Can It Be? Bondi Sues Bank of New York Mellon “We will not allow Floridians’ money to be lost due to fraudulent activity”

Sorry folks…

False alarm…

It’s a case claiming the bank stole from the state…

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Attorney General Pam Bondi Issues Statement on Complaint Against Bank of New York Mellon

TALLAHASSEE, Fla.–Attorney General Pam Bondi issued the following statement on the complaint filed today on behalf of the State of Florida alleging that Bank of New York Mellon overcharged the state retirement fund by millions of dollars for foreign currency exchanges in violation of the Florida False Claims Act. BNY Mellon serves in a fiduciary role as master custodian of the Florida Retirement System Trust Fund and is involved in a majority of transactions regarding the fund.

“Every penny that state and local employees entrust to Florida’s pension fund is hard-earned, and we will not allow Floridians’ money to be lost due to fraudulent activity,” stated Attorney General Pam Bondi. “Overcharging for foreign exchange transactions is essentially stealing, and any company that does so will be held accountable.”

Stealing –  “any company that does so will be held accountable.”

Great job, Pam…

Full complaint below…

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4closureFraud.org

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State of Florida v The Bank of New York Mellon

 

Comments
10 Responses to “Can It Be? Bondi Sues Bank of New York Mellon “We will not allow Floridians’ money to be lost due to fraudulent activity””
  1. allisun says:

    What is in this case that helps the homeowners????

  2. lvent says:

    Keep the heat and pressure on her, don’t stop now Floridians!!!

  3. Bob Bateman says:

    Will someone PLEASE ask Pam IF she plans on taking as hard a stance against companies that commit FRAUD?…

  4. Bobbi Swann says:

    Okay….maybe I’m missing something here. Bondi is part of that retirement fund now that she is part of the State of Flori-duh, correct? She’s not protecting the citizens of the state…she’ looking out for unno umero! What a joke she is. As a Floridian, I’m not buying her bull and hopefully every other Floridian can do the same.

  5. pamelag says:

    she is fishing for campaign contributions. mellon must be ‘rich’

  6. Hell No, No More Bail-OUTS says:

    Bondi needed to get her name in the news on something the FL citizens would find favorable. I see that MA is still evaluating their response and they have been investigating this for a while already.

    Did Bondi jump on this suit simply to divert attention from all the other news coverage she is getting?

  7. Mario Kenny says:

    We know she has not teeth.

    • yvonne says:

      just seeing this based on the new news…she is of course protecting her funds…what is the relationship with NYMellon and Bankers Trust and Deutsche???

  8. Litgant says:

    This has got to be a joke. She does not know how to try a case.

  9. housemanrob says:

    Smoke and mirrors, now you see it, now you don’t. Pam’s magic act.

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