Cowboys, stuffed suitcases, wire transfers and Iraq...
This is not a new story, of course. When the Coalition Provisional Authority (read: the US) plundered Iraq's reserves, dragged it all to Holy Land II and converted it to greenbacks, it then started handing out the reconstruction money as if it were hot cross buns, without almost the slightest consideration for oversight or accounting. Massive surprise (not) that an estimated USD 10 billion went 'missing in action'.
Federal investigators looking into corruption involving reconstruction in
Some of the cases involve people suspected of mailing tens of thousands of dollars to themselves from
In other cases, millions of dollars were moved through wire transfers. Suspects then used cash to buy BMWs, Humvees, jewelry, or to pay off enormous casino debts.
Some suspects also tried to conceal foreign bank accounts, the investigators said. In other cases, they said cash was found stacked in home safes.
There already have been dozens of indictments and convictions for corruption since the 2003 invasion of