Family Affair: U.S. Says Ghosn's Son Chipped in for Pop's Extraction
As the saying goes, the family that orchestrates the clandestine escape of an accused auto executive together, stays together. It seems that, on both sides of the operation to spirit arrested auto titan Carlos Ghosn out of Japan, were father-and-son teams.
In the U.S., arrangements for aircraft rentals and musical instrument boxes were handled by a former U.S. Army Special Forces member and his son, with funding provided by Ghosn himself, and about half a million dollars’ worth of cryptocurrency offered up by Ghosn’s son, U.S. prosecutors claim.
Per Reuters, federal prosecutors said in a court filing this week that Anthony Ghosn made $500,000 in cryptocurrency payments to Peter Taylor, son of military veteran and private security firm founder Michael Taylor.
The Taylors, wanted by Japan and arrested in Massachusetts earlier this year, are seeking bail, but the feds finger both as extreme flight risks. With Ghosn now safely ensconced in Lebanon, the orchestraters of his escape seem more likely to be extradited than the former executive himself. Lebanon doesn’t have an extradition treaty with Japan.
In seeking to squash the Taylor’s bail gambit, prosecutors laid out the financial transactions between them and the Ghosns. Carlos himself wired the father-son duo more than $862,000 in October of 2019, two months before his daring escape. At the time, he was under house arrest in Tokyo, awaiting trial on financial charges Ghosn claims were cooked up by Japanese officials and vindictive Nissan brass.
Shortly after Christmas 2019, Ghosn left his residence and traveled to a bullet train station, hopping on a train bound for another city that just happened to hold an international airport. There, he met men at a hotel and was subsequently hidden in an oversized instrument case and smuggled onto a waiting private jet chartered out of Turkey. Carrying a spare French passport, he switched planes in Istanbul before arriving in Beirut, his childhood home.
While the Taylors claim there exists no law on Japanese books that covers what they’ve been accused of, the U.S. still doesn’t want to grant bail. The pair “now have access to Ghosn’s vast resources with which to flee,” prosecutors stated.
Join the conversation
Latest Car ReviewsRead more
Latest Product ReviewsRead more
- Keith Maybe my market's different. but 4.5k whack. Plus mods like his are just donations for the next owner. I'd consider driving it as a fun but practical yet disposable work/airport car if it was priced right. Some VAG's (yep, even Audis) are capable, long lasting reliable cars despite what the haters preach. I can't lie I've done the same as this guy: I had a decently clean 4 Runner V8 with about the same miles- I put it up for sale around the same price as the lower mile examples. I heard crickets chirp until I dropped the price. Folks just don't want NYC cab miles.
- Max So GM will be making TESLAS in the future. YEA They really shouldn’t be taking cues from Elon musk. Tesla is just about to be over.
- Malcolm It's not that commenters attack Tesla, musk has brought it on the company. The delivery of the first semi was half loaded in 70 degree weather hauling potato chips for frito lay. No company underutilizes their loads like this. Musk shouted at the world "look at us". Freightliners e-cascads has been delivering loads for 6-8 months before Tesla delivered one semi. What commenters are asking "What's the actual usable range when in say Leadville when its blowing snow and -20F outside with a full trailer?
- Funky D I despise Google for a whole host of reasons. So why on earth would I willing spend a large amount of $ on a car that will force Google spyware on me.The only connectivity to the world I will put up with is through my phone, which at least gives me the option of turning it off or disconnecting it from the car should I choose to.No CarPlay, no sale.
- William I think it's important to understand the factors that made GM as big as it once was and would like to be today. Let's roll back to 1965, or even before that. GM was the biggest of the Big Three. It's main competition was Ford and Chrysler, as well as it's own 5 brands competing with themselves. The import competition was all but non existent. Volkswagen was the most popular imported cars at the time. So GM had its successful 5 brands, and very little competition compared to today's market. GM was big, huge in fact. It was diversified into many other lines of business, from trains to information data processing (EDS). Again GM was huge. But being huge didn't make it better. There are many examples of GM not building the best cars they could, it's no surprise that they were building cars to maximize their profits, not to be the best built cars on the road, the closest brand to achieve that status was Cadillac. Anyone who owned a Cadillac knew it could have been a much higher level of quality than it was. It had a higher level of engineering and design features compared to it's competition. But as my Godfather used to say "how good is good?" Being as good as your competitors, isn't being as good as you could be. So, today GM does not hold 50% of the automotive market as it once did, and because of a multitude of reasons it never will again. No matter how much it improves it's quality, market value and dealer network, based on competition alone it can't have a 50% market share again. It has only 3 of its original 5 brands, and there are too many strong competitors taking pieces of the market share. So that says it's playing in a different game, therfore there's a whole new normal to use as a baseline than before. GM has to continue downsizing to fit into today's market. It can still be big, but in a different game and scale. The new normal will never be the same scale it once was as compared to the now "worlds" automotive industry. Just like how the US railroad industry had to reinvent its self to meet the changing transportation industry, and IBM has had to reinvent its self to play in the ever changing Information Technology industry it finds it's self in. IBM was once the industry leader, now it has to scale it's self down to remain in the industry it created. GM is in the same place that the railroads, IBM and other big companies like AT&T and Standard Oil have found themselves in. It seems like being the industry leader is always followed by having to reinvent it's self to just remain viable. It's part of the business cycle. GM, it's time you accept your fate, not dead, but not huge either.
Taylors did break the law by aiding and abetting. But then the US court has to decide if extradition is warranted. Was Ghosn fairly treated by the Japs? Or was he a political prisoner? After all no extradition should happen to a country with failing legal system. Is Japan fair?
This whole affair sounds like a bad soap opera . -Nate