WND EXCLUSIVE

BIG BANK STRUCK BACK AT WND FOR EXPOSING DARK DEED

Loretta Lynch ultimately let HSBC skate for aiding terrorists, drug cartels

Five years ago today, a series of investigative reports by WND senior staff writer Jerome Corsi that exposed the money-laundering scheme of global banking giant HSBC resulted in shocking fallout for the news agency and the reporter.

HSBC – which ultimately was assessed a record fine but not prosecuted by then-U.S. Attorney Loretta Lynch despite evidence of money-laundering for terrorists and drug cartels – lodged a complaint on Feb. 13, 2012, that blocked Internet access to one of the WND stories.

Subsequently, the HSBC series prompted the New York City securities firm with which Corsi worked to fire him.

John Cruz in video interview with WND’s Jerome Corsi

Along with his well-known WND reporting and book-writing, Corsi was a senior managing director for Gilford Securities, a Manhattan investment firm that serves institutional and retail clients.

Corsi said the firm was responding to his series of reports on the charges of former HSBC manager John Cruz. The whistleblower provided WND with 1,000 pages of customer account records along with audio recordings that provided evidence of an international money-laundering scheme by HSBC.

“I was completely blindsided by the reaction of the firm to the HSBC stories,” Corsi said. “I thought Gilford would be proud that a member of the firm had sufficient courage to do the right thing – make public and report suspected money laundering activity when first hearing about or learning about credible allegations, regardless what firm the allegations involved.”

Read more at http://www.wnd.com/2017/02/big-bank-struck-back-at-wnd-for-exposing-dark-deed/#PLs5Ouw0l33BQJQF.99