Bank Frauds in the News – $43 Trillion Financial Fraud Lawsuit in US – Racketeering and Money Laundering

Iceland dealt with it’s banking and financial problems and the economy is recovering.  The Irish are taking mass action against the banks. Even the US have started civil lawsuits against racketeering and Money Laundering now – but they’re trying to keep it quiet.

Censored: Banks Fraud in the News – $43 Trillion Financial Fraud Lawsuit and CNBC Executive’s Children Murdered – coincidence or not!?

Do you watch/read the news? Do you believe it isn’t censored…?
In that case you will have heard one of the big CNBC related news stories.

Not the one about the Vice President of CNBC Digital having his children murdered, which is the daily fodder of stories that media like to feed people that enjoy this kind of curious behaviour. Even though it was horrific and not deserving of anyone, especially young children: http://www.dailymail.co.uk/news/article-2223972/Krim-murder-Brave-year-old-girl-tried-fight-killer-nanny.html

But the other BIG story I’m referring to is about the $43 trillion dollar lawsuit that CNBC had published earlier that same day.  It was a Press Release that they had run on their website, I know it was there as I had a glance last week and saved the link to read later. CNBC Published the article on Thursday and it had disappeared within 48 hours! Now who says news isn’t censored!?

This is the link where the article WAS:
http://www.cnbc.com/id/49555671/Major_Banks_Governmental_Officials_and_Their_Comrade_Capitalists_Targets_of_Spire_Law_Group_LLP_s_Racketeering_and_Money_Laundering_Lawsuit_Seeking_Return_of_43_Trillion_to_the_United_States_Treasury

A copy of the deleted article/press release is available here to read:
http://www.scribd.com/doc/111797302

View the 858 Page Lawsuit here:
http://www.scribd.com/doc/111799801

And other people that notice the anomaly and discussing the coincidence:
http://wtfrly.com/2012/10/27/cnbc-curiously-removes-article-on-43-trillion-financial-fraud-lawsuit-after-executives-kids-murdered-in-new-york-nanny-case/

I’m not saying there is a link but don’t you think it curious that it happened!?

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Elsewhere in the World….

Do what Iceland did and kick out the corrupt Government plebs and fraudulent bankers!

The Irish have also started their cases

Bankers in America know their time has come with the latest lawsuit and it looks like it will be the UK’s biggest next, with Lloyds TSB management and their Halifax Bank of Scotland partners next.

Do you think your Bank has defrauded you?

Well, with so much overwhelming evidence (or lack of defence offered), moral and financial bankruptcy, government bailouts, whilst they take money from ‘Dear Doris’ – the answer is yes and you can find out easily by asking them a few simple questions.

Of course if you’re happy with them defrauding you, then carry on as normal. After all is Ignorance is Bliss!

If you want to know for sure then you can send them a letter requesting a certified copy of your supposed contracts and proof of Bank funds, to confirm your suspicions.

Your only obligation to yourself is to send the letter, see what answers you get back – then follow up with legal action (if you can afford) or at least publish the information online if there is something untoward or shady about any misdirection and refusal to provide answers or documents that you have a right to!

Yes that’s right – Banks refuse to send documents either because they don’t have them or because they believe they can get away with it. Is it time you showed them that people aren’t going to take any more fraud and lies?

Isn’t it time you took a stand too?

Leave a comment below and I’ll send you a copy of the letter to find out if you have been taken for a ride.

White collar crime – Banks steal houses!

Coming to a home near you soon? Or actually ask your friends and family because the white-collar criminals are likely already operating in your street lurking in the shadows!

If you’ve got such stories about UK Banks, then write in and let us know – the last thing they want is people discussing their crimes in public even though they’re spending the public’s money and harassing those very same people!

“Robo-signed documents, false affidavits and failure to notify defendants are just a few of the ways banks and their lawyers are accused of mishandling foreclosures.”
When these things are happening there would naturally be investigations into these crimes and corporate frauds – but the Police and justice departments are not interested in pursuing them.
Why would that be when the crimes are so public?
Why do criminal Bankers have no limits on what they will do and then seem to be exempt from investigation?  Maybe it is because they think they are ‘above the law’ and have ‘unlimited’ government funding that they do what they want.
So what is white collar crime?

“Within the field of criminology, white-collar crime has been defined by Edwin Sutherland as “a crime committed by a person of respectability and high social status in the course of his occupation” (1939). Sutherland was a proponent of Symbolic Interactionism, and believed that criminal behavior was learned from interpersonal interaction with others. White-collar crime, therefore, overlaps with corporate crime because the opportunity for fraud, bribery, insider trading, embezzlement, computer crime, copyright infringement, money laundering, identity theft, and forgery are more available to white-collar employees.”

– http://en.wikipedia.org/wiki/White-collar_crime

It looks like Bankers are in the perfect place to be taking ‘money’ home with them.
They even have systems in place and what looks like ‘agreements’ with lawyers, courts and judges to allow their paperwork pass through the system whilst the little guy gets stomped on!


Here’s just some of the things they are up to:-

Wall St Banks have been caught stealing homes through fraudulent foreclosures.
They are moving people out of their homes before foreclosure completes, even emptying homes of possessions.
Telling people they have to be in arrears before they will help under new anti-foreclosure laws, then foreclosing because they are in arrears.
When people call for help the people are given fake phone numbers to get help.

Using illegal document to get foreclosures.

Faking foreclosure documents.
Foreclosing on homes that have been paid off.
Even setting up boiler room courts to rush them through.

Get more info and read about the crimes at: 

http://warintel.blogspot.com/2010/12/wall-st-banks-steal-homes-with-impunity.html
http://www.rollingstone.com/politics/news/matt-taibbi-courts-helping-banks-screw-over-homeowners-20101110


In this story Bank of America ‘steals ashes of dead husband and ransacks house’ after foreclosure.

“A bank has been accused of unlawfully seizing the ashes of a dead husband from his grieving widow’s home.  Bailiffs working for the Bank of America are said to have broken into the Mimi Ash’s house during a foreclosure before ransacking the place.  And, according to a U.S. lawsuit, they helped themselves to family and childhood photographs along with her son’s ski medals while cleaning out the entire house.

Ira Rheingold, executive director of the National Association of Consumer Advocates, said that bank errors were happening all the time.  She said: ‘Every day, smaller wrongs happen to people trying to save their homes: being charged the wrong amount of money, being wrongly denied a loan modification, being asked to hand over documents four or five times.

Read more at: http://www.dailymail.co.uk/news/article-1340863/Bank-America-steals-ashes-dead-husband-ransacks-house.html

These small wrongs compound to great injustices!

Yes, this what is really happening. It’s not a perfect world out there and it is time for people to support each other, share the truth and fight back against the white collar crime that is increasing around you all the time.

Bobby


Watch this video below to see the deals that American banks are getting and would you be surprised if the same was happening in the UK and worldwide?
It may be a year old but it’s still relevant today. Stay informed and share the information.  Homes are for living in, humans for being treated respectfully and Bankers, well I’ll let you figure out what they are good for…
See how they play the numbers game to show that profits are more important than people!


Those Indymac boys were given deal by the FDIC, and borrowers were strong-armed




http://www.youtube.com/watch?v=ssl5yb7FewA

Transcript: “Does the Government REALLY want to fix this financial mess we’re in?

Like many banks during the world financial meltdown in 2008, IndyMac closed it doors. Months later, its assets were seized by the FDIC and sold to OneWest Bank by the US Government.

Well, guess who owns OneWest Bank: That would be Goldman Sachs; with bigtime VP Stephen Munchen and bigtime investors, George Soros and John Paulson – of no blood relation to ex-CEO of Goldman Sachs, Hank Paulson – who would be the ex-Secretary of the Treasury.

All IndyMac’s residential property mortgages were purchased by OneWest at 70% of their value; all HELOCs were purchased at 58% percent of the value.

But just in case the OneWest guys would feel cozy and warm, the FDIC stepped in and decided to cover 80% to 90% of the losses, due to short sale or foreclosures that they might incur from those naughty IndyMac-mortgaged homeowners…

The reason why we think you should know about this case is because the Loss Calculations are based on the ORIGINAL home mortgage and NOT the 70% of the ORIGINAL value at which it was purchased by OneWest.

This is an actual sample case fro one of our TBWS viewers…now, this is going to get your blood boiling!

Take an actual loan $478,000 + 6 months of missed payments for a grand total of $485,200. OneWest Bank paid 70% or $334,600 for that loan. ($485,200 X 70% = $334,600).

Then, that underwater homeowner got an all-cash short sale offer for his home that netted $241,000 to OneWest Bank.

Now, according to the FDIC formula, you take the actual amount that OneWest paid for the mortgage: $334,600 but instead they get to use the ORIGINAL amount of the mortgage of $485,200 MINUS the short sale offer of $241,000 and you have an “Adjusted Loss” of $244,200.

Next, according to the sweetheart deal, the FDIC writes a check to OneWest bank for 80% of the net loss ($244,200 X 80%), so the Taxpayer, courtesy of the FDIC pays OneWest $195,360.

Now, ADD the $195,360 paid by the Government to the short sale offer of $241,000 and One West Bank just made: $436,360 on a loan that they only bought for $334,600! And all they had to do was sell it for what they wanted to!

Guys! They can’t lose money on this deal! OneWest Bank just profited on this short sale to the tune of $101,760 — all because of the sweetheart deal they made with the FDIC.

So, if you ever ask yourself, “Why is it so hard to get a mortgage loan?” The answer is that *there’s too much money to be made on short sales and foreclosures.*

Ready for an encore? The house still was sold for less than the original loan amount and the *borrower was forced to sign a promissory note for $75,000* to OneWest Bank!

So who really wins in the end? Well, just let you decide…

By the way, the FDIC just announced that they would start needing to borrow money from the Treasury — the Treasury being the place where all those Goldman Sachs guys used to call home before they called OneWest Bank home.

If you’re as mad about this as we are, share this with as many people as you can, so we can all understand more about this business that we care so deeply about…”