UKC Interview: Brian Gerrish speaks to financial whistleblower Trevor Kitchen.
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FOREX and Banking Fraud: A UKColumn interview with Trevor Kitchen
Should we trust the banks and the banking industry? The banks and the industry say yes, but the facts and their track record over many years suggest that no we shouldn’t trust them. Trevor Kitchen is one man who knows only too well that they are not to be trusted after he started to track the unusual rise of the Swiss Franc.
Trevor’s knowledge and diligence led him to become the key whistleblower in exposing the 2013 Forex scandal. As the wikipedia entry (https://en.wikipedia.org/wiki/Forex_scandal) details very concisely, this massive fraud was executed by senior currency traders who operated in named ‘clubs’ such as The Cartel, The Bandits, One Team One Dream, and the Mafia. Alongside lurid discussions about women and drugs, the participating members of these clubs manipulated the forex market exchange rates to deliver massive fraudulent gains for themselves and others. At the same time they defrauded the public. In 2014 fraudulent losses for Britain’s 20.7 million pension holders was estimated to be £7.5 billion per year.
Join Trevor Kitchen and Brian Gerrish UKColumn as Trevor describes the nature and scale of the Forex fraud, and his treatment by the banking industry and regulators following presentation of his whistleblowing evidence. Far from praised and protected, Trevor became an enemy of the Swiss banking deep state. He was accused of criminal acts for which he was arrested, strip searched and imprisoned, before finally reaching safety in an undeclared location. Our discussions range from the corrupt global banking industry, to the corruption inside the EU under Neil Kinnock’s EU Commission reign, the bravery of Dutch whistleblower MEP Paul Van Buitenen, corruption inside UK City Councils and whitewashing by EU Anti-Fraud Office OLAF.
Should we trust the banks and the banking industry? The banks and the industry say yes, but the facts and their track record over many years suggest that no we shouldn’t trust them. Trevor Kitchen is one man who knows only too well that they are not to be trusted after he started to track the unusual rise of the Swiss Franc.
Trevor’s knowledge and diligence led him to become the key whistleblower in exposing the 2013 Forex scandal. As the wikipedia entry (https://en.wikipedia.org/wiki/Forex_scandal) details very concisely, this massive fraud was executed by senior currency traders who operated in named ‘clubs’ such as The Cartel, The Bandits, One Team One Dream, and the Mafia. Alongside lurid discussions about women and drugs, the participating members of these clubs manipulated the forex market exchange rates to deliver massive fraudulent gains for themselves and others. At the same time they defrauded the public. In 2014 fraudulent losses for Britain’s 20.7 million pension holders was estimated to be £7.5 billion per year.
Join Trevor Kitchen and Brian Gerrish UKColumn as Trevor describes the nature and scale of the Forex fraud, and his treatment by the banking industry and regulators following presentation of his whistleblowing evidence. Far from praised and protected, Trevor became an enemy of the Swiss banking deep state. He was accused of criminal acts for which he was arrested, strip searched and imprisoned, before finally reaching safety in an undeclared location. Our discussions range from the corrupt global banking industry, to the corruption inside the EU under Neil Kinnock’s EU Commission reign, the bravery of Dutch whistleblower MEP Paul Van Buitenen, corruption inside UK City Councils and whitewashing by EU Anti-Fraud Office OLAF.