BEIJING, China (WMR)—Shortly after WMR’s report appeared on Mitt Romney’s campaign benefiting from non-tax declarable private “winnings” from U.S.-owned casinos in Macau, a variation of the Las Vegas “skim” used by Italian mobsters to shave five percent off pre-tax profits from Las Vegas casinos during the 1960s, top expatriate Republicans held a Romney fundraiser at Hong Kong’s Mandarin Oriental hotel.
Romney has been extremely critical of China’s trade and monetary policies even though his Bain Capital firm has reaped substantial profits from its China ventures that mostly involved the outsourcing of American jobs to China. However, Romney’s criticism of China has not dampened his support from the Hong Kong chapter of Republicans Abroad who were expected to rake in an “official” $385,000 in contributions from Republican businessmen based in Hong Kong, Macau, and southern China’s Guangzhou and Shenzen.
U.S. House of Representatives Majority Whip Rep. Kevin McCarthy of California was due to appear at the Hong Kong event that planned to draw a small number of American businessmen from Hong Kong investment and hedge fund firms, as well as banks.
One the same day that Republicans Abroad held the fundraiser for Romney, the group also sponsored a “Republicans Abroad Absentee Voter Registration Assistance” seminar at the American Club in Hong Kong.
Republicans Abroad Hong Kong is run by Ross Feingold (not to be confused with the former U.S. Democratic senator from Wisconsin whose name is Russ Feingold). Feingold is, according to our Hong Kong intelligence sources, close to Sands China owner Sheldon Adelson, who has pumped $24 million into the campaigns of Romney and other Republicans.
As we reported in our earlier story, there are no provisions for expatriate American high-stakes VIP winners at casinos in Macau to declare their winnings to the Internal Revenue Service or any other tax regime. There are also no provisions to prevent the Macau winning skim to be funneled into the Romney campaign. WMR’s intelligence sources in Hong Kong report that such transfers into the Romney campaign are being conducted with the help of Central Intelligence Agency personnel who work under non-official cover for Hong Kong-based international banks, including one large Dutch financial institution.
The foreign money skim into the Romney campaign is also assisted by members of the Church of Jesus Christ of Latter Day Saints (the Mormons), who maintain a large presence in Hong Kong. There is also a Mormon presence in Macau but a WMR visit to the church there revealed a storefront operation where the local staff appeared to be a brainwashed collection of Americans and Macanese. The Romney campaign also has help from another cult active in Hong Kong, the Unification Church of the late “Reverend” Sun Myung Moon. Hong Kong serves as the base of operations for the Unification Church’s “National Messiah for China.”
Although their numbers in Macau are small, WMR has learned that the Mormons have members who conveniently work for the Macau Commission Against Corruption. The commission is tasked with preventing corrupt business practices in Macau, including the funneling of illegally-acquired money from Macau casinos into the Romney campaign.
Adelson, who is a major supporter of the Binyamin Netanyahu government in Israel, has a virtual security force in southern China to ward off anyone who might want to delve a bit too deep into the laundering of casino money from Macau into surrounding regions. The Israeli Consulate General in Guangzhou (the former Canton) reportedly maintains several safe houses in southern China and coordinates its activities with the Israeli Consulate General in Hong Kong. At least one of the safe houses in the Guangzhou area is a sizable weapons cache. The Israelis shipped the weapons into China before the 2008 Beijing Summer Olympics, after Beijing authorities were convinced that security for Israeli athletes could only be guaranteed by Israeli security agents. However, the weapons never left China when the Israeli security agents departed. Armed Israeli Mossad and other Israelis operate in southern China as an enforcement arm for Israeli smugglers and other criminal syndicates active in the region.
Wayne Madsen is a Washington, DC-based investigative journalist and nationally-distributed columnist. He is the editor and publisher of the Wayne Madsen Report (subscription required).