American Banks 'High' On Drug Money: How a Whistleblower Blew the Lid Off Wachovia-Drug Cartel Money Laundering SchemeQuicklink submitted by Joan Brunwasser Permalink
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|We are currently living under government more interested in preserving the integrity of financial operations that it has investigated for fraud and money laundering. Even more appalling is the fact our government found the institutions guility of intentionally breaking the law. And still no real punishment.British investigator Martin Woods felt a relief of vindication when he received the news that Wachovia confessed to all the illegal activity that he brought to their attention. But instead of being commended for a job well done when he uncovered the 'dirty money' scheme the executives made him the villain. In May 2009 he settled the 'whistleblower' lawsuit for an undisclosed amount of compensation against Wachovia. Martin Woods is on the rebound and now runs a London-based company called 'Hermes Solution,' drawing on his expertise.|
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