so on the day of his conviction, he was arrested again and charged again with violating bank secrecy laws. a 2nd trial was held in november 2011. but the price of fusion was not able to prove that rudolph had actually violated any laws in the and even this with in german media agreed that this was a complex case. and rudolf elmer is a complex person. one newspaper said, quote rudolph elmer is the model case of a whistleblower, he's no angel, but almost all whistle blowers are complex cases and quote. we're glad to have rudolph elmer joining us today. rudolf, welcome to the show. thank you, john for inviting me and given me the opportunity to talk about switzerland and it's jody called system and the banking dog. we're happy to have you and i'm interested to know how this whole thing got started. you had a job that would be the envy of most people. you represented a major bank in the paradise that is the cayman islands. but you saw something that shook you into action. tell us about that. ah, i love of my child is concerned about the kind of a striking all trade. so i was chief operat

the on 3 rows that the you can't apply at the the swiss bank secrecy. and the caymans, that's not possible. so uh, even so. uh they uh, they uh, found me guilty. uh, again, again, uh, the 2014 bought in 2016 at the higher court of sierra which is the 2nd level they, they had to this come uh, to uh, change the word to the main and they really on. so what's going on, and therefore the doctors of the lawyer court, they actually for the they slay part of the dirty game. thank you rudolph elmer, for joining us and for sharing your harrowing story of whistle blowing. and we'll leave it there and beg you to our viewers for joining us. whistle blowing is tough . it's very tough. in many cases, it takes over our lives and changes their very course, but is the great industrialist. henry ford said, quote, ops tools are those frightful things you see when you take your eyes off your gold plan for? that's why in the end whistle blowers are so often successful. even when the cost is very high. the goal is bigger than we are. the goal is the public good. that's why we

and the cost of sweets, bank secrecy, i expose the tools the through phase off switzerland. i think a friendly charge wrote to me about in prison and he wrote, you are big expressed to the system, then the red army, the ira, etc, to the world. because you use inflammation at know why then that is lots the bank offered me a lot of money. the bank of the a lot of money on and off me to close all criminal cases against me. if i keep side correct, the bank had the power to close all the legal cases, guns lots. darcy kelly. however, i'm not a person who accepts cash money. i rather pay to go to pricing. you appear to have made a decision very early on that you were going to tell the truth about what was happening at julia spare consequences. be damned. and certainly things devolved quickly for you. tell us about your personal situation at the time. were you married? did you have children? did you have to go through this experience alone? how did you handle the pressure of the bank, essentially falling on your head? and this was the authorities seeking to have you locked up in a j

his money and punish the culprits themselves the circumstances of theft through fraud remove the bank secrecy the category secrets what kind of a secret is it if a person voluntarily transfers his internet banking login information to scammers or installs a remote access application on his phone and allows strangers to do whatever they want with the contents of his mobile phone using these actions. he himself reveals his banking secret. well, every victim should understand that it is impossible to solve a crime committed through a bank account. without touching banking secrecy at all. how it is impossible to solve a case of medical negligence without touching upon the medical secrets and in the event of a crime in this area , they will be entered into the database. accessible to banks and law enforcement in order to prevent new episodes of fraud, the database itself will be securely hidden on the servers of the national bank. yes, the database, which contains data on cases of theft of money from the accounts of belarusians, already exists via the internet; it belongs to the national bank and

without touching banking secrecy at all.it is impossible to solve a case of medical negligence without touching on medical confidentiality. and in the event of entry into this area , they will be added to the database accessible to banks and law enforcement officers in order to prevent new episodes of fraud. the database itself will be securely hidden on the servers of the national bank. yes , the database, into which data on cases of theft of money from the accounts of belarusians is entered, already exists via the internet; it belongs to the national bank and is called an automated incident processing system, abbreviated as in 2018, it appears that belarusians are increasingly giving money to scammers. the national bank has created a computer threat response center. we launched asoi in it. it records data on thefts from online accounts, but now there is no access to this database. law enforcement officers therefore take a long time to solve crimes in cyberspace. presidential decree no. 269 is aimed at giving law enforcemen

ukrainian russian-speaking group nlb has already taken over, however, mts bank said that the leak of banking secrecy has not yet been confirmed there, nothing threatens customers, most banks assume that the leak happened on the side of the retailer or digital service provider. the egyptian airline eline announced that it was temporarily suspending flights to moscow from september 8 to 17. according to the airline's taso, there are only two aircraft due to production needs, and they have technical malfunctions. the carrier is ready to postpone the date of the trip to a later date or in case the passenger refuses to fly to compensate the cost of tickets in full to passengers who, because of this, are stuck in sharm el-sheikh, their stay in hotels is extended and an alternative flight to moscow will be provided, the press service of the tour operator, intourist, reported. transactions in russia and belarus since october 27, this is reported by nike , referring to a letter sent by a client of the bank, it follows that the banks of the group will stop processing commercial payments and explain this quote

>> the bank secrecy act gives key authorities to both the u.s.asury but also we have some authorities and we've been working alongside of that and the answer is they have certain responsibilities, the investment advisers have certain responsibilities with regards to these funds. but we are in discussions about whether there might be important further steps to take consistent with the bank secrecy act. >> now, since these funds, the private funds, hedge funds, private equity, et cetera, are as you've indicated, the larger ones systemically important, should they report publicly as public companies do? i mean, they control as much as one might say even have more leverage over the economy than some of the publicly reporting companies? >> it would be a choice of congress. our his closure regime is for public companies where there's over a certain number of investors or if you're listed on the new york stock exchange. these private funds are private in part because they're not listed on the stock exchanges and they don't have over a certain number of

devil is in the details and if we recall that for example the national bank did not have access to bank secrecy for a long time without a court decision, it was obtained not so long ago and it has not yet become a systematic practice of its use or is illegal, for example there is still no access to all foreign registers a-a, then we may face a situation when the declarant, for example, previously declared the absence of corporate rights, er, it was checked, it was violated, it was not detected because there was no access to the registers, now the nazk may have access, they will look at what yes, after all, there were undeclared corporate rights, however, this will not have negative consequences for the declarant, and since it is forbidden to check it. well, i will ask at the end what is alarming, as there are many different news that in one way or another relate to newly created entities and bodies that are supposed to fight corruption at the highest level and first of all this is about nabu and from the very beginning there were questions about the results of the competition as a result of whi

megabytes of data on it, but was almost immediately arrested in zurich on suspicion of violating bank secrecy laws. he sat in.

russian-speaking group nlb has already taken over, nevertheless , mts bank said that the leak of banking secrecyn confirmed yet there is no threat to customers. the bank itself assumes that the leak happened on the side of the retailer or digital service provider. asian bourses arrive in the red zone influenced by statistics from japan gdp for the first quarter rose less. than expected, and trading on the hong kong stock exchange due to heavy rains is closed today, the russian indices are slightly corrected after yesterday's fall on 2%. russian currency. today it is at rest. and one of the reasons is losing a little, the dollar is getting cheaper oil above ninety-eight, the rate is 98 46 euros 105.5. the ministry of finance wants to give the russians the opportunity to prohibit themselves from participating in gambling. according to the bill, rbc drew the attention of rbc , it is assumed that a special list of persons who have refused to participate in gambling will appear. it will be a single regulator of gambling, as planned, the russian will be able to write to the organizer of gambling with

my address is such an invasion of privacy, but a disclosure of banking secrecy.e, write who is threatening to kill you, who is threatening you with the killer tits in that place, when you needed another illusion of money, and they, uh, said that something didn’t suit them, having heard the sloppy wording about bunk on the path lawyer elena senina came out during the war, she was not afraid to stand up for the victims, no, advocate. khaidarova did not contact me. you know, in general, the position of the best defense of an attack, which was expressed by alexander the great many, many centuries ago, has perhaps not lost its relevance, but the situation does not always exist. how when necessary, but admit ah, or that you are wrong, or at least try. vibrations make contact. now this iron lady intends to achieve justice, at all costs, i ’m really a human and uh, i’m really a woman and i also want to be beautiful, like every normal woman, and i’m participating in in this matter, not only because the law somehow obliged me. this is absolutely my voluntary decision, just

really working with our colleagues at the department of treasury around any money laindering, bank secrecy act, in the investment adviser space. >> thank you very much, mr. chairman. thank you. >> thank you for your testimony today. for senators who wish to submit questions for the record, they're due one week from today, september 19. the witness will have 24 days to respond. with that, the hearing is adjourned. >> thank you, chair sinema. [captions copyright national cable satellite corp. 2023] [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. visit ncicap.org] >> this evenin former president and 2024 republican presidenti cdite donald trump is the keynote speert the concerned women for america summit in washington, d. watch live at 7:00 eastern on c-span. c-span now, our free mobil video app, or online at c-span.org. >> c-span is your unfiltered view of government. we're funded if

include money laundering, bank fraud, wire fraud, mail fraud, health care fraud, violations of the bank secrecy act, income tax evasion, and income tax related charges, which is identity theft and violate false claims for income tax refund. ziegler has won multiple performance awards throughout his career for recognition of his work. mr. gary shipley is the advisory special agent of the international tax and financial crimes division. shipley started his career in july of 2009. he was in the department of justice text vision from 2013 to 2018 investigating foreign institutions. foreign financial institutions. he was also assigned to the joint terrorism task force working as a task force officer at both the fbi washingtonville this, and the fbi baltimore field office. mr. shapley was promoted to supervisory special agent of the elite etf seat group in 2018. he also served as the assistant special assistant in charge of both the new york field office and chicago field office. i want to thank again both gentlemen for their willingness to come forward and share their testimony today for the members

investigations, the type include money laundering, bank fraud, wire fraud, mail route, violations of the bank secrecy the act, income tax evasion and income tax related charges such as identity theft in filing claims for income tax rate. mr. ziegler has won awards throughout his career in recognition for his work. mr. shapley is a supervisory special agent of the international tax and financial crimes group. shapley started his career with the irs in july 2009. he was detailed to the department of justice is tax division from 2013 to 2018 investigating foreign institutions. foreign financial institutions. he was also assigned to the joint terrorism task force working as an officer at the fti washington office in the fti baltimore office. mr. shapley was promoted to supervisory special agent of the elite i tfc group in 2018 he also served as assistant agent in charge of both the new york office and chicago is. i went to akin thank both gentlemen or their willingness to come forward and share their testimony today for the members of this committee for the american people. pursuant to committee rule 9g,

banks. the group acted coherently and clearly, using methods of secrecy, which allowed it to avoid being caught money was seized from the defendants and a criminal case was opened against them. but tastes don’t argue . two italians from chelyabinsk are shouting about tastes and so emotionally that it reached the arbitration court. two chefs are trying to figure out who’s pizza is better. and who does it even belong to? and whoever can cook it, everyone defends their right to an exclusive star pizza, one has already given it a name and registered a trademark all this time, it has never been a partner in his cafe continued to cook it the same dish and intentionally prove that a special creation from the dough is its design and recipe. what arguments do former friends give in their favor and how it will be resolved, daria solomova will tell this delicious story. instead of a chef's uniform, a t-shirt and a hat are the only way an italian says, she jambita feels like a real creator in the kitchen. dashingly twists the pizza blank, adds ingredients and the main secret is to close the edges so as to

secrecy? >> so, in cyprus, for many years you could open a bank account without having a lot of questions asked company without having a lot of questions asked, meaning you can put the money there without needing to tell who you are, where the money comes from. >> cyprus became as famous for its opaque banking as its clear water. soon, like sun-starved tourists, foreign money started pouring into the island. >> by 2012, the country of about a million residents had amassed bank deposits of nearly 72 billion euros. about 30% of those bank deposits came from russian nationals. but in 2013, the tide turned. the debt crisis in neighboring greece threatened to sink the cyprus economy. lawmakers, fearing the country would lose all that russian capital, pushed a scheme other countries had used to attract wealth - a "citizenship by investment" program. >> from the beginning, for me, this was unacceptable. >> here's how it worked. any foreigner who invested more than 2 million euros in the country, typically, buying real estate, could get a cypriot passport...a coveted possession because cyprus is part o

speed trade is a constant place, nothing up the hills, the banks begin to set topping tunnel exchanges, which allow trades to take place in secrecy. the more than 40 of the so called dark pools are established as alternatives to the 13 regular stock exchanges . in the usa, i love the movement of investors into the dock pools forces the stock markets, decatur to the high frequency trade us and they soon make up the majority of traits . some estimates put the number as high as 70 percent before alone. the banks themselves kind of resist the temptation of the high frequency money and open up the dump pools. high frequency trading speed is only important that you will see of course sheets that he does the let me know when you shall g r o v. who do you me? who's going to go to lunch? it does or doesn't. yeah. the main street before the furniture pieces we launched, basically into a we traded through it, we scale it out over our rooms and memberships and major changes pretty much hit when i called full footprint. and we went to a half percent us market share pretty much over night. and uh, things were going very well until may 2009. wh

the banks begin to set up in tunnel exchanges, which allowed trades to take place in secrecy. the more than 40 of the so called dark pools are established as alternatives to the 13 regular stock exchanges . in the usa, i love the movement of investors into the dock pools forces. the stock market is dictated to the high frequency traders and they soon make up the majority of traits . some estimates put the number as high as 70 percent before alone. the banks themselves cannot resist the temptation of the high frequency money and open up the dock pools to high frequency trading. speed is only important that you will see that pushy executives are letting me know when you shall g, r, o v o. d, close going old, she'd love to visit and you the tree. before the furniture pieces we launched, basically into a we traded through it, we scale it out, overall rooms and memberships and major changes pretty much hit when i called full footprint. and we went to a half percent us market share pretty much over night. and uh, things were going very well until may 2009. when things mysteriously s

banks. the group acted in a coordinated and precise manner, using methods of secrecy, which allowed it to escape radar of operational services for some time. during the search , money was seized from the defendants and a criminal case was opened against them. nine was once the dream of millions for many, in general , vitaly’s first love was a car enthusiast of the pepsi generation , but he also kept nine, the desired truth was in at the beginning of the summer of 1918, i put the car nine up for sale, took care of it regardless of age, but suddenly they started throwing links. there was a fatal accident here, olga schultz curses the nine at the wheel. she was traveling as a passenger; her husband, in that accident, olga lost both her brother and her husband; her brother was selling a nine. that same evgeniy let’s just skip your waste paper, he’s like a reseller. i found out. it was later that the reseller evgeniy did not intend to register the nine for himself, and olga’s deceased brother shultz i just didn’t have time , it wasn’t even registered on it. i just bought it before. yeah , literally n