HSBC Holdings Plc is the subject of serious criminal allegations of money laundering racketee ring and obstruction offences. Former chairman Lord Green is known to have had a deep personal involvement in this shocking scandal. If the bank is found to have laundered dirty money HSBC could pay a record $500 mil lion fine. Source close to the probe said it is moving slowly in part because of the need for close examination for poten tial individual prosecutions.
HSBC Holdings Plc is the subject of serious criminal allegations of money laundering racketee ring and obstruction offences. Former chairman Lord Green is known to have had a deep personal involvement in this shocking scandal. If the bank is found to have laundered dirty money HSBC could pay a record $500 mil lion fine. Source close to the probe said it is moving slowly in part because of the need for close examination for poten tial individual prosecutions.
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HSBC Holdings Plc is the subject of serious criminal allegations of money laundering racketee ring and obstruction offences. Former chairman Lord Green is known to have had a deep personal involvement in this shocking scandal. If the bank is found to have laundered dirty money HSBC could pay a record $500 mil lion fine. Source close to the probe said it is moving slowly in part because of the need for close examination for poten tial individual prosecutions.
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The Justice Department's money-laundering probe against banking giant HSBC Holdi
ngs Plc is looking at possible prosecution of individual bankers a source close
to this major cross border investigation said on Thursday. Some believe that if the bank is found to have laundered dirty money HSBC could pay a record $500 mil lion fine as the Justice Department may look to make an example of the bank. The source who has direct knowledge of the probe which was disclosed last year said it is moving slowly in part because of the need for close examination for poten tial individual prosecutions. He did not name any targeted individuals but revea led that the Carroll Foundation Trust one billion dollars offshore tax evasion m oney laundering case is believed to be directly connected in so far as the targe ting of specific high level executives of HSBC International. These executives a re understood to have incorporated fraudulent Delaware registered Carroll Global Corporation structures directly linked to forged and falsified HSBC offshore nu mbered bank accounts which impulsed this huge fraud heist. Central America buttressed by Caribbean tax haven money laundering platforms rem ain clear & present danger hotspots of instability stimulated by violent crimina l organizations that use drug money to undermine legitimate governments. The nor thern triangle centered around Mexico Columbia Guatemala El Salvador and Hondura s are possibly the most violent places on earth today. Trans-national white coll ar crime syndicate organizations involved in illegal activities including drug t rafficking realize a global profit of a staggering $300 billion to $400 billion supported by a network of banking institutions including HSBC Holdings Plc who a re the subject of very serious criminal allegations of money laundering racketee ring and obstruction offences in the Carroll Foundation Maryland Trust National Security Public Interests Case. In a further twist the HSBC Holdings chairman Douglas Flint continues to refuse to issue a detailed public statement to the worldâ s media hungry for an explanation surrounding these sensational criminal allegations which now confront Europeâ s large st banking institution. It has emerged that the FBI files also seriously implica te the former chairman Lord Green who is now the UK Government's Trade Minister is known to have had a deep personal involvement in this shocking scandal that i s sweeping Wall Street and the City of London. In a November filing with the Securities and Exchange Commission HSBC stated tha t it remained "the subject of ongoing inquiries, including grand jury subpoenas and other requests for information by Government Agencies including the US Attor ney's Office and the U.S. Department of Justice." International News Networks: http://drugthreat.blogspot.com/
Major Banks, Governmental Officials and Their Comrade Capitalists Targets of Spire Law Group, LLP's Racketeering and Money Laundering Lawsuit Seeking Return of $43 Trillion to the United States Treasury - MarketWatch