No account yet?
Subscription Options
Subscribe via RSS, or
 
Free Email Alert

Sign up to receive a daily e-mail alert with links to Dallas Blog posts.

New Site Search
Login
Bill DeOre
Click for Larger Image
Dallas Sports Blog
Local Team Sports News
The Official Site of the Dallas Mavericks
TEX Homepage News

A feed could not be found at http://www.dallascowboys.com/cda-web/rss-module.htm?tagName=News

Stars Recent Headlines
Good News Dallas
Lifestyles
UK Bank Allegedly Launders $250bn for Jihad Print E-mail
by Tom McGregor    Mon, Aug 6, 2012, 06:31 PM
$250 Standard.jpgNew York’s financial regulator is investigating the London-based bank, Standard Chartered, for allegedly helping Muslim Militants launder $250 billion to launch a global jihad.

According to the Houston Chronicle, “State Financial Services Superintendent Benjamin Lawsky signed an order that requires London-based Standard Chartered Bank to answer his questions following an investigation into ‘wire stripping,’ the practice of removing crucial identifiers in financial transactions.”

Standard Chartered responded to the investigation with this statement, “you f***ing Americans. Who are you to tell us, the rest of the world, that we’re not going to deal with Iranians.”

As reported by the Houston Chronicle, “the bank conspired with its Iranian clients to route nearly 60,000 different U.S. dollar payments through Standard Chartered’s New York branch ‘after first stripping information from wire transfer messages used to identify sanctioned countries, individuals and entities.”

Standard Chartered also enjoyed receiving millions of dollars in banking fees for the transactions when such trade was restricted.

To read the entire article from the Houston Chronicle, link here:

This e-mail address is being protected from spam bots, you need JavaScript enabled to view it
Share This Story on Facebook
Comments (0)add comment

Write comment
smaller | bigger
password
 

busy
 
< Prev   Next >