Leo Emil Wanta, born 1940, is an American businessman who claims[citation needed] to be the Reagan-appointed trustee of potentially trillions of dollars, the result of an arbitrage scheme to sink the Soviet economy.[citation needed] The numbers claimed exceed the GDP of the Soviet economy at the time,[citation needed] and the Soviet Ruble was a non-convertible currency.[citation needed] He was president of AmeriChina Global Management Group Inc.,[citation needed] an arms exporting firm based in Appleton, Wisconsin.[citation needed] In 1988, he attempted to sell thousands of Browning 9mm pistols to Panamanian leader Manuel Noriega.[1]
Wanta was arrested in Switzerland in 1993 for attempting to defraud a bank of 81 million dollars. He claimed to have diplomatic immunity as the ambassador of Somalia (which, at that time, had no functioning internationally-recognized government) to Canada[2]. He was deported to New York and then Wisconsin, on unrelated tax charges.[citation needed] In 1995, Wanta was convicted of tax evasion and sentenced to an eight-year prison term in the State of Wisconsin.[2] Wanta's lawyer claimed that his client was delusional,[citation needed] and really believed to be a secret agent of international central bankers, being disappeared at the behest of powerful figures.
In his book Tragedy of Russia's Reforms (USIP, 2001), Peter Reddaway states Wanta had some dealings with the government of President Boris Yeltsin. Reddaway also states in his book that Wanta was wanted for credit-card fraud by U.S. authorities.[3]
However, the following arguments have been put forward by Christopher Story, a former adviser to British Prime Minister Margaret Thatcher and one of Mr. Wanta's main supporters:
? Leo Wanta's illegal incarceration was commuted to house arrest and Mr Wanta was confined for many years in Wisconsin (not, as stated, in Switzerland). Although his confinement was illegal,[citation needed] he nevertheless adhered meticulously to its terms,[citation needed] in accordance with his ethical standards and reverence for the Rule of Law (notwithstanding that his treatment was always illegal).
? Suggestions that Mr Wanta committed offenses are completely inaccurate and without foundation. Everything he has done has been in accordance with his Presidential, Secret Service and other US official instructions.[citation needed] A comprehensive dossier revealing how the State of Wisconsin may have scammed Wanta,[citation needed] allegedly stealing both the payments that he managed to raise to pay illegally charged taxes that he did not owe, and how his assets were allegedly stolen as well, is in preparation.[citation needed]
? In July 2005, all illegally re-charged fines and imposts applied by Wisconsin were paid in full by a benefactor.[citation needed] As a direct consequence of this development, Mr Wanta satisfied the State's illegally imposed demands, and with effect from 14th November 2005, he was unconditionally discharged from Parole on the orders of a judge.[citation needed] The funds remitted to secure his release have, according to US legal sources, also been scammed, because – unsurprisingly – the State authorities, having allegedly misappropriated the earlier funds, found themselves in a very difficult situation, with reference to which column, so to speak, the illegally imposed further charges were to be booked. This and related matters are under close continuing scrutiny. However the benefactor’s payment procured Mr Wanta’s full discharge from his illegal house arrest and probation.[citation needed]
Much of the information on this page is blatant misrepresentation and highly inaccurate. It appears as purposeful misrepresentation by an interested party. Some information is very accurate but improperly supported. Court documents accessible to the general public are one record of some of what has gone on. Imprisonment in Switzerland for 128 days, solitary confinement and torture, are claimed by Wanta and not refuted. Claims on the internet of many trillions of dollars are obviously false. However, enough verifiable information exists to indicate extremely large amounts of money are "in question" and being sought by powerful public figures in the U.S. What is most likely is that the facts in this fascinating part of Cold War history may never be known.
Any examination of Wanta should include filings by his attorney, Jan Morton Heger.
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The stupid neither forgive nor forget; the naive forgive and forget; the wise forgive but do not forget.
– Thomas Szasz
Who is Ambassador Leo Wanta? If only half of what can be found about him (with little effort) is true, he should be a household name, investigated, interviewed, and "60-Minutes"-ized. Time and Newsweek would have dueling covers and Mike Wallace would be announcing his return. Most people have never heard of him, however, and the mainstream media are conspicuously avoiding him and what could be a huge story.
Wanta is a cacophony of questions.
According to multiple sources, Wanta is attempting to repatriate $4.5 trillion back into the U.S. economy. Yes, TRILLION. That is not a typo.
As of my writing this, our national debt was $8,532,356,592,155.72. That's $8 trillion, 532 billion, 356 million, 592 thousand, 155 dollars and 72 cents. The national debt [http://www.brillig.com/debt_clock] has continued to grow an average of $1.70 billion PER DAY since September 2005.
So, where did all these trillions of dollars allegedly come from? No thanks to the either lazy or complicit mainstream media, search engines provide a lot of data worth either reporting or debunking ... but the silence is deafening.
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I often note that "It is not a question of WHO is right or wrong but WHAT is right or wrong that counts." In researching the 慦anta trillions', several of the most prolific sources are admittedly on the Internet 慺ringe'. Many are gadflies and provocateurs.
However, there are also substantive, credible sources supporting the 慹ven a broken clock is right twice a day' axiom. Meanwhile the mainstream media (that spent months on the debunked Joe Wilson/Valerie Plame kerfuffle) haven't done 慗ack' about Wanta.
The International Currency Review's Christopher Story claims to have gotten the "ambassador of a major foreign power to deliver to every New York newspaper" his reports on the Wanta story. [http://www.worldreports.org/news/25_wanta_default_trigge] Reportedly, the New York Times, the Wall Street Journal et al. have the information and have chosen to ignore it. Why?
The International Currency Review reports: "On the assumption that, as originally planned, the 'win-win', above-board, taxable transactions had started up with effect from 1st July 2006, and that the US Treasury would have earned around $200 billion of windfall taxes per banking day from that date forward, we calculate that the Treasury has so far deprived itself of on-the-books windfall taxes amounting to an estimated $10.6 trillion (= 53 banking days @ $200 billion tax receipts per banking day)."
If true, THAT would wipe out our national debt AND put us in the black.
Two major U.S. law firms reportedly helped negotiate the significant settlement that constitutes only a portion of the $27 trillion offshore fund established at the end of the Cold War.
The New York Times or the Wall Street Journal could easily vet Wanta's story and either reduce it to the trash heap of Internet Urban Legends, OR launch an investigation that would make Enron look like a small yellow hole in a Montana snow bank.
Is the White House is getting pressure from foreign banks and heads of state to release the $4.5 trillion?
One source reports (in May 2006), "Wanta verbally agreed to the distribution of the $4.5 trillion with President Bush along with the assistance of one Foreign Intelligence Surveillance Court (FISA) court judge and two U.S. Supreme Court Justices."
Michael C. Cottrell, treasurer of the company formed specifically to distribute the money, claims the Chinese have already taken $5 trillion of the alleged $32 trillion they are owed. To paraphrase P.J. O'Rourke, "Giving $5 trillion to the Chicoms is like giving whiskey and the car keys to a teenage boy."
Wanta drops names (big names) the way a New York City pigeon decorates statues. If you subscribe to the 憇trangeness' of the 憇uspicious death lists' floating through cyberspace during the Clinton years, Wanta should top the lists for someone as a candidate for a 慼eart attack' or 慶ar accident'.
Some of the names Wanta references are dead (Vince Foster, Bill Casey). Many, however, are still around (President George H.W. Bush, Jim Baker).
I confess I don't know what I don't know. I also concede that some of the stuff surrounding the Wanta story doesn't pass the 憇mell test'. However, the lack of reportage on a story that potentially could be gargantuan fuels even more questions.
Geoff is an author and talk show host. He is a ninth-generation commissioned officer in the U.S. armed services, a former Green Beret, and a retired U.S. Army lieutenant colonel. Geoff hunts down the stories the rest of the media ignores and exposes them for public scrutiny. He is also editor of CalNews.com.