Thursday, May 30, 2013

Feds in NY: Costa Rica money biz a hub for crooks

A woman walks towards the entrance to Residencial Las Terrazas in the mountains near Santa Ana, Costa Rica, Tuesday, May 28, 2013. Costa Rican police raided one of residences of Las Terrazas as well as two other homes and five businesses related to Liberty Reserve and seized papers and digital documents that will be turned over to U.S. authorities. Costa Rican police said in a statement that Liberty Reserve founder Arthur Bodovsky, who became a Costa Rica national after giving up his U.S. citizenship, was arrested in Spain last week on money laundering charges, and that several properties linked to his company had been raided. (AP Photo/Enrique Martinez)

A woman walks towards the entrance to Residencial Las Terrazas in the mountains near Santa Ana, Costa Rica, Tuesday, May 28, 2013. Costa Rican police raided one of residences of Las Terrazas as well as two other homes and five businesses related to Liberty Reserve and seized papers and digital documents that will be turned over to U.S. authorities. Costa Rican police said in a statement that Liberty Reserve founder Arthur Bodovsky, who became a Costa Rica national after giving up his U.S. citizenship, was arrested in Spain last week on money laundering charges, and that several properties linked to his company had been raided. (AP Photo/Enrique Martinez)

A car drives past the Forum Business Center where two of the businesses linked to Liberty Reserve; Silverhand Solutions and Technology, and Cyberfuel.com, are located, near Pozos de Santa Ana, 20 kms north-west of San Jose, Costa Rica, Tuesday, May 28, 2013. Costa Rican police raided raided three homes and five businesses related to Liberty Reserve and seized papers and digital documents that will be turned over to U.S. authorities. Costa Rican police said in a statement that Liberty Reserve founder Arthur Bodovsky, who became a Costa Rica national after giving up his U.S. citizenship, was arrested in Spain last Friday on money laundering charges, and that several properties linked to his company had been raided. (AP Photo/Enrique Martinez)

Mythili Raman, left, Acting Assistant Attorney General for the Criminal Division of the Dept. of Justice, accompanied by Preet Bharara, U.S. Attorney for the Southern District of New York, addresses a news conference, in New York, Tuesday, May 28, 2013. Arthur Budovsky,the founder of Liberty Reserve,an online currency transfer business, was indicted in the United States along with six other people in a $6 billion money-laundering scheme described as "staggering" in its scope, authorities said Tuesday. (AP Photo/Richard Drew)

Preet Bharara, U.S. Attorney for the Southern District of New York, addresses a news conference, in New York, Tuesday, May 28, 2013. Arthur Budovsky,the founder of Liberty Reserve, was indicted in the United States along with six other people in a $6 billion money-laundering scheme described as "staggering" in its scope, authorities said Tuesday. (AP Photo/Richard Drew)

Mythili Raman, Acting Assistant Attorney General for the Criminal Division of the Dept. of Justice, addresses a news conference, in New York, Tuesday, May 28, 2013. Arthur Budovsky,the founder of Liberty Reserve, was indicted in the United States along with six other people in a $6 billion money-laundering scheme described as "staggering" in its scope, authorities said Tuesday.(AP Photo/Richard Drew)

(AP) ? When an undercover agent posing as a new client sought to register at the currency transfer firm Liberty Reserve as "Joe Bogus" from "123 Fake Main Street" in "Completely Made Up City," no one at the company based in Costa Rica objected.

The same client recording digital currency transactions as "ATM skimming work" and "for the cocaine"? Still no problem.

In fact, federal prosecutors in Manhattan say anonymity and criminality were what Liberty Reserve was all about.

"The only liberty that Liberty Reserve gave many of its users was the freedom to commit crimes, as it became a popular hub for fraudsters, hackers, and traffickers," U.S. Attorney Preet Bharara said Tuesday in announcing charges against seven people in a $6 billion scheme that he billed as possibly the largest money-laundering scheme even seen in the United States.

"The coin of the realm ... was anonymity ? multiple layers of anonymity," he added. "As alleged, Liberty Reserve was deliberately structured and operated in a way to help other criminals remain anonymous, untraceable and untouchable."

U.S. officials said the enterprise was staggering in scope: Over roughly seven years, Liberty Reserve processed 55 million illicit transactions worldwide for 1 million users, including 200,000 in the U.S. The network charged a 1 percent fee on transactions through "exchangers" ? middlemen who converted actual currency into virtual funds and then back into cash.

In the indictment, prosecutors called Liberty Reserve "one of the principal means by which cyber criminals around the world distribute, store and launder proceeds of their illegal activity ... including credit card fraud, identity theft, investment fraud, computer hacking, child pornography and narcotics trafficking."

Alleged founder Arthur Budovsky ? an American who renounced his U.S. citizenship after deciding to set up in Costa Rica ? and another defendant, identified as Azzeddine el Amine, were arrested Friday at a Madrid airport while trying to return to Costa Rica, according to a Spanish court official, who spoke on condition of anonymity because court policy forbids him from speaking on the record. They were ordered jailed while they await a hearing on extradition to the U.S.

Two other men were arrested last week in New York City, including Liberty Reserve co-founder Vladimir Kats. There was no public record of their arraignment on Friday night, and there was no immediate response to phone messages left Tuesday with their attorneys.

Of the remaining defendants, one was in custody in Costa Rica and two were at large there.

Budovsky, 39, and Kats, 41, have previous convictions on state charges related to an unlicensed money-transmitting business, according to court papers. After that case, the pair decided to move their operation to Costa Rica, the papers said.

In an online chat captured by law enforcement, Kats admitted Liberty Reserve was illegal and noted that authorities in the United States knew it was "a money-laundering operation that hackers use."

Liberty Reserve appears to have played an important role in laundering proceeds from the recent theft of some $45 million from two Middle Eastern banks, according to documents made public by U.S. authorities earlier this month. In that scheme, thieves stole debit card information and then used it to drain cash from thousands of ATMs around the world in a matter of hours.

As part of the Liberty Reserve investigation, authorities raided 14 locations in Panama, Switzerland, the U.S., Sweden and Costa Rica. In Costa Rica, investigators recovered five luxury cars, including three Rolls-Royces. Bharara said authorities also seized Liberty's computer servers in Costa Rica and Switzerland.

The businesses that were raided in Costa Rica on Friday as part of the investigation into Liberty Reserve are dedicated to Web hosting services, website development and Internet business consulting.

In Costa Rica, all online businesses are legal and there aren't any laws regulating them, so the country has been attracting entrepreneurs setting up Internet-based companies that do everything from e-commerce to gambling banned in other countries.

___

Associated Press writers Raphael Satter in London, Alan Clendenning and Jorge Sainz in Madrid, and Javier Cordoba in San Jose, Costa Rica, also contributed to this report.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/495d344a0d10421e9baa8ee77029cfbd/Article_2013-05-29-Costa%20Rica-Digital%20Currency/id-74f8ea65496c4a3db930679c2057ba1f

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Wednesday, May 29, 2013

Nordic diet lowers cholesterol, study finds

May 29, 2013 ? A healthy Nordic diet lowers cholesterol levels, and therefore the risk of cardiovascular disease, a pan-Nordic study where Lund University participated has found. There was also decreased inflammation associated with pre-diabetes.

- The subjects who ate a Nordic diet had lower levels of harmful LDL cholesterol and higher levels of "good" HDL cholesterol. The amount of harmful fat particles in the blood also declined, says Lieselotte Cloetens, a biomedical nutrition researcher at Lund University.

The 'healthy Nordic diet' used in the study contains local produce such as berries, root vegetables, legumes, and cabbage. Nuts, game, poultry and fish are also included, as well as whole grains, rapeseed oil and low-fat dairy products. The rest of the group ate butter instead of rapeseed oil, less berries and vegetables, and had no rules on red meat or white bread intake.

The researchers now want to focus on the diet's ability to maintain weight loss in a new study, according to Lieselotte Cloetens, who points out that the problem with most diets is maintaining the results.

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The above story is reprinted from materials provided by Lund University.

Note: Materials may be edited for content and length. For further information, please contact the source cited above.


Journal Reference:

  1. M. Uusitupa, K. Hermansen, M. J. Savolainen, U. Schwab, M. Kolehmainen, L. Brader, L. S. Mortensen, L. Cloetens, A. Johansson-Persson, G. ?nning, M. Landin-Olsson, K.-H. Herzig, J. Hukkanen, F. Rosqvist, D. Iggman, J. Paananen, K. J. Pulkki, M. Siloaho, L. Dragsted, T. Barri, K. Overvad, K. E. Bach Knudsen, M. S. Hedemann, P. Arner, I. Dahlman, G. I. A. Borge, P. Baardseth, S. M. Ulven, I. Gunnarsdottir, S. J?nsd?ttir, I. Thorsdottir, M. Ore?i?, K. S. Poutanen, U. Ris?rus, B. ?kesson. Effects of an isocaloric healthy Nordic diet on insulin sensitivity, lipid profile and inflammation markers in metabolic syndrome - a randomized study (SYSDIET). Journal of Internal Medicine, 2013; DOI: 10.1111/joim.12044

Note: If no author is given, the source is cited instead.

Source: http://feeds.sciencedaily.com/~r/sciencedaily/health_medicine/nutrition/~3/H5swsViQosI/130529101512.htm

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Marco Rubio Latest to Bash 'Obamacare' With IRS Scandal (ABC News)

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    Share/Discuss this article:
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    Share/Discuss this article:
    Post this article on Digg Digg Post this article on Twitter twitter Post this article on Facebook Facebook Post this article on del.icio.us del.icio.us Post this article on MySpace MySpace Comment on this Article Comments
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    Rugby is a team sport which has its roots in the United Kingdom. In this sport the players run with ball in hands. Rugby ball is an oval- shaped ball. H- Shaped goal posts are made on both the sides ?
    Author: John Wright
    Share/Discuss this article:
    Post this article on Digg Digg Post this article on Twitter twitter Post this article on Facebook Facebook Post this article on del.icio.us del.icio.us Post this article on MySpace MySpace Comment on this Article Comments

    Page 1 of 482

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  • Softball Tips: Take Your Injuries Seriously
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    Author: Marc Dagenais
    Share/Discuss this article:
    Post this article on Digg Digg Post this article on Twitter twitter Post this article on Facebook Facebook Post this article on del.icio.us del.icio.us Post this article on MySpace MySpace Comment on this Article Comments
  • Important Aspects To Consider While Choosing Perfect Squash Racquets- Weight
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    Author: Geoff Batterham
    Share/Discuss this article:
    Post this article on Digg Digg Post this article on Twitter twitter Post this article on Facebook Facebook Post this article on del.icio.us del.icio.us Post this article on MySpace MySpace Comment on this Article Comments
  • What is the best way to keep my bike from being stolen?
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    Share/Discuss this article:
    Post this article on Digg Digg Post this article on Twitter twitter Post this article on Facebook Facebook Post this article on del.icio.us del.icio.us Post this article on MySpace MySpace Comment on this Article Comments
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    Rugby is a team sport which has its roots in the United Kingdom. In this sport the players run with ball in hands. Rugby ball is an oval- shaped ball. H- Shaped goal posts are made on both the sides ?
    Author: John Wright
    Share/Discuss this article:
    Post this article on Digg Digg Post this article on Twitter twitter Post this article on Facebook Facebook Post this article on del.icio.us del.icio.us Post this article on MySpace MySpace Comment on this Article Comments

    Page 1 of 482

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  • Important Aspects To Consider While Choosing Perfect Squash Racquets- Weight
    The perfect squash racquet can make or break your squash game, aspects like grip size, head size, string tension, racket swing and flex all facilitate to discover which type of squash racquet will of?
    Author: Geoff Batterham
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  • What is the best way to keep my bike from being stolen?
    The best way to protect your bicycle is: ?Have more security on your bike than the bike it's parked next to.? Looking at many different locks that are available, most do the basic securing of a bike?
    Author: Gord Anten
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  • An Introduction to Rugby Kits
    Rugby is a team sport which has its roots in the United Kingdom. In this sport the players run with ball in hands. Rugby ball is an oval- shaped ball. H- Shaped goal posts are made on both the sides ?
    Author: John Wright
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    Page 1 of 482

    make money with your web site
  • What is the best way to keep my bike from being stolen?
    The best way to protect your bicycle is: ?Have more security on your bike than the bike it's parked next to.? Looking at many different locks that are available, most do the basic securing of a bike?
    Author: Gord Anten
    Share/Discuss this article:
    Post this article on Digg Digg Post this article on Twitter twitter Post this article on Facebook Facebook Post this article on del.icio.us del.icio.us Post this article on MySpace MySpace Comment on this Article Comments
  • An Introduction to Rugby Kits
    Rugby is a team sport which has its roots in the United Kingdom. In this sport the players run with ball in hands. Rugby ball is an oval- shaped ball. H- Shaped goal posts are made on both the sides ?
    Author: John Wright
    Share/Discuss this article:
    Post this article on Digg Digg Post this article on Twitter twitter Post this article on Facebook Facebook Post this article on del.icio.us del.icio.us Post this article on MySpace MySpace Comment on this Article Comments

    Page 1 of 482

    make money with your web site
  • An Introduction to Rugby Kits
    Rugby is a team sport which has its roots in the United Kingdom. In this sport the players run with ball in hands. Rugby ball is an oval- shaped ball. H- Shaped goal posts are made on both the sides ?
    Author: John Wright
    Share/Discuss this article:
    Post this article on Digg Digg Post this article on Twitter twitter Post this article on Facebook Facebook Post this article on del.icio.us del.icio.us Post this article on MySpace MySpace Comment on this Article Comments

    Page 1 of 482

    make money with your web site

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