Marketwatch | April 23 2012
Largest International Money Laundering Network in History Formed During Obama Administration; U.S. Banks’ Theft of Home Owners’ Money Laundered Through Cayman Islands, Isle of Man and Numerous Offshore-Based Affiliates
NEW YORK, NY, Apr 23, 2012 (MARKETWIRE via COMTEX) — In a lawsuit alleged to involve the largest money laundering network in United States history, Spire Law Group, LLP — on behalf of home owners across the Country — has filed a mass tort action in the Supreme Court of New York, County of Kings. Home owners across the country have sued every major bank servicer and their subsidiaries — formed in countries known as havens for money laundering such as the Cayman Islands, the Isle of Man, Luxembourg and Malaysia — alleging that while the Obama Administration was publicly encouraging loan modifications for home owners, it was privately ratifying the formation of these shell companies in violation of the United States Patriot Act, and State and Federal law. The case further alleges that through these obscure foreign companies, Bank of America, J.P. Morgan, Wells Fargo Bank, Citibank, Citigroup, One West Bank, and numerous other federally chartered banks stole hundreds of millions of dollars of home owners’ money during the last decade and then laundered it through offshore companies. The complaint, Index No. 500827, was filed by Spire Law Group, LLP, and several of the Firm’s affiliates and partners across the United States.
Far from being ambiguous, this is a complaint that “names names.” Indeed, the lawsuit identifies specific companies and the offshore countries used in this enormous money laundering scheme. Federally Chartered Banks’ theft of money and their utilization of offshore tax haven subsidiaries represent potential FDIC violations, violations of New York law, and countless other legal wrongdoings under state and federal law.
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Money laundering lawsuit against Fed could be tied to Obama staff shakeup
http://www.examiner.com/article/money-laundering-lawsuit-against-fed-could-be-tied-to-obama-staff-shakeup
http://www.craigbhulet.com
What’s also interesting is that this article is no longer on the WSJ website. The appearance of conspiracies and improprieties run rampant
Hi Rich, I just followed the link to Marketwatch and the article is indeed gone. It doesn’t necessarily follow that the removal of the story is a cessation of the suits. It simply means that some truthful disclosure crept into the Main Stream Miasma for one brief moment in time before it was seen as having potential to drive even more lawsuits. I don’t have the time but it would be interesting if someone looked up the Spire Law offices website to see what info might be available concerning same. Blessings, G
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I LOVE THIS ALL, finally the big clean-out has started. Corrupt bankers are been brought to court, justice has finally arrived.
LOVE and LIGHT
Hi Foeke! Yes. I love this all too. It’s past time a new reality was born and this jaded, corrupt game across the entire earth goes away. Thanks for commenting. Blessings ~G
The first article published about this was removed pretty damn promptly. I have never been an activist but now I realise that there is a lifetime’s work to be done to fix the broken powers that be. This story should be EVERYWHERE. It is HUGE and the fact that it is not recognised as such is a very concerning sign about the lack of morals and the acceptance of this void in our society. We need to spread this information for ourselves and unfortunately cause the outrage that this case should be evoking in every self respecting member of society imho
Thanks for commenting, Stefan. You’re right about this. Spire is to be commended for remembering that “justice” isn’t “just us.” It’s neutral and weighs evidence before deciding outcomes. Blessings. G