The Global Intelligence Files

On Monday February 27th, 2012, WikiLeaks began publishing The Global Intelligence Files, over five million e-mails from the Texas headquartered "global intelligence" company Stratfor. The e-mails date between July 2004 and late December 2011. They reveal the inner workings of a company that fronts as an intelligence publisher, but provides confidential intelligence services to large corporations, such as Bhopal's Dow Chemical Co., Lockheed Martin, Northrop Grumman, Raytheon and government agencies, including the US Department of Homeland Security, the US Marines and the US Defence Intelligence Agency. The emails show Stratfor's web of informers, pay-off structure, payment laundering techniques and psychological methods.

INSIGHT - Iran/Latam - money laundering through latam

Released on 2013-02-13 00:00 GMT

Email-ID 1236182 Date 2010-03-29 23:03:09 From reginald.thompson@stratfor.com To analysts@stratfor.com

INSIGHT - Iran/Latam - money laundering through latam





PUBLICATION: for a Ven money laundering analysis

ATTRIBUTION: STRATFOR source

SOURCE DESCRIPTION: part 1 is from a Lebanese economist/banking source;

part 2 is from a Syrian businessman with political and family links to

Syrian regime

SOURCE RELIABILITY: C

ITEM CREDIBILITY: 3

SUGGESTED DISTRIBUTION: analysts

SOURCE HANDLER: Reva

** Will be checking on the amount he is claiming that Iran launders

through Ven. I have conflicting info that it's much larger than that.

1) The amount of Iranian money laundered in Venezuela is exaggerated. He

says it does not exceed one billion dollars, and it is done mostly through

joint projects with Venezuelan establishments, including PDVSA and its

PDVAL chain of grocery stores (the Iranians invest in food

manufacturing). He says Venezuelan banks help in the process of money

laundering. He mentioned Banco Occidental de Desevento, Banco Caroni,

Banco Guyana, and Banco Internacional del Desarrollo. My source says the

Brazilians and Panamians are much less cooperative with the Iranians as

the Venezuelans are. The Brazilians, who have the largest economy in Latin

America, have little interest in money laundering. In fact, the government

there is very serious about combating money laundering, which is part of

the country's widespread organized crime. He says most Iranian funds

earmarked for money laundering are channelled through Bank saderat Iran

and Bank Sepah. My source says most Iranian money laundering in LATAM

takes place in Venezuela and Mexico. Much of the laundered funds end up in

Miami and New York before they are transferred to Europe, especially banks

in the smaller European states such as Andorra and San Marino.

2)Iran money launders most of its narcotics money in Panama through the

Lebanese and Syrian communities living there. He says Panama serves as an

excellent locating for the drug smuggling sea lanes and money laundering,

mostly due to corruption and the dollarization of the country's economy.He

says west Africa is an important regional area for Iranian money

laundering. As in Latin America, the Iranians depend heavily on Lebanese

Shiites living there, especially in Nigeria (the northern part of the

country), Benin and Ivory Coast.









