Former Bank Official Admits Disbursing Over $300K in Fraudulent Loans


Former Bank Official Admits Disbursing Over $300K in Fraudulent Loans
http://mortgagefraudblog.com/former-bank-official-admits-disbursing-over-330k-in-fraudulent-loans/
May 14, 2015 —
By: Rachel Dollar, the editor of Mortgage Fraud Blog is a California attorney and Certified Mortgage Banker who handles litigation for mortgage lenders, servicers and financial institutions.

Ardonus “Donna” Perkins, 40, Atlanta, Georgia, the former Assistant Vice President of Risk Management of the Credit Union of Georgia, has pleaded guilty to a charge of mail fraud for causing the credit union to disburse over $300,000 in fraudulent loans.

According to the charges and other information presented in court: From January 2008 through August 2010, Perkins, used the names of unknowing family members and friends to open signature loans and true lines of credit at the credit union, which are open-ended personal lines of credit.

Perkins took the funds obtained from these fraudulent loans for her own personal use. She also secretly refinanced automobile loans without the auto owner’s knowledge, consent, or authorization, and took those proceeds. Additionally, Perkins established fraudulent VISA accounts in the names of family members and friends and received cash advances on those accounts without their knowledge.

Perkins’ fraud scheme went undetected at the Credit Union of Georgia until she was fired in 2010 for policy violations. She continually increased the loan limits and available credit limits on the fraudulent loans to obtain more funds. In an effort to conceal and continue her scheme, Perkins used some of the money she fraudulently received to make payments on some of the loans, lines of credit, and credit card accounts that she had fraudulently established in the names of others.

To further conceal her scheme, Perkins directed the monthly statements of the fraudulently established accounts to her personal post office box. As a result of Perkins’ scheme, the Credit Union of Georgia lost more than $300,000.

Sentencing for Perkins is scheduled for July 30, 2015, at 10:00 a.m. before United States District Judge Mark H. Cohen.

Acting U.S. Attorney Horn announced the guilty plea.

This case is being investigated by the United States Secret Service.

Assistant United States Attorneys Loranzo M. Fleming and Jeff A. Brown are prosecuting the case.

“This now former credit union executive used her institutional knowledge of the financial system to concoct a multi-faceted fraud scheme to steal money from the credit union,” said Acting U.S. Attorney John Horn. “The Department of Justice and our law enforcement partners will vigorously investigate and prosecute those engaged in fraud that threatens the integrity of the banking system.”

“The United States Secret Service will continue to take an aggressive approach to arrest individuals who violate the trust of businesses to further their personal financial gain,” said Reginald G. Moore, Special Agent in Charge of the United States Secret Service, Atlanta Field Office.

Former Bank Official Admits Disbursing Over $300K in Fraudulent Loans

May 14, 2015 — Leave a comment

Ardonus “Donna” Perkins, 40, Atlanta, Georgia, the former Assistant Vice President of Risk Management of the Credit Union of Georgia, has pleaded guilty to a charge of mail fraud for causing the credit union to disburse over $300,000 in fraudulent loans.

According to the charges and other information presented in court: From January 2008 through August 2010, Perkins, used the names of unknowing family members and friends to open signature loans and true lines of credit at the credit union, which are open-ended personal lines of credit.

Perkins took the funds obtained from these fraudulent loans for her own personal use. She also secretly refinanced automobile loans without the auto owner’s knowledge, consent, or authorization, and took those proceeds. Additionally, Perkins established fraudulent VISA accounts in the names of family members and friends and received cash advances on those accounts without their knowledge.

Perkins’ fraud scheme went undetected at the Credit Union of Georgia until she was fired in 2010 for policy violations. She continually increased the loan limits and available credit limits on the fraudulent loans to obtain more funds. In an effort to conceal and continue her scheme, Perkins used some of the money she fraudulently received to make payments on some of the loans, lines of credit, and credit card accounts that she had fraudulently established in the names of others.

To further conceal her scheme, Perkins directed the monthly statements of the fraudulently established accounts to her personal post office box. As a result of Perkins’ scheme, the Credit Union of Georgia lost more than $300,000.

Sentencing for Perkins is scheduled for July 30, 2015, at 10:00 a.m. before United States District Judge Mark H. Cohen.

Acting U.S. Attorney Horn announced the guilty plea.

This case is being investigated by the United States Secret Service.

Assistant United States Attorneys Loranzo M. Fleming and Jeff A. Brown are prosecuting the case.

“This now former credit union executive used her institutional knowledge of the financial system to concoct a multi-faceted fraud scheme to steal money from the credit union,” said Acting U.S. Attorney John Horn. “The Department of Justice and our law enforcement partners will vigorously investigate and prosecute those engaged in fraud that threatens the integrity of the banking system.”

“The United States Secret Service will continue to take an aggressive approach to arrest individuals who violate the trust of businesses to further their personal financial gain,” said Reginald G. Moore, Special Agent in Charge of the United States Secret Service, Atlanta Field Office.

Advertisements

For How Long After 3/11, Did Japan Continue using the Nuclear Plants @ Fukushima ??? IAEA Wants to Know!


Watch: Nuclear experts confront Japanese scientists — IAEA says Fukushima reactors “might still be active” long after meltdowns — “Changes completely” our idea of what happened — “Very surprised… extremely high” Iodine-131 levels — Means fission reactions lasted for weeks or months (VIDEO)
Published: October 27th, 2014 at 10:15 am ET
By ENENews
http://enenews.com/watch-international-experts-confront-japanese-scientist-iaea-fukushima-reactors-be-active-long-after-nuclear-fuel-melted-completely-change-picture-about-happened-very-surprised-about-extremel

Teruyuki Nakajima,University of Tokyo and Science Council of Japan (emphasis added):

International Expert #1 (at 38:10): My name is [inaudible] from the International Atomic Energy Agency’s marine laboratory in Monaco. I have a question regarding the Iodine-131. We were very surprised that the Iodine-131 was still discharged at very high levels in July [2011]. We had a lot of discussion about what would be the reason… You’d expect that, according to the shorter half life for Iodine-131, this would decrease much, much stronger — much faster… My briefings to member states of the IAEA was that we would expect within a few weeks there would be no more Iodine-131, but this was not true. This was still measured at high, extremely high levels in July and August of 2011. I wrote in my statement given out by the IAEA, that the reactors might still be active. There was a big discussion about this…
Nakajima: Yeah, I think the reactors still emitted the materials in… not sure about July… we have soil measurement in June, I think that still we observed Iodine-131 from the soil measurement. If that is terminated in April, we wouldn’t measure that at this point, but we still had that measurement. And still, the data are not totally thoroughly investigated. We have several remaining data we need to look at. Some people have those data, so we need to dig this kind of data set. Also, monitoring post, we had [problems?] as I told, we couldn’t use, but some are surviving and not rescued. Recently that kind of data is coming in, so we will see that data for Iodine-131…
International Expert #2 (at 43:45): I’m sorry, but I’d like to go back to the question of my colleague from the IAEA. If I understand correctly, the question is not whether… in July or August, there still were releases of Iodine. If that is the case, it would change completely the picture about the accident. That was the question that was never clarified, either by TEPCO or by [inaudible].
Nakajima: There’s some evidence [of the reactors] releasing radiogenic gas…
International Expert #2: The basic question is the following — several weeks after Chernobyl it was crystal clear there were no more releases of Iodine. If that’s not crystal clear at Fukushima, this means several weeks or months after the accident there were fission reactions. That’s the question. This question was presented, as my colleague said, at several meetings of the IAEA and that was never made clear?… That is an important question because it would change the composition of the releases…
International Expert #3 (at 46:45): I also want to [inaudible] the data. I agree with him about the calculation… Iodine had been measured in such amounts in July… Iodine from those same samples — that would allow you [Nakajima] to actually check whether this is satisfied by resuspension, as you claim…. Observations make clear, [Iodine-131 is too high by] orders of magnitude, even in the best cases — and that’s a lot…
Nakajima: We have all the data but I haven’t checked Iodine-131… But, still, we are making the data set… Maybe I could check with my file data… (Lights go on) Further questions? OK, well, thank you very much. Sorry.
See also: Study: Evidence of “uncontrollable nuclear reaction” at Fukushima after 3/11 — “Emerged criticality” supported by data (PHOTOS)

“It Ain’t as Bad As You Think” . ? . It Is As Bad As I Think, and Probably Even Worse


I keep thinking about that.  Being told that it really isn’t as bad as I think.  Hell if it ain’t!

When I was a little girl, we walked to school.  We would get there in the morning, and there would be the morning prayer.  Right after that, we all said I Pledge Allegiance to the Flag, and they played the National Anthem.  I started to school when I was four (4).  By the time I was in fourth grade, it was like the second elementary school.  They did not say the morning prayer, or play the anthem, but by golly, the whole time I was in school, we Pledged Allegiance to the Flag.  We were proud to be Americans.

Now, you get suspended for wearing anything with a flag on it.  The Ten Commandments, Pledge of Allegiance, and anything having to do with our natural heritage is bad.  Christians are bad.  Americans are bad.  Christian Americans must be very, very bad.  And who the hell decided all that?  That is bullshit.  Plain and simple, bullshit.  Since when have other people gone to live in another country, and was allowed to claim they were offended by the customs of that country, and the country changed for the outsiders?  Someone tell me when.  That is bullshit!  Plain and simple bullshit.

Seems like it began several years ago… SuperTarget in our area, told the GoodWill people at Christmas, not to come there any more.  Of course, after that, we never went back to that store, and it closed shortly thereafter.  For some reason, outsiders that had moved to the United States, were offended by Christmas, Nativity scenes, and GoodWill ringing their little bells at Christmas.  Those dedicated, hardworking GoodWill employees, trying to make a difference to others at a very hard time of year.  They never asked anyone for anything.  Just stood, ringing the bell and smiling.  It was tradition.  Christmas trees, nativity scenes, GoodWill.

So, in order to not to offend those, who are not from here, America changed? Bullshit.  I say, if our traditions offends you, you came into this country, you know you can leave the same damned way!  Every time I turn around, someone is explaining that such and such offends them.  Screw it!  I am offended by what people do in other countries, but I don’t move there, then expect them to change their country for me.  That is bullshit.  Plain and simple bullshit.

Now, they tell us that our forefathers were terrorists.  Do what?  So what kind of History lessons are they giving kids now a days?  Speaking of kids.  Since when does the govt. have balls enough to tell parents what they are or not going to feed their kids for lunch during school?  The other thing about kids, is that they belong to the community, not their parents?  Bullshit!  Plain and simple bullshit!  And these idiots put up with that?  I sure as hell am glad that my Mama was who she was.  She would have not only told them what horse to get on, she would have had them direct that horse, on out of the country.  And my Daddy, lo and behold, I am glad that he is not here to see this shit.  Daddy was gung-ho Marine.  He is probably rolling in his grave right now.

And someone wants to tell me, that it ain’t as bad as I think it is?  Bullshit!  Plain and simple bullshit!!!

MagicJack Did the Right Thing


MagicJack ended up making it right!
I was astonished when I got the email, and someone at MagicJack had taken it upon themselves to read the communications back and forth, and emailed me.  They offered to send out a  new one, free of charge.  Of course, I agreed.
They sent me one, and it has worked perfectly ever since.
THANKS MAGICJACK!
—–Original Message—–
From: magicJack Customer Service
Sent: Friday, May 02, 2014 4:59 PM
To: GAPARALEGAL…
Subject: RE: (LTK111530116734526X)
REFERENCE NUMBER: LTK111530116734526X  Please use this ticket number in any correspondence with us.
SUBJECT:
Dear Customer,
Thank you for contacting us.  STOP RIGHT THERE.
So that everyone gets an idea of what has happened, and the fun experience I have had with Magicjack, I am posting my last response to the magicjack employee that emailed me to tell me the good news…:
” My response first:

“If you really want to know what I think?
I think that since there was an issue with something I had bought that carried a warranty, and I had put out the $100 to buy my 5 years, back when mj was still such a new product, that most people were ignoring the mj.
And all the selling of the product that I have done for mj, because it is a good product, when the company appeared to back the product, which mj has slipped, on if you ask me.
The one that was replaced was supposed to be under warranty, or so I was told.  Warranty cost me $11.80 for shipping and handling, even though I have twice bought 5 year upgrade plans, and three magicjacks.  Every time a newer one has come onto the market, I have purchased one.
When I upgraded in the past, I lost my extra hours.  That was the reason I had not totally decommissioned the older one, because it is good till 2017.  This time, since it was a defect and I was paying the $11.80 for something under warranty, and the item normally only costs $49.95 including shipping, I was going to get to transfer my extra time.  Tech support told me to be sure to call yall, and yall would help me connect the proper one so that I would not lose my remaining three years.
Then You got me to hook up the wrong one!  Then you tell me tough snuff, that I have to pay another $11.80?  Like hell I will.
I tell you what, I keep all my transcripts.  I have everyone I have ever been a party to.  I also have the following blogs:
I have a couple more too that are part of a website.  I tell you what, pick out at least four for me to post this story on.  Or better yet, I will send yall links to them, as I post it on each one.
I cannot believe that you treat your loyal customers this way!  It is not like there is no competition out there.  Yall are the ones that told me to get the chat up when I was ready to connect, so that I would not connect to the wrong number and lose my three years.  I do as you suggest, and yall lose my three years for me, then tell me tough shit?
Wow!  Is that some good customer relations!
What MagicJack employee emailed to tell me:
Unfortunately once a magicJack has been registered, we can not un register it. If you would like i can send you a replacement free of charge but you will have to cover the shipping and handling fee of $11.80.
Sincerely,
magicJack Support
In case this email does not fully answer your question, or you would like to contact us for any reason, simply reply to this email.
========== Original Message ==========
From:     <>
Subject:
${ticket.lastmessage.content}

Grady Hospital, Atlanta, Georgia


My best friend, Donnie Johnson, living in Lithonia, Georgia, has died.

Grady Hospital in Atlanta, Ga, took a healthy, 64 year old male, with a hernia issue, ignored the hernia issue, put him on a ton of other medications, claiming not to know what was wrong with him, and now, after many months, has finally killed him.

I hope everyone who had their hand in the situation is happy!

Donnie, may God hold you in the palm of His Hand….You are sorely missed!

Living Lies/Neil Garfield on Georgia


http://livinglies.wordpress.com/2013/03/15/wake-up-georgia-courts-are-opening-the-door-on-wrongful-foreclosure/

http://livinglies.wordpress.com/2013/03/15/wake-up-georgia-courts-are-opening-the-door-on-wrongful-foreclosure/

Wake Up Georgia: Courts Are Opening the Door on Wrongful Foreclosure

Posted on March 15, 2013 by Neil Garfield

PRACTICE AND PROCEDURE IN GEORGIA

If you are seeking legal representation or other services call our Florida customer service number at 954-495-9867 (East Coast, including Georgia – the Atlanta Area) and for the West coast the number remains 520-405-1688. Customer service for the livinglies store with workbooks, services and analysis remains the same at 520-405-1688. The people who answer the phone are NOT attorneys and NOT permitted to provide any legal advice, but they can guide you toward some of our products and services.

The selection of an attorney is an important decision and should only be made after you have interviewed licensed attorneys familiar with investment banking, securities, property law, consumer law, mortgages, foreclosures, and collection procedures. This site is dedicated to providing those services directly or indirectly through attorneys seeking guidance or assistance in representing consumers and homeowners. We are available to any lawyer seeking assistance anywhere in the country, U.S. possessions and territories. Neil Garfield is a licensed member of the Florida Bar and is qualified to appear as an expert witness or litigator in in several states including the district of Columbia. The information on this blog is general information and should NEVER be considered to be advice on one specific case. Consultation with a licensed attorney is required in this highly complex field.

Editor’s Note: For years Georgia has been considered by most attorneys to be a “red” state that, along with states like Tennessee showed no mercy on borrowers because of the prejudgment that the foreclosure mess was the fault of borrowers. For years they have ignored the now obvious truth that the defective mortgages and wrongful foreclosures do make a difference.

Now, reflecting inquiries from Courts below who are studying the the issue instead of issuing orders based upon a knee-jerk response, the State has taken a decided turn toward the application of law over presumption and bias. There is even reason to believe that the door is open a crack for past wrongful foreclosures, as the Courts grapple with the fact that thousands of foreclosures were forced through the system by strangers to the transaction and thousands of wrongful foreclosure suits have been dismissed because of the assumption by judges that no bank would lie directly to the court. It was a big lie and apparently the banks were right in thinking there was little risk to them.

Look at Pratt’s Journal of Bankruptcy Law February/ March Issue for an article on “Foreclosure Law in the Wake of Recent Decisions on Residential Mortgage Loans: The Situation in Georgia” by Ashby Kent Fox, Shea Sullivan and Amanda Wilson. Our own lawyers have out in front on these issues for a couple of years but encountering a lot of resistance — although lately they are reporting that the Courts are listening more closely.

The Georgia Supreme Court has now weighed in (Reese v Provident) and decided quite obviously that something is rotten in Georgia. Focusing on Georgia’s foreclosure notice statute but actually speaking to the substantive defects in the mortgages and foreclosures, the majority held, as a matter of law, that

o.c.G.a. § 44-14- 162.2(a), requires the person or entity conducting a non-judicial foreclosure of a residential mortgage loan to provide the borrower/debtor with a written notice of the foreclosure sale that discloses not only “the name, address, and telephone number of the individual or entity who shall have full authority to negotiate, amend, and modify all terms of the mortgage with the debtor” (the language that appears in the statute), but also the identity of the “secured creditor” (not required by the statutory language, but which the majority inferred based on legislative intent). the majority further found that the failure to identify the “secured creditor” in the foreclosure notice renders the notice, and any subsequent foreclosure sale, invalid as a matter of law.

Once again I caution litigators that this will not dispose of your case permanently and that such rulings be used strategically so that you are not another hallway lawyer explaining how you were right but the judge ruled against you anyway. Notice provisions can be cured, non-existent transactions cannot be cured. Leading with the numbers (the money trail” and THEN using decisions like this to corroborate your argument will get you a lot more traction than leading with defective paperwork.

As I have said repeatedly, no judge, no matter how sympathetic to borrowers is going to give much relief when the borrower has admitted the debt, note, mortgage and default. These must be denied and lawyers should study up on the subject as to why they can and should be denied, and to persevere through discovery to show that the note, mortgage, default and even the debt have all been faked by strangers to the transaction.

Forcing the opposing side to show that they are a bona fide holder FOR VALUE will flush out the truth — that originator in nearly all cases was never the lender, creditor or even broker. They were simply paid naked nominees just like MERS, leaving no real party in interest on the note or mortgage, no consideration between the parties stated on the note and mortgage or notice of default, and no meeting of minds between the real lender (who is NOT in privity with the nominee lender) who, as an investor received a prospectus and Pooling and Servicing Agreement and advanced money under the mistaken belief they were buying bonds of an entity that either did not exist or was simply ignored by the investment banker and the other participants in the false securitization scheme that was used to cover-up a PONZI scheme.

Practice tips: DENY and DISCOVER. Ask for proof of payment and proof of loss. The assignments, the note and the mortgage are not proof of the debt, they are potentially evidence of the debt and the security agreement ONLY if the foundation is there (testimony by witness with personal knowledge, with exhibits of wire transfer receipts and wire transfer instructions, cancelled checks etc.) to show that the originator shown as payee and “Secured party” or “beneficiary” was lender of money.

Make them show that they booked the loan as a receivable with a reserve for default. Discover that they actually booked the transaction as a fee for service (shown on the income statement) and never entered it on their balance sheet.

And PLEASE study up on voir dire, objections and cross examination. If you are not quick and ready objections to leading questions and other issues might well be waived unless you interrupt the questioning as fast as you can stand up. If you study up on hearsay and the business records exception to hearsay you will discover that in practically no case were the business records qualified as exceptions to the hearsay rule. But if you don’t raise it, if you don’t have statutory and case law and even a memo on the subject the judge is going to rule against you. We are talking about good lawyering here and not bias amongst judges.

Lenders, Banksters, Courts, and all you other liars and thieves…


¤

COMES NOW… proceeding in Propria Persona, and respectfully files Plaintiff’s Opposition to Defendant Federal National Mortgage Association’s Motion to Dismiss, and shows this Honorable Court the following pertinent facts:

Federal National Mortgage Association (“Fannie Mae”) has filed their Motion to Dismiss, pursuant to O.C.G.A.§ 9-11-12(b), and on the claims that Plaintiff is a borrower who defaulted in repayment of his mortgage loan, resulting in the foreclosing on the real property which served as collateral for the loan. Plaintiff contends that had the banking and mortgage industry not been so greedy, they would not have over inflated the values through falsified appraisals on properties; they would not have been telling Borrowers not to worry, they can work out an affordable loan that will get you into that house you always dreamed of, while knowing in the back of their minds, that when the Borrower claims that they believed and relied upon their lenders, and what they had been told; the response would then be that the relationship had been nothing more than creditor – debtor and that you should not have relied upon the lies you had been told, because you are at different ends of the spectrum, with totally different interests. My Grandmother would say that America has gone to hell in a handbag.

We have headed into an era where the foreclosing entities are allowed to forge and falsify documents, because the borrower defaulted on their payments, and they need those documents that they are forging and falsifying in order to foreclose upon that Borrower, and the original documents no longer exist. Plaintiff was of the belief, that if you signed a contract, that the Original contract had to be kept in order for it to be collected upon, simple contract law. As it is in these foreclosure/wrongful foreclosure cases, the only time the documents are referred to contracts, is when the documents are referred to as in the Borrower failed to honor the contract by timely making their payments every month. Any other time, the words contract, does not exist. Should a Borrower mention the word, or words Note or Promissory Note, it is sacrilege and the Borrower is “claiming the show me the note theory”, or “vapor money theory”, which is a cue to the Court to dismiss because Georgia does not have a law that the foreclosing entity has to show you the Note. And then, there are the entities that think that they can talk to, and treat the pro se litigants any way they please.

No one would be in this mess, if Fannie Mae, US Bank,Wells Fargo, Bank of America, Aurora, Litton, Taylor Bean and Whitaker, Cenlar, GMAC, Wachovia, Popular, Countrywide, MERS, and a whole slew of other entities had not gotten greedy, eased the underwriting, slacked off on checking tax forms and employment, and had not lied that the borrowers could afford it, this loan will allow you to buy the home you always wanted.