“God help any bank that takes this case to trial,” Burns said.
“A jury’s only question is going to be ‘How much do they have?’ ”
~
Suit alleges banks and mortgage companies cheated veterans and U.S. taxpayers
Some of the nation’s biggest banks and mortgage companies have defrauded veterans and taxpayers out of hundreds of millions of dollars by disguising illegal fees in veterans’ home refinancing loans, according to a whistleblower suit unsealed in federal court in Atlanta.
The suit accuses the companies, including Wells Fargo, Bank of America, J.P. Morgan Chase and GMAC Mortgage, of engaging in “a brazen scheme to defraud both our nation’s veterans and the United States treasury” of millions of dollars in connection with home loans guaranteed by the Department of Veterans Affairs.
“This is a massive fraud on the American taxpayers and American veterans,” James E. Butler Jr., one of the lawyers bringing the suit, said Tuesday.
Tens of thousands of the VA loans have gone into default or resulted in foreclosures, resulting in “massive damages” to the U.S. government, the suit alleges. The faulty loans will cost taxpayers hundreds of millions of dollars, with the costs rising as more VA loans go into default, according to the suit.
Check out the rest here…
Other companies named as defendants include CitiMortgage, Washington Mutual Bank, PNC Bank (which acquired National City Mortgage), Countrywide Home Loans, Mortgage Investors, First Tennessee Bank (which acquired First Horizon Home Loan), Irwin Mortgage and New Freedom Mortgage.
Full complaint below…
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4closureFraud.org
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Dear FBI, US Secret Service, DOJ, HINTERLAND SECURITY and 1600 Pennsylvania Avenue ….. RESIGN NOW ….. REC– USE YOURSELVES …. STOP LYING TO EVERYBODY https://sites.google.com/site/thegreattexasbankjob/Home/speculation-bubbles-and-crashes-looting-101?pli=1
http://occupywallst.org/forum/prosecute-the-atlanta-va-loan-guarantee-officer-un/
Through my own investagation I have found that ther were two maybe three loans taken out at origination !) VA loan @2) Washington Mutual (Home equity loan) #3 Chase. Nothing recorded with the Recorders office. WE put $37.000 down confirmed by the Department of Veterans Affairs and paid in full according to the Dept of Veterans affairs. Morgage was sent to us, and recorded at the Recorders office. Our (so called closing atty.)
was in on it from the origination. I got info about others from credit report from “Krolls” credit report, they are by their own admission a subprime qualifier. The loans from Washington Mutual and Chase are paid with o Balences on them. We paid washington Mutual for a year and then Wells Fargo for a year. Only papers from origination with seller to us, and aquit claim deed from my husband to us including me on the mortgage as our pretender lawyer called and said it would be best to do that for liability reasons, something about my husband being in a accident and being sued and since my name would be on it they could not sue for our house because it was maritable property. I know now that that was a crock of shit. The broker who planned this whole thing has done the same to thousands of other people accordin to the Recorders records. When I finially got our records there was a release of mortgae, a satifaction of mortgage (which had Firdt Mortgage Corp listed as the lender. and a certificate, kinda looks like a dipploma or something that says “congradulations, we have recieved the funds to pay your morgage in full” and lists the amount. I have tracked down each and every listing @ the recorders office and have ascertained that there is no morgage and never was. I looked up the seller on the recorders website and there is nothing exept when he sold the house to us via an “Avidavit of Title/Bill of sale” signed in blue ink. His son lives next store and I intend to question him about ownership of hse. Sneakaly of course. Now comes Countrywide (through MERS) as “LENDER” and then of course BOA. I am still in house ater four years and have instructed insurance co. to send homeowners bill to us ONLY, and the treasurers office the same, they said it was “already done” and we still have our homeowners excemption. Our Att> at closing is affiliated with Ticor Title, Stewart Title, Nationwidwide, and Fitelity. Small world Huh?Have all canceled checkes from mortgage payments and to atty, which onthe back say “pay to the order of…. can’t read to whom but I think it is First Morgage Corp. (I’m sure my bank could probably look it up for me. I asked BOA to prove they had the note and they sent a sorry assed piece if paper “pay without recourse to ….I forget, the sig is unreadable. But from what I can see (thanks to everyone here, we were robbed and payed monthly morgage payment on a loan that did not exist. On our credit report it says “High Balance” $609,337″ unbelievable! I am up to my eyeballs inpaperwork and its all a lie. I owe nothing, to anyone. And as for MERS, they can go to hell. I guess I’ll just have to wait and see who crawls out of the woodwork to claim our home. I didn’t come this far to quit so I’ll march on and try to help others at the same time. All I can say is everyone is in on this. Why isn’t the recorders office screeming about the fees, there about one to three houses for sale on each block surrounding mine including one right on my block. Nobody wants to talk about it around here. I’m evev afraid to go on a vacation. I have protection in my home and will fight to the end but what if I’m not here? I’ll keep you all posted. And Michelle, this is the first time in my adult life that I’m ashamed to be an American”
Great Job Ali…and the bottom line and the realtruth is ..it is the ASSIGNMENT OF BENEFICIAL INTEREST OF THE ASSIGNMENT OF COLLATERAL INTEREST…THAT ARE THE _ONLY_ TWO ASSIGNMENTS THAT CREATE A LEGALLY ENFORCEABLE LIEN IN THE STATE OF ILLINOIS…..Everything else is a bunch of bogus b.s….and that is what they are trying to hide…! The mortgages and notes are all a nullity because these criminals dishonored our notes and signatures at the Origination Fraud…and their is no legal fix for that…besides these FEDERAL RESERVE CROOKS OWE THE AMERICAN PEOPLE SO MUCH MONEY…IT CAN NEVER BE REPAID…AND THEY ARE ROBBING US UNDER THE GUISE OF MONEY LENDING…AND THEY NEVER LENT US ANY MONEY…WE LENT OUR MONEY TO THEM…AND THE TRUTH IS IN THOSE STAMPED PAID WARRANTY DEEDS THAT WE ALL HAVE IN OUR POSSESSION…AND IN THE FACT THAT THERE HAS NEVER BEEN A LEGAL ASSIGNMENT EVER RECORDER AT OUR COUNTY RECORDERS OFFICES..THEY ARE QUITE SIMPLY…VERY EVIL AND DECEPTIVE CROOKS…AND THE JUDGES DO KNOW ALL OF THIS IS TRUE…WE JUST HAVE TO SHOVE THE TRUTH IN FRONT OF THEIR FACES…AND LET THEM KNOW THAT WE KNOW THE TRUTH…AND THE RULE OF LAW…AND THAT IS UNDENIABLE….OUR HOMES AND BUSINESSES AND EVERYTHING IN THIS COUNTRY WAS PAID UP FRONT BY WE THE PEOPLE…AT THE ORIGINATION…ALWAYS HAS BEEN AND THAT INCLUDES ALL OF THESE MANUFACTURED WARS THAT THEY KEEP CREATING…!
Oops Ali, sorry I goofed..I meant to say that in Illinois a RECORDED…. Assignment of Beneficial Interest OR A RECORDED Collateral Assignment of Beneficial Interest is the only way to create a legally evcnnforceable lien in Illinois…THOSE ASSIGMENTS ARE REQUIRED TO BE RECORDED IN 30 DAYS…….. THEY ARE HIDING THAT …. That is what they are covering up and do not want us to know…GOOGLE SEARCH THE NAMES OF THOSE 2 LEGAL ASSIGNMENTS …YOU CAN PRINT OUT COPIES OF WHAT THEY LOOK LIKE…THEY CAN ONLY GO BANK TO BANK…..AND READ ILLINOIS TRUST LAWS…THOUGH THEY ARE TRYING TO IGNORE THEM…THOSE TRUST LAWS ARE THE LAWS GOVERNING A LEGAL INTEREST IN REAL PROPERTY IN THE STATE OF ILLINOIS… .
Ali, Did you contact the law firm in Atlanta that is handling the whistle blowers law suit regarding what appears to be loan origination fraud? It would appear the same racket involved in this fraud would be involved in the multi-pledging fraud. It involves the same essential MO, and ‘network’. IMHO. It appears to go to the bowels of the VA Loan Guarantee Office (in Atlanta).
CRIME-FRAUD EXCEPTION
‘There is no privilege under this article [dealing with attorney-client privilege] if the services of the lawyer were sought or obtained to enable or aid anyone to commit or plan to commit a crime or a fraud.’ California Evidence Code section 956
Where the entire attorney-client relationship is embarked upon in furtherance of criminal activity, and the relationship is permeated by criminal activity and the client takes an active part in it, the crime-fraud exception is satisfied notwithstanding that it may have been the attorney who originally conscripted the client for the illegal purpose. In re Impounded Case (Law Firm) (1989) 879 F.2d 1211, 1213-14.
In order to establish the crime-fraud exception to the privilege, ‘the party opposing the privilege must establish a prima facie case of fraud. [T]he party must also establish a reasonable relationship between the fraud and the attorney-client communication.’ Cunningham v. Connecticut Mut. Life. Ins. (S.D.Cal. 1994) 845 F.Supp. 1403, 1412
http://www.lectlaw.com/def/c180.htm
CHAPTER I: DEPARTMENT OF VETERANS AFFAIRS
Part 0: Standards of ethical conduct and related responsibilities
http://cfr.vlex.com/source/code-federal-regulations-pensions-bonuses-veterans-relief-1087
Ali, Please keep us informed about your contacts with law firm handling this mess. Let us know what is transpiring if anything. Your info sharing may help others.
After Three years of tryng to find out what in the hell happened to our morgage… I now now know.
YES ALI AND EVERYONE…MANY OF THEIR MASSIVE FRAUD CRIMES ORIGINATE AND ARE HIDDEN IN THEIR MANUFACTURED LOST CITY OF ATLANTIS…ATLANTA…AND MORE ARE HIDDEN EVERYWHERE..LIKE AT OUR LOCAL RECORDER OF DEEDS OFFICES.. STATE TRANSPORTATION DEPARTMENTS….AND IN THEIR SHADOW ELECTRONIC BANK…..THAT IS WHERE ALL OF THEIR UNREGULATED DEBT FRAUD IS HIDDEN AND REGURGITATED…. FROM REGULATORS AND LAW ENFORCEMENT AND THE AMERICAN PEOPLE….!!! ALL $1.2 QUADRILLION OR THEIR CRIMINAL UNSUSTAINABLE DERIVATIVES DEBT FRAUD…ALL OF THEIR MASSIVE FRAUD WAS DERIVED AND THEREFORE CREATED BY MASSIVE CRIMINAL SECRETS, LIES AND DECEPTIONS…..!!!!!
AND LET US NOT FORGET MERS….!!! MWAHAHA…..!!!
‘Is well concealed organized TREASON emanating from a rogue ‘clique’ operating from within the Atlanta Veterans Administration Loan Guarantee office?
VA loan guarantee office INSIDE JOB?!’’
Is well concealed organized TREASON emanating from a rogue ‘clique’ operating from within the Atlanta Veterans Administration Loan Guarantee office?
VA loan guarantee office INSIDE JOB?!’
Multi pledging of counterfeit shadow loans!
http://movetoamend.org/prosecute-atlanta-veterans-administration-loan-guarantee-officer
AWESOME JOB WILLIAM…!!! THAT IS WHERE LOTS OF THEIR CRIMINAL FRAUD, SECRETS LIES AND DECEIT IS HIDDEN IN THEIR MANUFACTURED LOST CITY OF ATLANTIS..AKA ATLANTA….!!!!!……BOOYAH…!! RIGHT BACK AT THESE LOUSY LYING FRAUDSTER CROOKS…!!
ALL I CAN SAY IS THAT THEY CAN ALL HELP SAVE THEIR OWN LOUSY, STINKING, ROTTEN CORRUPTED SOULS BY TELLING THE TRUTH…MAYBE IF THEY TELL THE TRUTH AND TRY AND CORRECT THEIR ALL OF THEIR FRAUD THEY HAVE ALL COMMITTED INSTEAD OF TRYING TO HIDE IT WITH MORE CRIMES AND FIXES …IN ORDER TO CONTINUE IT…..MAYBE THEN..GOD WILL TRY AND FORGIVE THEIR MASSIVE CRIMES AGAINST HIM AND MANKIND….!
Ivent, please loan in depth research into the VA Fraud case, the postings and links and follow them and study them. Please respond with your thoughts after you have studies it. I think you will be pleased with the gravity of this and the relevance of it.
Ivent, please look in depth and research into the VA Fraud case, the postings and links and follow them and study them. Please respond with your thoughts after you have studies it. I think you will be pleased with the gravity of this and the relevance of it.
Thank You William. and.I will do that…because what all of these criminals REALLY NEED AND DESERVE is a GOOD HARD, REALITY CHECK….PUNCH IN THEIR CORRUPT CRIMINAL HEADS…BY WE THE PEOPLE… with THE TRUTH AND DOCUMENTED FACTS…THAT WILL….KNOCK THEM TO THEIR KNEES AND THEIR SENSES….!!!!
CRIME-FRAUD EXCEPTION
‘There is no privilege under this article [dealing with attorney-client privilege] if the services of the lawyer were sought or obtained to enable or aid anyone to commit or plan to commit a crime or a fraud.’ California Evidence Code section 956
Where the entire attorney-client relationship is embarked upon in furtherance of criminal activity, and the relationship is permeated by criminal activity and the client takes an active part in it, the crime-fraud exception is satisfied notwithstanding that it may have been the attorney who originally conscripted the client for the illegal purpose. In re Impounded Case (Law Firm) (1989) 879 F.2d 1211, 1213-14.
In order to establish the crime-fraud exception to the privilege, ‘the party opposing the privilege must establish a prima facie case of fraud. [T]he party must also establish a reasonable relationship between the fraud and the attorney-client communication.’ Cunningham v. Connecticut Mut. Life. Ins. (S.D.Cal. 1994) 845 F.Supp. 1403, 1412
http://www.lectlaw.com/def/c180.htm
Is well concealed organized TREASON emanating from a rogue ‘clique’ operating from within the Atlanta Veterans Administration Loan Guarantee office?
‘VA loan guarantee office INSIDE JOB?!’
It is possible that BEHIND THIS CASE, LAYERED WITHIN IT, THERE COULD THE POSSIBILITY OF SIMULTANEOUS MULTI PLEDGING LOAN ORIGINATION FRAUD., NOT ‘JUST’ THE FRAUDULENT CHARGING OF LAWYERS FEES BY AND FOR THE THE LOAN ORIGINATORS et al.
http://msfraud.org/howtheysteal.html
THIS IS POSSIBLY THE CASE OF THE MILLENNIUM!
We must investigate the investigators!
The Global Elite Are Hiding 18 Trillion Dollars In Offshore Banks. Follow the money!
http://theeconomiccollapseblog.com/archives/the-global-elite-are-hiding-18-trillion-dollars-in-offshore-banks
It would be the same gang of thugs who would commit both forms of ORIGINATION FRAUD. THE SAME INSIDE RACKETEERS. THE SAME LAWYERS., THE SAME ORIGINATORS, THE SAME INSIDE THE BANK LOAN OFFICERS/UNDERWRITERS, THE SAME VA LOAN GUARANTEE OFFICER! THE SAME RACKET!
The cover up would appear far more AGGREDIOUS THEN ON THE SURFACE! AND FAR MORE REVEALING UPON APPLYING LOGIC!
PROSECUTE THE ATLANTA VETERANS ADMINISTRATION LOAN GUARANTEE OFFICER!
‘…You lie, misrepresent, mislead, commit fraud, aid & abet, fail to inspect and perform significant due diligence – you pay steep fines AND go to jail. Period. You fail to report or blow the whistle – you are an accomplice, you too pay fines AND go to jail…’ http://deadlyclear.wordpress.com/2011/11/26/1448/
DOJ: FOLLOW THE MONEY! WHY WOULDN’T/DIDN’T YOU? THE VA LOAN GUARANTEE OFFICER IS A GOVERNMENT EMPLOYEE! NOT LIKE FDIC AND FANNIE MAE AND FREDDIE MAC EMPLOYEES WHO NOT GOVT EMPLOYEES! SO WHAT IS GOING ON THAT THIS CASE WAS FILED IN 2006! 5 YEARS IS A LONG TIME TO COVER UP MAJOR CRIMES! FAILURE TO PROSECUTE IS TO BECOME AN ACCESSORY AFTER THE FACT!
CHAPTER I: DEPARTMENT OF VETERANS AFFAIRS Part 0: Standards of ethical conduct and related responsibilities
http://cfr.vlex.com/source/code-federal-regulations-pensions-bonuses-veterans-relief-1087
Money laundering and tax evasion on a massive scale. and CONVERSION. IMHO
CHAPTER I: DEPARTMENT OF VETERANS AFFAIRS
Part 0: Standards of ethical conduct and related responsibilities
http://cfr.vlex.com/source/code-federal-regulations-pensions-bonuses-veterans-relief-1087
MATT WEIDNER | WAKE UP AMERICA… TIME TO START PAYING ATTENTION AND DOING SOMETHING! (VIDEO)
That is fraud. They need to be prosecuted.
How can it be stated that this case was investigated since 2006, yet they do not know how much money was stolen? Can it be then understood they do not know to whom it went? WHAT GIVES!? The DOJ claims to know little of this case! Yet they have had since 2006 to decide not to prosecute based upon INVESTIGATION?.WHO INVESTIGATED THIS CASE? There has been too many years to implement a COVER-U , OBSTRUCTION OF JUSTICE. Why wait until 2011 to unseal the 2nd AMENDED Complaint!
Money laundering and tax evasion on a massive scale. IMHO.
http://www.mbac.org/cms_bwm/uploads/78.pdf
http://www.mbac.org/cms_bwm/uploads/78.pdf
Is well concealed organised TREASON emanating from a rogue ‘clique’ operating from within the Atlanta Veterans Administration Loan Guarantee office?
Breaking News! California Governor And Attorney General Get Served! Breaking News!
Judges disqualified for corruption!
http://beforeitsnews.com/story/1234/335/California_Governor_And_Attorney_General_Get_Served.html
Igor, it is about time!!…We have been screaming on here for quite a while now that these judges are filthy…
Occupy needs make this a demand! Nationwide!
“God help any bank that takes this case to trial,” Burns said.
“A jury’s only question is going to be ‘How much do they have?’ ” – Damn RIGHT Mr. Burns! We DEMAND a CRIMINAL TRIAL on behalf of EVERY American Veteran and Taxpayer!
The VA Loan guarantee officer SWEARS AN OATH OF OFFICE to the USA not BOA! He is NOT a BANKER, and the VA is NOT a BANK! This is a sacred trust that the USA has with its veterans and taxpayers. Its VERY different in ALL respects to the FDIC, SEC, FANNIE MAE, FREDDIE MAC. At every level.
THOUSANDS of fraudulent loans yet the Atlanta VA Loan guarantee officer NEVER saw ONE SUSPECT LOAN document?
Possibly it was collusion of: Bank loan offers (‘BANKS’) + loan brokers + VA Loan guarantee officer (‘VA’)+ high powered lawyers protection racket.
If we don’t know how much money was stolen, how can we know where the money went? How much of the actual money did the actual lending banks actually receive out of this, IF ANY, versus how much did the lawyers, and the VA loan guarantee officer and the loan brokers and loan officers get?
Why would the actual bank (not the banks loan officer) KNOWINGLY commit fraud in a loan that by that very fraud, negates the GUARANTEE to the banks of that loan? THIS SMELLS!
It would APPARENTLY seem that this case is more likely about a racketeering enterprise involving the VA Loan Guarantee officer in Atlanta Decatur GA), high powered attorneys in Atlanta (Decatur -Dekalb County GA), loan officers at banks, and loan brokers.case Why doesn’t the DOJ want to FOLLOW THE MONEY and recover the stolen funds for return to the US tax coffers? Why allow a law firm to handle such a Federal Criminal case. This really is serious. We all must demand that this case be prosecuted by the DOJ and we must get answers. Lawyers cannot be expected to put fellow lawyers in the cross-hairs of the Federal Govt! Its not right to expect them to do it! They would protect the lawyers. So if the lawyers are part of the racket, it would seem to make it impossible to get this case investigated! A lawyer involved in Federal Crime is not involved in state licensing ethics issues, or state legal issues.A lawyer involved in Federal Racketeering is a RACKETEER operating UNDER COVER OF A LAW LICENSE, thus he is not a lawyer at all in this regard. Only operating UNDER COVER OF LAWYER! Thus this APPARENT RICO CASE MUST BE PROSECUTED BY THE FEDS! None of this makes sense no matter how its looked at! This case MAY be the NEXUS that can break the grip of the Mortgage Fraud Racket. We need to demand that the ORIGINAL and 1st Amended Complaints be released! This is a different beast then Fannie Mae or Freddie Mac or the FDIC. Far different. IMHO
http://www.washingtonpost.com/politics/suit-alleges-banks-and-mortgage-companies-cheated-veterans-and-us-taxpayers/2011/10/04/gIQATp4RLL_story.html
It’s time to put these crooks in jail and revoke their banking license ~ Say NO to the Eric Holder [US Attorney Gen] planned Settlement BS ~ This would allow these known crooked banks to escape prosecution by not admitting to their fraud but admitting to “documentary irregularities” [this description is not in the Black’s Law Dictionary – hee hee] so this would be a slap-on-the-wrist and a monetary fine [that their customers would have to pay] and back to their fraudulent money creation business as usual ~
I say NO TO SETTLEMENTS ~ disavow their Fed Res protection and leave them fair game for each of their mortgage victims to have their own one-on-one day in a proper court of law with a trial by jury and not a bank-bought judge to make law from the bench ~~
New Movie uncovering more…..
Margin Call opening later this month…
http://margincallmovie.com/
Trailer here…..
http://www.imdb.com/video/imdb/vi1070504985/
What was behind the Dekalb County GA Clerk of Superior Court allegedly being set up to ‘loose’ her job earlier this year? Is it somehow tied up in all this? Can’t seem to find anything about it anymore. Are things are being ‘cleaned up’, ‘laundered’?, so to speak?.
http://www.abajournal.com/news/article/georgia_court_clerk_with_alzheimers_says_she_was_tricked_into_resigning/
It is imperative we see the FIRST TWO COMPLAINTS! The original and the 1st amended complaint. This may be a type of redaction! Thus its release! There must be more to this! How can these frauds be perpetrated for so long without the COLLUSION OF THE VA LOAN ‘GUARANTEE’ OFFICER?! COVER UP? IMHO.
Okay, why was this case “sealed” to begin with? To protect the guilty? I’m glad the dirty dealings of the banksters are finally exposed to the light of day. I’m just no longer surprised at any of the activities of these white collar criminals. How low can they go?
Possibly it was sealed to give the perps within the VA time to cover their tracks.
Exactly. It wasn’t sealed to “help” the plaintiffs in any way.
AG’s and asst AG’s are attorneys, well connected. They have clients who are likely criminal defendants in these investigations. They a have a conflict of interest.
VA loan guarantee office INSIDE JOB!