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Thoreau, Rico & Mortgage Fraud
Jim Willie
ig banks. Civil disobedience has already taking form in popular protest. However, the recent events surrounding illegal home foreclosure seizure of properties elevates the exposed fraud to a new level. This is a boil ready to break open upon the society. The cases where people have been removed from their homes, even when no bank loan exists (as in owned free & clear), by means of fraudulent and forged documents, has finally provoked RICO law provisions. Witness the prima facie case of organized crime extended from Wall Street, whose roots lie most likely in Fannie Mae itself. The legal industry has finally joined the fray in class action lawsuits. Defense citing errors made have been met with accusations of fraud, quite a different game
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http://www.kitco.com/ind/willie/oct062010.html
Oct. 6, 2010