Why the Clinton's never have legal problems A partial explanation (We were Dead-Broke !?!?) Present Attorney General: Loretta Lynch Present Director if FBI: James Comey) HSBC is one of the largest banking and financial services organizations in the world.
Excerpts: HSBC money trail leads to Clintons WND broke open the HSBC money-laundering case with a series of articles beginning in February 2012. More than 1,000 pages of customer records and secret audio recordings showed HSBC employees in Long Island were stealing the Social Security numbers of former bank depositors to create bogus “pass-through” accounts used to launder hundreds of millions of dollars for criminal enterprises such as Mexican drug cartels and Islamic terrorists.
WND reported in February 2015 Senate Judiciary Committee staff preparing for the Loretta Lynch confirmation hearings was told that he considered the $1.9 billion fine DOJ imposed on HSBC in 2012 in lieu of criminal prosecution “a joke.” He argued that a $1.9 billion fine of an international bank the size of HSBC amounted to no more than “a few days operating profit.” He described it as “a cost of doing business” once HSBC had decided to launder money for international criminals.
After the HSBC currency traders were arrested, WND conducted an investigation of the bank’s connections to the Clinton Foundation, uncovering a massive offshore financial network involving tens of thousands of transactions that extend far beyond HSBC.
The transactions surfaced in database searches of leaked offshore banking documents.
On Feb. 10, 2015, the London Guardian reported $81 million from seven wealthy international donors flowed to the Clinton Foundation through controversial Swiss tax-free HSBC accounts maintained in Geneva, as revealed by leaked HSBC files obtained by French newspaper Le Monde
Breitbart reported in April that key Clinton financial partners, including Canadian mining executive Frank Giustra and the Chagoury family of Nigeria, made use of the controversial Panama-based law firm Mossack Fonseca to move assets around the world.
Breitbart noted Giustra is one of the Clinton Foundation’s largest contributors, donating more than $25 million, while the Chagoury family in Nigeria has committed $1 billion to the Clinton Global Initiative.
This led WND to begin an extensive investigation into the major leak of offshore banking documents, known as the “Panama Papers,” a giant leak of more than 11.5 million financial and legal records from the files of the Mossack Fonseca law firm that was archived by the International Consortium of Investigative Journalists.
The Panama Papers database contains information on some 214,000 offshore entities connected to people in more than 200 countries and territories. It reveals major financial institutions, including HSBC, involved in the creation of hard-to-trace companies in offshore havens that form a complex international network involved in tax evasion and money-laundering schemes.