Tag: Further Reading

Works of art have long been identified, and sometimes even romanticized, as ideal ways for racketeers to launder money. There’s a thread of logic here: the art world typically accommodates those that want to anonymously buy high-dollar paintings, and on top of that, the industry allows large cash deals. For those looking to launder money, it’s difficult to conjure up a more attractive set of circumstances than those. There also seems to be plenty of instances where art has played…

INTRODUCTION The Roseto Mystery “THESE PEOPLE WERE DYING OF OLD AGE. THAT’S IT.”out-li-er\-,li(-9)r\ noun something that is situated away from or classed differently from a main or related body a statistical observation that is markedly different in value from the others of the sample 1. Roseto Valfortore lies one hundred miles southeast of Rome in the Apennine foothills of the Italian province of Foggia. In the style of medieval villages, the town is organized around a large central square. Facing the…

Video: TedX talk by Gigi Foster in Australia, October 2024

Biden administration policy-makers hated you more than you knew. From the start of the Covid pandemic, I warned that the feds were vilifying anyone who failed to kowtow to the latest commands. In October 2023, I wrote: “Federal bureaucrats heaved together a bunch of letters to contrive an ominous new acronym for the latest peril to domestic tranquility. The result: AGAAVE—’anti-government, anti-authority violent extremism’—which looks like a typo for a sugar substitute. The FBI vastly expanded the supposed AGAAVE peril by…

United States President Donald Trump’s tariffs have roiled financial markets globally. But while Trump’s trade salvoes have sent stock markets on a rollercoaster ride, it is the turmoil in the bond markets – specifically the fall of bonds in tandem with stocks – that has prompted the most concern among economists. What are bonds? Bonds are a type of investment that involves the buyer lending money to a government or corporation for a specified period. In return for their investment,…

As archived here. History of Racism Louis Agassiz Louis Agassiz (1807-1873) was a Swiss-born natural scientist, a professor of zoology and geology in the predecessor of the Harvard School of Engineering and Applied Sciences, and a prominent supporter of racial segregation and white supremacy. Agassiz was educated and spent his early career in Western Europe (Irmscher, 2013, p. 41-84). He began his scientific career cataloguing fish fossils, work for which he would later win the Wollaston Medal, the proto-Nobel Prize (Irmscher,…

Video: The asset-management giant BlackRock, which has invested huge amounts in Russian state-owned energy and banks, and which is also invested in rebuilding Ukraine, is now buying property that will give them control over 43 ports in 23 countries, including the ports of Balboa and Cristobal, located at either end of the Panama Canal. Other ports are in Mexico, the Netherlands, Egypt, Australia, Pakistan and elsewhere.

LONDON – London’s Metropolitan Police force said on Dec 6 that it had used facial recognition technology to make more than 500 arrests in 2024 for offences ranging from shoplifting to rape. The force uses live facial recognition in specific areas of the UK capital, positioning a van equipped with cameras in a pre-agreed location. The cameras capture live footage of passers-by and compare their faces against a pre-approved watchlist, generating an alert if a match is detected. Civil liberties…

TORONTO — The more than US$3-billion settlement TD Bank Group has reached with U.S. regulators for its failures to oversee money laundering risks has underlined what some say are relatively weak enforcement options in Canada. Denis Meunier, president of DMeunier Consulting Inc. and a former deputy director of Fintrac, said fines in Canada have to increase significantly to provide adequate deterrence and not become just a cost of doing business. He says the federal government should add substantial fines for…

Canada-based financial institution TD Bank has announced its agreement to pay over USD 3 billion, pleading guilty to criminal charges related to money laundering in the US. As detailed by regulators, the fine follows TD Bank’s failure to appropriately monitor money laundering by drug cartels and other criminals, allowing them to transfer hundreds of millions of dollars in unlawful funds. In addition, the bank did not enforce sufficient defences against money laundering for nearly 10 years. It did not efficiently…