now here it is then uh... interesting dichotomy
now hsbc the sixty trillion dollars of suspicious activity and somehow they
just don't touch and they continue to make those are those of us
but when it comes to
ellen spencer's transactions well they have the cash out right away that's
really interesting
you know what it was totalling
three wire transfers totaling roughly ten thousand dollars to q eighty
international i want to be an escort service
but surely can
so get a lot of this
embed
catches suspicious activity from three wire transfers
for ten thousand dollars
hsbc couldn't catch
six the trillion dollars
were the suspicious activity
what uncharted
big joke this is
they'll say why the same when they have the catalyst this is activity
now of course mr was the governor of new york and uh... and had to step down
after they found that
but he was involved with an escort service
now they said well we had to lead is a nice weather they quote
they still don't know what the business was in these are digging into the
account is it drugs money laundering they didn't start to see money from
spitzer well look they've got a look at what if it's strong storm
money-laundering unless of course it's sixty trillion dollars where the drugs
and money laundering that hsbc for example did look into well these banks
have to look into specific ab i would use a hold ten thousand and i think it
was drug money while well that's what i had to do it
of new york times explains
experts to advise banks and big individuals fun anti money laundering
regulations so that the two banks were just following the law
all when the reported suspicions financial transactions dot that
authorities when they didn't have a choice that day
if there's ever a suspicious activity
you've got to report it but was of course
it's sixty
how are you in dollars worth of suspicious activity
our entire justice system is a joke
as they continue the new york times explains
as part of the knowing your customer requirements
maximalist assess their clients financial patterns
and said god bless issue in a while the salad if there are usual transactions
do they have a program called no your customer
really
when it's at least threats are used to go after the banks
hekmatyar known as a council really really well that was back in two
thousand eight
now what we find out me
after nine eleven for tennessee utility this fall of two twenty ten
if your customer happens to be somewhat connected to al qaeda or a ride or a
mexican drug lords
your customer that much
and then former director of tin sandwiches other governor musician of
the treasury department
that's close to look at this point and chilled crimes enforcement that were
dismissed and sports
he says what nine eleven taught us is a valuable financial information money
doesn't allow it
money leaves a footprint
and that's exactly what happened was that sir
funny how money didn't leave a footprint
when it was six-feet
howie and dollars
whether suspicious activity involving drug warlords et al qaeda
but head ten thousand dollars well it leaves a lot of footprints
which bank found these very important footprints
and when after spitzer because my god you've got to know your customer
let me quote the new york times from back in two thousand eight
missus missus suspicious financial transactions that north fork
might never have been discovered work not for a suspicious activity report
filed by
age aris
the sea
so when it came
to agree on a bit was investigating these bags well
they found every no can cranny including three transactions that barely got to
ten thousand dollars
but sixty trillion dollars that same
ends academia
couldn't track at all
when they were making billions off of it
and y
give you one last call from the new york times here
as it turned out
both north fork
bank an hsbc
had faced enquiries into their lending practices
by mr spitzer when he was new york attorney general
for any connie
happened to find
the suspicious activity in that tiny little account when they couldn't find
seven billion dollars worth of suspicious activity coming in for
mexican drug lords
nineteen billion from arron
untold sums from al qaeda bank
and sixty trillion overall
you get a sense of uh...
fraud and help our chrissy that goes on here
if you go after the big banks if you go after the government they will come to
get you
but if you
helped organizations that target us
sixty thousand dead in mexico over though war on drugs
three thousand enduring nine eleven
you're free to go
well can you know i mean you're just the top anchors and if we actually put you
in jail it might be stabilize our whole economy
it is while polls uh...
what is happening in this country