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To: Liz

Oh I’ve investigated cotprruption and financial fraud for years. If the transactions were in the actual names of the politicians involved it would be so easy but they never are. Being lawyers they know to set up shell companies, trusts and use proxies to handle their transaction to bypass scrutiny. Offshore accounts amd online banking make it even more difficult to investigate. Many of the cases are opened when someone involved in the process gets mistreated by the politician and they come forward.


28 posted on 05/10/2016 6:48:11 AM PDT by jsanders2001
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To: jsanders2001
Ponzi King Madoff escaped scrutiny for many, many years and was seen as an investment genius and philanthropist. He was operating on several levels.....engaged in tax evasion and money laundering for his billionaire pals, and was also salting away a pile for himself stolen from trusting investors.

When he went to jail, investigators found Madoff had stashed billions offshore---into a labyrinth of financial entities.

COLLUSION AND CONSPIRACIES GALORE Some $8.9 billion was funneled to Madoff through a dozen so-called feeder funds based in Europe, the Caribbean and Central America......a labyrinth of hedge funds, management companies and service providers that, to unsuspecting outsiders, seemed to compose a formidable system of checks and balances.

But the purpose of this complex architecture was just the opposite: the feeder funds provided different modes for directing money to Madoff in order to avoid scrutiny and to generate more fees for his bogus investment scheme.

32 posted on 05/10/2016 6:58:31 AM PDT by Liz (SAFE PLACE? A liberal's mind. Nothing's there. Nothing can penetrate it.)
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