Anonymous ID: 343c46 March 21, 2019, 5:42 p.m. No.5818606   🗄️.is 🔗kun

Media Blackout as Israel’s Largest Banks Pay Over $1 Billion in Fines for US Tax Evasion Schemes

 

WASHINGTON — Israel’s three largest banks — Hapoalim Bank, Leumi Bank and Mizrahi Tefahot Bank — have all been ordered to pay record fines, which collectively are set to total over $1 billion, to the U.S. government after the banks were found to have actively colluded with thousands of wealthy Americans in massive tax-evasion schemes.

 

The scandal, though it has been reported on in Israeli media, has garnered little attention in the United States. The media black-out has been so surprising it was even directly mentioned by the Times of Israel, given that similar revelations about other banks and offshore tax-evasion schemes — such as those contained within the Panama Papers — led to global protests and even the resignations of some world leaders.

 

The settlements are the end result of a series of Department of Justice (DOJ) probes that were related to the DOJ’s 2007 investigation targeting UBS AG, Switzerland’s largest bank. The focus of the probe turned to Israel a few years later in 2011, when it was determined that the Swiss subsidiaries of several of Israel’s largest banks had actively aided Americans seeking to launder their money.

 

As the probes advanced, the DOJ found that the three banks — Israel’s largest when ranked by net income and total assets — had a history of collaborating with wealthy Americans in tax evasion schemes, not just in their Swiss subsidiaries but in Israel as well. Most of those wealthy Americans were Jewish Americans or dual U.S.-Israeli citizens who hid their U.S. citizenship from the Israeli banks.

 

A year after the probes into Leumi, Hapoalim and Mizrahi Tefahot were made public, the U.S. State Department notably listed Israel as a “major money laundering country… whose financial institutions engage in currency transactions involving significant amounts of proceeds from international narcotics trafficking … or other serious crime.”

 

https://www.blacklistednews.com/article/71727/media-blackout-as-israels-largest-banks-pay-over-1-billion-in-fines-for-us-tax-evasion.html

Anonymous ID: 343c46 March 21, 2019, 5:54 p.m. No.5818811   🗄️.is 🔗kun   >>8824 >>8857

>>5818661

Chinese making clones of Toots now

 

China Announces Kitty Clones Coming in March 2019

 

While the scientist who reportedly created the first gene-edited babies sits locked up under house arrest in an undisclosed location, other Chinese researchers are hard at work making clones of pets for fun and profit. Did you get a cute kitten for Christmas? Would you like a few (or a few hundred) more in case it runs away? Got $55,000? A company in Beijing announced its first batch of kitten clones will be ready in March 2019 and it’s looking for new customers. Are they getting their funding from a kitty litter manufacturer?

 

“This project is unlikely to be of great scientific interest, but we see great potential in it for the PCR cloning market.”