Friday, March 22, 2013
America Lost: Now your knowledge is power
America Lost: Now your knowledge is power: If you can answer even one question below turn the bank in. Knowledge is power and its right here. How to Report TARP Fraud and How ...
Now your knowledge is power
If you can answer even one question below turn the bank in. Knowledge is power and its right here.
How to Report TARP Fraud and How to Report Bailout Program Fraud
Posted on 18 February 2013.
The government poured nearly $3
trillion into TARP and a dozen other new Bailout Programs. It is
estimated that between 10 percent and 30 percent of these funds are lost
to TARP fraud and Bailout Program fraud. That means TARP fraud and
bailout fraud exceed $500 billion.
This article shows you how to report Tarp and bailout fraud and earn a sizeable reward in the process.
The Department of Justice whistleblower reward program needs you to step forward if you have inside information to prove a company is cheating under TARP, Bailout programs, or any other misuse of federal government funds. In addition, the IRS is asking you to report companies that engage in financial trickery to significantly underreport taxes. Both the DOJ and IRS government reward programs pay you a portion of what the government collects as a result.
Below are examples of TARP Financial Fraud
- Using collateral already in default or that is from a fraudulent loan
- Lying about or overstating the value of property or dept rating
- Claiming the balance sheet is only levered 30 to 1 when it is not
- Hiding assets off-shore or overseas
- Having a separate balance sheet offshore or overseas
- Using overseas “shell” banks
- iding liabilities through the use of Special Purpose Vehicles (SPVs)
- iding liabilities through the use of Structured Investment Vehicles (SIVs)
- Concealing contingent liabilities
- Overstating assets or understating liabilities
- Inflating earnings
- Disguising loans that should be classified as debt
- Booking ordinary expenses as capital expenses
- Mis-stating debt
- Stealing from government accounts
- Charging the government hidden fees that were not allowed• Failing to credit the government with interest or gains
- Using fake capital loss transactions or back dating trades
- Selling fake capital loss transactions to corporate clients and high net worth individuals
It’s unspeakable to cheat during a financial crisis. That’s why the U.S. Department of Justice is offering huge monetary rewards for reporting Tarp and bailout fraud.
The government will pay up to 30% of what it recovers based upon your report of TARP or bailout fraud. That often amounts to over a million dollar reward. The largest rewards top $100 million.
However, knowing how to report TARP or bailout fraud is just as important as knowing about TARP or bailout fraud. First, you must use a lawyer to file for a monetary reward under the federal False Claims Act. You must also strictly follow the government’s rules and process. You can’t simply call a hotline, but must file specific filings in federal court. That’s why you must use an attorney experienced with the False Claims Act. (They use a contingency fee so you won’t have out of pocket costs.) It is worth the effort because you can help salvage the broken system, stop cheaters, and ge a significant monetary reward. It’s time for you to learn how to report TARP or bailout fraud and step forward.
Written By: Joel Hesch, Esq
Joel Hesch spent 15 years as an attorney in the Fraud Division of the Department of Justice (1990-2006) administering the national whistleblower reward program. He is the author of a recent book, Whistleblowing: A Guide to Government Reward Programs (How to Collect Millions of Dollars for Reporting Fraud). He is currently a law school professor and represents whistleblowers filing for monetary rewards for reporting fraud. Please visit his informative website, www.HowToReportFraud.com, to learn more about government reward programs.
Thursday, March 21, 2013
America Lost: Looks like the crooks have a new scam in place
America Lost: Looks like the crooks have a new scam in place: U.S. Bancorp (USB), the nation’s largest regional bank, agreed to buy Deutsche Bank AG (DBK)’s municipal bond trustee business. Terms were...
Looks like the crooks have a new scam in place
U.S. Bancorp (USB), the nation’s largest regional bank, agreed to buy Deutsche Bank AG (DBK)’s municipal bond trustee business. Terms weren’t disclosed.
The deal, expected to be completed in the third quarter, will add about $57 billion to the $3 trillion in assets under administration by U.S. Bancorp’s corporate-trust division, the Minneapolis-based lender said today in a statement. The transaction will build on the bank’s trust business in California, Mississippi, New York, Tennessee and Texas, according to the statement.
U.S. Bancorp Chief Executive Officer Richard Davis, 55, has said part of the firm’s acquisition strategy will be focused on its payments and trust businesses. The company added about $25 billion in hedge-fund assets under administration through the purchase of AIS Fund Administration in November. Trust and investment-management fees increased 5.5 percent last year to $1.06 billion from 2011.
“This acquisition is consistent with U.S. Bank’s ongoing commitment to continued strategic business investments and its commitment to corporate-trust services,” Bryan Calder, president of U.S. Bancorp’s global corporate-trust services, said in today’s statement.
To contact the reporter on this story: Laura Marcinek in New York at lmarcinek3@bloomberg.net
To contact the editor responsible for this story: David Scheer at dscheer@bloomberg.net
Well Well Well.. so the fraud comes home to roost. Now it couldn't be that US Bank agreed to this deal because of the trustee position it has with alot of private NPL investors now would it? And that a majority of them NPL came from illegal gains from Deutsche Bank..through Washington Mutual and Long Beach or Wells Fargo..who bought servicing from Wamu in 2007 .. I see a bait and switch game going on here. SEC are you watching? CFPB are you watching? Occ are you watching? FDIC are you watching? Or are all the above gonna play see no evil , speak no evil, hear no evil again? Fraud is fraud, no matter how deep these banks NAMELY DEUTSCHE tries to hide it. Its time these people who are suppose to protect us start looking deeper into how these to big to fail banks are operating. Pam I am so sorry what your going through, contact all the above , the SEC, The FDIC,The OCC, and The CFPB .. file reports ..contact your state Senators, and Congressmen, let them know what is happening, DON'T BE SILENT.. and keep filing them. People need to report the abuse these banks are doing. These private NPL investors that banks are using for these bonds etc.. are trying the bait and switch to bury the fraud from the original note. Don't let them ,report them. Don't stand down Pam, fight!! Deutsche Bank should NOT be allowed to do business in this country period! All big banks need to be dismantled before they do more harm, which FYI has already begun.
Pam Ragland 2 days ago US Bank - sold my home of 19 years that had equity in it illegally under a restraining order, admitted they knew I had a restraining order (at the time, later they tried to deny it), knew my home loan was forged (professionally) so my loan could be swapped to one of those bad loans from what I was promised, and has been fighting since 12/2008 to first kick me out of a house they did not have the legal right to sell -- at Christmas -- and now keep from paying me for what they stole. Now, with no hope of ever getting my house back, knowing how much this has cost me as a single mom and devastated my kids and family, and the CA Appeals Court ruling they were restrained from selling my home in a landmark published ruling -- they keep trying to cheat me and keep from paying me what they should. Recently they tried to limit their damages in court. They continue to bully people around who have legitimate claims. I have people all over the net telling me horror stories. If you do any kind of business with US Bank, BUYER BEWARE!! Find out more at http://www.RaglandVUSBank.com
Well Well Well.. so the fraud comes home to roost. Now it couldn't be that US Bank agreed to this deal because of the trustee position it has with alot of private NPL investors now would it? And that a majority of them NPL came from illegal gains from Deutsche Bank..through Washington Mutual and Long Beach or Wells Fargo..who bought servicing from Wamu in 2007 .. I see a bait and switch game going on here. SEC are you watching? CFPB are you watching? Occ are you watching? FDIC are you watching? Or are all the above gonna play see no evil , speak no evil, hear no evil again? Fraud is fraud, no matter how deep these banks NAMELY DEUTSCHE tries to hide it. Its time these people who are suppose to protect us start looking deeper into how these to big to fail banks are operating. Pam I am so sorry what your going through, contact all the above , the SEC, The FDIC,The OCC, and The CFPB .. file reports ..contact your state Senators, and Congressmen, let them know what is happening, DON'T BE SILENT.. and keep filing them. People need to report the abuse these banks are doing. These private NPL investors that banks are using for these bonds etc.. are trying the bait and switch to bury the fraud from the original note. Don't let them ,report them. Don't stand down Pam, fight!! Deutsche Bank should NOT be allowed to do business in this country period! All big banks need to be dismantled before they do more harm, which FYI has already begun.
Pam Ragland 2 days ago US Bank - sold my home of 19 years that had equity in it illegally under a restraining order, admitted they knew I had a restraining order (at the time, later they tried to deny it), knew my home loan was forged (professionally) so my loan could be swapped to one of those bad loans from what I was promised, and has been fighting since 12/2008 to first kick me out of a house they did not have the legal right to sell -- at Christmas -- and now keep from paying me for what they stole. Now, with no hope of ever getting my house back, knowing how much this has cost me as a single mom and devastated my kids and family, and the CA Appeals Court ruling they were restrained from selling my home in a landmark published ruling -- they keep trying to cheat me and keep from paying me what they should. Recently they tried to limit their damages in court. They continue to bully people around who have legitimate claims. I have people all over the net telling me horror stories. If you do any kind of business with US Bank, BUYER BEWARE!! Find out more at http://www.RaglandVUSBank.com
America Lost: Time for mortgage loan file reviews.
America Lost: Time for mortgage loan file reviews.: Its time to have them loan files reviewed by experts . Here is a great place to start . Or to specify a state and look at the resumes and c...
Time for mortgage loan file reviews.
Its time to have them loan files reviewed by experts . Here is a great place to start .
Or to specify a state and look at the resumes and contacts go here
http://www.almexperts.com/category/Handwriting-&-Document-Analysis/GenExpert/1125831
Here's some I found below . I liked what I saw here.
http://www.appliedforensics.com/Contact
Contact Experts
NEW YORK OFFICE
1975 Hempstead Turnpike, Suite 407
East Meadow, NY 11554
Tel: (888) 883-1352
(516) 826-6429
Fax: (516)409-0285
WASHINGTON DC OFFICE
5268G Nicholson Lane #125
Kensington, MD 20895
Tel: (888)883-1352
(202)657-5187
Fax: (301) 560-6597
BOSTON OFFICE
75 Arlington Street, Suite 500
Boston MA 02116
Tel: (888) 883-1352
(617) 523-2959
Fax: (617) 249-0419
CONNECTICUT OFFICE
406 Farmington Avenue
Farmington,CT 06032
Tel: (888) 883-1352
(860) 331-8228
Fax: (860) 606-9583
NORTH CAROLINA OFFICE
8116 South Tryon Street Suite B3-220
Charlotte, NC 28273
Tel: (888) 883-1352
(704) 557-0230
Fax: (704) 943-0623
America Lost: A story worth hearing
America Lost: A story worth hearing: Here is a story worth hearing . http://www.raglandvusbank.com/
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