How The U.S. Government And HSBC Teamed Up To Hide The Truth From A Pennsylvania Couple

Tyler Durden's picture

Submitted by Mike Krieger via Liberty Blitzkrieg blog,

The reason both the Democratic and Republican establishments are in full on panic mode about the rise of Donald Trump and Bernie Sanders is a deep seated fear that the plebs have finally woken up.

Democrats rail against big corporations, while Republicans rail against big government. This scheme has been used to successfully divide and conquer the public for decades while big government and big business successfully schemed to divert all wealth and power to an ever smaller minuscule segment of the population — themselves.

It took awhile, but the people are finally starting getting it and they are royally pissed off. One of the primary mechanisms for this historic elite theft has been the creation of a two-tiered justice system in which the rich, powerful and connected are never prosecuted for their criminality. Instead, the government actively protects them by pretending corporate entities commit crimes as opposed to individuals. Of course, this is impossible, but yet it’s how the government handles white collar crime. The Orwellian named “Justice Department” casually utilizes deferred prosecution agreements (DPAs), in which companies pay a little fine and the criminals themselves walk away with not just their freedom, but ill gotten monetary gains as well.

Nowhere is this most apparent than when it comes to the big banks. The individuals who work at these criminal cartels can literally do anything they want with total impunity. One of the most egregious examples of this was the $1.9 billion settlement arranged with HSBC for laundering Mexican drug cartel money and dealing with sanctioned countries. If you or I did this we’d be sitting in a concrete box eating porridge through a straw for the rest of our lives, but when “masters of the world” at big banks do it, the parent company just pays a slap on the wrist fine and life goes on. That’s how oligarch justice works.

Although the Department of Justice and HSBC thought the money laundering case was settled ancient history, a determined chemist from Pennsylvania is throwing a wrench into their plans and it could have major implications.

The Wall Street Journal reports:

WEST CHESTER, Pa.—When Dean Moore ran into roadblocks with a request for mortgage relief, he did what many people do: He sat down at his kitchen table to bang out an angry letter.


The letter has thrust Mr. Moore, a chemist, and his wife, Ann Marie Fletcher-Moore, a part-time bookstore manager, into a high-stakes battle over whether HSBC Holdings PLC must release a secret report on its compliance with a $1.9 billion money-laundering settlement.

A “secret” report. You’ve got to be kidding me.

The disclosure would be the first ever for this type of case and would shine a light on an increasingly common practice for banks accused of breaking the law. Instead of being prosecuted, banks typically enter into settlements under which they often agree to be overseen by monitors whose detailed judgments are kept secret. Judge Gleeson’s order has the potential to dial back that confidentiality, opening a new channel of information that prosecutors say could threaten the viability of such settlements in future cases.

If you don’t get by now that America is a banana republic, there’s little hope for you.

HSBC and Justice Department prosecutors have opposed the release, saying it wouldn’t do much to help Mr. Moore with his mortgage predicament. Judge Gleeson, in his order to unseal the report, said that was irrelevant.

Big banks and the U.S. government are simply 100% in bed together. Constantly scheming to prevent citizens from learning the truth.

The bank is appealing the ruling, but already it may be having an impact. HSBC disclosed last week that the January report by independent monitor Michael Cherkasky found instances of potential financial crime and had “significant concerns” about the bank’s pace of progress in complying with the money-laundering settlement.

A legitimate government that cared about the people would want the public to know this, but not the U.S. government.

The Moores say the experience has been surreal. The couple lives in this Philadelphia suburb with their four children, two dogs and a 15-year-old rabbit and had never spent much time in court other than for jury duty. They have nevertheless held their own against a phalanx of lawyers from the British bank and the Justice Department. A recent hearing in a Brooklyn federal court “was like ‘Law and Order,’” said Mrs. Fletcher-Moore, who is 50 years old.

HSBC admitted in its 2012 settlement that it failed to catch at least $881 million in drug-trafficking proceeds laundered through its U.S. bank and that its staff stripped data from transactions with Iran, Libya and Sudan to evade U.S. sanctions.


The mortgage was administered by HSBC, and the Moores say they wrote to the bank starting in 2008 asking it to temporarily lower the 7% interest rate. They said the lender appeared receptive, only for its representatives to misplace documents needed to complete their application for a loan modification several times.


Frustrated, the Moores researched the bank online last year and stumbled upon news of the money-laundering settlement and the monitor’s secret report. The Moores say they believe the report details faulty internal controls like those they encountered when trying to modify their loan.


If his ruling stands, it would be “the first time we get to see what happens after a bank settles a prosecution,” said Brandon Garrett, a professor at University of Virginia’s law school who has studied the monitor system.

Which is exactly what the U.S. government doesn’t want people to see.

HSBC and the Justice Department are still fighting to keep the report private and have appealed Judge Gleeson’s ruling to the Second Circuit Court of Appeals. An appeals court ruling could be months away. “I feel like a very small boat in a very large ocean,” Mr. Moore wrote at one point, in a letter responding to some of their arguments.

For more on the corrupt U.S. justice system, see:

How the Department of Justice is Actively Trying to Prevent Civil Asset Forfeiture Reform

Is the Justice Department Finally Ready to Jail Corporate Criminals?

Florida Man Sentenced to 2.5 Years in Jail for Having Sex on the Beach

Some Leaks Are More Equal Than Others – Hypocritical D.C. Insiders Line up to Defend General Petraeus from Prosecution

Some Money Launderers are “More Equal” than Others

Some Money Launderers are More Equal than Others Part 2 – CEO of BitInstant is Arrested

Just another day in the…

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Impoverished Psychologist's picture

HSBC corrupt??? who knew? sheeesh......

jcaz's picture

"Accidental" drone hit in 3...2....1.....

Evan Wilson's picture

I think a nail gun 'accident' would be more believable.

Government needs you to pay taxes's picture

When you get sufficiently angry, you can make a difference.  Close your account at the TBTF banks in favor of the local credit unions or bank.  Put some wealth into arable land that you can earn some income from.  Hold some cash, some PM, some trade goods.  Support your local merchants.  Build your local relationships.  Get to know your neighbor.  AND SCORN YOUR LOCAL .GOVTARD. 

Nutsack's picture

These people understand hot lead or cold steel, and until the little guys start giving it to them on a regular basis nothing will ever change.

nuubee's picture

"HSBC and the Justice Department are still fighting to keep the report private..."


^^^ That, is a reason to want to leave this planet and live somewhere else.

Stuck on Zero's picture

If this chemist and his wife drive a Chevy Tahoe they're toast.

Theosebes Goodfellow's picture





philipat's picture

For a Bank that established itself by financing the British Opiun wars in China, this nothing more than a return to its roots. With a few other crimininally fraudulent side ventures unto mortgages, forex, Libor etc in the intervening years...

Mr. Universe's picture

It's a wonder they keep any of us around at all.

NidStyles's picture

I just read about a Rabbi getting 60 days in prison for sexually assaulting and raping four underage boys...


I've seen women teachers that had sex with consenting boys in high school get 5 years in prison with 3 years before they get a chance at parole...


Seriously, WTF!?!?! He RAPED boys that he was responsible for, and got only 60 days... The kids were likely threatened into not testifying.

The Grim Teacher's picture


This loathsome turd needs to be lowered into an industrial grade meat grinder - feet first of course, and set to the slowest speed - while his victims piss in his eyes.


As for those women who had sex with teenagers in high school, where the fuck were they when I was that age and attending indoctrination camp.

HowdyDoody's picture

He's not the only one. The only surpise is that he did not pull the Alzheimers defense.

Debtpool's picture

Was the Rabbi a back-sliding Catholic?

greenskeeper carl's picture

Fuck those people at HSBC. The two tier justice system in this country is infuriating. Truly a banana republic.


And I admire these people for going through all of this. They are doing the country, hell, probably the entire world, a huge favor by potentially bringing this to light, but Im confused about something. Why were they so adamant about appealing to HSBC for a loan modification instead of just refinancing somewhere else? With even halfway decent credit, they should have been able to get a much lower rate pretty much anywhere.

Max Cynical's picture

Probably because they were upside down...refinancing through another entity would have required them to bring cash to the table which they probably didn't have...just a guess.

valley chick's picture

You are probably right as this area in general is still in one huge housing bubble. Quite familiar with this area and would need more than a chemist salary.

Implied Violins's picture

Conspiracy angle? I think these people and this case are being brought to light to once again show the 'evil of western banks'. Otherwise we'd never hear of this, as this dude would either be ignored or destroyed.

Just another globalist meme, leading to the forcing of the BRICS BS down our throats.

conscious being's picture

See IV, this is why we aren't getting along. Where do your assumptions come from? And more to the piint, who needs any convincing that western banks are evil? Do you?

Implied Violins's picture

We don't need to realize it here, but most people in the REAL WORLD are still in the not-know (and probably still will be, at least until things get a lot worse...and SOON.). So, let me make a prediction based on what I believe: shit like this will ramp up exponentially from here on out, until the MSM eventually starts presenting it on FOX news etc. Don't forget ZH is several sigmas ahead of the herd.

I know you don't subscribe to the theory that Putin et. al. is in on this. That's fine, most don't. But I still believe it based on what I've read and on how I feel intuitively. And I will keep presenting it until I see convincing evidence to the contrary. So far, nada.

conscious being's picture

So western banks are evil and the media telling the truth about the banks is a conspiracy? Instead, it sounds to me like what journalism was supposed to be.

CoolHandLuke's picture

I hope you don't mind. I used your quote above. I think it summed it up very nicely.

3Wishes's picture

The Chemist didn't know how explosive Sugar and oxygen could be. Aye.

adanata's picture

Sad to say it will fade away...

They'll just keep "appealing" it until they get to one of their judges.

Go all the way to the Supremes.. no problem.. Scalia's dead.. no "decision".. yeah?

Government needs you to pay taxes's picture

Dont like the way a Supreme is writing opinions?  Cover his head with a pillow.

Mareka's picture

Some advice to Mr. Moore.

Don't drive anything built after 1985.

Give up jogging.

NEVER reach towards your waist.

Don't accept any invitations to a hunting trip.

JohninMK's picture

This applies to that Judge who sided with them. Probably braver than the Moores.

WTF was he up to? Hadn't he read the script?

His career is over and he must be in danger. He deserves a 'Peoples' medal.

NoDebt's picture

What part of 'SECRET Report' do you not understand Mr. and Mrs. Moore?

Refinance request:  denied.


Jim in MN's picture

Feels good, doesn't it?

Mareka's picture

Surprise coincidence.

The IRS has decided to audit Mr & Mrs Moore every day for the rest of their lives.

Reichstag Fire Dept.'s picture

What's the Over/Under on Mr. Moore's car getting into an accident with a Polonium Tanker?

marathonman's picture

Well what do you know, Mr. Moore was riding shotgun with Aubry McClendon!

strangeglove's picture

The Moore,s expired when the plane they were in hit a snow removal vehicle while landing in Siberia

aVileRat's picture

Hong Kong Bank was chartered to launder Opium money and evade Dutch/French taxes. In fact if you go back to every major drug bull market you find HSBC; cocaine (1971-1989), poppy wars (2003-2013) etc etc.

conscious being's picture


Just doing God's work


Mareka's picture

If you consider yourself to be god, then any work that you do is "god's work"

XitSam's picture

United States Department of Justice corrupt??? who knew? sheeesh......

drendebe10's picture

Break out the long overdue pitchforks and torches... fukem, fukemall...

Freddie's picture

Damn - I wish Mr. Moore and his wife would run for President.   The average American has no idea how vile banks are and can be.

AGuy's picture

Odd that HSBC does just grant them the reduction. I am sure the amount of money spent of Legal fees is much more that the cost of the reduction. It would have been just easier to pay off the couple.


adanata's picture

AGuy... +1000... I think psychopaths just like to crush people whenever possible.

It's their form of home entertainment...

Government needs you to pay taxes's picture

Just wait until those Gucci bankster loafers are turned to more noble purpose: windchimes in the public square.

PlayMoney's picture

dont prosecute because big money for both. hundreds of billions to .gov and just a cost of doing bitness for the banks.

Throwinghammers's picture



Clinton foundation received up to $81m from clients of controversial HSBC bank

Looks like a 10% cut to me

ZH Snob's picture

could it be possible?  are people really beginning to awake?

look for a major false flag soon.  diversion is the only tactit they have left.


big fat helicopter checks from obama a month or 2 before elections.


skinwalker's picture

Many experts will agree that the inner core of the earth is solid and consits of metals.