Stop Fraudulent Home Foreclosures by "Banksters"

CitiMortgage was fined $7 billion for mortgage fraud in July 2014. But the "banksters" at CitiMortgage still continue such white collar crimes, in violation of civil RICO, RSPA and TILA statutes and other post judgement violations. They continue their crimes no matter the financial cost to Citi. These crimes continue because the ill-gotten gains trump the fines that they accept as "just the cost of doing business."  Misrepresentations, false statements, and lies are the current tactics of big bankers who seem to believe they are "too big to jail."

As a recent example of the above, Ms. King of Colorado had her home and historical familiy farm thrown into a fraudulent foreclosure by CitiMortgage (Citi) with Citi using tactics of deception, lies, and fraud to create and long sustained illegal foreclosure process. Ms. King was even current in her mortgage payments when CitiMortgage suddenly refused to accept her mortgage payments in June 2011. The payment refusal, by Citi, was based on a false claim that her payments could not be accepted without a Power of Attorney (POA), from Ken B., Ms. King's ex-husband, although he had previously quit claimed his interest in the property in 2008 and Ms. King was awarded all real property in the settlement agreement and divorce decree in 2010. By creating this fraudulent forclosure, with foreclsoure actions lasting over three years, Citi was in violation of the Deed of Trust giving Ms. King the right and obligation to pay her mortgage or lose the property. Citi was also in violation of the Garn-St. Germain federal stautue giving her the absolute right to pay her mortgage. The lies, deception, and false statements by Citi, lasted over three years so the case is complex. However, the above summary provides an overview of one recent white collar crime by CitiMortgage

Citi needs to have a clear message that their foreclosure fraud must end. Skill levels of employees must be improved, transpatancy of the accounting processes and the end of MERS. Not to mention an obvious demand for bank accountability to their investors of whom are suffering from the extreem losses such as those CitiMortgage has created at their expense.