'Ndrangheta Mafia Money Laundering Scandal at Raiffeisen Bank Austria / A Culture of Illegality

Wolfgang Zumtobel fronts the ultra-dirty Raiffeisen operation.

RIPPING OFF CUSTOMERS

Yes, that Raiffeisen:  "Raiffeisen Bank was helping a number of Russian banks illegally take cash from savings funds." (Austria leaves Russia’s major tax fraud case dead in the water, Russia Today, 14 Sep 2010, http://rt.com/news/prime-time/raiffeisen-magnitsky-hermitage-fraud/)

CARTE BLANCHE

Any legitimate country would have shut down this man's racket long about, but Austria is a nation dominated by "Modern-Day Robber Barons". (Walter Mayr, Corruption Scandals in Austria - A Web of Sleaze in Elegant Vienna, Der Spiegel, 13 Oct 2011, http://www.spiegel.de/international/europe/corruption-scandals-in-austria-a-web-of-sleaze-in-elegant-vienna-a-791113.html)

SOME OF THESE BARONS COME FROM ITALY 

The 'Ndrangheta operates a "sprawling empire of money-laundering and drug-trafficking". (Tim Lister, Inside Europe's most powerful mafia -- the 'Ndrangheta, CNN, 8 Dec 2018)

So of course they bank at Raiffeisen, where 'Ndrangheta players Carlo "The Skunk" Focarelli, Manlio Denaro und Ricardo Scoponi washed their money using account 154052493. (Jürgen Roth,
Es war vorauszusehen, dass es Verbindungen zwischen Mario L. aus Stuttgart und dem Ndrangheta-Boss Franco Pugliese gibt. Franco Pugliese gibt das selbst zu.,http://www.mafialand.de/Members/roth/noch-immer-liest-man-in-deutschland-wenig-ueber-den-gewaltigen-geldwaescheskandal-in-italien-und-die-rolle-der-ndrangheta.-dabei-spielt-ein-hoher-politiker-aus-stuttgart-anscheinend-eine-rolle.-doch-das-lka-in-stuttgart-scheint-zu-schlafen)

And Zumtobel can get away with his scams because Austria has a culture of illegality - "Sie haben hier in Österreich eine Kultur der Illegalität,

"ANYTHING GOES"

die den Balkanstaaten sehr nahe kommt" - comparable to what you find in the Balkans. (Jürgen Roth cited in Pilz: "Österreichische Politik hofiert Mafia-Paten", Die Presse, 23 Jun 2011)

AS CONFIRMED BY NEWS.AT

Yes, Austrian banks are involved in fraud scandals, and the mafia washes their dirty money in Austria. (see graphic at left)

DER SPIEGEL:  OPEN BUFFET FOR MAFIA ACTIVITY

"Is Austria really "Europe's boil," as the late Austrian novelist Thomas Bernhard once scoffed? Has the Alpine republic become an open buffet, plundered at will by members of the nouveau riche gone amok?" (Walter Mayr, Corruption Scandals in Austria - A Web of Sleaze in Elegant Vienna, Der Spiegel, 13 Oct 2011, http://www.spiegel.de/international/europe/corruption-scandals-in-austria-a-web-of-sleaze-in-elegant-vienna-a-791113.html)

OBVIOUSLY THE ANSWER IS YES

"The 'Ndrangheta ... has entrenched its dominance of the cocaine trade, forging links with organized crime groups in Latin America, New York, Turkey and Albania.

THEY RUN THE EUROPEAN COCAINE BUSINESS

"Mafia watchers estimate its turnover is probably in the range of about $60 billion a year -- similar to the GDP of Croatia or Bulgaria. And it may control as much as 80% of the cocaine entering Europe."  (Tim Lister, Inside Europe's most powerful mafia -- the 'Ndrangheta, CNN, 8 Dec 2018)

Which meant a lot of business for Raiffeisen.

AND YET MORE PROFITS FOR THE MEN BEHIND THIS DIRTY BANK

According to Raiffeisen, its customers are:
  • members of the bank
  • owners of the bank (see Raiffeisen owners pictured at right)
  • with a full right to business information
  • and the possibility to exercise influence over the bank's business.
"Als Mitglied sind Sie nicht nur Kunde, sondern auch Miteigentümer unserer Bank. Damit haben Sie das Recht auf Information und Transparenz. Sie haben die Möglichkeit, Einfluss auf die Geschäftspolitik und Entwicklung der Raiffeisenkasse zu nehmen". https://www.raiffeisen.it/marling/meine-bank/unser-auftrag/mitglieder.html?kid=111

AS CONFIRMED BY CNN

A "sprawling empire of money-laundering". (Tim Lister, Inside Europe's most powerful mafia -- the 'Ndrangheta, CNN, 8 Dec 2018, https://edition.cnn.com/2018/12/08/europe/ndrangheta-mafia-raids-analysis-intl/index.html)

NOT EVERYONE APPROVES OF DR. ZUMTOBEL'S RAIFFEISEN BUSINESS MODEL

"What has happened in this republic is nothing short of organized robbery". (Peter Pilz cited in Walter Mayr, Corruption Scandals in Austria - A Web of Sleaze in Elegant Vienna, Der Spiegel, 13 Oct 2011, http://www.spiegel.de/international/europe/corruption-scandals-in-austria-a-web-of-sleaze-in-elegant-vienna-a-791113.html)



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German Language:  Schmiergeld und Schwarze Kassen in Österreich

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