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Puerto Vallarta News NetworkEditorials | Issues 

33 Conspiracy Theories That Turned Out To Be True
email this pageprint this pageemail usJonathan Elinoff - New World Order Report
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January 09, 2010



11. Counter Intelligence Programs Against Activists in the 60s: COINTELPRO (an acronym for Counter Intelligence Program) was a series of covert, and often illegal, projects conducted by the United States Federal Bureau of Investigation (FBI) aimed at investigating and disrupting dissident political organizations within the United States. The FBI used covert operations from its inception, however formal COINTELPRO operations took place between 1956 and 1971. The FBI's stated motivation at the time was "protecting national security, preventing violence, and maintaining the existing social and political order."

According to FBI records, 85% of COINTELPRO resources were expended on infiltrating, disrupting, marginalizing, and/or subverting groups suspected of being subversive, such as communist and socialist organizations; the women's rights movement; militant black nationalist groups, and the non-violent civil rights movement, including individuals such as Martin Luther King, Jr. and others associated with the Southern Christian Leadership Conference, the National Association for the Advancement of Colored People, the Congress of Racial Equality, the American Indian Movement, and other civil rights groups; a broad range of organizations labeled "New Left", including Students for a Democratic Society, the National Lawyers Guild, the Weathermen, almost all groups protesting the Vietnam War, and even individual student demonstrators with no group affiliation; and nationalist groups such as those "seeking independence for Puerto Rico."

The other 15% of COINTELPRO resources were expended to marginalize and subvert "white hate groups," including the Ku Klux Klan and National States' Rights Party. The directives governing COINTELPRO were issued by FBI Director J. Edgar Hoover, who ordered FBI agents to "expose, disrupt, misdirect, discredit, or otherwise neutralize" the activities of these movements and their leaders.

12. The Iran-Contra Affair: In 1985 and '86, the White House authorized government officials to secretly trade weapons with the Israeli government in exchange for the release of U.S. hostages in Iran. The plot was uncovered by Congress in 1987.

13. The BCCI Scandal: The Bank of Credit and Commerce International (BCCI) was a major international bank founded in 1972 by Agha Hasan Abedi, a Pakistani financier. The Bank was registered in Luxembourg. Within a decade BCCI touched its peak, it operated in 78 countries, had over 400 branches, and had assets in excess of US$ 20 billion making it the 7th largest private bank in the world by assets. In the late 1980's BCCI became the target of a two year undercover operation conducted by the US Customs Service. This operation concluded with a fake wedding that was attended by BCCI officers and drug dealers from around the world who had established a personal friendship and working relationship with undercover Special Agent Robert Mazur.

After a six month trial in Tampa, key bank officers were convicted and received lengthy prison sentences. Bank officers began cooperating with law enforcement authorities and that cooperation caused BCCI’s many crimes to be revealed. BCCI came under the scrutiny of regulatory bodies and intelligence agencies in the 1980s due to its perceived avoidance of falling under one regulatory banking authority, a fact that was later, after extensive investigations, proven to be false.

BCCI became the focus of a massive regulatory battle in 1991 and was described as a "$20-billion-plus heist". Investigators in the U.S. and the UK revealed that BCCI had been "set up deliberately to avoid centralized regulatory review, and operated extensively in bank secrecy jurisdictions. Its affairs were extraordinarily complex. Its officers were sophisticated international bankers whose apparent objective was to keep their affairs secret, to commit fraud on a massive scale, and to avoid detection."


This is a report from July 23, 1991 on the BCCI


This is a report from July 8, 1991 on Connections between BCCI and the CIA


This is a report from August 6, 1991 on how the BCCI funded Pakistan's Nuclear Programs


This is a report from March 4, 1991 on the BCCI
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