Lawsuit: US Military Contractor DynCorp Accused of “Enslaving” American Employees in Kuwaiti Tent Cities

This troubling lawsuit is hardly the first controversy for the U.S. military contractor. Indeed, DynCorp is one of the most controversial military contractors, given its past scandals, many of which involved the company facilitating human trafficking and child prostitution. For instance, in the late 1990s, DynCorp employees were accused of raping children in Bosnia as well as buying and selling girls as young as 12 for use as sex slaves. They also assisted the illegal transport of women into Bosnia for human trafficking purposes.

Depository Trust and Clearing Corporation

DTC is the world’s largest central securities depository. It accepts deposits of over 2 million equity and debt securities issues (valued at $23 trillion) from over 65 countries for custody, executes book-entry deliveries (valued at over $116 trillion in 2000) records book-entry pledges of those securities, and processes related income distributions DTC is a member of the U.S. Federal Reserve System, a limited-purpose trust company under New York State banking law, a registered clearing agency with the Securities and Exchange Commission, and is owned by the Depository Trust and Clearing Corporation (DTCC), which is in turn owned primarily by most of the major banks, broker-dealers, and exchanges on Wall Street.

1 2