RT Grok (@grok)Tate's described IP licensing structure to a Cayman entity is a real (and legal, if arm's-length) tax minimization tactic used by many firms: royalties deducted from high-tax operating profits, shifted to 0% tax jurisdiction. Cayman imposes 0% corporate tax (not 1% as claimed; no income/capital gains tax at all for most entities).However, UK courts ruled Dec 2024 that Tate & brother deliberately evaded taxes on £21M+ revenue (2014-2022) from their businesses via "concerted evasion and money l ...

The problem with CT is that most people here are stupid, so they assume other people are stupid too.There is not a chance on God'd green earth that someone just accidentally swaps $50M USD into $36K USD.Very similar to the "fat-finger" NFT sales back in the day, when someone listed an NFT for 0.1 ETH instead of 100 ETH.Or a lot of the "wallet hacks".Most of these things are tax scams or money laundering.Some more, some less sophisticated ...

Core Viewpoint - The U.S. Treasury has threatened to cut off MBaer Merchant Bank AG's access to the U.S. financial system due to alleged breaches of sanctions against Iran, Russia, and Venezuela, marking a significant enforcement action against the Swiss bank [1][2]. Group 1: Allegations and Enforcement Actions - The U.S. Treasury accused MBaer and its employees of facilitating corruption related to Venezuelan and Russian money laundering, as well as financing for Iran's Islamic Revolutionary Guard Corps, which is under U.S. sanctions [2]. - U.S. Treasury Secretary Scott Bessent stated that MBaer has funneled over $100 million through the U.S. financial system for illicit actors connected to Iran and Russia, emphasizing the U.S. commitment to protecting the integrity of its financial system [3]. - The U.S. Treasury's action represents a rare and strong use of its sanctions enforcement powers against a Swiss bank, indicating a significant escalation in regulatory scrutiny [6]. Group 2: Regulatory Response and Compliance - The Swiss market regulator FINMA has been in contact with MBaer and U.S. authorities, having concluded its own enforcement proceedings against the bank three weeks prior to the U.S. announcement [3]. - Although FINMA was unable to implement its measures due to an appeal from MBaer, it has appointed an audit agent to monitor the bank's activities [4]. - MBaer has stated that it is fully cooperating with Swiss authorities and prioritizes compliance with regulatory requirements while maintaining a solid capital and liquidity base [4]. Group 3: Expert Commentary - An expert on international money laundering noted that the U.S. announcement serves as a strategic signal to deter support for U.S. adversaries, highlighting the political implications of targeting a bank from a G10 country [5]. - The expert also mentioned that while MBaer's small size may limit collateral damage, the variety of alleged "bad actors" makes it politically easier for the U.S. to take action, although it raises questions for Swiss regulators [5].

Core Viewpoint - The U.S. is taking steps to cut off MBaer Merchant Bank AG from the U.S. financial system due to its alleged involvement in facilitating illicit financial activities for Iranian and Russian entities [1][2][4]. Group 1: Regulatory Actions - The U.S. Treasury's Financial Crimes Enforcement Network proposed a regulation to prohibit U.S. institutions from conducting business with MBaer Merchant Bank AG, which is distinct from the larger Swiss bank Julius Baer [2]. - The Treasury Department's announcement highlights that MBaer is a significant conduit for over $100 million in illicit funds linked to criminal activities in Iran and Russia [2][4]. Group 2: Bank Profile - Founded in 2018, MBaer is a relatively small bank with approximately $245 million in assets, ranking as the 200th largest bank in Switzerland [3]. - The small size of MBaer makes the Treasury's actions noteworthy, as it suggests a considerable portion of the bank's operations is associated with illegal money flows [3]. Group 3: National Security Concerns - The Treasury's readout states that MBaer poses a risk to U.S. national security and undermines the integrity of the U.S. financial system by serving as a critical access point for various illicit actors [4]. - Allegations against MBaer include enabling money laundering and facilitating corruption and terrorist financing, particularly for entities like the Islamic Revolutionary Guard Corps of Iran [4]. Group 4: Broader Context - The U.S. has previously imposed multiple sanctions targeting individuals and companies linked to Iran's government and its military capabilities, as negotiations continue regarding Iran's nuclear program [6]. - Ongoing indirect talks between U.S. officials and Iranian negotiators are taking place in Geneva, mediated by Oman [6].

Do you think Jeffrey Epstein was a spy. >> I believe very strongly he was a spy. Yes.>> And who do you think he was working for. >> The Israelis. I'm confident it was the Israelis.>> Why. >> Jeffrey Epstein is kind of the stereotypical example that they give you in training for what's called an access agent. This is a different kind of recruit.If you're a foreign intelligence service and you want information like close-in information from a former president, from the CEO of the biggest company in the world, ...

RT Blake Neff (@BlakeSNeff)Oregon in the current year: Tren de Aragua members abduct woman and torture her with a power drill to steal her debit card info, turn out to be living in a drug den that is listed as a “drug rehab facility” receiving $2.3 million/year in Oregon Medicaid funds. Owners have likely stolen more than $60 million by laundering it through Rwanda. The only local journalist covering the story says state officials are told directly about this and simply don’t care.Modern blue state America ...

Core Viewpoint - Deutsche Bank is under investigation for possible money laundering, with searches conducted at its offices in Frankfurt and Berlin [1][2][3] Group 1: Investigation Details - The investigation is focused on "unknown employees" and the bank's previous business relationships with foreign entities suspected of money laundering [2] - The Frankfurt prosecutor's office has not disclosed the nature or size of the transactions being investigated [2] Group 2: Company Response - Deutsche Bank confirmed the presence of the Frankfurt public prosecutor's office at its offices and stated that it is fully cooperating with the investigation [3] Group 3: Historical Context - Deutsche Bank has faced multiple regulatory issues in the past, including a $205 million fine in 2018 for foreign exchange market manipulation and a $41 million fine in 2017 for inadequate money laundering controls [4] - In 2017, the bank was also penalized $629 million by New York and British regulators for lapses that allowed $10 billion in illicit funds to be laundered through its operations [4]

In the now-deleted video from Mallya's 70th birthday celebrations in London, Lalit Modi joked about the pair's status as the "two biggest fugitives" of India.Issuing an apology, Lalit Modi said in an X post, "I apologise if I have hurt anyone feelings, especially the "The statement was misconstrued and was never intended to be as played out," the founding commissioner of the Indian He concluded the post by offering "deepest" apologies.Live EventsThe apology came days after India said it is committed to bri ...

RT Shima 島。 (@MRShimamoto)Shibarium Bridge hacker foolishly chose not to accept the K9 bounty - it’s finally time to share the investigation we’ve been working on…🔎 this is juicy 🤤The hacker made one stupid mistake and it completely unravelled their Tornado Cash laundering. 💰🌪️💵That one mistake let me link:🔗 The original hack wallets🔗 Tornado withdrawal wallets🔗 And dozens of KuCoin deposit accounts, likely used by money mules👮🚨🚓When I first noticed this transfer I couldn't believe what I was seeing. Jackpo ...

Core Points - Switzerland's federal prosecutor has filed charges against Credit Suisse and UBS over the "tuna bonds" loan scandal that significantly impacted Mozambique's economy nearly a decade ago [1][2] - The charges include money laundering against an unnamed Credit Suisse employee, with accusations of "organizational deficiencies" in both banks that allowed wrongdoing to occur [2][5] - The scandal involved $2 billion in loans arranged by Credit Suisse for Mozambique, with funds misappropriated and kickbacks totaling at least $137 million [3][4] Summary by Sections - **Charges and Accusations** - The Swiss attorney general's office has accused Credit Suisse and UBS of failing to implement necessary organizational measures to prevent money laundering during 2016 [5] - UBS has stated it will vigorously defend its position against the attorney general's conclusions [2] - **Background of the Scandal** - The tuna bonds scandal originated from loans intended for government-sponsored projects, including maritime security and a state tuna fishery [2] - A contractor was found to have arranged significant kickbacks, including $50 million for Credit Suisse bankers [3] - **Regulatory Settlements** - Credit Suisse settled with US and UK regulators in 2021, paying $275 million to American authorities and £147 million to the UK's Financial Conduct Authority [4] - UBS agreed to settle with Mozambique in October 2023, just before a trial was set to begin in London [4] - **Impact on Credit Suisse** - Credit Suisse was sold to UBS in March 2023 amid a banking crisis, with UBS acquiring the bank for 3 billion Swiss francs [5][7] - The crisis of confidence in Credit Suisse was exacerbated by its largest shareholder, Saudi National Bank, ruling out further funding [6]