Stew Webb: Worldwide Financial Criminal Network Revealed Part1
(MDC-NYSE) Denver Headquarters of Organized Crime. Illegal Mortgage Backed Securities $100 Trillion, Bank Bailouts, Derivatives $5,000 Trillion and the theft of 12 million American’s Homes through illegal foreclosures.
By Stew Webb
Denver’s Organized Crime Boss Hogs Leonard Millman and Larry Mizel who run MDC a Financial Conglomerate of Organized Crime who are the Bankers behind the Illegal Mortgage Backed Securities Frauds that lead to the 2008 Bank Bailout which was set up by their partner in crime U.S. President George W Bush to loot the U.S. Treasury and hide their crimes. U.S. Attorney General Eric Holder and his Law partner Lanny Breuer maintained the cover up without any prosecutions of these horrendous crimes. Eric Holder and Lanny Breuer head of the Justice Department’s criminal division were partners for years at a Washington law firm that represented a Who’s Who of big banks and other companies at the center of foreclosure fraud. Breuer resigned last year from the Justice Department after a series on the Bank Frauds done by PBS Frontline.com.
The firm, Covington & Burling, is one of Washington’s biggest law firms and represented Financial Fugitive and Scamster Marc Rich when U.S. President William Clinton gave Rich a Presidential Pardon before leaving office in 2000.
The Justice Department hasn’t brought any criminal cases against big banks or other companies involved in Mortgage Frauds, Mortgage servicing, even though the evidence of criminal violations in foreclosure cases are overwhelming the only one who seems to being his job is the Kentucky Attorney General. The evidence, including records from federal and state courts and local Clerks’ offices around the country, shows widespread forgery, perjury, Obstruction of Justice and illegal foreclosures on the homes of over 12.5 million American’s.
While Holder and Breuer were partners at Covington, the firm’s clients Included four of the largest U.S. banks, Wells Fargo, Bank of America, Citigroup, JP Morgan Chase. Servicers perform routine mortgage maintenance tasks, including filing foreclosures, on behalf of mortgage owners, usually groups of investors who bought mortgage-backed securities. Law firm Covington represented Freddie Mac, one of the nation’s biggest issuers of mortgage backed securities, in enforcement investigations by federal financial regulators. A particular concern by those who have been pressing for an investigation is Covington’s involvement with Virginia-based MERS Corp, also known as Mortgage Electronic Registration Systems Inc., also known as MERS, which runs a vast computerized registry of mortgages. Little known before the mortgage crisis hit, MERS, which stands for Mortgage Electronic Registration Systems, has been at the center of complaints about false or erroneous mortgage documents. MERS was created in 1993 by Larry Mizel to cover his back on Illegal Mortgage Frauds dating back to 1977.
CIA Whistleblower Gene Chip Tatum told this reporter that in 1977 while working for DIA Defense Intelligence Agency under the direction of former CIA Director William Colby, Tatum’s direct boss that he and others were ordered to transport files from Don Holmes of Valley Savings and Loan in Lamar, Colorado to the Law Office of Norman Brownstein in Denver. This occurred 5 days per week and in these boxes that Gene Tatum and others transported to Brownstein these boxes contained nearly 150 illegally created Mortgages per week. Additional Collaboration from a CIA source stated that it began with the Sharpsville Savings and Loan in Texas in 1977 as a test to see if Leonard Millman and George HW Bush could get away with these Illegal Mortgages to bleed the (FDIC) Federal Deposit Insurance Corp., and Freddie MAC and Fannie May.
But evidence in numerous state and federal court cases around the country has shown that MERS authorized thousands of bank employees to sign their names as MERS officials. The banks allegedly drew up fake mortgage assignments, making it appear falsely that they had standing to file foreclosures, and then had their own employees sign the documents as MERS “Vice Presidents” or “assistant secretaries. Covington in 2004 also wrote a crucial opinion letter commissioned by MERS, providing legal justification for its electronic registry. It isn’t known to what extent if any Covington has continued to represent the banks and other mortgage firms since Holder and Breuer left. There also is evidence of routine manufacturing of false mortgage assignments, documents that transfer ownership of mortgages between banks or to groups of investors. In foreclosure actions in courts mortgage assignments are required to show that a bank has the legal right to foreclose. John O’Brien Jr., register of deeds in Salem, Mass., announced that he had sent 31,897 allegedly fraudulent foreclosure-related documents to Holder. O’Brien said he asked for a criminal investigation of servicers and their law firms that had filed the documents because they “show a pattern of fraud,” forgery and false notarizations.
Continue reading at .... http://www.veteranstoday.com/2014/06/15/worldwide-financial-criminal-network-revealed-part1/
Posted by enerchi at 6/17/2014 12:28:00 PM
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