According to court documents regarding the lawsuit, the purpose for seeking legal remedy is: 1. The deceptive and coercive methods employed by the mega-banks named to facilitate the injured parties’ participation in the loans and mortgages 2. The fraudulent and illegal use of MERS 3. Breach of plaintiff’s statutory rights 4. Purposeful violation of consumer and homeowner protect statues 5. Processing money from unknown sources in contravention of the Patriot Act of 2001 6. Foreclosing upon and accepting monies for assets that do not exist The lawsuit states that there was a “a systemic fraud on thousands of investors” concerning the mortgage-backed securities first purvey by Bear Stearns, who was later acquired by JPMorgan Chase as part of the US governmental bailout of the banks after the 2008 crash. These securities were sold, according to the lawsuit, willfully and with intent by the seller to defraud and deceive investors. Because the securities were a combination of home mortgages, credit card debt and student loans which were bundled together and sold on the global markets after given a fake triple A rating. Some of the mega-banks named in the lawsuit are: • JPMorgan Chase • Wells Fargo • Wachovia • Citigroup • US Bancorp • Ally Financial • GM Acceptance Corporation • One West (owned by George Soros • HSBC • Deutsche Bank • PNC Bank • Bank of America • Bear Stearns Many foreign and overseas banks were named in the suit in conjunction with the mega-banks – pointing to the fact that financial institutions like JPMorgan Chase, Deutsche Bank, and others were using offshore banks to hide their monies acquired by the mortgage-backed securities scam. In essence, these financial institutions took monies from mortgage-holders, funneled it to offshore bank accounts and then after securitizing the loans, took the actual property from the individuals. The complaint states that the Ponzi scheme concocted by the banksters was “the largest scheme in US history where domestic banking institutions – on an international basis” conspired together with the common purpose of engaging in a “worldwide scheme to steal, rob and convert the personal property, money and proceeds of such assets of each Plaintiff herein” with the obvious purpose of a conspiratorial “decade-long systematic conversion . . . that damaged millions of borrowers across the US.” This massive money laundering scheme was fostered by the Obama administration who gave the biggest bailout to the technocrats in the US. Indeed, Bank of America is instrumental in prospects that involved foreign countries in the largest global Ponzi scheme with the intention to steal and covert billions of dollars from millions of homeowners across America. This lawsuit and the tragic death of two children are connected. The truth of this lawsuit would bring down the greatest financial hoax of this century. The technocrats are willing to murder two innocent babies of a man who published the lawsuit on CNBC, because keeping the truth hidden is worth more to them than the lives of anyone possibly connected to the truth. Pay attention to the developments of this lawsuit. This may be our diamond in the rough. - See more at: occupycorporatism/home/the-43-trillion-bankster-lawsuit-and-the-mysterious-murder-of-two-ny-toddlers/#sthash.7kWYzCJB.dpuf
Posted on: Sat, 05 Jul 2014 04:46:49 +0000
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