Tuesday, April 5, 2011

DID THE BIG BANKS VIOLATE THE RICO ACT?

Symbol of Greed
Sixty Minutes has revealed to America what we as borrowers fighting to save our homes have always known -- the big banks have perpetrated and intentionally engineered a massive fraud that affects every homeowner and borrower across America.  This is Not about getting a free house.  This is now all about "High Crimes and Misdemeanors" against the common man.  This is all about greed.

In what manner might the big banks such as Washington Mutual Bank, Washington Mutual Bank FA, and their alleged successor JPMorgan Chase Bank, NA have violated the RICO Act?  Have their affiliates Lender Processing Services and California Reconveyance Company violate the RICO Act? 

Was the FDIC in collusion with these organizations in any way?  What did FDIC Chairman Sheila Bair know and when did she know it -- why does she evade any questions of criminal behavior within the banks and FDIC?

Try the following on for size:
1. Mail and wire fraud.
2. Extortionate credit transactions.
3. Obstruction of justice.
4. Interference of commerce.
5. Laundering of monetary instruments.
6. Monetary transactions in property derived from specified unlawful activities.
7. Relating to trafficking in goods and services bearing counterfeit marks.
8. Fraud in the sale of securities.

Who within these Wall Street banks was aware of the fraudulent robo-signing of the mortgage documents? Who authorized the virulent Robo-signing? We need names!! We need correspondence and internal documentation.

I refer you to the following article to learn more.

http://www.senseoncents.com/2011/04/did-wall-street-violate-the-racketeering-act/

Borrowers of Washington Mutual Bank & WAMU FA and victims of JPMorgan Chase Bank have asked that the Office of the Attorney General in California consider possible RICO violations before entering into any settlement with the banks. A complete investigation conducted by law enforcement needs to be done at once of all the major banks, FDIC, the OCC, and the OTS. 




We again ask for an immediate moratorium on all foreclosures in the state of California until these matters can be fully investigated and resolved.

Lexis Nexis article about RICO 

RICO Lawsuit in Georgia 

http://4closurefraud.org/2011/03/22/dianna-montez-v-chase-home-finance-and-jpmorgan-chase-keller-rohrback-l-l-p-announces-class-action-complaint/ 

http://www.youtube.com/watch?v=a6AnHt0TIeU 

IT IS TIME FOR THE BANKSTERS TO GO TO JAIL WHERE THEY BELONG!

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