http://www.occupythebanks.com/2012/06/10000-arrests-hero-prosecutors-kill.html
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STATEMENT OF ABACUS FEDERAL SAVINGS BANK - Final Abacus Statement
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"Manhattan Grand Jury Indicts Abacus Federal Savings Bank and 11 Employees in Alleged Residential Mortgage Scam Topping Hundreds of Millions of Dollars
May 31, 2012
Nick Fury's Howling Commandos have struck another blow against alleged criminal disorder in the great City of New York. Led by Manhattan District Attorney Cyrus Vance, Jr., prosecutors believe that Abacus Federal Savings Bank and eleven former employees were the central platform behind the sale of fraudulent loans to Fannie Mae. Not merely one or two loans, prosecutors contend these men and women perpetrated a false document mortgage fraud scheme involving sales in the hundreds of millions of dollars. Beyond the eleven individuals arrested in this scheme and the indictment of Abacus Bank, eight other former employees have already pleaded guilty to various felony offenses.
Among other crimes, the 184 count indictment against Abacus Bank and her eleven former employees charges Residential Mortgage Fraud in the First Degree (New York Penal Law 187.25), Residential Mortgage Fraud in the Second Degree (New York Penal Law 187.20), Grand Larceny in the First Degree (New York Penal Law 155.42, Second Degree Grand Larceny (New York Penal Law 155.40) and Falsifying Business Records in the First Degree (New York Penal Law 175.10). The most serious of these offenses, NY PL 187.25 and NY PL 155.42, are "B" felonies that require a minimum of one to three and a maximum of eight and one third to twenty five years in prison post conviction. The "C" felonies of NY PL 155.40 and NY PL 187.20 do not have mandatory terms of incarceration for first time felony offenders, but carry a maximum sentence of five to fifteen years in prison. NY PL 175.10 is an "E" felony with a potential punishment of up to four years in state custody.
If prosecutors are correct in their allegations, the defendants involved in this roughly five year long mortgage fraud scam were not low end employees. In fact, the New York County District Attorney's Office believes that those involved were former senior managers and former employees who worked in various capacities for Abacus Bank's lending business. (continues)"
Source:
http://www.newyorktheftandlarcenylawyersblog.com/2012/05/manhattan-da-indicts-abacus-federal-savings-bank-and-19-employees-in-alleged-mortgage-scam.html
HUGE THANKS TO THIS LAW FIRM FOR COVING SOME REAL NEWS ABOUT THE DARK CABAL; why don't you give them your business! Clearly not under the control of the BUSH ROMNEY #OpBLACKHEATH ROGUE DHS AGENCY ... ;) HOORAY! :)
Come on American lawyers; YOUR ENTIRE COUNTRY IS BEHIND YOU; take down the Dark Cabal; get filing your cases ALL NOW!! Banking lawyers here you go; a 1100 page pleading from THE BIG CASE in South Africa awaits:
No excuses now ... ;) That's ...
The White Rabbit!
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