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An explosive investigation into how the United States of America built one of the largest illicit offshore finance systems in the world. For years, one country has acted as the greatest offshore haven in the world, attracting hundreds of billions of dollars in illicit finance tied directly to corrupt regimes, extremist networks, and the worst the world has to offer. But it hasn't been the sand-splattered Caribbean islands, or even traditional financial secrecy havens like Switzerland or Panama that have come to dominate the offshoring world. Instead, the country profiting the most also happens to be the one that still claims to be the moral leader of the free world, and the one that claims to be leading the fight against the crooked and the corrupt: the United States of America. American Kleptocracy examines just how the United States' implosion into a centre of global offshoring took place: how states such as Delaware and Nevada perfected the art of the anonymous shell company; how post-9/11 reformers watched their success usher in a new flood of illicit finance directly into the U.S.; how African despots and post-Soviet oligarchs came to dominate American coastlines, American industries, and entire cities and small towns across the American Midwest; how Nazi-era lobbyists birthed an entire industry of spin-men whitewashing transnational crooks and despots, and how dirty money has now begun infiltrating America's universities, think tanks, and cultural centres; and how those on the frontline are trying to restore America's legacy of anti-corruption leadership - and finally end this reign of American kleptocracy. It also looks at how Trump's presidency accelerated all of the trends already on hand - and how the Biden administration can, and should, act on this tawdry inheritance.
For years, one group of Americans has worked as foot-soldiers for the most authoritarian regimes around the planet. In the process, they've not only entrenched dictatorships and spread kleptocratic networks, but they've secretly guided U.S. policy without the rest of America even being aware. And now, journalist Casey Michel contends some of them have begun turning their sights on American democracy itself.These Americans are known as foreign lobbyists, and many of them spent years ushering dictatorships directly into the halls of Washington, all while laundering the reputations of the most heinous, repressive regimes in the process. These lobbyists include figures like Ivy Lee, the inventor of the public relations industry - a man who whitewashed Mussolini, opened doors to the Soviets, and advised the Nazis on how to sway American audiences. They include people like Paul Manafort, who invented lobbying as we know it - and who then took his talents to autocrats from Ukraine to the Philippines, and then back to the White House. And they now include an increasing number of Americans elsewhere: in law firms and consultancies, among PR specialists and former lawmakers, and even within think tanks and universities.Many of these lobbyists have transformed into proxies for dictators and strongmen wherever they can be found. And for years, they've escaped scrutiny.In Foreign Agents, Casey Michel shines a light on these foreign lobbyists, and all the damage and devastation they have caused in Washington and elsewhere. From Moscow to Beijing, from far-right nationalists to far-left communists, from anti-American autocrats to pro-Western authoritarians, these foreign lobbyists have helped any illiberal, anti-democratic government they can find. And after decades of success in installing dictator after dictator, and in tilting American policy in the process, some of these lobbyists have now begun trying to end America's democratic experiment, once and for all.
A remarkable debut by one of America's premier young reporters on financial corruption, Casey Michel's American Kleptocracy offers an explosive investigation into how the United States of America built the largest illicit offshore finance system the world has ever known."e;An indefatigable young American journalist who has virtually cornered the international kleptocracy beat on the US end of the black aquifer."e;-The Los Angeles Review of Books For years, one country has acted as the greatest offshore haven in the world, attracting hundreds of billions of dollars in illicit finance tied directly to corrupt regimes, extremist networks, and the worst the world has to offer. But it hasn't been the sand-splattered Caribbean islands, or even traditional financial secrecy havens like Switzerland or Panama, that have come to dominate the offshoring world. Instead, the country profiting the most also happens to be the one that still claims to be the moral leader of the free world, and the one that claims to be leading the fight against the crooked and the corrupt: the USA.American Kleptocracy examines just how the United States' implosion into a center of global offshoring took place: how states like Delaware and Nevada perfected the art of the anonymous shell company, and how post-9/11 reformers watched their success usher in a new flood of illicit finance directly into the U.S.; how African despots and post-Soviet oligarchs came to dominate American coastlines, American industries, and entire cities and small towns across the American Midwest; how Nazi-era lobbyists birthed an entire industry of spin-men whitewashing trans-national crooks and despots, and how dirty money has now begun infiltrating America's universities and think tanks and cultural centers; and how those on the front-line are trying to restore America's legacy of anti-corruption leadership-and finally end this reign of American kleptocracy.
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