[8][9][a] Ray Cline believes that both Paul Helliwell and Robert Anderson created 176 "black gold" banking accounts in 42 countries after moving loot from The Philippines by ship to support future United States operations.
[1] In 1951, he formed a CIA front the Sea Supply Corporation which ran arms to Thailand police and Nationalist Chinese forces in Burma for ten years.
[4] He formed Castle Bank & Trust in the Bahamas in January 1962 to provide a financial channel to support CIA operations against Cuba and Latin America including the Bay of Pigs Invasion in 1962 for which he was one of the pay masters.
[1][4] Helliwell continued to work as a lawyer in Miami and served as legal counsel to a Panamanian holding company that controlled a Bahamian gambling casino connected with Meyer Lansky.
[citation needed] Beginning in 1965 by the IRS, "Operation Tradewinds" was an investigation into offshore tax havens primarily involving Castle Bank & Trust due to its association with suspected drug trafficking.