So now we see another way Wells Fargo achieved its amazing level of product cross-sells. As reported by the New York Times’ Gretchen Morgenson, not only did it sign up customers for accounts and credit cards without their knowledge, it also forced auto insurance onto them. And unlike the “fake accounts” scandal, where the actual monetary damage to customers was limited (although some suffered real credit score damage), Wells Fargo’s own hired gun, bank consultant Oliver Wyman, estimated that 274,000 were forced into delinquency and nearly 25,000 had their cars wrongfully repossessed from January 2012 through July 2016.
How did this come about? Wells would “automatically impose” auto insurance from National General on auto loan customers. National General was supposed to check if the borrower already had coverage but apparently didn’t. The insurance usually cost about $1000 a year, before any interest. Per Morgenson:
The insurance, which the bank required, was more expensive than auto insurance that customers often already had obtained on their own.
Continue reading Wells Fargo Unlawfully Charges 800,000 Accounts with Unnecessary Car Insurance
(ANTIMEDIA) Before the heroin epidemic became a nationwide problem, claiming thousands of lives, Plano, Texas, was already entrenched. And like many of the places caught in the crosshairs of the continuing heroin crisis, Plano is the last place that one would expect to be swept into the opioid tidal wave.
Anti-Media recently interviewed Texas-native Belita Nelson, who has had an interesting few decades. For six years she termed herself the “chief propagandist” — or spokeswoman — for the Drug Enforcement Agency (DEA). Before that, as a Plano mother and teacher, Belita noticed what was happening in her community. She described Plano as an area rivaling Newtown, Connecticut, or Cape Cod — tight-knit regions where tragedy strikes hard and deep.
Continue reading Ex-DEA Spokeswoman: ‘Marijuana Is Safe,’ Kept Illegal Because It’s a ‘Cash Cow’
A whistle-blower’s account of exposing massive fraud at UBS
Sunday, April 16, 2017, 1:14 PM
Just how bad is the ongoing fraud in the banking system? Get ready for a mind-bowing expose by a former insider at UBS.
Brad Birkenfield, author of Lucifer’s Banker: The Untold Story of How I Destroyed Swiss Bank Secrecy, recounts the efforts he uncovered by his employer to help its clients cheat the US government out of tens of $billions in taxes.
But despite his working with the government closely to expose the gigantic conspiracy between US-based tax cheats and the giant Swiss bank, UBS, the so-called Justice Department went after Mr. Birkenfeld for abetting tax evasion by one of his clients. After spending thirty months in Federal prison, he was released and three weeks later, received a whistle-blower check for $104 million, the largest such check ever from the IRS Whistle-blower Office.
Continue reading UBS Bank Whistleblower- Brad Birkenfeld: Lucifer’s Banker- Worse Than Anyone Thought Possible
This video distills the ultimate actions of the bankers and the common mis-understanding:
Hypothetically, a “fractional reserve Bank” loan you $100; $80 is paid back but then is defaulted by non-payment. How much profit/loss does the bank have?
The common misunderstanding is that the bank losses $20. This is untrue as the bank did not have the $100 before the debt obligation/negotiable instrument was signed.
Someone that comprehends that the $100 did not exist before the contract was signed would say the the bank made $80. This is accurate on the balance sheet of the bank. However, the banks are doing many other things with the debt.
Continue reading Every Loan by Every Fractional Reserve Bank is Fraudulent
April 14, 2016
Fraud as a way of life caters an extravagant banquet of consequences.
This can’t be said politely: the entire status quo in America is a fraud.
The financial system is a fraud.
The political system is a fraud.
National Defense is a fraud.
The healthcare system is a fraud.
Higher education is a fraud.
The mainstream corporate media is a fraud.
Culture–from high to pop–is a fraud.
[EDITOR’s NOTE: The entire Legal and US Judicial System is fraud.]
Need I go on?
We have come to accept fraud as standard operating practice in America, to the detriment of everything that was once worthy. why is this so?
Continue reading The Entire Status Quo Is a Fraud
Thanks to David Johnson:
I.R.S. is an agency of the Zionist Rothschild CROWN/VATICAN/SWISS Banking Cabal. It was set up in 1913 to tax/burden all U.S. corporations, to run up debt by design, and to enslave anyone stupid enough to think that they’re a U.S. citizen. If you pay “income” taxes on your pay for labor, you are a 10, on the 1-10 scale, dumb. The very top pinned post on this page explains your way out. If you have not watched and used that video, run to the mirror to look at the problem. WATCH THE VIDEO!!!! FRNs are MILITARY SCRIP for P.O.W./Enemies of the State/U.S. citizen/U.S. Government Employees.
Continue reading Lawful suit upon US Department of Justice to answer questions about fraudulent nature of IRS