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CRIMINAL INVESTIGATION INTO THE FORECLOSURE FRAUD OF BANKS Due to Mail or Wire Fraud Laws by False Paperwork!

Sherrie

I would LOVE To see the Bankers Go Down in Handcuffs! But, I don't have much hope in this, since it is at a Federal Level and we know all the politicians are bought and paid for by the banks. So they will stop or correct any real criminal investigation. I bet there will be intimidating phone calls to those involved in investigating the criminal aspect, by the minions of the banks.

I am still thrilled this information has been released by a MSM outlet. That means more and more people are going to start questioning and hopefully Standing up for their rights and Against the Fraud!

Portion:

The Obama administration's Financial Fraud Enforcement Task Force is in the early stages of an investigation into whether banks and other companies that submitted flawed paperwork in state foreclosure proceedings may also have misled federal housing agencies, which now own or insure a majority of home loans, according to these sources.

The task force, which includes investigators from the Justice Department, Department of Housing and Urban Development and other agencies, is also looking into whether the submission of flawed paperwork during the foreclosure process violated mail or wire fraud laws. Financial fraud cases often involve these statutes.

Link to all information on MERS Foreclosure Fraud Updates

EDIT - Michael Rivero from WhatReallyHappened emailed me back, regarding this information. He thought of something I did not, he said this:

They will use the Fed investigation to shut down the state investigations

I had not thought of that - But he is Right - they will/may shut down the AG's joint investigation and make it Federal - MORE Control and Stopping any Real Charges against the Banks!

sherriequestioningall.blogspot.com/2010/10/news-is-awesome-today-breaking-criminal.html

Oct. 19, 2010

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