Re: Wells Fargo Has Blood On Its Hands

Desperate Man Commits Suicide After Shocking Foreclosure Mistreatment

“Here’s the shocker: right at the start the Rousseaus came up with proof that the bank had received the payment and had cashed the check.”

Here’s the Truth: these mafia-type actions are nationwide business models, systematic, institutionalized (“like an assembly line”), and robo-signed (with ENRONish smiles: “Screw grandma, we’re getting that house.”).

Imagine if the same method had been applied to Norman Rousseau over a car loan.  Aside from the constantly modified interest rates and incessant fee scams, down to the last eight months of payments everything was spot on from Normon: never missed a payment/never late/always had “proof.”  Then, out of something planned, everything just kept, somehow, going wrong – for him.

First, the “bank misapplied [his] payment.”  Next, the bank lost (shredded) a payment – three times in the last eight months of the loan.  Then, the bank continued losing (shredding) every element of Normon’s “proof”: the cashier’s check receipts, certified mail from him with returned signatures from them, certified mail from even his attorney, documentation that they were cashing the checks, and so on (“like an assembly line”).  Finally (in the process), the bank started sending out repossession trucks.  Norman screamed to many authorities, local, state, and national: “Will anyone help me?  This is an outright scam!  I am being robbed!  This is like the mafia!  I have ‘proof!’”

But, no one stepped forward who could help – because the systematic actions were blind-eyed and covered – all the way to the White House.

Yes, that would be one level of nationwide (wink-wink) fraud.  Yet, we are talking about millions of people’s actual houses/homes.

Remember Dimitris Christoulas?  Remember this Buddhist?

At some critical juncture, during all of the manufactured crises, may as many as possible have finally seen, realized, and experienced – enough.

Remember this?
Occupy: pepper sprayed
Then
Occupy: Awareness

The Christian Spirit Rests with Occupy Protestors
“Jesus went and occupied Jerusalem.  Martin Luther King Jr. went and occupied Memphis.  I am convinced that today the Christian spirit rests with those who occupy sites across the United States. . . .”

Foreclosure Fraud?  Obama Looks Forward

And when President Obama turned to Larry Summers and his apprentice Timothy Geithner and other Wall Street hacks to manage his economic team, it showed that “Hope” and “Change” really meant “Business As Usual.”

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7 Responses to Re: Wells Fargo Has Blood On Its Hands

  1. SeaClearly says:

    “The only ones who’ve been breaking any laws here are the banks, and I don’t see the police breaking down their doors in the middle of the night.” http://www.laprogressive.com/occupy-fights-foreclosures-2/

  2. SeaClearly says:

    “It turns out my mortgage payments were not being counted as payments; they were being counted as ‘miscellaneous applied funds.’” http://www.laprogressive.com/homeowner-advocates-wells-fargo/?

  3. SeaClearly says:

    WELLS FARGO FAKE ACCOUNTS SCANDAL SPREADS

    Today, Prudential Financial announced it would suspend the distribution of a low-cost life insurance policy through Wells Fargo. The low-cost life insurance policy, called MyTerm, had been promoted by Wells Fargo since 2014 throughout its large number of retail banking outlets.

    The suspension comes shortly after a wrongful termination lawsuit was filed by three former Prudential employees, which alleged that Wells Fargo employees signed up customers for MyTerm life insurance policies without the customer’s knowledge to hit sales goals. The plaintiffs, who worked at Prudential’s corporate investigations division, claim their reports of the fraud led to their termination because Prudential management did not want to take any action that could damage its business with Wells Fargo.

    If true, those allegations would fit an already established pattern of Wells Fargo employees creating fake customer checking, saving, and credit card accounts.

    https://shadowproof.com/2016/12/12/wells-fargo-fake-accounts-scandal-spreads-life-insurance-business/

  4. SeaClearly says:

    They even wrote up a sample legal complaint, seeking injunctive relief and millions of dollars in penalties.

    But Harris’s office, without any explanation, declined to prosecute the case.

    Mnuchin, the former CEO of OneWest, was already facing challenges in his upcoming Senate confirmation hearings on account of his bank’s ruthless foreclosure practices, ranging from locking out one homeowner during a Minneapolis blizzard to foreclosing on another over a 27-cent payment shortfall.

    https://theintercept.com/2017/01/03/treasury-nominee-steve-mnuchins-bank-accused-of-widespread-misconduct-in-leaked-memo/

  5. SeaClearly says:

    Wells Fargo charged 570,000 Customers for Auto Insurance They Didn’t Need

    Wells Fargo acknowledged Friday that for six years about 570,000 of its customers were charged for auto insurance they didn’t need, potentially driving some to default on their loan and have their cars repossessed.

    https://www.washingtonpost.com/news/business/wp/2017/07/28/wells-fargo-charged-570000-customers-for-auto-insurance-they-didnt-need-potentially-forced-some-to-have-cars-repossessed/?utm_term=.f4667f893b0c

  6. SeaClearly says:

    Wells Fargo Targeted ‘undocumented immigrants’ for Accounts

    Wells Fargo branches across the country deliberately targeted “undocumented immigrants” to open savings and checking accounts in order to meet aggressive sales goals, according to court documents.

    http://www.sfchronicle.com/business/article/Suit-Wells-Fargo-targeted-undocumented-11101574.php

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