1. Western Mining: Dollars Light up Panji Suharto’s View of the World

    Businessman Panji Suharto, the grandson of Indonesia’s President Suharto, is adviser to listed Australian company Western Mining Network, which owns graphite deposits in Indonesia. They have the backing of one of America’s richest families: the Schwab family, America’s 200th richest, with an estimated wealth of $US6.8 billion, already has a share in the company. We hear a Silicon Valley family has taken a second large …

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  2. Schwab Founder Can’t Escape $25M Real Estate Fraud Suit with Plaintiff, Nicholas Behunin

    A California judge on Friday, September 4, 2015 denied Charles Schwab Corp. founder Charles Schwab’s attempt to get out of a lawsuit alleging he was involved in fraudulent business dealings involving the family of corrupt dictator General Suharto of Indonesia.

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  3. Nicholas Behunin Files Anti-SLAPP Against Charles Schwab

    Nicholas Behunin filed an Anti-SLAPP motion against Charles Schwab. The Anti-SLAPP is being filed in response to the defamation lawsuit filed by Charles Schwab in order to silence Behunin and keep damaging evidence out of the public eye.

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  4. Does This Schwab Charity Satisfy the IRS Perfume Test? (The Huffington Post)

    At some point in time, Schwab’s son Michael came to know Tommy Suharto, son of the late Indonesian President Suharto. The latter made an art of manipulating the powers of the Indonesian government to enrich his family.

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  5. Suharto’s legacy of development and corruption (New York Times)

    Corruption was pervasive. It was also blatant. Suharto’s six children, other relatives and his business friends were granted state monopolies over commodity sales, exclusive supply contracts and special tax breaks.

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  6. The family firm (TIME)

    A TIME investigation into the wealth of Indonesia’s Suharto and his children uncovers a $15 billion fortune in cash, property, art, jewelry and jets. Suharto laid the foundation for the family fortune by establishing the intricate nationwide system of patronage that kept him in power for 32 years.

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  7. Hashim Djojohadikusumo returns to Indonesia ‘cash-rich and ready to play’ (Forbes)

    It was January 1988 and Hashim Djojohadikusumo was bound for Moscow. Keen to deepen ties with the U.S.S.R., Indonesia’s President Suharto had handpicked 12 business leaders to send on a high-level trade mission.

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  8. SEC probes Schwab, Merrill, for anti-money laundering violations (Reuters)

    U.S. regulators are investigating Charles Schwab Corp and Bank of America Corp’s Merrill Lynch brokerage over whether they are doing enough to learn about their clients’ identities, the latest sign a crackdown on money laundering is expanding.

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  9. Schwab allegedly collaborated with Suharto regime (Los Angeles Business Journal)

    Behunin says he was edged out of a potential real estate development project in Bali with Tommy Suharto, the youngest son of Suharto, who died in 2008, on land obtained through military force during his father’s presidency. Behunin claims that the Schwabs went ahead and formed a $65 million business venture with the Suharto family.

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  10. Schwab accused of connections with rogue wealth (CWEB News)

    Though Charles Schwab knew of the “nefarious means in which the Suharto family had acquired its enormous wealth and power” he hand no qualms about doing business with the family, according to Behunin’s lawsuit.

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