Ex-BofA banker pleads guilty to theft, gets prison: Massachusetts AG

Mar 17, 2014 | Posted by: roboblogger | Full story: The Hartford Courant

A former personal banker at Bank of America Corp pleaded guilty on Monday to stealing more than $2.1 million from 31 people in a Ponzi-like scheme, and was sentenced to between three and five years in prison, Massachusetts Attorney General Martha Coakley said.

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1 - 2 of 2 Comments Last updated Mar 19, 2014
jack loach

UK

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#1
Mar 18, 2014
 
Sods ----- Law.
March.---- 2014.
For almost two decades we have strived to get justice for the injustice we have suffered at the hands of a world renowned bank--- PICTET & CIE. BANK.
Two yorkshiremen both running their own small family businesses trying to resolve the problem by taking all the correct legal procedures to recover their monies.
The matter was raised in Parliament – twice-- the FSA investigated the matter concluding that PICTET had rogues operating in their London Bank --- but the rogues had left ---saying no one left to prosecute.???----- so there.
We then approached the Financial Ombudsman Service.(FOS)--- our case was dealt with by seven different people ---- then our numerous E-Mails were ignored --- nobody would speak to us -------so there.
We then asked the SFO ( Serious Fraud Office.) to investigate our case ---- the criteria of our case ticked all their boxes.--- we were instructed not to send them
any documents/evidence.------ in fact they wrote to us advising us to go to the Citizen's Advice Bureau.(CAB.)
Richard Alderman the SFO boss ---- who responded to our letter was the same man who would not investigate the “ Madoff” scandal or the “Libor” fiasco.
The MP's committee ---- said he was sloppy--- and the SFO was run like “ Fred Karno's Circus”----- it was an office of fraud.----- so there.
Our M.P. approached our local Chief Constable to investigate----- he was called---- Sir Norman Bettison--- Chief Constable of West Yorkshire Police ---- a force that made “ Dad's Army” look like the S.A.S. They were inept – corrupt ---malicious --- from top to bottom. We were criminally dealt with by the Forces Solicitor---- the Head of the Economic Crime Unit ----and the Chief Constable ----- so there.
Sir Norman Bettison ---- The Forces solicitor--- and the Head of the Economic Crime ---- have all been removed from their posts and facing criminal allegations.
------ so there.
We even sought justice through the Courts --- culminating in a visit to the Court of Appeal-London.--- On leaving the Courts of Appeal that day our barrister a “rising star” informed us --- that if that was Justice then you can keep it. He quit the law and moved to Canada ----- so there.
A few years later we learned that one of the judges in our case at the Court of Appeal was related to a senior executive of the Pictet Bank -----so there.
Pictet & Cie .Bank --- voted private bank of the year 2013.
Ivan Pictet ---- Voted banker of the year 2012.---- the senior partner --- lied on numerous occasions and had documents destroyed --- also said genuine documents were forgeries.----- so there.
Ivan Pictet in Oct. 2013 ---- Given the Legion of Honour --- but saying that ---- honours were given to Hitler --- Eichmann --- Mussolini ---Franco --- he's in fitting company.----so there.
MONTY RAPHAEL.Q.C.-- Peters & Peters.London. They were the banks lawyers.
Monty Raphael.Q.C. along with Ivan Pictet withheld crucial documents requested by the High Court ---- the FSA ---- and the police Fraud Squad.----so there.
Monty Raphael.Q.C. became an Honorary Queens Counsellor in March. 2012.
Monty Raphael.Q.C. became a Master of the Bench in Nov.2012.
An expert in Fraud ---the Doyen of Fraud Lawyers.----- so there.
This says a lot about Banks --- the consensus of opinion is that they are highly paid “crooks”---- no wonder they voted Ivan Pictet banker of the year.
It appears that crimes in the “establishment.” are honoured by their peers.
“HONOURS AMONG THIEVES.”
Full Story.----“google or Yahoo ”
Insert.
Ivan Pictet.Banker.
Monty Raphael.Q.C.
Ivan Pictet/Monty Raphael.

Since: Nov 13

Sydney, Australia

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#2
Mar 19, 2014
 

Judged:

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Hey, what about the fraud of eBay Inc.?

Shill Bidding Fraud is Endemic on “nominal-start” Auctions

Bidders on eBay auctions should take great care when bidding on “nominal-start” auctions (and I don’t mean just 99c-starts, but any auction that has a starting price that is well below what would be a reasonable selling price) because, contrary to eBay’s disingenuous claims, and as is clearly demonstrated in the below-linked case study, eBay is not looking out for you; indeed, eBay is actively and demonstrably aiding and abetting a very great many unscrupulous professional sellers to defraud you …

Shill bidding fraud by professional sellers on eBay “nominal-start” auctions is demonstrably endemic, but all this criminal activity is simply a symptom of the underlying problem: the pathology, the disease, the cancer, that is effectively and calculatedly aiding and abetting and profiting from this rampant criminal fraud activity—eBay Inc.

Unless we are still very “wet behind the ears”, when we go to a traditional auction we know that we have to take great care. eBay’s fundamental fraud on consumers therefore is eBay’s demonstrably false claim to have “sophisticated and proactive” systems in place to detect shill bidding and protect consumers therefrom …

Demonstrably, eBay has no such “sophisticated and proactive” systems in place, and such a claim is therefore a “false representation for the purpose of making a gain” and that is in itself effectively criminal fraud on buyers on probably the majority of nominal-start auctions on the eBay marketplace, a deliberate and outrageous deception by eBay on eBay’s many trusting users, falsely leading those users to believe that the warm woolly coats that they wear on their backs are safe when, in fact, eBay is leading them into the shearing shed where eBay’s wolves are laying in wait.

eBay has been tacitly aiding and abetting such criminal activity since the year dot, but calculatingly so since they further anonymised bidding IDs in 2008. Since that time bidders have been unable to easily keep track of even obvious shills nor identify and contact each other with respect to suspected fraud; they can only report such matters to eBay which is an utterly pointless exercise.

It is a fact of life that many auctioneers believe that the activity of “undisclosed vendor bidding”, that is,“shill bidding”, on an auction is an acceptable mechanism for maximizing a selling price, and it’s probable that many traditional auctioneers practice such deception, notwithstanding that the making of such vendor bids without declaring them to so be vendor bids at the moment they are made, is clearly fraud, but it’s virtually impossible to prove such criminal activity at live attended auctions. However, in the case of eBay’s online auctions, there is an auditable data trail of bidding, the analysis of which, in my opinion, demonstrates—beyond any doubt—that eBay is calculatedly facilitating and aiding and abetting such endemic criminal activity on nominal-start auctions run by a great many professional sellers.

If anyone wants a demonstration of eBay’s calculated facilitation, and aiding and abetting, before and after the fact, of this massive, blatant, auction fraud on consumers, peruse my extensive, detailed rant on the matter at … http://bit.ly/11F2eas

The ugly reality of eBay Inc.:
eBay's crooked auctions marketplace ... http://bit.ly/11F2eas
eBay Motors (UK sampling): Auction Fraud Galore ... http://bit.ly/I2gTEU
eBay Motors XSS Redirect Scams in Action: video ... http://bit.ly/1d46NvE
Barclays Bank–eBay/Gumtree Motors Scams … http://bit.ly/1c9Uwck
eBay's clunky, unprincipled "PreyPal" ... http://bit.ly/UVXx53
The ongoing joke of eBay Inc.... http://bit.ly/YvxFEg
Fun quotes from the eBay executive suite ... http://bit.ly/12xvzyA

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