of the Cordon Jaune, with the result that today nothing remains of Le Chiffre’s original investment and any routine inquiry would reveal a deficit of around fifty million francs in the trade union funds of which he is the treasurer and paymaster.
It does not seem that the suspicions of Leningrad have been aroused yet but, unfortunately for Le Chiffre, it is possible that at any rate SMERSH is on the scent. Last week a high-grade source of Station P. reported that a senior official of this efficient organ of Soviet vengeance had left Warsaw for Strasbourg via the Eastern sector of Berlin. There is no confirmation of this report from the Deuxième Bureau, nor from the authorities in Strasbourg (who are reliable and thorough) and there is also no news from Le Chiffre’s headquarters there, which we have well covered by a double agent (in addition to 1860).
If Le Chiffre knew that SMERSH was on his tail or that they had the smallest suspicion of him, he would have no alternative but to commit suicide or attempt to escape, but his present plans suggest that while he is certainly desperate, he does not yet realize that his life may be at stake. It is these rather spectacular plans of his that have suggested to us a counter-operation which, though risky and unconventional, we submit at the end of this memorandum with confidence.
In brief, Le Chiffre plans, we believe, to follow the example of most other desperate till-robbers and make good the deficit in his accounts by gambling. The ‘Bourse’ is too slow. So are the various illicit traffics in drugs, or rare medicines, such as aureo- and streptomycin and cortisone. No race tracks could carry the sort of stakes he will have to play and, if he won, he would more likely be killed than paid off.
In any case, we know that he has withdrawn the final twenty-five million francs from the treasury of his union and that he has taken a small villa in the neighbourhood of Royale-les-Eaux, just north of Dieppe, for a week from a fortnight tomorrow.
Now, it is expected that the Casino at Royale will see the highest gambling in Europe this summer. In an effort to wrest the big money from Deauville and Le Touquet, the Société des Bains de Mers de Royale have leased the baccarat and the two top chemin-de-fer tables to the Mahomet Ali Syndicate, a group of emigré Egyptian bankers and business-men with, it is said, a call on certain royal funds, who have for years been trying to cut in on the profits of Zographos and his Greek associates resulting from their monopoly of the highest French baccarat banks.
With the help of discreet publicity, a considerable number of the biggest operators in America and Europe have been encouraged to book at Royale this summer and it seems possible that this old-fashioned watering-place will regain some of its Victorian renown.
Be that as it may, it is here that Le Chiffre will, we are confident, endeavour on or after 15 June to make a profit at baccarat of fifty million francs on a working capital of twenty-five million. (And, incidentally, save his life.)
Proposed Counter-operation
It would be greatly in the interests of this country and of the other nations of the North Atlantic Treaty Organization that this powerful Soviet agent should be ridiculed and destroyed, that his communist trade union should be bankrupted and brought into disrepute, and that this potential fifth column, with a strength of 50,000, capable in time of war of controlling a wide sector of France’s northern frontier, should lose faith and cohesion. All this would result if Le Chiffre could be defeated at the tables. (N.B. Assassination is pointless. Leningrad would quickly cover up his defalcations and make him into a martyr.)
We therefore recommend that the finest gambler available to the Service should be given the necessary funds and endeavour to out-gamble this man.
The risks are obvious and the possible loss to the Secret funds is high, but other operations on which
It does not seem that the suspicions of Leningrad have been aroused yet but, unfortunately for Le Chiffre, it is possible that at any rate SMERSH is on the scent. Last week a high-grade source of Station P. reported that a senior official of this efficient organ of Soviet vengeance had left Warsaw for Strasbourg via the Eastern sector of Berlin. There is no confirmation of this report from the Deuxième Bureau, nor from the authorities in Strasbourg (who are reliable and thorough) and there is also no news from Le Chiffre’s headquarters there, which we have well covered by a double agent (in addition to 1860).
If Le Chiffre knew that SMERSH was on his tail or that they had the smallest suspicion of him, he would have no alternative but to commit suicide or attempt to escape, but his present plans suggest that while he is certainly desperate, he does not yet realize that his life may be at stake. It is these rather spectacular plans of his that have suggested to us a counter-operation which, though risky and unconventional, we submit at the end of this memorandum with confidence.
In brief, Le Chiffre plans, we believe, to follow the example of most other desperate till-robbers and make good the deficit in his accounts by gambling. The ‘Bourse’ is too slow. So are the various illicit traffics in drugs, or rare medicines, such as aureo- and streptomycin and cortisone. No race tracks could carry the sort of stakes he will have to play and, if he won, he would more likely be killed than paid off.
In any case, we know that he has withdrawn the final twenty-five million francs from the treasury of his union and that he has taken a small villa in the neighbourhood of Royale-les-Eaux, just north of Dieppe, for a week from a fortnight tomorrow.
Now, it is expected that the Casino at Royale will see the highest gambling in Europe this summer. In an effort to wrest the big money from Deauville and Le Touquet, the Société des Bains de Mers de Royale have leased the baccarat and the two top chemin-de-fer tables to the Mahomet Ali Syndicate, a group of emigré Egyptian bankers and business-men with, it is said, a call on certain royal funds, who have for years been trying to cut in on the profits of Zographos and his Greek associates resulting from their monopoly of the highest French baccarat banks.
With the help of discreet publicity, a considerable number of the biggest operators in America and Europe have been encouraged to book at Royale this summer and it seems possible that this old-fashioned watering-place will regain some of its Victorian renown.
Be that as it may, it is here that Le Chiffre will, we are confident, endeavour on or after 15 June to make a profit at baccarat of fifty million francs on a working capital of twenty-five million. (And, incidentally, save his life.)
Proposed Counter-operation
It would be greatly in the interests of this country and of the other nations of the North Atlantic Treaty Organization that this powerful Soviet agent should be ridiculed and destroyed, that his communist trade union should be bankrupted and brought into disrepute, and that this potential fifth column, with a strength of 50,000, capable in time of war of controlling a wide sector of France’s northern frontier, should lose faith and cohesion. All this would result if Le Chiffre could be defeated at the tables. (N.B. Assassination is pointless. Leningrad would quickly cover up his defalcations and make him into a martyr.)
We therefore recommend that the finest gambler available to the Service should be given the necessary funds and endeavour to out-gamble this man.
The risks are obvious and the possible loss to the Secret funds is high, but other operations on which
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