Forum Post: Not only did we BAIL-OUT the big banks, now we learn they’ve were STEALING over the last decade too...
Posted 13 years ago on Oct. 9, 2011, 10:34 a.m. EST by sfck23
(34)
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This movement is about JUSTICE for the criminal behavior on Wall St. that stole from taxpaying citizens and the government…
Do you want justice also?
"Some of the nation’s biggest banks and mortgage companies have defrauded VETERANS and TAXPAYERS out of HUNDREDS of MILLIONS of dollars by disguising ILLEGAL FEES in VETERANS’ home refinancing loans, according to a whistle-blower suit unsealed in federal court in Atlanta.
“The lawsuit accuses WELLS FARGO, BANK of AMERICA, J.P. MORGAN CHASE and GMAC Mortgage, of engaging in “a brazen scheme to defraud both our nation’s veterans and the United States treasury” of millions of dollars in connection with home loans guaranteed by the VA."
“This is a very significant case,” Patrick Burns, spokesman for the non-profit Taxpayers Against Fraud, said Tuesday. “It deals with WIDESPREAD FRAUD from VETERANS who were personally pick-pocketed for hundreds if not thousands of dollars, and the liability has been shoved on the FEDERAL GOVERNMENT.”
“During the past decade, more than 1.2 MILLION of the refinanced loans made to VETERANS and their families, and up to 90 % may have been affected by the alleged fraud, according to attorneys for the plaintiffs.”
Oct. 4, 2011 - Washington Post http://www.washingtonpost.com/politics/suit-alleges-banks-and-mortgage-companies-cheated-veterans-and-us-taxpayers/2011/10/04/gIQATp4RLL_story.html
taxpayers BAILED-OUT the big banks in order to prevent gobal economic collapse
taxpayers learn that over the last 10 years “widespread FRAUD from WELLS FARGO, BANK of AMERICA, J.P. MORGAN CHASE and GMAC Mortgage, pick-pocketed VETERANS for millions of dollars...
the liability of this fraud has been shoved on the federal government (Dept. of Veteran Affairs).”
NOW the taxpayers have to pay to investigate this fraud!!!
ENOUGH is ENOUGH, justice is HERE… DEMOCRACY LIVES!
A CALL TO ACTION: Close your BofA accounts this thursday 10.13! Push the bully out of the ring!