Melissa Melton
Infowars.com
Exactly one year ago today, Infowars Nightly News reported that, days before financial broker MF Global filed for bankruptcy, the company quietly wire transferred approximately $900 million in client funds without so much as an explanation. A total of $1.6 billion in customer accounts just vanished.
In a furious interview with Alex Jones, top trends forecaster Gerald Celente, who was robbed of six figures in the pillage, laid the blame on MF Global CEO Jon Corzine for betting on highly risky European bonds with customer money.
Under Corzine, the company exposed itself to $6.3 billion in European nations’ debt.
As Infowars reported last year, funds in accounts owned by billionaires like the Koch Brothers were “coincidentally” withdrawn just in time prior to the withdrawal, while customers with smaller accounts who relied on their money for business collateral and living expenses were wiped out. Evidence surfaced suggested the company knew bankruptcy was imminent, so bigger clients were given advance notice ahead of the unexplained withdrawal. After the funds were withdrawn, MF Global didn’t inform the Commodity Futures Trading Commission until the day after, seemingly in an attempt to avoid detection. The majority of the funds were later found at JP Morgan Chase.
At the time, Corzine testified to Congress he “simply did not know where the money is” and that he did not instruct anyone to transfer any customer funds. Corzine’s denial came regardless of an email from an MF Global assistant treasurer noting the transfer was “per JC’s direct instructions.”