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pluralist
31-07-2015, 12:44 AM
Crazy stuff, not sure what to make of it at present.

http://www.buzzfeed.com/michaelgillard/sex-lies-and-interest-rates

C. Flower
31-07-2015, 09:15 PM
Crazy stuff, not sure what to make of it at present.

http://www.buzzfeed.com/michaelgillard/sex-lies-and-interest-rates

Interesting. Could be plain crooks, or could be a handy way of funding covert ops.

pluralist
31-07-2015, 09:46 PM
Interesting. Could be plain crooks, or could be a handy way of funding covert ops.

True. It's a bit short on specifics tbh. I only posted it because a writer I respect ( http://www.ianfraser.org/ ) retweeted it.

If we go a bit further back, BCCI was used by all kinds of people, including possibly Western covert ops, for sending funny money around, with the Bank of England and the London financial press only expressing suitable outrage (you can't trust those beluddy Arabs, old bean!) when it went belly-up.

https://en.wikipedia.org/wiki/Bank_of_Credit_and_Commerce_International

pluralist
07-10-2015, 05:04 AM
Further indications of a lax regulatory regime in the UK:


Magazine
The billion-dollar ex-council flat
By Tim Whewell File on 4




A bizarre trail leads from an impoverished former Soviet republic to the palm-fringed shores of the Indian Ocean and beyond, via a Scottish ex-council flat - the trail of $1 billion stolen from Moldova, Europe's poorest country. For the first time, the flat's owner has shed further light on the mystery.



A gritty Scottish housing estate is not the obvious place to search for $1 billion that's gone missing from a small country at the other end of Europe.

But a modest ground floor two-bedroom ex-council flat in Pilton, north Edinburgh, is home to a mysterious firm with the right to collect that vast sum, allegedly stolen from the former Soviet republic of Moldova.

The Pilton flat in question is home to an astonishing 530 firms registered at the address.

Welcome to the bizarre world of shell companies, which can be used to conceal the real owners of assets - and the agents who create them. Donald Toon of the National Crime Agency - the man effectively in charge of the UK's fight against dirty money - says he's "very worried" about the role played by the agents.

Pilton is perhaps better known for its appearance in Trainspotting - Irvine Welsh's novel, later made into a hit film, about poverty, crime and heroin addiction - than as a surreal portal to a tropical paradise in the Indian Ocean.

But the BBC has discovered it has become just that.

One of the companies registered at the address is Fortuna United LP, the UK partnership named in a leaked report by Moldova's central bank as the firm with the rights to the billion dollars which disappeared last year from three of the country's main banks.

The loss of the money - equivalent to an eighth of Moldova's entire GDP - has thrown the country into economic and political chaos.

http://www.bbc.com/news/magazine-34445201