Vatican Lawsuit Liability
Exceeds $1 Billion in USA Courts


California Law Offices of Tom Easton & Jonathan Levy
Contact:
Jonathan Levy
Tel. 513-528-0586
Jlevy1@cinci.rr.com

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:
http://www.vaticanbankclaims.com/press.html
http://www.vaticanbankclaims.com/links.html


Revelation 17:14-18
14 These 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 against) the 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 influence) over the kings of the earth."




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