California Law Offices of Tom Easton & Jonathan Levy
For Immediate Release
May 19, 2002
The Vatican, which has long claimed immunity to lawsuits, is now facing
claimants seeking more than $1 billion.
Insurance commissioners from Mississippi, Missouri, Tennessee, Okalahoma,
and Arkansas have joined Holocaust victims and victims of pedophile
priests in filing lawsuits against the Vatican and Vatican Bank. The
Insurance commissioners are seeking over $600 million in a RICO (Anti
Racketeering) lawsuit that has named several top Cardinals including
two former Papal Nuncios to the United States and the Vatican Secretary
of State, Cardinal Sodano, as co-conspirators with convicted financier
Martin Frankel in an unsuccessful attempt to launder an incredible
$150 billion in insurance assets.
Frankel who has plead guilty to 20 counts of wire fraud and one count
each of securities fraud, racketeering, racketeering conspiracy and
a forfeiture charge has been cooperating with the government in retrieving
$200 million in missing insurance assets. Frankel faces 150 years in
prison and will be sentenced next year. Vatican officials allegedly
received pay offs from Frankel and his
associates in exchange for use of a Vatican operated charity as a money
laundering conduit. A Vatican monsignor, Colagiavanni, who also is
facing racketeering charges, assisted Frankel in taking over unsuspecting
insurance companies. Cardinal Laghi, former Vatican Nuncio to the USA,
received $100,000 from Frankel. The Vatican Bank, which is controlled
by Cardinal Sodano, issued a key letter of credit that Frankel used
in his insurance schemes.
The Vatican's legal problems in the US first arose in November 1999
when California attorneys Tom Easton and Jonathan Levy filed a class
action lawsuit seeking return of gold and funds looted from Yugoslavia
during WWII and laundered by the Vatican bank post war. The wartime
treasure is valued at several hundreds of millions. Earlier this year
sexual abuse victims in the US sued the Vatican and now the insurance
commissioners are seeking restitution and penalties of over $600 million.
All the lawsuits are pending. According to co-counsel in the WWII case,
Jonathan Levy, all the cases have an excellent chance of beating Vatican
immunity defenses: "The Vatican used up its goodwill long ago,
it has violated too many international laws and laundered too much
money for anyone to believe its wholesale denials anymore. They stand
to lose more than a billion dollars due to a lifestyle of crime and
corruption by their top officials."
For more information see:
will war against the Lamb, and the Lamb (Hebrew
Messiah, Yahshua, not the Catholic Jesus) will
overcome them, for he is Lord of lords, and King of kings. They also will
overcome who are with him, the "Called and Chosen and Faithful."
15 He said to me, "The waters which you saw, where the prostitute
sits, are peoples, multitudes, nations, and languages.
16 The ten horns which you saw, and the beast, these will hate (turn
prostitute, and will make her desolate and naked, and will eat her
flesh, and will burn her utterly with fire.
17 For Yahweh has put in their hearts to do what he has in mind, and
to come to unity of mind, and to give their kingdom to the beast, until
the words of Yahweh should be accomplished.
18 The woman (prostitute
and mother of harlots - religions and followers) whom
you saw is the great (Vatican) city,
which reigns (has
the kings of the earth."