The Bank Secrecy Act passed by Congress, requires banks to establish, implement and maintain programs designed to detect and report suspicious activity indicative of tax evasion, money laundering, govt fraud, and other financial crimes.
“The Bank Secrecy Act was enacted to specifically protect the tax-paying public from harm by identifying and detecting money laundering from criminal enterprises, govt fraud, tax evasion, and other unlawful activities."
Taxpayers should demand copies of (1) Calpers checks, (2) wire transfers, (3) bank account statements, (4) invoices, (5) bills, (6) delivery tickets, (7) correspondence including e-mail, employment contracts, loan agreements, and, (8) any other financial books or records.
Scrutinize Calpers bank accounts for suspicious activites: (A) large deposits, (B) funds transferred from one account into another, (C) request for withdrawals.
CONTACT
enforcement@SEC.gov
FBI TIPS PAGE https://tips.fbi.gov/
SAMPLE LETTER:
SUBJECT: Collusion, conspiracy, and bribery
IN RE: financial irregularities
REFERENCE: govt fraud, ID theft, bank fraud, falsified public documents, illegal wire transfers,
NARRATIVE Taxpayers demand to know the scope and dimension of multiple conspiracies by Calpers insiders to collude in sub rosa deals to personally profit and/or to facilitate money laundering, financial fraud and tax evasion.
OF INTEREST TO LAW ENFORCEMENTTaxpayers should demand the FBI investigate evidence of multiple schemes to falsify public documents.......and whether illegal wire transfers were employed to deposit Calpers monies offshore.
Crimes might include---fraud, financial conspiracies, collusion, falsifying official public documents, ID theft, money laundering, illegal wire transfers, tax evasion, extorting taxpayers, theft of public monies, misuse of public office, misuse of public positions.
=============================================
“Falsifying Public Documents” involves altering, changing, or modifying a document for the purpose of deception.......can also involve forgery and/or passing copies of false documents. Falsifying documents is usually done in connection with broader criminal aims, such as extortion, financial fraud, tax evasion, money laundering, financing personal expenses.......
Types of documents commonly falsified may include:
◾Tax returns and income statements
◾Personal checks
◾Bank account records
◾Business record keeping books
◾Immigration documents (such as visas, passports, etc.)
◾Identification cards and birth certificates.
Many different types of acts can be considered as falsifying a public document, including:
◾Altering or misrepresenting factual information such as prices or monetary amounts
◾Stating false information when requested to provide truthful statements
◾Forging a signature
◾Using official letterheads without authorization
◾Concealing assets or property WRT obtaining federal/state monies
◾Knowingly using or distributing a fake document
A person can only be held criminally liable if they are deliberately acting with the intention of deceiving or defrauding another party.
Falsifying documents is a very serious offense and is generally classified as a felony. This means that a person charged with falsifying documents may be subject to the following legal penalties:
◾Having to pay a monetary fine
◾Incarceration in a prison facility
Depending on the gravity of the offense, as well as individual state laws, falsifying public documents can result in a prison sentence of 5-10 years. Also, if public documents or public agencies or authorities were involved, the legal penalties may be more severe. ..... legal penalties may increase with repeat offenses.
The penalty for falsifying public documents is outlined in the Crimes Act of 1958.
Fraudulent adjustments and fraudulent conduct may have been used to made it appear that Calpers had either increased revenue, decreased expenses, or limited distributions. Some of the fraudulent adjustments and acts could include:
a. Reversing disbursement write-offs; improperly reversing millions of dollars of disbursement write-offs;
b. Reclassifying disbursement payments; improperly reclassifying millions of dollars of payments that had been applied to disbursements during the fiscal year; falsely applying payments instead to other outstanding categories.
c. Reclassifying Of payments WRT millions of dollars of compensation to Calpers insiders;
d. Reversing credit card write-offs; fraudulently reversing this write-off and hiding the amount in the books as an unbilled disbursement receivable, then reversing the write-off at year’s-end.
e. Reclassifying salaried expense; millions in compensation paid to isiders, amortized as benefits; reclassification has the effect of reducing Calpers expenses. Not disclosing this change in treatment to auditors nor disclosing on public financial statements.
f. Seeking backdated checks to falsely post to the prior year to hide the date on which checks were received; this scheme minimizes the risk that auditors would discover (that December checks received in January, including backdated checks, were being posted to the prior year).
g. Falsifying revenue statements by fraudulently claiming revenue that Calpers did not have and pushing expenses and financial obligations off into the future; fraudulently structuring transactions to appear to increase annual revenue.