Can Rev Wright produce documents WRT (1) his mortgage, and (2) where he spent the $10M? Assuming he can, do the Wright documents coincide with the reasons stated on his loan applications? Filing a false application for a loan is prosecutable.
Moreover, using a bank to commit financial crimes triggers several investigative agencies since bank patrons, depositors and investors may have been financially harmed by irregularities. If the bank did not prevent financial irrgularities, ShoreBank itself might be charged with fiduciary negligence.
The FBI, US Postal Service, IRS, and SEC should determine whether conspiracies to collude for personal profit occurred.
Forensic auditors might uncover falsified official documents submitted for the purpose of looting the bank. Falsifying banking documents incurs felony charges for 1st-degree tampering with public records, 1st-degree offering of a false instrument for filing, 4th-degree grand larceny, and 1st-degree falsifying of official records?
IRS TOLL-FREE 1-800-829-0433----you may remain anonymous.
FBI TIP PAGE http://tips.fbi.gov/ (you may remain anonymous)
EMAIL enforcement@sec.gov
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REFERENCE The mission of the Illinois Division of Banking is to protect and educate the public and promote confidence in the regulated industries through administration of statutory responsibilities in an efficient, professional, responsive and innovative manner. Our division oversees the regulation and licensure of State chartered banks, trust companies, ATMs not owned by financial institutions, check printers, pawnbrokers, savings banks and savings and loan associations & mortgage bankers and brokers.
Illinois Division of Banking
320 West Washington Street
Springfield, IL 62786
217-782-3000
TDD: 217/524-6644
Illinois Division of Banking
122 South Michigan Avenue, Suite 1900
Chicago, IL 60603
312-793-3000
TDD: 312/793-0291
Toll Free Consumer Hot Line: 877/793-3470
Report Mortgage Fraud - 1-800-532-8785
Thanks Liz. Just a huge coincidence, nothin’ to see here.