It might appear to be operating legitimately on the surface but with millions of untraceable tax dollars being handed out---problems could start surfacing later---maybe as part of a long-orchestrated plot w/ foreign governments.
Could also be an attempt to throw tax dollars at a plummeting real estate market.
Problems might include:
- forged deeds and sales of property;
- taking millions of tax dollars for land deals without fulfilling the intended purpose;
- use of fake title company to close land deals;
- taking tax dollars for sub rose purposes--other than those intended.
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Are any of our tax dollars going to the Central American countries sending hordes of illegals over the border? NOTE: The prospects of wire-transfer remittances reportedly generated the emptying out of Central American villages onto speeding trains.
TALKING POINTS---THE FOREIGN AID MODUS OPERANDI ---Former Guatemala Prez used US banks to launder millions (swindler was elected to "redistribute" the nation's wealth) An ex-president of Guatemala faced charges in NY that he used US banks to launder millions looted from his impoverished nation. Alfonso Portillo took office in 2000 pledging to redistribute Guatemala’s wealth.
Portillo, 61, allegedly ran scams to drain the impoverished country's coffers. The feds say Portillo embezzled about $2.5M provided by the Taiwanese embassy....$1.5 million was earmarked for “Libraries for Peace”....books for school kids.
Portillo personally endorsed three, $500,000 checks issued against an account at the Intl Bank of China in Manhattan, then deposited the cash in the Miami bank account of a Guatemalan bank controlled by “a close associate and political supporter” .....the money was funneled to bank accounts in Paris in the names of Portillo’s ex-wife and daughter.
Portillo swindled nearly $4M defense funds ...and plundered the national bank run by his alleged co-conspirator through overdrafts financed by public reserves -- stolen money paid for expensive watches and cars, for himself and his associates, according to the indictment. (Source: NY POST news report 5/28/13.)
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Time to mobilize the Bank Secrecy Act----to follow the paper trail of tax dollars, foreign aid and US govt agency foreign disbursements, and determine how govt monies changes hands.
Taxpayers demand to know the scope and dimension of government insiders ability to collude in sub rosa deals and who might be personally profiting from the realty deal.
<><> L/E needs to examine Central American bank accounts.
<><> Joint bank accounts might be used to facilitate the transfer govt funds from one account to another, and/or wo=ire-transferred offshore;
<><> To cover their tracks, fake govt invoices might be created to show that govt money deposited into accounts was being used for legitimate govt purposes.
<><> Financial schemes scheme might be advanced by issuing phony statements of payments from financial sources that actually covered the transfer of govt funds for insiders' personal use and/or for redistribution schemes.
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NOTE WELL Under the Bank Secrecy Act, banks are required to establish, implement and maintain programs designed to detect and report suspicious activity indicative of money laundering and other financial crimes. “The Bank Secrecy Act was enacted to protect the public from harm by identifying and detecting money laundering from criminal enterprises, terrorism, tax evasion or other unlawful activities,” the special agent in charge for Internal Revenue Service Criminal Investigation, explained.
Shady banking transactions could be prosecuted under the (1) Bank Secrecy ACT, (2) RICO, and, (3) the Hobbs Act.
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<><> L/E should get ahold of: (1) copies of checks, (2) wire transfers, (3) account statements, (4) invoices, (5) bills, (6) delivery tickets, (7) correspondence including snail mail, e-mail, mobile devices, cell phones, (8) contracts, (9) loan agreements, (10) other account books or official records.
L/E should also explore (a) monies paid to brokers, sub- brokers, (b) family members, (c) mortgage brokers, (d) financial managers, and, (e) real estate agents, brokers, and developers.
<><> L/E should scrutinize bank accounts for suspicious activites: (A) large deposits, (B) funds transferred from one account into another, (C) frequent requests for withdrawals.
<><> Bank records might also show diversions to secret LLC accounts, to money launder and to operate personal ventures---or to finance campaign activities (and/or other redistribution schemes favored by the WH).
Tax fraud may also be a factor; facilitated by withdrawals, gift cards purchases, credit card purchases and intra-bank transfers from DHS accounts into personal accounts, campaign accounts, or into redistribution schemes.
<><> A huge tipoff is whether bank withdrawals support and luxurious lifestyle including payments for real estate, investment and stock holdings, jewelry, luxury vehicles, lengthy resort stays....... and gifts from luxury outlets for wives and mistresses (earmarked and campaign activities, or other redistribution schemes).
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Taxpayers demand the Bank Secrecy Act be used to prosecute govt fraud, pronto.
SAMPLE LETTER TO LAW ENFORCEMENT
Taxpayers are urged to notify the FBI now.
FBI TIPS PAGE https://tips.fbi.gov
EMAIL enforcement@sec.gov
SUBJECT: Collusion, conspiracy, and bribery
IN RE: tax-exempt financial irregularities
REFERENCE: foreign aid govt fraud, falsified documents, wire transfers, accounting fraud, etc.
NARRATIVE Taxpayers demand to know the scope and dimension of multiple conspiracies by to collude in sub rosa deals to personally profit and/or to facilitate redistribution schemes of US foreign aid.
OF INTEREST TO LAW ENFORCEMENT The FBI should interrogate individuals for evidence of multiple schemes to falsify official documents to further insider schemes. The FBI should investigate any and all tax-exempt official documents submitted by foreign aid recipients.
Crimes might include---conspiracy, collusion, falsifying offical documents (a felony), money laundering, tax evasion, extorting taxpayers, theft of govt monies, misuse of public office and government positions.
Examine all tax returns with a fine-tooth comb.....especially entries for "interest income."
BCFS Treasurer Claudia Oliveira paid $182,909 + $43,429 bonus.
Executive Directors
Asennet Segura paid $181,895 + $68,370 + $62,510 bonuses,
Kari Tatro ($189,516 + $50,471 + $26,787)
Terri Hipps ($176,267 + $26,00)
Other Directors include:
Sonya Thompson ($169,018 + $12,436),
Denise Grimm ($122,206 + $11,593),
Mario Guerra ($167,419 + 19,248)
Jon Bodie ($134,602 + $16,344).
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COMMON FRAUD PRACTICES:
Are the principles using credit cards? Reversing credit card write-offs is a common scam, initially writing off credit debt then cooking the books by reversing the write-off for annual reports. The debt could also be carried on the books as a fraudulent unbilled disbursement "receivable."
Backdating checks to hide the date on which checks were received---in order to minimize the risk that auditors would discover fraudulent accounting practices.
Reclassifying expenses on financial statements to seemingly reduce expenses. This change in treatment is usually not disclosed to auditors or on official financial statements.
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WAS A TAX_EXEMPT BOND OFFERING PART OF THE FINANCIAL MIX? -- The SEC would be interested in possible Fraudulent Methods WRT misleading bond offerings, defrauding investors by misleading them about use of tax-exempt monies; utilizing falsified marketing materials to mislead.
Is there a “Master Plan”?
That might describe certain fraudulent accounting adjustments pursued as part of a sub rosa scheme; engaging in fraudulent conduct to mislead WRT tax revenue, expenses, or payments; perhaps structuring transactions as "loan repayments" to falsify revenue.
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Is there leveraging of tax dollars to secure bank loans that benefit principles? Perhaps classifying loan repayments as "revenue" on official documents?
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All of these activities compel criminal penalties for the crimes of grand larceny, schemes to defraud, securities fraud and falsifying business records.