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More arrests needed as Western megabanks are now stealing depositors’ money

August 13, 2015

… Benjamin Fulford Update, August 12, 2015

Noted:
* Malaysia Meltdown: Asian Currency Crisis 2.0 Sends Ringgit, Stocks, Bonds Crashing

Source of report here.

JP Morgan and other Western mega-banks have already begun stealing depositors’ money, according to sources at the Asian Development Bank and an American millionaire who reported his own funds were stolen. The development bank source said a man who had $4 million on deposit with JP Morgan contacted him to say the bank had refused to allow him to withdraw his money. Instead the man was offered a “365 day bank guarantee.” In other words, the bank would not give him his money but offered to tell other banks that he had money. Many of the largest Western banks are now keeping themselves from going bankrupt by offering “guarantees” to each other, the source said. The American millionaire, based in Washington State, said more than $100 million of his money had also been stolen outright. A Japanese financier also told this writer that Citibank had stolen more than $10 million of his money he deposited at their branch in Tokyo. A Japanese female acquaintance said she had too had $50,000 stolen from her account at the branch of an American owned bank in Tokyo. The banks were not available for comment at the time of this writing but it is clear from this anecdotal and also from public evidence (like derivatives holdings and market manipulation) that most Western mega-banks are no longer functioning properly.

The US military and agencies are on the case and criminal investigations are ongoing, according to Pentagon sources.

However, the Pentagon sources say the Pentagon has been unable to bankrupt the UNITED STATES OF AMERICA Corporation and restore the Republic of the United States of America because of objections from the Chinese. The Chinese are saying that if the Federal Reserve Board Washington DC subsidiary declared bankruptcy, all of their over $3 trillion in hard earned US dollars would become worthless. If that was the case the Chinese would stop supporting the internationally traded US dollar and thus stop subsidizing all US military activities outside of the continental United States.

What all this means is that some sort of transition will have to be, and is being, arranged.

In the meantime, pressure from the military rank and files, especially from the Colonels, means that the leadership of US Joint Chiefs of Staff will….

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From → World Watch

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