HONG KONG: ‘ BRITISH BANKER’S TRADING LICENCE REVOKED ON SAME DAY OF ALLEGED MURDER ‘

#AceNewsServices – HONG KONG – November 04 – British banker Rurik Jutting had his trading licence revoked by a Hong Kong bank on the same day he allegedly murdered one of his victims, it emerged today.

''Psycho banker's trading licence was revoked the same day he murdered first prostitute'

”Psycho banker’s trading licence was revoked the same day he murdered first prostitute’

The 29-year-old, an employee at Bank of America Merrill Lynch, had his securities trading permit cancelled by Hong Kong’s de facto bank just three days before the bodies of two Indonesian prostitutes were found in his apartment.

' Hanging out: After police were called to his apartment, Jutting was questioned before being driven away for further questioning, leaving a forensic team to examine the scene at his flat '

‘ Hanging out: After police were called to his apartment, Jutting was questioned before being driven away for further questioning, leaving a forensic team to examine the scene at his flat ‘

The banker, a former student at Cambridge University, would have been unable to work in Hong Kong without the Bank of America-sponsored licence.

The news emerged amid reports that Jutting was like a ‘zombie’ after his regular weekend drug binges, according to a former Hong Kong law enforcement officer.  

Out with the girls: Rurik Jutting was like a ‘zombie’ after his regular weekend drug binges, a former Hong Kong law enforcement office claimed today. 

Reports have also surfaced that Jutting allegedly wrote an out-of-office email to Merrill Lynch staff and clients describing himself as an ‘insane psychopath’, shortly before the women were found, according to Yahoo.

Today, documents from the Hong Kong Monetary Authority revealed the banker was licensed to trade securities between November 11 2013 and October 27 this year.

But Mr Jutting’s other trading license – issued by the Hong Kong Securities and Futures Commission – was cancelled on October 28, according to the Wall Street Journal

The banker would have needed a licence from both the HKMA and the SFC to continue trading. 

Jutting appeared in court yesterday, charged with two counts of murder, after the bodies were found in his apartment on Saturday.

One of the bodies – found in a suitcase – has been identified as Sumarti Ningsih, while the the second woman has been named in local media as Jesse Lorena.

Earlier today, an ex officer told MailOnline how the pupils of the banker were dilated from suspected cocaine abuse and he appeared to have used amphetamines to act as a ‘livener’.

Source: 

#ANS2014 

#banker, #murder, #prostitution, #trader, #victims

ARIZONA: Case of Sex Trafficking Ring Recruiting Teens Leads to Charges for Ring-Leaders ‘

A 17-year-old Lansing girl is one of at least two people officials say recruited local teens to work as prostitutes in a sex trafficking ring that stretched to Arizona.

lansing-underage-sex-trafficking-girls- 16612253- Screenshot from 2014-10-03 10:40:08

The case — which is being prosecuted in both local and federal courts — so far has led to charges against the 17-year-old, Mariah Haughton, and 24-year-old Christopher Turryle Bryant of Lansing.

Officials expect to announce charges against a third person today.

Haughton is charged as an adult in Lansing’s 54A District Court with multiple counts, including human trafficking. She also is charged with recruiting minors to work as prostitutes and with creating child porn.

Her attorney, Barbara Herdus, could not be reached Thursday.

Bryant is charged in federal court with multiple counts of sex trafficking. Three of the counts involve girls under the age of 18.

According to court documents, one of the girls was lured by the promise of earning “easy money.” In March, the documents say, she was taken to unnamed Lansing motels, given drugs and alcohol, and had sex with multiple men who paid between $100 and $200.

That girl, who is not named, told investigators about others she believed were taken to Arizona and Alabama to work as prostitutes, according to documents filed in U.S. District Court in Grand Rapids.

Bryant is being held without bond at the county jail. A federal indictment was unsealed last week, court records show, and Bryant was arrested at the jail on the federal charges. Bryant already was in jail on local charges including home invasion and assault by strangulation.

In addition to multiple sex trafficking counts, Bryant is charged in the federal case with transporting someone for purposes of prostitution. That charge involves an unidentified person who was allegedly taken to Arizona.

Bryant’s attorney, Sharon Turek, declined to comment.

Some of the allegations are detailed in an FBI search warrant application seeking to obtain information from Facebook accounts belonging to Bryant, Haughton and two others investigators believe were part of the prostitution ring.

Source: 

#ANS2014

#arizona, #fbi, #lansing, #prostitution, #sex-trafficking

‘ Prostitution and Drugs Increase GDP by 9 Billion Euro’s ‘

#AceWorldNews – SPAIN – September 26 – Prostitution, drug trafficking and other illegal activities have finally been included in Spain’s gross domestic product, boosting it by 9 billion euros according to the latest statistics.

Sex workers demonstrate in the centre of Madrid on February 15, 2014. (AFP Photo/Pedro Armestre)

Sex workers demonstrate in the centre of Madrid on February 15, 2014. (AFP Photo/Pedro Armestre)

Latest data from the National Statistics Institute (INE) reveals the drug trade, prostitution, illegal weapon sales and gambling contributed some €9 billion, or 0.87 percent of country’s total GDP in 2013. The new figures show that drug trafficking comprised 0.5 percent of GDP while illegal sex trade made up 0.35 percent of the new total.

Overall, the recalculated figures increased Spain’s GDP by €26.2 billion to €1.05 trillion, reducing country’s debt ratio of 98.9 percent to 96.4 percent, according to the Bank of Spain.

The remaining increase to GDP was generated from the contributions of research and development and military armament.

Members of the platform of "Indignant Prostitutes" and their supporters staged a demonstration in central Barcelona to protest against the city's plans to modify a law that seeks to prohibit street prostitution in the Catalan capital, April 26, 2012. (Reuters/Gustau Nacarino)

Members of the platform of “Indignant Prostitutes” and their supporters staged a demonstration in central Barcelona to protest against the city’s plans to modify a law that seeks to prohibit street prostitution in the Catalan capital, April 26, 2012. (Reuters/Gustau Nacarino)

To assess the turnover of prostitution, the agency calculated the number of prostitutes working in Spain and consulted with sex clubs on the amounts they earn on average.

Prostitution in Spain was decriminalized in 1995. The trade itself is not directly addressed in the Criminal Code of Spain, but exploitation such as pimping is illegal.

At the same time prostitution is not considered a job and thus has no legal recognition.

Source: 

#ANS2014

#drugs, #gdp, #prostitution, #spain

Italy: Prosecutor’s Open New Investigation against `Silvio Berlusconi’ in `Prostitution Case’ over Accusations he `Corrupted’ Witnesses”

#AceWorldNews says Prosecutors open new investigation against Berlusconi in prostitution case
Milanese prosecutors have opened a new investigation against Silvio Berlusconi over accusations he corrupted witnesses in a trial in which he was convicted of paying for sex with a minor, Reuters reported. The investigation follows the conviction of three associates in a separate but related trial. They were found guilty of procuring young women for prostitution at parties at Berlusconi’s luxurious villa near Milan. Last year, judges alleged that the former prime minister and his lawyers had called in some of the young women for meetings to discuss the evidence they planned to give in court.

#italy, #milanese, #prosecutors, #prostitution, #reuters, #silvio-berlusconi