2008 was the Roman Catholic Church orchestrating a real estate scam to pay off their pedophile lawsuits with non-recourse loans they obtained from the Bank of Ireland thanks to their connections with the "father of globalisation" Peter Sutherland.
Ultimately, the US dioceses reneged on their loans after the real estate market collapsed, leaving the Bank of Ireland on the hook with real estate that was worth pennies on the dollar. The US taxpayers bailed out the Bank of Ireland, thus, indirectly, it was the US taxpayers who paid off the Roman Catholic Church's pedophile lawsuits...
Raffaello Follieri was the preordained fall guy.
An Italian con man man who romanced Anne Hathaway before spending 4-1/2 years in federal prison for fraud was knee-deep in the world of Bill and Hillary Clinton before his arrest and a catastrophic downfall, a new report reveals.
Raffaello Follieri, whom federal prosecutors sent to prison in 2008 for defrauding his backers, accepted a $50 million investment three years earlier from the Yucaipa Group, where Bill Clinton was the senior adviser.
While the money was earmarked for buying properties from the Roman Catholic Church and converting them into commercial developments, Follieri spent much of it on himself and Hathaway. He also claimed to be the Vatican's chief financial officer at one point.
Nope.
2008 was the Roman Catholic Church orchestrating a real estate scam to pay off their pedophile lawsuits with non-recourse loans they obtained from the Bank of Ireland thanks to their connections with the "father of globalisation" Peter Sutherland.
Ultimately, the US dioceses reneged on their loans after the real estate market collapsed, leaving the Bank of Ireland on the hook with real estate that was worth pennies on the dollar. The US taxpayers bailed out the Bank of Ireland, thus, indirectly, it was the US taxpayers who paid off the Roman Catholic Church's pedophile lawsuits...
Raffaello Follieri was the preordained fall guy.
https://newrepublic.com/article/114790/how-doug-band-drove-wedge-through-clinton-dynasty
Archived link - https://archive.ph/luEgF