White Collar Forex
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In its White Collar Crime program, the FBI focuses on identifying and disrupting significant economic, health care, financial institution, and intellectual property crime threats.
White Collar Forex
Equiticorp and the infamous 'H fee' money transfer scheme ranks as New Zealand's most notorious white collar crime. Novokuznetsk forex club. Best binary options trading signals. The saga is from the height of the 1980s excesses in New Zealand, involving $327million in money exchanged through complex business transactions designed to hide what was going on. When it unravelled it saw high flying businessman and Equiticorp boss Allan Hawkins fall from grace and jailed and lead to severe criticism of the Labour government of the day - which was found to be involved in the money go round.
The Labour Party is alleging National leader John Key is somehow tainted by association to the 'H fee' - Key was a foreign exchange dealer for Elders Merchant Finance in Wellington at the time. Elders and its parent company Elders IXL Australia were involved in the deal. The H fee involved two sham foreign exchange transactions through an arrangement devised by Equiticorp for receiving money from Elders IXL in Australia. The H fee payments - the letter ‘H' was widely thought to have stood for Hawkins or his nickname Harold - were in two parcels, one involving A$39.5 million and another of A$27m, sent to NZ from Australia in January and September of 1988 respectively. Last year, mindful of Labour brewing up a scandal over his employment at Elders - the company involved in forex dealings when the money was shuffled across the Tasman - Key went public saying he had left the firm in 1987 before the fee was devised.
