The IORs net profit is down from $44 million in 2020. The Matrix Revealed: Cartels That Run The World, 6G: Critical Information You Need To Know, US Army Secretary Says US Preparing to Win a War With China Over Taiwan. All three denied wrongdoing during the trial, which started in 2018. And of course, to the rumors that persist to this day that Albino Cardinal Luciani Pope John-Paul I was rumored to be ready to take a major broom to the Vatican Bank (and the Vatican itself), and clean out the swamp, when he was found dead in his bed, shortly after a meeting with an archbishop. Controlling the way to the waterhole, in a conflict between cowboys and farmers, is an obvious parallelism. The Institute for Religious Operations, otherwise known as the Vatican Bank, has long been a sore spot in the Vaticans image in the world. Biden is the transitional President (77 for transition or flight) between Trump and Harris. Its no wonder that there are re-alignments taking place and its only the beginning of January. Nov. 19, 2021, 11:44 AM PST By Kevin Collier Almost all of the money seized by the Internal Revenue Service's Criminal Investigation unit over the past fiscal year was in cryptocurrency, the. Francis I has just done: Pope Francis Issues Law Reorganizing Vatican Finances. In a new report MONEYVAL encourages the Holy See (including the Vatican City State) to further strengthen measures to combat money laundering and financing of terrorism. Begs one question of what that list of donors of wealth, access, and military might look like. Click to share on Facebook (Opens in new window), Click to share on Twitter (Opens in new window), Click to share on Pinterest (Opens in new window), Click to share on Tumblr (Opens in new window). Quarterly: $30 every 3 months https://www.youtube.com/watch?v=_CHdt2qRLj8 Yikes! avvy Catholics know the Vatican often misdirects funds as has been in the news frequently even as recently as two days ago. Documents seized from an Oct. 1 Vatican raid and leaked to Italian media show that the money for the London real estate had previously been invested in an oil rig off the coast of Angola, before . The Institute for Religious Operations, otherwise known as the Vatican Bank, has long been a sore spot in the Vatican's image in the world. The ruling by the Vatican court signaled the churchs desire to get its financial house in order following past scandals. WASHINGTON - The Department of Justice today announced that it has seized 63.7 bitcoins currently valued at approximately $2.3 million. The Vatican's chief prosecutor, Gian Piero Milano, When asked about the hundreds of millions redirected from an account set up to help the poor, Pope Francis, Have a news tip? British police have confiscated around $250 million worth of cryptocurrency as part of an ongoing money laundering investigation, London's Metropolitan Police announced Tuesday, marking one of. Now, the defendants include Italian financiers, former Vatican financial officials. Pope Francis is establishing an emergency fund to supposedly aid victims of the Wuhan virus. Former Shoe Shiner Wins Back Nearly $30,000 Seized by Federal Agents - The New York Times Former Shoe Shiner Wins Back Nearly $30,000 Seized by Federal Agents Authorities at an airport last. Cannizzaro said focusing on prioritizing the distribution of money seized from prisoners "glosses over some issues that brought this to the forefront." Although having the fox guarding and/or auditing the henhouse is just plain fun; an in-your-face crooked wink to themselves. Each man will also have to pay fines and are banned from public office in perpetuity, according to a press release from the Vatican. Former Clinton stooge on the board, & Profumo, who got in trouble with the banks. SGT Report is the corporate propaganda antidote. Becciu continued to have influence over money transfers at the Secretariat even after he left the post, the document said. January 13, 2021 Continue to this story on CNA CWN Editor's Note: A court in Rome has ordered Vatican officials to return cash and other property seized from the home of Fabrizio Tirabassi, an . The Fines, Penalties & Forfeitures handles bulk cash smuggling seizures and administrative forfeiture actions. To draw a somewhat clumsy analogy, this is akin to President Kennedy's National Security Action Memorandum, that removed the CIA from oversight of covert operations, and placed those operations directly under the military, i.e., directly under the chain of command ending in the Presidency. CTRL + SPACE for auto-complete. The trial will inevitably bring a swirl of media interest to the tiny city-state surrounded by Rome, and appears to underscore Pope Francis' determination to cure the rot in Vatican finances, even if it involves messy public hearings. The most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs. The Vatican bank had $20 million in gold reserves held at the U.S. Federal Reserve, and managed $64 billion worth of assets from its customers, NASDAQ reported in 2015. More recently, suspicious 1.8 billion dollar transactions have apparently taken place between the Vatican and Australia, prompting one Vatican spokesman to state that the Vatican simply doesn't have that kind of money laying around. Completion of that GCR was under authority of the US and world Militaries and dependent upon certain worldwide Events happening. Military seized the Vatican gold and killed 13 families of the Italian Casarean Jesuits, knights of Malta leaders. The Vatican has released information on its real estate holdings for the first time, revealing it owns more than 5,000 properties, as part of its most detailed financial disclosures ever. That was the first major step in taking down the Cabal by way of the people taking back the world monetary system. But that's nothing compared to what Jorge Cardinal Bergolio a.k.a. High money priest never wanted heathen fresh water, flowing through his backwater dogmas. A separate consolidated financial statement for the Holy See issued on Saturday showed a 64.8m (55m) deficit in 2020, down from a 79.2m deficit in 2019. This past Friday a Maltese court ordered $32 million in assets belonging to the Vatican Bank be seized. (Institute for Justice) A North Carolina man is fighting to get back $39,500 in cash after police in Phoenix, Arizona, seized the money from him at an airport on suspicion that it was drug. Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology. To become a paid member, visit member registration. But the indictment request said much of it was used for "personal benefit", including the purchase of luxury goods. Torzi, for whom Italian magistrates issued an arrest warrant in April, was also charged with extortion. In its ruling Thursday, the court acquitted the defendants on charges involving the sale of some buildings. (Personally, re Eisenberg, I am wondering if Trump has had it in for this guy for awhile. (File Photo/CNA). The bank had already pressed charges against two other former managers, who had been found liable for mismanagement in 2018. He first announced the shake-up in an Aug. 25 letter to Vatican Secretary of State Cardinal Pietro Parolin that was made public on Nov. 5 after the Secretariat of State was engulfed by accusations of financial mismanagement. The $284 billion or more in frozen assets is nearly half of the $585 billion that Russia had stockpiled as of June 2021, the latest that data was available on where the bank stores its money.. state of Missouri remark! Christian. Liuzzos son, Lamberto Liuzzo, age 55, was handed a five years, two month term. But I suspect it augurs something entirely different, and far more ominous, namely, the final capture of the papacy by "the high financial cabal". 9 Aug. 2021 12:01 am EST by Judy Byington, MSW, LCSW, Therapist ret, Journalist, Author, "Twenty Two Faces: inside the extraordinary life of Jenny Hill and her twenty two multiple personalities.". Running from Vatican City, and deep underground, there is a tunnel that runs almost in a direct line to Jerusalem. Saturdays indictment also targets Ren Brulhart, former president of the Vaticans Financial Information Authority, and Tommaso di Ruzza, its former director, as well as four companies from the US, Slovenia and Switzerland. Vatican City, including the Vatican Museums and the Vatican bank, has a separate budget. Only about 14% of its Italian properties were rented at market rates, while the others were rented at cut rates, many to church employees. 12:31 PM EST, Fri January 22, 2021. Obviously murdered. Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks. CNN Sans & 2016 Cable News Network. A third person, a senior manager at the Vatican bank, had also been placed under investigation but died in 2015. Published Jul. Roger Landry, an attach to the Permanent Observer Mission of the Holy See to the United Nations, said in an email to Check Your Fact. If this story is true, my comments below may well apply. As part of his reform of the financial sector, Francis in 2014 reconfigured the board of the Vatican bank, hiring a fund manager, Jean-Baptiste de Franssu, to be its new president. Some Republicans have . The US Corporate government seeks to roll over its payments past the deadline. Five Vatican. Magistrates during the trial of Angelo Caloia (not in picture) on January 21. Becciu allegedly used money from the Vatican to benefit his two brothers businesses, according to a detailed report by Vatican News, which is what led the Pope to fire the cardinal last year. MADELEINE MCCANN'S FATER WEARING RED SHOES WITH PODESTA.. JFK Jr and Princess Diana still alive!! The 81-year-old was handed an eight year,. Given that any device connected and/or intermittently connected to a network has the working potential of being an unwitting hub for short periods without the user recognizing how useful their device has become for hacking, data exchanging, and manipulating data. The text, entitled A better organization and released in Italian, also set out new regulations for the oversight of Peters Pence, an annual worldwide collection supporting the popes mission. Two of three major Wall Street stock indexes declined on Wednesday, while Treasury yields marched higher, as new . To draw a somewhat clumsy analogy, this is akin to President Kennedys National Security Action Memorandum, that removed the CIA from oversight of covert operations, and placed those operations directly under the military, i.e., directly under the chain of command ending in the Presidency.