Thursday, December 22, 2011

The Real Lord of War

One of my favorite movies is "Lord of War," starring Nicolas Cage and Bridgette Moynihan.  It is a semifictionalized account of a Russian/Ukrainian arms dealer who makes a fortune selling arms to various 3rd world dictators and hot conflicts all over the world.  It is a great film and one that is highly recommended.

     But, it is not fiction.  "Lord of War" is based on the real-life story of Viktor But (pronounced "boot"), born in the Former Soviet Union who rose through the ranks of the Soviet army and GRU (military intelligence/special forces) and, according to some stories, the KGB as well.  Viktor But was for many years the most infamous arms dealer on the planet.  He indeed provided arms to both sides in a conflict and, according to some estimates, is responsible for killing more human beings on this planet since Chinggis Khan (But did not kill them directly, of course, but the arms he sold made him indirectly responsible for these deaths).

     Viktor But is now serving hard time in a Federal detention center and will not be getting out anytime soon. But, his story is worth telling, not only for the arms dealing but also for the fraud and white collar crime that was needed to fund his operations.  We will briefly discuss But's arms career, but spend more time (of course) talking about the fraud that But used to "earn" and launder his money.


NOTE: THE INFORMATION IN THIS BLOG IS NOT LEGAL ADVICE NOR IS IT INTENDED TO BE LEGAL ADVICE.  IF THE READER HAS ANY LEGAL QUESTIONS, PLEASE REFER TO AN ATTORNEY.

Have a great and fraud-free day.


----------à>>>>>>>>>>>>>>>gene tausk

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