Know More News - Adam Green - Israeli Bank BUSTED in Tax Evasion Scheme!

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May 16, 2019 - Know More News - Adam Green

17:46

Israeli Bank BUSTED in Tax Evasion Scheme!

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	Adam Green here with no more news.
	It's May 16th, 2019.
	Headline out of the Times of Israel from a few days ago on the 13th.
	Major Israeli bank to pay 195 million penalty for U.S. tax avoidance scheme.
	Mizrahi Tefahat, one of the three largest banks targeted by Justice Department for helping U.S. citizens avoid paying taxes by stashing their assets in offshore accounts.
	Check out this story, guys.
	It's one of the largest banks.
	They agreed to pay 195 million for helping U.S. citizens avoid paying taxes, stashing their accounts, their assets in offshore accounts, officials said Tuesday.
	These two uh this bank and their two subsidiaries acknowledged guilt on Tuesday, and they deferred prosecution agreement with the Department of Justice filed in California.
	This bank is Israel's third largest, it has 4,000 employees and a Los Angeles branch for all those uh Hollywood.
	In court documents, Ms. They acknowledged that from 2002 until 2012, it conspired with U Oh conspiracy theory, not a theory.
	They conspi with U.S. clients to avoid taxes on assets and securities and opening and maintaining offshore accounts under false or code names or through foreign entities.
	Very duplicitous.
	The bank agreed to pay the government 53 million in restitution plus the 24 million in fees it earned from the transactions and a hundred and eighteen million fine.
	Wow, 24 million on in fees on 53 million?
	That's a lot.
	In August, the bank said it rejected a 342 million offer by the U.S. Justice Department to settle the investigation.
	So they had an offer, the plea deal essentially, that they could have done 342, but they denied it, and then now they had to pay 595.
	So it caught up with them.
	Until then, the bank had set aside some 45 million to cover a potential settlement with the U.S. authorities.
	Okay, that's one story out of Times of Israel.
	And this one's out of Hiritz, it has some different details, but I want to show you guys here.
	You Google this, Israeli's third largest bank.
	All you get is no American news agencies covered this.
	You got Horitz, UK routers, rooters, JTA, forward Jewish Week Jewish News, Israeli National News, and then you can go on through down the list.
	No mainstream media that I saw in America covered it.
	Interesting.
	They don't want you to know, apparently, about our greatest ally doing some dirty dealings.
	Israel's third largest bank, here we'll just skip down to the highlighted points.
	The U.S. regulators outsize power.
	So in this agreement in a cop is this an agreement an accomplishment for the bank or for U.S. regulators.
	This part's interesting.
	Contrary to expect expectations within the Israeli financial and legal establishment, U.S. President Donald Trump's administration has not led up on the tax evasion investigations of its predecessors, the Obama administration.
	So they had expectations.
	The Israelis had expectations that their man Trump would get into office and that they would be let off the hook, or they would just get a tiny slap on the wrist.
	And I'm surprised they didn't, but that could be because the State Department or the Department of Justice still has some Obama holdovers.
	I've heard that uh excuse for a lot of things, so that could be the explanation behind that.
	And the other notable thing here is the CEO who cost 100 million because they decided to not take the first agreement and then they had to pay more penalties.
	And it says uh they don't have any this bank, it should not be proud of the agreement.
	It had fewer customers suspected of tax evasion by tens of percentage points compared to Loomi, which paid a 270 million fine at the end of 2014.
	So I'm noticing a pattern.
	This isn't the first time.
	Lumi, which is uh the second largest bank, had to pay 400 million in US New York tax probes, and that's in 2014.
	So this seems to be a trend happening.
	The bank Lumi agreed to pay 400 million and it admitted to helping American clients evade taxes again for decades.
	They just keep doing it until they get caught, and they'll probably continue to keep trying to do it.
	And just imagine if this was an Iranian bank or any other country's bank that uh is on the enemy's list of the Zionists in power.
	It would be all over the news.
	They would be doing sanctions.
	There would be huge penalties.
	The banks would be kicked out.
	It would be way worse.
	It would be way worse.
	You know it.
	You and I both know it.
	So notably, the agreement does not include a clause demanding the CEO Eldad Fresher step down.
	And that could be because he didn't start managing the bank until 2013.
	But again, is nobody no uh no bosses, no CEOs or executives are being held responsible for this.
	They just have to pay the fine, which you know, banks make billions of dollars, so this fine is really nothing.
	It appears likely that the bank's battle with the Department of Justice over the exact wording of the agreement cost it a significant sum.
	So their their arrogance got them, their greed got them.
	The bank share price, and this is shocking.
	You'd think the banks, the bank would uh the share price would go down.
	Nope.
	The bank's share price jumped 7.4% in one day in trade on Wednesday on unusual high turnover of a hundred million shekels.
	So everybody was buying this stock, even though it was in big trouble in the news.
	Five times its daily average.
	Incredible.
	Incredible story.
	So um, you know, Trump has his own tax problems in the news this week.
	This is New York Times.
	Decade in the red.
	Trump tax figures show over one billion in business losses.
	Well, we've it's been well documented that he had huge financial losses.
	He was four billion in debt in the in the early 90s, and they say here tax information reveals that from 1985 to 1994, Trump's businesses were in far bleaker condition than was previously known.
	And this is a huge article, but we'll scroll down to the bottom of this graphic here.
	It shows all his losses from 1985 to 1995.
	And important to note here that who bailed him out?
	None other than Wilbur Ross, who once bailed out Trump in Atlantic City and is now his pick for commerce secretary.
	So the man that bailed out Trump from all this uh bankruptcies, Wilbur Ross, is now rewarded with commerce secretary position in charge of all the commerce for the United States.
	And then Ross embarked on a strategy that helped Trump avoid a personal bankruptcy that could have derailed his unlikely trajectory from real estate mogul to real to reality television star to president elect.
	So he was billions in debt, he was a made man, and he was uh bailed out by Ross, Wilbur Ross, who was then an investment banker working for Rothschild Inc.
	Rolls Child, helped bondholders negotiate with Trump whose finances were unraveling.
	Another uh lawyer that was involved with this bankruptcy uh settlements said that Trump's name was an asset.
	He was their their pitch man, a front man that was valuable to them.
	The name was valuable.
	And the Rothschilds bailed him out.
	Remember the Rothschilds are the founders of Israel, essentially.
	As a longtime head of Rothschild and Company's bankruptcy advisory business in New York, he helped dictate the outcomes of big bankruptcies and saved their man.
	Ross spared Trump when he was heavily in debt, and uh let's why, and this is Ross, why did we make a deal with him?
	Ross insisted that Trump was worth saving.
	Quote, the Trump name is still very much an asset, he said.
	Trump is an asset of the Rothschilds, not a stretch at all.
	There they are together.
	Trump said when he hired him as a nominated him as uh commerce secretary.
	This guy's a killer, he's a killer.
	And all the other uh bankers, Goldman Sachs, uh, Gary Cohn and others, they were all they're all uh part of this financial cabal.
	So this tax steam this tax uh evasion scheme is very duplicitous, it's very dishonorable, greedy, sneaky, deceptive.
	It's uh it's anti American, not paying their fair share like everybody else has to pay, think because they have this dual national dual nationals are allowed to uh do this with banks.
	I don't think it was Americans, uh Christian Americans that were caught doing this.
	And all these terms, though, to use to describe this are uh it's considered anti-Semitism.
	You go to USDpartment of state.gov website defining anti-Semitism and read here that you're not allowed to make stereotypical allegations about Jews.
	So if they have stereotyp uh allegations from thousands of years all around the world, these tropes, in other words, cliches that uh they gained a reputation for doing greedy, sneaky, you know, those kind of things.
	We're not allowed to say those kind of things because they will say it's anti-Semitic.
	And now they just passed this and the same definition of anti-Semitism, the first state to pass it, Florida passes anti-Semitism bill for public schools.
	It's already been in the language of many other bills as well, including the 2017 bill, the European anti-Semitism uh actor bill, and that includes all of the same language that was created by the International Holocaust Remembrance Alliance.
	That's who uh we're letting the it's like letting the king dictate to the serfs what they're allowed to criticize him about.
	It's insane.
	And another financial scheme that I wanted to share with you guys is not from the third largest bank in Israel, it's a scheme to build the third temple in Israel.
	So their Messiah can can come and they can rule the world according to their prophecies and rule over the non-Jews as slaves.
	Sickening ideology, sickening supremacist ideology, and anytime we talk about it, we're censored, we're called anti-Semitic, of course, and they say you're a white supremacist, even though you espouse no supremacist views whatsoever, and there they clear supremacy.
	So here we are.
	Here's this this uh scheme to rebuild the third temple.
	Hello, shalom from Jerusalem, Israel.
	My name is Shannon Ziderman, director of the Temple 3 Foundation.
	The Temple Theory Foundation is the world's first decentralized cryptocurrency with the unique vision and working plan of raising the funds towards the future construction of the third temple here in Jerusalem, Israel.
	Now I want to mention this is a crypto scheme to raise money for the temple, and I've already covered extensively that Israel is is experimenting with a crypto shekel.
	They're also dominating in blockchain technology.
	So this whole crypto thing, just recently, the uh Coinbase, the top coin uh Bitcoin wallet holder, the CEO says that he thinks it's going to replace the the Federal Reserve as the world currency.
	And just recently, there was a congressman in Congress introducing a bill to ban cryptocurrency because he was saying, Oh, they're gonna take over our power, they're gonna take over the petrodollar, the uh having it be the world reserve currency, we're not gonna be able to sanction countries.
	And it was almost so over the top uh that uh this this congressman trying to ban it that it made everybody go out and buy crypto bitcoin.
	Bitcoin went up to highest levels since forever.
	It doubled in price essentially, and it's almost like a reverse psychology.
	Oh, don't do this, don't do this, pushing everybody, driving everybody over there.
	So that's just my you know skeptical brain working, but we'll continue.
	As you know, the second temple built by King Solomon was destroyed two thousand years ago.
	Jews and Christians from all over the world are waiting of the coming of the Messiah in order to rebuild another lie.
	Jews and Christians are waiting for the Messiah.
	We know good and well that the Messiah that they're waiting for is a different Messiah than Jesus.
	They're waiting for Moshiach, their Messiah.
	They rejected Jesus 2,000 years ago, and they're still waiting for their Messiah, who will be anointed, not divine, it will be an actual man, a m powerful military leader that will lead them to redemption and and destroy their enemies and the whole world must bow to them.
	And we're gonna look up uh the the congressman that wants to ban crypto.
	Here's here's that story.
	We'll see if the video plays up.
	Why respected congressmen's call to ban Bitcoin and all crypto assets will never fly.
	It's almost reverse psychology that they want you to go over to crypto.
	So it could be the mark of the beast, the world currency in control by the cybersecurity experts in Israel.
	And watch my video, Benjamin Netanyahu's plan to rule the world through advanced technology.
	The third temple under the kingdom of God.
	In our initial coin offer, the ICO, we will be offering 5.5 million tokens at the initial price of $18 per token.
	$18 per token.
	666 equals 18.
	Nearly 100% of the funds will be preserved by trustees for the important purpose.
	Our goals are to raise a total sum of 100 million dollars.
	And we know today that we will raise at least 50% of our target by the mid-2018.
	At this early stage, we are offering you a unique opportunity to take the action part in the funding of the future third temple.
	Join us in our global faith in God's vision.
	Only with your support and your faith in God, we will rebuild together the token to succeed.
	Join us in our website, Temple3.com.
	This will be the first step towards the reconstruction of the future third temple in Jerusalem, Israel.
	Okay, and there's another scheme to rebuild the temple, and that is uh they're selling Trump coins, Trump coins with Trump on Trump and King Cyrus from Persia on one side, who helped um who allegedly helped them rebuild the second temple.
	And uh Jim Baker, televangelist Jim Baker is selling the Trump coin for $45 and calls it a point of contact with God.
	And this Trump coin has the temple on the other side, Trump, Trump on the front.
	It's called the Temple coin, and the proceeds are going towards rebuilding the temple.
	And just today, our Israeli ambassador was in the news saying that Israel is on the side of God.
	On the side of God.
	So if Israel is on the side of God, where does that put anybody else that's not that's opposed to Israel, that's not on board with this Zionist agenda.
	If they're the holy ones, if they're chosen and they're enemies, what does that make their enemies?
	This little trick that they play, God is on our side.
	So Satan and the devil is on your side, and we get to do whatever we want because we're the moral upright ones.
	We have the moral high ground.
	Interesting how that works.
	Okay, guys, that's all for now.
	I'm Adam Green with No More News.
	For more on the anti-Semitism czar and the anti-Semitism definition, tech check out my video, anti-Semitism Czar Press Conference Analysis.
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