Posts tagged Fraud
Homeowner Takes on BOA for Foreclosure and Mortgage-Backed Security Fraud
Jan 17th
17th January 2012
By - Activist Post
Can Bank of America foreclose on a homeowner without showing any evidence that their client actually owns the promissory note?
Can a Mortgage-Backed Security sue for damages after they have already been made whole through credit default swaps and a negotiated settlement with the originator of the security?
Continue Reading – Homeowner Takes on BOA for Foreclosure and Mortgage-Backed Security Fraud
Full-Blown Civil War Erupts On Wall Street – Financial Elite Start Turning On Each Other
Sep 6th
Reality Finally Hits The Financial Elite As They Start Turning On Each Other
By David DeGraw - ampedstatus.org
Finally, after trillions in fraudulent activity, trillions in bailouts, trillions in printed money, billions in political bribing and billions in bonuses, the criminal cartel members on Wall Street are beginning to get what they deserve. As the Eurozone is coming apart at the seams and as the US economy grinds to a halt, the financial elite are starting to turn on each other. The lawsuits are piling up fast. Here’s an extensive roundup:
Time to put your Big Bank shorts on! Get ready for a run… The chickens are coming home to roost… The Global Banking Cartel’s crimes are being exposed left & right… Prepare for Shock & Awe…
Well, well… here’s your Shock & Awe:
First up, this shockingly huge $196 billion lawsuit just filed against 17 major banks on behalf of Fannie Mae and Freddie Mac. Bank of America is severely exposed in this lawsuit. As the parent company of Countrywide and Merrill Lynch they are on the hook for $57.4 billion. JP Morgan is next in the line of fire with $33 billion. And many death spiraling European banks are facing billions in losses as well.
FHA Files a $196 Billion Lawsuit Against 17 Banks
The Federal Housing Finance Agency (FHFA), as conservator for Fannie Mae and Freddie Mac (the Enterprises), today filed lawsuits against 17 financial institutions, certain of their officers and various unaffiliated lead underwriters. The suits allege violations of federal securities laws and common law in the sale of residential private-label mortgage-backed securities (PLS) to the Enterprises.
Complaints have been filed against the following lead defendants, in alphabetical order:
1. Ally Financial Inc. f/k/a GMAC, LLC – $6 billion
2. Bank of America Corporation – $6 billion
3. Barclays Bank PLC – $4.9 billion
4. Citigroup, Inc. – $3.5 billion
5. Countrywide Financial Corporation -$26.6 billion
6. Credit Suisse Holdings (USA), Inc. – $14.1 billion
7. Deutsche Bank AG – $14.2 billion
8. First Horizon National Corporation – $883 million
9. General Electric Company – $549 million
10. Goldman Sachs & Co. – $11.1 billion
11. HSBC North America Holdings, Inc. – $6.2 billion
12. JPMorgan Chase & Co. – $33 billion
13. Merrill Lynch & Co. / First Franklin Financial Corp. – $24.8 billion
14. Morgan Stanley – $10.6 billion
15. Nomura Holding America Inc. – $2 billion
16. The Royal Bank of Scotland Group PLC – $30.4 billion
17. Société Générale – $1.3 billion
Video : Programmer Under Oath Reveals Computers Rig US Elections
Aug 3rd
Mr Curtis a Software programmer who worked for NASA, Exxon Mobil & the US Department of Transportation in a sworn-oath deposition testifies that US elections are rigged by inserting software into the voting system. The timing of this deposition was just after George W Bush being re-elected president of the United States. We are not surprised that this never made it into the main stream media.
Mr Curtis goes on to name US Representatives who attempted to pay him to rig their election vote counts.
He says that it is easy to install a small software program into the voting system that will flip the count 51 to 49 to whoever you wanted to win an election. He goes on to say that these small programs are undetectable utilising no more than 100 lines of code, which is minimal. Mr Curtis stated “No one would ever see it, unless you have access to the source code or you were able to count the hard copy votes and compare them to the electronic count”
Watch Mr Curtis’ astounding sworn testimony (12 Mins)
Please rate this wake up world post using the stars below. Your ratings will provide us a better understanding of topics that are important to our readers.
We also wish to thank everyone for their continued support of Wake Up World
Wake Up World – Helping to wake up souls one article at a time.
10 Facts That Prove The Bin Laden Fable Is a Contrived Hoax
May 10th
Merely a week after President Obama announced the death of Osama Bin Laden, there is literally a deluge of evidence that clearly indicates the whole episode has been manufactured for political gain and to return Americans to a state of post-9/11 intellectual castration so that they can be easily manipulated in the run up to the 2012 election. Here are ten facts that prove the Bin Laden fable is a contrived hoax….
1) Before last Sunday’s raid, every intelligence analyst, geopolitical commentator or head of state worth their salt was on record as stating that Osama Bin Laden was already dead, and that he probably died many years ago, from veteran CIA officer Robert Baer, to former Pakistani Prime Minister Benazir Bhutto, to former FBI head of counterterrorism Dale Watson. In addition, back in 2002 Alex Jones was told directly by two separate high level sources that Bin Laden was already dead and that his death would be announced at the most politically opportune moment. Top US government insider Dr. Steve R. Pieczenik, a man who held numerous different influential positions under five different Presidents, serving as the Deputy Assistant Secretary of State under the Nixon, Ford and Carter, told the Alex Jones Show last week that Bin Laden died of marfan syndrome shortly after he was visited by CIA physicians at the American Hospital in Dubai in July 2001.
2) The official narrative of how the raid unfolded completely collapsed within days of its announcement. First there had been a 40 minute shootout, then there was no shootout and just one man was armed, first Bin Laden was armed then he was not, first Bin Laden used his wife as a human shield and then he did not. First the compound was described as a “$1 million dollar mansion” then it turned out to be a rubbish-strewn dilapidated compound that was worth less than a quarter of that. Almost every single aspect of the official narrative has changed since Obama first described the raid last Sunday as the White House struggles to keep its story straight.
Continue Reading – 10 Facts That Prove The Bin Laden Fable Is a Contrived Hoax
Federal Reserve BANK CON exposed on MSNBC
May 9th
Dylan Ratigan of MSNBC, explains the causes and scope of the of the financial crisis
Calling it a “con job,” Ratigan identified former Federal Reserve Chairman Alan Greenspan as a godfather-like figure at the helm of the alleged scam. Ratigan argued that Greenspan’s decisions to keep interest rates at low levels benefitted banks that used the low borrowing rates to lure Americans into taking out more and more loans. Banks didn’t maintain enough capital, but that didn’t matter, Ratigan said, because–thanks to the government’s support of too-big-to-fail banks–the system was rigged and they stood to gain no matter what happened to the loans that they made. Ratigan blamed Congress for “feeding the money” to banks and not looking out for Americans.
Originally aired on MSNBC – 4th July 2010.
Please rate this wake up world post using the stars below. Your ratings will provide us a better understanding of topics that are important to our readers.
We also wish to thank everyone for their continued support of Wake Up World
MAJOR BANK MORTGAGE FRAUD – Unearthed on 60 Minutes USA
May 9th
Who is Linda Green?
Well, seeing that Linda’s signature is shown on more than 20 different bank documents as being their Vice President, you would presume that’s what Linda is, a VP of a 20 banks…. But hang on… How is it possible to be a VP of over 20 banks at the same time? She is either extremely talented and doesn’t require sleep or there is something more to this story. After watching this 14 min investigation, I can honestly say this is one of the most blatant cases of forgery I have seen come to light.
Turns out, Wall Street cut corners when it created those mortgage-backed investments that triggered the financial collapse. Now that banks want to evict people, they’re unwinding these exotic investments to find, that often, the legal documents behind the mortgages aren’t there. Caught in a jam of their own making, some companies appear to be resorting to forgery and phony paperwork to throw people – down on their luck – out of their homes.
So what did the banks do? They employed sweat shop style workplaces to forge mortgage paperwork. Most documents were signed off by Linda Green and as you can see by from the below picture. Linda Green has many different ways to sign her name!
Watch the video to find out how the banks accomplished it and meet the real life Linda Greens’ . Some turn our to be a middle aged man, a young African American lady and man. Amazing that they were doing this for just $10.00 per hour!
VIDEO: CBS 60 Minutes - Aired 4th March 2011
Please rate this wake up world post using the stars below. Your ratings will provide us a better understanding of topics that are important to our readers.
We also wish to thank everyone for their continued support of Wake Up World
