RICO finally catching on

2/4/11

By Jason Werner - for MSFraud.org

Massive pits of fraud line the offices of arguably all debt collectors and their friends, as well as most FDIC-member banks of course.

I have referred to most bank branches as RICO facilities, similar to "churches" because most banks do not operate any real kind of business. They operate a corrupt enterprise with a mission to abuse people, which of course is very similar to the actions performed by collections agents otherwise known as debt collectors.

I worked in financial services, whereby I was mostly blinded to all the fake business the banks (my former employers) play. And they do play; it really is a game to them. Most financial services institutions in America literally live, eat, and breath criminal deception: Fraud. They lie, lie, lie. They have no regard or respect for the law or mankind. 

You will see a conspicuous difference between clean and honest banks (not many left these days) along with most credit unions, compared with most FDIC-member banks (there are few exceptions). The big fraud players include, but is certainly not limited to Citi, Wells Fargo, US Bank (one of my former employers), Bank of America, PNC, SunTrust, Regions, Key, Charter One (RBS). And arguably all debt collectors are arguably worse.

Here is a great article:

A Lawsuit that Dirty Debt Collectors Should Worry About 

The author wrote about what the plaintiffs argued the debt collectors were doing in their claim:
* Buy debt with little documentation that the debt is accurate.
* File lawsuits claiming personal knowledge of the debt but using robo-signed affidavits instead.
* Deliberately fail to tell the "debtor" that the lawsuit is pending (a practice called "sewer service").
* Get a "default" judgment against the debtor when she fails to show up in court to defend herself.
* Enforce the judgment, including by freezing the debtor's bank account.

The article explained how a federal judge agreed that there was sufficient evidence for the plaintiffs class-action claim against a debt collector for Racketeer Influenced and Corrupt Organization (RICO).

Interesting though, if this judge believes that the debt collector defendants in the class-action lawsuit were indeed not actually operating a real business - which of course is a fact regardless of what the judge says - then this judge is compelled to believe that the Federal Deposit Insurance Act itself is being used to commit RICO crimes by nearly all FDIC-member banks, starting with the largest banks of course. I, personally, have made the exact argument about the fraudster, crooked, RICO banks when they were filing fraudulent lawsuits against me, whereas I was run out of court (municipal and federal) by the judges with orders to leave and even an MOU; they thought I was crazy.

 

But they're finally getting it. And it seems the judges are finally either throwing the bribes back at the crooked debt collector attorneys, or maybe the debt collector attorneys merely do not have enough cash, etc. with which to bribe the judges. Perhaps judges are beginning to worry that they may be charged with aiding and abetting or face a misprison of felony charge for not reporting the crimes brought before the court.

Jason Werner can be contacted at jwerner79@yahoo.com

About Jason Werner
Jason Werner is a whistleblower.  He has worked at lower levels of banks throughout college (graduated Cleveland State University, 2003) and followed with operations on both the lending and investment sides.  He has been involved in lawsuits with banks. He is also a former candidate for Congress.

Jason Werner
PO Box 38516
Olmsted Falls, OH 44138
216.570.9501
jwerner79@yahoo.com
http://jasonwerner79.blogspot.com/
http://www.youtube.com/watch?v=-ncr2E_BHEs