while will definitely learn more to read talk to our guest today. in the reality of the big thank you call me how clean are the money currents overrating with trillions do bankers remember to obey the law. everett stirred looks will be laundry in the face. blowing the whistle on hey just b. c. forcing it to pay billions in fines hoping the big banks notice it's complying courthouse day or are they just more careful in the shadows. come the people to account. are they too big to jail. so i guess today's whistleblower everett's terror and former employee of one of world's banking giants h.s.b.c. everett it's really great to have you on our show today. now you've been very vocal about your experience with h.b.c. can you tell our viewers in

a nutshell in your simple world what it's all well what it's all about sure. i mean this is a normal big sandal i mean this is about a bank sponsoring terrorism and killing people that's why this is about and it's about defending the united states and defending the world as a whole against terrorism and and saying that too big to jail is not an ok policy for any government to have. or about this is that these are actually huge words what did actually happen here you were hired by i'm sure i mean let's start from the beginning so you were hired by h.p. see after you want to business school right and then what happened. well first i was a candidate for the convention service and then while i was in business school and my undergrad and then. joined teacher's p.c. two thousand and ten right after the cease and desist order came into effect. and i

was hired as an end to money laundering compliance officer and put in georgia as a specialist on middle eastern transactions. also. partly inside terrorist financing team there. really was there i mean i saw the blatant criminal actions that were occurring. and just how. the fraud of the united states government so i just would like to get to that point when you started detecting suspicious activities so i gather from your earlier interviews you've said that it was basically a team will former debt collectors rehired to become an anti money laundering unit non of them were experienced in that unit including yourself that's right so then how were you able to detect all of this suspicious activity if you weren't really sure of what you were doing. that's a good question so what happens when i joined there may be fifteen compliance

officers in the entire department. in. newcastle delaware and i knew immediately that i really had no way to go is doing so i went to the university of delaware library i checked out a whole bunch of books and i would spend in mornings and nights reading and teaching myself about money laundering and terrorist financing. and then what happened was maybe about a month. or three weeks in that's when i saw the first picture sex heavy with a company called cross bar ethics and i started that was my first email to the cia was on november twelfth of two thousand and ten so it was three weeks after i started that i started passing information to the cia my thought there's a national security risk and you know first of course i went to management of h.s.b.c. which went nowhere. but what ended up subsequently happening was that. h.s.b.c.

had a huge credit card division in the same building and they needed to show the government that they improve the program by hiring all these anti money laundering compliance officers so they fired all their debt collectors they sold off the credit card division to capital one and then rehire the debt collectors and some money laundering compliance officers. i mean they're still there and how approving transactions it's absolute disgusting right i have no idea what they're doing but technically how did you detect it technically how does it happen how do you get to actively suspicious transaction that could be linked to terrorism or drug cartels. it's bloody and it was so obvious. you know it's because i have two brain cells in my brain and do simple and google internet searches i mean this was not rocket science. and you know we're talking you know for instance ofac. has a list of companies that united states cannot do business with that c.e.o.

fact sanction list. and so for instance korea supermarkets tajik o. brothers which rolling to has bolo. creevy supermarkets is a supermarket chain based out of gambia and they're owned by tajik o. which is owned by the brothers which are based out of beirut that are finances of of hezbollah so those transactions were going through h.s.b.c. and i saw i saw it now what's interesting is it's not that it was hard to find the transactions it's very easy the real disturbing part was how they were doing it because those transactions they were supposed to be stopped in the wire filter were actually going through and the reality they were going through because wages b.c. employees were doing was adding dots and dashes and different codings to the actual payments the f.b.i. later called it stripping the payments so the computer system there was

a match with the with the transactions in the transactions would go through so it wasn't it was just blatantly obvious what they were doing it just took me i guess with a little extra effort to see how they were criminally how they were criminally allowing the terrorist funds to go through so if you just said that it was very simple to actually detect what was going on where the only one who was suspicious are the others were just pretending not to see this. yeah they were they were either pretending not to see them or they were going to be frank too stupid i mean you know the debt collectors they hired weren't exactly the brightest bulbs in the sky . so you know they were just clearing transactions all day long i mean that was the culture at h.s.b.c. was to clear as many as many alerts or investigations as possible they gave us

a minimum of seventy two a week. to clear. and it was a was a code sure you know that it was extremely perverted that that was geared towards the fraud and the american people and also what they did was they hired the former one of the former heads of counterintelligence for the f.b.i. to run the department so he knew exactly how to manipulate the system. but again it wasn't wasn't rocket science to figure this out i'm not i'm not a financial genius i did teach myself. and i did teach myself as to how to analyze transactions and how do you. fight terrorist financing but the stuff h.s.b.c. was doing was not not very covert but when you went to your seniors when you went to your bosses and said hey guys i'm kind of clearing all these dubious transactions that could be linked to terrorists and drug cartels what did they say no average you're hallucinating doing any of that or did they say we know but you have to kind of shut up about it what was their reaction. well there's an internal

e-mail that the f.b.i. has and the cia has and sort of the united states congress when i went and i met with them about a month ago. called compliance error and a more happy to send e-mail to you i still have it and this compliance our e-mail is an e-mail from for me to management explaining how these debt collectors are approving funds that are going into gaza and they're going to hamas. what i was told was that hamas is not a terrorist organization now there are some people out there who believe that hamas is not a terrorist organization but according to myself and also the united states government ofac in the most democratic countries in the world they are a terrorist organization. so. you know it was news really no. they knew exactly what was going on in the. you know they did

not want anything for instance we could not put the word suspicious in the alert or investigation that we did in any write up the word suspicious could not be put in because that could alert a regulator and they don't want that so what you're talking about with this is actions going to hamas has what kind of money are we talking about what kind of transactions where are they and what was the cash coming from. yeah overall we're talking about billions of dollars but. for instance you know a great example is the creepy supermarket example i mean so you have these supermarkets that are operating out of out of africa they were you know selling regular you know groceries and people were going to buy and then supermarkets would take that money send it to back to the tajik go in beirut which was owned by the brothers and then they would send it off to iran. and this is still going on created supermarkets was named in the reuters article that i did they were named to

the f.b.i. and creepy supermarkets is literally still operating and sending money to hezbollah at this exact time. but if you believe we absolute gate from the h.s.b.c. case who is ultimately in charge of preventing money laundering in the united states are they doing their job or does it have to be individuals like you who actually step up. no i mean isn't the department of justice needs is not doing their job i mean eric holder specifically said to us during the senate hearings that prosecuting these banks criminally could cause a french oil crisis and you know what my argument is to eric holder is that if if we allow this terrorist financing to continue then and the next nine eleven gets financed i guarantee you the next nine eleven will cause an exponential crisis so you know what's happening now is that these bankers and management of large banks such as j.p. morgan each is p.c.

. they're not being held criminally accountable. so they can just do it if they want they're just being fined i mean h.s.b.c. was fined one point nine billion dollars which seems like a lot of money that's actually only five weeks profit for them and their stock actually went up when that announcement came out and so it you know it's. it's really disgusting that the department of justice is not doing their job and i mean if i were to do any one dollar to hamas or hezbollah i would go to jail for life but yet they're donating billions and that's ok i do have to think on some they're not going to short break ever it actually going to pick up from there we'll be back folks with h.s.b.c. most of their average start to talk about the impunity the world's biggest banks seem to enjoy even after the financial crisis stay with us.

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and we're back with h.s.b.c.

whistleblower everett stern great to have you back everett so back to their one point nine billion find that h.s.b.c. was fined i mean it does sound like a lot of money but is it really a lot of money for h.s.b.c. i mean it seems like they will be making that some in in couple of weeks. yeah you know i mean it's five weeks of profit and again their stock went up they actually made that money back with their stock price increasing i mean there's a consequence for them doing what they did and you know that's a problem because you're sure you know the whole point of the american justice system is equality under the law and what the department of justice has made very clear is that this is not it's a baker's are held to a different standard than the public which doesn't make any sense and i think that the government needs to stop being afraid of a financial crisis happening from from criminal prosecutions i think the real threat is is you know terrorists being financed and drug cartels i mean. and we

have five hundred thousand americans dying a year from drugs and and we're and our banks are far and are financing drug cartels and yet the united states government is launching a drug war over d.h. is for getting killed left and right. and it doesn't make any sense i mean the whole the whole system just doesn't make sense so you're saying that nothing really has changed in h.s.b.c. even after it was fined one point nine billion dollars right. no nothing and that's why you know my attorneys i'm not suing nature's three c's no there's no litigation what i have done is i'm asking for a new money laundering probe to be. issued and people to go to jail because the thing is is that the one point nine billion dollars covered up until two transactions up until two thousand and ten i started in sort of passing information to the cia and then went to the f.b.i. post two thousand and ten so each is p.c.

was never how it held accountable for those transactions that were the cream of supermarkets to hezbollah i just talked about they were not held responsible for that so they need to prosecute you prosecute them i mean if you murder somebody. you know there's. if you get caught in you get caught five years later you're going to go to jail for that is the bank should be held held responsible i mean. i think i'm sorry so you're saying that no one was held responsible or criminally charged to f.b.i. and cia didn't really follow up this case that you presented to them governments are afraid to criminally prosecute banks like h.b.c. because of recent sling to economic crisis it could it be that they're complicit. yeah i mean it's a. you know. believe me i'm being in my head against a wall against with this one i mean i have risked everything and tried my hardest

to to get these people in jail and i mean right now the former managers that were my bosses who were subsequently fired for me just b.c. are now the heads one of them is the head of compliance for t.d. bank the other one is a head for a chinese bank i mean. there's no consequence here these people are still doing the same thing at multiple organizations and that's not what america is about and that some what justice is about and you know i think what's important here is that what the american public hasn't really understood is that this is not a normal banking scandal and that these banks like h.s.b.c. have the blood of american soldiers on their hands that i.e.d. going off in afghanistan killing and killing an american or you know allied soldier that is being financed through our banks that's a problem that's a huge problem so i want to talk a little bit globally about what's going on ok if we look at the banks that are

actually getting away with criminal activities like this because governments are afraid that the economy could worsen if the banks are charged does this mean that the banks could actually do what ever they want. yeah and they are doing whatever they want i mean that's the problem right now they're doing what ever they want to do because they know they'll walk and that that has to be stopped and i'll tell you something i don't believe it's going to cause a financial crisis if the bank is prosecuted i believe that it will create more trust in the financial markets because this way the justice will prevail i mean you know right now. letting there just be a free for all is is not the way to go about it and again you know the financial crisis these are also caused by terrorist attacks political instability. you know money going into governments that shouldn't be going to and these banks are

financing it means if i can give you another example there was millions of dollars moving from a company in saudi arabia called shorty fruit it's a fruit company and they were sending money to one of the leading members of the muslim brotherhood in yemen so this is what. is allowing that in facilitating to happen here. and that causes political instability in the region and that causes i mean that's fine it's treason and it's financing our enemies and what's crazy about it is that each is p.c. admitted to the department of justice and to the world they've admitted to treason financing the enemy. i mean if you're if you're if you plead guilty to financing the enemy i don't think you should just walk with a fine that's not fine and well that's jail time but ever it cannot play devil's advocate advocate for a second here i mean you don't really know that if our banks are charged that

wouldn't cost economic crisis no one knows that so if there is this obvious connection link between the major banks and economic prosperity you personally would you risk the global economy for the sake of bringing banks to justice. yes without hesitation and i say that because yes i don't know for sure that prosecuting a big would not cause a financial crisis because it's never happened before but what i'm sorry they have been prosecuted before there's no one's going to jail for they've just been fined but if someone actually gets the bank's what if management actually went to juneau and a financial crisis was caused i think you have to look at this from from from a you know from the from mitigating risk stamp point in that if if we allow this to continue there's going to be another terrorist attack either in the united states.

overseas so in this in people who are going to die so the way i look at it is yeah i'm willing to risk another financial crisis bring it on board happy too because that the way we're going right now if these criminals if criminals russian mobsters you know. has if they keep getting financed the good guys were finished so h.s.b.c. is just what they tell you that there's going to have to i was just the one who sees that there's no that if we allow this to continue there's not going to be a financial khana me to worry about that that's what i'm saying so there's we have to do something. so it seems like a country that's fighting a war of terror is also financing it at the same time yes even though h.s.b.c. isn't really an american bank but it is one of the largest banks that is operating on american soil but h.s.b.c. is just when one big bank that you specifically caught red handed that the problem

of money laundering is much wider and i know that you will not the list of banks you believe are harming america tell our viewers which banks are these and what does it make to make the list. sure i mean you know j.p. morgan i mean they didn't find like crazy to even last couple weeks standard chartered bank that's operating here bank of america i mean they have they've had numerous accounts with drug cartels i mean all of the big banks are involved in this in some way now now with the argument can be raised well then to put in my mouth my own devil's advocate the argument can be raised that how can these banks always prevent terrorist financing and the thing is that there's no one hundred ten percent system that can always prevent it but what's what's happening now is is is a culture that's being cultivated in facilitated to towards profiting off of

financing terrorism and drug cartels so they can make more money so their stock will go up that's the that's the problem so it's on a few isolated incidents it's a whole culture of this iraq that this whole case with h.s.b.c. left you emotionally drained financially devastated how are you now how are you doing. now i'm doing great and i started my own company tactical rabbit which is an intelligence company. after i left h.s.b.c. we came profitable five five months ago boy. it was extremely hard i mean i said i was working at p.f. chang's restaurant as a waiter. teaches receive because i mean i had no money i had nothing left. and i literally walked into chang's with the rolling stone article when i was featured in rolling stone and i said them look i'm a whistleblower i can't get work i need a job and i've never waited tables before will do a good job. and they hired me and they said look i'll give you

a chance and i took all of the p.f. chang's money and i put it into tactical rabbit and that's how i launched this very very successful company now i mean now we're projected and it's been you know we're going to a multimillion dollar companies wow so you're a great example of someone who can actually stand up whistle blow and still be very successful we know there are a lot of people who are actually weighing pros and cons and saying no i'm not doing this because then my life is over but you are a great example of how you can whistle blow on dubious activities and still make it in life but can i ask you something except that rolling stone piece that i've read has other media showed any interest in you and in your story. you know it's amazing. the answer. is no and well yes and no i did a forty five minute interview with brian ross of a.b.c. studios and i think i think you used to work for a.b.c.

. and you know brian had a forty five minute interview with me that he said he was going to air in two weeks and he never aired it and other other networks wouldn't take me because they they were nervous because brian ross had the tape and brian ross had his hands were tied and i made it very clear to mr ross that this was a national security issue and that this story has to get out and he just said it was not news. i have a problem with that and i think the american people have a problem with that and i think i still think that brian ross should air that tape but what would you say i mean fighting big banks at frost is like your life goal right now but would you say you have a strong team of supporters around you and geez see any change coming as a result of your work and efforts more importantly. not from the media and from the public i'm not getting it there either to be honest with you and the

reason is because i need the media that's why you know so have you invited me on the show because i need the media to be able to carry the message and let the public know what's going on and it appears to me that the american mainstream media for some reason here does not want to tell this story and to really show the american people what is going on i mean you know c.n.n. . see you know why are they not you know showing that you have a bank in new castle delaware see it has a some money laundering facility in newcastle delaware that's hiring and firing debt collectors to work i mean that's a huge story why is that not on the front page of the new york times that that's a problem and just really quickly first of all we're always glad to have you on our show but just really quickly within your community within your friends or family just people who know what you did and people who read the rolling stone piece are you do you feel like a hero does it feel like you're a hero or are you more of

a loose cannon. i think i'm more of a loose can't i don't think of it you know i think right now. a loose cannon turning into the guy on the corner yelling you know yelling and you know crazy stuff about hey you got a you know well here's what's going on with the banks and it's a problem that i'm analyzing right now because i don't know what else to do i'm trying to strategize because. i don't want to come off as a loose cannon but at the same time i keep knocking on doors to get people to pay attention to an issue but the media won't help me so it's a very frustrating experience and yeah you know i hope i don't come off as a nut but unfortunately sometimes in order to get things done you can't make an omelet without breaking some eggs hey to us you are like a hero and you have

a multibillion dollar company coming along so well wish you all the best and good luck with all your future endeavors thanks for being with us today that's awful today folks we've been talking about whistleblower average star and former employee of one of the world's biggest banks h.s.b.c. seated except here and so because thanks for watching. we speak your language i mean some of the you will inevitably and. programs documentaries and spanish what matters to you. but will tune in to bangalore story. here.

altie spanish for. visit actuality. so that on june sixteenth one thousand forty one we had a graduation party at school and the war broke out. the shops were always full of goods. but in september leningrad was blocked. one day mom went and saw that all the shelves were empty. in november they bombed the day of steel warehouses with this it was the main storage place for all the food in the city people eating the earth because it had small traces of sugar in it i tried to eat it as well but i couldn't. the third

night that was incredibly heavy bombing. it was a direct hit on that very shelter and everyone was buried underneath. all of them would dead. right on the scene. first street. and i think you're. on a reformist twitter. and instagram. to be in the. wrong mom.

molotov cocktails and homemade bombs the k. of sky over night protests as a result of violence and storming the police barricades erected to stable for a revolution. dissolve the parliament call for early elections do not repeat the fate of gadhafi the voice of the opposition is supported by the richland bill so she is have only themselves to blame. and nothing is a solid the un has a few hours to withdraw an invitation for iran to take part in peace talks on syria or the country's main opposition group says it will drop out of the negotiations. and see.