Madoff Moved Money to Israel!

Madoff Moved The Money To Israel?
Posted: 2008/12/19
From: Source

Some insiders are saying the amount involved may be closer to $100 Billion.


by Mark Graffis
(Rense)

As more info comes in regarding the Madeoff scheme, news from several sources say that Bernard Madeoff and his clients were the largest bank account holders listed on a computer disk leaked by a Swiss bank worker regarding US persons with hidden Swiss bank accounts.

As the IRS approached him regarding the repayment of taxes from his hidden swiss account, Madeoff reportedly became admamant that his wealth would not be taxed by the US. He also realized that once the swiss records were exposed that his and his client's wealth were also within reach of seizure or judgement by a US court regarding past frauds of him or his clients.

Realizing that he was be certain to arrested on other securities and market making fraud issues in the near future, insiders say that it was at this point he made the decision to just say it was all lost in trading and move it directly to Israel. Insiders also report that he was ready to pay the taxes on the money in Israel but was adamant that taxes in the US would not be paid nor would any of the money be available for US court judgements in subprime, fraudlent trading and misrepresentation charges in the future.

Sources say that most of his and his clients wealth were gained through issuing subprime mortgages to unqualified borrowers and then tranching the mortgages into CDOs and circulating the CDOs among US pension funds including GM, GE, IBM and Califorina's State pension fund. Some of the wealth was also gotten through investments in Vegas housing sub divisions and Miami condo projects at the height of the real estate bubble.

Finally, sources say that the wealth from Madeoff's scam has been fully transfered to Israel and that "most if not all of the clients have been made aware" that their money is available to them in Israel and that it was felt that this was a necessary measure in protecting certain high level clients in the face of a collapse of the USA.

A European bank executive has said early this morning that the Banks involved in Madeoff's fund were exposed through loads and leveraging and that these loans will be repaid in full from Israel.

All of the charities involved have Israeli offices, so they also are of an understanding that their money is now available there.

Sources say that Madeoff has a base in Israel and that he will offer all clients his services there as a continuem to his services in New York.

Speculation has it that he is advising transfer of client's funds into physical gold holdings in coded safety deposit boxes. This advise jives with the notion that the money needed to be taken out of the US on fear of collapsing US dollar and seizure of funds by IRS and courts for frauds committed during the sub prime bubble.

The Swiss bank client leak has caused these banks to no longer be viable avenues for asset concealment.
Madeoff's clients are not just in the US. He has moved funds to Israel for clients in Russia, France, England and Swiss in the scheme in which he is involved.

Some insiders are saying the amount involved may be closer to $100 Billion. #

"Sources", a "swiss bank worker"

Going to need to see a lot more evidence and from someone other than Rense to give it any thought.

TARGETING THE INTERNET IN THEIR CENSORSHIP OF FREE SPEECH, the Jewish organization known as the Anti Defamation League (ADL), has as its latest campaign against ‘Anti Semitism,’ the Bernard Madoff $50 billion dollar swindle. Once again, in its fear of open-discussion regarding Jewish actions & events, the ADL is resorting to labeling as ‘Anti Semitic’ any valid criticisms of Madoff and his multi-billion dollar fraud.

On December 19, 2008, the ADL’s Executive Director Abraham Foxman issued a Press Release titled, Anti Semitism And The Madoff Scandal. Foxman’s opening lines has a typical ADL Internet-censorship agenda:

“Internet users have posted comments ranging from stereotypical statements about Jews and money - from suggesting that only Jews could perpetrate a fraud on such a scale - to conspiracy theories about Jews stealing money to benefit Israel.

The fact that so many of the defrauded investors are Jewish in the Madoff scandal has created a perfect storm for Anti-Semites. Nowadays, the first place Jew-haters will go is to the Internet where they can express their hateful ideas without fear of repercussions.” View Entire Story Here.

Having grown up as a Jew in an upper middle class synagogue, my former co-religionists are quick to call those who (justly) criticize the conduct of Jews: “Anti-Semites.” Indeed, Jews will unabashedly and with impunity criticize targeted Gentiles for being “racists,” “extremists,” “bigots,” “nazis,” & “Christian-rightists.”

Amongst themselves, Jews do not hesitate to use disparaging terms when describing Gentiles, such as: “goys,” “schwartzas” (blacks), “shiksas,” (Hebrew for unclean animals when referring to Gentile women), & “white-bread Gentiles.”

In dissecting Foxman’s censure of Internet users, Foxman is actually bringing forth truths that most Americans are fully aware of: “Jews are indeed the ones most capable of perpetrating a financial fraud on such a scale as Madoff’s,” and that “Jews and money” with their loyalties to Israel regardless of ethical considerations when giving of their largesse, is not at all a conspiracy theory, but proven over and over again by factual occurrences.

For who else runs Wall Street except for the Jewish bankers? Thus a financial fraud will most likely be perpetrated by a Jew. And who else has the bulk of wealth except for the Jews? And thus, “Jews with their money,” along with their bias toward the state of Israel, will funnel their funds to Israel at the cost of America’s interests.

ADL PUBLISHES ‘ANTI-SEMITIC’ INTERNET COMMENTS
IN AN EFFORT TO COMBAT ‘ANTI SEMITISM,’ the ADL recently published ‘Anti-Semitic’ remarks appearing on various mainline Internet sites with regard to the Madoff fraud. What is laughable about the ADL’s efforts is that the comments have such a ring of truth to them that the ADL’s combating of Anti Semitism boomerangs right back in their faces.

Here are a few choice ‘Anti Semitic’ comments with their ring-of-truth which the ADL freely shares with us:


Portfolio.com: “The greed and corruption of the Jews has brought the financial system and the American economy low.”

Huffingtonpost.com: “What’s more shameful are the Jewish charities that Madoff funded. Since the uncovering of Madoff’s scheme, a whole underworld is now exposed. It’s funny how a club can freely be called Jewish and exclusive. If it was any other way it would be again considered racist.”

Forbes.com: “Nice that Madoff could manage to send money to Israel and pass the losses on to US investors.”

Huffingtonpost.com: “Where did all the money that Madoff defrauded so many of go? It must have gone to Money Heaven in an underground vault somewhere in the Negev Desert in Israel.”

Haaretz.com: “How is it that Israeli banks have emerged unscathed when the rest of the world’s economy went into a freefall?”
Dealbreaker.com: “Race and religion does not matter to me - BUT IT MATTERS TO THE JEWS. From early childhood Jews are taught to look at the world in terms of ‘Jew’ & ‘Other.’ Thus there will never be peace in Palestine or any place to which the Jews lay claim. In my experience, the worst thing you can assert to a hardnosed JEW is that ‘everyone is equal.’” View Entire Comments On The ADL Site Here.

Bravo to the ADL! Once again the ADL outdoes itself and offers all of us ‘Anti Semites’ some real truth for a change. And this is the kind of ‘change’ we can really believe in…

http://thisiszionism.blogspot.com/20...i-semites.html


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.. needs more evidence. We'll never see it.

Quote:

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Originally Posted by Cowlesy

"Sources", a "swiss bank worker"

Going to need to see a lot more evidence and from someone other than Rense to give it any thought.

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One Swiss Bank Worker and One Lichtenstein Bank Worker turned-in 90,000 American foreign bank accounts. and over 100,000 European private banks accounts.

It only takes ONE... just ask Madoff

Fire up Megaphone! Wonder if we will be seeing some old friends?

Drudge: Bernie Madoff dead and in hell

Ponzi schemer Bernie Madoff dies in prison at 82
April 14, 2021
NEW YORK (AP) — Bernard Madoff, the infamous architect of an epic securities swindle that burned thousands of investors, outfoxed regulators and earned him a 150-year prison term, died behind bars early Wednesday. He was 82.

Madoff’s death at the Federal Medical Center in Butner, North Carolina, was confirmed by his lawyer and the Bureau of Prisons.
Last year, Madoff’s lawyers unsuccessfully asked a court to release him from prison during the coronavirus pandemic, saying he suffered from end-stage renal disease and other chronic medical conditions.
One of those lawyers, Brandon Sample, said on Wednesday it was believed Madoff died from natural causes related to his failing health.

For decades, Madoff enjoyed an image as a self-made financial guru whose Midas touch defied market fluctuations. A former chairman of the Nasdaq stock market, he attracted a devoted legion of investment clients — from Florida retirees to celebrities such as film director Steven Spielberg, actor Kevin Bacon and Hall of Fame pitcher Sandy Koufax.

But his investment advisory business was exposed in 2008 as a Ponzi scheme that wiped out people’s fortunes and ruined charities. He became so hated he wore a bulletproof vest to court.

Madoff raised his profile by using the expertise to help launch Nasdaq, the first electronic stock exchange, and became so respected that he advised the Securities and Exchange Commission on the system. But what the SEC never found out was that, behind the scenes, in a separate office kept under lock and key, Madoff was secretly spinning a web of phantom wealth by using cash from new investors to pay returns to old ones.
For decades, Madoff enjoyed an image as a self-made financial guru whose Midas touch defied market fluctuations. A former chairman of the Nasdaq stock market, he attracted a devoted legion of investment clients — from Florida retirees to celebrities such as film director Steven Spielberg, actor Kevin Bacon and Hall of Fame pitcher Sandy Koufax.
apnews.com/article/bernie-madoff-dead-9d9bd8065708384e0bf0c840bd1ae711


Related

Bernie Madoff's $100,000 American Express monthly bill now available!

Israeli Nonprofits, Shaken by Madoff Scandal, Regroup
nytimes.com › World › Middle East
Apr 4, 2009 — Bernard L. Madoff's Ponzi scheme created losses in Israel amounting ... Study of Philanthropy in Israel at the Hebrew University of Jerusalem, ...

Quote:

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Originally Posted by enhanced_deficit

Drudge: Bernie Madoff dead and in hell

Ponzi schemer Bernie Madoff dies in prison at 82
April 14, 2021
NEW YORK (AP) — Bernard Madoff, the infamous architect of an epic securities swindle that burned thousands of investors, outfoxed regulators and earned him a 150-year prison term, died behind bars early Wednesday. He was 82.

Madoff’s death at the Federal Medical Center in Butner, North Carolina, was confirmed by his lawyer and the Bureau of Prisons.
Last year, Madoff’s lawyers unsuccessfully asked a court to release him from prison during the coronavirus pandemic, saying he suffered from end-stage renal disease and other chronic medical conditions.
One of those lawyers, Brandon Sample, said on Wednesday it was believed Madoff died from natural causes related to his failing health.

For decades, Madoff enjoyed an image as a self-made financial guru whose Midas touch defied market fluctuations. A former chairman of the Nasdaq stock market, he attracted a devoted legion of investment clients — from Florida retirees to celebrities such as film director Steven Spielberg, actor Kevin Bacon and Hall of Fame pitcher Sandy Koufax.

But his investment advisory business was exposed in 2008 as a Ponzi scheme that wiped out people’s fortunes and ruined charities. He became so hated he wore a bulletproof vest to court.

Madoff raised his profile by using the expertise to help launch Nasdaq, the first electronic stock exchange, and became so respected that he advised the Securities and Exchange Commission on the system. But what the SEC never found out was that, behind the scenes, in a separate office kept under lock and key, Madoff was secretly spinning a web of phantom wealth by using cash from new investors to pay returns to old ones.
For decades, Madoff enjoyed an image as a self-made financial guru whose Midas touch defied market fluctuations. A former chairman of the Nasdaq stock market, he attracted a devoted legion of investment clients — from Florida retirees to celebrities such as film director Steven Spielberg, actor Kevin Bacon and Hall of Fame pitcher Sandy Koufax.
apnews.com/article/bernie-madoff-dead-9d9bd8065708384e0bf0c840bd1ae711


Related

Bernie Madoff's $100,000 American Express monthly bill now available!

Israeli Nonprofits, Shaken by Madoff Scandal, Regroup
nytimes.com › World › Middle East
Apr 4, 2009 — Bernard L. Madoff's Ponzi scheme created losses in Israel amounting ... Study of Philanthropy in Israel at the Hebrew University of Jerusalem, ...

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Too bad he died. He could have been the US version of Navalny. All the same qualifications.