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Dave, You're Doing It Wrong. 7000 Safety Deposit Boxes Raided

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British government begins stealing its peoples’ bank deposits ahead of the global financial collapse.

It happened before and it is starting again. Government confiscating (stealing) the people’s life savings. Just like in 1929 the British government began its theft of the people’s life savings just before the Great Depression. After an inflationary run-up in prices and asset values, the stock market crashed in 1929, and the economy soon went with the crash. This time the British government is disguising its outright theft by claiming the entire contents of safety deposit banks are owned by criminals and the contents are the proceeds of crimes.

In March of 2011 the British Prime Minister David Cameron ordered British police to execute Operation Rize - raid and seize the entire contents (art, gold ingots, gold dust, jewelery and cash) of nearly 7,000 safety deposit boxes from three vaults in London. The British government simply told Scotland Yard that the safety deposit boxes were used by criminals to store cash, guns and drugs.

The British government instructed the police to arrest anyone who went to the vaults to try and recover the contents of their safety deposit boxes. Those who protested the seizure of the contents of their safety deposit boxes were to be charged with various offenses including pedophilia, money-laundering, drug-dealing and firearms possession.

When word spread about the government raid and theft of the contents of their safety deposit boxes people rushed to the bank vaults. The police arrested 146 and charged 30 (those with the most cash and gold in their safety deposit boxes) with trumped up pedophilia, money-laundering, drug-dealing and firearms charges.

...

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Dormant accounts to fund 'big society' bank

David Cameron has announced that his vision for a 'big society' bank will be funded through a £60m raid on the money lying dormant in English bank and building society accounts. He plans to use funds to enable charities, social enterprises and voluntary groups to take over the running of public services.

"The big society bank will be established using every penny of dormant bank and building society account money," Cameron said. "These unclaimed assets, alongside the private sector investment that we will leverage, will mean that the big society bank will – over time – make available hundreds of millions of pounds of new finance to some of our most dynamic social organisations."

A central reclaim fund is to be established by the end of the year (administered by the Co-operative bank), which will accept transfers of dormant funds from banks and building societies with the initial release of surplus funds to take place by the middle of 2011. The Co-op estimates that the first distribution will be in the region of £60m-£100m. There are an estimated 500,000 dormant accounts in the UK worth around £500m.

When he was chancellor in 2005, Gordon Brown mooted the idea of using dormant accounts to fund youth and community projects but was forced to back down after critics warned there would be administrative chaos and questioned whether the government had the legal right to seize the funds.

He raised the idea again in 2007 and in 2008 the Dormant Bank and Building Society Act was passed, giving the government the right to collect and distribute unclaimed money from dormant accounts after 15 years.

Only accounts where there has been no customer activity (no contact with the provider and no transactions on the account) in the 15-year time period are ripe for raiding. However, even if the government reclaims your cash the act allows for you to claim it back.

"This point is absolutely crucial," said Brian White of the British Bankers' Association. "Customers' money remains customers' money. The plan is that a small pot will be set aside to ensure people can be reunited with their cash even after 15 years. But it is our responsibility to ensure as many people as possible are reunited with their cash before the big society scheme begins."

As such the BBA, in conjunction with the Building Societies Association and National Savings and Investments, has been running the mylostaccount website, which helps customers trace their dormant accounts and savings.

Most UK banks and building societies (as well as NS&I) have signed-up to the lost account finder scheme, and say they will pass on any interest accrued if a successful claim is made, which usually takes up to three months. A number of foreign banks operating in the UK are included in the scheme, but if your account is held overseas you will need to pursue your claim with the bank or savings group holding the account.

Oh, what a grand time it is to live in this cesspit nation.

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In March of 2011 the British Prime Minister David Cameron ordered British police to execute Operation Rize - raid and seize the entire contents (art, gold ingots, gold dust, jewelery and cash) of nearly 7,000 safety deposit boxes from three vaults in London. The British government simply told Scotland Yard that the safety deposit boxes were used by criminals to store cash, guns and drugs.

The British government instructed the police to arrest anyone who went to the vaults to try and recover the contents of their safety deposit boxes. Those who protested the seizure of the contents of their safety deposit boxes were to be charged with various offenses including pedophilia, money-laundering, drug-dealing and firearms possession.

When word spread about the government raid and theft of the contents of their safety deposit boxes people rushed to the bank vaults. The police arrested 146 and charged 30 (those with the most cash and gold in their safety deposit boxes) with trumped up pedophilia, money-laundering, drug-dealing and firearms charges.

Utter drivel.

1) Operation Rize raided the boxes in June 2008 the govt under that lying warmonger Blair.

2) I wasn't charged under trumped charges of kiddie fiddling etc and I used my MP!

Admittedly it was state sanctioned theft.!

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In March of 2011 the British Prime Minister David Cameron ordered British police to execute Operation Rize - raid and seize the entire contents (art, gold ingots, gold dust, jewelery and cash) of nearly 7,000 safety deposit boxes from three vaults in London. The British government simply told Scotland Yard that the safety deposit boxes were used by criminals to store cash, guns and drugs.

The British government instructed the police to arrest anyone who went to the vaults to try and recover the contents of their safety deposit boxes. Those who protested the seizure of the contents of their safety deposit boxes were to be charged with various offenses including pedophilia, money-laundering, drug-dealing and firearms possession.

When word spread about the government raid and theft of the contents of their safety deposit boxes people rushed to the bank vaults. The police arrested 146 and charged 30 (those with the most cash and gold in their safety deposit boxes) with trumped up pedophilia, money-laundering, drug-dealing and firearms charges.

Utter drivel.

1) Operation Rize raided the boxes in June 2008 the govt under that lying warmonger Blair.

2) I wasn't charged under trumped charges of kiddie fiddling etc and I used my MP!

Admittedly it was state sanctioned theft.!

Haha, Fishie - I like your predictions.

#3 is a bust, but I hope #5 comes true (with pot pourri).

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In March of 2011 the British Prime Minister David Cameron ordered British police to execute Operation Rize - raid and seize the entire contents (art, gold ingots, gold dust, jewelery and cash) of nearly 7,000 safety deposit boxes from three vaults in London. The British government simply told Scotland Yard that the safety deposit boxes were used by criminals to store cash, guns and drugs.

The British government instructed the police to arrest anyone who went to the vaults to try and recover the contents of their safety deposit boxes. Those who protested the seizure of the contents of their safety deposit boxes were to be charged with various offenses including pedophilia, money-laundering, drug-dealing and firearms possession.

When word spread about the government raid and theft of the contents of their safety deposit boxes people rushed to the bank vaults. The police arrested 146 and charged 30 (those with the most cash and gold in their safety deposit boxes) with trumped up pedophilia, money-laundering, drug-dealing and firearms charges.

Utter drivel.

1) Operation Rize raided the boxes in June 2008 the govt under that lying warmonger Blair.

2) I wasn't charged under trumped charges of kiddie fiddling etc and I used my MP!

Admittedly it was state sanctioned theft.!

Did you get it all back and how long did it take - out of interest.

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This version isn't accurate but, I do recall this.

I seem to think it was driven by the Police and being seen to get results under POCA (proceeds of organised crime legislation).

I think there may have been some drug money recovered but, it takes people as uniquely stupid as the Police to raid a safety deposit centre in Golders Green, get all excited about the gold loot recovered, and not foresee it belonging largely to holocaust survivors who'd kept the stuff out of the hands of the Nazis, only for our half-witted Police to try and snatch it.

Bit reminiscent of Mr Trebus saying the local council environmental health officers were like Nazi concentration camp guards. They took umbrage and started threatening various racial discrimination mumbo jumbo only for it to transpire he had actually been a prisoner in a Nazi concentration camp and was really rather better placed than, the local council jobsworths or anyone else, to suggest who may or may not be behaving like the guards.

I also think the authorities, with the safety deposit box thing, were rather bemused that some ordinary law-abiding people chose to keep valuable physical assets safely, in somewhere that wasn't a bank, and weren't just living by taking on a mountain of debt like the rest of the sheeple.

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Ahh, I see. Everybody's at it.

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US Government Asset Seizures On The Rise

The Wall Street Journal published a disturbing article earlier this week entitled “Federal Asset Seizures Rise, Netting Innocent With Guilty.”

You can already imagine the crux of the article.

In the United States, there are hundreds of regulations which authorize dozens federal agencies to confiscate private property– homes, cars, bank accounts, gold, company shares, and even personal effects.

Ironically, most Americans still think that they live in a country where you’re innocent until proven guilty. Nothing could be further from the truth, and it’s just another clear example of how the US Constitution has become a worthless piece of toilet paper for the federal government.

The Fifth Amendment states that “No person shall be… deprived of life, liberty, or property, without due process of law.” Tell that James Lieto, a New York businessman who was relieved of $392,000 when the armored car company used by his check-cashing firm was taken down by the FBI.

Lieto was innocent and not implicated in any wrongdoing, but the FBI took his money regardless as it just happened to be in the wrong place at the wrong time.

Last October, another businessman named Raul Stio was suspected of wrongdoing by the Treasury Department. The government seized over $150,000 from his account, yet in the 10-months that followed, Stio has still not been charged with a crime.

According to Justice Department statistics, the total value of confiscated property exceeded $2.5 billion in 2010, more than double from five years ago. The average take per case? $166,000… and the vast majority of cases were non-criminal.

It’s truly staggering to think about how much can be taken away from you in the blink of an eye, all without any judicial oversight or right to a hearing.

The reason could be anything. Maybe you violated some arcane, meaningless regulation among the hundreds of thousands of pages of US Code (ignorance of the law is NOT an excuse!). Maybe you were at the wrong place at the wrong time. Or maybe they had no real reason at all other than mere suspicion.

One minute you have money, the next you’re completely locked out of your wealth and livelihood. They force YOU to prove to them that you aren’t guilty, but they take away any means you had to defend yourself.

Look, this is the new reality in America. The entire country has become a nation of criminals– there isn’t a single man, woman, or child alive who is not in violation of some obscure regulation or cannot be ‘suspected’ of wrongdoing.

This is really just a form of cannibalism– a government feeding on its own citizens in order to keep the party going just a little bit longer. They’ll raise taxes, seize assets, take over pension funds, erode freedoms, start wars and send people to die– whatever it takes to maintain the status quo.

I’ve long advocated for an internationalization strategy: diversifying various assets and interests overseas so that no one single government has total control over your livelihood.

Store your gold in Switzerland. Open a bank account in Hong Kong. Register your company in the BVI. Establish a ‘backup’ residency in Chile. Expand your business in Brazil. Get a better job in Singapore. Obtain a second passport in Malta. Open a brokerage account in the Cayman Islands.

Yadda yadda link

Blah blah link

And for the big prize...

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UN Security Council eyes unfreezing Libyan assets

(AP)

The UN Security Council will vote this week on a resolution releasing frozen Libyan assets to the rebels trying to oust Moammar Gaddafi, a British official said Wednesday.

Council diplomats said they plan to circulate a draft resolution drawn up by France, the US and Britain later Wednesday that would free up seized Libyan funds to help the country’s opposition establish their leadership and pay for vital medical and humanitarian supplies.

“We are engaged at the United Nations and elsewhere to pave the way for the unfreezing of assets, the assets that have been frozen for five months but which ultimately belong to the Libyan people,” British Foreign Secretary William Hague told reporters.

Britain, the US and the European Union have called for the quick release of assets to help the opposition National Transitional Council rebuild the Libyan economy, restore essential services, reform the police and the army, and pay government salaries.

...

Haha. What a joke. Imagine giving this bunch of crazed mercs and fweedumb fighters that wad of cash... that'll be the day. They can't even put up a real fight.

Give it 6 months and the Yanks will have 50k+ soldiers on the ground to clear out the 'al-keeyda, and twice as many contractors building up a new 'embassy'

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The theft continues.

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UK signs agreement to tax Swiss bank accounts

The Treasury will recoup more than £5bn in unpaid tax from Britons with Swiss bank accounts under a deal between the UK and Switzerland signed last night. Switzerland's strict secrecy laws have made it a safe haven for the rich, but the UK Government is cracking down on offshore tax evasion.

In 2013, the Swiss banks will hand over a one-off levy of more than £5bn to settle past tax liabilities of Britons with money salted away in the country.

From then on, Switzerland will impose a withholding tax of 48 per cent on income such as interest and 27 per cent on capital gains such as shares rising in value. It is unclear how much this will raise because some Britons may move their assets elsewhere.

The agreement was signed in Zurich by Dave Hartnett, the permanent secretary for tax at HM Revenue & Customs. "The world has changed for tax evaders," he said. "A few years ago, nobody would have anticipated that we would conclude an agreement with Switzerland to tackle tax evasion." Legislation to enforce the agreement will be included in the measures to implement next spring's Budget.

George Osborne, the Chancellor, said last night: "We will be as tough on the richest who evade tax as those who cheat on benefits. The days when it was easy to stash the profits of tax evasion in Switzerland are over." He allocated HMRC an extra £900m to tackle evasion during his government-wide spending review. It is expected to bring in an extra £7bn a year of revenue by reducing evasion at home and abroad by 2015. Estimates suggest that evasion and avoidance costs the Exchequer about £14bn annually.

Treasury officials sought a retrospective element, a move which initially met resistance in Zurich but has now been resolved by the £5bn-plus windfall. It is based on a tax level of 19 to 34 per cent on estimated past tax liabilities. The deal will include a new information sharing agreement to make it easier for HMRC to find out about Swiss accounts held by UK taxpayers.

Last year, the G20 group of leading economies ordered a global clampdown on offshore tax havens. Successive British governments have promised to close loopholes but the international pressure has now strengthened the Treasury's hand.

"One-off" levy haha.

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When these places get burgled only half the deposit box owners ever appear to reveal their loss. They'd rather take the hit than tell anyone what they'd deposited.

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I'm increasingly minded that these raids are more likely to be targetting some state secret/foreign espionage/whistleblower's things that are stashed there and the whole lot is raided as a smokescreen. If they hoover up some drug money/untaxed income then it's a bonus.

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http://www.theguardian.com/uk-news/2015/apr/08/hatton-garden-london-vault-raid-jewellers-anxious-stolen-property

He said like many of the depositors at Hatton Garden Safe Deposit Ltd his property was uninsured. “Lots of people keep their jewellery here to reduce insurance costs,” he said.

He said he felt dismay, shock and disbelief. “I just can’t believe it has happened.”

He expressed his disappointment that the vault’s security had been breached, adding that he had been told thieves had “broken through a wall and got in that way”.

“If you look at the website it says it is the safest place around, I’m extremely shocked. There is a double door before you even get to the vault.”

With the money saved in insurance costs surely you can cover the losses???

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Police admit they DID get a call saying Hatton Garden alarm had gone off in £200million deposit box heist... but decided that nothing needed to be done

Police today confirmed that an alarm went off at the raided premises in the early hours of Friday morning, but they decided it did not need immediate investigation.

Even better!

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Probably spooks wanting to get their hands on a book, cd or tape in one of the boxes.

The news said both of the owners of that firm are overseas - one in the Middle East I think it was said.

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Do these pictures inside the £60m Hatton Garden heist prove robbery gang WAS also responsible for near-identical theft in Berlin two years ago?
article-3050458-27DDAE8600000578-540_636

Pictures released by Scotland Yard this morning, nearly three weeks after the incident, reveal the mayhem which detectives discovered when they arrived at the crime scene in London's diamond district following the Easter weekend raid. Perhaps the most crucial photo exposes the gaping hole - which is 50cm deep, 25cm high and 45cm wide - that suspects carefully drilled into the vault's thick concrete wall using a heavy duty Hilti DD350 tool (top left). The photo is almost identical to the image released by German police following the raid on the Volksbank in 2013, in which thieves escaped with a £8.3m haul after ransacking 294 security vaults full of diamonds, gold and silver. In that incident, the gang had also tunnelled their way 100ft underground through a 3ft concrete wall - with the same drill - to break into the bank's strongroom. They have never been found.

No the MO in the first one was 4 drill holes and only 3 for the other one.

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Do these pictures inside the £60m Hatton Garden heist prove robbery gang WAS also responsible for near-identical theft in Berlin two years ago?

article-3050458-27DDAE8600000578-540_636

Pictures released by Scotland Yard this morning, nearly three weeks after the incident, reveal the mayhem which detectives discovered when they arrived at the crime scene in London's diamond district following the Easter weekend raid. Perhaps the most crucial photo exposes the gaping hole - which is 50cm deep, 25cm high and 45cm wide - that suspects carefully drilled into the vault's thick concrete wall using a heavy duty Hilti DD350 tool (top left). The photo is almost identical to the image released by German police following the raid on the Volksbank in 2013, in which thieves escaped with a £8.3m haul after ransacking 294 security vaults full of diamonds, gold and silver. In that incident, the gang had also tunnelled their way 100ft underground through a 3ft concrete wall - with the same drill - to break into the bank's strongroom. They have never been found.

No the MO in the first one was 4 drill holes and only 3 for the other one.

Tut tut, oh for a few hundred quid of steel rebar and mesh before the concrete pour.

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  • 338 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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