treasury’s war - idob cummings... · treasury’s war. iowa division of banking 25th annual day...
TRANSCRIPT
![Page 1: TREASURY’S WAR - IDOB Cummings... · TREASURY’S WAR. Iowa Division of Banking 25th Annual Day with the Superintendent April 12, 2018. ... –Bought most of upper New York for](https://reader034.vdocuments.mx/reader034/viewer/2022042223/5ec9c4310f2d6d7bf63ad5b3/html5/thumbnails/1.jpg)
Paul CummingsDirector of Compliance Review ServicesHamby & Hengeli, LLC
TREASURY’S WAR
![Page 2: TREASURY’S WAR - IDOB Cummings... · TREASURY’S WAR. Iowa Division of Banking 25th Annual Day with the Superintendent April 12, 2018. ... –Bought most of upper New York for](https://reader034.vdocuments.mx/reader034/viewer/2022042223/5ec9c4310f2d6d7bf63ad5b3/html5/thumbnails/2.jpg)
Iowa Division of Banking
25th Annual Day with the Superintendent
April 12, 2018
![Page 3: TREASURY’S WAR - IDOB Cummings... · TREASURY’S WAR. Iowa Division of Banking 25th Annual Day with the Superintendent April 12, 2018. ... –Bought most of upper New York for](https://reader034.vdocuments.mx/reader034/viewer/2022042223/5ec9c4310f2d6d7bf63ad5b3/html5/thumbnails/3.jpg)
New Texas Department of Banking Mission Statement
![Page 4: TREASURY’S WAR - IDOB Cummings... · TREASURY’S WAR. Iowa Division of Banking 25th Annual Day with the Superintendent April 12, 2018. ... –Bought most of upper New York for](https://reader034.vdocuments.mx/reader034/viewer/2022042223/5ec9c4310f2d6d7bf63ad5b3/html5/thumbnails/4.jpg)
Death From Above!
Shock and Awe!
Go ahead, Make our Day!
Alternative Suggestions for mission statement!
![Page 5: TREASURY’S WAR - IDOB Cummings... · TREASURY’S WAR. Iowa Division of Banking 25th Annual Day with the Superintendent April 12, 2018. ... –Bought most of upper New York for](https://reader034.vdocuments.mx/reader034/viewer/2022042223/5ec9c4310f2d6d7bf63ad5b3/html5/thumbnails/5.jpg)
• Director of Compliance Review Services for Hamby & Hengeli, LLC based in San Angelo, TX
• Deposit Operations Audits
• Loan Operation Audits
• Bank Secrecy Act Audits
• IT Audits
• Fair Lending Reviews
• Loan Reviews
• Training
• Senior Special Agent with the U.S Department of Treasury and the U.S. Department of Homeland Security
Paul CummingsCFE, CRCM, CAMS, CCBCO, CBAP, BA, MPA
![Page 6: TREASURY’S WAR - IDOB Cummings... · TREASURY’S WAR. Iowa Division of Banking 25th Annual Day with the Superintendent April 12, 2018. ... –Bought most of upper New York for](https://reader034.vdocuments.mx/reader034/viewer/2022042223/5ec9c4310f2d6d7bf63ad5b3/html5/thumbnails/6.jpg)
![Page 7: TREASURY’S WAR - IDOB Cummings... · TREASURY’S WAR. Iowa Division of Banking 25th Annual Day with the Superintendent April 12, 2018. ... –Bought most of upper New York for](https://reader034.vdocuments.mx/reader034/viewer/2022042223/5ec9c4310f2d6d7bf63ad5b3/html5/thumbnails/7.jpg)
San Angelo, Texas
(No Mountains, Trees, or Snow!)
![Page 8: TREASURY’S WAR - IDOB Cummings... · TREASURY’S WAR. Iowa Division of Banking 25th Annual Day with the Superintendent April 12, 2018. ... –Bought most of upper New York for](https://reader034.vdocuments.mx/reader034/viewer/2022042223/5ec9c4310f2d6d7bf63ad5b3/html5/thumbnails/8.jpg)
TREASURY’S WAR
Presented by James P. Cummings, JrDirector of Compliance Review Services
Hamby & Hengeli, LLCSenior Special Agent (inactive)
Department of Homeland Security
![Page 9: TREASURY’S WAR - IDOB Cummings... · TREASURY’S WAR. Iowa Division of Banking 25th Annual Day with the Superintendent April 12, 2018. ... –Bought most of upper New York for](https://reader034.vdocuments.mx/reader034/viewer/2022042223/5ec9c4310f2d6d7bf63ad5b3/html5/thumbnails/9.jpg)
Robert Morris
![Page 10: TREASURY’S WAR - IDOB Cummings... · TREASURY’S WAR. Iowa Division of Banking 25th Annual Day with the Superintendent April 12, 2018. ... –Bought most of upper New York for](https://reader034.vdocuments.mx/reader034/viewer/2022042223/5ec9c4310f2d6d7bf63ad5b3/html5/thumbnails/10.jpg)
• Wealthiest of the Founding Fathers
• Real Estate Developer
– Bought most of upper New York for $333,000.00
• Investment Banker
• Owned several Customhouses in Colonies
• Prolific writer and extremely opinionated.
• Chief Financial Officer for the Continental Army
– Financed Continental Army with own money duringperiods of the war.
Robert Morris Resume
![Page 11: TREASURY’S WAR - IDOB Cummings... · TREASURY’S WAR. Iowa Division of Banking 25th Annual Day with the Superintendent April 12, 2018. ... –Bought most of upper New York for](https://reader034.vdocuments.mx/reader034/viewer/2022042223/5ec9c4310f2d6d7bf63ad5b3/html5/thumbnails/11.jpg)
Robert Morris of 2018?
![Page 12: TREASURY’S WAR - IDOB Cummings... · TREASURY’S WAR. Iowa Division of Banking 25th Annual Day with the Superintendent April 12, 2018. ... –Bought most of upper New York for](https://reader034.vdocuments.mx/reader034/viewer/2022042223/5ec9c4310f2d6d7bf63ad5b3/html5/thumbnails/12.jpg)
• Centralized Banking System
– Idea to Jefferson and Hamilton through correspondence.
– Chosen initially by Washington to be the first Secretary of the Treasury.
• “This country’s financial system will become its greatest asset”
• “Future wars will be fought with economic means…”
Robert Morris Contributions
![Page 13: TREASURY’S WAR - IDOB Cummings... · TREASURY’S WAR. Iowa Division of Banking 25th Annual Day with the Superintendent April 12, 2018. ... –Bought most of upper New York for](https://reader034.vdocuments.mx/reader034/viewer/2022042223/5ec9c4310f2d6d7bf63ad5b3/html5/thumbnails/13.jpg)
1920s Prohibition
![Page 14: TREASURY’S WAR - IDOB Cummings... · TREASURY’S WAR. Iowa Division of Banking 25th Annual Day with the Superintendent April 12, 2018. ... –Bought most of upper New York for](https://reader034.vdocuments.mx/reader034/viewer/2022042223/5ec9c4310f2d6d7bf63ad5b3/html5/thumbnails/14.jpg)
![Page 15: TREASURY’S WAR - IDOB Cummings... · TREASURY’S WAR. Iowa Division of Banking 25th Annual Day with the Superintendent April 12, 2018. ... –Bought most of upper New York for](https://reader034.vdocuments.mx/reader034/viewer/2022042223/5ec9c4310f2d6d7bf63ad5b3/html5/thumbnails/15.jpg)
Alfonso Capone
![Page 16: TREASURY’S WAR - IDOB Cummings... · TREASURY’S WAR. Iowa Division of Banking 25th Annual Day with the Superintendent April 12, 2018. ... –Bought most of upper New York for](https://reader034.vdocuments.mx/reader034/viewer/2022042223/5ec9c4310f2d6d7bf63ad5b3/html5/thumbnails/16.jpg)
• $1,157,250,000.00 Net Worth using inflation to translate into today’s figures.
• Over 600 criminals employed in various activities
– Illegal liquor
– Prostitution
– Gambling
– Over 5000 murders directly attributed to related criminal activities
![Page 17: TREASURY’S WAR - IDOB Cummings... · TREASURY’S WAR. Iowa Division of Banking 25th Annual Day with the Superintendent April 12, 2018. ... –Bought most of upper New York for](https://reader034.vdocuments.mx/reader034/viewer/2022042223/5ec9c4310f2d6d7bf63ad5b3/html5/thumbnails/17.jpg)
Eliot Ness Special Agent Department of Treasury
![Page 18: TREASURY’S WAR - IDOB Cummings... · TREASURY’S WAR. Iowa Division of Banking 25th Annual Day with the Superintendent April 12, 2018. ... –Bought most of upper New York for](https://reader034.vdocuments.mx/reader034/viewer/2022042223/5ec9c4310f2d6d7bf63ad5b3/html5/thumbnails/18.jpg)
• Use normal law enforcement techniques to attack Capone criminal organization.
• Those techniques prove ineffective.
• New concepts of financial crime were developed and used.
• Violation of 26 USC 7201 Income Tax Evasion was used to finally put Capone in prison.
• Capone became one of the first cases on record to use financial information as the bedrock of the criminal case.
Treasury Department Strategy
![Page 19: TREASURY’S WAR - IDOB Cummings... · TREASURY’S WAR. Iowa Division of Banking 25th Annual Day with the Superintendent April 12, 2018. ... –Bought most of upper New York for](https://reader034.vdocuments.mx/reader034/viewer/2022042223/5ec9c4310f2d6d7bf63ad5b3/html5/thumbnails/19.jpg)
Narcotics Trafficking 1970 - Present
![Page 20: TREASURY’S WAR - IDOB Cummings... · TREASURY’S WAR. Iowa Division of Banking 25th Annual Day with the Superintendent April 12, 2018. ... –Bought most of upper New York for](https://reader034.vdocuments.mx/reader034/viewer/2022042223/5ec9c4310f2d6d7bf63ad5b3/html5/thumbnails/20.jpg)
![Page 21: TREASURY’S WAR - IDOB Cummings... · TREASURY’S WAR. Iowa Division of Banking 25th Annual Day with the Superintendent April 12, 2018. ... –Bought most of upper New York for](https://reader034.vdocuments.mx/reader034/viewer/2022042223/5ec9c4310f2d6d7bf63ad5b3/html5/thumbnails/21.jpg)
![Page 22: TREASURY’S WAR - IDOB Cummings... · TREASURY’S WAR. Iowa Division of Banking 25th Annual Day with the Superintendent April 12, 2018. ... –Bought most of upper New York for](https://reader034.vdocuments.mx/reader034/viewer/2022042223/5ec9c4310f2d6d7bf63ad5b3/html5/thumbnails/22.jpg)
Robert Mazur Special Agent U.S. Treasury Department
![Page 23: TREASURY’S WAR - IDOB Cummings... · TREASURY’S WAR. Iowa Division of Banking 25th Annual Day with the Superintendent April 12, 2018. ... –Bought most of upper New York for](https://reader034.vdocuments.mx/reader034/viewer/2022042223/5ec9c4310f2d6d7bf63ad5b3/html5/thumbnails/23.jpg)
Pablo Escobar/Bob Mazur
![Page 24: TREASURY’S WAR - IDOB Cummings... · TREASURY’S WAR. Iowa Division of Banking 25th Annual Day with the Superintendent April 12, 2018. ... –Bought most of upper New York for](https://reader034.vdocuments.mx/reader034/viewer/2022042223/5ec9c4310f2d6d7bf63ad5b3/html5/thumbnails/24.jpg)
• 420 million dollars a week in revenue
• Expensed $2500.00 per month in Rubber Bands
• 7th Wealthiest Person in the World in 1989
• US Most Wanted #1
• Miami Federal Reserve Bank held approximately $8 Billion in reserve cash…Over half of the nation’s cash surplus
![Page 25: TREASURY’S WAR - IDOB Cummings... · TREASURY’S WAR. Iowa Division of Banking 25th Annual Day with the Superintendent April 12, 2018. ... –Bought most of upper New York for](https://reader034.vdocuments.mx/reader034/viewer/2022042223/5ec9c4310f2d6d7bf63ad5b3/html5/thumbnails/25.jpg)
Escobar and Son visit White House in late 1980’s
![Page 26: TREASURY’S WAR - IDOB Cummings... · TREASURY’S WAR. Iowa Division of Banking 25th Annual Day with the Superintendent April 12, 2018. ... –Bought most of upper New York for](https://reader034.vdocuments.mx/reader034/viewer/2022042223/5ec9c4310f2d6d7bf63ad5b3/html5/thumbnails/26.jpg)
• Again the Treasury Department used financial techniques to attack the narcotics trafficking organizations.
• Congress passes several laws to include:
– Bank Secrecy Act
• Currency Transaction Reports
• Suspicious Activity Reports
• FinCEN is created in 1990
– Financial Crimes Enforcement Network
Impact of Narcotics Trafficking
![Page 27: TREASURY’S WAR - IDOB Cummings... · TREASURY’S WAR. Iowa Division of Banking 25th Annual Day with the Superintendent April 12, 2018. ... –Bought most of upper New York for](https://reader034.vdocuments.mx/reader034/viewer/2022042223/5ec9c4310f2d6d7bf63ad5b3/html5/thumbnails/27.jpg)
War On Terrorism
![Page 28: TREASURY’S WAR - IDOB Cummings... · TREASURY’S WAR. Iowa Division of Banking 25th Annual Day with the Superintendent April 12, 2018. ... –Bought most of upper New York for](https://reader034.vdocuments.mx/reader034/viewer/2022042223/5ec9c4310f2d6d7bf63ad5b3/html5/thumbnails/28.jpg)
• After 9/11 Congress passes additional laws to help in the combatting of Terrorism and violent criminal activity
• USA PATRIOT Act
– Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism Act of 2001
• OFAC
– Office of Foreign Asset Control (1940)
![Page 29: TREASURY’S WAR - IDOB Cummings... · TREASURY’S WAR. Iowa Division of Banking 25th Annual Day with the Superintendent April 12, 2018. ... –Bought most of upper New York for](https://reader034.vdocuments.mx/reader034/viewer/2022042223/5ec9c4310f2d6d7bf63ad5b3/html5/thumbnails/29.jpg)
• Financial Intelligence Unit is created by the Department of Treasury to support the Department of Defense and Central Intelligence Agency.
• Special Agents are embedded with direct action units in Southwest Asia (Pakistan, Afghanistan, Iraq).
• These agents provide actionable intelligence using primarily financial information gathered from sources both domestically and internationally.
Financial Intelligence Unit
![Page 30: TREASURY’S WAR - IDOB Cummings... · TREASURY’S WAR. Iowa Division of Banking 25th Annual Day with the Superintendent April 12, 2018. ... –Bought most of upper New York for](https://reader034.vdocuments.mx/reader034/viewer/2022042223/5ec9c4310f2d6d7bf63ad5b3/html5/thumbnails/30.jpg)
Kabul, Afghanistan 2003-2004
![Page 31: TREASURY’S WAR - IDOB Cummings... · TREASURY’S WAR. Iowa Division of Banking 25th Annual Day with the Superintendent April 12, 2018. ... –Bought most of upper New York for](https://reader034.vdocuments.mx/reader034/viewer/2022042223/5ec9c4310f2d6d7bf63ad5b3/html5/thumbnails/31.jpg)
Pakistan/Afghanistan Border 2004
![Page 32: TREASURY’S WAR - IDOB Cummings... · TREASURY’S WAR. Iowa Division of Banking 25th Annual Day with the Superintendent April 12, 2018. ... –Bought most of upper New York for](https://reader034.vdocuments.mx/reader034/viewer/2022042223/5ec9c4310f2d6d7bf63ad5b3/html5/thumbnails/32.jpg)
Afghan President Karzai Protection Detail
![Page 33: TREASURY’S WAR - IDOB Cummings... · TREASURY’S WAR. Iowa Division of Banking 25th Annual Day with the Superintendent April 12, 2018. ... –Bought most of upper New York for](https://reader034.vdocuments.mx/reader034/viewer/2022042223/5ec9c4310f2d6d7bf63ad5b3/html5/thumbnails/33.jpg)
Training Patrol – North West Afghanistan
![Page 34: TREASURY’S WAR - IDOB Cummings... · TREASURY’S WAR. Iowa Division of Banking 25th Annual Day with the Superintendent April 12, 2018. ... –Bought most of upper New York for](https://reader034.vdocuments.mx/reader034/viewer/2022042223/5ec9c4310f2d6d7bf63ad5b3/html5/thumbnails/34.jpg)
Return to US after last Overseas Deployment to Southwest Asia
![Page 35: TREASURY’S WAR - IDOB Cummings... · TREASURY’S WAR. Iowa Division of Banking 25th Annual Day with the Superintendent April 12, 2018. ... –Bought most of upper New York for](https://reader034.vdocuments.mx/reader034/viewer/2022042223/5ec9c4310f2d6d7bf63ad5b3/html5/thumbnails/35.jpg)
• I began using those same law enforcementstrategies that the Treasury Department hadused against Al Capone, Pablo Escobar, andterrorists around the globe.
• Primarily using intelligence reports written bybanks within my Area of Operations (68Counties)
• These intelligence reports are more commonlyknown to the Banks as SARS or SuspiciousActivity Reports.
![Page 36: TREASURY’S WAR - IDOB Cummings... · TREASURY’S WAR. Iowa Division of Banking 25th Annual Day with the Superintendent April 12, 2018. ... –Bought most of upper New York for](https://reader034.vdocuments.mx/reader034/viewer/2022042223/5ec9c4310f2d6d7bf63ad5b3/html5/thumbnails/36.jpg)
![Page 37: TREASURY’S WAR - IDOB Cummings... · TREASURY’S WAR. Iowa Division of Banking 25th Annual Day with the Superintendent April 12, 2018. ... –Bought most of upper New York for](https://reader034.vdocuments.mx/reader034/viewer/2022042223/5ec9c4310f2d6d7bf63ad5b3/html5/thumbnails/37.jpg)
Suspicious Activity Reports
![Page 38: TREASURY’S WAR - IDOB Cummings... · TREASURY’S WAR. Iowa Division of Banking 25th Annual Day with the Superintendent April 12, 2018. ... –Bought most of upper New York for](https://reader034.vdocuments.mx/reader034/viewer/2022042223/5ec9c4310f2d6d7bf63ad5b3/html5/thumbnails/38.jpg)
• Suspicious Activity Reports by depository institutions
–958,537 SARs filed in 2016
–86,544 SARs filed in Texas (2016)
–Rank 4th Nationwide (2012-2016)
–California, New York, and Ohio?
Suspicious Activity Reports in Texas
![Page 39: TREASURY’S WAR - IDOB Cummings... · TREASURY’S WAR. Iowa Division of Banking 25th Annual Day with the Superintendent April 12, 2018. ... –Bought most of upper New York for](https://reader034.vdocuments.mx/reader034/viewer/2022042223/5ec9c4310f2d6d7bf63ad5b3/html5/thumbnails/39.jpg)
• Multiple Transactions below the CTR threshold
– Structuring
• Suspicion concerning the source of funds
• Transactions with no apparent economic, business, or lawful purpose
• Transaction out of pattern for customer
• Suspicious EFT/wire transfers
Types of Activity Filed on SARS
![Page 40: TREASURY’S WAR - IDOB Cummings... · TREASURY’S WAR. Iowa Division of Banking 25th Annual Day with the Superintendent April 12, 2018. ... –Bought most of upper New York for](https://reader034.vdocuments.mx/reader034/viewer/2022042223/5ec9c4310f2d6d7bf63ad5b3/html5/thumbnails/40.jpg)
• The stories you are about to see are true…Only the names have been changed to protect the innocent and guilty.
• All search warrants, Title III court orders, arrest warrants, and Grand Jury subpoenas were reviewed by senior AUSAs and signed by U.S District Court Federal Judges.
• Individual Constitutional rights were respected at all times.
• No animals were harmed by Federal Agents in conducting any of these investigations.
Disclaimer
![Page 41: TREASURY’S WAR - IDOB Cummings... · TREASURY’S WAR. Iowa Division of Banking 25th Annual Day with the Superintendent April 12, 2018. ... –Bought most of upper New York for](https://reader034.vdocuments.mx/reader034/viewer/2022042223/5ec9c4310f2d6d7bf63ad5b3/html5/thumbnails/41.jpg)
• All suspects were involved in violent criminalbehavior committing multiple violations ofFederal and State law.
• None of the suspects were under any type oflaw enforcement scrutiny before the filing ofthe SAR.
• A SAR was filed on the suspect’s financialactivity, the SAR was read by law enforcement,and then various LEGAL enforcement activitieswere conducted which resulted in arrests,indictments, seizures, and convictions.
Commonalities of Cases
![Page 42: TREASURY’S WAR - IDOB Cummings... · TREASURY’S WAR. Iowa Division of Banking 25th Annual Day with the Superintendent April 12, 2018. ... –Bought most of upper New York for](https://reader034.vdocuments.mx/reader034/viewer/2022042223/5ec9c4310f2d6d7bf63ad5b3/html5/thumbnails/42.jpg)
Lubbock, Texas
Weapons Trafficking
![Page 43: TREASURY’S WAR - IDOB Cummings... · TREASURY’S WAR. Iowa Division of Banking 25th Annual Day with the Superintendent April 12, 2018. ... –Bought most of upper New York for](https://reader034.vdocuments.mx/reader034/viewer/2022042223/5ec9c4310f2d6d7bf63ad5b3/html5/thumbnails/43.jpg)
San Angelo, Texas
6 pounds Crystal Meth
![Page 44: TREASURY’S WAR - IDOB Cummings... · TREASURY’S WAR. Iowa Division of Banking 25th Annual Day with the Superintendent April 12, 2018. ... –Bought most of upper New York for](https://reader034.vdocuments.mx/reader034/viewer/2022042223/5ec9c4310f2d6d7bf63ad5b3/html5/thumbnails/44.jpg)
San Angelo, Tyler, Abilene, Texas
Alien Smuggling/Gambling/Tax Evasion
![Page 45: TREASURY’S WAR - IDOB Cummings... · TREASURY’S WAR. Iowa Division of Banking 25th Annual Day with the Superintendent April 12, 2018. ... –Bought most of upper New York for](https://reader034.vdocuments.mx/reader034/viewer/2022042223/5ec9c4310f2d6d7bf63ad5b3/html5/thumbnails/45.jpg)
San Angelo, Texas
Tire/Rim Shop
![Page 46: TREASURY’S WAR - IDOB Cummings... · TREASURY’S WAR. Iowa Division of Banking 25th Annual Day with the Superintendent April 12, 2018. ... –Bought most of upper New York for](https://reader034.vdocuments.mx/reader034/viewer/2022042223/5ec9c4310f2d6d7bf63ad5b3/html5/thumbnails/46.jpg)
Midland/Odessa, Texas
Illegal Cockfighting Operation
![Page 47: TREASURY’S WAR - IDOB Cummings... · TREASURY’S WAR. Iowa Division of Banking 25th Annual Day with the Superintendent April 12, 2018. ... –Bought most of upper New York for](https://reader034.vdocuments.mx/reader034/viewer/2022042223/5ec9c4310f2d6d7bf63ad5b3/html5/thumbnails/47.jpg)
Del Rio, Texas
Cocaine/Marijuana Drone Run
![Page 48: TREASURY’S WAR - IDOB Cummings... · TREASURY’S WAR. Iowa Division of Banking 25th Annual Day with the Superintendent April 12, 2018. ... –Bought most of upper New York for](https://reader034.vdocuments.mx/reader034/viewer/2022042223/5ec9c4310f2d6d7bf63ad5b3/html5/thumbnails/48.jpg)
Sonora/Fort Stockton, Texas
400 Pounds of Cocaine
![Page 49: TREASURY’S WAR - IDOB Cummings... · TREASURY’S WAR. Iowa Division of Banking 25th Annual Day with the Superintendent April 12, 2018. ... –Bought most of upper New York for](https://reader034.vdocuments.mx/reader034/viewer/2022042223/5ec9c4310f2d6d7bf63ad5b3/html5/thumbnails/49.jpg)
San Angelo, Texas
Smuggled Iraqi Artifacts
![Page 50: TREASURY’S WAR - IDOB Cummings... · TREASURY’S WAR. Iowa Division of Banking 25th Annual Day with the Superintendent April 12, 2018. ... –Bought most of upper New York for](https://reader034.vdocuments.mx/reader034/viewer/2022042223/5ec9c4310f2d6d7bf63ad5b3/html5/thumbnails/50.jpg)
Tyler, Texas
2000 pounds Marijuana
![Page 51: TREASURY’S WAR - IDOB Cummings... · TREASURY’S WAR. Iowa Division of Banking 25th Annual Day with the Superintendent April 12, 2018. ... –Bought most of upper New York for](https://reader034.vdocuments.mx/reader034/viewer/2022042223/5ec9c4310f2d6d7bf63ad5b3/html5/thumbnails/51.jpg)
Fredericksburg, Texas
4000 pounds Marijuana
![Page 52: TREASURY’S WAR - IDOB Cummings... · TREASURY’S WAR. Iowa Division of Banking 25th Annual Day with the Superintendent April 12, 2018. ... –Bought most of upper New York for](https://reader034.vdocuments.mx/reader034/viewer/2022042223/5ec9c4310f2d6d7bf63ad5b3/html5/thumbnails/52.jpg)
Abbottabad, Pakistan
![Page 53: TREASURY’S WAR - IDOB Cummings... · TREASURY’S WAR. Iowa Division of Banking 25th Annual Day with the Superintendent April 12, 2018. ... –Bought most of upper New York for](https://reader034.vdocuments.mx/reader034/viewer/2022042223/5ec9c4310f2d6d7bf63ad5b3/html5/thumbnails/53.jpg)
Robert Morris
![Page 54: TREASURY’S WAR - IDOB Cummings... · TREASURY’S WAR. Iowa Division of Banking 25th Annual Day with the Superintendent April 12, 2018. ... –Bought most of upper New York for](https://reader034.vdocuments.mx/reader034/viewer/2022042223/5ec9c4310f2d6d7bf63ad5b3/html5/thumbnails/54.jpg)
“The new era of financial warfare thatbegan after 9/11 will continue to evolvein the future … a hidden war striking atthe heart of America’s enemies … a warthat has been expanded and continuesto this day on multiple fronts aroundthe world.”
![Page 55: TREASURY’S WAR - IDOB Cummings... · TREASURY’S WAR. Iowa Division of Banking 25th Annual Day with the Superintendent April 12, 2018. ... –Bought most of upper New York for](https://reader034.vdocuments.mx/reader034/viewer/2022042223/5ec9c4310f2d6d7bf63ad5b3/html5/thumbnails/55.jpg)
“……………….This is Treasury’s War.”