Date: 2002/01/28 01:10
From: The Webfairy <webfairy@enteract.com>
To: cia-drugs@yahoogroups.com
http://web.archive.org/web/20010502085216/http://www.trunkerton.fsnet.co.uk/drugs_trail.htm
PEGASUS: DIRTY MONEY LAUNDERING
But Tatum's story takes us even further along the dark road of power,
greed and corruption. During l986, he had left Honduras and set up a
money-laundering business in Watertown, New York State, close to the
home base of the Army's 10th Mountain Division at Fort Drum. The
location was chosen with care. With access to Fort Drum's telephone
lines for secure communications, he was assigned a Cherokee-140
fixed-wing aircraft,5 used to ship personnel and supplies across the
Canadian border under radar cover. His tenure with these companies
lasted from 1986 through to 1990. This was a pure Pegasus operation.
It was at Watertown that Tatum was provided with a civilian cover in the
form of three construction companies: American National Home Builders,
American Constructors and American Homes. Funding was provided by Henry
Hyde, an Illinois Republican politician and well known as the CIA's
"black money" man. Hyde provided a US$250,000 line of credit with Key
Bank, Watertown. Although Tatum was listed as the president in all three
companies, in reality all were under the control of Ben Whittaker, a
lawyer from Rochester, New York. Whittaker, Tatum says, is closely
associated with Tony Wilson of the Wilson family who owned Xerox
Corporation.
They are extremely wealthy and "friends of the Rothschilds and
Rockefellers". In addition, he was also closely associated with South
Eastern US Investment Group (SEUS) - an investment bank in Savannah,
Georgia - from 1985 through to 1989. Another proprietary he was involved
with was Irving Place Development, a service organisation of Irving Bank
and Trust Company.
Cocaine proceeds were laundered through these companies by an ingenious
use of construction loans. In response to a question asking why the
"drug-related money" was placed in "Arkansas, Colorado and Ohio", Tatum
simply explains that he doesn't know why, adding that "It was being done
before I got there. I assume banking laws and whether or not Bush had
people in his pocket in these areas."
He does explain that the primary figure involved in the laundry exercise
in Arkansas was "Jack Stephens". Jackson Stephens, owner of Worthen Bank
& Trust Company, is closely aligned with President Bill Clinton. Tatum
states that "...Clinton received the cash and divided it up between
Stephens and [Dan] Lasater to clean it up. Stephens' company [Worthen
Bank] was used as the guarantor, providing 'warehouse' lines of credit."
http://web.archive.org/web/20010502085216/http://www.trunkerton.fsnet.co.uk/drugs_trail.htm
--
Patriotism means you care enough about your country to fight for
justice.
http://emperors-clothes.com
-- Jared Israel
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