When the American Financial Group swindle was allowed to continue unabated with the full knowledge and blessings of the U.S. Justice Department from 1997 to 2001 it was by no accident. During this time they knew dozens of Canadian, German, American, and Saudi investors would lose over $100 million. The decision to do nothing was in fact a deliberate one. As a former executive of AFG and as a former federal agent myself, and as a former employee of the U.S. Justice Department, I know full well that the phone bills and box of financial records I gave to FBI SA M.B. in 1996 was in fact as he said in his 302 report “actionable evidence”. I also know that MB was looking forward to making arrests and wanted to stop the bleeding. Others in Washington however were more concerned about keeping the laundromat open.
There are dozens of little private IB boutiques just like AFG all over the world. Their primary mission is to move and launder millions every month in corruption and drug monies. They clean the money by using it to purchase unregistered or restricted shares of mostly small-cap companies traded on NASDAQ. Too many people have been washing their money like this ever since George H. Bush introduced Regulation S and source declarations of PE funding exemptions from U.S. Treasury Department and IRS statutes that require verifiable declaration of sourcing on any and all cash transactions exceeding $10,000. Why are Wall Street players exempt?
Ask these people whose name appeared in the notorious Hitz Report on Capitol Hill following the Iran Contra scandal of 1984…
Abramowitz, Morton I. (259 310 337 473 1081 1086-91)
Abrams, Elliott L. (166 333 597 819 1086 1091)
Aguado, Marcos Antonio (239 273-86 365 776 1034 1050 1058 1095)
Alpa Airlines (228 287 295 364)
Amador, Carlos Alberto (436-60 1033)
American Freedom Fighters Association (585)
Andreae, Charles N. III (Chip) (1100)
Andrews, Duane R. (583)
Arana Garcia, Jose Arnoldo (Frank) (608-19)
Arcos, Cresencio S. (575)
Arguello Galo, Bergman (623 625 639-42 650)
Aronson, Bernard W. (575)
Atha, Paul (C3 5-6 9-10 12-3 15 20-1)
Atlas Aviation (894-5)
Aviles Saenz, Francisco (352 354)
Avirgan, Tony (485 513 A5 E1 2-9)
Bell, Griffin B. (50)
Bermudez, Enrique V. (165 167 177-8 182 537-49 574-5 652 654 659)
Berry, Steven K. (236 1098)
Betzner, Gary Wayne (765-6 774-5)
Blandon, Danilo (658)
Blandon, Jose I. (369)
Bolanos, Jose Orlando (461-79)
Boren, David Lyle (D-OK) (474 1117-8)
Borge, Tomas (C2 4 6 9-10 14-8 20 22 26)
Bradley, Bill (D-NJ) (1114 1140-1)
Brautigan, Fernando (179-80 191)
Bruemmer, Russell J. (529)
Buckman, Robert (242 261 582 957 1107)
Bush, George H.W. (1074 1081 1084)
Bustillo, Juan Rafael (1055 1061)
Bustillos, Jacinto (C11)
Caballero, Alfredo (829-32)
Cabezas Ramirez, Carlos Augusto (678-81 683-4)
Calero, Adolfo (165 530-6 816)
Calero, Mario Jose (164 550-9 891)
Calvo, Carlos (349)
Campbell, Norman (191)
Cardenal, Francisco (Chicano) (623)
Cardenal, Jose Francisco (620-3 630-8)
Carlton Caceres, Floyd (770 829)
Casey, William Joseph (25 57 64)
Castillo, Celerino III (1026-31 1047 1063 1065)
Castro, Frank (Eulalio Francisco) (429 431 434 759-61 781 788 B1 2-22)
Castro, Raul (C19)
Cesar, Alfredo (251 327 334 399-407 409 426)
Cesar, Octaviano (239 327-39 407)
Chamorro, Adolfo (Popo) (66 118 203 208 213 226 238 243-63 323 387-8 1095)
Chamorro, Edmundo Jose (340-5)
Chamorro, Fernando (El Negro) (346-58 375 430 627)
Chamorro, Roberto (Tito) (213 264-73)
Chanes, Francisco (Paco) (431 482 484 487-9 B20)
Chase, Gary (100 104 522 714 717-8)
Christic Institute (E4 5 9)
Cinquegrana, A. Rick (65 76 82-4 87 89-91 99 105 G14)
Civilian Military Assistance (488 A3)
Clarke, George W. (81 93 98)
Clarridge, Duane R. (Dewey) (150 1125 1133 C27)
Coalition for a Free World (625)
Cohen, Edmund (74 78-80 86 92 97 101 103)
Cohen, William S. (R-ME) (474 493)
Coronel, Carlos (629)
Correa, Frank (860-1)
Corvo, Rene (428-35 512 762-3 782 B10 11-2 17-8)
Crespou, Enrique (314 316)
Cruz, Arturo Jose (629)
Davila Membreno, Jose (231 408-22)
Diacsa Company (801 829-33)
Diaz, Carlos (C8 11)
Diego, Wycliffe (A4)
Doherty, David P. (66 263)
Donnelly, William Franklin (873)
Dorn, Alvin K. (527 797 957-8)
Downs, Alan (181 194)
Duemling, Robert Werner (802 804 864 890 1100)
Dupart, Louis H. (117 128-9 237 422 492-3 515 523 616 793 870 877 884 942 1100-3)
Duran, Gerardo (203 208 213 228 248 250 255 278 287-311 321 446 498 776 1099)
Dykstra, James (419-20 957 1141-2)
El Paso Intelligence Center (854 1019)
Escobar Gaviria, Pablo Emilio (C18)
Espinoza Castro, Ricardo Roberto (440-1 443)
Espinoza Rodriguez, Alcides (177 179 192)
Esquivel, Alberto (769)
Evans, Mark (82-3 89)
Ewart, Max (394 396-8)
Fagoth, Stedman (184 584-93 A4)
Fernandez, Joseph F. (529)
Fernandez, Ubaldo (806)
Fiers, Alan D., Jr. (240-2 262-3 285-6 338-9 412-22 434-5 494 598 618-9 795-8 804-5 1108-11)
Frigorificos Puntarenas Company (480-2 486 801 806-14)
Frixone, Donaldo (859 987-8 996-1003)
Galil, Amac (Per Anker Hansen) (E1 2)
Gardner, Norman Homer, Jr. (582 1129)
Gates, Robert Michael (30-1 116-7 123-4 141 259 310 378 940-3 1068 1081 1086 1090-1 1137-8)
George, Clair Elroy (30 116 852 938-9 942)
Giza, Richard M. (583 866 890)
Golden, John (1129)
Gomez, Ivan (pseudonym) (661-728)
Gomez, Julio (611-2)
Gomez, Martin Alberto (987-8 1008-11)
Gomez, Martin Horatio (987 1004-7)
Gonzalez, Sebastian (Guachan) (320 343 359-78)
Grasheim, Wally (1030)
Gregory, Hayden (995)
Gries, David D. (796 957 1106-7)
Guerra, Manuel Enrique (Pillique) (302)
Haas, Joseph (859 987-95)
Hall, Keith R. (957)
Hathaway, Gardner Rugg (Gus) (493)
Healy, Marta (332)
Helgerson, John L. (1092 1113 1122 1143-7)
Herman Hernandez, Roger (594-602)
Herreros, Alberto Prado (839 854 858-9)
Herreros, Stephen (987-8 1019-21)
Hidalgo, Gerardo (361 363)
Hodgson, Jenelee (393-8)
Holliday, David (582 888 956-7 1131)
Holmes, Sven (474 957-8 1069 1092 1143-4)
Hondu Carib Company (801 891-904)
Honey, Martha (485 513 685 E1 2-9)
Hoocker Coe, Edwin (179-81 193-4)
Houston, Lawrence Reid (42)
Hudson, Emery (191)
Hull, John Floyd (275 482 508 513 756-99 1100 1103 1112 A4 E4)
Hyde, Alan (Mariscos Hybur Company) (913-61)
Hyde, Shipping (919)
Ibarra Pasos, Jaime (Pachelli) (320)
Inter-American Defense College (537)
International Center Development Policy (A11 17-8)
Jameson, W. George (936-7 1100)
Jerez, Alvaro (409)
Kapasar, Randy (1031 1063)
Kerr, Richard J. (C26)
Kerry, John Forbes (D-MA) (434-5 486 764 770 799-800 1101 1117-22 1144)
Kozak, Michael G. (575)
Latimer, Thomas K. (956 1099)
Lau, Ricardo (El Chino) (177-80)
Lawton, Mary C. (83)
Lehder Rivas, Carlos Enrique (B19 C18)
Letona, Mauricio (859 987 1016-8)
Lett, John (858)
Lugar, Richard Green (R-IN) (800 1101)
Makowka, Bernard (72-3 79 85 89 91 95-6 101-2)
Manglapus, Raul S. (A15 16-8)
Mariscos Hybur Company (913-61)
Markair, Inc. (909-12)
Martinez, Hugo (1028)
Martinez Gutierrez, Gerardo (179-80)
Martinez Saenz, Harold (225 423-7)
Matta Ballesteros, Juan Ramon (613 815 817 819-20 825)
Mayorga, David (228 233 278 280 298 322 443-4 526 810 830)
McCall, Richard (1100)
McCavitt, John J. (1030 1047)
McMahon, John Norman (125 254 308 1093 1135)
Mendieta Chaves, Guillermo (177-8)
Meneses, Norwin (El Perico) (282 353 355 652-4 659)
Messick, Richard (1100-2)
Milian Rodriguez, Ramon (806 808 811-2)
Miranda Jaime, Enrique (282)
Montealegre, Franco (C14)
Morales, George (14-5 38 208 212-6 246-7 250 253-4 269 278 328-32 498 773 776 798 1084 1094)
Moss, Frank (891-904)
Munkel, Tuto (365)
Murillo Escobar, Rolando (Jose) (625 645-6)
Nelson, Steve (HPSCI) (583)
Nicaraguan Humanitarian Assistance Office (556 559 802-4 816 864)
Noriega, Manuel Antonio (361 366 370)
North, Oliver L. (816 829)
Nunez, Moises Dagoberto (480-96 508 761 777 806)
Ocean Hunter Company (480 482 486 489 520 526 528 801-2 806-14)
O’Neil, Michael J. (237 582-3 795 887-8)
Ortega, Daniel (D1)
Owen, Robert W. (324)
Pacheco, Carlos (383)
Palmer, Michael B. (834-90 988)
Pastora, Eden (148 150 164 201 206 209 213 217-42 278 625 627 643 786 1084 1094 1096 1098)
Pearline, David (493 835 864 888 995)
Pell, Claiborne (D-RI) (1117-22 1144)
Pena Cabrera, Renato (625 651-60)
Pereira Lanuza, Horacio (343 368 605 679-80)
Perez, Jose (Setco Air) (612-3 824)
Perez, Manuel (Setco Air) (613 824)
Perez Sala, Justiniano (177-80 182-5 188 195-8)
Perou, Fernando (314 316)
Perry, William (NSC) (1100)
Pinel, Sebastian (Chatan) (603-7)
Porro Rubiales, Manuel (177 180 183 186)
Portu, Pedro (291)
Posey, Thomas Vincent (431 A4)
Prado Hernandez, Carlos (Carol) (187 202-3 231 278-80 379-92)
Productos Del Atlantico (480)
Quezada Acuna, Gustavo (Waykie) (497-507)
Ramiro, Roger J. (619 650)
Rangel, Charles B. (D-NY) (1106)
Richard, Mark M. (65 83-4 88 211 G14)
Rivas, Juan Ramon (Quiche) (167 560-83 1128-32)
Rivera, Brooklyn (312)
Rivera Aguirre, Juan Francisco (177 180 183 185 187-8 197)
Rizzo, John (573 1100 1128)
Robelo, Alfonso (312-9)
Robelo, Jose (Chepon) (319-26 430)
Rodriguez, Cesar (229 389)
Rodriguez, Felix Ismael (1027 1064)
Rodriguez, Luis (486 806-8)
Rodriguez Gacha, Jose Gonzalo (C18)
Rogers, William Pierce (42)
Rojas Chinchilla, Carlos (E3)
Rosenblith, Ronald (1100)
Rudman, Warren B. (R-NH) (493)
Sacasa-Urouyo, Eduardo Jose (625 644)
Salinas Pasos, Marco (C8 11)
Salomon, Doris (683)
Sanchez Herdocia, Troilo (679)
Sarcovik, Sergio (298 444)
Savala, Juan (627 647-9)
School of the Americas (537)
Schroeder, Jerry (83)
Setco Air (613 801 815-28)
Sheehan, Daniel P. (E5 7-8)
Silva, Irving (987-8 1012-5)
Silver, Daniel B. (78)
Smith, Betty Ann (215)
Smith, William French (25 57-64 108 G2)
Snider, L. Britt (957)
Soghanalian, Sarkis G. (201 381)
Soto, Carlos (806 808)
Southern Air Transport (905-8)
Spadafora, Hugo (366-7 370 762)
Sporkin, Stanley (103 211)
Stein, John Henry (126 1133)
Still, Richard B. (1148)
Stolz, Richard Faurs, Jr. (572-3 842-3 923 949-52 1139 1146)
Struve, Guy Miller (263)
Suarez Gomez, Roberto (316 695)
Suarez Levy, Roberto (316 D2)
Talavera, Jose Rene (C8)
Tambs, Lewis Arthur (428 B20)
Tenet, George J. (417 1140)
Terrell, Jack Reynolds (431 487 762-3 782 789-91 A1 2-19)
Thornburgh, Richard L. (43)
Trott, Stephen S. (263)
Universal Air Leasing (834-890 987-1021)
Vaughan, Federico (1125 C2 5-6 9 12 22 26)
Velez, Gustavo (798)
Veliz Cruz, Reyner (281 1034 1050)
Vesco, Robert Lee (C3 4 19 22)
Vidal, Felipe (508-29)
Vikes, Carlos (298)
Villagra Gutierrez, Hugo (177 180 183 185 188-90)
Villalobo, Manuel (177)
Viques, Carlos (446)
Vortex Corporation (801 805 834-90 987-1021)
Walker, William Graham (1100)
Walsh, Lawrence Edward (492 494 529)
Warner, John S., Sr. (43)
Watson, Teofilo (770)
Webster, William Hedgcock (799 1112)
Weld, William F. (66)
Wilson, Pete (R-CA) (1115)
Winer, Jonathan (1100)
Zarcovich, Jorge (446-7 459)
Zarcovich, Sergio (446-7 459)
Zavala, Julio (352 354 649)
The numbers in parenthesis represent the page numbers where you can find reference to their role in the drug smuggling operations during a 5 year period. Most of these people had unexplainable earnings in the millions, and most of them had active Wall Street holdings with “consulting contracts” with American Financial Group. I personally recall seeing at least a dozen names here on files I was asked to shred after accounts were liquidated through Levesque or Nesbitt Burns in Canada.
Of course some of these names also had IBCs with innocent and strange alias names like “Caledonia Trust” and “Charles Fichs Family Trust” and even some numbered account names. Steve Finta made a single deposit of $16 million USD, but there were no links to his name – anywhere. He would take delivery of bearer bonds or shares in the Bahamas, Cayman, or in Panama. Very few of these people knew nor cared who owned and operated the small company that originated in Mexico City and migrated in 1990 to the plush Miami suburb of Aventura – previously part of North Miami Beach. They were simply instructed to use AFG and others like them in Pensacola, and Stuart, Florida and they did. Although the infamous FBI Agent Terry Nelson had an account at AFG, as did General Manuel Noriega, those two accounts and three others were personally guarded in the desk drawer of Edward Myles Chism, an eccentric man who worked 18 years for the U.S. Justice Department in Panama where 80% of all drugs moneys were destined in the 80s and 90s. Barry Seal briefly had an account at AFG as Did Katherine Harris, but both of those accounts were ordered to be “closed immediately” by a man who called from 202-456-3345 in late 1995.
Chism now lives in comfort these days…in Panama off course after serving only 8 months in a Club-Fed prison for swindling $87 million (an artificially low figure). Trace the telephone numbers of the above people circa 1994-1997 and match them against AFG phone bills and stock purchases/holdings in Enron. You will then learn the true meaning of the word “coincidence”. I know better. I also know that it was Eddie Chsim himself who disabled the CCTV security camera on the 6th floor elevator hallway of the City National Bank building at 2875 N.E. 191st street. More on this later, but the last thing Chism wanted was video recordings of federal judges, corrupt federal agents, and smugglers like Finta carrying bags of cash into AFG offices.
I do not have all the answers and one major mystery remains… Why did a DEA agent tell me “All hope of jailing the Nelson/Finta gang and the others collapsed along with the World Trade Tower 7 on 911.”?????
* Reference: Senator Kerry’s 1988 Senate Hearings on the Contra Drug Scandal and the subsequent Hitz report… http://www.monitor.net/monitor/9803a/hitz.html Ironically at the same time the CIA was fessing up to the Contra Guns for Drugs relationship, FBI Agent Terry Nelson was busted by the RCMP with a full load of cocaine on an Indian reservation in Saskatchewan.
http://www.copi.com/articles/Montana/971215.html The DEA took an immediate interest in the Canadian bust was was falsely told it was an FBI sanctioned operation, yet it was never declared nor registered as one as federal law enforcement agencies used to demand from one another. The DEA is now in cat and mouse game like a single cat trying to catch 10 mice scurrying about, and hoping the one mouse they do catch is not yet another FBI or CIA operative.
The REAL American Financial Group $87 Million Scam 