For The Record  

FTR #2 The “Phony Money” Scandal

Lis­ten now: One Seg­ment

This seg­ment details a very com­plex and impor­tant (though sadly under­re­ported) scan­dal. Some of the ele­ments and oper­a­tions involved in the inves­ti­ga­tion include: “ex” CIA oper­a­tives; the infa­mous Licio Gelli of P-2 Lodge fame (a for­mer Mus­solini fas­cist and SS offi­cer deeply con­nected to the intel­li­gence ser­vices and polit­i­cal estab­lish­ments of many nations); Russ­ian fas­cist Vladimir Zhiri­novsky; the smug­gling of nuclear mate­ri­als through Croa­tia; the laun­der­ing of hun­dreds of mil­lions of dol­lars through the Vat­i­can Bank by the Car­di­nal of Barcelona; weapons deal­ers report­edly involved in the Iran-Contra scan­dal; Yasser Arafat and PLO-related gold smug­gling and the mur­ders of two Ital­ian inves­tiga­tive reporters. (Recorded in August of 1996.)

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