TRUthMAchine Exclusive for American Digital News

Isle of Jersey shares nearly $3.6 million in confiscated funds with US
15-year investigation into Paul Hindelang resulted in forfeitures of millions of drug trafficking assets

10/16/2017

WASHINGTON – At a ceremony Monday at the Treasury Department, the Isle of Jersey in the British Isles shared nearly $3.6 million in confiscated assets from a long-term drug trafficking investigation with the United States. This is the first accomplishment under the permanent bilateral forfeited assets sharing agreement that the Isle of Jersey and the United States entered April 24, 2015. The investigation was led by U.S. Immigration and Customs Enforcement’s (ICE) Homeland Security Investigations (HSI).

“The $3.6 million in assets forfeited are the fruits of the cooperation between the U.S. and the Jersey in fighting illicit activity, and keeping drug smugglers from benefiting from their crimes. This case is testament to the hard work of the men and women of law enforcement both in the United States and Jersey,” said Treasury Under Secretary for Terrorism and Financial Intelligence Sigal Mandelker. “Effective international cooperation to combat financial crime is making it more difficult for criminals to hide and reap the rewards of their ill-gotten gains. The Treasury Department commends the Attorney General from the Isle of Jersey for their tremendous partnership in combatting transnational financial crime.”

The $3,567,537.98 that was shared with the United States was confiscated as a result of joint cooperation in the case of notorious drug trafficker Paul Hindelang, who, with the help of his partners in crime, had managed to hide millions of dollars of tainted assets even while he was imprisoned for his drug offenses.

Dubbed “Operation Cash Extraction,” the investigation was led by HSI and spanned more than 15 years – from approximately 2000 to 2015. It resulted in the confiscation of various assets and forfeiture orders entered in the U.S. District Court for the Southern District of Florida. The Isle of Jersey authorities assisted the United States greatly by gathering documentary evidence, restraining the illegal assets located in Jersey, and successfully handling numerous complex legal challenges brought by the violators.

“This case demonstrates clearly the determination of law enforcement authorities successfully to conclude a case even when it may take many years to do so,” said Jersey Attorney General Robert MacRae QC. “It is a truly excellent example of International co-operation which once again demonstrates that the use of nominees and complex trust structures will not defeat the efforts of law enforcement. Jersey is no hiding place for the proceeds of crime.”

“Our network of law enforcement partners in Operation Cash Extraction hit one of the world’s most notorious drug traffickers where it hurts – his wallet,” said Matthew Allen, HSI’s assistant director for investigative programs. “Let this case be a lesson to drug traffickers – law enforcement officers across the globe are working together to ensure you pay the price for your illicit activity.”
As a result of this cooperation, more than $7 million USD was forfeited in this matter. The United States has shared significant amounts with various state and local law enforcement and foreign governments in this investigation. This case is an extraordinary example of joint cooperative efforts of law enforcement partners in the United States and abroad.

For media inquiries about ICE activities, operations, or policies, contact the ICE Office of Public Affairs at (202) 732-4242.  For media inquiries about this release, call (202) 271-1041.
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US IMMIGRATION AND CUSTOMS ENFORCEMENT   ICE.gov

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BREAKING 911 — Isle of Jersey shares nearly $3.6 million in confiscated funds with US, October 17, 201704

15-year investigation into Paul Hindelang resulted in forfeitures of millions of drug trafficking assets

WASHINGTON – At a ceremony Monday at the Treasury Department, the Isle of Jersey in the British Isles shared nearly $3.6 million in confiscated assets from a long-term drug trafficking investigation with the United States. This is the first accomplishment under the permanent bilateral forfeited assets sharing agreement that the Isle of Jersey and the United States entered April 24, 2015. The investigation was led by U.S. Immigration and Customs Enforcement’s (ICE) Homeland Security Investigations (HSI).

“The $3.6 million in assets forfeited are the fruits of the cooperation between the U.S. and the Jersey in fighting illicit activity, and keeping drug smugglers from benefiting from their crimes. This case is testament to the hard work of the men and women of law enforcement both in the United States and Jersey,” said Treasury Under Secretary for Terrorism and Financial Intelligence Sigal Mandelker. “Effective international cooperation to combat financial crime is making it more difficult for criminals to hide and reap the rewards of their ill-gotten gains. The Treasury Department commends the Attorney General from the Isle of Jersey for their tremendous partnership in combatting transnational financial crime.”

LINK BROKEN

 

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THE BACK STORY

Secret Past Returns to Haunt Entrepreneur (scumbag in court against Bill Simon)
Michael Allen (Wall St. Journal)
Posted on 8/1/2002

Secret Past Returns to Haunt Entrepreneur

LOS ANGELES — In the scrappy world of pay-telephone entrepreneurs, everybody knew PAUL EDWARD HINDELANG, JR.. — or so they thought.

His story was legendary: Starting with a few phones in L.A.’s poorest neighborhoods, Paul Edward Hindelang Jr. had built his business, Pacific Coin, into one of the country’s largest independent pay-phone operators.  He and several partners sold half their stake to a group that included former Treasury Secretary WILLIAM E. SIMON, in a multimillion-dollar deal.

But last Dec. 18, Mr. Hindelang was uncharacteristically subdued during a conference call to negotiate a big long-distance deal. Afterward, he called back his partner, Pacific Coin Chairman Thomas Keane. “Tom, I’ve got some very bad, difficult, disturbing news,” he said, according to Mr. Keane. “I thought this would never come to light.”

The news, as a statement from the Miami U.S. attorney’s office later that day put it, was that Mr. Hindelang had agreed to forfeit to the government $50 million in drug-trafficking proceeds “previously held offshore.”

Ed Hindelang, emerged, was one of the biggest and most innovative marijuana smugglers of the 1970s, and had done prison time before getting into phones. Stunned, Mr. Keane and the Pacific Coin board voted that day to fire Mr. Hindelang, the chief executive of the company. That weekend, Mr. Keane says, he spent a long time with his young sons, “taking Ed off the pedestal I’d put him on.”

Mr. Hindelang, 51 years old, declines to comment, and many details of his story remain sealed in court documents or otherwise hidden. WHAT IS KNOWN OFFERS A RARE PEEK INTO THE SHADOW LAND OF DIRTY MONEY AND THE GOVERNMENT’S WAR ON DRUGS, WITH ALL ITS DARK TWISTS AND STRANGE ALLEGIANCES.  For instance, Mr. Hindelang’s attorney, Harland Braun, says that some of Mr. Hindelang’s ill-gotten loot was still around all these years later because, back WHEN MR. HINDELANG WAS BUSTED AND PUT OUT OF THE DOPE BUSINESS, FEDERAL AGENTS ENCOURAGED HIM TO RETAIN ACCESS TO SOME OF HIS MONEY TO FUND THE JOB THEY PUT HIM UP TO NEXT: INFORMER.

A Drug Enforcement Administration spokesman calls that “highly unlikely.” Privately, though, some law-enforcement officials say Mr. Braun may be right, and COURT RECORDS MAKE CLEAR THAR MR. HINDELAND WAS AN INFORMANT — A GOOD ONE.  The authorities dispute another of the attorney’s assertions: that the forfeited $50 million wasn’t technically Mr. Hindelang’s anymore because he had simply given his drug money to a family friend more than two decades ago.

Mr. Hindelang’s resume included:

Budding Smuggling Star – In 1970, when he was 22 years old, he was caught at the Mexican border trying to sneak 75 pounds of pot into the U.S., and served six months in jail, court records show.

Public-school teacher in East St. Louis, Ill., near his hometown, then he moved to Miami.

Smuggling star by helping pioneer the “mother ship” smuggling technique.

Rancher – Madison River Cattle Co., a 10,000-acre ranch ringed by jagged mountains near Three Forks, Mont.

Cloak-and-dagger agent taking on many dangerous assignments for the DEA including covers of cattle-hide business and rock concerts promoter

Consultant to the Batalla family, helping them locate “agricultural” properties

Owner, Operator, Repairman – Pacific Coin, a newly deregulated pay-phone market was ripe for his entrepreneurial skills, and with personal attention to his product and customers it emerged quickly into a successful entity.  This was where his downfall would occur.

Contributing Sources –    FreeRepublic

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Millions From Drugs Seized

December 18, 1998, by Larry Lebowitz, Staff Writer

Federal authorities are expected to announce today that they have completed one of the largest seizures of drug profits in U.S. history: more than $280 million forfeited by the family of a Colombian drug trafficker and two of his top South Florida importers.

The $180 million forfeited by the wife of Julio Nasser-David, a Colombian drug trafficker, and $50 million by PAUL HINDELANG, a former Broward County and Miami-Dade County importer, will be touted today in Washington and Miami.

The feds are also seizing — but not planning to publicize — $46 million in cash and $4 million worth of Florida real estate that was hidden in Liechtenstein by the brother of another top Nasser-David importer, Joe Harry Pegg, formerly of Fort Lauderdale and Weston.

Nasser-David has been indicted several times in South and Central Florida for importing 55,000 pounds of cocaine and 3 million pounds of marijuana between 1978 and 1994. He is currently in a Colombian prison and not expected to ever face extradition to the United States.

Sun Sentinel

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GIGANTIC – MEGA FILE — U.S. DEPARTMENT OF STATE — MONEY LAUNDERING — PAUL HINDELANG —- Money Laundering and Financial Crimes
(NOTE: REPORT ASSIGNS 3 CATEGORIES TO A LONG LIST OF NATIONS — PRIMARY, CONCERN, and OTHER FOR DRUG TRAFFICKING — OFFSHORE MONEY LAUNDERING — BANKING MONEY LAUNDERING IN THIS MEGA FILE!!! And this file came up in PAUL HINDELANG SEARCH — a member of the ISLE OF JERSEY — OPERATION CASH EXTRACTION.)
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In 1999, money laundering exploded onto the front pages of the world’s newspapers. In August, news headlines claimed that $15 billion in funds from Russia might have been laundered through banks in New York. Newspapers have continued to follow this story. In September 1999, U.S. Treasury Secretary Summers testified before the House Banking Committee on this issue, placing international money laundering directly into the spotlight. The investigation continues and indictments of a former bank official, two other individuals and the three companies have been filed. As the 2000 INCSR goes to press, guilty pleas from two of the individuals and the three companies have been entered. The large movements of money out of Russia and through American banks continue to focus the attention of the world on the problem of money laundering. Around the globe, there were both positive and negative developments in this field.

September marked the release of the Administration’s National Money Laundering Strategy for 1999. This Strategy, prepared pursuant to the Money Laundering and Financial Crimes Strategy Act of 1998, highlighted the federal government’s effort to address the problem of money laundering on a coordinated and comprehensive level. One of the four major goals of the Strategy is to strengthen international cooperation to disrupt the global flow of illicit money, and there are a number of action items in the Strategy that specifically address international money laundering.

State.gov

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BILL SIMON (politician) — CALIFORNIA
William E. Simon & Sons, defrauded PAUL HINDELANG, JR., A CONVICTED DRUG TRAFFICKER, in a deal to take over Hindelang’s pay phone company, Pacific Coin
30 April 2017

WIKIPEDIA — WILLIAM EDWARD “BILL” SIMON, JR. (born June 20, 1951) is an American businessman, philanthropist and politician. In 2002, Simon campaigned unsuccessfully for Governor of California as a Republican against Democratic incumbent Gray Davis. Billed as a “conservative Republican,” the virtually unknown Simon’s campaign was significantly boosted by support from better-known Republican officeholders from outside California, including former New York City Mayor Rudolph Giuliani.

Simon was born in Neptune, New Jersey, the son of Carol (Girard) and William E. Simon, Sr., the 63rd Secretary of the Treasury under Richard Nixon and Gerald Ford. Simon, Sr., also served as director of the Federal Energy Office. Coincidentally, Simon was a childhood friend of former Democratic party chair Howard Dean.

Simon earned a B.A. from Williams College in 1973, and a J.D. from Boston College in 1982. From 1986 to 1988, Simon served as Assistant United States Attorney for the Southern District of New York, working under then-U.S. Attorney Rudolph Giuliani.

In 1988, Simon co-founded William E. Simon & Sons, a global merchant bank, with his father and brother. Simon managed the family business (which has over $3 billion in assets), as the Assistant U.S. Attorney for the Southern District of New York, and as a trustee for The Heritage Foundation.  Simon also chairs the William E. Simon Foundation. Simon has contributed some of his personal resources to assist less fortunate youths through educational scholarships and beautification of California schools.
General
Davis’s campaign advertisements made heavy use of scandals relating to alleged mismanagement of Simon’s business and charities, though one of the major court rulings unfavorable to Simon was since overturned.

In August 2002, a California Superior Court jury found Simon’s company guilty of defrauding an estranged business partner in a civil lawsuit and ordered him to pay $78 million in damages. The jury ruled that Simon’s company, William E. Simon & Sons, DEFRAUDED PAUL HINDELANG, JR., A CONVICTED DRUG TRAFFICKER, in a deal to take over Hindelang’s pay phone company, Pacific Coin. The jury found that Simon’s company hid its plans to expand and take Hindelang’s company public against his wishes, and that Pacific Coin collapsed under the weight of the debt that Simon’s company piled on it in its attempts to expand the pay phone service. Simon, co-chair of Simon & Sons, was not named as a defendant in the case and has said that he was not involved in the daily management of the firm. The judge overturned the jury’s verdict, a decision the California Court of Appeal affirmed in February 2006.

Simon’s campaign centered largely on allegations of corruption in the incumbent’s administration, and Davis’s handling of the 2001 energy crisis.

Immediately after the gubernatorial debate against Gray Davis, Simon accused Davis of receiving campaign funds in the Lt. Governor’s office, a felony. Simon distributed a photo of Davis being handed a check and insisted that the picture was taken in the Lt. Governor’s office in the State capitol. Within an hour of its release the location in the picture was determined to have no resemblance to the Lt. Governor’s office, and within a few days the location was identified as Bruce Karatz’s home in Southern California.

Despite Davis’s high disapproval ratings, he managed to defeat Simon by a margin of 47.3% of the vote to Simon’s 42.4%.

After gubernatorial campaign
When the 2003 California recall became a reality, Simon announced he would once again be a candidate for California Governor but ran for only a short time after he qualified for the ballot before withdrawing from the race August 23, 2003.

He said, “There are too many Republicans in this race and the people of our state simply cannot risk a continuation of the Gray Davis legacy.” Simon did not endorse any candidates until several weeks later, when he endorsed front-runner Arnold Schwarzenegger. Despite dropping out, his name still appeared in the ballot, and he placed 12th in a field of 135 candidates.

Simon spent most of 2004 and 2005 preparing to run for California state treasurer in 2006, and although he was the clear front-runner for the Republican nomination, he dropped out in October 2005 citing the need to devote more time and attention to his family and four children. He is currently married to Cindy Simon, and together they have three children, Willie, Lindsay, and Griffith. They live in Pacific Palisades, Los Angeles, and have a vacation home on Maui and Sun Valley, Idaho. He also has a daughter, Cary, from his first marriage.

On February 26, 2007, he was appointed as the Director of Policy for the Rudy Giuliani presidential exploratory committee.[6] Simon was the most influential member of the Giuliani campaign, and was referred to many times as Giuliani’s “Professor.”

Wikipedia

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