The next front in the “War on Terror” has been opened. The new battlefield is the courtroom, and the ground troops fighting the battle are the civil trial lawyers. The new primary target in this front is the financial industry.
On one side are plaintiff law firms representing American veterans and civilian contractors who have suffered injuries because of state-sponsored terrorist acts. One the other side are corporate trial lawyers who represent financial institutions such as HSBC, UBS and others that have aided and abetted those actions.
Before bombs can be planted and roadside explosives put into place, someone has to foot the bill – and that can’t happen without the co-operation of large banks and financial institutions that time and time again demonstrate that profits are more important than human life. In this three-part series, we will take an in-depth look at terrorist money laundering, how it is accomplished, and what actions are being taken to hold involved parties accountable.