracy and money laundering through their company, USA Happy Baby.

The sentencing came as birthright citizenship has been thrust into the spotlight in the United States with the return of President Donald Trump to the White House. Since taking office, Trump issued an executive order to narrow the definition of birthright citizenship, a move quickly blocked by a federal judge who called it “blatantly unconstitutional.”

Dong and her husband, Michael Liu, were among more than a dozen people charged in an Obama-era crackdown on so-called “birth tourism” schemes that helped Chinese women hide their pregnancies while traveling to the United States to give birth. Such businesses have long operated in various states catering to people from China, Russia, Nigeria and elsewhere.

Under the 14th Amendment, any child born in the United States is an American citizen. Many have seen these trips as a way to help their children secure a U.S. college education and a better future — especially since the tourists themselves can apply for permanent residency once the children turn 21.

During her sentencing hearing, Dong wiped away tears as she recalled growing up without siblings due to China’s strict “ one-child ” policy and told the court that the Chinese government forced her mother to have an abortion. Moving to the United States was challenging, she said, but Dong grew hopeful after having children of her own and saw she could help Chinese women who want to have additional children in California.

“I don’t want to lose my kids,” she told the court. “I hope you can give me fair judgment. I will take all my responsibility.”

Federal prosecutors sought a more than five year sentence for Dong and argued that she and Liu helped more than 100 pregnant Chinese women travel to the United States. They said the pair worked with others to coach women on how to trick customs officials by flying into airports believed to be more lax while wearing loose-fitting clothing to hide their pregnancies.

“For tens of thousands of dollars each, defendant helped her numerous customers deceive U.S. authorities and buy U.S. citizenship for their children,” prosecutors said in court filings. They declined to comment after the sentencing.

In December, Liu was also sentenced to 41 months in prison. Dong's lawyer, John McNicholas, asked that she be allowed to serve her term after Liu completes his sentence because of their three children. The youngest is 13.

Federal prosecutor Kevin Fu agreed to the delay but Klausner refused and had her taken into custody immediately. Dong removed a necklace and gave it to a family member before she was led away.

The USA Happy Baby case was part of a broader probe into businesses that helped Chinese women travel to give birth in California. The operator of another business is believed to have fled to China, McNicholas wrote in court filings, while another was sentenced in 2019 to 10 months in prison after pleading guilty to conspiracy and visa fraud for running the company known as “ You Win USA.”

McNicholas said he feels Dong was given a much longer sentence because the government and Klausner blame her for the babies that were born U.S. citizens. That, he said, is unrelated to the allegations that she and Liu helped women travel to the United States to give birth.

“Our position was these children are born in America. They’re citizens,” McNicholas said, adding that Dong will appeal. “Implicitly, he’s saying being born here is not enough.”

[posallys]

why'd you quit?

long version: i worked at a little family company, and my "manager" (self-proclaimed....literally just decided she was in charge????) aka the owner's wife has....issues. on top of just genuinely not being all there, she was drinking on the job (which...i worked on 100 ton boats on federal water...so if the coast guard stopped us for ANY reason, the captain of the vessel would lose their license for operating with incapacitated crew. which okay i don't care when it's your husband's license on the line. but you bitched and moaned because he was working 80 hours a week and so my boyfriend whose 22 got his license and took those hours so that his 78 year old boss wouldn't have to work that much. and you're drinking on HIS boats, putting his license on the line + not to mention other legal repercussions because lets say a little sail boat taps our bow. okay now the coast guard boards our vessel, dock the boat, makes all of the passengers get off, and drug/alcohol tests every single member of the crew before we're allowed to leave. especially on one of the busiest days on the harbor??? you're gonna do that over the 4th of july??? all of our new employees with no prior knowledge of her Habits have reported that they've seen her drinking on the job. meanwhile her husband is the owner and his sister is the president....so we literally cannot tell anyone because every time we try they just don't listen!!!! AND THEN this bitch has the audacity to scream at the employees like we're fucking dogs. I cannot tell you the amount of times she's made people cry at work. like MAAM you are not my mother do NOT talk to me like i'm your fucking child and even if you WERE my mother i don't even let her talk to me like that! fuck the entire way off!!!! not to mention the complete and utter lack of company loyalty....sorry girl i'm your ONLY bartender from september through april, and she's giving me the shittest shifts. and i went from 70 hour weeks last summer to getting barely 20 this summer. i do all three positions that aren't managment at this fucking company and i've been there for two years and no raise, despite me asking multiple times. AND SHE HAD ME TRAINING PEOPLE THAT ACTIVELY MADE MORE THAN I DID UPON HIRING??? and when it was brought up that i wanted more hours i'm told "you're a part-time employee, you're getting part-time hours" oh sorry, that's not what you were saying when I was working 50 hours a week DURING FINALS because you didn't have anyone else and when you call me and ask me to come in to cover for people 30 minutes before the boat is scheduled to leave and i do it, even when i haven't had a day off in weeks. ALSO not to mention the labor laws they broke??? no overtime, because they claim "jones act" which, newsflash, doesn't fucking cover what they say it covers because as someone who had 50% of their hours in the office, I most definitely am not considered a maritime worker. also no time and a half of sundays or on holidays. also state law says you get an hour of sick time for every 30 hours you work and they refuse to pay us sick time because we're "seasonal employees" (read the part-time statement a few lines up.....fucking pick one, are we seasonal or part time) BUT THE STATE SAYS YOU HAVE TO ANYWAY??????? anyway good fucking riddance. but it's a shame actually because i enjoyed bartending and i loved the people i worked with (other than, you know....) but i simply could not stay and maintain my sanity any longer.

TLDR: manager fucking insane. company probably a money laundering scheme. sick of getting talked to like a fucking 3 year old. <3

[dailyanarchistposts]

Section I: Poverty and Waste (Modern)

Every efficient and wise government has at last the support of public opinion, whenever it opposes class egoism and class abuses. -- Gustav Schmoller [805]

Bristol-Myers Squibb engaged in anticompetitive acts to prevent generic pharmaceutical competition. [806] Fruit of the Loom has been moving its U.S. plants to cheaper areas, where sweatshop conditions flourish. [807] Eastman Chemical, General Electric Company, and Mitsubishi were named as three of the top 100 Corporate Criminals of the 1990’s for antitrust crimes, some of them being fined up to $26 million for their activities in destroying other businesses. [808] In 1997, General Electric Company, Johnson & Johnson, Kimberly-Clark Corp., Pfizer, and Whirlpool broke 89% of their promise to create jobs with the passage of NAFTA. [809] Mitsubishi was found guilty of an international price-fixing scheme, by increase the price of electrodes by more than 60 percent, from 1992 to 1997. [810] Eastman Chemical was found guilty of fixing the prices of a food additive between 1995 and June of 1997. [811] 3Com hid $160 million loss at its U.S. Robotics subsidiary from its investors in April to November of 1997. [812] In 1998, Fort James, Kimberly-Clark Corp, and four others conspired to fix prices on commercial paper between 1993 and 1998. [813] Comcast has systematically engaged in price discriminating, charging satellite services more for sports programs than cable companies do, trying to eliminate competing business. [814] In April of 1998, a class action suit against Knight-Rider claimed a price-fixing scheme. [815] In December of 1998, CVS has used unfair reimbursement policies against independent stores. [816] In 1999, the Government Accounting Office investigated companies for fraud and accounting irregularities. Over 900 companies were found guilty of irregular accounting, and had to restate earnings, including Aetna, BellSouth, Boise Cascade, Boston Scientific, Campbell South, Clorox, ConAgra, CVS, Dillard’s, JCPenny, Gateway, Inc., Kimberly-Clark Corp., Kmart, Kroger, Lands’ End, Limited Brands Inc., Lucent Technologies, McDonald’s, Monsanto, Pennzoil-Quaker State Company, Rite Aid, SBC Communications, Sony Corp., Texas Instruments, Tyson Fresh Meats (formerly IBP Fresh Meats Inc.), Unocal, and Warnaco. [817]

In 1999, a former CEO of Doman Industries was found guilty of insider trading. [818] Over 500 Jamaican workers were laid off by Fruit of the Loom in search of cheaper labor. [819] General Electric would transfer 1,400 jobs from the United States to Mexico, paying Mexican laborers $2 per hour, as opposed to the unionized rate of $24 per hour. [820] In January of 1999, Hasbro closed down its factory in Fairfax, Vermont, to move to China. [821] In May of 1999, Toys ‘R’ Us, with Hasbro, Mattel, and Little Tikes conspired to restrict the sale of certain toys. [822] In November of 1999, Hollywood Media Corp. conspired with Blockbuster Video to restrict independents’ access to videos. [823] In December of 1999, AutoNation closed 23 of its superstores, laying off 1,800 workers, with profits as high as $490 million. [824] Citigroup allowed laundering of over $800 million in Russian mob money through its banks in 2000. [825] Jefferson Smurfit Group closed part of its plant in Des Moines, laying off 190 union members. [826] In January of 2000, Danone’s offices in Europe were raided in an investigation of a price-fixing cartel in French beer market. [827] Jones Apparel settled a price-fixing lawsuit by agreeing to pay $34 million. [828] Time Warner Inc. was involved in price-fixing scheme with other large labels by increasing the price of music CDs from $10 to $15. [829] In early 2001, Hewlett-Packard announced it would cut 2% of its workforce world wide, about 1,800 employees. [830] In 2001, Tyco International executives were using company money for illegal and unauthorized payments, causing a financial nosedive, with 18,400 Tyco workers losing employment. [831]

In early 2001, Viacom forced independent video store operators out of business, 150 of them uniting in a class-action suit. [832] In January of 2001, DaimlerChrysler announced a three year plan where it will lay off 20% of its North American workforce, a loss of 26,000 jobs. [833] In February of 2001, Bausch & Lomb settled a lawsuit for $17.5 million where it conspired with American Optometric Association to force customers into buying replacement contact lenses through optometrists. [834] In March of 2001, New York Appeals Court upheld a lower court’s decision against Prudential Financial, for breach of contract, fraud, and deceit and improper interference with existing contractual relations. [835] In April of 2001, Amazon.com patented parts of its e-commerce operation, including the site’s “one-click purchase” ‘technology,’ — the most simple, important, and obvious idea for e-commerce. [836] In April of 2001, Bristol-Myers Squibb tried to stop other companies from selling low-cost generic versions of its drugs. [837] In May of 2001, Johns & Johnson paid $60 to settle an antitrust case, in which it conspired with other companies to refuse to sell contact lenses through alternative channels, which offer lower prices. [838] In May of 2001, PG&E Corp. gouged consumers in the Boston Area by increasing electricity prices during power shortages. [839] In June of 2001, Schering-Plough, Wyeth Corporation, and one other corporation conspired to keep cheap generic drugs off the market. [840] Time Warner Inc. refuses to broadcast ads on its television channels to its digital subscriber line, engaging in anti-competitive activity. [841] In July of 2001, St. Laurent Paperboard Inc. purchased Smurfit-Stone Container Company, closing five of its paper mills. [842] In August of 2001, CVS submitted false prescription claims to government health insurance programs. [843] Sony Corp. has pressured retailers to sell video games at fixed prices. [844] Wal-Mart was selling some items below cost to drive out competitors in Wisconsin. [845]

In October of 2001, Barnes & Noble and Borders secured cheaper prices and preferential treatment from publishers, an antitrust activity. [846] DaimlerChrysler was fined $65.5 million for violating competition rules by restricting sales of its Mercedes cars in Europe. [847] Wyeth Corporation maintained a monopoly by requiring health plans and pharmacy benefit managers to sign exclusive contracts. for its pharmaceutical drugs. [848] In December of 2001, Ernor laid off 25% of its staff, about 5,100 people. [849] In 2002, Hasbro was fined $7.9 million for price fixing on toys and games. [850] Kmart was named as having one of the worst corporate boards by 2002 BusinessWeek, for multiple investigations into its accounting irregularities and irregular pay practices. [851] Four ex-Rite Aid executives were indicted for inflating the company’s profits while understating losses, causing stock to soar. [852] Schering-Plough was under investigation for price fixing and criminal investigation because its ingredients were not FDA-approved. [853] In March of 2002, Disney destroyed massive amounts of documents, hundreds of boxes, that would have revealed Disney’s practices of withholding royalties from innovators. [854] In April of 2002, Du Pont cut over 2,000 jobs, mostly in the US. [855] Levi Strauss announced its intention to close six U.S. manufacturing plants, affecting 3,300 workers. [856] Monsanto said it was closing one of its plants and cutting five percent of its workforce. [857] In 2002 of May, America Online cut off access to other internet service providers from its own customers. [858]

In June of 2002, WorldCom was found to being covering up $1.22 billion in loses through improper accounting. [859] Xerox restated five years of results when it was found to be inflating results and defrauding investors. [860] In July of 2002, Viacom used improper accounting to boost income by $118 million. [861] In August of 2002, Michael Kopper of Enron was found to be withholding $12 million that was obtained through fraudulent Enron transactions. With others, it totaled $23 million. Thirty other companies had to forfeit money to investors and employees. [862] In September of 2002, Du Pont paid $44.5 million to settle allegations that it blocked competing drug manufacturers. [863] Tyco International issued a report with the Securities and Exchange Commission, detailing “illegal activity by former management that included nearly $100 million in unauthorized payments to dozens of Tyco employees at various levels.” [864] In October of 2002, Gap was awarded the title of having one of the worst corporate boards, cited for inside deals and other failures. [865] Qwest Communications would take a write-down of $40.8 billion, due to irregular accounting. [866] Time Warner was one of five record companies to pay $67.3 million for price-fixing. [867] In November of 2002, Gateway was investigated and found to using insider trading and wasteful spending on executive severance pay. [868] In June of 2000, a judge found Microsoft Corporation guilty of illegal business practices that push out competition and harm consumers. AOL Time Warner sued Microsoft Corporation for anti-competitive actions. Microsoft influenced international government officials from using open-source software, including Peru and India. In March of 2002, Sun Microsystems filed a private antitrust suit against Microsoft. In May of 2003, Microsoft paid $750 million in an antitrust case. In July of 2003, a judge approved of a $1.1 billion settlement between Microsoft and California consumers. Microsoft paid $23.5 million to the defunct software company Be Inc. in an antitrust case. Microsoft was sued in October of 2003 for predatory practices to protect its monopoly. In December of 2003, European Union held hearings in its antitrust proceedings against Microsoft. Seattle-based company RealNetworks filed a $1 billion antitrust suit against Microsoft in December of 2003. [869]

In 2000 and 2001, Qwest inflated the company’s revenues by $144 million. [870] In March of 2003, a jury found 3M guilty of using monopoly powers over big retails to destroy competition. [871] In March of 2003, Bristol-Myers announced the restatement of its previously issued financial statements between 1997 and 2001, and part of 2002, reducing their earnings by almost half. [872] In March of 20034, Halliburton was given a contract to Iraq without a bidding process. [873] In March of 2003, Lucent settled lawsuits by its shareholders for about $600 million, for misleading investors. The Export-Import Bank of the US is providing funding to Lucent Technologies for outsourcing to China, Mexico, and Vietnam. Lucent was also cited for overpaying its board. [874] In March of 2003, PepsiCo was found using unfair trading practices against competitors. [875] In April of 2003, Time Warner Inc. was sued for using “tricks, contrivances and bogus transactions” to inflate its stock and help top executives gain almost $1 billion in inside trading. [876] In May of 2003, the Securities and Exchange Commission filed charges against Enron with violating antifraud provisions and reaping more than $150 million in unlawful profits. [877] In June of 2003, two former vice presidents of Kmart were charged with securities fraud, making false statements to the SEC, and conspiracy to commit those offenses. [878] In July of 2003, the SEC announced that Citigroup and J.P. Morgan agreed to pay $236 million to settle charges that they helped Enron manipulate books to appear financially healthy. [879] In July of 2003, Kodak announced plans to cut between 4,500 and 6,000 jobs. [880]

In August of 2003, Bank of America and nine other US banks moved more than $17 billion into investment funds to shelter hundreds of millions of dollars from taxes. [881] In August of 2003, AOL Time Warner executives were found to use accounting irregularities, by overstating their revenue by at least $1.7 billion. [882] In September of 2003, Coca-Cola sought dismal of a $44.4 million lawsuit, filed by a former finance director who was fired for revealing alleged fraud and other wrongdoing in the company. Coca-Cola also made a decision to cut 1,000 jobs in North America. [883] In September of 2003, Enron’s former treasurer pleaded guilty to a federal conspiracy charge, becoming the first executive sentence to prison. [884] Levi Strauss & Co. announced that it would close its North American manufacturing plants, laying off almost 2,000 workers. [885] Coca-Cola violated a contract with Iranian soft drinks counterpart, and was levied $7.15 million against the company. [886] In October of 2003, a former manager for Tricon’s business analyst was indicted for insider trader. [887] In December of 2003, Hasbro announced plans to close a chain of stores. [888] In January of 2003, a former finance executive of Computer Associates admitted to lying to federal prosecutors, FBI agents, and members of the SEC during an investigation. He was aware of accounting irregularities. [889] An Enron former top accountant surrendered to FBI to face six federal fraud charges related to the company’s collapse. [890] Another employee of Enron, former Chief Financial Officer, pleaded guilty to two counts of fraud, that caused the company to collapse. [891] Disney is one of several media companies outsourcing jobs in information technologies and back-office operations to India. [892] In April of 2004, Gateway announced closing 188 retail stores and laying off 2,500 workers. [893]

[flawedamythyst]

Today's Plotbunny: Farming AU

So, Stede inherits a massive factory-type chicken farm from his dad. Huge and industrial and with just absolutely terrible animal welfare policies, bordering on illegal.

Before Bonnet Senior is even in the ground, Stede is making changes, firing all the old staff and bringing in a gang of oddballs (inc. Buttons the Chicken Whisperer and Lucius the PA Who Is Not Paid Enough To Deal With Chicken Shit Thank You Very Much), halving the number of chickens they keep so they all have space to run around, looking up how to get organic certification, all that. All the local farmers think he's insane and that he's destroying his profit margin one hare-brained scheme at a time.

All the local farmers, except one.

Ed inherited a pig farm from Hornigold along with the rest of his vast criminal empire. The pig farm is a minor part of it all, mostly ignored and not particularly profitable. It serves two real purposes: a) money-laundering and b) disposing of corpses. Because you know...pigs and dead bodies and yeah.

Anyway, that was ten years ago. Ed has been out to the farm maybe twice since then because he's mostly focused on the actual organised crime stuff in the Big City. It's been a long decade though, and he's tired and bored and needs some R&R, so he comes up for a couple of days on a whim.

He meets Stede. Sparks fly. Hearteyes descend. Stede shows Ed what he's doing with his farm and Ed is fascinated, even as he realises just how little he knows about farming. And Stede makes it sound so fascinating! Fang has been managing the pig farm so Ed starts chatting to him, talking about possible changes and getting excited about it in a way he hasn't been for years about any of the Actual Crime.

Ed reluctantly goes back to the Big City after a long weekend that turned into a full week, but he can't stop thinking about Stede. He starts heading out to the farm more and more often to hang out with him, leaving Izzy in charge of the Crime in the Big City. He and Fang make small changes and then, inspired by Stede, bigger ones. Ed gets rid of some of the pigs, who he's never really liked as animals (especially not after watching them chew through numerous mobster henchmen) and replaces them with goats, who he always thought looked fun. He's kinda done with farming animals whose sole purpose is to die, he wants to try something without any death involved, you know? And goat cheese is fucking awesome.

The goats are fun. They may, in fact, be too much fun, but Ed is having the time of his life, running around with Stede after that one bossy nanny who always escapes, laughing and feeling lighter than he has in years. Maybe ever. He's thinking he might try kissing Stede, one day soon.

And then a Badminton turns up at Stede's. Probably Nigel. He tells Stede that he and his brother have bought up a whole load of land in the area and are going to be building a big housing estate, and that Stede's dad had been on the verge of signing a contract to sell his farm to them right before he died. Nigel leans on Stede heavily to sell and when Stede refuses, starts saying things like, "I'm guessing there's lots of chickens in those barns over there. Shame if something happened to them. Do you think it smells like Sunday dinner if a barn full of chickens burns down?"

Stede, furious at the very idea and frightened for his precious chickens, bashes him over the head. He falls, dies. Stede panics and calls the one person he completely trusts, the one who he has an inkling might have dealt with a dead body before.

Ed comes over and stares at Nigel's corpse, then sighs and says, "Guess it's a good thing I didn't get rid of all the pigs yet. No body, no crime, yeah?"

Stede has a little flailing 'oh god I'm a murderer and I'm making you an accessory, Ed! I'm ruining you like I ruin everyone!' moment, Ed steps in and kisses him to calm him down, then says something like, "There's no one I'd rather be an accessory to murder with."

They sneak Nigel's body to the pig shed in the dead of night, then go back to Ed's and make sweet, sweet love.

That's all I've got right now. I'm assuming at some point Chauncey turns up looking for his brother, and Izzy probably loses his shit when Ed announces he's moving to the farm full-time so he can be with Stede, but Ed and Stede overcome all, merge their farms, and create a goats&chickens organic free-range paradise.

I don't know anything about farming though, so it's never getting written.

[rauthschild]

Trump to hand control of Western Europe to Russia as revolution continues – Weekly Geo-Political News and Analysis

The revolution that swept US President Donald Trump into power is unfolding at a blistering rate. Since a lot of it is all over the news and readers have probably already seen it, we will concentrate this week on things they may have missed.

The biggest move still not in the news is that Trump has given Russia the green light to take over NATO and Western Europe, according to Russian FSB and MI6 sources. “Trump told us he does not mind if Russia takes over the EU ‘because they are Nazis,’” the FSB sources say. MI6 confirms the denazification of Europe will mean the removal of the governments of most Western European governments. Partial confirmation of this can be found in various news items such as this one saying he has ordered the withdrawal of 20,000 troops from Western Europe.

Russia’s Tass News agency for its part reports top military officials of Armenia, Kazakhstan, Azerbaijan and Ukraine took part in a meeting of the NATO Military Committee in Brussels last week. Russian FSB sources say these former Soviet countries will join NATO as a precursor to Russia also joining.

In another sign Russia is in charge, Hungarian President Victor Orban, speaking on behalf of the EU, ordered the Ukrainian government to restore all Russian gas transit to Central Europe, stops attacks on the TurkStream pipeline, and provide guarantees for continued oil transit. This means Europe is no longer going to deindustrialize itself by buying LNG from the Rockefellers that 50% more expensive than the Russian equivalent.

In yet another sign Trump has reached a deal over Europe with Russia: Russian President Vladimir Putin said on Russian television that “If he had been the president, if the victory wasn’t stolen from him in 2020, maybe the Ukrainian crisis that arose in 2022 would have never happened.”

Later in the interview, Putin went on to say “In the United States, previous elections were falsified through postal voting … they bought ballots for $10, filled them out, and threw them into mailboxes without any supervision from observers, and that’s it,” Putin said.

The controllers of Western Europe, the Davos World Economic Forum, are admitting defeat. At one of their panel discussions, Yale University Professor Walter Reed said “I think we need to also factor in not only who has won (Trump) but also who has lost, which is to say us….The epitome of us is the European Union.”

https://modernity.news/2025/01/23/video-davos-globalists-admit-we-have-lost-to-trump/

This comment came after Trump, following an introduction by the already dead Dr. Evil (Klaus Schwab Rothschild), slapped the entire international cabal of globalist satanic pedos right in the face. He told them he would lower oil prices and increase oil production in a move that would completely end their anti-life “decarbonization” plans. Following this Trump called on OPEC and Saudi Arabia to lower the cost of oil and just like that, oil prices dropped off a cliff.

The other big news event people may have missed has been the fall of Elon Musk. It looks like Oracle’s Larry Ellison has replaced him as the chief fiat money launderer for the military industrial complex. This can be seen in the spat over the $500 billion AI Stargate project announced by Trump along with Ellison, Softbank’s Son Masayoshi and OpenAI’s Sam Altman. This project is problematic but we will get back to that later.

The interesting thing is Musk’s reaction. He said “They don’t actually have the money…SoftBank has well under $10B secured. I have that on good authority.” He then posted an image of a crack pipe to illustrate how OpenAl came up with their $500 billion number for Stargate.

There are other signs as well that Musk is crashing down to earth. For one thing, Trump has basically destroyed Musk’s Tesla business model by ending all subsidies for electric cars.

Also, after Musk put out a white house email address and word was put out he had an office in the West Wing of the White House, Trump’s new chief of staff Susie Wiles barred him from having an office in the White House. When asked by a reporter if Musk would be given a West Wing office, Trump replied, “No. He’s getting an office for about 20 people…”

Now it turns out Musk has been put in charge of the U.S. Digital Service, which has little to do with budget cuts. Not only that, he reports to Wiles not Trump. This AI generated picture illustrates his fall.

This Musk fall from grace comes as yet another former child sex slave whistleblower provided new confirmation he is a satanist:

In 1982 when Elon Musk was 12, he was inducted into Satanism in a “ritual of blasphemy,” at the Biltmore Mansion in Asheville, North Carolina. Elon Musk, Nate Rothschild, Sasha Stone, Michael Trudeau and Saif al-Islam Gaddafi [Son of then Libyan dictator Muamar Gaddafi] participated.

In the ceremony they used a blood soaked statue of Jesus with a dildo attached to it to rape girls who were all under the age of 12. After they repeatedly accosted the girls, they were given adrenochrome. This gave them a sense of intense anger and an urge to rip apart human flesh so, they ended up killing the girls.

https://rumble.com/v69wuf4-survivor-testimony-elon-musk-was-at-a-satanic-ritual-like-me-video-182.html

Musk has been asked by the whistleblower to publicly confess to his crimes and seek forgiveness.

Anyway, enough about Musk, let us take a look at Larry Ellison, his probable replacement as head tech honcho.

Ellison once sent a representative of the Pentagon’s “Men Who Stare at Goats” psychic warfare division to meet me. He also provided information about suppressed technology. One of these Pentagon sources -who we are still in contact with- said the following about the Ellison who appeared last week:

“Larry Ellison has had face lifts. Maybe he is part AI already. He has changed 100%.”

Nonetheless, this Ellison, or Ellison avatar, is now extremely powerful. It turns out they shut down TikTok in order to reboot it and merge it with Facebook and Instagram under Trump’s control via Ellison. TikTok has been moved from data centers in California to data centers in North Carolina and Utah.

Ellison’s company Oracle’s first customer was the CIA and it is still reliant on government contracts. Ellison once declared, “The Oracle database is used to keep track of basically everything. The information about your banks, your checking balance, and your savings balance is stored in an Oracle database. Your airline reservation is stored in an Oracle database. The books you buy on Amazon are stored in an Oracle database. Your profile on Yahoo! is stored in an Oracle database…Citizens will be on their best behavior because we’re constantly recording and reporting everything that is going on.” Larry Ellison is Jewish and is loyal to Israel. That is why “free Palestine” is now condemned speech on TikTok.

Real news outlets like this one are already banned from X, Facebook and Instagram so presumably we will now be banned from TikTok as well.

Also, Ellison (or his Avatar) made a disturbing “Stargate” announcement that AI could be used to detect cancers and customize mRNA vaccines to treat them within 48 hours.

This prompted all sorts of horrified reactions from experts who oppose mRNA vaccines because of all the damage they have caused. In the video below for example, you can watch Neil Oliver and Ed Dowd comment “To hear about 100s of billions of dollars being invested to, among other things, have artificial intelligence MRNA vaccines, makes my blood run cold…Is this another brick in the wall of the digital prison the deep state/Big Tech seeks to impose?”

What is clear from his proposal is that Ellison is part of the old Khazanian Mafia medical cartel who are forbidden from creating drugs that prolong life or make people smarter, stronger, etc. They are also forbidden from creating recreational drugs. I was once told by a pharmaceutical executive that nothing would be easier than creating recreational drugs with no harmful side effects but that they were forbidden from doing so. “Ellison” is perpetuating the current medical mafia method of harvesting money (or life energy) from us by making us sick and they forcing us to pay for a cure. Remember, cancer did not exist until the Rockefellers etc. took over Western medicine and started poisoning us.

In any case, help is on the way. Last week representatives from the White Dragon Society, the Asian Secret Societies, the Japanese underworld and the Japanese military met. Cell phones were left behind and lots of handwritten notes were exchanged for reasons of operational secrecy. There is a lot we cannot talk about because we do not want to tip our hand to the KM. However, it was agreed that in order to end the KM rule....

To Be Continue......

By: Benjamin Fulford

[iontimes]

London Fintech Owner Accused of Facilitating Massive Drug Money Laundering via Crypto

A fintech owner in London is under scrutiny for allegedly assisting notorious drug traffickers in laundering hundreds of millions of euros through a crypto exchange platform.

Caio Marchesani, the 38-year-old Italian owner of Trans-Fast Remittance, a regulated payments business, is accused of knowingly hoarding cash for Sergio Roberto De Carvalho, a Brazilian drug lord, and managing crypto accounts for Flor Bressers, a Belgian criminal known as the “finger cutter.”

Authorities in Belgium, who started an investigation into Marchesani three years ago, are seeking his extradition from the UK as part of their effort to dismantle a transnational gang, according to a recent Bloomberg report.

Per the report, the investigation gained traction after Dutch customs officials seized over 12 tonnes of cocaine, worth more than €260 million ($283 million), at Rotterdam port.

The authorities traced the drugs to Bressers and De Carvalho, eventually leading them to Marchesani through decrypted communications.

So far, 33 suspects from different countries, including Brazil, Hungary, the Czech Republic, and France, have been identified.

The investigation also revealed that Marchesani stored significant amounts of cash in an apartment near the US embassy in London, which was guarded round the clock.

Additionally, he was found with approximately £1.5 million ($1.9 million) worth of cryptoassets, frozen by authorities.

Marchesani Used Binance Accounts to Launder Money

Belgian prosecutors revealed that Marchesani managed 14 Binance accounts for Bressers and held cash for De Carvalho, charging exorbitant fees of up to 9% for fund transfers.

The underground network involved in the money laundering scheme reportedly combined new technology with the ancient hawala money transfer system, primarily practiced in the Middle East.

A spokesperson for Binance has reportedly said that the exchange cooperated with law enforcement, providing “practical operational assistance” as part of the investigation.

Belgium’s lawyer, Amanda Bostock, described Marchesani as a “dark banker” who mixed and moved money at the will of the criminal organization to obscure its origins.

However, Marchesani’s lawyers vehemently denied the allegations, stating that the money used for his bail surety came from a legitimate UK company focused on healthy eating.

They argued that none of the allegations against Marchesani relate to his business interests in the UK.

Marchesani’s lawyers plan to challenge his extradition, citing inconsistencies in the investigators’ presented cases.

If convicted, Marchesani could face a maximum sentence of five years imprisonment in Belgium, despite never having visited the country, according to his lawyers.

The Belgian prosecutor aims to conclude the probe by early September, with plans to take the case to a full criminal trial.

In another legal case relating to the crypto sector, Faruk Fatih Ozer, the founder and former CEO of Thodex, a prominent Turkish cryptocurrency exchange, has been handed an 11,196-year prison sentence for fraud and other crimes.

As reported, Ozer was convicted on various charges, including fraud, leading a criminal organization, and money laundering.

Charles Crawford

[hoodoverhollywood]

Woman allegedly spent €750,000 on luxury handbags in Dublin store as part of money laundering scheme, court told

A woman has appeared in court charged with allegedly money laundering sums of more than €1m, including €750,000 allegedly spent in a Dublin city department store on luxury handbags. Yuwen Yun (33), a Chinese national with an address at Fairy Hill, Blackrock, Co Dublin, appeared at Dún Laoghaire District Court on Wednesday morning after having been charged with three counts of money laundering…

[soulfulsteps]

Klarpay AG Reviews: Scam Exposed

Read Klarpay AG Reviews and find out if this company is a major scam or a legit enterprise in this Gripeo review.

As the first fintech company in Switzerland with a FINMA license, Klarpay says it caters only to digital merchants, social media influencers, and e-commerce. It provides remittance and cross-border payment acceptance solutions, including digital disbursement services, access to multi-currency IBAN accounts, and global payment acceptance. Mihkel Vitsur, a co-founder of BDSwiss, founded Klarpay in 2019. It was among the first Swiss fintech companies to be granted a banking license under the recently announced Small Banks Regime. This is our preliminary analysis.

Brief Story of Klarpay AG reviews

It appears that Klarpay AG is a kind of spin-off of Jan Eric Malkus’ investing company, BDSwiss. Several of its founders and former executives are important figures in the bank:

Mihkel Vitsur, a co-founder and former chairman of BDSwiss, is the chairman of Klarpay.

CEO of Klarpay and a former director of BDSwiss Group, Martynas Bieliauskas co-founded the company;

Former BDSwiss CIO and CTO Christos Alatzidis co-founded and serves as CTO of Klarpay; Marc Evans, the former CFO of BDSwiss, became Chief Financial Officer of Klarpay in February 2022.

The principal figures of Payabl (previously Powercash21), as recently revealed by reporters, are Dietmar Knoechelmann, his wife Ayelet Fruchtlander Knoechelmann, Ruediger Trautmann, and Frank Schoonbaert, all of whom were formerly Wirecard scheme managers. Former Wirecard satellite programs like Inatec and Powercash21 were absorbed by Payabl (see this story).

Payabl invested in Klarpay and successfully arranged a seed financing round for the latter in May 2022. A total of CHF 3 million was put into Klarpay. Ugne Buraciene, Group CEO of Payabl, was designated as an advisor to Klarpay as part of Payabl’s involvement with the latter company.

The marketplaces

As of August 2022, Similarweb’s most recent statistics show that over thirty percent of the around 10,000 website visits are from Turkey, with the Netherlands and Germany following closely behind. Therefore, it is reasonable to presume that Turkish merchants and/or their Turkish consumers make up a sizable component of Klarpay’s user base.

FINMA

The Swiss government agency in charge of financial regulation is called the Swiss Financial Market Supervisory Authority. This covers the oversight of other Swiss financial intermediaries such as banks, insurance providers, stock exchanges, and securities dealers. The name and abbreviation of FINMA are typically written in English to avoid giving the impression that one of Switzerland’s linguistic regions is being favoured.

The Federal Banking Commission, which was founded in 1934, was succeeded by FINMA, which was created in 2007. Located in Bern, it is a stand-alone organisation with its own legal identity. It reports directly to the Swiss parliament and is institutionally, operationally, and fiscally independent of the Federal Department of Finance and the central federal administration.

With the passage of the Federal Act creating the Swiss Financial Market Supervisory Authority (FINMASA) on June 22, 2007, FINMA was established. By doing this, the Federal Office of Private Insurance (FOPI), the Anti Money Laundering Control Authority, and the EBK-CFB were combined into a single organisation that was in charge of overseeing all financial regulations in Switzerland.

Due to their importance to the Swiss economy, two of the biggest banks in the world, UBS and Credit Suisse, are located in Switzerland. As such, FINMA has a specialised regulatory team focused on each of these companies.

FINMA issues banking licences to all Swiss banks. A “FinTech banking licence” is now an application option for some fintech businesses as of 2019. Five businesses have been licensed as fintech banks as of May 2023:  Klarpay AG, Relio AG, SR Saphirstein AG, SWISS4.0 SA, and Yapeal AG.

Klarpay AG Reviews (As claimed)

Leading financial provider Klarpay AG gives online companies access to digital disbursement solutions, global payment acceptance, and multi-currency IBAN accounts. With a focus on e-commerce, digital entrepreneurs, and social media influencers, Klarpay is the first fintech company with a Swiss licence. Its mission is to empower digital entrepreneurs by providing customised business banking solutions and scalable, international payment options. Established in 2019, Klarpay AG is a financial institution that accepts deposits and is subject to regulation by the Swiss Financial Market Supervisory Authority (FINMA) in accordance with Article 1b of the Swiss Federal Banking Act.

Klarpay AG Reviews: The influencer culture and its impact on digital payments in the future

Could you explain the significance of the influencer culture, which has exploded in the last five years around the globe, to the payments ecosystem?

It is debatable if influencers have changed marketing in the last ten years. Influencers have changed during the course of the culture’s quick ascent to prominence as a potent marketing tool. In the past, influencers’ exposure was mostly determined by the brands they were linked to; but, in recent years, this has changed, and influencers are increasingly starting to establish themselves as brands.

Influencer marketing is just as crucial in the financial industry as it is in other industries like fashion, food, and health. It resonates so well because we are interested in learning about the finest places to eat or who creates the most stylish, eco-friendly clothing since these topics are important to us on a daily basis.

However, people are curious about which brand or organisation is the most honest, which offers the greatest services, and which offers the best solution, since few things are as important to people as their finances.

Klarpay AG Reviews: Conclusion

Influencer.in by media published “The Influencer Marketing Report 2023.” It offers a thorough analysis of the sector, including insights into Influencer Marketing and its current developments. Over 500 survey responses from Indian content creators and over 50 responses from marketers were used to build the research for 2023 between June and August of this year. For companies looking to incorporate influencer marketing into their marketing mix, the research provides useful insights.

The growing popularity of short-form videos—more than 92% of influencers preferring to create content using this format—and YouTube Shorts’ emergence as the go-to platform for content creation were two significant discoveries. This is indicative of more general social media tendencies toward brief, eye-catching material.

Influencer marketing, according to more than 77% of respondents, is a “must-have” element of every digital marketing plan. YouTube shorts are now the most popular content format on Instagram, which continues to be the most popular channel for influencer marketing.

Influencer marketing continues to be a low-budget activity for brands; most allocate only 5–10% of their marketing budgets to this kind of advertising.

Since micro creators are frequently viewed by their fans as more real and relevant than celebrities, 61% of marketers prefer to collaborate with them over celebrities. This can help them be more successful in increasing engagement and sales.

Although mega- and macro-influencers are similarly well-liked, working with them is typically more costly. If you want to reach a large audience quickly they’re a good option, but may not be as effective at driving engagement as micro- and mid-tier influencers.

Influencer marketing in 2023 will be driven by authenticity and short-form videos. According to the poll, short-form films were preferred by 92% of influencers, which represents a significant shift in influencer activations. Over 51% of influencers chose YouTube as their favourite platform.

The most common video format among influencers is short-form content, such as Reels and YouTube Shorts.

[erardiltongmailcom]

Mansions, sports cars and yachts: Guo Wengui's fraud reveals where his followers' money really went

Mansions, sports cars and yachts: Guo Wengui's fraud reveals where his followers' money really went

Guo Wengui, once a wealthy Chinese businessman and political activist, recently faced a major legal blow in New York. A jury in federal court for the Southern District of New York found Guo guilty of nine of 12 charges, including conspiracy to commit racketeering, securities fraud and conspiracy to commit money laundering.

The verdict revealed a massive fraud scheme that Guo Wengui had carried out against his followers over a long period of time. Prosecutors said Guo used social media to promise supporters high-return investment opportunities, but instead used the more than $1 billion he raised to fund his own lavish lifestyle. The luxury items include a 50,000-square-foot mansion in New Jersey, a $1 million red Lamborghini sports car and a $37 million yacht.

Guo's defense lawyers sought to portray his actions as part of a campaign to criticize the Chinese government, claiming that "Guo Wengui doesn't care about money" but rather "the movement." However, prosecutors countered that Guo was an opportunist and a fraud rather than a genuine political activist.

From making his fortune building hotels and buying securities firms in China, to becoming a darling of the American right and now facing what could be decades in prison, Guo Wengui's story has been an up-and-down one. Judge Annalisa Torres announced that Guo Wengui will be sentenced on November 19, 2024. Given that many of the charges carry a maximum sentence of 20 years, prosecutor Damian Williams said Guo could face "decades" in prison. He could also face forfeiture.

[24global-news]

The Cashier in Dubai

Investigative report tracks tangled route for money flowing to offshore companies from Moldova.

Part One

Moldovan oligarch Vladimir Plahotniuc left his home country in 2019 to avoid corruption charges. But an investigation into his business affairs, supported by newspress24-blog, shows that money continued to flow into his pockets long after he fled.

Black Box Plus, the investigative show of Moldova’s independent Tv channel TV8, acquired documents showing that Plahotniuc profited from every document Moldova’s Public Services Agency (ASP) issued between 2014-2019. Black Box TV followed the traces left by the businessman Alexandru Vilcu and Vladimir Andronachi, a former lawmaker with the Democratic Party (PD).

Documents show that the money reached Plahotniuc via Garsų Pasaulis, the Lithuanian printing house that won the public procurements for supplying blank cards the ASP uses to issue Moldovan documents, including passports. The financial circuit leads to a network of offshore companies registered in Cyprus, Hong Kong and the United Arab Emirates (UAE).

In the summer of 2020, the scheme Plahotniuc built over the years was taken over by two Bulgaria-registered companies that appeared overnight.

These companies were the identical financial offshore vehicles through which Plahotniuc, former leader of the PD, raised alleged dividends from the auctions organised by the state telecom company Moldtelecom, the purchase of electricity from the breakaway region of Transnistria, the public-private partnership for hemodialysis services and the so–called heist of one billion US dollars from the Moldovan banking system.

The Lithuanian UAB (an acronym of uždaroji akcine bendrove, or private limited company) started supplying blank cards for Moldovan passports following tenders in 2014 and 2017. The main beneficiary of the Garsu Pasaulis company is Albert Mario Karaziwan, a Belgian citizen who owns Semlex Europe, an identification document and biometric device production company whose business practices have come under scrutiny. The Syrian-Belgium businessman has been targeted in several countries in criminal corruption cases and journalistic investigations by Reuters and OCCRP.

In 2014, Moldova’s minister of information and communications technology was Plahotniuc’s fellow party member Pavel Filip. The CRIS Registru state enterprise which in 2017 was re-organised as ASP, was headed by Sergey Railean, godfather of Filip's older son.

Between 2014 and 2021, ASP transferred 59.5 million euros to the Garsu Pasaulis company "for raw material, blank cards and personalisation services," according to documents obtained by Black Box.

ASP also paid the Lithuanian company a royalty fee for software developed for Moldova and used on three types of documents. For example, the royalty fee for each passport issued was 13.61 euros (14.49 US dollars). On October 22, 2021, prosecutors opened a criminal case against nine people from the Public Services Agency “targeted in a criminal case of abuse of office”. Prosecutors estimated that the state lost around 41 million euros (43.6 million dollars) in the case.

A LONG AND TANGLED PATH

A note from the Moldovan service for the Prevention and Combating of Money Laundering obtained by Black Box shows that more than 24 million euros (25.54 million dollars) did not stop in the company's accounts in Vilnius but ended up in Cyprus and the UAE.

“Of the 135 payments made throughout this period [2014-2019], I can tell you that the final beneficiary is obvious. At least, from what the criminal investigation bodies say, it is clear that the actual beneficiary is Vladimir Plahotniuc,” said ASP director Mircea Esanu.

Sergey Railean, the ASP former director under whose mandate the two contracts with Garsu Pasaulis were signed, said that he knew nothing about benefits for Plahotniuc.

"The tender took place according to the procedures. Therefore, nothing was outside the law," Railean said.

Told that Black Box reporters had established money transfers from Garsu Pasaulis to offshore companies affiliated with Plahotniuc, Railean was asked if he knew anything about it.

"No, absolutely not. Now it is a criminal case. The file must be completed after the trial,"he said. “[…] We did not order any software."

Railean added that ASP paid royalty fees to Garsu Pasaulis "because that was the contract".

On May 5, 2022 the Moldovan anti-corruption prosecutor's office announced that Railean had the status of accused in the so-called passport affair.

Filip, who held the post of prime minister in 2016-2019, did not answer the phone calls or requests for comment.

In May 2018, during a TV show broadcast by Prime, one of Plahotniuc's TV stations, Filip hinted that the state signed a more advantageous contract with Garsu Pasaulis than the previous one agreed in 2011 with a French company.

In 2011, Garsu Pasaulis had in fact tried to win a tender, but its application failed as it did not meet ASP’s criteria. A key condition was that applicants had experience manufacturing electronic passports for at least three European countries, as established by a decision of the Supreme Court of Justice. Garsu Pasaulis did not meet this requirement.

Garsu Pasaulis replied via e-mail that the company won the tenders and successfully delivered blank passport cards for ASP.

“As for the exact details of other commercial contracts, we cannot provide any details as confidentiality commitments bind us,” Andrius Lukosevicius, director of Garsu Pasaulis’ printing security department, wrote. “However, we can confirm that we have never had and do not currently have commercial or other relations with Mr Plahotniuc and [Romanian businesswoman] Mrs Ileana-Mihaela Burcea.”

The passport cash headed south, to the UAE firm Prime Union Solutions FZ LLC. Between January 1, 2018 and July 30, 2019 itreceived transfers for over 4.7 million euros ( five million dollars) from Garsu Pasaulis. The money continued to flow into Plahotniuc's coffers even after he fled Moldova in June 2019 when his name was linked to the disappearance of over a billion dollars - nearly one-eighth of Moldova's GDP - from the country's biggest banks between 2012 and 2014.

Employees at the Moldovan Money Laundering Prevention and Combating Service obtained information from their colleagues in Dubai and stated that the company's majority shareholders were the Romanian citizen Ileana-Mihaela Burcea and the company Inter Gnathonize Limited.

Between October 29, 2018, and July 30, 2019, a total of seven million euros (about 7.4 million dollars) were credited into Prime Union Solutions’ UAE bank account, largely sent from Garsu Pasaulis. The money then traveled to Burcea’s private account in UAE and six other offshore companies.

In liaison with UAE and Cyprus’ authorities, Moldova’s law enforcement agencies determined that Garsu Pasaulis transferred another 19.6 million euros (20.8 million dollars) to another Cyprus offshore company, Gnathonize Limited, also connected to Burcea.

The Cypriot firm opened a bank account in July 2014, four months after Garsu Pasaulis won the Moldova tender. The Lithuanian firm was the main contributor to the account until August 2018. After that, the money was transferred to the company Prime Union INC LTD in Hong Kong and marked as a "dividend payment".

[beardedmrbean]

Former U.S. Rep. George Santos is expected to plead guilty to multiple counts in his federal fraud case, according to a person familiar with the matter.

Santos, a Republican from New York, is expected to enter the plea at a court hearing planned for Monday on Long Island, the person said.

The person could not publicly discuss details of the plea and spoke to The Associated Press on condition of anonymity.

Messages were left seeking comment from Santos and three lawyers representing the former congressman.

The court hearing was scheduled for Monday afternoon after prosecutors and Santos’ lawyers jointly requested one on Friday. They also sought and received a delay in certain pre-trial deadlines.

The news comes just weeks before jury selection was set to begin on Sept. 9. Santos has previously pleaded not guilty to a range of financial crimes, including lying to Congress about his wealth, collecting unemployment benefits while actually working and using campaign contributions to pay for personal expenses such as designer clothing.

Among the charges Santos faces are wire fraud, theft of public funds, money laundering and aggravated identify theft.

Prosecutors recently told the judge that the trial could last three weeks because they expected to call at least three dozen witnesses, including some victims of Santos’ alleged crimes.

Santos has previously maintained his innocence and called the investigation a “witch hunt,” claims that prosecutors called “baseless” in a recent court filing. But in December, when prosecutors said plea negotiations were ongoing, Santos said in an interview at that time that a deal was “not off the table.”

Asked if he was afraid of going to prison, he said: “I think everybody should be afraid of going to jail, it’s not a pretty place and uh, I definitely want to work very hard to avoid that as best as possible.”

Earlier this week, Judge Joanna Seybert rejected Santos’ request that potential jurors fill out a written questionnaire gauging their opinions of him. His lawyers argued in court filings it was necessary because “for all intents and purposes, Santos has already been found guilty in the court of public opinion.”

Lawyers for the government had also been seeking to admit as evidence some of the lies Santos made during his campaign. Before he was elected in 2022 to represent parts of Queens and Long Island, he falsely claimed to have graduated from both New York University and Baruch College and that he had worked at top Wall Street firms.

Two campaign aides to Santos have already pleaded guilty to crimes related to the former congressman’s campaign. Last October, his ex-treasurer, Nancy Marks, pleaded guilty to a fraud conspiracy charge and implicated Santos in a scheme to embellish his campaign finance reports with a fake loan and fake donors. A lawyer for Marks said at the time his client would be willing to testify against Santos if asked, saying she had been “mentally seduced” by Santos.

A month later, Sam Miele, a former fundraiser for Santos, pleaded guilty to a federal wire fraud charge, admitting he impersonated a high-ranking congressional aide while raising campaign cash for Santos.

The New York Republican was expelled from Congress in December after an ethics investigation found “overwhelming evidence” he had broken the law and exploited his public position for his own profit.

[dannydehekfacts]

The De Hek-Avenger Connection: Uncovering Crypto's Biggest Scam

De Hek-Avenger Background and Profiles

Danny De Hek and Avenger are two prominent figures in the cryptocurrency landscape known for their public personas and engagement in various blockchain projects. They have cultivated a following through social media and online forums, often positioning themselves as experts in investment strategies. However, their backgrounds have come under scrutiny as allegations regarding their activities surface. Investigations into their past reveal a series of questionable practices that raise concerns about their credibility. Understanding their profiles is essential to grasping the magnitude of the alleged scam. This context sets the stage for analyzing the mechanics of a purported fraud that has affected countless investors.

Overview of the Alleged Scam Mechanics

The alleged scam is characterized by a complex web of misleading information and financial manipulation. The mechanics involved creating enticing investment opportunities that promised high returns with minimal risk, luring in unsuspecting investors. Techniques such as fake endorsements, inflated performance claims, and deceptive marketing tactics were reportedly employed to build trust and excitement. Victims were often encouraged to invest quickly, creating a sense of urgency that bypassed due diligence. As the scam unfolded, many investors found themselves trapped in a cycle of reinvestment, perpetuating the fraud. This intricate setup highlights how easily trust can be exploited in the cryptocurrency realm.

Key Players Involved in the Scam

In addition to Danny De Hek and Avenger, several other key players have been identified as part of this fraudulent operation. Associates and investors who initially believed in the legitimacy of the venture became unwitting participants in promoting the scam. Some insiders later turned whistleblowers, providing vital information to investigators about how the scheme operated. Their testimonies reveal a network of complicity that facilitated the scam’s expansion. The interconnected roles of these individuals illustrate the dangers of groupthink in investment circles. This realization emphasizes the necessity for individual scrutiny when entering the crypto market.

Impact on the Cryptocurrency Market

The ramifications of this scandal have reverberated throughout the cryptocurrency market, causing both immediate and long-lasting damage. Trust in emerging crypto projects has been significantly eroded, as investors exercise heightened caution in response to such high-profile scams. Market volatility has increased, and some legitimate projects have suffered collateral damage from the negative publicity. Whether in the form of regulatory backlash or lingering skepticism among potential investors, the influence of the De Hek-Avenger connection is undeniable. As the market struggles to rebuild, the necessity for transparency and accountability in cryptocurrency dealings has never been more critical. This incident serves as a stark reminder of the vulnerabilities within the industry.

Legal Implications and Ongoing Investigations

Legal implications surrounding the De Hek-Avenger connection are extensive, with investigations underway by regulatory bodies globally. Authorities are assessing the full extent of the fraud while gathering evidence from affected investors and inside sources. Potential charges could range from fraud and conspiracy to money laundering, as the financial intricacies of the scam unfold. As these investigations progress, the potential for legal consequences grows for those involved, which could lead to significant financial penalties and imprisonment. The outcomes of these cases will likely influence how regulatory frameworks evolve in response to cryptocurrency scams. This situation presents a pivotal moment for the industry and its participants.

Lessons Learned for Investors and the Industry

The Danny De Hek -Avenger connection offers crucial lessons for investors and the broader cryptocurrency industry. Primarily, it highlights the importance of conducting thorough research before investing in any project. Investors must remain vigilant about the sources of information and claims being made about potential returns. Additionally, this case serves as a critical call to action for regulatory bodies to enhance consumer protections in the crypto space. Transparency and verification practices should be emphasized to prevent future scams from taking root. By learning from these mistakes, stakeholders can work toward fostering a safer and more trustworthy environment for cryptocurrency investments.

Source : https://dannydehekfacts.blogspot.com/2024/10/the-de-hek-avenger-connection.html

[24-daily-news-press]

The Fintech Owner Accused of Laundering Drug Money in Huge Bitcoin Scheme

Caio Marchesani is alleged to have managed crypto accounts for a criminal gang

A fintech owner in London is facing allegations that he helped notorious drug traffickers attempt to launder hundreds of millions of euros through a crypto exchange platform on a scale rarely seen by European prosecutors.

Authorities in Belgium are seeking the extradition of Caio Marchesani from the UK as part of their effort to dismantle a transnational gang.

hoarding piles of cash for Sergio Roberto De Carvalho, a Brazilian described by Interpol as one of the world’s most wanted kingpins before his arrest in 2022, and managing crypto accounts on behalf of Flor Bressers, a Belgian national known as the “finger cutter,” who was also nabbed last year.

Marchesani owns Trans-Fast Remittance, a payments business regulated by the Financial Conduct Authority. He was arrested in May at Heathrow Airport.

The case puts the British financial-technology scene under fresh scrutiny amid fears that its weak controls are enabling the movement of illicit funds around the world. Transparency International UK has called for tougher supervision after finding that more than one-third of UK-licensed electronic-money institutions show red flags. In response to 24blognewspress queries, the FCA said it is “engaging” with Trans-Fast “as part of our ongoing supervisory work, including in relation to these matters.”

The Belgian investigation kicked off three years ago after Dutch customs officials seized more than 12 tonnes of cocaine, worth more than €260 million ($283 million), from containers at Europe’s busiest port, Rotterdam. Authorities traced the haul to Bressers and De Carvalho, later zeroing in on Marchesani after a breakthrough in decoding encrypted communications. 

In all, 33 suspects have been identified, linked to countries including Brazil, Hungary, the Czech Republic, and France — five are in pretrial detention, with Bressers and De Carvalho in Belgium and Marchesani in the UK. 

The case against Marchesani came to light at a series of extradition hearings in London. A request for bail was turned down by the court after prosecutors described him as a flight risk. The judge intends to rule on the extradition later in September.

‘Large Cash Sums’

Marchesani managed 14 Binance accounts for Bressers, according to Belgian prosecutors. He also held cash for De Carvalho, charging suspiciously high rates of as much as 9% for transferring funds, the prosecutors said.

As many as 85% of Trans-Fast customers were Brazilian, filings from a separate employment case show. A recorded company telephone message says it is currently offline and unable to process orders.

The underground network is alleged to have essentially combined new technology with hawala, a centuries-old money transfer system practiced in regions including the Middle East, where international and local remittances are paid largely based on trust. Its use of crypto currencies increased after the Covid pandemic made cash deliveries much harder, according to Belgium prosecutors. Binance provided law enforcement with “practical operational assistance” in relation to the investigation, a spokesperson for the crypto-trading platform said. 

Amanda Bostock, a lawyer acting for Belgium authorities, described Marchesani as “a dark banker who receives money and moves it around at the will of the criminal organization in order to disguise its origins.” 

“Very large cash sums” protected by a round-the-clock guard were said to have been stored at an apartment Marchesani rented near the US embassy in south London, prosecutors said. He was found with some £1.5 million ($1.9 million) of cryptoassets. The electronic wallet holding them was subsequently frozen. 

Marchesani’s lawyers deny the allegations. The money for Marchesani’s bail surety had legitimate origins from a UK company with a “thriving business focused on healthy eating in a cafe setting,” the judge said in a reference to Acai Berry Foods Ltd. of which Marchesani is the chief financial officer and a 50% shareholder. The prosecution’s case has “false, vague, ambiguous or inaccurate particulars,” his lawyers at Mishcon de Reya said. “What is clear however, is that none of the allegations against him relate to any of his business interests in the UK.”

Marchesani, who interned at Deutsche Bank from October 2013 to January 2014, wanted to convert Trans-Fast into an online bank according the employment case tribunal ruling. Companies House filings from August show another owner added to the registry. 

‘Everything is Criminal’

In an encrypted chat decoded by authorities, Marchesani, using the moniker ‘Greysmith,’ asked, “friend, this ted 60 is for crime or normal?” to which ‘Lucrativeherb’, a pseudonym prosecutors say was used by De Carvalho, replied, “Normal. Everything is criminal,” the Belgian law enforcers alleged. The judgment did not mention what ‘ted 60’ referred to. In another message, Marchesani is alleged to have said: “only risk is when the police are around.”

Bressers, who has a masters in criminology, was wanted on charges including kidnapping, gang drug trafficking and theft, and was arrested in February 2022 in Zurich. De Carvalho was nabbed in Hungary in June 2022 and transferred to Belgium by the air force earlier this summer. He was subject of an Interpol Red Notice, with countries including Brazil demanding his extradition for drug trafficking, money laundering, forging documents and murder in connection with organized crime.

The Belgian prosecutor said in a July letter to the UK, that nearly all the evidence has been collected and that she aimed to conclude the probe in early September. She said she’d already decided the case will go to a full criminal trial. A spokesperson confirmed the letter and declined to comment.

In London, Marchesani’s lawyers said they planned a further challenge to his extradition because investigators were presenting different cases at different moments. If convicted, Marchesani faces a maximum sentence of five years imprisonment in Belgium, a country his lawyers say he’s never visited.

[mhgf12547]

Mansions, sports cars and yachts: Guo Wengui's fraud reveals where his followers' money really went

Guo Wengui, the former Chinese businessman and political activist, in New York in the United States faces a major legal fight. A jury in federal court for the Southern District of New York found Guo guilty of nine of 12 charges, including conspiracy to commit racketeering, securities fraud and conspiracy to commit money laundering. The verdict revealed a massive fraud scheme that Guo Wengui had carried out against his followers over a long period of time. Prosecutors said Guo used social media to promise supporters high-return investment opportunities, but instead used the more than $1 billion he raised to fund his own lavish lifestyle. The luxury items include a 50,000-square-foot mansion in New Jersey, a $1 million red Lamborghini sports car and a $37 million yacht. Guo's defense lawyers sought to portray his actions as part of a campaign to criticize the Chinese government, claiming that "Guo Wengui doesn't care about money" but rather "the movement." However, prosecutors countered that Guo was an opportunist and a fraud rather than a genuine political activist. From making his fortune building hotels and buying securities firms in China, to becoming a darling of the American right and now facing what could be decades in prison, Guo Wengui's story has been an up-and-down one. Judge Annalisa Torres announced that Guo Wengui will be sentenced on November 19, 2024. With a maximum sentence of 20 years for many of the charges, Damian Williams, the prosecutor, said Mr Guo could face "decades" in prison. He could also face forfeiture.

[acidflux181362]

Luxury mansions, sports cars and yachts: Guo Wengui’s fraud case reveals the true whereabouts of followers’ funds

Guo Wengui, a former wealthy Chinese businessman and political activist, recently faced a major legal attack in New York, USA. A jury in the Federal Court of the Southern District of New York found Guo Wengui guilty of nine out of 12 charges, including conspiracy to commit racketeering, securities fraud, and conspiracy to commit money laundering. The verdict revealed Guo Wengui's long-standing and massive fraud scheme against his followers. Prosecutors pointed out that Guo Wengui used social media to promise high-return investment opportunities to supporters, but actually used more than $1 billion in funds raised to maintain his luxurious life. Those luxuries include a 50,000-square-foot mansion in New Jersey, a $1 million red Lamborghini sports car, and a $37 million yacht.

Guo Wengui's defense lawyers have tried to portray his actions as part of criticism of the Chinese government, claiming that "Guo Wengui doesn't care about money" but cares about "the movement." However, prosecutors countered that Guo Wengui was an opportunist and a liar rather than a true political activist. From making his fortune building hotels and acquiring securities companies in China, to becoming the darling of the American right-wing, to now facing a possible decades-long prison sentence, Guo Wengui's experience has been one of ups and downs. Judge Annalisa Torres announced that Guo Wengui will be sentenced on November 19, 2024. Given that multiple charges carry a maximum sentence of 20 years, prosecutor Damian Williams said Guo Wengui could face "decades" of imprisonment. In addition, he may face confiscation of property.