A DC9 registered to a company which once used as its address the hanger of Huffman
Aviation, the flight school at the Venice, FL Airport which trained both terrorist
pilots who crashed planes into the World Trade Center, was caught in Campeche
by the Mexican military April 10th carrying 5.5 tons of cocaine destined for the
Beyond a few half-hearted stabs at pinning blame for the crime on ‘scapegoats
du jour’ like the FARC in Colombia or Hugo Chavez in Venezuela, authorities
in Mexico and the U.S. have had virtually nothing to say about the case.
In the more than three months since, the massive seizure has slipped into a
One of the chief shareholders in SkyWay Aircraft, the company
which owned the DC9 airliner (N900SA) seized in Mexico with 5.5 tons of cocaine
aboard, is a private investment bank in Dallas which also raised funds for a
Mexican industrialist with reported ties to a Cali and Juarez Cartel narcotics
trafficker, the MadCowMorningNews
An investigation into the circumstances surrounding the seizure of the DC9
airliner (dubbed “Cocaine One” for its paint job
and Seal designed to impersonate planes from the U.S. Dept. of Homeland Security)
has unearthed evidence which is beginning to pierce the heavy curtain behind
which the biggest taboo in the U.S. mainstream media has remained hidden: the
identities of the until-now anonymous American Drug Lords.
Meet the Masters of the Universe
What local officials blundered into at a remote airport in the farthest corner
of Mexico’s Yucatan may have earth-shaking reverberations felt around
the world… if the true story of what happened there becomes widely known...
The seizure in Ciudad del Carmen has exposed the links of a global narcotics
cartel that may be the most powerful political force on the planet.
Based on court documents, SEC filings, records of incorporation, and interviews
with eyewitnesses, the elements which comprise this global narcotics cartel—all
of which will be named and covered in this series—include the following:
Rogue U.S. defense contractor Titan Corp in San Diego; CIA
proprietary airlines; “fugitive” Saudi billionaires,
Gulf States Sheiks and financiers; the Israeli Mossad and right
wing Israeli political parties identified with Jewish settler interests; “retired”
officers of the CIA and U.S. military intelligence; Texas Republican
kingmakers and private investment banks; member of U.S. organized
Also... stock swindlers in Vancouver, Canada responsible for
multi-billion dollar financial fraud; officials from the party of Mexican
President Vicente Fox; Colombian and Mexican drug cartels; Florida
air charter companies which enjoy—as did the Florida aviation
companies associated with the terrorist hijackers—apparent official
immunity from prosecution; and Lebanese “industrialists”
in Mexico known to the Mexican press as the “Narco-Pederastas,”
for their penchant for molesting children, with apparent immunity from prosecution,
both boys and girls, as young as four.
Five ton shipments must be the the industry standard
Today’s story begins in Dallas, Texas...
As stated in the lead to this story, one of the chief shareholders in the company
which owned the DC9 airliner (N900SA) seized in Mexico with 5.5 tons of cocaine
aboard is a private investment bank in Dallas which also raised funds for a
Mexican industrialist who reportedly financed a narcotics trafficker linked
to both the Cali and Juarez Cartel.
In a major irony, the trafficker involved, Manuel Vicente Losada, was arrested
in Chile after being linked to another five ton cocaine shipment,
this one over the high seas.
Private investment bank Argyll
Equities LLC in Boerne, Texas, is part of The Argyll Group, headquartered
in La Jolla, CA., incorporated in Texas, Nevada,, and Delaware, whose undisclosed
principals are involved, according to their website, in “providing
creative financial solutions globally.”
One example of the firm’s creative financial solutions: According to
documents filed with the SEC in 2005, Argyll Equities LLC was paid to raise
a $17.0 million loan for Mexican industrialist Jose Serrano Segovia’s
shipping line, GRUPO TMM.
Santiago Times, an English language newspaper in Chile, reported on May
5, 1998 that Segovia “provided significant capital” to a “Chilean
narcotics trafficker" named Manuel Vicente Losada, arrested in the Chilean
capital of Santiago after being “linked to a shipment of five
tons of cocaine which U.S. drug enforcement officials in Miami intercepted
over six years ago on the vessel Harbour, as it headed toward Guantanamo Bay.”
“As it headed for… Guantanamo Bay?”
“In September 1997, Mexican newspaper El Universal de Mexico connected
Losada to the Juarez Cartel of Mexico, referring to him as "the Chilean
narcotics trafficker," the paper reported.
“Both Losada and Jose Serrano denied any connection to the Juarez Cartel.”
Drug trafficker Losada, said the paper, is a partner in some 30 shipping companies.
Jose Serrano Segovia owns shipping lines too, and until recently controlled
what used to be Mexico’s flagship airline, Mexicana. This would appear
to be an excellent example of what has been called the corporatization
of narcotics trafficking which began taking place during the late 1980’s,
while then-Vice President George H. W. Bush led the DEA’s task force in
Juan Serrano Segovia is one of a handful of Mexican “big corporate guns”
lucky enough to have been feted at a private dinner several years ago hosted
by Gov. Jeb Bush, leading a Florida trade mission to Mexico.
"The evening turned into a kind of let's-get-to-know-each-other-socially
affair." Joseph Lacher, BellSouth's Florida president, confided to The
Ask Baby Doc: Toxic waste is good business.
Was Argyll Equities LLC the victim of “dashed bad luck” in providing
funding for an operation which may be providing cover for something else? Other
recent examples of Argyll’s “creative financing globally”
provide at least a tentative answer...
Remember the infamous toxic garbage barge which circled the
world for more than two years in search of a country willing to accept its cargo
of toxic ash from a Philadelphia dump site? The barge, the Khian Sea, left the
territorial waters of the United States, went to the Bahamas, then to the Dominican
Republic, Honduras, Bermuda, Guinea Bissau, and the Netherlands Antilles. No
one would take it...
That is, until it got to Haiti. There, U.S.-backed dictator Baby Doc Duvalier
issued a permit for the "fertilizer," and 4,000 tons was dumped onto
the beach in the town of Gonalves.
Argyll Equities LLC provided funding to the man who owned the barge, one Louis
D. Paolino, who later, and perhaps understandably, tired of the garbage business,
and sold his company to Wayne Huizenga’s Waste Management
in Miami, which runs, news accounts demurely report, “much of New York's
extremely lucrative garbage industry.”
How unlucky can one private investment bank get?
Maybe somebody left it on the plane?
Mr. Huizenga, readers of “Welcome
to TERRORLAND” may recall, flew to the Naples, FL airport in his private
helicopter adorned with the symbol of the Miami Dolphins (he owned them at the
time) to have a private tête-à-tête on the runway with mysterious
financier Wallace J. Hilliard, the owner of Huffman Aviation
Alert readers will recall that during the same month, July of 2000, that Mohamed
Atta and Marwan Al-Shehhi arrived to attend his flight school, Hilliard’s
Lear jet was surrounded by DEA agents on the runway of Orlando Executive Airport.
They found 43 pounds of heroin onboard.
Argyll Equities is currently involved in a still-unexplained imbroglio which
may shed some light on this milieu which seems to attract such large quantities
to a federal indictment, the lucky company was the recipient of $9.7 million
dollars it didn't earn, in a “purported stock loan program operated
by Argyll Equities, L.L.C,” which resulted in criminal charges
earlier this year against three men.
“The complaint alleges the men made false statements to a hedge fund
operator so they could keep $25 million from the fund that was invested this
year with Nevada-based American Trade Industries, Inc., according to US
Attorney Patrick Fitzgerald and the US Secret Service in Chicago,”
the AP reported.
That's right. THAT Fitzgerald.
General Stroessner isn't dead. He's on vacation with
The men were accused of conspiring to perpetrate a $26 million dollar fraud
on the administrator of a private hedge fund in Lake Forest, IL, who turns out
to be mother of “Wedding Crashers” actor Vince
According to the indictment, one of the accused men, Richard E. Warren,
apprehended as he attempted to board a plane for London, told Sharon Vaughn
that he “had a special government clearance,” was “licensed
by USG to participate in secret trading programs.”
indicted was Frank L. Cowles Jr., who owns an Arabian horse farm near Washington
D.C., where he is referred to in news accounts as a “Virginia businessman,”
and who is married to the Ambassador to the U.S. of the tiny country of Paraguay,
Leila Teresa Rachid de Cowles.
Paraguay, in Latin America’s infamous triangle region, is suspected by
the State Dept. of “helping to finance Islamic terrorist groups”
through Lebanese traders in Ciudad del Este, a lawless border
town, called South America’s "contraband capital.”
Of anecdotal interest only—since a U.S. District Court judge in Chicago
recently dropped criminal charges against Cowles— is the fact that Ambassador
Rachid is among the five percent of Paraguay's inhabitants of Arab descent.
Her father was born in Homs, Syria; her mother is from Ba'albek, Lebanon.
"We used the shares for toilet paper... and still
made out like bandits."
Argyll Equities LLC is the second-largest shareholder in SkyWay,
according to bankruptcy filings, owning nearly 21 million shares of totally
worthless stock, which might be considered something of an investment
black eye, unless other undisclosed considerations were involved.
Last week we reported the discovery that SkyWay Aircraft had
been leasing a “repair” facility for more than $20,000 a month at
DFW Airport in Dallas—even though the company had nothing to repair—
from Richard Rainwater, called “George W. Bush’s
biggest supporter” and “the power behind the throne” in news
accounts during Bush’s first Presidential campaign.
New evidence unearthed since then has begun to fill in the picture of an operation
which boasted a bewildering international cast of characters, in San Diego,
Israel, Miami, Dallas, and in the case of two prominent principals, on
SkyWay Aircraft was not a real entity, in the sense of a corporation engaging
in commerce for profit. The now bankrupted-firm’s only utility was to
serve as a dummy front company which provided cover for the larger operation,
and as a vehicle to part innocent people from their investments.
Individuals involved in the operation have extensive and wide-ranging connections
to each other which clearly pre-date the brief life span of
the front company which ostensibly controlled the twin DC9 airliners.
"Cocaine, TOW Missiles, renditions... We're a
Since the MadCowMorningNews was successful last month in obtaining the FAA
registration records for “Cocaine One,” the accumulating evidence
has all pointed to a clear conclusion: the DC9 carrying 5.5 tons of cocaine
was a CIA plane which belongs to the Agency’s no-longer-totally-secret
Based at the Clearwater-St. Petersburg International Airport, both “Cocaine
One,” and its twin, a second DC9 (N120NE) were being used by an operation
which includes the former head of the CIA proprietary airline
used to ferry TOW missiles to the Ayatollah Khomeini’s regime in Iran,
as part of the Iran Contra Scandal.
Adnan Khashoggi lieutenant Ramy El-Batrawi, who supplied one of the two DC9’s,
is the former President of an admitted CIA subsidiary airline.
Jetborne International, a company supposedly owned by El-Batrawi’s
long-time boss, Saudi billionaire Adnan Khashoggi, folded after being indicted
for illegally ferrying TOW missiles to Iran, an “enterprise” which
netted someone—though not the U.S. Government or the Contras it was supposedly
funding—a tidy bit of change a U.S. Senate investigation estimated to
be $16 million dollars.
The Tower Commission Report into the Iran-Contra Scandal first
exposed Jetborne as a CIA proprietary. When it came time to begin shipping the
missiles, said the report, Oliver North had asked a CIA official for the name
of a “reliable” charter airline.
“CIA’s Air Branch suggested the use of a proprietary, the proprietary
was told to await a call, and “the airline was assured that the caller
(North) had sufficient funds for the charter,” stated the report.
The public commercial charter airline North called was Jetborne International.
By the time the firm was “outed” as a CIA airline, it had already
Six degrees of deviated septums
But none of this does anything to explain Ramy El-Batrawi and Adnan Khashoggi’s
other major connection with the founder of SkyWay Aircraft,
Miami attorney Michael Farkas. Their hidden connections may
reveal a larger, previously secret organization.
Last month the Securities and Exchange Commission charged Khashoggi and Ramy
Al Batrawi, his lieutenant for the past 20 years, with stock fraud in U.S. District
Court for Central California. Both men are both currently on the lam after being
accused of orchestrating a $130 million fraud, called the “Stockwalk case,”
involving the stock price of another firm headed by el-Batrawi called GenesisIntermedia.
GenesisIntermedia was incorporated by the long-time attorney
of the man once reckoned by the U.S. Government to be the biggest drug smuggler
in American history...CIA pilot Barry Seal.
Seal was assassinated in 1986 at the reported behest of then-Vice President
George Herbert Walker Bush, the father of our current President.
Hey. Is it a small world, or what?
How to make a billion dollars without hardly trying
Along with GenesisIntermedia, the stock of two other companies
was used to generate fraudulent loans in the Stockwalk scam.
One was a company called Holiday RV. Stores. The other was Imperial Credit Industries.
Michael Farkas is involved with both firms.
Holiday R.V. Stores was owned and controlled by Michael Farkas, through a holding
company he founded called Atlas Recreational Holdings.
Michael Farkas and Adnan Khashoggi were partners in a $300
million scam. It was called “the largest brokerage industry
failure in more than 30 years.”
Michael Farkas, is also on the board of Genesis Realty, founded by Ramy El-Batrawi,
a man who is clearly no piker when it comes to pilfering money from a public
His GenesisIntermedia exploits put Glenn and Brent Kovar’s
$40 million theft at SkyWay in the shade.
“Just three months after GenesisIntermedia’s Initial
Public Offering (IPO), the nearly $17 million raised in the offering was gone,”
read one wire service story.
“The creative dealings of defendant El-Batrawi partly explains how this
money disappeared so quickly,” reported the AP
Board meeting on Tuesday at the Spearmint Rhino
While we can detain ourselves only a moment longer with the colorful Stockwalk
Scandal, a brief mention of a few of the other stalwarts involved would include:
Kenneth D'Angelo, a New Jersey stock finder with a criminal and civil record
Richard Evangelista, an employee at a New Jersey brokerage and President of
Local 18 of the International Brotherhood of Teamsters; and Bradford Keiller,
a Las Vegas
Strip club entrepreneur with a tastefully named string of strip clubs in London,
Moscow, Las Vegas and Los Angeles, all called The Spearmint Rhino.
A recent headline about Keiller’s business in Las Vegas may have said
it all: "FULL FRONTAL BATTLE OF THE BOOBS AS THE WORLD'S GAMBLING
CAPITAL GOES BACK TO SLEAZE.”
Before leaving the ties between Michael Farkas and Ramy El-Batrawi and Adnan
Khashoggi, we discovered a story from the St Paul Pioneer Press (where the fraud
bankrupted one of that city’s biggest firms) that may help explain our
contention that what we are witnessing is the daily workaday transactions of
a very large but still-invisible organization:
“SEC filings show ties among Imperial, Holiday and Genesis,” reported
the Saint Paul Pioneer Press on April 22 2002.
The Israeli Connection, Pt. 1
“For example, El-Batrawi owns a private company called Genesis Diversified
Investments, which is an investor in a company called Aviation Group that in
2001 merged with a British Columbia company called Travelbyus.”
“Lee Sanders, the chairman of Travelbyus is a director of Holiday. Riley
is a former chief executive of Holiday and its largest shareholder. Riley also
is among the largest shareholders of Imperial.”
Michael Farkas’ connections to right wing Israeli political parties,
and to Israeli Mossad, have already been ably covered by others. Farkas was
listed in 2005 as president of Manhigut USA. This is the US branch of the Israeli
Manhigut Yehudit, involved in fundraising for the radical settlers who were
trying to resist the Gaza withdrawal.
Suffice it to say that he serves as the American representative of an ultra-nationalist
Zionist party in Israel; he is also the American sales agent for anti-missile
technology developed by Israel Aircraft Industries, and is a Director of spy
technology company CCS, along with individuals with histories so colorful that—were
we to start—we could go on about them all day.
Oh, maybe just one example: CCS International’s Latin American sales
manager, Menachem Cohen, who was convicted in 2002 for illegally exporting passive
phone interception equipment to individuals in Colombia conversant with the
Titan Corp was thinking ahead, Pt 1
CCS commercializes and brings to market trinkets said to have been invented
by innovative minds at the CIA and Israeli Mossad.
If you’re looking for sunglasses fitted with a fiber-optic video camera,
or have need of an umbrella that is bullet proof, a baseball cap that is strong
enough to repel a hatchet blow, or a surveillance microphone that looks for
all the world like a shirt button, Mr. Farkas and his partners can oblige.
Of particular interest for our purposes at least, is the early interest shown
in Mr. Farkas by The Titan Corporation, who made an early investment in his
obvious potential, in 2000.
SkyWay Aircraft was presumably still a gleam in Mr. Farkas’ eye when
Titan put up $72,386 for 1,113,627 restricted shares of the Company which became
Are they forward thinking, or what?
Bankruptcy is a state of mind
One unexpected discovery was that the narcotics trafficking is just one of the
lucrative criminal enterprises the enterprise is engaged in.
The registration records of the twin DC9’s involved in the operation
reveal that there is apparently something special about owning
of these particular planes...
You get a free pass to steal from unwary investors.
At least six of the companies associated with “Cocaine One” and
its twin airliner have been involved in massive fraud resulting in hundreds
of millions of dollars being swindled from innocent investors and shareholders.
SkyWay, Jetborne… even Mexican industrialist Juan Serrano Segovia’s
GRUPO TMM defaulted on $377 million in loans several months ago.
We will be keeping a running tally of companies associated with the operation
finding it necessary to declare bankruptcy…but only after being
stripped of anything not securely tied down.
"The only good Indians... are on our payroll"
Jack Abramoff played the Lone Ranger to a whole host of Indian casino
Tonto's. But this is just one of the many ways this secret organization
has recently used the special status of Native Americans.
In the StockWalk scam, which easily netted as much as Abramoff's
casino fraud, the firm used to perpetrate the fraud was native American-owned.
Called Native Nations Securities, it was the brainchild of a Hollywood actress
named Valerie Red-Horse. Ms. Red-Horse, the first Native American
to control a securities firm, may have been a little light in the bond-trading
business, but she learned financial fraud at the feet of the master...
"Red-Horse got her first exposure to Wall Street while a theater student
at UCLA," read one news account. "She went looking for part-time work
and was referred through the school's placement office to the Beverly Hills
office of Drexel Burnham Lambert, where she landed a job as an assistant to
junk-bond king Michael Milken."
Her bio says she's been in a movie called "Naturally Native."
She has guest-starred on "Babylon 5." She recently
starred in the acclaimed ABC made-for-television movie "The Secret
of Lizard Woman."
As an actress she is perhaps best known for serving as the model for Mattel's
Pocahontas doll. Probably not on her bio: She helped, or was
used, by some well-connected fraudsters steal over $300 million dollars.
Chief Bearskin & "the boys"
One more example will suffice, at least for now:
Express One International is one of the bankrupt firms which was also an owner
of the DC9's, a company whose colorful corporate history would make, we think,
an excellent episode of Babylon 5.
Express One International's look-alike DC9 was sold to Skyways/Royal Sons just
before they went bankrupt. Now they're back.
Today the president of Express One International is David Byers, at
whose flight school Mohamed Atta trained at the Charlotte County Airport,
according to Charlotte County Sheriff William Clements. t
The airline was founded by the notorious Kenneth Good, who got, with Neil
Bush's help, a cool hundred million in loans from Silverado Savings
which he never felt the need to repay. Taxpayers ended up footing the bill.
We don't imagine anyone's heard Neil Bush saying "thanks?"
The company issued a press release recently to announce their plans to assist
the Wyandotte Nation of Oklahoma in developing an aviation business called Bearskin
Aviation Service, hiring Bearskin to provide fleet and baggage handling
services at two Air Force bases in England.
"Chief Leaford Bearskin, leader of the Wyandotte Nation of Oklahoma, founded
Bearskin Aviation Service out of his love for aviation and
his vision that a well-run aviation company would provide revenue for Tribal
health and education programs," said the press release.
Only a cynic would quibble. Right?
Read from Looking Glass News
Search of the American Drug Lords
Homeland Security Rackets
Stonewalls Release of "Cocaine One" Records
Ton Cocaine Bust Reveals New Details of 9.11 Attack
Owners in 5.5 Ton Cocaine Bust Include Tom DeLay Appointee, "Royal Sons
of 5.5 Ton Coke Flight Deepens
Diego Defense Firm Titan Corp. Link to 5.5 Ton Cocaine Bust in Mexico