This article in the Daily Mail suggests that before Mr Williams was murdered, he was working on a method and software to enable the intelligence services to track money being moved to and through London, by the Russian mafia.
To this article Medawar would add the following two observations:
Firstly: any chain of money-laundering transactions with the Russian Mafia at one end, tends these days to have the Israeli Mafia at the other end. The Russian Mafia's cosy relationship with the FSB and "United Russia" is mirrored by the Israeli Mafia's relationship with Mossad and many prominent members of Likud.
Secondly, and far more importantly: London is experiencing an ongoing property price boom in the middle of a global credit crunch, recession and debt crisis. This is driven by money coming from Russia. The experience of Dublin and Miami, both of which have experienced similar property bubbles, started by an influx of money from organized crime and sustained by investment lemmings, is that the organized crime figures whose cash drives the boom, know from the outset that it is unsustainable. Estate agents, bankers and politicians, never know this and always think that their own genius has created a golden paradigm, where unearned wealth will multiply permanently. Organized crime knows a shower of mugs when it sees one.
Some time before the bubble reaches bursting point, organized crime will stop pouring its money into London, except for a relative trickle on high-prestige projects to keep the estate agents feeling good. The lemmings will keep investing for a while longer. During this period, organized crime will either quietly sell nearly all the property it has bought, borrow hugely against it, or, very naughtily, do both at once. There will be a sudden and massive reversal of the money flow accompanied by great woe, because far more will flow out, due to fraudulent loans, than ever flowed in. Meanwhile, some other city, possibly in China or Argentina, will experience a massive influx of "investment" and the local politicians there will think they've hit the jackpot through their own brilliance.
It is a sophisticated variant of the "Texas Bankroll" scam, whereby genuine notes are peeled off a huge roll of money in a bar, to buy drinks all round, gamble with, the roll's owner gracefully losing and paying up with only mild complaints. Then a really big transaction or gamble will be proposed with what's left of the roll. Only, the "winner" will find himself holding a roll of writing paper with just one fifty dollar bill on the outside. Just about all the real cash or items of value in the bar will have already left, in the saddle bags of the generous stranger who came in with the Texas Bankroll.
The Greek debt crisis isn't the main danger to the British economy at the moment. The biggest danger is that the Russian mafia is about to do to Britain's economy, and especially London, precisely what Greece's own mafia have already done to their own economy and Athens.
If Gareth Williams was tracing the transactions involved in this, there was an obvious danger of his alerting politicians and financial regulators before the scam was complete. He was a lone Spartan in the pass, and he deserves a lot better than systematic efforts by unidentified "police" sources to smear him as a pervert.
To this article Medawar would add the following two observations:
Firstly: any chain of money-laundering transactions with the Russian Mafia at one end, tends these days to have the Israeli Mafia at the other end. The Russian Mafia's cosy relationship with the FSB and "United Russia" is mirrored by the Israeli Mafia's relationship with Mossad and many prominent members of Likud.
Secondly, and far more importantly: London is experiencing an ongoing property price boom in the middle of a global credit crunch, recession and debt crisis. This is driven by money coming from Russia. The experience of Dublin and Miami, both of which have experienced similar property bubbles, started by an influx of money from organized crime and sustained by investment lemmings, is that the organized crime figures whose cash drives the boom, know from the outset that it is unsustainable. Estate agents, bankers and politicians, never know this and always think that their own genius has created a golden paradigm, where unearned wealth will multiply permanently. Organized crime knows a shower of mugs when it sees one.
Some time before the bubble reaches bursting point, organized crime will stop pouring its money into London, except for a relative trickle on high-prestige projects to keep the estate agents feeling good. The lemmings will keep investing for a while longer. During this period, organized crime will either quietly sell nearly all the property it has bought, borrow hugely against it, or, very naughtily, do both at once. There will be a sudden and massive reversal of the money flow accompanied by great woe, because far more will flow out, due to fraudulent loans, than ever flowed in. Meanwhile, some other city, possibly in China or Argentina, will experience a massive influx of "investment" and the local politicians there will think they've hit the jackpot through their own brilliance.
It is a sophisticated variant of the "Texas Bankroll" scam, whereby genuine notes are peeled off a huge roll of money in a bar, to buy drinks all round, gamble with, the roll's owner gracefully losing and paying up with only mild complaints. Then a really big transaction or gamble will be proposed with what's left of the roll. Only, the "winner" will find himself holding a roll of writing paper with just one fifty dollar bill on the outside. Just about all the real cash or items of value in the bar will have already left, in the saddle bags of the generous stranger who came in with the Texas Bankroll.
The Greek debt crisis isn't the main danger to the British economy at the moment. The biggest danger is that the Russian mafia is about to do to Britain's economy, and especially London, precisely what Greece's own mafia have already done to their own economy and Athens.
If Gareth Williams was tracing the transactions involved in this, there was an obvious danger of his alerting politicians and financial regulators before the scam was complete. He was a lone Spartan in the pass, and he deserves a lot better than systematic efforts by unidentified "police" sources to smear him as a pervert.
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2 comments:
Don't warning bells sound when "security sources" say? Limited hangout.
Of course other papers with real security connections are not the slightest bit interested in unravelling this one. I wonder why? Any sign of that inquest? Fat chance.
No sign of inquests into either Hampton or Kelly, let alone Williams. This is why it might even be easier to go for private prosecutions in some instances, (such as "security sources" passing false information to derail a murder inquiry) because it drags people out of their favourite clubs and their local lodge and onto oath.
The motives for covering the murder up, might be something to do with wanting the property bubble to continue.
The mere fact that the bubble is almost entirely confined to London, and almost entirely driven by non-British purchasers, ought to be a warning sign, but the establishment isn't very good at reading those.
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