17 November 2017

Excellent Reporting > Tyler Durden @ Zero Hedge

Take-Away from an article today: If it ain't yet public, you won't get a response
After Slamming Bitcoin As A Money Laundering Tool, JPMorgan Busted For Money Laundering
by Tyler Durden        Nov 17, 2017 5:17 AM
It took five months but . . . Score one for the poetic irony pages.
Two months after JPMorgan CEO Jamie Dimon lashed out at bitcoin, calling it a "fraud" which is "worse than tulip bulbs, warning it won't end well", will "blow up" and "someone is going to get killed" and threatened that "any trader trading bitcoin" will be "fired for being stupid" as it was merely a tool for money-laundering, today Swiss daily Handelszeitung reported that the Swiss subsidiary of JPMorgan was sanctioned by the Swiss regulator, FINMA, over money laundering and "seriously violating supervision laws."

. . . JPMorgan was actively aiding and abeting criminal money laundering.
The report further notes, the Finma decision was issued on June 30 and should have been published the following week but JPMorganm tried to prevent the publication of the judgment.


Unfortunately, JPMorgan also said that it can’t, or rather won't, provide further details since the Finma resolution from June 2017 isn’t public.
READ MORE > http://www.zerohedge.com.
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Related content:
Wall Street Looting: Will JPMorgan Chase Be Held Accountable for Money Laundering “Lapses”?
By Tom Bernhardt Global Research, January 13, 2013
As a sop to outraged public opinion over Wall Street’s looting of the real economy, criminal banksters are coming under increased scrutiny by federal regulators.
Scrutiny however, is not the same thing as enforcement of laws such as the Bank Secrecy Act and other regulatory measures meant to stop the flow of dirty money from organized crime into the financial system.
Link > Global Research

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