ARGENTINA - 12,000 Nazis with Money in Swiss Bank

Arno Froese

An investigation by Argentine investigator Pedro Filipuzzi revealed a list of 12,000 Nazis in Argentina that apparently have money in accounts at the Zurich-based Credit Suisse investment bank, the Simon Wiesenthal Center said in a statement.

The list, which Filipuzzi gave to Simon Wiesenthal Center’s international relations director Dr. Shimon Samuels and Latin America director Dr. Ariel Gelblung, was found in an old storage room at the former Buenos Aires Nazi headquarters.

There was an official number of German National Socialist Party Foreign Organization (NSDAP/AO) members based in the country, as well as 12,000 members supporting the German Union of Syndicates and a further 8,000 individuals linked to other Nazi organizations.

“These included such German companies as IG Farben [the company that supplied Zyklon-B gas that was used in concentration camps] and financial bodies such as the ‘Banco Alemán Transatlántico’ and the ‘Banco Germánico de América del Sur,'” Samuels explained in the statement. “These two banks apparently served for Nazi transfers on the way to Switzerland.”

“We believe very probable that these dormant accounts hold monies looted from Jewish victims, under the Nuremberg Aryanization laws of the 1930s,” the center said in a letter addressed to Credit Suisse vice president Christian Küng.

“The current story and the remaining assets, arguably looted, of 12,000 Nazis will, we hope, be viewed differently, for the good name of Credit Suisse.”

“From about 1997 to 1999, an independent committee chaired by Paul A. Volcker carried out an investigation of Credit Suisse and about 60 other Swiss banks, searching for accounts possibly or probably owned by victims of Nazi persecution,” Credit Suisse wrote in a statement to The Jerusalem Post. The committee concluded that its investigation was “unprecedented … [and] and intensive and sustained effort by a large staff of forensic accountants [and] … has provided as full and complete accounting of the status of the accounts in Switzerland of victims of Nazi persecution as is now reasonably feasible. Nonetheless, we will again look into this matter.”, 4 March 2020

Arno's commentary

What seems strange is that it took so many decades to uncover the relationship between the Nazis, Argentina, and Swiss banks. Yet, the painstaking investigation continues; in this case, proving to be a worthwhile one. That’s one side of the story. The other is that nothing will be hidden forever, and that applies to every person on planet earth. There is going to be a day of reckoning. This is documented in Revelation 20:13: “And the sea gave up the dead which were in it; and death and hell delivered up the dead which were in them: and they were judged every man according to their works.” But those who have taken advantage of the only plan to escape the great hour of judgment, placing their faith in Jesus Christ, have this promise: “And the nations of them which are saved shall walk in the light of it: and the kings of the earth do bring their glory and honour into it” (Revelation 21:24).

Arno Froese is the executive director of Midnight Call Ministries and editor-in-chief of the acclaimed prophetic magazines Midnight Call and News From Israel. He has authored a number of well-received books, and has sponsored many prophecy conferences in the U.S., Canada, and Israel. His extensive travels have contributed to his keen insight into Bible prophecy, as he sees it from an international perspective.

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