The Story Behind The Story…
Writer and journalist Danny Casolaro was found dead in Room 517 of the Sheraton Hotel in Martinsburg, West Virginia, at the time of his death, he was investigating a sprawling criminal conspiracy he labelled ‘The Octopus’.
The exact nature and extent of Casolaro’s Octopus, or whether it existed at all has been subject to much debate and speculation since.
Casolaro raised stories on the collapse of the BCCI – a bank which lost $20bn and was accused of hiding the proceeds from crime. Police and intelligence experts nicknamed BCCI the “Bank of Crooks and Criminals International” for its penchant for catering to customers who dealt in arms, drugs, and hot drug cartel money.
Casolaro also investigated and published stories on Iran–Contra, political scandal in the United States that occurred during the second term of the Reagan Administration. Senior administration officials secretly facilitated the sale of arms to the Khomeini government of the Islamic Republic of Iran, which was the subject of an arms embargo. The administration hoped to use the proceeds of the arms sale to fund the Contras in Nicaragua. Contras took part in guerrilla warfare inciting mob violence, “neutralizing” civilian leaders and government officials and attacking “soft targets” — including schools, health clinics and cooperatives.
Casolaro’s enemies were numerous and experts in crime and all the dangers that brings.