Financial Robbery Mechanics AKA BANKSTERS 101 SETTING UP THE PIGEONS https://youtu.be/CkMt4ddN7nI
Doesn’t George get it that politics in the age of Trump is a criminal enterprise, that politicians are no different from gangsters? They don’t go to the FBI and turn each other in. They don’t report crimes. They commit them
The Great American Laundromat
Real Estate and Money Laundering 101
SELF REPORTING SARS Ha Ha Ha Ha Ha
There’s always a Florida connection — More from NYT: “[Tammy] McFadden, a longtime anti-money laundering specialist in Deutsche Bank’s Jacksonville office, said she had reviewed the transactions and found that money had moved from Kushner Companies to Russian individuals. … On two palm-tree-lined campuses in Jacksonville, Deutsche Bank has thousands of employees who vet customers and transactions. HER and Six current and former bank employees there said the operations were deeply troubled.”
As Banksters WALTZ OFF WITH TRILLIONS https://youtu.be/FTnRbLBOIe8
The VAST DIRTY MONEY MACHINE associated with the LDS / MORMONS Donald J. Trump, the Clintons, Bushs, Obama and the USA Inc. TRILLIONS UP IN SMOKE
The TRIAD and Martin Harris’s Hat … SEER This Joe Smith … The …
https://americalooted.wordpress.com/the-triad-and-martin-harriss-hat-seer-this-the-mo…
Web results
THE VAST INTERNATIONAL MONEY LAUNDERING RACKETS EXPLAINED see Cause No. 2:19-CV-005 Eastern District Tennessee US District Court
3 Days Ago IMAGINE THAT 3 Whole Days
April 3rd 2019 Deutsche Bank Continues to Launder Billions
https://www.youtube.com/watch?v=ksZSl4T0WNs
Lets Talk DIRT DEALING Donald Trump, Bring Obama the Bushes and Clintons with You
Deutsche Bank’s
Running Tab of Investigations
GAME OVER <—<<< https://www.bing.com/search?q=trillions%20looted%20toxic%20zombie%20land%20swindles&qs=ds&form=QBRE
It seems that DON MAFIA’s Financiers are as DIRTY as They Come
GAMES OVER …. SWAMP DRAINING STARTS NOW
VANISHING TRILLIONS Everything is Rigged
TRUMP needs to PROSECUTE THE BANKSTERS especially the One’s that FINANCE HIM ” Make America MOB Again “
HOCUS POCUS DOJ FBI Racketeering
The BANKSTERS Own the White House and DOJ…
Deutsche Banksters the Rap Sheet that Never Ends
The Largest Financial SWINDLES and CRIMES in History
The TRIAD and Martin Harris’s Hat … SEER This Joe Smith … The Mormon MAFIA and the Deep State
Former US Secret Service Agent RICK WILLIAMS ….. Conoco Phillips Oil WOODLANDS TEXAS
I’ll Take Real Estate Schemes for Trillions Alex ……. http://www.bing.com/search?q=Real+Estate++Fraud++Trillions+Looted
FBI and DOJ with Secret Service are 100% CORRUPT AS ALL HELL …..https://www.bing.com/search…
UBS HSBC Mortgage Fraud Money Laundering – Bing
You Know Witham makes very very good points
Dear President Trump ….. DAN SCAVINO lets talk DIRT DEALING and MONEY LAUNDERING https://www.bing.com/search?q=Money%20Laundering%20Bank%20Looting%20Real%20Estate%20Speculation%20Trillions%20Looted&qs=ds&form=QBRE
ENJOY THE SHOW
Real Estate Fraud Trillions Looted Bank Panic http://www.bing.com/search?q=Real+Estate++Fraud++Trillions+Looted+Bank+Panic&qs=n&form=QBLH&pq=real+estate+fraud+trillions+looted+bank+panic&sc=0-0&sp=-1&sk=&cvid=693209785FB34202B29D11883C29005C
From Gulf Manor Airport and the CIA to the 26th Floor of the Houstonian Estates … 33,000 Destroyed Emails and more than 1.5 Million Lay Dead … This is the ACTUAL STORY … The TRUTH
IT’s A GLOBAL CRIME SCENE
Funded in VERY LARGE PART by Laundered Money
These Perpetrators Fund LOTS of Politicians and Their Campaigns IT’s a GIANT Campaign Finance ORGY a GREAT BIG DAISY CHAIN
Deutsche Bank
By Philip Mattera
Deutsche Bank’s position as one of the world’s leading financial institutions has been repeatedly tarnished in recent years in a series of scandals involving issues such as tax evasion and the sale of toxic mortgage securities. It has paid more than $3 billion in penalties related to allegations of violating U.S. economic sanctions and manipulating the LIBOR interest rate index.
Founded in Berlin in 1870, Deutsche Bank played a major role in financing electrification and railway expansion in Germany as well as other countries. It continued to grow until Germany’s defeat in the First World War and Allied demands for reparations put the country’s banking system in a precarious position. To cope with the instability, Deutsche Bank merged with its main rival Disconto-Gesellschaft in 1929. The combined operation, now far and away the leading bank in Germany, weathered the Depression and ensured its political survival through the war years by providing financial support to the Nazi regime and removing the Jewish members of its board directors.
After the war, Allied authorities determined that Deutsche Bank had not only actively supported the Nazi regime but had also maintained close ties to officials such as SS chief Heinrich Himmler and had been involved in appropriating assets of financial institutions in countries overrun by the Nazis. The occupying forces divided the bank first into ten and then three regional institutions, one each for the north, central, and southern regions of West Germany. In 1957, however, the operations were reunited and allowed to function under the Deutsche Bank name once again.
The bank set out to build both its retail business and its international operations, which had been dismantled after the war. It became one of the leading participants in the Eurobond market. Deutsche Bank expanded its investments in a wide range of German companies, and the bank soon held seats on the supervisory boards of more than 100 firms, among them the biggest names in German industry. In 1984 Deutsche Bank purchased a 4.9 percent interest in the British securities firm Morgan Grenfell, and five years later purchased the remainder of the firm.
By the late 1980s Deutsche Bank was actively pursuing a goal of becoming a global investment bank and a Europe-wide universal bank, offering corporate and consumer services as well as mutual funds and asset management. The bank demonstrated its new assertiveness in 1990, when it wasted no time taking advantage of the collapse of Communism in East Germany by forming a joint venture with Deutsche Kreditbank (which four decades earlier had expropriated many Deutsche Bank operations). Along with its rival Dresdner Bank, Deutsche Bank left U.S. banks in the dust in the rush east.
Nazi Collaboration Again an Issue
Deutsche Bank’s Nazi ties became an issue again in 1986, when it purchased the Flick industrial empire around the same time that a Flick subsidiary paid about $2 million to belatedly fulfill a pledge it had made in the 1960s to compensate about 1,300 Jews who had been used as slave laborers in its gunpowder factories during World War II. In 1995 unearthed documents from East Germany provided new documentation of the ways in which Deutsche Bank helped the Nazis expropriate Jewish businesses. The bank later expressed regret when a historian’s report indicated that it had engaged in gold transactions with the Nazi regime.
In 1994 Deutsche Bank found its image tarnished because of its close ties with the giant Jurgen Schneider real estate group, which collapsed amid reports of accounting irregularities. Several Deutsche Bank executives were ousted in the wake of an auditor’s report that found that the bank was careless in its lending of some $750 million to Schneider.
To advance its goal of becoming a global investment bank, Deutsche Bank announced plans in 1998 to acquire New York-based Bankers Trust. Like Deutsche Bank, Bankers Trust was testing the limits of what a commercial bank could do, but its aspirations were impeded by a series of scandals. In the mid-1990s those controversies stemmed from charges of deceptive investment sales practices. One of its major institutional customers, Procter & Gamble, brought a racketeering suit that accused Bankers Trust of engaging in fraudulent practices in its derivatives business. (The bank settled the case for about $200 million.)
Just a few months after the Deutsche Bank acquisition was announced, Bankers Trust pleaded guilty to criminal charges that its employees had diverted $19 million in unclaimed checks and other credits owed to customers over to the bank’s own books to enhance its financial results. The bank paid a $60 million fine to the federal government and another $3.5 million to New York State. One executive later pleaded guilty to a related criminal charge.
Abusive Tax Shelters
Deutsche Bank was also having its own legal problems during this period. In June 1998 its offices were raided by German criminal investigators looking for evidence that the bank helped wealthy customers engage in tax evasion. In 2004 investors who purchased what turned out to be abusive tax shelters from Deutsche Bank sued the company in U.S. federal court, alleging that they had been misled (the dispute was later settled for an undisclosed amount). That litigation as well as a U.S. Senate investigation brought to light extensive documentation of Deutsche Bank’s role in tax avoidance.
In the 2000s, Deutsche Bank was cited numerous times by financial regulators for violations. In 2002 three U.S. agencies—the SEC, the New York Stock Exchange and NASD (the U.S. industry regulator now known as FINRA)—fined Deutsche Bank Securities $1.65 million for failing to adhere to requirements relating to the preservation of e-mail archives so they could be consulted in enforcement actions. In 2003 the SEC penalized Deutsche Bank $750,000 for violating conflict of interest rules by failing to disclose its role in advising Hewlett-Packard on the acquisition of Compaq Computer at the same time that its asset management arm was voting its clients’ proxies in favor of the deal.
In 2004 Britain’s Financial Services Authority fined Deutsche Bank’s Morgan Grenfell unit £190,000 for violating rules relating to program trading. Shortly thereafter, NASD fined Deutsche Bank $5.29 million for taking excessive commissions in the allocation of shares of initial public offerings and later that year fined the bank $5 million for corporate high-yield bond trading violations. Also in 2004, the SEC announced that Deutsche Bank would pay $87.5 million to settle charges of conflicts of interest between its investment banking and its research operations.
In 2005 the Federal Reserve and the New York State Banking Department announced that Deutsche Bank had agreed to take steps to improve its policies designed to prevent money laundering by customers. In 2006 the Financial Services Authority fined Deutsche Bank £6.3 million for “failing to observe proper standards of market conduct” in transactions involving shares of Scania and Cytos Biotechnology. That same year, Deutsche Bank agreed to pay $208 million to U.S. federal and state agencies to settle charges of market timing violations.
During this period, Deutsche Bank chief executive Jose Ackermann personally paid 3.2 million Euros to settle criminal charges that he and other directors of the German telecommunications company Mannesmann awarded excessive bonuses to Mannesmann executives.
In 2007 Deutsche Bank agreed to pay $25 million (and give up $416 million in unsecured claims) to settle litigation relating to its dealings with bankrupt energy trader Enron Corporation.
In 2009 the SEC announced that Deutsche Bank would provide $1.3 billion in liquidity to investors that the agency had alleged were misled by the bank about the risks associated with auction rate securities. Also that year, Deutsche Bank came under sharp criticism in the wake of revelations that it had used a private detective to spy on activist investors as well as some people inside the bank. Several executives were fired amid the scandal.
In 2010 FINRA fined Deutsche Bank Securities $575,000 for violating rules relating to short sales and then $7.5 million for “negligently misrepresenting delinquency data” in connection with the subprime mortgage securities.
Later that year, the U.S. Attorney for the Southern District of New York announced that Deutsche Bank would pay $553.6 million and admit to criminal wrongdoing to resolve charges that it participated in transactions that promoted fraudulent tax shelters and generated billions of dollars in U.S. tax losses.
In July 2014 the U.S. Senate Permanent Subcommittee on Investigations accused Deutsche Bank and Barclays of helping hedge funds use dubious financial products to avoid paying more than $6 billion in taxes.
In December 2014 federal prosecutors brought suit alleging that Deutsche Bank had fraudulently used shell companies to evade taxes on a transaction that had taken place in 2000. The suit claimed that the bank owed the federal government $190 million in taxes, penalties and interest.
Dealing in Toxic Securities
In 2011 the Financial Services Authority fined Deutsche Bank’s DB Mortgages unit £840,000 for “irresponsible lending practices and unfair treatment of customers in arrears”; the agency also secured redress of approximately £1.5 million for DB Mortgages’ customers. That same year, a German appeals court ruled that Deutsche Bank had to compensate a small-business customer for losses incurred as the result of an interest-rate swap. The court concluded that the bank had a “grave conflict of interest” in its dealings with the customer. Also in 2011, the Federal Housing Finance Agency sued Deutsche Bank and other firms for abuses in the sale of mortgage-backed securities to Fannie Mae and Freddie Mac (the case was settled for $1.9 billion in late 2013).
In 2012 U.S. Attorney for the Southern District of New York announced that Deutsche Bank would pay $202.3 million to settle charges that its MortgageIT unit had repeatedly made false certifications to the U.S. Federal Housing Administration about the quality of mortgages to qualify them for FHA insurance coverage.
In late 2012 and early 2013 there were reports that Deutsche Bank was being investigated by U.S. prosecutors for violating sanctions against doing business with countries such as Iran and by prosecutors in several countries for participating in the efforts to manipulate the LIBOR interest rate index. At the same time, German authorities were stepping up an investigation of the bank’s role in tax evasion linked to carbon credits. Deutsche Bank’s offices were raided by prosecutors in late 2012 as part of the probe.
In January 2013 Deutsche Bank agreed to pay a $1.5 million fine to the U.S. Federal Energy Regulatory Commission to settle charges that it had manipulated energy markets in California in 2010.
In February 2013 the bank had to delay the publication of its annual report and call an extraordinary shareholder meeting to respond to challenges by shareholders angry about the company’s legal problems.
In March 2013 Massachusetts fined Deutsche Bank $17.5 million for failing to inform investors of conflicts of interest during the sale of collateralized debt obligations.
In December 2013 Deutsche Bank was fined $983 million by the European Commission for LIBOR manipulation. Later, in April 2015, it had to agree to pay $2.5 billion to settle LIBOR allegations brought by U.S. and UK regulators.
In February 2014 Deutsche Bank agreed to pay the equivalent of about $1 billion to settle a longstanding lawsuit in which the bank had been accused of contributing to the collapse of the Kirch media group in Germany.
In December 2014 FINRA fined Deutsche Bank Securities $4 million as part of a case against ten investment banks for allowing their stock analysts to solicit business and offer favorable research coverage in connection with a planned initial public offering of Toys R Us in 2010.
In May 2015 the SEC announced that Deutsche Bank would pay $55 million to settle allegations that it overstated the value of its derivatives portfolio during the height of the financial meltdown.
The following month, co-chief executives Anshu Jain and Jurgen Fitschen unexpectedly resigned, reportedly under pressure from German regulators unhappy with the way they handled the investigation into alleged manipulation of benchmark interest rates by bank employees.
In November 2015 the investigation of Deutsche Bank’s sanction violations resulted in payments of $200 million to New York State regulators and $58 million to the Federal Reserve.
In December 2016 Deutsche Bank agreed to pay a total of $37 million to settle allegations by the SEC and the New York Attorney General that it mislead clients about order routing.
In January 2017 the bank reached a $7.2 billion settlement of a Justice Department case involving the sale of toxic mortgage securities during the financial crisis.
That same month, Deutsche Bank was fined $425 million by New York State regulators to settle allegations that it helped Russian investors launder as much as $10 billion through its branches in Moscow, New York and London.
In March 2017 Deutsche Bank subsidiary DB Group Services (UK) Limited was ordered by the U.S. Justice Department to pay a $150 million criminal fine in connection with LIBOR manipulation. The following month, the Federal Reserve fined Deutsche Bank $136.9 million for interest rate manipulation and $19.7 million for failing to maintain an adequate Volcker rule compliance program. Shortly thereafter, the Fed imposed another fine, $41 million, for anti-money-laundering deficiencies.
These Perpetrators Fund LOTS of Politicians and Their Campaigns IT’s a GIANT Campaign Finance ORGY a GREAT BIG DAISY CHAIN
Deutsche Banksters the Rap Sheet that Never Ends
It seems that DON MAFIA’s Financiers are as DIRTY as They Come
https://www.cnbc.com/2019/03/19/deutsche-bank-loaned-2-billion-to-donald-trump-over-two-decades-nyt.html
Deutsche Bank’s U.S. Exit
September 10, 2018
In April 2018, The New York Times reported that Deutsche Bank would shift its focus from Wall Street to Europe. A month later, Deutsche Bank confirmed that it was laying off 10,000 U.S. employees. Deutsche Bank leaves a trail of destruction in cities and towns across the U.S. In the last 15 years, Deutsche Bank committed widespread foreclosure fraud, securities fraud, tax fraud and rate-rigging. The bank paid out over $10 billion in settlements with the government and over a billion more to settle lawsuits by pension funds, investment groups, cities and states. Billions in liability remain as securities lawsuits and rate fixing lawsuits work their way through the courts.
During the foreclosure crisis and beyond, Deutsche Bank was the poster child for bad banking and unethical practices. Deutsche Bank was known for its rush to foreclose, and was widely referred to as “America’s Foreclosure King.” Deutsche Bank’s primary tactic was to simply overpower its homeowner opponents. Deutsche Bank relied on the economic reality that most homeowners in foreclosure would default when facing court action. Unable to afford an attorney and unwilling to face a court on their own, the majority of homeowners walked away, abandoning their homes after being served with court documents. Deutsche Bank often employed the shadiest of lawyers, those who would eventually be suspended or disbarred and sanctioned.[1]
In tens of thousands of cases, Deutsche Bank claimed the right to foreclose even though it could not produce the documents that supported its claim. Deutsche Bank claimed that the documents had been “lost, stolen or destroyed.” In the cases where a homeowner did attempt to respond, Deutsche Bank often simply dismissed the action it had filed, then came back a few months later, when the homeowner’s economic situation had become even more desperate.
When Deutsche Bank won in court, most neighborhoods lost. Deutsche Bank often abandoned the homes they had successfully claimed and left them to deteriorate. In 2008 and 2009, Deutsche Bank often owned more homes than any property owner in many counties. In three counties in South Florida in 2011, Deutsche Bank owned more than 1,400 homes.[2] Neighbors posted signs in front of houses owned by Deutsche Bank: “Rats in there, Bank don’t care.” Cities and counties regularly sent crews to houses owned by Deutsche Bank, to board up the smashed windows, cut the overgrown grass and weeds, and post “No Trespassing” signs. The cities filed liens against the properties for the expense of these maintenance efforts, and the liens piled up along with the debris.
In 2011, the City of Los Angeles, the second largest U.S. city, sued Deutsche Bank, the world’s 4thlargest bank, calling the bank a slumlord.[3] The city claimed that Deutsche Bank took title to more than 2,000 residential properties, but then allowed those vacant properties to turn into nuisances. According to the city, Deutsche Bank failed to maintain occupied properties, and illegally evicted tenants when a sale finally became possible. Deutsche Bank blamed the loan servicers, but eventually settled with the city for $10 million.
In 2018, the National Fair Housing Alliance (“NFHA”) and 19 Civil Rights Groups sued Deutsche Bank for race discrimination in 30 metropolitan U.S. areas, claiming that Deutsche Bank purposely failed to maintain its foreclosed bank-owned homes in middle and working class African American and Latino neighborhoods, while properly maintaining similar bank-owned homes in white neighborhoods. The lawsuit[4] included photographic evidence showing a pattern of discriminatory conduct in the maintenance of foreclosed homes. According to the NFHA:
The NFHA conducted an investigation of Deutsche Bank’s practices and examined 1,1,41 properties owned by Deutsche Bank after foreclosure collected evidence on 39 objective aspects of the routine exterior maintenance of each property investigated, and accumulated over 29,900 photographs of the pertinent conditions, such as unsecured doors, damage to steps, handrails, windows and fences, graffiti, the accumulation of trash and mail, and overgrown grass and shrubbery. Plaintiffs’investigation also documented marketing deficiencies, such as the failure to post or maintain appropriate “For Sale” signage, permitting negative signage and warnings to deter prospective buyers (e.g. “Bank-owned,” “Auction” or “Foreclosed” signs), failure to identify a real estate agent/broker or point of contact, failure to adequately display property listings on Realtor/Multiple Listing Services or other web sites, and displaying on-line or other auction sites in different states in lieu of utilizing a local real estate agent/company familiar with the neighborhood. Plaintiffs’ investigation revealed that there are highly significant disparities in the routine exterior maintenance and marketing of the Deutsche Bank-owned homes in communities of color as compared to white communities.
In a listing in a low income neighborhood in West Palm Beach, FL, current as of September 1, 2018, the listing described the Deutsche Bank owned home as follows: “Roof Needs to be Replaced; Ceiling Falling Through the House and Floor Has Structural Problems…The House Should be Demolished and Sold as a Vacant Lot.”[5] Deutsche Bank got a Final Foreclosure Judgment on this property in February 2018 for $288,603. The charges included $19,640 for property preservation. [6]
Deutsche Bank frequently kept foreclosed houses off the market for three to five years after it obtained a foreclosure judgment to delay reporting large losses to investors. Because of the poor maintenance, and resulting deterioration, the houses often sold for less than half of the foreclosure judgments. In many foreclosures resulting in judgments of $1 million or more, Deutsche Bank subsequently sold the homes for less than $500,000, often losing $500,000 to $1.1 million on each resale. These large losses were indicators that the lenders were unrealistic about home values. The homes that backed the loans sold to the trusts were over-valued. The securities companies that formed and sold the trusts ignored their due diligence obligations. Securities companies made money by “shorting” or betting against the products they were marketing to investors.
In the majority of the foreclosure cases, Deutsche Bank itself lost no money because it was acting as trustee of a mortgage-backed trust. Deutsche Bank itself originated over $20 billion in mortgage loans through subsidiaries which it sold to trusts. The subsidiaries included Chapel Funding LLC, DB Products, and MortgageIT, Inc. Deutsche Bank also sponsored trusts through its affiliate, DB Products. From 2004 to 2008, DB Products sponsored 128 RMBS trusts under the names ACE, DBALT, and DMSI, securitizing over $100 billion in mortgage loans.
Deutsche Bank acted as trustee for several thousand trusts holding trillions of dollars in home loans. Lawsuits by the government and by investors followed. In 2011, the Federal Housing Administration, the world’s largest mortgage insurer, sued Deutsche Bank and MortgageIT, alleging that the MortgageIT loans never qualified for federal insurance.[7] At the time of the filing, HUD had paid more than $386 million in claims on more than 3,100 of its FHA-guaranteed mortgages defaulted. More than two-thirds of those mortgages defaulted within two years of origination. When the lawsuit was filed, Manhattan U.S. Attorney Preet Bharara said that Deutsche Bank and MortgageiT “indulged in the worst of the industry’s reckless lending practices.”[8] The complaint sought treble damages on $386 million in claims as well as punitive damages and fines. Deutsche Bank settled the claim for $202 million in 2012.
One month after filing the MortgageIT lawsuit, the Federal Housing Finance Agency (”FHFA”), as Conservator for Fannie Mae and Freddie Mac, filed a lawsuit against Deutsche Bank alleging violations of federal and state securities laws in connection with securities sold to Fannie Mae and Freddie Mac.[9] The case settled in December 2013 for $1.9 billion, with Deutsche Bank paying $1.63 billion to Freddie Mac and $300 million to Fannie Mae.
The largest settlement by Deutsche Bank of a lawsuit brought by the government came in January 2017 when Deutsche Bank agreed to pay $7.2 billion for misleading investors in the sale of mortgage-backed securities. Deutsche Bank agreed to pay a $3.1 billion civil penalty under the Financial Institutions Reform, Recovery and Enforcement act and $4.1 billion in relief to homeowners, distressed borrowers and affected communities. As a part of the settlement, Deutsche Bank admitted that it made false representations and omitted material information from disclosures to investors about the loans included in RMBS securities sold by the Bank.
In one of the largest private entity lawsuits, giant investment firms BlackRock, Inc. and Pacific Investment Management Company (“PIMCO”) sued Deutsche Bank in June 2014. BlackRock and PIMCO also included 564 trusts with over $568.2 billion in original loan balances as defendants. The lawsuit alleged that Deutsche Bank ignored pervasive deficiencies in the loan pools from 2004-2008 and failed to enforce repurchase agreements that were supposed to protect investors from defective loans.[10] Investors claimed that they had lost nearly $90 billion and were likely to incur substantial more losses.
According to the complaint, the loan originators ignored prudent underwriting standards and identified eight originators in particular who together originated over $333.7 billion in loans for the trusts named in the lawsuit: IndyMac Bank FSB, New Century Financial Corporation, Argent, American Home Mortgage Corporation, Impac Funding Corporation, Option One Mortgage Corporation, Fremont Investment and Loan and Wells Fargo. The complaint also alleged that five sponsors in particular were liable for selling the loans to investors: Morgan Stanley, RBS Greenwich, First Franklin, Barclays and Goldman Sachs and that Deutsche Bank knew that the trusts were filled with defective loans and knew of pervasive violations by the loan servicers. Three entities serviced over $283.1 billion in loans: Wells Fargo, IndyMac and Countrywide.
Pension funds were among the first to sue Deutsche Bank in claims related to mortgage-backed securities. The Massachusetts Bricklayers and Masons Trust Funds filed a class action lawsuit[11] alleging the securities that they bought were riskier than represented. The case settled for $32.5 million. In another case including Deutsche Bank as a defendant, The New Jersey Carpenters Health Fund, as lead plaintiff, and the Iowa Public Employees’ Retirement System, a class representative, were among many pension funds that recovered $165 million in March 2017 in connection with losses from securities issued by NovaStar Mortgage.[12] A similar lawsuit involving losses from RALI mortgage-backed securities bought by the New Jersey Carpenters Health Fund settled for $335 million in July 2015.[13]
Commerzbank AG sued Deutsche Bank and fur other banks in December 2015 alleging that Deutsche Bank breached its duties regarding the delivery of the mortgage files to the trusts and its duties regarding providing notice of defaults to investors.[14] According to the suit, Deutsche Bank failed to act prudently when defaults occurred and failed to act when the servicers breached their duties as well. The Commerzbank lawsuits were still working their way through the courts in 2018. Similar suits were filed by the FDIC, and by the National Credit Union Administration Board,[15] Phoenix Light SF Limited and Blue Heron Funding,[16] Royal Park Investments[17] and other investors.
While courts frequently rejected class certification in securities cases, a judge granted class certification in an ERISAcase brought by a large group of Deutsche Bank employees.[18] The employees alleged that Deutsche Bank and others violated their fiduciary duties by including in the company 401(k) plan high-cost investments that profited the bank. Deutsche Bank settled the case in August 2018 for $22 million.
In addition to the many securities lawsuits, Deutsche Bank also faced a lawsuit by the U.S. accusing it of tax fraud.[19] The U.S. Attorney for the Southern District of New York alleged that Deutsche Bank used “a web of shell companies and calculated transactions” to evade paying tens of millions of dollars in taxes.[20] In 2010, Deutsche Bank reached a non-prosecution agreement while admitting it committed criminal wrong-doing by creating fraudulent tax shelters known as Flip, Blips, Cards and Cobra. Deutsche Bank paid $554 million in penalties.
Deutsche Bank also agreed to pay millions to settle Libor (London Interbank Offered Rate) rigging lawsuits. In April 2015, the Justice Department announced that DB Group Services agreed to plead guilty to wire fraud regarding rate manipulation. Deutsche Bank was allowed to enter into a deferred prosecution agreement. Deutsche Bank agreed to pay $2.5 billion to settle the wire fraud charges including $800 million to the U.S. Commodities Futures Trading Commission; $775 million to the Justice Department; and $600 million to the New York Department of Financial Services. Investigators produced emails and online chats showing Deutsche Bank employees requesting changes in the rate to increase their own profitability.[21] The New York Department of Financial Services ordered Deutsche Bank to terminate several high-ranking employees involved in the scheme.
In January 2017, Deutsche Bank was fined $630 million by authorities in the U.S. and the U.K. who alleged that Russia used Deutsche Bank to move $10 billion out of the country because of Deutsche Bank’s failure to control money laundering. According to the U.K.’s Financial Conduct Authority, Deutsche Bank’s anti-money laundering controls were not strong enough to prevent $10 billion from being transferred out of Russia to offshore accounts.
In August 2018, Deutsche Bank settled a case brought by a former executive, Nizar Al-Bassam who was fired after an investigation into the bank’s hiring practices in Russia and whether the bank breached anti-bribery rules by hiring the children of Russian officials to secure new business. Deutsche Bank agreed to pay Al-Bassam his $4.7 million deferred compensation package which it had withheld.
In June 2018, Deutsche Bank agreed to pay $205 million to settle an investigation by New York’s banking superintendent of foreign exchange trading violations by Deutsche Bank. The Superintendent alleged that employees at Deutsche Bank participated in chatrooms where they shared confidential client information, and discussed the manipulation of foreign exchange prices. Traders also were accused of misleading customers by deliberately “underfilling” customers trade orders in order to keep part of a profitable trade for the bank’s own account.
In the investigations of banks and securities companies that sold bad loan pools to investors, a few Deutsche Bank employees became famous. The role of Greg Lippmann, a trader for Deutsche Bank, was analyzed in the Senate Committee Report on the causes of the financial crisis. The committee examined whether certain insiders knew that the mortgage-backed securities market was on the verge of collapse as early as 2005. The Committee obtained Lippmann’s emails in which he made statements abut the poor quality of the underlying loans including “This bond blows” regarding an RMBS security issued by Long Beach. Lippman also said “half of these are crap” regarding another loan pool. Lippmann bragged “I can probably short this name to some CDO fool,” and “I don’t care what some trained seal bull market research person says this stuff has a real chance of massively blowing up.”
In addition to disparaging the market, Lippmann and Deutsche Bank acquired a $10 billion short against the subprime market. When the market collapsed, those funds that suffered some of the biggest losses used Lippmann’s comments to show that Deutsche Bank had knowledge of the risks in the subprime mortgage market, but failed to disclose these risks to investors.
On September 11, 2017, the U.S. filed a civil fraud complaint against Paul Mangione, the former head of subprime trading for Deutsche Bank.[22] The United States alleged that Mangione engaged in a fraudulent scheme to misrepresent the characteristics of loans backing two RMBS trusts that Deutsche Bank sold to investors, resulting in hundreds of millions of dollars in losses. The lawsuit was brought pursuant to the Financial Institutions Reform, Recovery and Enforcement Act of 1989 (FIRREA).
The complaint alleged that Mangione engaged in a fraudulent scheme to sell ACE 2007-HE4 and ACE 2007-HE5 by misleading investors about the quality of the loans backing the securitizations and that Mangione misled investors about the origination practices of Deutsche Bank’s wholly-owned subsidiary, DB Home Lending, the primary originator of loans included in the deals. Mangione approved offering documents for these trusts even though he knew they misrepresented key characteristics of the loans, including compliance with lending guidelines, borrowers’ ability to pay, borrowers’ fraud and appraisal accuracy.
According to the government, the HE4 and HE5 offering documents also falsely represented that DB Home Lending had “developed internal underwriting guidelines that it believe[d] generated quality loans” and that DB Home had instituted a quality control process that “monitor[ed] loan production with the overall goal of improving the quality of loan production.” These representations were designed to instill trust in DB Home’s underwriting processes. According to the complaint, Mangione knew that these statements were false and his conduct was deliberately fraudulent. The complaint was still pending as of September 1, 2018.
In February 2018, Benjamin Solomon, the head trader for Deutsche Bank’s Commercial Mortgage-Backed Securities agreed to pay $165,000 and to serve a 12-month suspension from the securities industry. Deutsche Bank agreed to pay a $750,000 penalty in the case and repay $3.7 million to customers. According to the SEC’s order, customers overpaid for CMBS securities because the bank misrepresented the price the bank paid for the securities. The SEC found supervisory failures by Solomon who allegedly failed to take appropriate action after he became aware of false statements made to customers by Deutsche Bank traders.
No Deutsche Bank officers, or other big bank officers, were criminally prosecuted by the U.S. Department of Justice. The reasons for the failure to prosecute have been analyzed. In February 2011, Matt Taibi wrote “Why Isn’t Wall Street in Jail” for Rolling Stone. In 2013, Frontlineran a segment called, “The Untouchables.” Ted Kaufman wrote “Why DOJ Deemed Bank Execs Too Big to Jail” for Forbes in July 2013. David Dayen wrote “Eric Holder Didn’t Send a Single Banker to Jail for the Mortgage Crisis. Is This Justice?” for The Guardian in September 2014. William D. Cohan examined for the Atlantic “How Wall Street’s Bankers Stayed Outof Jail,” in September 2015 and for The New York Times, “A Clue to the Scarcity of Financial CrisisProsecutions,” in July 2016. Patrick Radden Keefe wrote “Why Corrupt Bankers Avoid Jail,” for The New Yorker in July 2017. Brandon Garrett wrote “Too Big to Jail: How Prosecutors Compromise with Corporations,” Harvard University Press, November 2014, and Jesse Eisenger wrote “The Chickenshit Club,” Simon & Schuster, July 2017.
Lanny Breuer, the assistant Attorney General for the Criminal Division of the U.S. Department of Justice and his boss, former Attorney General Eric Holder, have returned to Covington & Burling, LLP and are considered elite attorneys, among the top 100 attorneys in the country. Eric Holder said he will decide about a 2020 presidential bid early next year.
[1]In 2012, the New York Attorney General settled with the law firm Steven J. Baum P.C. requiring Baum and his firm to pay $4 million in penalties, costs and fees. The Baum firm was the largest foreclosure firm in New York State, filing over 100,000 foreclosure cases between 2007 and 2010, often representing Deutsche Bank. In 2014, the Florida Supreme Court disbarred David J Stern. The Stern law firm handled more than 200,000 foreclosure cases statewide, employed over 1,500 employees and was one of the primary firms used by Deutsche Bank to foreclose in Florida. The ABA Journal reported (January 13, 2014) that the Stern firm grossed $260 million annually. The Law Offices of Marshall Watson, another firm frequently used by Deutsche Bank in Florida, agreed to pay $2 million to settle foreclosure fraud charges. Three attorneys from the firm were suspended.
[2]Megan O’Matz, “German Bank Under Fire in Florida and at Home,” Sun Sentinel, July 15, 2012. The three counties were Broward, Miami-Dade and Palm Beach.
[3]The People of the State of California and the City of Los Angeles v. Deutsche Bank NationalTrust Company et al., Superior Court, State of California, BC 460878.
[4]National Fair Housing Alliance et al. v. Deutsche Bank, et al.,Case 1:18-cv-00839, U.S. District Court, Northern District of Illinois, February 1, 2018.
[5]Listing on Zillow for 717 37thSt., West Palm Beach, FL.
[6]Case 2017-CA-007056, Palm Beach County, FL.
[7]USA v. Deutsche Bank, et al., 11-02976, (S.D.N.Y. August 2011).
[8]Jonathan Stempel, “U.S. Sues Deutsche Bank in Mortgage Fraud Case,” Reuters, May 3, 3011.
[9]Federal Housing Finance Agency v. Deutsche Bank AG et al.,11:06919 (S.D.N.Y. September, 2011).
[10]BlackRock Balanced Capital Portfolio, et al. v. Deutsche Bank National Trust Company, et al.,Case 1:14-cv-09367-JMF-SN, Southern District of New York.
[11]Massachusetts Bricklayers and Mason Trust Funds, et al. v. Deutsche Alt-A Securities, Inc., et al., 08:03178 (E.DN.Y. April 2010).
[12]New Jersey Carpenters Health Fund, et al. v. Royal Bank of Scotland, PLC, et al.,No. o8-cv-5310 (S.D.N.Y. March 2010).
[13]New Jersey Carpenters Health Fund, et al. v. Residential Capital, LLC, et al., No. 09-8781 (S.D.N.Y.).
[14]Commerzbank AG v. Deutsche Bank National Trust Company, 15:10031 (S.D.N.Y. December 2015).
[15]National Credit Union Administration Board, et al. v. Deutsche Bank National Trust Company, et al.,14:08919 (S.D.N.Y. November 2014).
[16]Phoenix Light SF Limited et al. v. Deutsche Bank National Trust Company(14:10103, S.D.N.Y. December 2014).
[17]Royal Park Investments SA/NV et al. v. Deutsche Bank National Trust Company(14:04394, S.D.N.Y June 2014).
[18]Ramon Moreno, et al. v. Deutsche Bank Americas Holding Corp., et al.(1:15-cv-09936 E.D.N.Y).
[19]United States of America v. Deutsche Bank A.G., et al.,(14-cv-9669 S.D.N.Y December 2014).
[20]See Press Release, U.S. Attorney’s Office, Southern District of New York, January 4, 2017.
[21]Ben Rooney, “Deutsche Bank in $2.5 Billion Settlement Over Interest Rate Manipulation,” CNN Money, April 23, 2015.
[22]United States of America v. Paul Mangione, Case 2017-CV-5305 (E.D.N.Y. September 2017).
OVER STATED ASSETS ….. LIARS LOANS
SWAMP DRAINING STARTS NOW
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Looted Stupid – America’s Greatest Robbery of ALL TIME …
https://lootednation.wordpress.com/looted-stupid-americas-greatest…Sep 28, 2016 · … q=Speculation+Fraud+Bank+Looting+Land … q=toxic+zombie+illegal+subdivisions+land… TRILLIONS Have Been Swindled and … Videos of bank looting land speculation fraud
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Beware of the “SUBPRIME” Gangster … – Trillions Looted
https://lootednation.wordpress.com/2016/09/28/beware-of-the…Sep 28, 2016 · Beware of the “SUBPRIME” Gangster Bankster “TOXIC ZOMBIE” Ranchero Racketeers 2 Replies As early as 1814, Thomas Jefferson warned , “We are to be ruined by paper, as we were formerly by the old Continental paper.”
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Dirty Flippin Land Scams and Laundering GONE WILD …
https://americalooted.wordpress.com/dirty-flippin-land-scams-and…The Texas Toxic Zombie Land Swindle TWO STEP. … – About the only person who made any money out of Madison is Sheffield Nelson , the Republican National Committeeman from …
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The Great American Manure Job | Trillions Stolen …
https://americalooted.wordpress.com/the-great-american-manure-jobThe Great American Manure Job The Great French, Dutch, Spanish, English YANKEE DOODLE Robberies Turtle Island Invasion and Occupation The Great Texas Bank Job …
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DRAIN THE SWAMP – BLACK OPS R US | The Adirondacks …
The Looted Trillions Derivatives , Securitized Loans , Fraudulent Mortgages, Illegal Foreclosures, S&L, Bank and Mortgage Agencies Swindles ALL REQUIRE The Dirty Deal Dealing
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Illegal Foreclosures are a Nullity – Home | Facebook
https://http://www.facebook.com/pages/Illegal-Foreclosures-are-a-Nullity/…Illegal Foreclosures are a Nullity. 620 likes · 28 talking about this. Unlawful Foreclosures are Human and Civil Rights Crimes. Theft By Deception and…
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Earth Looted By The Money Changers – The Missing …
Oct 29, 1999 · Earth Looted By The Money Changers – The Missing Quadrillions; FIXING THE LAKE GEORGE PINHOLE – A LETTER TO LGPC / NYS; … Illegal Foreclosures are a Nullity. 525 likes … and the amounts of money looted from each. In addition, please provide the …
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David Dayen: Out of Control – New Report Exposes JPMorgan …
https://www.nakedcapitalism.com/2013/03/david-dayen-out-of-control…The World’s Largest Money–Laundering Machine: The Federal Reserve. … the CentralBank prints moneyand buys the mortgages as a way … No More Fractional Lending Land Speculation Swindles, Derivatives, Subprime and Credit Default Swaps
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The Subprime Swindle And The Foreclosure Fraud Cover-Up …
The Subprime Swindle And The Foreclosure Fraud Cover-Up. Banks are charging borrowers illegal fees, kicking the wrong people out of their homes and even hiring thugs to illegally break into houses. But the fundamental scam is much worse than these shameful acts. Fraud in the foreclosure …
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David Dayen: Out of Control – New Report Exposes JPMorgan …
https://www.nakedcapitalism.com/2013/03/david-dayen-out-of-control…The World’s Largest Money–Laundering Machine: The Federal Reserve. … the CentralBank prints moneyand buys the mortgages as a way … No More Fractional Lending Land Speculation Swindles, Derivatives, Subprime and Credit Default Swaps
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Found in SA … Libya’s trillions | IOL News
https://www.iol.co.za/news/politics/found-in-sa-libyas-trillions…Found in SA … Libya’s trillions. … the National Board for the Following Up and Recovery of Libyan Lootedand Disguised Funds, to recover the assets. … money–laundering charges.
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Looted Earth – The Stolen Quadrillions – Home | Facebook
https://http://www.facebook.com/Looted-Earth-The-Stolen-Quadrillions…Churning – Laundering Money and the Subprime Daisy Chain Banksters The Reality is PLAIN and SIMPLE They Looted Trillions using Daisy Chains and Dirt Dealing …. JBW Deutsche and Danske ….
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Recovering looted wealth – hindunew – Google Sites
https://sites.google.com/site/hindunew/recovering-looted-wealthLater, ED started investigating the case as the department suspected money laundering. ED has also been probing Khan and Tapuriah for violating the Foreign Exchange Management Act, or Fema, and laws against money laundering.
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Madoff Has Met His Match: Mortgage Fraud Crime of the Century
https://http://www.forbes.com/sites/johnwasik/2012/10/26/a-bigger-monster…Oct 26, 2012 · Madoff Has Met His Match: Mortgage Fraud Crime of the Century. … money laundering, and distribution of illegal drugs. Members of the enterprise …
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Stopping criminals from laundering their trillions
Falsely reporting that money as income from consulting work and private land sales, the minister transferred it to the United States and bought a luxury estate in New York. But his effort to turn ill-gotten gains into a seemingly legitimate asset was ultimately unsuccessful; last year, he was convicted of money laundering.
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Here’s Why The US Is An Even Bigger Kleptocracy Than …
https://http://www.businessinsider.com/the-us-is-a-kleptocracy-too-2011-6The U.S. was declared “non-compliant” in four out of 40 categories monitored by the Financial Action Task Force, an international group fighting money laundering and terrorism finance, in a 2006 …
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» Jaw-Dropping Crimes of the Big Banks Foreclosure Fraud
4closurefraud.org/2013/03/15/jaw-dropping-crimes-of-the-big-banksMar 15, 2013 · Jaw-Dropping Crimes of the Big Banks. Posted by 4closureFraud on March 15, 2013 · 4 Comments . Image by William Banzai. … Laundering money for drug cartels. See this, this, this, this and this … they get more money in foreclosure they get more money for the default. i am fighting i have one of the lawyers that gets it but if the …
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Mortgage Servicing Fraud – MSFraud.org
msfraud.org/index22.htmlFor about two decades, the mortgage industry’s foreclosure and modification scams have destroyed lives, stripped wealth; turned county land and court records into crime scenes, and decimated parts of …
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SAGE Reference – Encyclopedia of White-Collar and …
Noriega is convicted in 1992 of drug trafficking, racketeering, and money laundering and is given a sentence of 40 years. 1990–2000: The Financial Action Task Force, an intergovernmental policymaking body headquartered in Paris, France, calculates that approximately $500 billion is used in money laundering around the world each year.
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$43 TRILLION Lawsuit Against Holder, Geithner …
https://www.alipac.us/f19/$43-trillion-lawsuit-against-holder…Dec 17, 2012 · “the largest money laundering and racketeering lawsuit in United States History. [It identifies] $43 trillion ($43,000,000,000,000.00) of laundered money by the ‘Banksters’ and their U.S. racketeering partners and joint venturers.
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Financial Crimes Report 2010-2011 — FBI
Furthermore, the groups involved in check and loan fraud schemes are often involved in illegal money laundering activities in an effort to conceal their illegal proceeds.
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Russian Money Laundering
commdocs.house.gov/committees/bank/hba59889.000/hba59889_0f.htmRUSSIAN MONEY LAUNDERING TUESDAY, SEPTEMBER 21, 1999 … In the case of Raul Salinas, a phony offshore company named Troika was set up which allowed Salinas to hide the flow of illegal drug money. … We have seen—literally forever we have been seeing countries looted by corrupt leaders.
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Dirt Dealing and Bank Robbing AMERICAN STYLE on Vimeo
https://vimeo.com/12573975234:07Apr 23, 2015 · Did you know? You can win a free Vimeo Plus membership by stretching your filmmaking muscles in one of our Weekend Challenges
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Author: Witham Judson
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Views: 272
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Conroe and Houston Texas the Great CESSPOOL Of Land …
Conroe and Houston Texas the Great CESSPOOL Of Land Swindles and Frauds … Land Flipping and Dirt Dealing 101 CLINTONIAN LAND SCAMMING The Dirt Dealing Guru’s Hand Book … 07/05/1988 Cox admits to bank fraud/Former state official made false statements to secure loan Houston Chronicle News Services He submitted his resignation last week when …
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Beware of the “SUBPRIME” Gangster Bankster “TOXIC ZOMBIE …
Sep 28, 2016 · It is truly amazing the Criminals that operated the Land Swindles around Montgomery and Harris, Chambers, Liberty, Fort Bend Counties …… Well all across Texas …
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Dirty Flippin Land Scams and Laundering GONE WILD …
https://americalooted.wordpress.com/dirty-flippin-land-scams-and…The Great Texas Bank Job … The Down Fall of the Nation. AMERICA AWASH IN REALTY AND BANKING SCHEMES …. IT’s A CENTURIES OLD RACKET … The Texas Toxic Zombie Land Swindle TWO STEP. …
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Looted Stupid – America’s Greatest Robbery of ALL TIME …
https://lootednation.wordpress.com/looted-stupid-americas-greatest…Land Scamming Bank Looting America All the Minerals Gas and Oil and Credit Papers To ….. America Looted Stupid Looted Stupid – America’s Greatest Robbery of ALL TIME
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The Subprime Swindle And The Foreclosure Fraud Cover-Up …
The Subprime Swindle And The Foreclosure Fraud Cover-Up October 12, 2010 … subject to standard consumer protection regulations and federal anti-fraud statutes. Yet the bank engaged in systematic, … track down” paperwork—they’re worried that the entire $2.6 trillion mortgage-backed security market is about to land on their doorstep …
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Earth Looted By The Money Changers – The Missing …
Oct 29, 1999 · In this case the Carnarsie Indians from Brooklyn perpetrated the fraud since their land was … separate trial for bank fraud, … History of Fraud in America … [CTRL] [2] The Great Texas Bank …
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DRAIN THE SWAMP – BLACK OPS R US | The Adirondacks …
Sep 28, 2016 · … q=Speculation+Fraud+Bank+Looting+Land … q=toxic+zombie+illegal+subdivisions+land… TRILLIONS Have Been Swindled and … Videos of bank looting land speculation fraud
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Mispression of felonies, Cover Up The Great Texas Bank Job
Mispression of Felonies, Cover Up The Great Texas Bank Job Fri Oct 29, 2004 10:59 … The Title Investigations are were the DIRT comes to light. Title Work is to Bank Fraud as DNA is to Homicide Investigations. … You see Title Insurance Policies being Financial Instruments SECURING Titles to landbeing developed and marketed from THOUSANDS of …
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The Real Foreclosure Fraud Story: Corruption of the Land …
With each file they prepare, the bank’s document processors must swear “personal knowledge” the information in each affidavit was properly collected and is accurate and complete.
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The Subprime Swindle and the Foreclosure Fraud Cover-Up …
https://http://www.huffingtonpost.com/zach-carter/the-subprime-swindle…Oct 13, 2010 · The Subprime Swindle and the Foreclosure Fraud Cover-Up By Zach Carter There are plenty of reasons why the foreclosure fraud crisis sweeping the …
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10 Greatest Swindles in United States History – Listosaur …
https://listosaur.com/history/10-greatest-swindles-in-united…10 Greatest Swindles in United States History. Home History 10 Greatest Swindles in United States … employing some 700 construction workers. When the swindle collapsed, Fisher disappeared and Jernegan had already set sail for Europe with the illegal earnings. … to achieve wealth and fame. Then we have the infamous Yazoo Land Fraud, in which …
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Google Sites: Sign-in
https://http://www.sites.google.com/site/thegreattexasbankjob/land–fraud…Access Google Sites with a free Google account (for personal use) or G Suite account (for business use).
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Chapter 12 White-Collar Crime and Organized Crime …
https://quizlet.com/112424151/chapter-12-white-collar-crime-and…Start studying Chapter 12 White-Collar Crime and Organized Crime. Learn vocabulary, terms, and more with flashcards, games, and other study tools. … Bank fraud – any fraud or embezzlement that occurs within or against financial institutions that are insured or regulated by the U.S. govt. Fraud of financial institution as included commercial …
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The Real Foreclosure Fraud Story: Corruption of the Land …
With each file they prepare, the bank’s document processors must swear “personal knowledge” the information in each affidavit was properly collected and is accurate and complete.
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swindle | meaning of swindle in Longman Dictionary of …
https://http://www.ldoceonline.com/dictionary/swindle• He used to swindle people out of their land. swindle swindle 2 noun … • He knew the milk deal was a swindle, the handbills another fraud. • The whole property development proposal was a swindle. They never … out of somebody/ swindle something from somebody The scheme was designed to swindlemore than $250 million from the bank …
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FDIC Law, Regulations, Related Acts – Miscellaneous …
Bank fraud. Whoever knowingly executes, or attempts to execute, a scheme or artifice– … an item controlled under regulations under the Export Administration Regulations (15 C.F.R. Parts 730–774); … 510, 871, or 879 of this title or, with respect to the Federal Deposit Insurance Corporation, Federal landbanks, and Federal land bank …
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Bank Fraud – Definition, Examples, Cases, Processes
https://legaldictionary.net/bank-fraudBank fraud is a criminal act that occurs when a person uses illegal means to receive money or assets from a bank or other financial institution. Bank fraud is distinguished from bank robbery by the fact that the perpetrator keeps the crime secret, in the hope that no one notices until he has gotten away.
- Home
- 18 Years AGO …. 11 Years BEFORE Occupy Wall Street
- About
- America Looted MUD & MONEY
- America Tortures It’s Inmates
- AMERICA’S NEVER ENDING CRIME SPREE
- BeWare The Smart Growth Eviro Socialist
- Bob Jensen’s History of Fraud in America “Mirrored”
- Churning – Laundering Money and the Subprime Daisy Chain Banksters
- Clinton Obama Bush the CIA and SLUSHY FUNDS … Clandestine Crimes – War Inc.
- Clintonian Dirt Flipping and Churning LAUNDERING MONEY With Dirt Deals the Realty of It
- Conroe and Houston Texas the Great CESSPOOL Of Land Swindles and Frauds
- Conservation Tactics Hardball & The NWO Agenda 22 Exposing Agenda 21
- Crooked Ass USA Inc. YOU BETCHA
- Deep State the Vanishing of Trillions
- Dirty Flippin Land Scams and Laundering GONE WILD
- FHA HUD FmHa VA Fannie Freddie and the DAISY CHAIN of Lootings
- FHA Scams HUD Frauds the Premier Paramount Pioneer Mortgage Funding CRIME SPREE
- FHFA The Whistle is Blown
- FRAUD UPON THE COURT Harris County Tx 334th State District Houston
- Get Swamp Draining You Bitches
- Gugno the Racket ….. Premier, Paramount, Pioneer JP Morgan Chase, Select Portfolio Servicing, Credit Suisse, Deutche Bank
- HUD / FHA / GAO / OCC / FBI / DOJ Open The Records a FOIA Demand
- INSIDE JOB … Vanishing Trillions
- Judson Witham is NO Kidder
- Land Flipping and Dirt Dealing 101 CLINTONIAN LAND SCAMMING The Dirt Dealing Guru’s Hand Book
- Land Scamming Texas Arizona Florida Saudi Arabia Arizona New Jersey California UTAH Style LETS TALK CLINTONIAN DIRT DEALING
- Land Speculation Paper Land Swindles on STEROIDS
- Land Swindles: A Cons Game to Beware Of
- LONG LONG Before the FIASCO of 2008
- Looting the World the Easy RICO Realty Way
- LOTS OF INDICTMENTS … Land & Bank Scams 101
- Magical Fantastic Texas Banksters
- Mega Money Laundry TEXAS
- New York State a very Shitty Record
- NOTICE TO THE UNITED STATES Inc. … A Tale of Frauds, Deception and Lootings … Money Laundering on Steroids
- Planetary Looting an INSIDE JOB … AKA Inverted Totalitarianism
- Q Anon, Occupy, ANON, David Ickes, Alex Jones, Matt Tabbi, The Looted Trillions LONG, LONG BEFORE YOU.
- Roger Stone BANKSTER WANNABE
- Russians MY ASS
- Stealing Trillions”THE LOW DOWN DIRT”
- SUBPRIME INTERNATIONAL MONEY LAUNDERING – 101 Cheating Bank Customers for Fun and Profit
- Subprime Money JP Morgan Chase Deutsche Bank and the Danske Bank MOBSTERS
- SUBPRIME Zombie Land Frauds and Bank Lootings FHA HUD FDIC FBI DOJ WTFU
- Subverted America – Reagan Bush Clinton Obama and THE COMPANY
- SWAMP DRAINING THE SEWER … Trillions Looted
- Targeting Land The NYS DEC Land Grabbers
- The CFPB and Just Us / FBI Rape America
- The CIA Murder of Don Bolles TRILLIONS VANISHING
- The GANG RAPE of America’s Financial System
- The LAND CONTRACTS Scams TEXAS Gone Wild
- The Murder of Rule 8 in the Federal KORTS … Death of the Jury Trial
- The Terrorists of the Beltway – DC goes completely ROGUE … The SLUSH FUNDS at State and The Foundation
- The ARKANSAS Development Skanks CLINTONS doing the DIRTY DEALS
- The Big Sleazy, The American People Rise From the Wood Shed Series
- The Clinton Gate State Foundation WEAPONS R US Inc. from Reagan Bush to Obama … War Incorporated
- The Financial Rape of America The Realty of It
- The GARGANTUAN PLANETARY Bank Job
- The Great Texas Bank Job
- The Great American Bank Jobs
- The Great American Manure Job
- The Great French, Dutch, Spanish, English YANKEE DOODLE Robberies Turtle Island Invasion and Occupation
- The Great Texas Bank Job … Reborn
- The HISTORY of DIRT DEALING Lootings Revealed
- The Houston CON / Mud Flats 101
- The Magical Vanishing TRILLIONS and the Trump Princess
- The TRIAD and Martin Harris’s Hat … SEER This Joe Smith … The Mormon MAFIA and the Deep State
- The Underbelly of Mortgage Fraud Cons
- The VANISHED Trillions – The Largest Heist in Human History
- TRILLIONS for FUBAR
- TRUMP OBAMA CLINTON BUSH and the Vanishing Trillions
- US District Judge Lynn Hughes an Open Letter to FBI Director Chris Wray … THE DEEP STATE
- US Mexican Border the Largest Bubbles and Mobsters in THE SWAMP
- Welcome to the Reservation “You SERFS” The Un-Affordable Crap Act and FIAT Trash Currency
- What actually Happened ( For the Complete Idiot )
- WikiLeaks a FRAUD … The Catbird’s Nest …. Trillions Looted
- Zombie Bastard Banksters DIRT DEALING for Trillions
- Zombie Toxic Assets …. Looting America the GET RICH QUICK WAY
By …. The National Swamp Draining Administration
I.
TAKE NOTICE OF Federal and International Penalties, Fines, Raids amounting to Tens of Billions in Fines and Penalties PAID to US Law Enforcement
SEE GENERALLY INTERNATIONAL LAW ENFORCEMENT REPORTS https://www.google.com/search?ei=cUiZXPfTJIuw_Qb73bGQCQ&q=BILLIONS+LAUNDERED+JP+Morgan+Deutsche+Bank++Danske+Bank++BILLIONS++FINES++SETTLEMENTS&oq=BILLIONS+LAUNDERED+JP+Morgan+Deutsche+Bank++Danske+Bank++BILLIONS++FINES++SETTLEMENTS&gs_l=psy-ab.12…0.0..20002…0.0..0.0.0…….0……gws-wiz.-e8gnppn8Is
Comes Now IFP Whistleblower XXXXXX XXXXXXXXX and respectfully moves the Court to issue a TRO and Permanent Injunction in this action pending a Full Trial on the Merits of the cause. Premier Mortgage Funding Inc., Gerald Cugno Et Al, JP Morgan Chase ( Chase Home Mortgage ) and Deutsche Bank ( Germany / US Operations ) Select Portfolio Services, have all been heavily fined and penalized for Mortgage Lending tied directly to Criminal Money Laundering on many occasions.
- The Lawyers for the Defendants in this case are WELL AWARE of many Billions of Dollars in Fines and Penalties They have collectively paid to US Law enforcement regarding obtaining Predatory Subprime Mortgages from Consumers such as Your Plaintiff AND AS WELL Deceptively Marketing Said TOXIC / JUNK Mortgages to entities such as FHA, HUD, Fannie and Freddie Mac, FHFA and other US and International Investors.
- See Global News Releases and Media Accounts from the US Government Justice Department, FBI, FinCen, SEC, US Treasury, US Congress Etc Etc Et Al. as well and Global News Media Outlets
DAILYSABAH.COM
JPMorgan record not so clean with money laundering, manipulation
The impressive history of the U.S.-based investment bank JPMorgan Chase is littered with cases of money laundering, sanctions-busting and market manipulation; these criticisms have surfaced once again after its report on the Turkish lira caused high volatility in the currency in Friday’s trading
https://http://www.bloomberg.com/news/articles/2016-12-23/deutsche–bank…
Dec 23, 2016 · Deutsche Bank will pay a $3.1 billion civil penalty and provide $4.1 billion in relief to consumers under a settlement in principle with U.S. authorities, according to a statement early Friday.
https://http://www.theguardian.com/business/2013/nov/19/jp-morgan-record…
Bank acknowledges it made serious misrepresentations to the public over the sale of numerous mortgage-backed securities
https://http://www.cnbc.com/2015/10/30/misbehaving-banks-have-now-paid…
Misbehaving banks have now paid $204B in fines … Public outrage has focused on Wall Street institutions and their collective role in triggering the subprime mortgage meltdown that in turn led to …
https://http://www.reuters.com/article/us-jpm-probe-idUSBRE88E0G220120915
(Reuters) – JPMorgan Chase & Co’s compliance with U.S. anti-money laundering laws is being reviewed by a banking regulator, a source said, making the largest U.S. bank the latest target of a …
https://http://www.forbes.com/sites/robertlenzner/2013/12/12/j-p-morgan…
Dec 12, 2013 · J.P. Morgan Chase Will Have To Pay A Fine Of $2 Billion For Laundering $76 Billion For Bernie Madoff. … from its bank, JP Morgan Chase.” … sums of money between two clients of the same bank …
https://http://www.americanbanker.com/articles/are-more-banks-tangled-up…
A number of lawmakers in Denmark want money laundering investigations currently focused on Danske Bank to include more firms. … markets learned of a raid on the offices of Deutsche Bank in connection with a separate laundering probe. Prosecutors in Germany have said the case is unrelated to Danske. … Danske also used JPMorgan Chase and Bank …
9. Deutsche Bank, BofA, JPM Drawn into Danske Money …
https://www.insurancenews.us/deutsche–bank-bofa-jpm-drawn-into…
Deutsche Bank AG and Bank of America Corp. have been contacted by U.S. criminal investigators for information about transactions they handled for a small bank branch in Estonia that’s at the center of one of the biggest money–laundering investigations in history, according to two people familiar with the matter. The Justice Department investigators have also asked questions about JPMorgan …
10. Deutsche Bank, JPMorgan Chase Are Pulled Into Probe of …
fortune.com/2016/04/01/deutsche–bank–jpmorgan–chase-malaysia
Deutsche Bank and JPMorgan Chase Are Pulled Into Probe of Malaysian State Fund. … asked Deutsche Bank AG and JPMorgan Chase to provide details on their dealings with 1MDB, as global …
11. Whistleblower Implicates Deutsche Bank In $150 Billion …
https://http://www.zerohedge.com/news/2018-11-19/danske-money–laundering…
Just when Deutsche Bank probably thought the worst of its … the struggling German lender is being drawn deeper into the biggest money laundering scandal in … Mr. Wilkinson also hit out at “large US bank 1” — known to be JPMorgan Chase — which stopped its correspondent banking relationship with Danske in 2013 over concerns about the …
12. JPMorgan busted for money laundering after accusing …
https://www.rt.com/…/410137-jpmorgan-busted-money-laundering-bitcoin
The Swiss subsidiary of US bank JPMorgan Chase has been sanctioned by Switzerland’s financial regulator FINMA for money laundering and “seriously violating supervision laws,” according to the local weekly Handelszeitung.
Individual Penalty Records JP Morgan Chase ( SERIAL VIOLATORS ) :
250,000 MILLION ( 25 Billion ) Fines, Penalties and Criminal Settlements
Download results as or XML
| Company | Primary Offense Type | Year | Agency | Penalty Amount |
| JPMorgan Chase | toxic securities abuses | 2013 | DOJ_CIVIL | $13,000,000,000 |
| JPMorgan Chase & Co. | mortgage abuses | 2012 | DOJ_CIVIL | $5,333,600,000 |
| JPMorgan Chase | banking violation | 2013 | OCC | $1,958,450,341 |
| JPMorgan Chase Bank | anti-money-laundering deficiencies | 2014 | USAO | $1,700,000,000 |
| JPMorgan Chase | False Claims Act | 2014 | DOJ_CIVIL | $614,000,000 |
| JPMorgan Chase & Co. | foreign exchange market manipulation | 2015 | DOJ_CRIMINAL | $550,000,000 |
| J.P. Morgan Chase Bank, N.A. | anti-money-laundering deficiencies | 2014 | FINCEN | $461,000,000 |
| JP Morgan Ventures Energy Corporation | energy market manipulation | 2013 | FERC | $410,000,000 |
| JPMorgan Chase Bank, National Association | banking violation | 2014 | OCC | $350,000,000 |
| JPMorgan Chase Bank, National Association | banking violation | 2014 | OCC | $350,000,000 |
| JPMORGAN CHASE & CO. | banking violation | 2015 | FED | $342,000,000 |
| Chase Bank USA, N.A. and JPMorgan Chase Bank, N.A. | consumer protection violation | 2013 | CFPB | $329,000,000 |
| JPMorgan Chase Bank | interest rate benchmark manipulation | 2014 | CFTC | $310,000,000 |
| JPMorgan Chase Bank, National Association | banking violation | 2013 | OCC | $300,000,000 |
| J.P. Morgan Securities LLC | toxic securities abuses | 2012 | SEC | $296,900,000 |
| JPMorgan Chase & Co., and EMC Mortgage Corporation | banking violation | 2012 | FED | $275,000,000 |
| J.P. Morgan Securities LLC and JPMorgan Chase Bank N.A. | investor protection violation | 2015 | SEC | $267,000,000 |
| Bear, Stearns & Co., Inc. | securities issuance or trading violation | 2006 | SEC | $250,000,000 |
| JPMorgan Chase & Co. | price-fixing or anti-competitive practices | 2011 | DOJ_ANTITRUST | $228,000,000 |
| JPMORGAN CHASE & CO. | banking violation | 2013 | FED | $200,000,000 |
| JPMorgan & Co. | accounting fraud or deficiencies | 2013 | SEC | $200,000,000 |
| JPMorgan Chase | consumer protection violation | 2015 | CFPB | $186,000,000 |
| J.P. Morgan Securities LLC | toxic securities abuses | 2011 | SEC | $153,600,000 |
| J.P. Morgan Chase & Co. | accounting fraud or deficiencies | 2003 | SEC | $135,000,000 |
| JPMorgan Chase & Co. | Foreign Corrupt Practices Act | 2016 | SEC | $130,000,000 |
| JPMorgan Chase Bank | data submission deficiencies | 2015 | CFTC | $100,000,000 |
| JPMorgan Chase | securities issuance or trading violation | 2013 | CFTC | $100,000,000 |
| JPMorgan Chase Bank | economic sanction violation | 2011 | OFAC | $88,300,000 |
| Bear, Stearns & Co. Inc. | investor protection violation | 2003 | SEC | $80,000,000 |
| J.P. Morgan Securities Inc. | investor protection violation | 2003 | SEC | $80,000,000 |
| J.P. Morgan Securities Inc. | kickbacks and bribery | 2009 | SEC | $75,000,000 |
| JPMorgan Securities | kickbacks and bribery | 2016 | DOJ_CRIMINAL | $72,000,000 |
| JPMorgan Chase Bank, N.A. | interest rate benchmark manipulation | 2018 | CFTC | $65,000,000 |
| JPMorgan Chase & Co. | banking violation | 2016 | FED | $61,900,000 |
| JPMorgan Chase Bank, National Association | banking violation | 2013 | OCC | $60,000,000 |
| JPMorgan Chase | discriminatory practices | 2017 | USAO | $53,000,000 |
| JPMorgan Chase Bank N.A. | mortgage abuses | 2015 | DOJ_CIVIL | $50,000,000 |
| Williams Power Company Inc. | data submission deficiencies | 2006 | DOJ_CRIMINAL | $50,000,000 |
| Banc One Investment Advisors Corporation | securities issuance or trading violation | 2004 | SEC | $50,000,000 |
| JPMorgan Chase Bank, National Association | banking violation | 2016 | OCC | $48,000,000 |
| JPMorgan Chase | wage and hour violation | 2011 | private lawsuit-federal | $42,000,000 |
| Washington Mutual Bank | wage and hour violation | 2009 | private lawsuit-federal | $38,000,000 |
| JPMorgan Chase Bank, National Association | banking violation | 2011 | OCC | $35,000,000 |
| JPMorgan Chase Bank, National Association | banking violation | 2015 | OCC | $30,000,000 |
| Bear Stearns Companies, LLC | mortgage abuses | 2008 | FTC | $28,000,000 |
| J.P. Morgan Securities Inc. | securities issuance or trading violation | 2003 | SEC | $25,000,000 |
| JPMorgan Chase | employment discrimination | 2018 | private lawsuit-federal | $24,000,000 |
| JPMorgan Chase Bank | accounting fraud or deficiencies | 2012 | CFTC | $20,000,000 |
| JPMorgan Chase | wage and hour violation | 2017 | private lawsuit-federal | $16,666,667 |
| JPMorgan Chase | wage and hour violation | 2014 | private lawsuit-federal | $16,000,000 |
| JPMorgan Chase | wage and hour violation | 2015 | private lawsuit-federal | $12,000,000 |
| JPMorgan Chase | wage and hour violation | 2012 | private lawsuit-federal | $9,000,000 |
| JPMorgan Chase | wage and hour violation | 2018 | private lawsuit-federal | $8,333,333 |
| JPMorgan Chase | wage and hour violation | 2017 | private lawsuit-federal | $5,707,279 |
| JPMorgan Chase Bank, N.A. | economic sanction violation | 2018 | OFAC | $5,263,171 |
| JPMorgan Chase Bank, N.A. | consumer protection violation | 2017 | CFPB | $4,600,000 |
| J.P. Morgan Securities LLC | investor protection violation | 2016 | SEC | $4,000,000 |
| JPMorgan Chase | wage and hour violation | 2018 | private lawsuit-federal | $3,000,000 |
| JPMorgan Chase | wage and hour violation | 2010 | private lawsuit-federal | $2,492,729 |
| JPMorgan Chase | wage and hour violation | 2015 | private lawsuit-federal | $2,400,000 |
| JPMorgan Chase & Co. | employment discrimination | 2006 | EEOC | $2,200,000 |
| JPMorgan Chase Bank, National Association | banking violation | 2011 | OCC | $2,000,000 |
| JPMorgan Chase & Co. | investor protection violation | 2008 | SEC | $1,998,143 |
| Bear, Stearns & Co., Inc. | investor protection violation | 2006 | SEC | $1,500,000 |
| J.P. Morgan Securities, Inc. | investor protection violation | 2006 | SEC | $1,500,000 |
| JPMorgan Chase | employment discrimination | 2014 | EEOC | $1,450,000 |
| JPMorgan Chase | wage and hour violation | 2012 | private lawsuit-federal | $1,195,000 |
| J.P. Morgan Investment Management Inc. | securities issuance or trading violation | 2015 | SEC | $1,084,210 |
| JPMorgan Chase | wage and hour violation | 2016 | private lawsuit-federal | $950,000 |
| JPMorgan Chase | consumer protection violation | 2015 | CFPB | $900,000 |
| J.P. Morgan Securities LLC | financial institution supervision failures | 2017 | CFTC | $900,000 |
| JPMorgan Chase | wage and hour violation | 2013 | private lawsuit-federal | $770,000 |
| Bear Stearns | wage and hour violation | 2010 | private lawsuit-federal | $675,000 |
| JPMorgan Securities | data submission deficiencies | 2014 | CFTC | $650,000 |
| JPMorgan Chase Bank | securities issuance or trading violation | 2012 | CFTC | $600,000 |
| J.P. Morgan Securities LLC | securities issuance or trading violation | 2015 | SEC | $500,000 |
| Washington Mutual Bank | wage and hour violation | 2011 | private lawsuit-federal | $463,000 |
| Washington Mutual, Inc. | wage and hour violation | 2005 | WHD | $404,982 |
| Bear Stearns Companies Inc. | wage and hour violation | 2003 | WHD | $358,974 |
| J.P. Morgan Futures, Inc. | data submission deficiencies | 2009 | CFTC | $300,000 |
| JP Morgan Chase Bank, N.A. | environmental violation | 2017 | EPA | $230,392 |
| JPMorgan Chase | data submission deficiencies | 2016 | CFTC | $225,000 |
| JP Morgan Chase Bank | workplace whistleblower retaliation | 2016 | OSHA | $203,323 |
| J.P. Morgan Securities LLC | securities issuance or trading violation | 2012 | CFTC | $140,000 |
| JP Morgan Chase & Co. | economic sanction violation | 2004 | OFAC | $73,281 |
| J.P. Morgan Chase & Co. and Forum Temporary Services | labor relations violation | 2006 | NLRB | $60,760 |
| J.P. Morgan Securities | investor protection violation | 2014 | SEC | $54,000 |
| JP Morgan Chase | economic sanction violation | 2004 | OFAC | $26,980 |
| JPMorgan Chase Bank | wage and hour violation | 2004 | WHD | $19,373 |
| JP Morgan Chase Bank, NA | export control violation | 2010 | BIS | $19,125 |
| JP Morgan Chase Bank | economic sanction violation | 2004 | OFAC | $18,094 |
| JP Morgan Chase & Co. | economic sanction violation | 2004 | OFAC | $17,303 |
| JP Morgan Chase Bank | economic sanction violation | 2004 | OFAC | $9,748 |
| JPMorgan Chase Bank, N.A. | wage and hour violation | 2008 | WHD | $9,622 |
| JPMorgan Chase Bank, NA | wage and hour violation | 2009 | WHD | $6,996 |
| J P Morgan Chase Bank | wage and hour violation | 2005 | WHD | $6,688 |
| Bank One | economic sanction violation | 2004 | OFAC | $6,682 |
| Bank One | economic sanction violation | 2004 | OFAC | $5,500 |
| J P Morgan Chase | Family and Medical Leave Act | 2007 | WHD | $5,008 |
- THE CUGNO MORTGAGE BROKERING COMPANIES Associated with the Birchfield Transactions were PUT OUT OF BUSINESS by FHA and HUD Suspension of Their Operations because of Multiple Improprieties in Initiating Mortgage Loans such as the Birchfield Transactions. SAID Conduct involved INFLATED APPRAISALS, KICK BACKS, 125% Funding to LURE and BAIT Consumers as well as Unlawful and Improper Charges, Fees and Kickbacks associated with the CUGNO / Premier, Paramount and Pioneer Mortgage Business.
https://http://www.bloomberg.com/…/fha-backed-loans-the-new-subprime
Nov 19, 2008 · Inside Mortgage Finance, a research and newsletter firm in Bethesda, Md., estimates that over the next five years fresh loans backed by the FHA that go sour …
- Author: Robert Berner
- Phone: (212) 318-2000
- Location: 731 Lexington Avenue, New York, 10022, NY
B. FHA-Backed Loans: The Next Subprime Crisis Looms – SPIEGEL …
http://www.spiegel.de › English Site › Business
More Bad Debt. Over the next four years, it became one of the country’s largest subprime lenders, with 750 branches and 5,000 brokers across the U.S. Cugno, now 59, took home millions of dollars and rewarded top salesmen with Caribbean cruises and shiny Hummers, according to court records and interviews with former employees.
http://www.corporationwiki.com › U.S. › Florida › Clearwater
Gerald Cugno Archived Record Clearwater, FL — Previous Chairman for Premier Mortgage Funding, Inc.
D. Premier Mortgage Funding, Inc in Illinois | Company Info …
https://www.bizapedia.com/il/premier-mortgage-funding-inc.html
Premier Mortgage Funding, Inc is an Illinois Corporation filed on April 25, 2003. The company’s filing status is listed as Revoked. The Registered Agent on file for this company is ** Agent Vacated **. The company has 1 principal on record. The principal is Gerald Cugno from Riverview FL.
http://www.idfpr.com/Banks/RESFIN/Discipline/2009/2009-MBR-194.pdf
PREMIER MORTGAGE FUNDING ) License No. MB.6759041 ) Attention: Gerald Cugno ) 3001 Executive Drive, Suite 330 ) Clearwater, FL 33762 ) ORDER REVOKING LICENSE The DEPARTMENT OF FINANCIAL AND PROFESSIONAL REGULATION, Division of Banking (the “Department”), having investigated the activities conducted by Premier Mortgage Funding (the
F. PREMIER MORTGAGE FUNDING, INC. – ArkansasCorporates …
http://www.arkansascorporates.com/corp/166453.html
PREMIER MORTGAGE FUNDING, INC. is a company incorporated in Arkansas and its Filing Number is 100216164. PREMIER MORTGAGE FUNDING, INC. was filed on 07/30/2002. The company’s status is listed as Revoked. Contact Information. Company Name: … GERALD CUGNO , President.
http://www.arkansascorporates.com/corp/166453.html
PREMIER MORTGAGE FUNDING, INC. is a company incorporated in Arkansas and its Filing Number is 100216164. PREMIER MORTGAGE FUNDING, INC. was filed on 07/30/2002. The company’s status is listed as Revoked. Contact Information. Company Name: … GERALD CUGNO , President.
https://www.cbsnews.com/news/67-mortgage-lenders-failed-to-meet…
But nearly 200 other mortgage companies ran afoul of HUD’s rules and regulations. … 67 MortgageLenders Failed To Meet Criteria For FHA Recertification. … Premier Mortgage Funding, Inc …
https://www.housingwire.com/articles/fha-terminates-more-dozen-hud…
Home » FHA terminates more than a dozen HUD mortgage originators and underwriters. … The FHApulled HUD approval from the following mortgage companies: … endorsement approvals revoked …
J. FHA Lenders: here we go again? – axiasd.com
https://axiasd.com/blog/2008/12/fha-lenders-new-subprime-lenders
“Jerry Cugno started Premier Mortgage Funding in Clearwater, on the Gulf Coast of Florida, in 2002. Over the next four years, it became one of the country’s largest subprime lenders, with 750 branches and 5,000 brokers across the U.S.” They go on to say, “…along the way, premier accumulated a dismal regulatory record.
II.
CONCEALMENT, FRAUD, DECEPTION, LIES, HOCUS POCUS
These Defendants have been caught repeatedly and MASSIVELY FINED
- What is abundantly clear in this case is SIMPLE …. The Defendants in this Matter have been REVOKED, RAIDED, Massive Fined by Many Law Enforcement Agencies on an International Scale. The HALLMARK of these Perpetrators Activities have been HIDING, SECRETING, Failing to Disclose to Consumers and Governments that UNLAWFUL PREDATORY LENDING PRACTICES and MONEY LAUNDERING Where All Being Perpetrated by the Defendants enabling the Mortgage Operations, IN FACT FUNDING SUCH with Dirty Money being Laundered.
SEE Generally WORLD MEDIA and US Government Information Releases.
- These Defendants Lawyers NAKED, UNSUBSTANTIATED, VAGUE, NEFARIOUS Claims that Plaintiff is engaging in Cut and Paste Pleadings is PARTIALLY TRUE. The Internet News Sources provided are however from US Government Law Enforcement Agencies and Other US Government Agencies together with the highest regarded News Sources in the World.
moneyweek.com › Economics
- What Has Happened?
- Why Didn’T Anyone Notice?
- Did It Prove Profitable?
- What Exactly Is Money Laundering?
- Is It A Big Problem?
- How Is London Involved?
- Why Are They So Popular?
- Danske Bank, until recently one of Europe’s most respected financial institutions, is at the centre of possibly the world’s biggest money-laundering scandal. Its chief executive, Thomas Borgen, was ousted this week over revelations about dubious flows of funds through its Estonian branch. The affair has its roots in 2007, when Danske took over Finland’s Sampo Bank, including its branch in the Estonian capital, Tallinn. During the eight years from then until 2015, an astonishing €200bn of non-…
B. Deutsche Bank Named in Danske Bank Money Laundering Scandal
https://www.financemagnates.com/institutional-forex/regulation/…
Deutsche Bank has been dragged into the money laundering scandal surrounding Danske Bank, with the firm acting as correspondent bank for the Danish bank. … Deutsche Bank Named in Danske Bank Money Laundering Scandal … amongst them Bank of America and JP Morgan, have started to emerge.
C. Danske Investigators Contact BoA, JPM | PYMNTS.com
https://www.pymnts.com/news/banking/2018/estonia-money-laundering…
Investigators have reportedly contacted Bank of America Corp. and Deutsche Bank AG regarding transactions involving a Danske Bank branch in Estonia at the heart of a money laundering …
E. Danske Bank Probe Expands As JPM, Deutsche Bank, BofA Face …
https://www.zerohedge.com/news/2018-11-16/danske-bank-probe…
JPMorgan stopped providing correspondent services to the Danske Bank branch in 2013. Deutsche Bank and Bank of America continued for another two years, according to the reports and the people familiar with the matter. Deutsche Bank handled the bulk of these transactions during the period under scrutiny, one of the people said.
D. Whistleblower exposes biggest money laundering scandal in …
https://www.sott.net/article/400990-Whistleblower-exposes-biggest…
Whistle Blower exposes biggest money laundering scandal in European history involving Deutsche Bank, JP Morgan and Danske Bank. … the whistleblower who helped blow the lid off Danske’s $234 billion money laundering scandal said during testimony to the Danish Parliament that $150 billion of the money had been cleared by a large European lender …
E. JPMorgan faces money laundering probe: source | Reuters
https://www.reuters.com/article/us-jpm-probe-idUSBRE88E0G220120915
(Reuters) – JPMorgan Chase & Co’s compliance with U.S. anti-money laundering laws is being reviewed by a banking regulator, a source said, making the largest U.S. bank the latest target of a …
F. JPMorgan ‘Seriously Breached’ Money-Laundering Rules …
https://www.nytimes.com/…/21/business/jpmorgan-money-laundering.html
Dec 21, 2017 · JPMorgan ‘Seriously Breached’ Money-Laundering Rules, Swiss Regulator Says Image Swiss financial regulators are placing a monitor inside JP Morgan Chase to review its anti-money laundering …
G. Whistleblower Implicates Deutsche Bank In $150 Billion …
https://www.zerohedge.com/news/2018-11-19/danske-money-laundering…
Just when Deutsche Bank probably thought the … the whistleblower who helped blow the lid off Danske’s $234 billion money laundering scandal said during testimony to the Danish … Mr. Wilkinson also hit out at “large US bank 1” — known to be JPMorgan Chase — which stopped its correspondent banking relationship with Danske in 2013 over …
H. Is money-laundering scandal at Danske Bank the largest in …
https://www.theguardian.com/business/2018/sep/21/is-money…
Scale of fiasco highlights need for stricter regulation and cross-border force in Europe
G. The Banks That Helped Danske Bank Estonia Launder Russian …
https://www.forbes.com/sites/francescoppola/2018/09/30/the-banks…
Sep 30, 2018 · Danske Bank Estonia has been revealed as the hub of an enormous Russian money laundering engine. … Money laundering is a multi-bank phenomenon. … J.P. Morgan, Bank of America and Deutsche Bank …
- Author: Frances Coppola
H. JPMorgan busted for money laundering after accusing …
https://www.rt.com/…/410137-jpmorgan-busted-money-laundering-bitcoin
The Swiss subsidiary of US bank JPMorgan Chase has been sanctioned by Switzerland’s financial regulator FINMA for money laundering and “seriously violating supervision laws,” according to the local weekly Handelszeitung.
dpl-surveillance-equipment.com/economics-and-finance/deutsche-bank…
JPMorgan Chase & Co. served as correspondent bank for Danske Estonia until 2013, when it was replaced by Bank of America Corp. , which cut ties with the Estonia branch over money laundering concerns in 2015.
J. JPMorgan Chase to Present at the Deutsche Bank Global …
https://www.jpmorganchase.com/…/pr/deutsche-bank-conf-042717.htm
JPMorgan Chase to Present at the Deutsche Bank Global Financial Services Conference New York, April 27, 2017 – Marianne Lake, Chief Financial Officer of JPMorgan Chase & Co., will present at the Deutsche Bank Global Financial Services Conference at the InterContinental New York Barclay Hotel in New York City on Wednesday, May 31, 2017 at 9:00 a.m. (Eastern).
K. J.P. Morgan Chase Will Have To Pay A Fine Of $2 Billion …
https://www.forbes.com/sites/robertlenzner/2013/12/12/j-p-morgan…
Dec 12, 2013 · J.P. Morgan Chase Will Have To Pay A Fine Of $2 Billion For Laundering $76 Billion For Bernie Madoff. … from its bank, JP Morgan Chase.” … sums of money between two clients of the same bank …
- On February 7, 2019, the United States Congress House Financial Services Committee, the FinCen, FBI, DOJ and the CFPB have all announced the Deutsche Bank and JP Morgan with Danske Bank having already been fined many many tens of billions for laundering many many hundreds of billions are again under US Law Enforcement Investigation and the US Congress. The announcement was just 29 days after THIS CASE WAS FILED and Complaints have been made by Your Plaintiff to the Enforcement Branches of the US Congress, DOJ, FBI US Treasury, and Consumer Finance Protection Bureau.
Dec 27, 2018 – The SEC found that JPMorgan had improperly provided ADRs in … JPMorgan marked the fourth depository bank that the SEC has brought … to the brokerage firms who profited from the improper handling of ADRs. … On Ignorance of Binding Law: The President, the National Security Advisor, and Congress
B. Bad News for Deutsche Bank Is Bad News for Wall Street and Trump wallstreetonparade.com/…/bad-news-for-deutsche-bank-is-bad-news-for-wall-street-an…
Jan 23, 2019 – An earlier report in September of last year by the Wall Street Journal identified Citigroup … to a whistleblower complaint filed with the SEC over two years ago. … for Deutsche Bank or the big Wall Street banks like JPMorgan Chase, … Likewise, Congress remains in the dark on whether loans Deutsche Bank …
- Deutsche Bank and JP Morgan’s Mortgage Investing and Mortgage Activities are INTRINSICALLY TIED TO and funded with these Banks Unlawful Money Laundering and Predatory Financial Activities. BUT FOR The Unlawful Funds these Defendants would have NOT been able to FUND the Acquisitions and Investments ….. NO ACTUAL LOANS SEEM TO HAVE BEEN MADE.
- These Defendants and Their Lawyers are well aware of Their Own Unlawful and SECRETED conduct and at this time are pursuing a POLICE ACTION against Your Plaintiff to have Her put in the Street and Made Homeless. Said Actions will Cause SEVER IRREPARABLE HARM and DAMAGES to Plaintiff and as such Plaintiff moves the Court to issue a Temporary Injunction until such time a full Restraining Order can issue PENDING a TRIAL ON THE MERITS in this Case.
- The Secreting of Unlawful Conduct has been demonstrated against these Perpetrators by FBI, DOJ, OCC, CFPB, FinCen THE WHITE HOUSE, CONGRESS, THE SENATE and countless many many International News Organizations. THESE DEFENDANTS have wholly refused to cooperate or produce any discovery and as such CONTINUES to FRAUDULENTLY CONCEAL Their Illegal Activities regarding Funding and Investing in US Predatory Subprime Mortgages.
- These Defendants and Their Lawyers are well aware of Their Own Unlawful and SECRETED conduct and at this time are pursuing a POLICE ACTION against Your Plaintiff to have Her put in the Street and Made Homeless. Said Actions will Cause SEVER IRREPARABLE HARM and DAMAGES to Plaintiff and as such Plaintiff moves the Court to issue an ORDER FOR DISCOVERY and that these Defendants be required to PRODUCE a full range of Discovery to get to the Bottom of WHY SO MANY Billions upon Billions in Fines, Penalties, And Settlements have been issued AGAINST THESE DEFENDANTS. Until such time a full Restraining Order can issue PENDING a TRIAL ON THE MERITS in this Case …. These Defendant’s should be ORDERED to Produce Their Books associated with the Billions upon Billions in Fines and Penalties AND ALL Information, Records and Files Associated with Their MONEY LAUNDERING ACTIVITIES that enabled Them to engage in the Predatory Subprime Mortgage Industry.
- GENERALLY SEE Global Law Enforcement News Media Accounts and Information available on GLOBAL MEDIA OUTLETS
- Many Many Many Governments Accounts of fines, penalties and settlements including the payment of Many Many BILLIONS to US and Foreign Law Enforcement Agencies and Central Governments are WELL KNOWN and COMMON KNOWLEDGE throughout the World. These Defendants prior conduct and current secreting of the Mortgage Fundings with Laundered Money is an ONGOING MATTER.
9. February 7, 2019 Just 29 days after THE PRESENT CASE WAS FIELD the US Congress Announces yet another investigation and probe
- Wall Street Nemesis Joins House Panel’s Deutsche Bank Probe
February 7, 2019, 1:52 PM EST Updated on February 7, 2019, 5:06 PM EST
Bob Roach to Join House Financial Services Deutsche Bank Probe …
https://www.bloomberg.com/…/wall-street-nemesis-to-join-house-panel-s-deutsche-ba…
https://www.law.com/…/10/…/jp-morgan-chases-5-3m-sanctions-settlement-some-lessons…
Oct 9, 2018 – JPMorgan Chase & Co.’s nearly $5.3 million civil settlement quashing allegations that the bank handled dozens of payments benefiting Iranian …
D. Here’s the staggering amount banks have been fined since the https://www.marketwatch.com › Economy & Politics › Capitol Report Feb 24, 2018 – Bank of America and JPMorgan Chase have paid the largest fines, according … For example, a Goldman Sachs GS, commitment for $1.8 billion of … was considered as part of a $5.1 billion “fine” the bank had to pay.
E. JPMorgan Chase | Violation Tracker
https://violationtracker.goodjobsfirst.org/parent/jpmorgan-chase
The penalty dollar total above may be adjusted to account for the fact that the list of entries … and settlement announcements for the same case; or else a penalty covering … J.P. Morgan Securities LLC and JPMorgan Chase Bank N.A., investor …
F. JPMorgan agrees $13 billion settlement with U.S. over bad mortgages …
https://www.reuters.com/…jpmorgan-settlement/jpmorgan-agrees-13-billion-settlement…
Nov 19, 2013 – In late September, JPMorgan Chief Executive Jamie Dimon walked into … on a conference call, said the bank had not admitted to violating any laws. … A sign outside the headquarters of JP Morgan Chase & Co in New York, …
- The Many Many BILLIONS in Settlements, Fines and Penalties DWARF the amounts of Funds Laundered by these Defendants that have been HIDDEN and COMMINGLED in these Banks Accounts making the Mortgage Business as described in this case possible. These Banks used these Monies to fund Their Mortgage Investing Activities by way of the Money Laundering.
- Putting Your IFP Plaintiff out of the Family Home will cause enormous harm to Her and cause serious and insurmountable damages to Her Rights to Meaningful Access to the Courts to secure Her Due Process, Equal Protection and Property Interests in Her Residence. A TRO Should Issue and a Full Injunction Placed against any EVICTION of Plaintiff pending the Outcome of ADEQUATE DISCOVERY and a FULL TRIAL on the Merits of this case.
- JPMorgan Chase has been fined in excess of $44 billion for laundering untold Billions
- Deutsche Bank has paid fines in excess of $14 Billion and the Congressional, FBI, DOJ and CFPB Investigations are ONGOING.
-
JPMorgan Chase | Violation Tracker https://violationtracker.goodjobsfirst.org/parent/jpmorgan-chase The penalty dollar total above may be adjusted to account for the fact that the list of entries … and settlement announcements for the same case; or else a penalty covering … J.P. Morgan Securities LLC and JPMorgan Chase Bank N.A., investor …
D. JPMorgan agrees $13 billion settlement with U.S. over bad mortgages … https://www.reuters.com/…jpmorgan-settlement/jpmorgan-agrees-13-billion-settlement…
Nov 19, 2013 – In late September, JPMorgan Chief Executive Jamie Dimon walked into … on a conference call, said the bank had not admitted to violating any laws. … A sign outside the headquarters of JP Morgan Chase & Co in New York, …
E. The biggest bank settlements of all-time – Business Insider https://www.businessinsider.com/the-biggest-bank-settlements-of-all-time-2017-4Apr 27, 2017 – JPMorgan Chase: $5.29 billion. 9. … About $2.48 billion of the settlement will be paid as a civil penalty and $2.1 billion will go toward consumer …
F. How Much Have Banks Been Fined Since the Crisis? – DSNews https://dsnews.com › Daily Dose
Feb 21, 2018 – JPMorgan Chase is second on the list with $43.7 billion in fines. There is a significant drop off after that, with the third-highest fine load going to … a pair of April 2016 settlement agreements between Goldman Sachs, the U.S. …
G. 7 years on from crisis, $150 billion in bank fines and penalties https://www.cnbc.com/…/7-years-on-from-crisis-150-billion-in-bank-fines-and-penalti…
Apr 30, 2015 – JPMorgan Chase has already settled with the same investor group, … in fines, settlements and other penalties, according to a tally by the Financial Times. ….. UBS. US Bank. Wells Fargo. Where it went. Image. The Justice …
H. JPMorgan to Pay $135 Million for Improper Handling of ADRs https://www.bloomberg.com/…/jpmorgan-to-pay-135-million-for-improper-handling-…
Dec 26, 2018 – JPMorgan Chase & Co. will pay $135 million to settle Securities and … shares of foreign companies, the latest bank fined in an industry crackdown on the practice. … million to settle similar SEC charges and Deutsche Bank AG agreed to … The SEC said on Wednesday that the JPMorgan settlement was the …
Feb 3, 2017 – JPMorgan Chase By Philip Mattera. … a key role in the $13 billion settlement JPMorgan reached with the U.S. Justice … The water operation was soon sold off, but the Bank of Manhattan thrived …. In November 2009 the SEC announced that J.P. Morgan Securities would pay a penalty of $25 million, make a …
- J.P. Morgan to Pay $153.6 Million to Settle SEC Charges of … – SEC.gov https://www.sec.gov/news/press/2011/2011-131.htm Jun 21, 2011 – Harmed Investors Getting Their Money Back, Firm to Pay Penalty and … Under the settlement, harmed investors will receive all of their money back. … Financial institutions in East Asia including Tokyo Star Bank, Far Glory Life …
https://ecollections.law.fiu.edu/cgi/viewcontent.cgi?article=1367&context=faculty…
by JW Markham – 2018 – Cited by 3 – Related articles
May 1, 2018 – deutsche–bank-mortgages-settlement-idUSKBN14CO41 … shareholders, a tax that Congress did not levy. …. and judges, with penal sanctions in the form of fines, imprisonment, …. The SEC Settlement Model Sets the Stage for Too Big to …… JPMorgan Chase, who was charged with misleading investors.
https://dealbook.nytimes.com/…/jpmorgan-settles-with-federal-authorities-in-madoff-c… Jan 7, 2014 – The bank will pay the fine, a record for a violation of the Bank … JPMorgan Chase has reached settlements with federal authorities who … On Tuesday, Mr. Bharara announced the culmination of that case, imposing a $1.7 billion penalty … The charges against JPMorgan, the result of an F.B.I. investigation …
M. Prosecutors and F.B.I. Examine JPMorgan Over Losses – The New https://dealbook.nytimes.com/…/prosecutors-eye-penalties-over-trading-at-jpmorgan-c… Aug 11, 2013 – Deutsche Bank Said No. … Lucas Jackson/Reuters JPMorgan Chase’s New York headquarters. … people briefed on the matter, could yield a fine and a reprimand of the bank … Now JPMorgan is in settlement talks with the Securities and … the S.E.C. is seeking to extract an admission of wrongdoing from the …
N. Corporate Fines and Settlements compiled by George Draffan www.endgame.org/corpfines1.html SEC officials said ABB notified the government of the violations and cooperated … Monday that ABN AMRO Bank N.V. will have to pay an $80 million penalty in ….. with J.P. Morgan Chase on July 1, Bank One was the last of the four to settle. ….. raft of tough new state laws on data security as well as several bills in Congress.
Sep 15, 2018 – Impact of the Financial Crisis on Market Participants and the ….. agenda also included the SEC’s $285 million settlement with … settlement with a single entity in American history”);38 J.P. Morgan, $13 billion;39 Deutsche Bank, $7.2 …. Countrywide, the Government obtained a $1.27 billion penalty after trial, …
III.
There are Many Many Many More Reports and Law Enforcement Government Accounts from ALL AROUND THE WORLD
https://www.politico.com/story/2019/02/10/schiff-mueller-trump…
House Intelligence Chairman Adam Schiff on Sunday raised doubts about the extent to which special counsel Robert Mueller has probed President Donald Trump’s dealings with Deutsche Bank, bolstering …
2. Danske Bank scandal: Federal Reserve probes Deutsche Bank …
https://www.businessinsider.com/danske-bank-scandal-federal…
The Fed probe is looking at Deutsche Bank’s handling of billions in suspicious payments from Danske Bank — adding a twist in the €200 billion scandal. … The US Federal Reserve is …
3. Factbox: Democrats in U.S. Congress take aim at Trump with …
Reuters
8 days ago · United States. Politics. … has expressed interest in looking into Deutsche Bank documents. … whether previous testimony given to Congress and federal investigators by figures associated with …
4. Deutsche Bank faces inquiry from congressional committees …
https://www.washingtonpost.com/business/2019/02/01/deutsche-bank…
Feb 22, 2019 · Deutsche Bank, which has long been President Trump’s primary lender, has received an “inquiry” from two congressional House committees. The subject of the inquiry and its timing were not …
5. Democrats urge Deutsche Bank to audit accounts held by …
https://www.theguardian.com/us-news/2017/may/24/deutsche-bank…
Democrats urge Deutsche Bank to audit accounts held by Trump and family. The FBI is investigating possible collusion between members of the Trump campaign and the Kremlin following an assessment by US intelligence agencies that Russian state actors interfered in the US election. Trump’s finances are not believed to be at the centre of the probe,…
6. US House Chairman wants Mueller to probe Trump’s Deutsche …
https://www.ripplesnigeria.com/us-house-chairman-wants-mueller-to…
- Representative Adam Schiff wants an immediate probe into US President Donald Trump’s link with Deutsche Bank. Schiff who also doubles as the Democratic chairman of the US House Committee …
7. Deutsche Bank shares slip on reports of investigation over …
https://www.cnbc.com/2019/01/23/shares-in-deutsche-bank-slip-on…
Jan 23, 2019 · Shares in Deutsche Bank fell more than 1 percent in early trading on reports that the U.S. Federal Reserve is investigating the German lender’s role in a money laundering scheme.
- Author: Spriha Srivastava
8. Deutsche Bank headquarters raided in Panama Papers probe
https://www.wanttoknow.info/a-deutsche-bank-headquarters-raided…
Deutsche Bank headquarters raided in Panama Papers probe as reported by CNN. As of Feb. 24, we’re $1,100 in the red for the year. Please donate here to support this vital work. Subscribe here to our free email list for two information-packed emails per week. Toggle navigation Home.
9. US lawmakers to look into reported FBI probe into Trump …
https://www.dw.com/en/us-lawmakers-to-look-into-reported-fbi-probe…
US lawmakers to look into reported FBI probe into Trump A committee in the US Congress will seek more information about the reported FBI investigation into Donald Trump, a …
10. FBI Visits Deutsche Bank Trader Robert Wallden … – wsj.com
https://www.wsj.com/articles/fbi-visited-deutsche-bank-trader-in…
Agents from the FBI showed up at the home of a New York-based currencies trader for Deutsche Bank With ‘chat’ transcripts, according to people familiar with the incident, as regulators step up ..
Wherefore Premises Considered Plaintiff Moves this Court to Issue a TRO and Upon Full Hearing a Permanent Injunction PENDING FULL Investigation and Discovery and the conclusion of a Full and Complete JURY TRIAL.
- These Defendants Lawyers PREVARICATIONS and Claims that PLAINTIFF’s CLAIMS are frivolous and vexatious, and are an ongoing abuse of judicial process or Made in Bad Faith is ABSURD. Quite Obviously these Defendants have paid many BILLIONS in Fines and Penalties, They have many many times Hidden Records, Information and Materials from Consumers and Law Enforcement and currently possess the Credibility and Record of the Dillinger or Alphonse Capone MAFIAS. ( Much Worse EMPHASIS ADDED )
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