Big surprise here. So we found where over $8 million went. Now how about the other 9 BILLION they can’t even begin to account for?

I sense that this is only the beginning of these kinds of stories. This is the kind of thing we were telling people about via UnCommon Sense TV back in 2003, and getting some flak that we didn’t know what we were talking about and to ’stop demoralizing our soldiers and the war effort’ and blah blah…

A former U.S. occupation official in Iraq pleaded guilty Thursday to conspiring to steal more than $2 million and rigging bids on $8.6 million in reconstruction contracts.

Robert J. Stein, 50, of Fayetteville, N.C., admitted that he and his coconspirators smuggled millions of dollars out of Iraq into the United States aboard commercial airliners and laundered cash through multiple bank accounts in Switzerland, Amsterdam and Romania. Stein was a Defense Department employee who served as a contract official for the Coalition Provisional Authority in Iraq, controlling more than $82 million in funds slated for rebuilding the Middle Eastern country.

He told U.S. District Judge Colleen Kollar-Kotelly that he also stole $600,000 in cash and used coalition money to buy dozens of machine guns and other weapons for use by a private security company he and his coconspirators had formed to operate in Iraq.

Read the complete article here