Posts tagged fraud
“Bank of America stealing thousands of homes, and lying to the government about it.” (?)
B of A allegedly abused the HAMP program which was created to help homeowners approaching foreclosure. The bank allegedly threw out the paperwork of applicants who had fulfilled their end of the loan modification bargain, making the homeowner restart the modification process. Many people it is alleged fell into foreclosure who didn’t need to be there simply because the bank couldn’t get it’s act together. In many cases, as the attached article reports, it was worse than just incompetence.
Remember, Bank of America got bailed out by the taxpayers. The bank managed its books far worse than many of the homeowners facing foreclosure. Still mercy was in short supply at the bank.
Putting aside whether programs such as HAMP should have ever happened, and the fact that the housing crash was basically created by a too loose Fed, this is yet another example of a connected bank with all the right friends doing whatever it wanted while the average person with no political clout was left to swing in the breeze.
Bank of America’s mortgage servicing unit systematically lied to homeowners, fraudulently denied loan modifications, and paid their staff bonuses for deliberately pushing people into foreclosure: Yes, these allegations were suspected by any homeowner who ever had to deal with the bank to try to get a loan modification – but now they come from six former employees and one contractor, whose sworn statements were added last week to a civil lawsuit filed in federal court in Massachusetts.
Even a fiat currency and the casino game of fractional reserve standards are not enough to cover the never ending greed. Banks use your deposited money plus imaginary reserve policy funds to make bad bets, and lose. But who really lost? The banks get bailed out by Washington D.C. criminals, you get foreclosed on and then you are responsible for the cost of the bailout.
Part 1 of 4. To view complete please follow the link provided above. Bernie Madoff and other smaller fish got constant mainstream media coverage while the big ponzi scheme rolls along with white glove treatment, as it seems only the Wall Street thieves approved by D.C. are officially too big to fail.
Your thoughts appreciated below.
A former manager for one of the biggest US defense contractors says he was removed from his job after accusing his higher-ups of defrauding the government.
Cornelius Hosch, the one-time head of counter-IED intelligence for BAE Systems Information Solutions’ eastern Afghanistan office, sued his former employer in federal court on Tuesday.
Hosch, a US Army veteran with nearly 20 years of experience in the military, says his problems with BAE began after he alerted his supervisor to what he considered fraud in December 2011, just days after he started his employment with the company.
During his tenure with BAE, Hosch says the company overcharged the US government for services they were contracted to do.
“BAE was hiring certain personnel to complete logistical and administrative tasks but BAE was using these personnel to bill the government for more lucrative labor,” he alleges in the complaint, discovered by Courthouse News.
“By falsely and purposefully miscategorizing the work performed, BAE charged the government for more work than was actually performed or which was contractually permitted,” he claims.
After voicing his concerns with his supervisor, Hosch says he was harassed by higher-ups within the company. He claims to have spoken up against in February 2012, and was warned against voicing his concerns again.
“‘You better not talk to me again about labor category fraud and time card fraud because I am using guys at my HQ to do my admin and help Mr. Tutt with ghostwriting of FRAGO’s,” Hosch claims his former supervisor, Dan Weber, told him. Courthouse News suggests that “FRAGO” is shorthand defense-speak for “fragmentary orders.”
“Weber also threatened Hosch by saying that if he ‘kept it up’ then he would ‘end up like Tony,’ an employee whose contract was not extended after the first year because Tony would ‘question things’ that did not ‘look or sound right,’” the complaint continues.
Hosch says he reported Weber’s behavior and the allegations of fraud to his employer’s ethics department, and was removed from his job shortly after. He says BAE retaliated against him in violation of the False Claims Act and is seeking compensatory damages and special damages for mental and emotional distress and harm to his reputation.
By Ethan A. Huff
(NaturalNews) For at least the past 15 years, the U.S. Department of Agriculture (USDA) has been actively trying to develop new ways to decrease fraud in the federal food stamp program, which currently covers nearly 50 million Americans and adds more than 10,000 new enrollees to its ranks every single day, according to reports. But one disconcerting method the agency appears to be considering involves the potential use of radio frequency identification (RFID) chips to track and identify food stamp recipients at the national level.
Two separate reports quietly issued by the USDA’s Food and Nutrition Service program back in 1999 reveal that the agency’s ultimate goal is to develop new tracking protocols that will supposedly improve the integrity of the food stamp program, also known as the Supplemental Assistance Nutrition Program (SNAP). In both of these reports, the USDA explains how novel biometric identification technologies can help better verify the identities of food stamp recipients, and thus decrease fraud and “double-dipping.”
“Biometric identification technology provides automated methods to identify a person based on physical characteristics — such as fingerprints, hand shape, and characteristics of the eyes and face — as well as behavioral characteristics — including signatures and voice patterns,” reads the executive summary of one of the reports, entitled Introduction to Biometric Identification Technology: Capabilities and Applications to the Food Stamp Program.
Select states including California, New York, Illinois, Massachusetts, and New Jersey already employ biometric technologies like fingerprint identification, facial recognition, and even retina scans on the local and regional level, apart from a federal government mandate. But as pointed out by Brandon Turbeville over at Activist Post, this emerging roll-out of new biometric ID programs across the nation has been intentionally gradual so as not to raise too much negative attention about this encroaching violation of individual liberty and personal privacy.
Government pushing RFID as solution to fraud, waste
How does this all tie in with potential RFID chips? Part of this biometric paradigm that the USDA has embraced includes the use of RFID chips, which are already being embedded into credit cards and various other payment devices. Such technology is claimed to help reduce credit card fraud, which means it may be the logical next step for EBT, WIC, and other social welfare problems that are said to be heavily abused by criminals. This type of system is already in place throughout India, after all, where biometric ID cards were recently issued to all of the country’s 1.2 billion residents — and America appears to be next.
“Like the Indian UID program, the roll-out of the American system will require fingerprinting of individuals receiving food stamps under the guise of reducing fraud,” writes Turbeville. “[L]ike the early status of the Japanese version of the UID, the Juki-Net, the emerging American system is currently being implemented on a state-wide or local basis (county or city), with no administration by the [federal government].”
Sources for this article include:
Imaged added to original post.
Published on Jan 26, 2013 by Eduardo89rp
Ron Paul giving the Carl Davis Distinguished Lecture on “The Libertarian Future”
Christina Tobin of Free & Equal interviews Amber Lyon, Emmy Award winning journalist and whistle blower. Free & Equal has been on the fore front against the limited choices that We The People have been stuck with thanks to the two party duopoly sitting in D.C. Please visit Free & Equal and support their actions as best you can. The lead in and interview to follow.
Emmy Award-Winning Whistle Blower Amber Lyon Broke Away from CNN; Here’s Her Side of the Story!
Free & Equal empowers people to demand liberty, honesty and integrity from those they vote for. Amber Lyon is encouraging Americans to demand the same from journalists. Together, honest journalism and open elections can transform America – and that change is already beginning.
Amber Lyon, a three-time Emmy award-winning journalist, became famous during the Arab Spring, when she reported on Bahrain’s human rights violations and couldn’t get CNN to air certain stories; she investigated further and discovered that CNN was in fact was taking money from dictators worldwide in exchange for content.
Since Amber Lyon was fired after over a year of conflict with her bosses, she has been pursuing her vision of journalism by acting “as a watchdog of government and a muckraker, not a puppet.”
Free & Equal is dedicated to supporting integrity like Amber’s by uniting all honest media, musicians, authors, leaders, and providing support for grassroots movements and causes, including breaking the stranglehold of the two-party system.
Free & Equal’s next two podcasts will feature Intellectual Revolution’s Ty Loomis and Matt McKinney (www.intellectualrevolution.tv). Then 2012 Presidential Candidates -Gov. Gary Johnson of Libertarian Party (www.garyjohnson2012.com) and Jill Stein of the Green Party (www.jillstein.org). Stay tuned!
Creating honest media can only be done with the help of people who are tired of mainstream misdirection.
You can subscribe to the Free & Equal podcast through iTunes directly or through Podomatic at this link. You also can listen to the show through the Free & Equal mobile app currently available for the Android device and soon to be available for iPhone.
In this episode, Max Keiser and Stacy Herbert argue over whether things are looking better or worse for the American worker. While Stacy argues that the return of some manufacturing is a sign that wealth creating jobs may return to the US, Max counters that the system is so corrupt that the chances of labor getting any cut of the wealth is nil and that the Internet giants will prevent the rise of a powerful decentralized economy online.
In the second half, Max Keiser talks to Professor Jonathan Feldman about the Global Teach-In and about a boycott and short sale campaign and creating an industrial policy for America because right now the US even outsources some military production to China.
By John Nicol and Dave Seglins, CBC News
Back and forth shipments prompt accusation of fraud, EPA and CBSA probes
The mystery of the trainload of biodiesel that crossed back and forth across the Sarnia-Port Huron border without ever unloading its cargo, as reported by CBC News, has been solved.
CBC News received several tips after a recent story about a company shipping the same load of biodiesel back and forth by CN Rail at a cost of $2.6 million in the summer of 2010. It turns out the shipments were part of a deal by a Toronto-based company, which made several million dollars importing and exporting the fuel to exploit a loophole in a U.S. green energy program.
The entire U.S. biodiesel market has been the centre of controversy and even legislative hearings this summer over problems with the regulatory program administered by the U.S. Environmental Protection Agency (EPA). The fallout and distrust of a market-based biodiesel credit system has had several repercussions for the industry, particularly for fledgling biodiesel companies trying to produce environmentally friendly fuel. The recent CBC reports on that train to nowhere have prompted an investigation by the Canada Border Services Agency (CBSA), as well as a further investigation by the EPA.
The company that organized the train shipment was Bioversel Trading Inc. of Toronto. Its principal, Arie Mazur, gave CBC a detailed explanation this week explaining that the trip was all about RINs — renewable identification numbers — the credits set up by the EPA to promote and track production and importation of renewable fuels such as ethanol and biodiesel.
The complicated deal unfolded in the final two weeks of June 2010.
Train records used to generate millions in RIN credits
Bioversel Trading hired CN Rail to import tanker loads of biodiesel to the U.S. to generate RINs, which are valuable in the U.S. because of a “greening” policy regulating the petroleum industry. The EPA’s “Renewable Fuel Standard” mandate that oil companies bring a certain amount of renewable fuel to market, quotas they can achieve through blending biofuel with fossil fuel or by purchasing RINs as offsets.
Because RINs can be generated through import, the 12 trainloads that crossed into Michigan would have contained enough biodiesel to create close to 12 million RINs. In the summer of 2010, biodiesel RINs were selling for 50 cents each, but the price soon fluctuated to more than $1 per credit.
Once “imported” to a company capable of generating RINs, ownership of the biodiesel was transferred to Bioversel’s American partner company, Verdeo, and then exported back to Canada. RINs must be “retired” once the fuel is exported from the U.S., but Bioversel says Verdeo retired ethanol RINs, worth pennies, instead of the more valuable biodiesel RINs. Bioversel claims this was all perfectly legal.
However, one of the companies Bioversel approached to be the ‘importer of record’—Northern Biodiesel Inc. of Ontario, N.Y. — discovered that the same fuel was going back and forth across the border and the same gallons were being used to repeatedly generate new RINs under their company’s name. The company called the EPA and also sent a letter that would become an open letter to the biodiesel industry, accusing Bioversel of “trying to perpetrate a fraud against NBI and the Renewable Fuel Standard program.”
The EPA, which has a buyer beware policy for oil companies that buy RINs, did not act immediately, and the industry has been begging for it to play the role of sheriff on this case and others. The EPA won’t comment on continuing investigations, but insiders said the case is still under investigation.
Trust in US biodiesel credits shaken
Many observers of the Bioversel deal of 2010 doubt the RINs repeatedly generated on the same gallons of fuel are legal.
“If the facts in your story bear out, there needs to be some people go to prison,” said Joe Jobe, CEO of the U.S. National Biodiesel Board. “It’s not a victimless crime. [RIN fraud] has impacted the livelihoods and jobs of absolutely everybody in this industry, and it has cost the folks in the petroleum industry who have to comply with this, millions and millions of dollars and it has put small- and medium-sized biodiesel producers completely out of business.
“We’ve taken this very seriously. I testified before the House energy oversight committee this summer. Congress has been whopping mad about [RIN fraud] as well.”
CBC has contacted the EPA repeatedly is recent days asking for an opinion on whether the Bioversel imports were legal. The agency has refused to comment.
Northern Biodiesel owner Bob Bechtold says his company’s role in the deal made it a victim. His firm agreed to act as importer to generate the RINs, but when the paperwork wasn’t forthcoming from Bioversel, one of his employees called CN Rail to find out what was happening at the border.
“All we got from [CN Rail] was that there was a curious thing happening, that there were a number of cars that just kept going back and forth across the Canadian border,” he told CBC News. “When we started smelling something that was weird, we called the EPA, and notified them that this was happening, and then we called the company that we were doing this transaction with and said we’re not doing any more business with you.”
Bechtold said Bioversel had a “fit.”
“First they threatened us that we were breaking the contract,” he said. “One person came here and tried to insist that I would be in a lot of trouble because of breaking the contract, and I assured him that I thought he would be in a lot more trouble if this continued. Then they offered to buy our company, which we thought was pretty absurd, and I basically sent him on his way.”
In its letter to the EPA, Northern Biodiesel cautioned its RIN company codes had been compromised, alleging that Bioversel’s partner company, Verdeo, took its numbers and made up new RINs “as if the biodiesel has been blended into the U.S. transportation fuel stream and separated from the renewable fuel. Then they were illegally sold by Verdeo to parties obligated to acquire RINs by the Renewable Fuel Standard.”
Northern Biodiesel insisted the RINs issued were not valid because it had never received any bills of lading or chemical analysis reports from Verdeo, and thus Northern Biodiesel never reported/certified them with the EPA. However, millions of these RINs were sold in its name.
As a result, Northern Biodiesel RINs became tainted within the industry and Bechtold said that put him out of business.
“That was about the dumbest thing we ever did,” said Bechtold about the letter and coming forward to the EPA. “We thought we were saving the industry, doing good to protect the industry, but it ended up being the kiss of death for us, because we are no longer able to participate in the field.”
Beyond this case, the entire U.S. biodiesel RIN system has been plagued by problems, loopholes and even outright frauds. It has all undermined efforts to get U.S. industry to use more renewable fuels and has left big oil companies and other major fuel purchasers wary of smaller producers.
Biodiesel plant set for Welland, Ont.
Bioversel Trading told CBC News this week that everything it did was legal and insisted they never directly generated or sold RINS. The company also distanced itself from its partner Verdeo, even though one of Verdeo’s former names was Bioversel Trading (US), and Arie Mazur of Bioversel Trading (Canada) was a former director and executive of the US company.
Bioversel Trading of Toronto is at the centre of a probe by the European Union and the CBSA, which claims in search warrant documents (executed on their Toronto office last spring) that the firm is suspected of exporting American biodiesel to Romania and Italy while saying it was Canadian, to avoid huge duties. That would amount to violations of the Customs Act – but have never been proven. Bioversel Trading flatly rejects the CBSA allegations.
The Bioversel family of companies has changed its names in Canada and the U.S., and has also been embroiled in several lawsuits in the U.S. over its trading in biodiesel fuel.
One of the companies that shares the same Toronto office space, once known as Bioversel Sarnia Inc., is now known as Great Lakes Biodiesel (GLB), which is planning to open a biodiesel plant in Welland, Ont. Mazur’s lawyer said Mazur is no longer a director of Great Lakes, but confirms a Mazur’s involved in, Einer Canada, is a shareholder of GLB.
If it opens in early 2013 and meets its production targets, Great Lakes Biodiesel is eligible for $65 million in Canadian government subsidies over the next five years under the federal eco energy biofuels incentive program.
Republished with permission.
There is no democracy in the United States.
American political life is dominated by one party with two heads, often called the “Republicrats”.
Republicans and Democrats agree on core issues and only argue on technicalities. Obama, who was portrayed as a peaceful saviour in the last presidential elections, has demonstrated during his four years in office that he is not much different from his predecessor.
Nobel “Peace” Prize Laureate Barack Obama’s “war record” is worse than that of George W. Bush; the civil rights of Americans have shrunk further in the last four years and President Obama has shown that that is he is closer to Wall Street than to Main Street.
Mitt Romney and Barack Obama are more of the same on key issues as Glen Ford explains:
To any objective observer, the consensus that exists between Barack Obama and Mitt Romney on the fundamental issues of war and peace, Wall Street’s dominance of American life, and fiscal austerity, has been made crystal clear in the two “debates.” In the absence of effective popular resistance to the duopoly of money, the economic and social crisis fails to create a corresponding political crisis for the rulers. As a result, there is nothing important for them to debate. (Glen Ford, Obama-Romney: The Duopoly Debates Itself)
But how are Presidential debates regulated? The history of the Commission on Presidential Debates sheds light on how and why other parties are excluded from the political debate and kept away from the public’s eyes and ears:
The Commission on Presidential Debates is a private corporation headed by the former chairmen of the Republican and Democratic parties. The CPD is a duopoly which allows the major party candidates to draft secret agreements about debate arrangements including moderators, debate format and even participants. The result is a travesty riddled with sterile, non-contentious arguments which consistently exclude alternative voices that Americans want to hear. (VIDEO : SpartacusMoriarty, The Truth About the Commission on Presidential Debates)
In 2008, while the Republicrats agreed on bailing out Wall Street, ALL other presidential candidates were against this massive institutionalized fraud. Thanks to the Commission on Presidential Debates, Americans were led to believe that the bank bailout was not only inevitable but in the public interest. Americans were not prevented from hearing the dissenting political voices, who were opposed to this odious debt. The same goes for the Republicrats’ Imperial design fueled by “the war on terrorism and regime change, defended by both Romney and Obama as a legitimate “humanitarian” undertaking
By Adan Salazar
With the presidential election weeks away, residents of Guilford County, North Carolina were alarmed to find out that their voting machines may have been manipulating votes, as some claim their votes for Romney were changed to votes for Obama.
“I was so upset this could happen,” voter Sher Coromalis told MyFox8.com. Coromalis tried at least three times unsuccessfully to cast her vote for Mitt Romney at early polling, and each time her vote was counted as a vote for Obama.
Coromalis also said she had to press the selection button several times before it was accepted, a problem another voter, Marie Haydock, confirmed having. “The frustration is every vote counts,” Haydock told Fox, convinced that numbers reported by recent Gallup and Rasmussen polls actually reflect the people’s choice.
The Guilford County board of elections tried to explain off the mishap, saying this type of problem is definitely “not a conspiracy” and is solved by recalibrating the machine. “It’s not a conspiracy, it’s just a machine that needs to be corrected,” Guilford County Board of Elections Director George Gilbert said trying to calm suspicions of foul play.
Infowars has always held a non-partisan stance on elections and presidential candidates. In the past, we’ve also reported on numerous instances of voter fraud, a practice that is almost as American as apple pie and baseball.
North Carolina was recently at the center of a controversy where nearly 30,000 names of registered voters were actually dead people. “Mainly, what we’re concerned about is the potential [for fraud],” Voter Integrity project director Jay DeLancy told the Charlotte Observer. “Since there is no voter ID law in North Carolina, anybody can walk in and claim to be anyone else.”