All 2019 Articles

Here are the most important articles from 2019. We have pdf files also in case links go down because of bribery and threats. Sadly, there was no progress with law enforcement in Latvia in 2019. The prime minister is a criminal, the general prosecutor is a criminal, the European commissioner is a criminal, and the head of SAB is a criminal. The mainstream media is still publishing fake stories that Parex Bank collapsed because of the United States or Sweden and fake stories that Citadele Bank is cleaned up. Eventually, we hope Latvia will have an honest government and will prosecute and sue every person and institution that participated in the Parex looting and cover-up to recover billions of euros for the benefit of the Latvian people. It is possible. The corrupt former prime minister of Croatia is now in prison and the corrupt prime minister of Malta was forced to resign and is likely to be prosecuted thanks to a whistleblower, journalists who do their jobs, and activist citizens.

January 2020 (written in December 2019)

EU Today link

December 2019

video with evidence that Lembergs stole even more money than Kargin and Krasovitsky, however government is still pretending nothing happened

November 2019

Byline about Lagarde and Dombrovskis link

LSM about Parex oligarch Shefler giving orders to Riga City

Skaties about KGB oligarch Aven, very comfortable in Latvia

October 2019

Gobzems video, six million euros paid to Karins from Cyprus

Byline, Parex oligarchs still enjoying our money

Ir.lv, video about Skele still stealing our money

September 2019

EU Bubble in English

EU Bubble in Latvian

EU Bubble in Russian

Byline Times terrorism campaign against Parex whistleblower

August 2019

Byline Times Parex connected with Alexander Torshin

July 2019

Byline Andris Vilks loots Riga City

OffshoreCorpTalk Rietumu robs customers

Byline Parex fraudster Gene Zolotarev

Gobzems video about Romeiko, Karins, Maizitis, the same crooks who covered-up the Parex whistleblowing

The Shift News ABLV murder

June 2019

ManuelDelia.com Eurostat covering-up Parex looting

Tortoise Media ABLV murder

Byline Dombrovskis fraud

May 2019

Baltic Rim Economies, University of Turku

Skaties Karins bribe

April 2019

Byline Dombrovskis fraud

March 2019

Byline Znotina

February 2019

Byline Volcker

video by Ansis Pupols about corruption of Rimsevics

January 2019

Juris Kaza about Riga Riot and John Christmas

Byline corruption of Edward Lucas

Latvia Weekly Solaris bribery

Rietumu Bank clean-up really a heist

Every year, Latvian banks are caught organizing massive crimes. And every year, Latvian officials promise to clean-up the sector but don’t really do anything. That’s why the same money-laundering crooks have been active in Latvia since the early 1990’s and never had any problem with law enforcement.

After bad publicity in early 2018 about massive corruption and money laundering, Latvia as usual announced a clean-up, the main aspect of which was having Rietumu Bank close half of its shell-company deposit accounts. We were wondering how Rietumu could do that, because it probably cannot pay back the depositors. Normally, Latvian banks operate by taking in depositor money and transferring the money to insiders using fake loans. These fake loan ‘assets’ sit on the books for years until the bank eventually collapses and we learn that the assets weren’t real.

Rietumu did manage to close half of its accounts, however this was done in a way that would be illegal in a civilized country. The bank gouged many clients with huge surprise fees thus erasing the account balances instead of allowing the balances to be withdrawn! Is it safe to assume that the depositors who got robbed were probably the lawful depositors and the depositors who Rietumu retained and didn’t rob were the biggest crooks? Here is a website where people who got robbed by Rietumu can organize:

https://www.offshorecorptalk.com/threads/rietumu-for-all-victims-of-fraudulent-account-closure-and-theft-of-funds.23267/

Baltic Rim Economies

You can’t read about the largest fraud racket in Eastern Europe in the Wall Street Journal, Economist, Bloomberg, Guardian, Financial Times, New York Times, or Washington Post.  They refuse to publish articles about EBRD support for Vladimir Putin’s money launderers.  However now you can read about it in Baltic Rim Economies!  BRE is a publication of the Pan-European Institute at the Turku School of Economics at the University of Turku in Finland.  Thanks for publishing!

pdf of article:

BRE May 2018

link to entire May 2018 edition:

http://www.utu.fi/en/units/tse/units/PEI/BRE/Documents/BRE_2_2018.pdf

 

Society for Baltic Security 2018

The Society for Baltic Security ‘SBS’ held its Annual International Conference on April 27 and 28.  The conference was titled ‘Society. Person. Security – 2018’ and was sponsored by Riga Stradins University and Baltic International Academy.  Exiled whistleblower John Christmas made a presentation at the conference by video.

The conference marked the first time a truthful and public discussion was held in Latvia about the Latvian Financial Crisis which began in 2008 when the government transferred a quarter of the national budget to Parex Bank.  Earlier conferences organized by other groups censored two key aspects of the Parex bailout:  there was an ignored whistleblowing three years before and the privatization to the EBRD was fraudulent.

This is the program:

2018_SBSBSA_Programma.last.lv.ru.engl-2

This is the video:

European Central Bank: idiots or criminals?

It’s been a big week for money laundering news from Latvia.  The US’s FinCEN blacklisted AB.LV Bank.  And, KNAB raided the home of Latvian central bank governor Ilmars Rimsevics.

The Media has missed a larger story however.  What is going on at the European Central Bank (ECB)???

After the bailout of Parex Bank, which has been confirmed fraudulent, guess who started buying Latvian bonds?  The ECB did!  The ECB had full knowledge that the Parex bailout was a fraud and that therefore Latvia was also a fraud, and at the same time became the biggest ‘investor’ in the fraudulent bonds issued by Latvia.

And, to make matters even worse, the ECB allowed Latvia to enter the euro currency with full knowledge that Latvia was a fraud.

Now this week we can add two new embarrassments.  Everyone in Latvia has known for many years that Parex used to and ABLV still does launder Russian Mafia money.  But somehow the ECB doesn’t know, even though the ECB is the regulator for ABLV.  How can two million Latvians know something however the regulator doesn’t?

Also, the ECB must know that Rimsevics is corrupt and working in the interests of Parex and ABLV.  For example, after Rimsevics organized the fraudulent Parex bailout, he was caught by whistleblower ‘Neo’ paying a large secret bonus for himself using the small bit of Latvian taxpayer money that hadn’t already been stolen.  And then, prosecution commenced against ‘Neo’ instead of against Rimsevics, at the request of ABLV.

Rimsevics is on the council of the ECB, making important decisions for all of Europe.  And somehow the ECB doesn’t know he is corrupt?  The ‘Neo’ information has been in the newspapers for years.  We have been sending letters to the ECB for years and they never woke up.

The fact that the US had to take action against ABLV because the ECB was sound asleep is a huge embarrassment to the Europe and especially the ECB and we hope the Media will publicize this problem.

Oleg Boiko website! Tons of info.

Somebody put up a website with tons of info on Russian Oligarch Oleg Boiko.  We didn’t know all of this, for example that Boiko represented the Kremlin trying to engineer a Communist takeover in Moldova in 2013.

Boiko is well known in Latvia as ‘business’ partner to Valery Kargin, Viktor Krasovitsky, and Andris Skele.

Hopefully the US and EU will wake up and add Boiko (and Kargin, Krasovitsky, and Skele) to the sanctions lists.

http://olegvboyko.website/

pdf in case website taken down:  olegvboykowebsite

https://theblacksea.eu/malta-files/article/en/cash-loans-czar-maltese-tax-escape-plan

pdf in case website taken down:  boykomalta

 

 

Latvia launders for North Korea

The Latvian media is reporting today that the Latvian Proxy Network was laundering money for North Korea from 2009 to 2015.  Apparently the United States FBI discovered this problem and pressured the Latvian FKTK to fine the banks, however the fines are insignificant, as usual.

The articles today don’t mention another connection to North Korea.  Parex Bank was caught giving $111 million cash for free to Eduard Khudainatov, a member of Vladimir Putin’s inner circle who is sanctioned by the US Treasury for his links to North Korea.  Parex booked the gift as a loan even though it doesn’t have collateral.  When Parex fraudulently transferred it’s liabilities to Latvia in 2008/2009, the full loss went to the taxpayers.  However Latvian authorities still amazingly blame the disappearance of the assets of Parex on the US and Sweden and the mainstream media and Brussels are still going along with this absurd lie.

http://eng.lsm.lv/article/society/crime/latvian-banks-used-to-fund-north-korea.a241340/

Oligarchs Kargin and Koval still at it UPDATED: Boiko

The collapse of Latvian and Estonian payday lender MiniCredit shows that banking oligarchs Valery Kargin and Dmitri Koval are still at it, not slowing down their activity even after Kargin’s Parex Bank was revealed as a pyramid fraud and then fraudulently bailed out by the corrupt Latvian government.

Apparently Kargin and Koval worked with Rolands Petersons of PrivatBank, which was also a pyramid fraud, to license MiniCredit in Latvia and Estonia and amazingly given their histories were granted licenses.

They then opened a bank account at Citadele Bank, which is a successor to Parex and still apparently controlled by Kargin since his top offshore banker Valery Hudorozhkovs is still there.

A large amount of money was somehow run through MiniCredit’s account and then disappeared.  Some of this was presumably from low-income clients with payday loan accounts.  And perhaps some of it was from Russians running money through the accounts for laundering purposes, given the size of the withdrawals relative to the size to the company’s legitimate activities.

An interesting detail of this case is about Koval, whose Saules Bank of Latvia was caught laundering money although authorities never bothered to prosecute anyone.  Saules Bank is today merged into Rietumu Bank which is also a money launderer.

Just after Parex whistleblower John Christmas gave details of massive frauds at Parex to Latvian authorities in 2005, who ignored the information, Koval invited Christmas to meetings to discuss establishing a new bank in Latvia to serve Koval’s clients, who he described as Jewish billionaires in Moscow.  Koval wanted Christmas to be a front for the bank, making it seem like an American bank even though the clientele would be Russian.

Kargin and Koval don’t need Christmas to be their American front anymore since they found someone better.  Supposedly former Fed chief Paul Volcker is the owner of Citadele today, although we doubt Volcker has any clue what is happening there.

We continue to hope the EU and US authorities will wake up and realize that the Latvian government is running a racket to help Russians steal money from Europeans, Americans, and especially Latvians.

http://www.lsm.lv/en/article/economics/economy/payday-lenders-strange-transactions-uncovered-in-estonia.a221430/

UPDATE:  Oleg Boiko, also from Parex Bank and therefore also being protected by the European Bank for Reconstruction and Development, is also still active providing high-interest loans to desperate poor people.  http://theblacksea.eu/malta-files/article/en/cash-loans-czar-maltese-tax-escape-plan

Latvian connection to Trump dossier

The headlines all week have been about the Trump dossier which is a memo by ex-MI6 officer Christopher Steele containing unverified information that the Putin Regime has been blackmailing Donald Trump to allow Russia to attack Ukraine.

Part of the memo is about Alfa Group of Russia, which was closely linked to Parex Bank of Latvia.  Alfa Group oligarchs Mihail Fridman and Piotr Aven are close friends with Parex oligarchs Valery Kargin and Viktor Krasovitsky.  According to the media, Alfa was negotiating a purchase of Parex in 2007.  Alfa apparently decided not to purchase Parex and instead a billion euros of Parex assets disappeared and Parex liabilities were handed to Latvian taxpayers in 2008 as Parex’s offshore banking employees and clients were shifted to Citadele Bank and AB.LV.  The government made no attempt to recover the missing billion and didn’t bother to prosecute anyone despite clear evidence of massive frauds.

Aven in particular is well known in Latvia because he together with Russian oligarch Yuri Shefler control Latvijas Balzams.  When Latvian oligarch Andris Skele invited them to Latvia to become owners of this state company, there were approximately seven assassinations of Latvian citizens linked to the transaction.  Parex made illegal fraudulent loans to Latvijas Balzams which were never investigated.

The memo names Latvia as a country where Russia is bribing people.  This is consistent with the fact that Latvian politicians decided to give a quarter of the national budget to Parex in 2008/2009 thus causing the economic and demographic collapse of Latvia.  Still today there has been no investigation and the government is still lying that “Sweden” caused the collapse.

We welcome a whistleblower from within the UK/US intelligence agencies.  For many years, the UK/US intelligence agencies have been protecting Putin’s oligarchs by keeping information about their crimes secret.  Maybe now they can arrest the criminals instead of protecting them.

https://www.theguardian.com/us-news/2017/jan/12/intelligence-sources-vouch-credibility-donald-trump-russia-dossier-author