DAVID Young's Newsroom Panama published a story on October 31st titled "Reporting of wire transfers from US leading to spike in bulk cash smuggling". The story is bylined to Monte Friesner. Initially the byline included that Friesner was a "Crime Consultant for Wanted SA", but after your Bananama Republic pointed out that Wanted SA does in reality not exist, Young first took the article down and then put it up again with a different byline.
However, it turns out that the article was not written by Friesner at all, but plagiarized from a story by Kenneth Rijock on the World Check website and then backdated.
In other words, Newsroom Panama is publishing stolen content.
That of course shouldn't come as a surprise given the fact that the "author", Monte Friesner, is a fraud artist with a criminal record from here to Toronto, or, as the Ontario Securities Commission once put it (PDF OSC):
 Friesner has a criminal record. In 1966 he received a suspended sentence and nine months probation for possession of property obtained by crime. He failed to comply with probation. In 1969 he was sentenced to two years less a day for uttering a forged document in attempted fraud. He was convicted of other offences, namely common assault, arson, assault causing bodily harm, theft over $200, on various occasions up to 1986.
 In 1993 he was indicted in the United States District Court for the District of Oklahoma on 21 counts relating to advising a scheme and artifice to defraud, and to obtain money by means of false and fraudulent pretences, representations and promises, from various individuals and businesses who were seeking multi-million dollar commercial loans.
 It was part of the scheme and artifice to defraud that Friesner would represent that he could obtain for the individuals and businesses sufficient collateral for them to obtain multi-million dollar loans sought by them. Friesner would represent to clients that for performing his services he would not require an advance fee but instead would obtain his commission when the loan was closed by charging a fee of 1/8 of one per cent of the completed loan amount. Furthermore, Friesner would falsely represent to clients that some international bank or financial institution (which varied from victim to victim) had been contacted and was ready to provide the letter of credit or other collateral necessary for clients’ multi-million dollar loans, but that the bank or financial institution required a fee – usually US$250,000 – before the confirmation of the letter of credit or other collateral could be provided by the bank.
 In 1994, based on the convictions, Friesner was sentenced to seven years imprisonment and ordered to pay a restitution sum based on his ability to pay but not in the full amount of the loss of clients, estimated to be approximately US$1,250,000.
David Young is a British journalist old enough to be a board member on one of Friesner's outfits. Checking facts and vetting contributions to his online rag is apparently not his strongest point. Furthermore, Young refused to disclose on his website who Friesner is - basically allowing a convicted con man to be a financial columnist on Newsroom Panama.
Worse, even: Friesner's Pronto Cash debit card scheme is a prominent advertiser on the Newsroom Panama front page; which adds yet another undisclosed conflict of interest to Young's already shady mix.
Now that it has become clear that the article was in fact plagiarized from another source, we wonder how long this charade is going to continue?