BELGIAN JUDGE LAUNCHES UBS CRIMINAL PROBE
Wall Street Journal reports: “UBS Group AG’s legal troubles mounted — as a Belgian judge launched a probe into whether the Swiss bank (UBS) helped wealthy clients in the country evade taxes.” VF1-1
UBS FACES MONEY LAUNDERING AND FRAUD IN BELGIUM, AGAIN
Dealbook reports: “A Belgian magistrate judge is investigating whether the Swiss bank UBS engaged in fraud, money laundering and other crimes … UBS acknowledged the inquiry, but it said little more. ‘We take note of various articles in the press, which indicate that an official investigation will be conducted,’ a UBS spokesman said. ‘UBS will continue to defend itself against any unfounded allegations.’ The judicial inquiry came after the Belgian authorities said that they had received “excellent cooperation” from the authorities in France, which has conducted a similar inquiry into UBS’s activities. UBS was placed under formal investigation in France in July 2014 and ordered to post a bail of more than $1 billion after it was accused of money laundering and tax fraud … The investigation in Belgium is not the bank’s first run-in with the authorities in that country. In 2014, Marcel Bruehwiler, the chief executive of UBS’s Belgium business, was charged by the Belgian authorities with money laundering and other crimes after raids at the bank, at his home and at a client’s home. Later that year, the Belgian private bank Puilaetco Dewaay agreed to acquire UBS Belgium for an undisclosed sum.” VF1-2 This is the secretive UBS Group Executive Committee classic condescending defense of their continuous World criminal activities. When when ethical politicians initiate criminal proceedings, UBS then sells their operation only to renew activities when favorable politicians are again elected with UBS assistance. UBS is considered the worldly best at such criminal endeavors. UBS is the Worlds largest Wealth manager for good reason.
BELGIUM GOES AFTER UBS FOR PANAMA PAPERS REVELATIONS
thelocal.ch reports: “UBS has also been charged in Belgium for tax fraud and featured among the banks which set up offshore companies that were exposed in a vast leak of documents dubbed the Panama Papers.” VF1-3
Bill Clinton deferring to Tony Blair for UK media
CLINTON SPEAKERS/CONSULTING FEES COPYCAT BLAIR IS EXPOSED BY UK MEDIA
Telegraph reports: “Documents seen by The Telegraph contain details of Mr Blair’s travels around the world, accompanied by a squad of police bodyguards, flying on private jets and staying in five-star hotels. The files suggest Mr Blair has used identical trips to carry out both private business meetings and talks in his capacity as Quartet Representative to the Middle East – leaving him open to accusations of a potential conflict of interest. … Andrew Bridgen, a Conservative MP said ‘Mr Blair has consistently blurred the line between his official and commercial activities, while his security entourage has incurred huge expenses for the British taxpayer. It is not appropriate for a man who has held the highest office in the land and has been privy to every one of our nation’s secrets to undertake work for a foreign power.’ ” VF2-1 As USA President Clinton, UK Prime Minister Blair started a dubious for profit Quartet group for foreign country speakers/consulting fees while allegedly doing fuzzy non-profit somethings under contract with World Bank. Reliable sources say these men use analogies, metaphors et al when the foreign government host asks vital interest questions. This is why Clinton/Blair et al are so popular with UBS et al. This supposedly gives them plausibility of denial. The host recipients may also get disinformation making them chumps. We further expect to see copycats from USA, UK et al plying conflict of interest schemes at taxpayer and national security expense.
Bill Clinton playing cozy promoting Tony Blair Faith Foundation
CLINTON E-MAIL 19302: COPYCAT BLAIR ON FUNNELING KUWAITI DARK $ TO WORLD BANK
DNCLEAKS reports: “Tony Blair (aclb) explains to David Hale and Robert Danin how he is trying to put pressure on Kuwait funneling dark money to the World bank through their DC embassy. The latest is that Kuwait will transfer the funds to their DC account this week and then pay. I know its all roundabout but for reasons I won’t go into, – to do with their internal chaos – they’re bending some budget rules to do this. I’m doing all I can to hasten. They also don’t want publicity over it. By the way one part of our new plan should be an actual agreement with Arabs that they will pay more and sooner! Kuwaiti money en route but taking time, going to their embassy in dc and thrn world bank, for political reasons. She asked if we can get them to send directly. We’ll try our channels but thought you might be able to help,too.” VF2-2 This email reveals how these men operate without fear of criminal prosecution. There are similar emails regarding UBS! It is baffling why Blair does not start a secret Blair Prime Minister Library+ UBS Swiss offshore account where foreign entities could deposit undetected sums. This could be modeled after the Clinton/Bush/Obama Presidential Library+ offshore account schemes.
LONDON CITY CATCHES UBS IN IMPROPER TRADING
Financial Times reports: “The Financial Services Authority levies the penalty against the (UBS) Swiss bank for failing to stop employees from making unauthorized trades that cost customers almost £26m.” VF2-3 Is UBS an international criminal network in and of itself? Why does Swiss Government allow UBS to commit unsupervised criminality.
Patronage twins of English humor!
UBS LIBOR SWINDLERS
Russia Today reports: “Hayes was accused of being a kingpin of a group manipulating yen Libor by asking rate setters and traders at UBS and several other institutions to move the rates up or down depending on his needs. … He was also accused of encouraging brokers to help him influence other lenders to do the same manipulations or canceling their daily emails saying where Libor should be set on a certain day. Hayes paid his accomplices by a system of wash trades, regarded by the courts as bribery. … Hayes ‘team’ included more than 25 other brokers and traders, seven of whom worked at UBS.” VF2-4
English humor patronage twins, again.
UBS TRADER TO BE DEPORTED FROM UK
BBC News reports: “Mr Adoboli was released in 2015, but foreign nationals sentenced to more than four years are automatically considered for deportation. … During his trial, Mr Adoboli said that UBS staff had been encouraged to take risks until they got “a slap on the back of the wrist” by senior managers. … UBS was fined £29.7m for systems and control failures related to the unauthorised trading losses.” VF2-5 Adoboli became the usual “former” UBS employee. If he had not been caught by outsiders he would have risen in the UBS ranks. In essence the UBS Chairmen, Chiefs et al are veteran schemers who were never caught by outsiders. UBS criminal culture continues in UK with a slight fine to be made up from other thefts, like UBS elderly client scams.
UBS GROUP EXECUTIVE BOARD CHIEF ERMOTTI SLASHES LONDON JOBS
Fine news reports: “The employees of UBS in London .. almost one in three faces losing his job. That’s at least what UBS boss Sergio Ermotti told «Nikkei» newspaper of Japan … Paris and Luxembourg are other places where UBS has wielded or is about to wield the ax.” (VF2-6 UBS generally keeps their salesmen to continue soliciting and recruiting clients. This means UBS is taking fired salesmen’s clients and giving them to those left. This UBS ploy makes it look like those left are better than they really are.
FRANCE DEMANDS SWISS BANK UBS FACE FRAUD TRIAL
TheLocal.ch (Swiss) reports: “French finance prosecutors have asked for Swiss bank UBS to face trial for allegedly orchestrating a vast system of tax fraud in France … The prosecution requested that UBS (Switzerland) face trial for “aggravated laundering of tax fraud proceeds” while its French branch be judged for complicity in these crimes. It also requested a trial against Raoul Weil, the former head of the bank’s global wealth management business, who was charged with tax evasion and illegally canvassing French customers last year, and three other top-level employees.” VF3-1 It is well known from Raul Weil purposefully turning his valid Swiss passport to the security efficient Bologna Hotel for processing to Weil’s dubious second Ft Lauderdale, Florida USA Federal prosecution was again a joke. Let us not forget the Secretary of State Clinton private meeting with Hillary’s Swiss counterpart. UBS has parceled out money discretely in the traditional something for something schemes.
UBS LOOSES BEFORE EU HUMAN RIGHTS COURT
Wall Street Journal reports: “UBS Group AG has lost a bid to appeal its treatment by France’s legal system at the European Court of Human Rights, which ruled that the Swiss bank hadn’t had its right to be presumed innocent violated.” VF3-2
UBS 1 BILLION EURO FRENCH BAIL
finews.com reports: “UBS has suffered a setback in a high-profile French court case over hidden offshore accounts for the wealthy in Switzerland. The Swiss bank will have to pay a billion-euro bail as the case proceeds. … The move is a major blow to UBS. The French case is one of the two largest cases facing the bank, besides a mortgage mis-selling probe in the U.S. which is expected to cost billions to settle. The bank has promised richer shareholder payouts once its billion-dollar scandals and probes have been settled. The French case has also spawned renewed scrutiny of Raoul Weil, who ran UBS’ private bank until 2008. The Swiss banker had faced charges in the U.S., of which he was acquitted.” VF3-3 French wisely hold onto UBS to thwart any “missteps” as the two UBS Chairman Weil comical USA Federal sham criminal trials in Ft Lauderdale, Florida. We witnessed it with another 15-23 in the audience who considered it bad theater. It was a case study on how to manipulate a trial.
UBS SLASHES PARIS JOBS IN RESPONSE TO FRENCH CRIMINAL INVESTIGATION
Reuters reports: “Swiss bank UBS is cutting about 15 investment banking jobs as it scales back its share-trading business in Paris … The (UBS) wealth manager has faced legal trouble in France and was forced to stump up a more than 1 billion euro ($1.13 billion)guarantee as part of an investigation into whether it had helped clients avoid taxes. It is likely to learn soon whether it will face trial in the case. In July Switzerland’s tax agency ordered UBS to provide French authorities with information about its French clients after a request from Paris.” VF3-4
FRENCH UBS SALES ACCOUNT MANAGER SUES UBS FOR 1 MILLION US$ COMPENSATION
Bloomberg reports: “Bertrand Tissier, who worked at UBS Securities France SA for over three years, says his employer sidelined him for no apparent reason … Meetings with his clients such as AXA SA were organized without his knowledge, Tissier said, and he was inexplicably demoted to salesman two months after having risen to the rank of sales account manager, his lawyer, Ivan Hecht, said. … Rather than sidelining him, his supervisors were trying to motivate and manage Tissier, who had started brooding and withholding information, Segeron said, adding that his enthusiasm had dropped.” VF3-5 UBS diminishes employees at the slightest notice of ethical behavior over UBS devious doctrine.
FRANCE EMBARRASSED INTO FINALLY CURTAILING UBS CRIMINAL ACTIVITIES
Reuters reports: “The French arm of Swiss bank UBS pledged on Thursday to cooperate fully with French authorities looking into a list of 38,000 accounts held by French citizens at the bank in Switzerland. ‘If there have been mistakes, we will recognize them and pay,’ the bank said. ‘Our interest is that all light be shed on this so that the matter be closed as soon as possible.’ … UBS said ‘very strict control mechanisms are in place at UBS.’ … UBS said ‘very strict control mechanisms are in place at UBS. In this regard, the bank has required for several years that customers show compliance with tax regulations.’ French authorities have challenged the Swiss bank and its French subsidiary on several occasions in tax evasion cases. In June 2013 UBS was placed under formal investigation for illegal solicitation, in July 2014 for aggravated tax fraud and money laundering and in March 2015 for abetting money laundering. It faces a record 4.88 billion euro fine if found guilty in the last case. Its (UBS) French branch was suspected of having canvassed wealthy clients in France to convince them to open bank accounts in Switzerland, which it denies.” VF3-6 This is indicative of the World pattern of UBS criminal denials inculcated within the UBS Swiss mind set. We now see UBS and its forebear’s criminal activities have been pronounce for decades. Oh yes, the only UBS “mechanisms in place at UBS” seem to consistently be those criminal in nature with routine avoidance by denial.
UBS MONEY LAUNDERING IN FRANCE
Zacks reports: “UBS has been under investigation by the French authorities on potential charges of illegally soliciting clients in France to open Swiss accounts for hiding undisclosed wealth in the period between 2004 and 2012. Later, the investigation included money laundering charges against the bank. Following the failure of settlement talks on account of UBS’ refusal to plead guilty, the bank was ordered to pay €1.1 billion bail amount in July 2014.” VF3-7 Secretive UBS Group Executive Committee worldly strives to avoid having to admit guilt at all cost. A reliable Swiss source says this is done so UBS can continue without a cloud over their activities when more pliant politicians/bureaucrats are installed at a later date who are beholding to UBS.
UBS SECRET GROUP EXECUTIVE COMMITTEE CAUGHT IN FRENCH WITNESS TAMPERING
Wall Street Journal reports: “Magistrates have placed the French unit of UBS Group AG under formal investigation for alleged witness tampering after a former (UBS) employee filed a complaint against the bank, Paris prosecutors said.” VF3-8 UBS Client USA victims have heard the exact same verbiage of things to come before UBS started purchasing Judges, lawyers and bureaucrats for rigging USA State and Federal Courts in targeted HNW (high net worth) areas. Before defrauding UBS elderly Clients. UBS joined the Utah Industrial Bank cartel giving it capabilities of rigging Judicial procedures against USA elderly exported to Salt Lake City (SLC), in state and Federal court. In Utah State and Federal Courts we have seen a state district court Judges name forged by allegedly UBS lawyers. In Utah we have seen a Clinton appointed USA Federal Judge blatantly lie three times to the Court in order to obtain a judgment in favor of UBS.
UBS FRENCH WITNESS TAMPERING
Wall Street Journal reports: “Magistrates have placed the French unit of UBS Group AG under formal investigation for alleged witness tampering after a former employee filed a complaint against the bank, Paris prosecutors said.” VF3-9 UBS’s French Unit witness tampering was an attempt by UBS to criminally silence a UBS whistleblower.
FRANCE TARGETS UBS IN OFFSHORE TAX SCHEME, FINALLY
France 24 reports: “According to the report, French authorities have already identified 4,782 accounts and are seeking to find the owners of an additional 40,379 accounts. France opened a probe into UBS after former employees blew the whistle over the bank’s alleged system of setting up dual accounts to hide the movement of capital into Switzerland between 2004 and 2012. UBS denies the accusations, arguing that its involvement in such financial operations has not been proven. … UBS has been embroiled in a whole series of similar cases, most notably in the United States where the authorities said the bank used Switzerland’s banking secrecy laws to help rich clients avoid the taxman.” VF3-10 EU and other UBS targets have become energized by the Bush Administration bringing criminal charges against UBS regarding USA tax fraud. It is surprising that for decades EU has coward to do such themselves under threats from the Swiss Government, for known and unknown reasons.
FRANCE FINALLY PROSECUTES UBS
thelocal.ch reports: “French finance prosecutors have asked for Swiss bank UBS to face trial for allegedly orchestrating a vast system of tax fraud in France … The prosecution requested that UBS face trial for “aggravated laundering of tax fraud proceeds” while its French branch be judged for complicity in these crimes. It also requested a trial against Raoul Weil, the former head of the bank’s global wealth management business, who was charged with tax evasion and illegally canvassing French customers last year, and three other top-level employees.” VF3-11
An astute John Cryan as Deutsche Bank CEO remembers UBS!
UBS GROUP EXECUTIVE BOARD IS ACCUMULATING MANY WORLD FINANCIAL ENEMIES
finews reports: “Has Deutsche Bank head John Cryan quietly extracted revenge on his former employer UBS … Financial Times» (behind paywall) offers two possibilities: either Cryan is still angry at the Swiss bank’s poaching of Ravi Raju and Anurag Mahesh, prominent Asia private bankers, last year and frozen out his former employer as a sort of revenge. … The more likely explanation is that Cryan – who spent years as a (UBS) financial institutions banker and still regularly visits corporate clients – is exercising a shrewd tit-for-tat.” VF4-1 A highly respected reliable financial source in USA has said the financial trade is getting sick of UBS international antics and is waiting for a crescendo like statedepartment.org to provide the umph.
UBS picket sign in German.
GERMAN PAID SWISS SPY SELLS UBS DOCUMENTS
thelocal.ch reports: “Switzerland has charged a former employee of the country’s largest bank UBS with allegedly selling German authorities the files of wealthy clients suspected of tax evasion, officials and media said on Tuesday. The man is accused of violating banking secrets, according to Switzerland’s public ministry, as well as involvement in espionage and money laundering. … In recent years, UBS has been repeatedly targeted by authorities on both sides of the Atlantic. ” VF-2
Thomas Rodermann as head of UBS Europe
UBS GERMANY LOOSES, AGAIN
Finews reports: “The German business of UBS posted yet another loss last year. Switzerland’s biggest bank now promises that there won’t be any more disappointments in Europe’s biggest market. … The importance of achieving profitability had been impressed upon Rodermann not only by the group [UBS AG Group Executive Board!] but equally so by the banking regulator.” VF-3 It looks like Rodermann will be blamed and made a former UBS senior staff member for the ethical failures of UBS AG Group Executive Board. Rodermann has to fix past ethical breaches while consolidating under Europea Union declarations. When will UBS AG rot at the top take blame for their World “missteps”.
GREECE RAIDS UBS EXECUTIVES HOME TO UNCOVER SWISS TAX EVASION
Corpwatch.org reports: “Greek tax investigators have raided the house of Christos Sclavounis, the former head of investment banking for UBS. … This is the second UBS related raid to date in Greece. … list included a number of members of ‘well-heeled upper echelons of Greek society – (who are) able to spend Christmas in villas in Gstaad in Switzerland and summer at sea in luxury pleasure boats. … UBS says that Athens has not informed them about the latest raid. … But the bank (UBS) has been eager to suggest to the media that they have been unfairly targeted of late.” VF5-1 UBS is finally being being prosecuted by Greece for criminality. Greece desperately needs the the money for debt else UBS would probably be allowed to continue their criminality with Greek insiders.
GREEK TAX INVESTIGATORS RAID “FORMER” UBS BOSS HOME
Financial Times reports: “Mr Sclavounis was UBS’s head of investment banking in Greece … The Greek investigation is based on account information from UBS’s Geneva branch contained on a CD that German authorities bought in 2012 and subsequently shared with Athens. By cross-checking account numbers and dates of birth on that list with domestic records of transfers abroad, Greek investigators compiled a list of 1,000 suspected tax evaders. … Investigators are also probing the role of UBS and its bankers. They hope to access more account information from UBS’s offices in Zurich161616 and Lugano and also its operations in Luxembourg and Singapore. … UBS has spent the past decade contending with the fallout from its complicity in tax evasion. … UBS bankers worked to encourage clients in countries such as Greece to use the bank’s financial secrecy services, which typically involved setting up front companies, numbered accounts and trusts.” VF5-2 Again, we see UBS aiding and abetting tax evasion while obfuscating government investigations.
UBS FAILS OLDEST WORLD BANK RESCUE BID
Finews.asia reports: “UBS missed out on millions in fees when long-time client Monte dei Paschi passed over the Swiss bank for a rival rescue bid from U.S.-based J.P. Morgan – a major setback in a traditional strength for the Swiss bank’s financial institutions group. … It is UBS’ showcase: the lucrative business of advising the world’s largest financial firms on their mergers-and-acquisitions strategy under star banker Andrea Orcel. … UBS Loses Out To little avail, it ultimately emerged: U.S. investment bank J.P. Morgan and Mediobanca stole a march on the Swiss bank (UBS) with a plan which includes a 5 billion euro cap hike – larger than what UBS was thought to have been proposing – and 6 billion euro in bridge financing. … As a result, UBS will miss out on several million in investment banking fees that J.P. Morgan is expected to rake in for putting together the rescue package.” VF6-1 Italy’s 544-year-old Monte dei Paschim is the world’s oldest existing bank. UBS recently bragged of it’s strong relationship with Monte dei Paschim but the UBS relationship has primarily ended.
WORLDS OLDEST BANK FIRES CHIEF AND ENDS UBS COLLABORATION
Reuters reports: “Milan Italian bank Monte dei Paschi plans to appoint a new chief executive in the next few days to lead a 5 billion-euro ($5.6 billion) capital raising which is needed to stave off the risk of the world’s oldest bank being wound down.” VF6-3 UBS collaboration was terminated as well as the prior chief.
LUXEMBOURG ATTACKS UBS OVER MADOFF FUND
Financial Times reports: “UBS, the Swiss bank, was accused of ‘serious failure’ by Luxembourg’s financial regulator over its custodianship of a $1.4bn fund that funneled money into Bernard Madoff’s alleged $50bn ‘Ponzi’ scheme. The regulator ordered the bank to pay compensation, saying the ‘poor execution of its due-diligence obligations constitute a serious failure of its surveillance role as a depositary bank.’ ” VF7-1 Master Criminal UBS Chairman created this continuing UBS reign of terror within the USA elderly community. UBS AG Chairman Weil sought out devious swindle schemes within the USA with uncanny efficiency. Be it UBS AG owned Utah Industrial Bank aliases, UBS AG offshore USA recruitment, USA elderly targeting that include raiding elderly private clubs and retirement homes, Bernie Madoff partnership, etc, etc, etc; UBS AG international financial swindles will continue to go unpunished. Dirty hands UBS AG will continue to be given an escape portal allowing their donor recipients to accept UBS AG plausibility of denial from investigation/prosecution. UBS will continue to have a USA Charter. We do not refute reality. We are just corroborating and consolidating UBS AG continuing USA criminal violations. There are now interested international media asking our assistance before the soon UBS Chairman Raoul Weil trial in Ft Lauderdale Federal Court.
UBS INVOLVED IN MOLDOVAN BANK SCHEME!
Daily Beast reports: “Rather, the lawyer himself was put on trial in 2013 and found guilty posthumously of tax evasion, along with his client, William Browder, the London-based CEO of Hermitage Fund, in a farce of judicial theatre condemned by all major governments and the Council of Europe as politically motivated. … (USA) Congress passed the Sergei Magnitsky Rule of Law Accountability Act, which forces the U.S. president to publish a register of all known assailants or beneficiaries of the fraud. … Instead, according to the U.S. government, in February 2008, two separate Moldovan bank accounts belonging, respectively, to two Moldovan companies —Bunicon and Elenast — both of which had received some of the Magnitsky money, transferred $942,700 into one of Prevezon’s Swiss banks. The transaction was processed by Citibank and UBS Stamford through the Southern District of New York.” VF8-1 Moldova citizenry have been the victims of numerous criminal asset shifting schemes involving political operatives and Swiss banks. Under the USA Clinton/Bush/Obama regimes these successful schemes have never fully been prosecuted using excuses like “to big to jail, to big to fail, get-out-of jail-free cards, ad nausea. Clinton/Bush have been receiving deferred payments while Obama is all set up to receive his deferred payment cash from prior UBS Chairman Robert Wolf’ and his 32 Advisors Washington lobby/consultant firm.
UNAOIL WORLD CORRUPTION FACILITATED BY WASHINGTON ETHICS LAWYER
Huffington Post reports: “Kevin Abikoff, a partner in the corporate law firm Hughes Hubbard & Reed who lectures around the world on anti-corruption enforcement declared Unaoil to be generally compliant with bribery laws … Abikoff’s findings helped KBR and Unaoil continue their lucrative partnership.The due diligence report also gave Unaoil, a Monaco-based middleman, credibility with other companies … Unaoil’s internal emails … showed Unaoil paying government officials millions of dollars to win business around the world. Some of these emails have Unaoil and KBR employees corresponding in coded language … A respected U.S. lawyer (Abikoff) with an expertise in international corruption law had essentially cleared Unaoil as a responsible business partner. … Unaoil later referenced Abikoff’s findings as an indication of Unaoil’s reliability. … Abikoff emailed Ahsani the engagement letter to formalize a working relationship between Unaoil and his law firm. … Abikoff and Hughes Hubbard were hired to advise Unaoil on anti-corruption best practices. … Monaco police raided Unaoil’s offices and the homes of its directors. The Serious Fraud Office, which is now looking at Unaoil alongside the Australian, U.S. and Iraqi governments, had suggested the raid.” VF9-1 It takes a criminally devious and repugnant man to disavow all ethical principals he was paid to teach others. We believe Abikoff will be absolved of his crimes by his cronies . Abikoff should not be confused with Abrimoff who committed similar Washington based crimes while feigning religious convictions. Abrimoff was allowed by USA Federal Court and prosecuting Justice Department to wear a hat at all times to cover his Jewish Orthodox yarmulke he besmirched.
Kevin Abikoff has USA Anti – Corruption & Anti Bribery Certification!
WASHINGTON’S ATTORNEY ABIKOFF HYPOCRITICAL RESUME FOR SOLICITING TO WORLD
Attorney Kevin T Abikoff
Hughes Hubbard, Partner
Areas of Concentration
Chairman, Anti-Corruption and Internal Investigations Practice Group
Securities and White-Collar Criminal Litigation, Enforcement, Regulation and Counseling with an emphasis on the representation of corporations, individuals, and other entities in anti-corruption (including FCPA) matters (investigations, due diligence, and counseling), securities and insurance litigation, regulatory, enforcement and arbitration proceedings, particularly class action litigation, securities disclosure counseling, and designing and implementing insurance and securities compliance policies, procedures, and programs.
World Bank Group and other International Financial Institutions sanctions matters.
Corporate Governance conducting internal investigations, counseling board committees, and designing and implementing corporate compliance programs.
Super Lawyers, Criminal Defense: White Collar
Faculty member, TRACE Anti-Bribery Specialist Accreditation Program
Steering Committee Member, ABA International Law Section, Anti-Corruption Committee
Current Member, Certification Committee of ETHIC Intelligence International, Paris, France
Board of Directors, Holocaust Museum (Houston)
Board of Directors, Greater Houston Business Ethics Roundtable
SWISS COURTS FORCED TO RELEASE UBS CLIENT DATA , PERHAPS!
Finews.com reports: “An interpretation of the double-tax agreement between Switzerland and the Netherlands has found that it is sufficient to provide enough information to identify the relevant people,» Switzerland’s federal court wrote in a decision made public on Monday. The decision, which reverses an earlier ruling and upholds the Swiss tax office’s decree to hand over the data, will set a precedent over how far foreign states have to go in getting secret client data out of Swiss banks. … That the names don’t explicitly have to be mentioned follows from the double-tax agreement, which ensures ‘as broad an exchange of information as possible in tax matters without allowing the states to conduct fishing expeditions’,” VF10-1 Swiss Government has deviously interceded favorably on behalf of UBS as recently as the Clinton quid pro quo. We expect future Swiss Government UBS covert collaboration to the detriment of UBS stockholders and clients.
UBS SELLS ANOTHER STRATEGIC EUROPEAN PART TO “OFFSHORE REORGANIZE”!
Finews reports: “UBS is pulling out of the onshore business with wealthy Dutch clients and has also agreed to a cooperation deal with the buyer of the local unit. UBS, Switzerland’s largest lender, will stop catering for the rich Dutch clients onshore. … The transaction includes clients’ assets worth 2.6 billion euros, the staff and services and products of UBS in Holland, a unit of UBS Europe SE based in Frankfurt. … UBS is currently reorganizing its business in Europe.” VF10-2 How many “parts” does UBS have left. Those UBS clients with UBS offshore dormant accounts should be worried. UBS clients involved in the UBS offshore alleged art scam manipulations should be very worried.
PUTIN CHARACTERIZES OBAMA & STRATEGIC INDUSTRY USING BIRD ANALOGIES!
Putin says: “Negotiating with Obama is like playing chess with a pigeon…. the pigeon knocks over all the pieces, craps on the board and then struts around like it won the game.”
Mr. Putin has described private ownership of strategic industries with the Russian word to roost. “A chicken can exercise ownership of eggs, and it can get fed while it’s sitting on the egg, but it’s not really their egg.” This is no yolk! The USA Government expresses private ownership in relatively the same way. From information and belief, USA IRS is said to have a department that determines tax thresholds to base the maximum tolerances that can be taken from various private owners before they become upset. These “limits” are believed to be subject to confidential Congressional approval.
RUSSIAN OFFSHORE MONEY IN SWITZERLAND
swissinfo.ch reports: “It is well-known that the wives and children of Russian oligarchs prefer to live in peaceful Switzerland. The country is not part of the EU or NATO, it is neutral, and its banking system, even considering the impending demise of the fabled Swiss banking secrecy, is nonetheless still a cut above others in terms of the quality of services provided and its long-standing experience in managing private fortunes. … International Consortium of Investigative Journalists (ICIJ) published data (2015) … Russian clients, holding a total of $1.7 billion, ranked 35th on the list in terms of the overall volume of deposits. The list includes details of 740 clients from Russia, who had opened 1,560 bank accounts. Journalists from the Russian-language business daily Vedomosti analysed the Russian part of the list, but did not find any top government representatives or major political figures there. However, there were a fair number of government officials and managers of state-owned companies and banks, some of whom had also opened accounts for their relatives. The investigation is complicated because more than 40% of the Russia-related accounts are numbered accounts. This means that they are identified by a number rather than the name of the depositor, thus ensuring maximum confidentiality. Some 35% of such accounts in the Geneva division of HSBC are associated with Russia. A further 25% of “Russian” accounts are linked to offshore companies (the average stands at around 15%).” VF11-1
President Putin & Saudi Prince Bandar
PRINCE BANDAR ATTEMPTS TO PLAY COZEY BUT PRESIDENT PUTIN REJECTS CARROT BRIBE
Crescent reports: “Bandar bin Sultan, the most venal character of the House of Saud, was in Moscow early last month but his offer to buy $15 billion worth of Russian arms to get Vladimir Putin to change his policy on Syria was rebuffed. … What is likely to take place after Bandar’s trip to Moscow is serious discussion by the Russian political and intelligence establishment on how to settle scores with the Saudi regime due to its indirect ideological, financial and military support for takfiri groups in the North Caucasus.” VF11-2 It is doubtful that the Chechen takfiri Russian wars, New York 9/11 World Trade Center and Chechen Boston Marathon Bombings would have taken place without the Saudi Arabian Royal Family support. Putin has conviction by repulsing Bandar bribes. Perhaps he was thinking of all those Russian military as well as Russian and Chechen civilians who have been killed by Saud Family financed Chechin rebels. Clinton/Bush/Obama have no such convictions about 9/11 and Boston Marathon USA civilian victims of Saudis and Chechens. These USA Presidents and their collaborators have willingly accepted deferred payments from both the Saud Family and their government.
PRINCE BANDAR’S SOLICITED SECOND PRESIDENT PUTIN NATIONAL CARROT/STICK BRIBE IS IGNORED, AGAIN
21Wire reports: “Saudi Arabia also secretly offered Russia a chance to ‘control the world’s oil market’ in some type of strategic alliance between OPEC and Russia, and to ‘safeguard’ Russia’s present and pending gas contracts in the Mediterranean – but again, only if Russia washes its hands of the Assad regime in Syria. … Bandar is not only ‘good friends’ with Tony Blair, he is considered the closest of family friends with the Bush family, as well as involved in their global defense and construction powerhouse the Carlyle Group. His involvement in the destruction of Syria came as quite a revelation to some back in January, but with the evidence already piling up about NATO’s own Fast and Furious-style illegal weapons transfer into Syria via Europe – it’s little wonder now how the West and the Gulf kingdoms have been coordinating their efforts to destabilize and collapse the Syrian nation-state.” VF11-3 Bandar’s stick was the unleashing of the Chechen takfiri rebels against Russian citizens. Chechens are mostly financed by the Saudi Arabian Royal Family interests.
SAUDI ARABIAN PRINCE BANDAR BIN SULTAN DEFENDS BRIBERY AND OTHER WORLD CORRUPTIONS
New York Times reports: “Prince Bandar famously defended corruption in the kingdom (Saudi Arabia). ‘If you tell me that building this whole country, and spending $350 billion out of $400 billion, that we had misused or got corrupted with $50 billion, I’ll tell you, ‘Yes,’” he said. “But I’ll take that anytime.’ ” VF11-4 Bandar is an engaging man who truly believes corrupting willing USA Presidents is a okay. The problem is it is a un-prosecuted crime in the USA. Clinton/Bush/Obama continue to sell inalienable rights of USA citizens by continuing to accepting deferred payments from the likes of the Saud family and UBS. USA citizens voted for Trump for this and alike reasons.
Prince Bandar’s successful USA Presidential patronage for something goes way back.
SAUD FAMILY CONTINUES CARROT & STICK SOLICITIONS OF PRESIDENT PUTIN
SOTT Signs go the Times) reports: “Saudi Arabia has secretly offered Russia a sweeping deal to control the global oil market and safeguard Russia’s gas contracts, if the Kremlin backs away from the Assad regime in Syria. … Prince Bandar, head of Saudi intelligence, allegedly confronted the Kremlin with a mix of inducements and threats in a bid to break the deadlock over Syria. … The talks appear to offer an alliance between the OPEC cartel and Russia, which together produce more than 40 million barrels a day of oil, 45 per cent of global output. Such a move would alter the strategic landscape. … As-Safir (Lebanese media) said Prince Bandar pledged to safeguard Russia’s naval base in Syria if the Assad regime is toppled, but he also hinted at Chechen terrorist attacks on Russia’s Winter Olympics in Sochi if there is no accord. ”I can give you a guarantee to protect the Winter Olympics next year. The Chechen groups that threaten the security of the Games are controlled by us,” he allegedly said. Prince Bandar went on to say that Chechens operating in Syria were a pressure tool that could be switched on and off. ”We use them in the face of the Syrian regime but they will have no role in Syria’s political future.” VF11-5 Does this Prince Bandar statement mean Chechen rebel altercations against Russians in prior confrontations were controlled by the Saud Arabian Government?
BLAME THE RUSSIANS, WIKILEAKS AND CIA FOR ALL!
PowerLine retired case officer anonymous Jones reports: “CIA intelligence reporting stating that the Russian government hacked the presidential election in order to elect Donald Trump is false. It is merely a political attack against Donald Trump with the goal of delegitimizing his presidency. The depth and quality of the CIA reporting are too good to be true. … The reporting instead reflects the political opinions and agendas of bureaucrats. … Most bureaucrats retire and become contractors, wheedling contracts from their pals still at the CIA. I hear many tales from colleagues about waste, theft, and great riches accruing to phony contractors.” VF11-6 Things are a changin. – Dylan It would be easy for establishment media to validate or dispel Mr Jones’s serious accusations, if it felt so inclined. Although, it has been an open Washington secret that strategic GS bureaucrats upon retirement would become consultants for those outside contractors they dealt with as a GS bureaucrat. We do not support some of Mr Jones remarks but establishment media refuses come forward and disprove these serious criminal accusations. Mr Jones should be held liable if his statements are untrue beyond any reasonable doubt. What gives!
Hollywood Oscar joke using Putin as initiator.
Hollywood Oscars La La Land looser/winner mixup Putin joke.
EU SHAMED COUNTRIES PLAYING CATCH-UP WITH USA ON UBS TAX AVOIDANCE AND OTHER SCHEMES
swissinfo.com reports: “Spain’s tax authorities have made an official request to Switzerland for information on UBS bank account holders in Spain … The Spanish request to Switzerland’s tax agency follows similar requests from France and the Netherlands earlier this year.” VF12-1 The USA IRS investigation into UBS criminal activities of soliciting and recruiting USA clients for the UBS Swiss offshore tax avoidance“perfect experience” embarrassed European countries. USA IRS succeeded in cowering Swiss government authorities. Before that event the EU countries had coward to Swiss opaque banking directives. Now it is a game of catch-up to USA!
2 CAUGHT IN WASHINGTON/TURKEY PAY-TO-PLAY INFLUENCE PEDDLING BRIBES
The Bureau of Investigative Journalism reports: “A mysterious Turkish organisation gave a former U.S. homeland security adviser a $400,000 contract to improve public perceptions of Turkey, deepening questions about the country’s attempts to influence U.S. politics and the limited transparency surrounding them. The contract—with a firm run by Douglas Baker, the son of Republican grandee James Baker—forms part of more than $3 million-worth of U.S. lobbying contracts linked to Turkey … Unlike Flynn, Baker registered his contract promptly in the Department of Justice’s list of Foreign Agents According to the Foreign Agents Registration Act (FARA), any U.S. citizen doing “political or quasi-political” activity on behalf of a foreign entity is legally obliged to inform the DoJ and disclose details of their work. … Concerns about foreign money and influence in the US have been growing since the start of the Trump administration … Project on Government Oversight said that vaguely worded statements about the purpose of lobbying contracts typify filings made with the foreign agents’ registry. Though compliant with the law, such filings “leave the public a little bit in the dark about what exactly they’re doing and what US policies they are trying to influence,” she said. The law governing the registration process—the Foreign Agents Registration Act—does not require lobbyists to file much information about who is contracting them, she pointed out.” VF13-1 Like other stressed countries Turkey becomes desperate and thus open to Washington bribe solicitations. Clinton/Bush/Obama and their collaborators like UBS and the Saud family could not pass the smell test regarding FARA compliance. President Trump is off to a good start by putting a stop to baksheesh, bribes or other forms of USA presidential graft so prevalent during Presidents Clinton/Bush/Obama regimes. By far their collaborators UBS and the Saud family stand out as the most overt at avoiding USA criminal prosecutions, despite corroborating documentation.