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According to the Collins English Dictionary 10th Edition fraud can be defined as: "deceit, trickery, sharp practice, or breach of confidence, perpetrated for profit or to gain some unfair or dishonest advantage".[1] In the broadest sense, a fraud is an intentional deception made for personal gain or to damage another individual; the related adjective is fraudulent. The specific legal definition varies by legal jurisdiction. Fraud is a crime, and also a civil law violation. Defrauding people or entities of money or valuables is a common purpose of fraud, but there have also been fraudulent "discoveries", e.g. in science, to gain prestige rather than immediate monetary gain
*As defined in Wikipedia

Friday, December 9, 2011

Will the U.S. Allow Another TBTF Bank To Do Business Here and Rob Our People?

Huge Eurobank, rated 'Britain's worst,' now accused of gouging US consumers

The accusations are as outrageous as they are plentiful:  Hundreds of “robocalls” --  in one case, 800 to a single person -- to collect auto loan debts;  illegal repossession of cars from active duty military deployed overseas;  late fees assessed three years after the fact and then compounded into $2,000 or $3,000 bills; harassing calls to friends, neighbors, co-workers -- even children -- on cell phones. And now, a flurry of lawsuits filed around the country, and lawyers fighting over potential clients.

The defendant in the lawsuits is Europe’s largest bank, Banco Santander S.A., which is preparing to make a big push into U.S. retail banking. But many Americans already have been introduced to the Spanish financial powerhouse, a first encounter that many liken to a nightmare.
 Read it here

With all the existing bank fraud and criminal acts are our lame regulators going to allow this type of conduct?  Of course they are.  Why the more we can strip our citizens of their money and possessions, the quicker and better we can begin controlling the entire population and permanently destroy our Democratic Republic and our Consitution.

It is bad enough that our home grown banks like Goldman Sachs are allowed to rape, pillage and destroy but to allow foreigners to do the same to us is despicable.  For our government regulators to allow this type of business activity to go on here is to me tantamount to treason.  It is an act causing harm to the American public.  TREASON!!!!

We have the power - and duty - to stop this kind of business activity.  If it were you or I operating a small business in this manner we would have been stopped and arrested long ago in this venture.  Once again, we condone the actions of those who are big enough to orchestrate the continued transfer of wealth.  At this point it seems like our government doesn't care who steals our money or possessions.  All that seems to matter is that we are stripped of our worldly possessions so as to be dominated and controlled.

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Victimized said...

the system is at risk...listen

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