top
Anti-War
Anti-War
Indybay
Indybay
Indybay
Regions
Indybay Regions North Coast Central Valley North Bay East Bay South Bay San Francisco Peninsula Santa Cruz IMC - Independent Media Center for the Monterey Bay Area North Coast Central Valley North Bay East Bay South Bay San Francisco Peninsula Santa Cruz IMC - Independent Media Center for the Monterey Bay Area California United States International Americas Haiti Iraq Palestine Afghanistan
Topics
Newswire
Features
From the Open-Publishing Calendar
From the Open-Publishing Newswire
Indybay Feature

ANTICHRIST STORMTROOPERS LOOT A MILLION IN IRAQI CHARADE

by Katherine Hepburn & Cary Grant
FOUR sticky-fingered GIs have been arrested for trying to steal nearly $1 million of the $700 million in cold cash found hidden on the grounds of several estates in Baghdad, Army officials said yesterday.
GIS ARRESTED IN $1M SWAG SNAG
By JONATHAN FOREMAN
http://www.nypost.com/commentary/74020.htm
--------------------------------------------------------------------------------

http://www.nypost.com/photos/web04220309.jpg
BOOTY-FUL:
The Post's Jonathan Foreman holds $100,000 in each hand from a box that Army soldiers found in a Baghdad cottage. Four GIs from the 64th Armored face court-martials for allegedly stealing some of the loot.

April 22, 2003 --

EXCLUSIVE


FOUR sticky-fingered GIs have been arrested for trying to steal nearly $1 million of the $700 million in cold cash found hidden on the grounds of several estates in Baghdad, Army officials said yesterday.


The four enlisted men, who all belong to the 4th Battalion of the 64th Armored Division, face court-martials, said Maj. Kent Rideout.

The mountain of loot uncovered by U.S. forces on Friday apparently was left behind by top Ba'ath Party members and senior Republican Guard commanders who fled Baghdad.

It has been taken to the U.S.-controlled Baghdad Airport for safekeeping and will be returned to the Iraqi people, officials have said.

"You can understand how the greed took over, when just one wad of this cash can pay off your mortgage, send your kids to school, etcetera," one senior officer told The Post.

Three of the arrested GIs, members of an engineering unit attached to the 4th Battalion, are accused of skimming $600,000 of the war booty. They stashed it in a tree near a cottage where they and other members of their unit discovered 37 steel boxes, each containing $4 million in $100 bills.

"They must have made a split-second decision," said a senior officer.

The fourth busted GI, who had been assigned to drive some of the confiscated cash-filled strongboxes to brigade headquarters, is accused of swiping $300,000 and hiding it in a bag, a cooler and a glove box in his Hemmt cargo truck.

The glove box was the first place MPs would look for wayward loot, an officer noted.

Sources said suspicions were aroused when officials found one of the strongboxes had been opened - even though it hadn't been necessary to check its contents because all the boxes were identical in size and weight to those found earlier.

The names of the four GIs were not disclosed last night. Further arrests are not expected, according to Rideout.

An officer said the brigade feared the thefts would overshadow their discovery of the huge hoard of money.

The stashed cash was discovered Friday by two sergeants looking for a chainsaw to cut branches near their new headquarters in the city's palace district noticed a small cottage with cinderblock walls barricading its doors and windows.

When the GIs broke through the walls, they found dozens of steel boxes - with stacks of $100 bills neatly bundled in $100,000 increments.

Other cottages were checked - and other stashes were found. The total amount of cash was estimated at $700 million.

http://www.nypost.com/commentary/74020.htm
Add Your Comments

Comments (Hide Comments)
by Cary Grant
Make that AUDREY Hepburn.
We are 100% volunteer and depend on your participation to sustain our efforts!

Donate

$135.00 donated
in the past month

Get Involved

If you'd like to help with maintaining or developing the website, contact us.

Publish

Publish your stories and upcoming events on Indybay.

IMC Network