The Many Ways Banks Commit Criminal Fraud

by George Washington
ZeroHedge.com
07/03/2012

The Libor scandal seems to be waking people up to manipulation and fraud by the big banks.

There are many other types of fraud they’ve engaged in as well …

Here is a partial list:

Committing massive and pervasive fraud both when they initiated mortgage loans and when they foreclosed on them (and see this)

Pledging the same mortgage multiple times to different buyers. See this, this, this, this and this

Cheating homeowners – especially veterans – from laws meant to protect people from unfair foreclosure

Full Piece…HERE

This entry was posted on Wednesday, July 4th, 2012 at 8:41 am and is filed under Conspiracy, Corruption, Economics. You can follow any responses to this entry through the RSS 2.0 feed.