Indian Springs State Bank organization
also: Indian Spring State Bank, Indian Springs, the bank, Indiana Springs State Bank, Indiana Springs
Explore in graph → Export claims (CSV) ↓
Related entities (most co-mentioned)
Global International Airwaysorganization · 13Farhad Azimaperson · 12Anthony Russoperson · 9William LeMasterperson · 5Mario Rendaperson · 5Kansasplace · 4Chicagoplace · 2FDICorganization · 2Lloyd Monroeperson · 2Kansas Citycountry · 2Morris Shankerperson · 2Las Vegasplace · 2J. Finnperson · 2Carl Russoperson · 1Savella familyorganization · 1Joseph Aiuppaperson · 1Paul L. Williamsperson · 1Michael Manningperson · 1CIAintelligence service · 1Indiacountry · 1U.S. Department of Justiceorganization · 1Hawaiicountry · 1Liberiacountry · 1Samuel Doeperson · 1
Claims (6)
William LeMaster headed
Indian Springs State Bank documented
“The bank owners hired LeMaster from his banking job in Lexington to try to make something of Indian Springs State Bank. LeMaster decided after he took over the bank that he could be a rainmaker, someone that would bring in big deposits and …”
▶ The Colonel’s Corner The Mafia CIA & George Bush Part 14 @ 12:42
Indian Springs State Bank financed_via
Carmen Civella documented
“He brought in depositors. He brought in borrowers. He also brought in a CIA asset and the mafia. One of the borrowers at Indian Springs was Carmen Civella, C-I-V-E-L-L-A. He was the son of Kansas City's mafia boss, Carl Civella. The $300,00…”
▶ The Colonel’s Corner The Mafia CIA & George Bush Part 14 @ 13:13
Indian Springs State Bank financed_via
Morris Shanker documented
“guaranteed a $200,000 loan from Indian Springs to his Dunes Hotel and Casino in Las Vegas. A Schinker associate from Las Vegas, J. Finn, F-I-H-N, was also a borrower at Indian Springs. On the deposit side, at least 12 people with ties to or…”
▶ The Colonel’s Corner The Mafia CIA & George Bush Part 14 @ 14:08
Indian Springs State Bank financed_via
Farhad Azima documented
“in Washington, approved Russo's employment by the bank, despite his felony conviction, mob connections, and a recommendation by the FDIC's regional office not to do it. The second biggest borrower at Indian Springs, next to Renda's linked f…”
▶ The Colonel’s Corner The Mafia CIA & George Bush Part 14 @ 16:14
Farhad Azima member_of
Indian Springs State Bank documented
“For example, Azizma was elected a member of the Indian Springs Board of Directors in 82 when he became the fourth largest stockholder with almost 10% of the stock. He claimed later that he lost all of his $400,000 investment in the bank sto…”
▶ The Colonel’s Corner The Mafia CIA & George Bush Part 14 @ 18:48
Farhad Azima sponsored
Indian Springs State Bank book_quoted
“Azima allegedly sponsored a loan to the Dunes from a mob-controlled Indian Springs State Bank in Kansas City, where Azima himself had loans. This apparent digression into trails leading from covert operations to political influence and ulti…”
▶ The Colonel’s Corner Drugs, Oil, and War Part 2 @ 4:33
Mentions (26)
▶ 4:33
Azima allegedly sponsored a loan to the Dunes from a mob-controlled Indian Springs State Bank in Kansas City, where Azima himself had loans. This apparent digression into trails leading from covert operations to political influence and ulti…
▶ 58:22
It involved the Indian Spring State Bank there. I don't see where they said the name of the mall, though. Okay. I got one more question. Sure. I have Audible through Amazon. Are there any books out there you'd recommend that are on Audible …
▶ 1:05:21
To answer Zen's question, what was going on there and the bank that was involved was the Indian Springs Mall, also known as the Spring Shopping Center. And the bank was called Indian Springs State Bank. Yeah. So if people want to do some re…
▶ 12:15
LeMasters was not a bookie for the mob or a double agent for the CIA. He was a banker, a well-respected banker who was brought in to run a tiny $8 million in asset, Indian Springs State Bank. The bank had languished in a strip mall center b…
▶ 12:42
The bank owners hired LeMaster from his banking job in Lexington to try to make something of Indian Springs State Bank. LeMaster decided after he took over the bank that he could be a rainmaker, someone that would bring in big deposits and …
▶ 13:13
He brought in depositors. He brought in borrowers. He also brought in a CIA asset and the mafia. One of the borrowers at Indian Springs was Carmen Civella, C-I-V-E-L-L-A. He was the son of Kansas City's mafia boss, Carl Civella. The $300,00…
▶ 13:43
when the bank failed. Another mob borrower was Carl Russo, a bag man for the Savella family who carried the cash skim from Tropicana Casino in Los Angeles to mafia families in Kansas City and Chicago. The two Carls were convicted in 1983 of…
▶ 14:08
guaranteed a $200,000 loan from Indian Springs to his Dunes Hotel and Casino in Las Vegas. A Schinker associate from Las Vegas, J. Finn, F-I-H-N, was also a borrower at Indian Springs. On the deposit side, at least 12 people with ties to or…
▶ 14:38
Apuca, A-I-U-P-A, a Chicago mob boss who had been brought in by Anthony Russo. Mario Renda and his brokered deposits were also brought in by Russo. Renda brokered more than $6 million into the little bank in exchange for loans to his straw …
▶ 15:09
Brokered deposits are where someone makes a deposit and then dictates who gets to borrow that money. It's a form of money laundering. These loans were not repaid and more than anything contributed to the failure of Indian Springs Bank in Ja…
▶ 16:14
in Washington, approved Russo's employment by the bank, despite his felony conviction, mob connections, and a recommendation by the FDIC's regional office not to do it. The second biggest borrower at Indian Springs, next to Renda's linked f…
▶ 16:45
and his companies, including Global International Airways. The affairs and fate of these people and institutions are intertwined. When Global International Airways filed for bankruptcy in 1983, Azizma and his companies had almost $600,000 i…
▶ 17:14
was eventually whittled down to about $60,000 after offsets and adjustments. Azizma and Global certainly didn't contribute to the failure. That was according to Michael Manning, a private Kansas City attorney hired by the FDIC to investigat…
▶ 17:46
Azizma and his affiliated companies borrowed close to $2 million from Indian Springs, which was a gross violation of lending limits to any one borrower, which at Indian Springs was half a million. So they broke their own rules, thanks to Le…
▶ 18:17
From April 82 to March 83, the overdrafts averaged $150,000 a day. Federal examiners expressed concern about the loan limits and the overdrafts. You think? We'd have been in jail. These problems were compounded by the connections and confli…
▶ 18:48
For example, Azizma was elected a member of the Indian Springs Board of Directors in 82 when he became the fourth largest stockholder with almost 10% of the stock. He claimed later that he lost all of his $400,000 investment in the bank sto…
▶ 19:13
When Azizma was asked about the large overdrafts that Global had at Indian Springs, he replied, oh, I don't get involved in that level of detail in my business. I have no idea what that's about. The company had credit lines and authorized o…
▶ 19:42
on property in Hawaii, for example. He claimed he warned the bank against being involved in that type of thing. But his statement was, I was a minority stockholder and no one paid attention to him. It's hard to believe that William LeMaster…
▶ 20:11
on Azizma's company, Global International Airway. He had also borrowed more than $55,000 from Indian Springs to buy the stock in Global. In 1982, LeMaster borrowed $50,000 from Azizma personally and never repaid it. Anthony Russo, too, was …
▶ 20:41
One of his recommendations was that Global buy gasoline from Morris Shanker's associate, Jay Finn. Russo testified in one of his tax fraud trials that he had received a commission for every gallon of gas sold to Global. I mean, it's an airl…
▶ 21:08
Russo also borrowed more than $55,000 from Indian Springs to buy his global stock. He said he bought the stock in the name of his children and later sold it back to Azizma. Anthony Russo's brother-in-law worked at Global as well. He was an …
▶ 21:37
filed bankruptcy in 83, owing $280,000 in unsecured loans to Indian Springs. At the time, Global had $145,000 of CDs at Indian Springs and was later allowed to offset those deposits against loans owed. After Indian Springs failed, January 1…
▶ 22:07
and his financial cohorts for defrauding Indian Springs. The FDIC got an injunction against the lawsuit and then sued Azizma Russo and the directors for fraud and negligence in the failure of the bank. This lawsuit was settled out of court …
▶ 35:41
During Anthony Russo's trial for tax income fraud in 1986, Russo testified that in 1982, he received $25,000 from Global for accompanying the dictator of Liberia, Samuel Doe, on a trip. Well, you all met Farhad Azima. He was the chairman of…
▶ 56:36
After this investigation discovered Azizma's connections to the failed Indiana Springs State Bank, he went to the Justice Department's Organized Crime Strike Force in Kansas City, which was investigating Mario Renda. The IRS official met wi…
▶ 56:59
After the IRS criminal investigators gave Monroe his information on the Azima Indian Springs connection, Monroe assigned an FBI agent team investigating Indiana Springs to look into it. The agents met with Monroe and gave him some shocking …