The Working Group on Combating Corruption in Higher Echelons of Power of the Russian State Duma (parliament) issued a report last year in which Monte Friesner (Монте Морис Фризнер), Lawrence B. Heath (Лоренс Хиз) and their company Carlyle-Coutts Capital Corporation S.A. are accused of laundering massive amounts of stolen funds from the former Soviet Union.
The report, in Russian (bad translation here), was published on April 20, 2009, and describes massive theft of Russian gold, silver, funds, helicopters, trucks and all sorts of other goods and illegal activities, totaling billions of dollars, perpetrated on behalf of members of the Yeltsin family, Russian oligarchs, and their associates:
Former and present senior government officials and corrupt high-ranking law enforcement officials in the country have accumulated, both domestically and abroad, huge amounts of “shadow” assets, many times exceeding the budget of Russia, which is the main cause of the current financial and economic crisis in the country and enables them to at any time commit economic sabotage, to provoke a social explosion and the seizure of power, which threatens national security.
Over the past two decades, senior government officials including the so called Yeltsin “family”, under the guise of law enforcement officials, have stolen vast sums of money, gold, oil, steel, diamonds and other wealth, much of which was illegally exported from our country abroad and accumulated in various foreign banks in the accounts of front men. As a result of inaction of authorities and law enforcement, export of assets continues on a daily basis at a rate of 50 – 70 billion dollars a month. Only in December 2008, this criminal group attempted to take 4 trillion rubles out of the country.
All the following materials are soundly confirmed by the content of hundreds of criminal cases that are frozen in the SU(investigation dept), CS(investigation committee) of MIA, SC at the RF Prosecutor General’s Office, and the FSB of Russia, none of which have found a legal resolution, but objective information about them was deliberately hidden from senior management of the country and the public.
The document then continues to name a list of persons involved in the theft of billions worth of assets, including members of the Yeltsin family and members of the Russian oligarchy.
The robber barons used a myriad of techniques to get gold, silver and other assets as well as cash out of the country, some of it in conjunction with Chechen and Uzbek groups that would produce falsified documentation for that purpose.
The criminal activity was of such a big scale that it led to huge price rises in Russia in the nineties and the creation of massive debt with the IMF, according to the report, as IMF funds to prop up the economy were stolen as well.
One of the Russian front men, Zagrebelny, was in charge of stashing the loot in foreign bank accounts all over Europe, Asia and the Americas. And that's where Monte Friesner, Lawrence B. Heath and their Carlyle-Coutts Capital Corporation S.A. ṕop up in the report:
As ordered by his masters, Zagrebelny transferred the right to disperse the assets to other persons, in particular Ryazanov, Ephraim, Khairulin, Morozova E., Kozlov, Zakharov YF, Shakirov, Kuznetsova VM, Tokarev E. Gurkin V V, Kuzmin, Orloff, foreign nationals of Canada Monte Morris Friesner, Lawrence Heath, managers of Carlyle Coutts Capital Corporation SA, etc. All these activities of Zagrebelny and persons to whom he gave the right to receive credit, took place under the cover of the special services of Russia.
Ryazanov, after receiving documents from Zagrebelny, was cashing large sums of money – 300, 150 thousand U.S. dollars in European banks, and received money from Friesner – 845 thousand USD.
(In Russian: По указанию "хозяев" Загребельный, права на часть активов передал другим лицам, в частности Рязанову, Ефремову, Хайрулину, Морозову Е., Козлову, Захарову Ю.Ф., Шакирову Г., Кузнецову В.М., Токареву Е. Гуркину В.В., Кузьмину, Орлову, гражданам иностранных государств Канады Монте Морис Фризнеру, Лоренсу Хизу, руководителям Carlyle Coutts Capital Corpartion S.A. и др. Вся эта деятельность Загребельного и лиц, кому он передавал права на получение кредитов, постоянно находилась под прикрытием спецслужб РФ.
Рязанов после получение документов от Загребельного в банках Европы получал крупные денежные суммы по 300, 150 тыс. дол. США, а также получал деньги от Фризера 845 тыс. дол. США.")
Carlyle Coutts Capital Corporation S.A. is a Panamanian company incorporated in October 2005. Its president is Lawrence B. Heath. Company treasurer and secretary is Tatiana Viktorovna Nazarova, who was, according to the biography on one of Friesner's websites, born in "Tashkent, Uzbekistan on March 08, 1965 into a very reputable and established noble Russian Family, who are able to trace their roots to the noble families of ancient Russia".
She is also Monte Friesner's wife.
On the web, a myriad of websites is maintained, and on one of those the principals of Carlyle Coutts claim:
* In 1990 Colonel J. Douglas Crashely CD., and his partner of over 40 years Mr. Lawrence B. Heath QC., opened their offices in Geneva, Switzerland managed by Dr. Monte Friesner – Lawyer and working with them both since March of 1984.
* On January 4th, 2001, J. Douglas Crashley CD., and Lawrence B. Heath Q.C. undertook an innovative and major business venture and formed Carlyle Coutts Capital Corporation S.A. Carlyle Coutts Capital Corporation S.A. specializes in various credit facilities, asset management, venture capital, joint ventures, and an assortment of creative financial procedures. Dr. Monte Friesner appointed as Senior Corporate Counsel
* In May of 2004 Carlyle Coutts Capital Corporation S.A., and many of the subsidiaries opened up the Head Office in the Republic of Panama and managed by Dr. Monte Friesner and Ms. Tatiana Viktorovna Nazarova – Treasurer & Secretary of Carlyle Coutts Capital Corporation S.A. and Financiera Pronto Cash S.A.
* For the past years Colonel J. Douglas Crashley, Mr. Lawrence B. Heath QC and Carlyle Coutts Capital Corporation SA have been appointed, as Special Financial Advisors to numerous countries around the world and including major corporations, in which several Secured Capital Asset Portfolios and Creative Financing Portfolios have been structured.
As we pointed out here previously, the indefatigable Colonel Crashley has for those past years, notwithstanding what Friesner continues to claim, been soundly dead. He died in 2003. In none of the Canadian corporate registries we could find a trace of a Carlyle Coutts Capital Corporation S.A. In other words, if Friesner and Heath were involved in the laundering of stolen Russian assets before 2005, it was not through Carlyle Coutts Capital Corporation S.A. but using some other corporate structure.
Friesner appears indeed to have spent time in Geneva, Switzerland. There are records of him getting qin legal trouble for assault of an Iranian born Canadian woman while in Geneva, one Mrs. Hancock.
Meanwhile, the gang of Russian criminals even stole a billion dollars that were meant to dismantle the old Soviet arsenal of chemical weapons and laundered the funds through its Western accomplices. The report contains a vast number of sordid tales about criminal investigations mysteriously being stalled, witnesses silenced, murders and assassinations - and even the death of American businessman Paul Tatum.
So, what did Monte Friesner, Tatiana Nazarova and Lawrence Heath do with the money?
In the course of our investigations, we stumbled upon another investigative report, which outlines the dealings and connections in Toronto, Panama and Colombia of various (former) Russian individuals with whom Friesner has done or intended to do business. The finance network as sketched in the two pictures below (click for bigger) is still subject to further analysis.
PROTECTION IN PANAMA AND FAKE DIPLOMATS
Monte Friesner, his wife Tatiana Nazarova and the elusive Mr. Lawrence Heath appear to enjoy political and other protection in Panama. There is of course the ever-present Don Winner, in his habitual role of promoting Friesner's endeavors on his scam promotion website. But more importantly, there is the law firm Young & Blandón, of lawyer Herbert Young and well-known legislator José Blandón of the ruling Panameñista party.
Herbert Young is the registered agent of Carlyle Coutts Capital Corporation S.A., as well as of Financiera Pronto Cash S.A., One World Financial Solutions S.A. and the Swiss Hannover Real Estate corporations - all of which are managed by the same cast of characters. Moreover, Young's wife is president of Swiss Hannover, while working at the Banco Nacional de Panamá. And to top it off, according to president Tatiana Nazarova, Herbert Young is also a shareholder of Financiera Pronto Cash S.A. (which, by the way, has filed a civil suit against this journalist for $1 million for revealing that MasterCard was investigating Pronto Cash). As per its own literature on the web quoted above, Financiera Pronto Cash is closely linked to Carlyle Coutts Capital Corporation S.A. that is accused in the report of the anti-corruption group of the Russian Duma as a conduit for stolen funds.
In short: all the aforementioned companies share the same office address, the same staff, the same board of directors, the same registered agent, the same phone numbers.
Herbert Young is also involved as the founder and registered agent in something called the Societé Core Diplomatique Foundation, which is some sort of wacky fake diplomatic club started in 2008 and which Friesner uses to pass himself off as a diplomat. The public registry lists the same characters mentioned above as its principals, plus a number of individuals from Slovenia, part of former Yugoslavia.
Legislator José Blandón meanwhile, on his Facebook page, denied any knowledge of the shady business ventures of his partner Herbert Young. If that were true, Blandón would know more about the garbage in the municipality of Panama City than about what goes on in his own law firm - something we find a bit hard to believe. Yet his staunch denial is hardly surprising after reading about the massive corruption and vast amounts of money involved in this case.
The report of the Russian Duma urges president Dmitry Medvedev to finally have the wholesale looting and corruption investigated. Maybe in Panama, president Martinelli can offer a helping hand.