Journal: Fake Gold Bars from China to India, Made in the USA–Federal Reserve and Bank of NY Accused–Meanwhile, Prison Planet and Bullion Vault Say No

02 China, 03 Economy, 03 India, 06 Russia, 10 Transnational Crime, Commerce, Commercial Intelligence, Ethics, Government
Full Story Online
Back-Up Copy Online
Original Online Source
Original Online Source

Phi Beta Iota: We are NOT making this up.  People from around the world are starting to send us this stuff, and we love it–this clearly demonstrates the power of public intelligence in the aggregate, and the importance of multiniational information-sharing and multinational sense-making, the bulk of which is not now and never will be “secret.”  We would not be at all surprised to start seeing Goldman Sachs and Bank of New York executives dying like flies, with former Secretaries of the Treasury and Chairs (and NY Governors) of the Federal Reserve having pride of place on the hit list.  The Russians and Chinese (and soon the Indians) all have a right to take “extreme exception” to the state-sponsored crimes the above document discusses.

Preliminary Rebuttal
Preliminary Rebuttal

The Rumor About London Good Delivery Gold Bars That Are Allegedly Filled with Tungsten

BullionVault says: Accredited custodians only take in bars from other accredited vaults, and metal only enters the system from accredited refiners. Even when they bear the correct bar stamps, large gold bars are not usually accepted from people outside the Good Delivery circuit, which is why taking a Good Delivery bar into private possession seriously dents its value.

Phi Beta Iota: Hubris cannot be discounted, and since the Federal Reserve is part of the Good Delivery Circuit and its integrity has been severely impugned, this issue must join the matter of pre-9-11 gold evacuation from the World Trade Center as requiring further investigation.

Journal: Corruption at Root of Economic Crisis

03 Economy, 10 Transnational Crime, Communities of Practice, Ethics, Key Players
Full Story Online
Full Story Online

Corruption threatens global economic recovery, greatly challenges countries in conflict

Berlin, 17 November 2009

As the world economy begins to register a tentative recovery and some nations continue to wrestle with ongoing conflict and insecurity, it is clear that no region of the world is immune to the perils of corruption, according to Transparency International’s 2009 Corruption Perceptions Index (CPI), a measure of domestic, public sector corruption released today.

“At a time when massive stimulus packages, fast-track disbursements of public funds and attempts to secure peace are being implemented around the world, it is essential to identify where corruption blocks good governance and accountability, in order to break its corrosive cycle” said Huguette Labelle, Chair of Transparency International (TI).

Full Story Online
Full Story Online

Afghanistan slips in corruption index despite aid

BERLIN – Afghanistan has slipped three places to become the world’s second most-corrupt country despite billions in aid meant to bolster the government against a rising insurgency, according to an annual survey of perceived levels of corruption.

Only lawless Somalia, whose weak U.N.-backed government controls just a few blocks of the capital, was perceived as more corrupt than Afghanistan in Transparency International’s Corruption Perceptions Index.

Iraq saw some improvement, rising to 176 of 180 countries, up two places up from last year. Singapore, Denmark and New Zealand were seen as the least corrupt countries in the list based on surveys of businesses and experts.

Phi Beta Iota: Corruption within governments is estimated to be US$1 trillion a year, almost (suggestively) precisely half of the total global crime income of US$2 trillion a year as documented in Moises Naim’s  Illicit: How Smugglers, Traffickers and Copycats are Hijacking the Global Economy (Hardcover).

Reference: Gangs in the US Military

08 Wild Cards, 10 Security, 10 Transnational Crime, Commercial Intelligence, DoD, Government, Military, Peace Intelligence
Assessment Report
Assessment Report (2007)
Briefing with Notes
Briefing with Notes
Briefing without Notes
Briefing without Notes

Phi Beta Iota: We have been highlighting our couinterintelligence deficiencies since the 1990’s, primarily focused on the need for religious counterintelligence, but also on the need to recognize that sub-state and non-state groups are legitimate threats in and of themselves.  Today the US military it thoroughly penetrated by multiple networks from Opus Dei and the Mormons to radical Islamics and plain street gangs happy to not only receive advanced training, but access to easily stolen weapons–one of the dirty little secrets of the US military is how little control it has over the primary weapon of mass destruction on the planet, small arms (which we also like to sell liberally to anyone with cash and especially dictators).

Continue reading “Reference: Gangs in the US Military”

Journal: True Cost Meme Marches On…

10 Transnational Crime, 12 Water, True Cost

US Retailers Face $191 Billion in Fraud Losses Each Year
NACS Online
lexisnexis True Cost of Fraud Study reveals that retail merchants experience 20 times higher total fraud losses than consumers. by RSS Feed by Email NEW

Time for change – Water saving – Ecademy
Identify the true cost of water. Do you know how much your business spends on water per annum or how much is water costing you? Check your water bills for the last 3 years and note the annual consumption and cost.

Related:
http://true-cost.re-configure.org

Journal: IndyMedia Wanted Poster on CIA Renditioners–Significant for Two Reasons

02 Diplomacy, 08 Wild Cards, 10 Security, 10 Transnational Crime, 11 Society, Civil Society, Ethics, Government, Law Enforcement, Media, Military
Full Story & Photos Online
Full Story & Photos Online

TURN IN THESE CIA FUGITIVES : They’ll get 5-8 Years

By Carolyn Keuhn

NOV.4, 2009:  Italy convicted 23 CIA rendition perps. All could be imprisoned if they leave the US.

An Italian judge on November 4, 2009, convicted 23 CIA agents and two Italian agents over their role in the 2003 kidnapping of a Muslim cleric. Milan judge Oscar Magi sentenced former Milan CIA station chief Bob Seldon Lady (on left in PHOTO with Luciano Pironi) to 8 years and 22 other agents (PHOTOS) to 5 years in prison for their role in the abduction of Osama Moustafa Hassan Nasr, also known as Abu Omar. Also convicted was Air Force Colonel Joseph Romano (COLOR PHOTO), who was responsible for the CIA kidnapping team’s flight to Egypt from a U.S. air base in Italy.

WANTED: CIA Renditiones
WANTED: CIA Renditiones

CONTACT: Interpol, the international police agency, by email or at this FAX number in Switzerland: +33 4 72 44 71 63. (Refer to the warrant number given in the Robert Lady photo caption.) Or contact your local or national police.

The US is shielding the perps, whose names and PHOTOS are shown [at original source].

Continue reading “Journal: IndyMedia Wanted Poster on CIA Renditioners–Significant for Two Reasons”

Journal: Illicit Money, Illegitimate Governments, and More…

03 Economy, 08 Wild Cards, 10 Transnational Crime, Commerce, Commercial Intelligence, Ethics, Law Enforcement

Subscription Access Online
Subscription Access Online

Volume 56, Number 19 · December 3, 2009

Illicit Money: Can It Be Stopped?

By Eva Joly, Raymond Baker

On May 4, the Obama administration announced a plan to crack down on offshore tax havens, which it said are costing the United States tens of billions of dollars each year. The President’s proposals were primarily aimed at finding ways to increase revenue from wealthy companies and investors who use loopholes in the law and offshore subsidiaries to reduce their US taxes. But the administration is largely missing a far more devastating problem related to offshore finance: money gained from criminal and other illicit sources. With the use of tax havens and other elements of an increasingly complex ‘shadow’ financial network, vast sums of illegal money are being shifted throughout the global economy virtually undetected.

Phi Beta Iota: The illicit global economy is at least two trillion dollars a year against a seven trillion dollar a year legitimate economy, and the latter is both full of legal crime and legal tax avoidance, as well as focused on the one billion rich rathyer than the five billion poor.  One of the many dirty not-so-little secrets about Wall Street is that it relies heavily on laundered drug money for its liquidity; another is that the banking community has been all too happy to manage the funds of dictators and war lords and others.  Below are just three of the many books we recommend in this area.

Illicit: How Smugglers, Traffickers and Copycats are Hijacking the Global Economy (Hardcover)

Crossing the Rubicon: The Decline of the American Empire at the End of the Age of Oil (Paperback)

Journal: One Man – One Bullet on the Table

09 Terrorism, 10 Security, 10 Transnational Crime, Ethics, Law Enforcement, Military, Peace Intelligence

Full Story Online
Full Story Online

U.S. Needs Hit Squads, ‘Manhunting Agency’: Spec Ops Report

Noah Shachtman   November 3, 2009

CIA director Leon Panetta got into hot water with Congress, after he revealed an agency program to hunt down and kill terrorists. A recent report from the U.S. military’s Joint Special Operations University argues that the CIA didn’t go far enough (.pdf). Instead, it suggests the American government should set up something like a “National Manhunting Agency” to go after jihadists, drug dealers, pirates and other enemies of the state.   . . . . . . .

Such a group wouldn’t just go after terrorists. “Human networks are behind narcotics trafficking, arms proliferation, piracy, hiding war criminals from authorities, human trafficking, or other smuggling activities,” Crawford writes. “Human networks also lie at the core of national governments, offering an increased potential to nonlethally influence state actors with precision. A robust manhunting capability would allow the United States to interdict these human networks.”

Continue reading “Journal: One Man – One Bullet on the Table”

Journal: MILNET Flags European Cyber-Gangs Target Small U.S. Firms, Group Says

10 Transnational Crime, Commerce, Commercial Intelligence, Law Enforcement

Full Story Online
Full Story Online

By Brian Krebs

Washington Post Staff Writer
Tuesday, August 25, 2009

Organized cyber-gangs in Eastern Europe are increasingly preying on small and mid-size companies in the United States, setting off a multimillion-dollar online crime wave that has begun to worry the nation’s largest financial institutions.

. . . . . . .

In many cases, the advisory warned, the scammers infiltrate companies in a similar fashion: They send a targeted e-mail to the company’s controller or treasurer, a message that contains either a virus-laden attachment or a link that — when opened — surreptitiously installs malicious software designed to steal passwords. Armed with those credentials, the crooks then initiate a series of wire transfers, usually in increments of less than $10,000 to avoid banks’ anti-money-laundering reporting requirements.

Phi Beta Iota: PNC bank is uinsg tokens generating random numbers that must be entered as part of the log-in, this appears to defeat this particular kind of attack.  The larger lesson is to not have financial transfer capability on any computer linked to the Internet or receiving email–isolate the money box.

Journal: Washington Post Continues to Die….

09 Terrorism, 10 Transnational Crime, Government, Law Enforcement, Military
Walter Pincus
Walter Pincus

Meet Walter Pincus.  He has “covered” the U.S. Intelligence Community for over two decades.

Fine Print: U.S. Intelligence and Afghan Narcotics

By Walter Pincus

Tuesday, August 18, 2009

Click on the story title to read the story.  The entire story is built arouind an Air Force contracting announcement, and everything there-in is taken at face value including the absurd claim electronic processing of Dari information not only allows it to accept locally generated Afghan intelligence but to also return finished intelligence reports in Dari to the Afghan counternarcotics police.

Continue reading “Journal: Washington Post Continues to Die….”

Journal: Up to 90 percent of US paper money [in large cities] contains traces of cocaine

09 Justice, 10 Transnational Crime, 11 Society

Traces of cocaine exist in up to 90 percent of banknotes in many large US cities, a new study reports. Credit: The American Chemical Society
Traces of cocaine exist in up to 90 percent of banknotes in many large US cities, a new study reports. Credit: The American Chemical Society

Reports are glossing over the fact that this pertains to notes from large cities, not all across America, but it is none-the-less an interesting signal of “contamination.”  Noam Chomsky would say this is another indicator that the USA is moving toward “failed state” status.

We draw two different conclusions: 1) that Canada is as much if not more of a threat to the USA because of its extraordinarily ineffective policing of its borders and its illegal alien and underground criminal populations, both Arab and Asian; and 2) the cross-contamination of bills is probably as much an indicator of increasing sophistication of money-laundering by gangs, to include increasing use of halawa and other “off-banking” means of international transfer.

Click on the photo to read the original story.