theft

Who is the New Billionaire!?

Submitted by Pablo on Wed, 10/31/2018 - 14:22

Sovereign wealth entities are the fastest way to incredible wealth these days, as we have discussed. There is a suggestion that billions held for the benefit of the Libyan people, from Libya's killed Muammar Gaddafi's hoard, is missing. Billions missing in Belgium? Well, time will tell, as those in Belgium say it is not so.

Read: Billions missing from frozen Gaddafi accounts in Belgium - reports

Someone has that money. Is it you?

And people trust government...

Teller of the Year Goes to...

Submitted by Pablo on Tue, 10/16/2018 - 05:27

Banks are supposed to have all of these compliance controls, but like most things money related, if you have enough there seems to be a way to circumvent. Unless, the lowly teller in a branch is doing their job...perhaps the only one doing their job.

"The teller saw the balance of $500 million in the account and alerted her superiors who realized that three weeks prior, officials at the central bank of Angola had transferred $500 million to a small accounting company in a rough London neighbourhood that is run out of a tiny office between a cafe and barber shop."