RICO - Racketeer Influenced Corrupt Organizations and Your Government
What is RICO and how does it apply to the BC Securities Commission, the BCIMC, and numerous other individuals and public/corporate bodies in both Canada and the US?
( BREAKING NEWS UPDATE, The bcIMC has changed its website and no longer goes by the title bcIMC. The BC Investment Management Corporation is now known as BCI and can be found at www.BCI.ca. We believe this may have been done in response to mounting public questions and concern regarding the crimes that have been committed by certain BCI/bcIMC employees. Links to the bcIMC that were part of articles regarding the bcIMC may no longer work due to the recent changes. The BC Investment Management Corporation can change its name but it will not be able to hide its crimes any longer..)
The posting that follows could be considered a sequel to the blog entry in January of this year seen here,
The Investment Funds Institute Of Canada, BCIMC, BCSC, KPMG, and Paul Bourque.
In order to continue to properly frame the magnitude of the crimes taking place we must first have a quick review of the RICO Act and its various counterparts in their respective nations. We will then move on to further connections between the BCIMC, the BCSC, and various entities including a multinational communications firm named Serco with many government contracts around the globe.
The purpose of this post as with the post referred to above is to outline the types of connections that exist between corporations and our government bodies which may be used to continue to commit mass fraud and embezzlement of the public not only in Canada but around the globe. Much of this post will focus on the BCSC as an example of regulatory failure, and the bcIMC as a crown pension fund and how it stands to profit from such systematic 'failures' at best and blatant criminal offences at worst.
We understand and are aware that the situation runs broader and deeper then the BCSC, bcIMC and the problems here out West however the purpose of this post is simply to outline the connections that exist that allow manipulation of information and control of our governments communications systems by financial institutions with ties to global money laundering, terrorism, drug epidemics, and fraud and of course your financial regulators.
The RICO Act could apply to many of the various stories, broad range of topics and cases we have covered in this blog.
The RICO act is a US Federal Law passed in 1970, see exert from Nolo Legal Encyclopedia below,
"Passed in 1970, the Racketeer Influenced and Corrupt Organizations Act (RICO) is a federal law designed to combat organized crime in the United States. It allows prosecution and civil penalties for racketeering activity performed as part of an ongoing criminal enterprise. Such activity may include illegal gambling, bribery, kidnapping, murder, money laundering, counterfeiting, embezzlement, drug trafficking, slavery, and a host of other unsavory business practices.
To convict a defendant under RICO, the government must prove that the defendant engaged in two or more instances of racketeering activity and that the defendant directly invested in, maintained an interest in, or participated in a criminal enterprise affecting interstate or foreign commerce. The law has been used to prosecute members of the mafia, the Hells Angels motorcycle gang, and Operation Rescue, an anti-abortion group, among many others."
Nolo - Legal-Encyclopedia/RICO Act
You can see the US Justice Departments specifications of the RICO Act here
US Dept Of Justice-9-110.000 - Organized Crime And Racketeering
They run through a broad ranging number of crimes including embezzlement, extortion, and financial fraud of all kinds as well as crimes against property and person.
To further understand RICO Crimes see the exert below from Federal Charges, a legal help site.
How It WorksTo successfully prosecute for RICO it must be shown that members of a criminal enterprise engaged in a pattern of racketeering that had an effect on interstate commerce. Those elements need to be broken down for an explanation:
- Criminal Enterprise – Any organization that works together over time and has an organizational structure with one or more persons making decisions for the organization. The enterprise can have either an illegal or a legal purpose.
- Pattern of Racketeering – The members of the organization must have engaged in ongoing illegal activity. At least two predicate crimes (explained below) must have been committed. Two separate and unrelated crimes are not considered a pattern of racketeering. There must be some kind of ongoing scheme of criminal activity.
- Effect on Interstate Commerce – This merely refers to anything that has any effect on commerce when that effect is not entirely limited to one state. Any economic activity of any substance normally meets the criteria.
Predicate CrimesRICO charges cannot be filed against people who engage in any criminal activity. The statute lists particular criminal activity. These underlying crimes that can trigger RICO charges are called predicate crimes. Some examples of the listed crimes are:
- Money laundering
- Securities Fraud
- Dealing in obscene material
- Drug trafficking
See source for more-
It should be noted that according to Wikipedia Canada has similar laws regarding RICO crimes,
See exert below,
International equivalents to RICOThe US RICO legislation has other equivalents in the rest of the world. In spite of Interpol having a standardized definition of RICO-like crimes, the interpretation and national implementation in legislation (and enforcement) widely varies. Most nations cooperate with the US on RICO enforcement only where their own related laws are specifically broken, but this is in line with the Interpol protocols for such matters.
By nation, alphabetically
- In Australia the Australian Crime Commission has powers based on similar legislation and regulations.
- In Canada the Royal Canadian Mounted Police and the Office of the Superintendent of Financial Institutions enforce rules and regulations[which?] that cumulatively are equivalent to RICO.
- New Zealand has a similar arrangement and commission to Australia, in the form of the Organised and Financial Crime Agency of New Zealand (OFCANZ).
- In Jamaica, the Major Organised Crime and Anti-Corruption Agency (MOCA) was founded in 2012 to combat organised financial crimes and bribery
We have already visited the conflict of interest that is created through having a Self Regulating Organization (SRO) like the BCSC that is supposed to be a fair and unbiased financial market regulator own financial securities in the market it regulates. See Conflicts Of Interest and The Sham That is Compliance We then covered how the BCSC owns securities in a corporation (the bcIMC) that does business in the market it regulates here, BCSC Holds BCIMC Securities, Does the BCSC Know the Meaning of Words Like Conflict Of Interest and Integrity? and below among other posts on the subject, BCSC, BCIMC, Pepsi Co, and Coca Cola.
Now lets have a look at some of the other interesting connections and relationships that may involve the BCIMC, and/or the BCSC. First up we ask why the BC Attorney Generals office under former Attorney General Ms. Susan Anton has never done anything about the well documented crimes that have plagued BC for years despite being made aware of many of them? These crimes include the crimes against the English Family seen here, http://cuabcimc.blogspot.ca/.
Crimes against Mr. Harold Blanes seen here, WWII Vet Appalled at Lack of Rule of Law in Canada.
Crimes against myself (author of blog) and shareholders of Spyru/U-Go Brands some of which details can be seen here, Why All the Unpaid Fines Owed to The BC Securities Commission?. See recent development on this case here THE MAGICIANS AT THE BC SECURITIES COMMISSION MAKE $35,000,000 DISAPPEAR!. (The BCSC has dropped millions in disgorgement penalties against myself, the author of this blog and in various other cases.) We believe this is so that they can begin to attempt cover their %$* so to speak for wrong doing in numerous cases as we have detailed in this blog.
Further crimes include another ongoing massive RICO fraud we believe is still unfolding in regards to St. Elias Mines which had a former ticker symbol of SLI which traded on the NY Stock Exchange as well as TSX.
A little on this story can be seen here, more to come in the future on this huge story.. The suspected theft of what was supposedly huge find of gold in South America.
What Does The BCSC Do All Day? It Certainly Doesnt Administrate Justice!
There is of course also the issue of Barrick Gold and its various connections to the events leading up to and surrounding the false flag attacks on 9/11, the Bushes, international arms dealer Adnan Kashoggi and the CIA as well as its nefarious dealings in third world countries around the globe.
How does such a corporation commit such atrocities as well as collude to rig the gold market without any interference or questioning from the financial regulators in Canada?
If such a massive RICO ring does exist what would it look like here in BC?
Well in this case it all starts with the BC Ministry of Justice in BC, how does one cover their tracks and ensure that a case against the Cabal which runs this syndicate never has a chance at real success?
It all starts with control of communications, we have already described to you how the BCIMC holds or is associated with hundreds if not more companies around the globe. We have covered how the BCIMC used terrorist and mob extortion tactics in collusion with public officials and law enforcement officers among others in order to steal a $200 million dollar ocean front property owned by a Mr. English and his family in Tofino. In this case every legal avenue has seemingly been shut down for Mr. English as most authorities refuse to admit any crimes have taken place at all despite mounds of obvious evidence to the contrary. The BC Ministry of Justice's office has been compromised for a long time, even a well meaning Attorney General will have a hard time getting any real work done when their offices communications are not under their own control.
So who controls the communications of the BC Ministry of Justice? Certainly not the BC Government or its the people of British Columbia. A foreign company out of London, England named Serco is responsible for 'securing' our all of our communications regarding issues at the BC Ministry of Justice. See https://www.serco.com/
Serco - Who Owns it and What is it About?
The people of British Columbia and the BC Government do not control the communications of one of the most important offices in the province, the BC Ministry of Justice. Also of grave concern is the fact that Serco controls communications for the Canadian Department of National Defence.
Interestingly enough Serco is deeply embedded in running the communications systems for many agencies of the United States Government, from the US Department of Justice to the US Marines there are few areas of government in North America on both sides of the border that Serco does not touch. The same can be said for many other nations around the globe.
Who owns Serco?
According to the link provided below a range of various global funds and financial institutions hold Serco. Serco - Shareholders
See an interesting look at Sercos UK operations which have been under flak for fraud over the last decade or so here, The Guardian - Can Winston Churchills Grandson Save Serco? Is It Worth Saving?
An exert from the Sydney Morning Herald gives a little more insight into the corporation that controls the communications for our British Columbia Ministry of Justice, see below.
Source - What is Serco Hiding?
One has to remember that due to a large number of funds invested in companies like Serco it is not always possible to reveal in full who a companies owners are even if the company is public. Many private corporations can put money into these funds quietly without being traced easily.
According the leaked video seen below Serco's shareholders/owners are the largest banks and financial institutions on the planet, many with less then stellar track records and reputations.
See an exert from 21st Century Newswire below for a brief overview of Sercos' activities.
SERCO: ‘The biggest company you’ve never heard of’
As politicians asset-strip the public’s portfolio of properties, infrastructure and services, one multinational corporation has grown as a result – and its scope and reach may shock many people who have not been paying attention.
All around the globe, our governments are busy outsourcing public-sector services like health, education, police, prisons, money delivery and military – to the esteemed private sector. It’s sold to the public as a solution to avoiding higher taxes, while retaining better services. But it’s simply an accountancy shell game, where the government kicks the can down the road by spreading the bill to the taxpayer over a longer period of time, in order to avoid any large upfront payments – all the while, allowing a private corporation to extend its influence over society. This, by definition, is fascism.
They are called SERCO, and they run countries…
See source for the full story..
See video below for more on Serco.
Why is this important to Canadians and the fight to restore the rule of law in North Americas financial systems?
The BC Ministry of Justice is Compromised, So Are the Financial Markets.
How did this Happen?
Serco controls the communications for the BC Ministry Of Justice, this means that even if a BC Attorney General wanted to truly pursue the massive amount of financial crime they would be sabatoged from the beggining. Anyone attempting to pursue justice in BC Courts is hard pressed especially when up against any entity connected to the Ministry of Justice, bcIMC, or the BCSC as Serco is connected in one way or another to all of them.
As we have mentioned Serco is owned by some of the largest financial institutions in the world and find themselves in a position to control the flow of information for many governements and competitors. Does one really beleive that they would not attempt to take advantage of this in a criminal manner given the already compelling evidence that they deal in deception?
We are going to consider some companies which have ties to the bcIMC and by default the BCSC as we contuninue to unwravel the ties in what is essentially as massive RICO operation run inside North American governements at many levels. Once again we want to be clear this does not mean that every government official is involved and guilty. Many officials are not aware or do not understand the scope of what is going on, how is this posible one may ask? Many others are held hostage in some manner of speaking.
This of course begins with the perversion and Destruction of the Rule of Law (International Business Times, See authors notes *) in our financial systems as well as now our law courts and judicial systems. The lack of understanding or adherance to the rule of law among public officials is a major issue.
The system is flawed from the start and this is what allows a criminal element to easily manipulate cases and evidence for their own benefit. We will not detail all this in this article for brevity's sake however the following links may provide some insight. When do actions taken by a Gov't regulatory and enforcement agency lose the protection rendered by 'good faith' clauses and become crimes? Are public officials immune from prosecution for any crime committed during their course of duty by invoking a 'Good Faith' clause?
We say Section 171 of The Securities Act (rsbc 1996) does not constitute the right of the Securities Commission to commit the various criminal offences we have alleged and outlined on this blog.
Also see BC SECURITIES COMMISSION HAS NO REMEDY UNDER THE SECURITIES ACT FOR CRIMINAL BEHAVIOR.
Despite the insistance of many public officials that the BCSC is master of its own domain as a SRO (Self Regulating Organization), the truth is that according to the Rule of Law and the Fundamentals of Justice which supposedly govern this nation the BCSC like anyone else must operate within the confines of the law. We know this is not possible due to the many conflicts of interest that exist the organization is based upon.
A self funded and self regulatory regulator cannot operate in a just and fair manner to ensure market integrity. By its very nature it will be inclined to self preservation and as such its employees and officers will be inclined to the same. This is how entrapment becomes a very possible reality.
We have covered much of this on this blog and in articles like this, Conflicts of Interest and the Sham that is 'Compliance'.
Now to demonstrate the connections. We already know that the BCSC is connected to the bcIMC through its holdings of securities with the bcIMC. We have covered the bcIMC and its connections to disgraced auditor KPMG as well as CAI Private Equity which continues to be involved in fraudulent activity as well as the massive theft of the English Families Tofino property in which it would appear that the bcIMC was a major player.
If Serco and the bcIMC are somehow connected and Serco is running the BC Governments Justice department is it any wonder that cases like Mr. English's case against government officials are being buried in court and any chance at justice is continually obstructed? What about Mr. Alan Blanes and his fight for justice for his father and the nation? When they are up against major financial institutions, government pension funds and regulators themselves it becomes apparent whom the regulators really protect and its not the innocent victims.
We know Serco is connected to the BC Ministry of Justice. Now lets look at companies which own Serco and also happen to be held by the bcIMC. Again one has to remember that due to a large number of funds invested in companies like Serco it is not always possible to reveal in full who a companies owners are even if the company is public. Many private corporations can put money into these funds quietly without being traced easily. Due to this as well as time and space constraints on this article not all companies connected are mentioned, these are just a few.
It should also be noted that we are not suggesting that these companies are guilty automatically of the same crimes we have demonstrated are being commited by various governement officials in many levels of government on both sides of the border in this blog. We are simply demonstrating the type of connections that may be in place in order to facilitate such as RICO ring as we have been covering and demonstrating on this blog.
We have used 2016 bcIMC Inventory Report from bcIMC for reference. See bcIMC 2016 Inventory Report.
Bank of NY Mellon
bcIMC owns $33 Million worth of Bank NY Mellon securities according to its own 2016 Investment Inventory report.
Black Rock Holdings
bcIMC and Black Rock Inc.
See BlackRocks Serco Holdings
See source - http://investors.morningstar.com/ownership/shareholders-major.html?t=XBER:SEO
Interestingly enough also owned by Black Rock Inc. and the bcIMC are shares in Federal Finance Minister Bill Morneau's Morneau Shepell Inc. according to the source below.
Source - Major Shareholders in Morneau Shepell Inc.
More on Finance Minister Bill Morneau shortly but first we will continue with a couple more examples of holdings connecting Serco with the bcIMC.
Remember Serco controls the BC Ministry of Justice communications and the BC Investment Management Corp (bcIMC) is the pension fund for many BC Public Servants including the provincial financial regulators the BCSC which hold Securities with bcIMC.
JP Morgan and Chase Co.
bcIMC holds $163 Million in JP Morgan Chase and Co. JP Morgan and Chase and Co also happen to be listed as External Managing Partners of the bcIMC.
bcIMC - JP Morgan Holdings
bcIMC - JP Morgan and Chase Managing Partners
Loyds Banking Group
The bcIMC holds $62 Million in Loyds Securities
According to sources noted at the begining of this article Loyds is a shareholder in Serco PLC.
Northern Trust - Who is Custodian of the bcIMC?
Northern Trust is the global custodian for bcIMC assests.
Northern Trust also happens to be connected to Serco according to the leaked video we posted at the begining of this article.
We could continue to run through links in this manner however we want to be brief as possible.
The purpose of this demonstration is to show how it could be possible for these financial institutions to subvert the rule of law through leveraging connections in a key investment (Serco) in order to not only protect their investments but continue to defraud the public worldwide.
We now move on to Canadian Federal Finance Minister Mr. Bill Morneau and his connections to the bcIMC. Would his connections to bcIMC be one of the reasons he and Prime Minister Justin Trudeau are ignoring the ongoing crimes committed at the bcIMC?
Morneau Shepell Inc, Black Rock and bcIMC.
It will be very hard to reform the financial system in Canada when the coruption starts at the top.
Whether it be the refusal of Federal Finance Minister Mr. Morneau to speak of or recognize the COMER vs. Bank Of Canada case before Canadian Supreme Courts which would eliminate debt money and restore sovereign money to the people and/or the scandal regarding the involvment of Mr. Morneau and his firm Morneau Shepell Inc and its ties to offshore accounts, the finance ministry is compromised from the top.
See Black Rocks Morneau Shepell holdings below
Morneau's connections to offshore accounts can be seen here at Offshore Leaks.
Who else owns shares in Morneau Shepell?
The bcIMC of course!
Here are the holdings of Morneau Shepell by the bcIMC seen at the bottom of this screen shot.
Why is this important? Firstly this is the man who is in charge of Canada's finances, it is vital to understand who is investing in his firm in order to understand what possible influences the Finance Minister may have when acting for the nation. Second we note that the regulators will have a hard time going after Mr. Morneau for tax evasion or any other financial frauds when regulators like the BCSC own securities in the bcIMC which in turn owns securities in Morneau Shepell Inc. Its like the dog chasing its tail.. Its never going to work.
Third we note that Mr. Morneau is very connected to Black Rock Inc. which is one of the primary advocates and will likely be a key beneficiary of the new Canadian Infrastructure Bank (CIB)
See an article from CTV here for more on concerns with Black Rocks involvement in the new bank,
CTV - Federal Cabinet to Have Final Say On New Infrastructure Bank Projects - Morneau.
An article in the Toronto Star highlights further concern regarding offshore tax evasion in Canada, it is simply being legalized and billions if not more is being siphoned out of the country.
How Offshore Banking is Costing Canada Billions of Dollars a Year
Going back to the COMER case against the Bank of Canada it is absolutly criminal that this is even being considered. We have the ability as a nation to restore the Bank of Canada so that it can print its own sovereign currency without paying interest to a private cartel of bankers in order to finance the nation. Despite this ability a handful of powerful and corrupted bankers and public officials have stolen that power through the Basel Accords and forced the nation into debt to fund public projects.
Now on top of that somehow Finance Minister Mr. Morneau and the Liberals have convinced the public that in order to continue to build infrastrcuture they need to attract foreign investment and partner with firms such as Black Rock in building public projects.
What they are not telling the public is that these projects will cost the public more then if the Federal Government had just borrowed the money to finance the project never mind printing debt free money to do so.
These private investors will want more then the standard interest rates the BOC currently pays on borrowed money. Mr. Morneau and Black Rock have found a new way to siphon even more cash from hardworking and innocent Canadians pockets. All with the help of regulators and crown corporations of course.
bcIMC And Offshore Banking Connections
To go back to the bcIMC and its connections to organized crimes we note its connection to offshore investments and the Appleby Law Firm in Bermuda, a now well known offshore tax haven. See
The bcIMC is one of many sovereign wealth funds/crown corporations that have been colluding with a criminal cabal and siphoning money from the public however they can by running a variety of frauds often involving the theft of natural resources, properties and other valuable assets. The use of para-military force is not out of the question for this cabal as they strip the Canadian public of their wealth.
An exert from a recent article on The Breaker news site sheds more light on the bcIMC and its offshore connections.
B.C. Crown corporation goes silent about its appearance in the Paradise Papers
British Columbia’s public sector pension investor is listed in the Paradise Papers, the database of offshore investments leaked to a German newspaper and published by the International Consortium of Investigative Journalists.
B.C. Investment Management Corporation, which goes by the brand bcIMC, reported $135.5 billion in assets under management for the year ended March 31, 2017.
bcIMC and several related companies are in the database, including a bcIMC company registered in Bermuda at the tax haven’s now famous Appleby law firm.
The database, which was published Nov. 17, shows bcIMC (USA) Realty Investments LP was incorporated July 23, 2013 at a Canon’s Court address in Hamilton, Bermuda.
Before that, however, three bcIMC entites were shareholders of China Homes Limited, a company incorporated in Bermuda on Oct. 6, 1997 that closed Dec. 30, 2009. Its auditor was the Shanghai office of PricewaterhouseCoopers.
China Homes shareholders included bcIMC International Real Estate (2002) Investment Corp., bcIMC International Real Estate (2002A) Investment Corp., and bcIMC (WCB AF) Investment Real Estate Investment Corp., all with registered offices at the Vancouver law firm Lawson Lundell.
For a brief period — from March 15, 2002 to Nov. 13, 2002 — bcIMC’s 2014-retired CEO Douglas Pearce and vice-president of real estate Charles Swanson were directors of China Homes. The ICIJ database listed Pearce’s Brentwood Bay residence and the bcIMC office address.
Lawson Lundell is also the firm where BC Liberal leadership candidate Michael Lee was a partner from 2004 until he was elected to the Legislature last May in Vancouver Langara. Lee originally joined the firm in 1997 as an associate. His name appears on a B.C. Securities Commission form for an $849.6 million bcIMC Realty Corporation share offering in June 2015.
For full story please continue to - B.C. Crown corporation goes silent about its appearance in the Paradise Papers
We would like to note this is the same Lawson Lundell law firm that was petitioned by Mr. John English re the destruction and theft of his $200 Million dollar property near Tofino BC in January 2016. See here http://gangstersout.com/BCIMC.pdf.
In this case Mr. English continues to attempt to press charges in BC Supreme Court however his efforts are constantly undermined by a compromised justice system. Even if the Judges or new BC Attorney General Mr. David Eby (We believe many officials are threatened with the lives of their friends and family at stake, threatened by said 'cabal' and hostage to a vast system of technological killing prowess, think the ability to disappear a plane or weaponize your car with control to crash or set up a crash see Abel Danger.org) are serious in their intents to pursue justice for the many wronged in this province such as in this case, they would no doubt be thwarted by the control maintained over the system as a whole by the current cabal that is in control of our governing bodies.
What about the many others that have been wronged by a BC Government that has been complicit in the RICO activity of a global criminal cabal?
Where are the financial regulators who should be regulating a corporation (crown or not) that does business in BC? Probably counting the money they made investing in the bcIMC. The circles continue..
As always more to come..
* AUTHORS NOTE
It should be noted that in the authors case mentioned in the International Business Times seen in this link a Private Detective out of the US has since alleged with good reason that at least one of the members of the Spyru/U-Go Brands companies was involved in defrauding his partners and shareholders. Why did it take a private detective out of the states to bring this info to light? Why the efforts by the BCSC to obstruct justice? Clearly the BCSC is dangerously inept at best and Criminal at worst, we believe a bit of both to be true. This was done with help on both sides of the border in what this detective claims is a massive cross border RICO ring, with parties infiltrating many aspects of governement and law enforcement on both sides of the border but especially in the US. The Spyru/U-Go Brands case was simply one small case in a massive complex web that is run by various arms of the cabal itself. New rulings in the case of Poonian v. the BCSC in the BC Court Of Appeal have had significant positive implications for the author of this blog, a victory and step towards justice for Mr Thal Poonian is a victory for us all.
It should also be noted that some stories/articles and evidence that may be critical of the BC Securities Commission and other various public officials/agencies seems to disappear from time to time from the internet. If the link to the International Business Times story listed does not work please contact firstname.lastname@example.org for original copy of the story.