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Former VP of HSBC “We Were Laundering 100’s of Millions for Drugs”

Listen to this incredible interview:

The global banking giant HSBC is a “criminal” operation, charges a former officer for the company’s southern New York region in this interview with Russell Scott.

John Cruz, a former vice president and relationship manager, has turned over more than 1,000 pages of documents, including customer account ledgers for dozens of companies through which, he charges, the financial institution was laundering money each month.

As a relationship manager, it was his responsibility to look up various accounts in the HSBC computer system and visit the account holders in person to offer additional banking products and services.

“I pulled these documents because I thought they were evidence of suspicious activity taking place. These same documents I brought to bank security and my managers in the bank.”

To his surprise, HSBC management and security did not welcome his reports of suspicious activity.

“My managers told me I was crazy and I didn’t know what I was talking about,” he said. “They told me it was none of my business what goes on in transactions. But that’s my job.”

http://www.wnd.com/2012/05/banking-giant-hsbc-a-criminal-enterprise/

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