scroll
As Frankel awaits sentence, loose ends abound - Cases tied to ex-Toledoan include 5 states vs. Vatican By Robin Erb "Marty Frankel spends his days in an 8-foot by 12-foot brick jail cell in Central Falls, R.I., awaiting his fate. Meanwhile, in a courtroom an hour's ride away, federal prosecutors have dismantled the multimillion-dollar empire he built by gutting the assets of struggling insurance companies, ultimately trying to launder the stolen funds through the Vatican - an effort that almost succeeded because of help he received from some of the Holy See's high-ranking authorities, according to a pending lawsuit. It was a scheme that would prompt a global manhunt and make the former Toledoan the subject of two books and countless articles....State charges were lodged against several defendants. Civil claims have cropped up around the country; the most sensational of the civil suits is one filed in 2001 by five states against the Vatican. In those five states - Mississippi, Tennessee, Missouri, Oklahoma, and Arkansas - a guaranty fund formed by the states' insurance companies had to shell out millions of dollars to cover the more than $200 million in assets of the seven companies drained by Frankel. Now the states are looking for a way to recoup the losses. The states' insurance commissioners contend that the Vatican violated the federal Racketeer Influenced Corruption Act. That's because, in his quest to wash money through the Vatican, Frankel had enlisted the help of elderly Msgr. Emilio Colagiovanni, the head of the Monitor Ecclesiasticus, a 120-year-old publication that interprets church law and disburses money to charities, according to the suit. Frankel proposed to the monsignor and other high-ranking Vatican officials that he would set up a charitable fund and place $55 million in it. The Vatican would be able to take $5 million for the charities it saw fit. In return, several of the officials received cash or gifts from Frankel, the suit contends. The Vatican has denied that it accepted any of the funds, and only Colagiovanni has been convicted. Still, while lawyers have been exchanging motions in the suit and a trial date hasn't been set, several other chapters in the Frankel story are closing. Ten of Frankel's 11 codefendants are in various stages in the court system. Four of them are serving a combined 278 months, or more than 23 years, in federal lockup. Five are scheduled to be sentenced in the coming months." http://www.toledoblade.com/apps/pbcs.dll/article?AID=/20040809/NEWS08/408090317/-1/NEWS
http://www.truthout.org/docs_04/081204Z.shtml
Halliburton Questioned on $1.8 Billion Iraq Work - WSJ
Reuters Wednesday 11 August 2004 New York - Pentagon auditors have concluded that Halliburton Co. failed to adequately account for more than $1.8 billion of work in Iraq and Kuwait, the Wall Street Journal said on Wednesday, citing a Pentagon report. The amount represents 43 percent of the $4.18 billion that Houston-based Halliburton's Kellogg Brown & Root unit has billed the Pentagon to feed and house troops in the region, the newspaper said. It said the findings in the 60-page Pentagon audit report, dated Aug. 4 but not publicly released are likely to increase pressure on the U.S. government to withhold hundreds of millions of dollars of payments to Halliburton. This, it said, potentially threatens the services that KBR provides U.S. troops and other personnel in Iraq and Kuwait. Vice President Dick Cheney was Halliburton's chief executive from 1995 to 2000. www.ctrl.org DECLARATION & DISCLAIMER ========== CTRL is a discussion & informational exchange list. Proselytizing propagandic screeds are unwelcomed. Substance—not soap-boxing—please! These are sordid matters and 'conspiracy theory'—with its many half-truths, mis- directions and outright frauds—is used politically by different groups with major and minor effects spread throughout the spectrum of time and thought. That being said, CTRLgives no endorsement to the validity of posts, and always suggests to readers; be wary of what you read. CTRL gives no credence to Holocaust denial and nazi's need not apply.
Let us please be civil and as always, Caveat Lector. ======================================================================== Archives Available at:
http://www.mail-archive.com/[EMAIL PROTECTED]/ <A HREF="">ctrl</A> ======================================================================== To subscribe to Conspiracy Theory Research List[CTRL] send email: SUBSCRIBE CTRL [to:] [EMAIL PROTECTED]
To UNsubscribe to Conspiracy Theory Research List[CTRL] send email: SIGNOFF CTRL [to:] [EMAIL PROTECTED]
Om
