In an exclusive story posted on World Net Daily (WND), a whistleblower makes a damning case that banking giant HSBC is a "criminal enterprise" – in a video interview. The charge is made by a former officer for the company’s southern New York region.
John Cruz, a former vice president and relationship manager, has turned
over to WND 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.
Cruz told WND that 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,” Cruz affirmed when presented by WND with various HSBC computer ledgers of customer accounts. “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.”