
It
is no secret that Russian organized crime (ROC) kingpins
and their cohorts in the United States do not like the
Institute with particular distaste for our Director and General
Legal Counsel,
Emanuel
Zeltser. And who can blame them?
Renowned
US-Russian legal scholar, Mr. Zeltser is well known for
his firm and vocal stance against ROC and corruption that
in the words of the former Russian president Boris Yeltsyn
has "devoured the country from top to bottom."
Mr. Zeltser has significantly contributed toward exposing
massive money laundering by ROC through the Bank of New
York and helped shut down the Russian mob-controlled bank,
Inkombank, BoNY’s principal Russian “correspondent.”
In 1999, at the request of the Chairman of the House
Committee on Banking and Financial Services, Hon. James
Leach, Mr. Zeltser assisted the Committee in connection
with its investigation into the Bank of New York’s money
laundering charges and provided a statement at the
September 29, 1999 Hearing on the Bank of New York,
Russian organized crime and money laundering. (See
Letter
from the Chairman of the House Committe on Banking and
Financial Services, James A. Leach to Emanuel E. Zeltser,
Esq.)
Mr.
Zeltser has sued Inkombank and the Bank of New York on
behalf of hundreds of thousands of depositors whose life
savings were looted by corrupt Russian and American
bankers. In November of 1999, at the request of the
House Committee on Banking and Financial Services, he and
his colleagues at the Institute
assisted in evaluating and editing a draft of the
"Foreign Money Laundering Deterrence and
Anticorruption Act." (H.R. 2896)" (passed in
the House in 2001.) In 2001, he assisted in in drafting
portions of a similar
Anti-Money
Laundering Bill (passed in the Russian Parliament (Duma)
in July of 2001.
Appearing
as legal expert on Voice of America, Radio Free Europe and
many other world broadcast and print media, Mr. Zeltser
fearlessly continued exposing ROC and its accomplices in
the US.
Recognizing
dangers to them, posed by his efforts, Russian racketeers
and their US mouthpieces engaged in all-out campaign
aimed at smearing and silencing Mr. Zeltser and others at
the Institute and those
allied with them in halting the Russian mob’s
proliferation into the United States. Backed by billions
of dollars stolen from the IMF, the World Bank and other
publicly funded institutions, Russian mobsters have paid
prodigious fees to “political” Western law firms to
falsely accuse Mr. Zeltser of “theft” from Inkombank,
“conspiracy” against the Bank of New York and even
“insufficiency” of his legal credentials.
Simultaneously
with the series of attempts to manipulate US legal
proceedings, Russian mobsters engaged in their more
"traditional techniques" In 1998, Mr.
Zeltser, a former race driver, narrowly escaped grievous
injury in a car crash when his Jeep breaks were tampered
with by unknown perpetrators.
Testifying
before the House Banking Committee former CIA Director R.
James Woolsey warned the members of Congress:
"Russian organized crime can use its resources to
corrupt institutions here in the United States. The recent
case involving the Bank of New York may prove to be one
such example." "Regrettably I must agree with
Mr. Woolsey", said Mr. Zeltser, "it is
unfortunate that one of the oldest financial institutions
in this country and even its attorneys have carried this
vendetta against the Institute at the behest of the ROC -
- becoming de facto spokesmen for the Russian mob."
Russian
mobsters and their US confederates continue this smear
campaign to this day in a hopeless quest to intimidate and
silence Mr. Zeltser and the
Institute.
"Zealously
courted by prodigiously compensated endorsers
Russian mob-bankers have been successful in subverting and
delaying for years investigations and judicial proceedings
relating to their machinations in the US, persuading
regulators to disregard reports of whistle blowers,
casting aspersions on “unfriendly” witnesses by the
strategic phone calls, and removing those who could not be
thoroughly defamed by intimidation, harassment and strong
arm tactics ." Emanuel Zeltser
(Congressional
Hearings, Sep. 21, 1999)