Unusually poor record of lending to people in low-income.
Obamaites are like cockroaches there all over the place.
I suppose that if this case didn't have anything to do with waters the LA Times would've used the conventional term RAPE.
mmm mmm mmm
More banking problems
This time Waters will go under the bus
(WOnder what the bank’s connection to CHicago/Obama is?)
Anyone at OneUnited Bank involved in any criminal activity, illegalities, and improprieties needs to be held accountable. Jail time is mandatory.
We need to connect the dots to Waters federal and state campaign finance filings. If M/M Waters colluded to extort TARP money for OneUnited Bank that was legislated for one purpose.....but that TARP money was converted for other purposes---perhaps even campaign donations----that is illegal.
ACTION The FBI should interrogate M/M Waters to determine if anything of value was exchanged---money, jobs, campaign contributions, political cover---in exchange for bailout money, and the extent of the collusion to misuse Congressional influence.
POSSIBLE CHARGES: illegal conversions; facilitating govt fraud; official acts prohibited; misuse of Congressional funds; abuse of public office; violating oath of office; misuse of government position; abuse of government power; conflict of interest; influence buying; conspiracy to deceive; misuse of elective office, collusion, conspiracy to collude; falsifying official documents, presenting false instruments for filing.
M/M Waters official campaign finance records filed with the FEC, and state election commissions, should be scrutinized for possible violations. (a) Determine if names of contributors are legit, (b) whether campaign contributions were disguised. (d) whether they colluded and agreed to give/get something of value, campaign assistance, campaign cash, a govt gratuity, jobs for relatives, etc, in exchange for TARP money.
FBI TIP PAGE http://tips.fbi.gov/ (you may remain anonymous)
Schemes such as illegal conversions and money laundering to evade the IRS, SEC, FEC and US banking laws may have been utilized.
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Since several felonies have been alleged, it is also possible that other federal offenses have also been committed including but not limited to;
Title 18 U.S.C. §1341, Mail Fraud,
18 U.S.C.§1001, Presenting a False Document to the an Agent of the US Govt;
18 U.S.C.§1027 False statements and concealment of facts WRT documents required by the Employee Retirement Income Security Act of 1974
Other possible offenses including civil and/or criminal RICO violations.
18 U.S.C. §§1961-68 (RICO Act)
18 U.S.C. §1001 (False Statements to Agents of the US Government),
18 U.S.C. §241 (Conspiracy Against Civil Rights).
Full investigations of a RICO conspiracy under 18 U.S.C. §1962(c) are warranted because (1) the defendant persons (2) were employed by or associated with an enterprise (3) that engaged in or affected interstate commerce and that (4) the defendant persons operated or managed the enterprise (5) through a pattern (6) of racketeering activity, and (7) the complaints were injured in its business or property by reason of the pattern of racketeering activity.
Thus, a formal RICO investigation is warranted, since violations of Title 18 U.S.C. §241 may have occurred. Conspiracy Against Constitutional Rights – prohibits in relevant part, “two or more persons (from conspiring) to injure, oppress, threaten, or intimidate any person in any State, Territory, Commonwealth, Possession, or District in the free exercise or enjoyment of any right or privilege secured to him by the Constitution or laws of the United States, or because of his having so exercised the same . . .” See, 18 U.S.C. §241.
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OneUnited Bank filed thousands of document. Taxpayers demand to know the scope and dimension of deceptive and intentionally ambiguous information contained therein.
OneUnited Bank may have violated RICO (the Racketeer Influenced and Corrupt Organizations Act) by generating fraudulent documents to extort taxpayers and steal govt monies.
L/E should place a hold on all OneUnited Bank documents. Stealing and conveying (or destroying) official govt records nets 10 years in prison and a $250,000 fine. L/E should also look at Computer Trespass--a class C felony if access is made with the intent to commit a crime and/or the violation involves a computer or database maintained by a government agency.
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Did OneUnited Bank advertise low ball salaries for public consumption, then file falsified papers to get much higher salaries. LE should examine all OneUnited Bank perks, expense accounts, unauthorized 6-figure bonuses, pensions, tax-evading annuities, etc, etc, etc.
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THE BIG ONE M/M Waters’ tax returns will reveal their actual bank income compared with the bank’s accounting entries. In particular, examine M/M Waters’ “interest income” on IRS forms.
IRS TOLL-FREE 1-800-829-0433 (you may remain anonymous when reporting possible tax fraud).
The IRS should relentlessly pursue these individuals to determine if all relevant income was reported and whether all taxes due were paid (stolen money is taxable).
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THE MODUS OPERANDI? (1) Awarding bloated contracts to cronies and family that had “kickback” written all over it? (2) Pricing a contract lower on paper then increasing the amount taken out of the budget? (3) Having a hidden equity interest in companies receiving contracts?
NEEDS TO BE DONE NOW L/E must should demand all records filed by OneUnited Bank. L/E may be looking at the legal parameters of prosecutable crimes including collusion, making false statements to state/federal officials, obstructing proceedings before state/federal agencies, conspiracy; obstructing and delaying US justice.
Uh, no...that’s CRIMINAL past!!!
Thanks for the ping; post. Thanks to every researcher/educator/linker. OUTSTANDING thread! BTTT!