Both Citigroup and JPMorgan have paid billions of dollars to settle fraud charges by regulators.
Both are also under investigation by the U.S. Justice Department. In addition, both banks hold life insurance on many of their employees. When an employee dies, the death benefit is paid to the corporation tax free.
The practice is called Bank-Owned Life Insurance (BOLI).
Just four of Wall Street’s largest banks (JPMorgan, Bank of America, Wells Fargo and Citigroup) hold a total of $68.1 billion in Bank-Owned Life Insurance assets according to their regulatory filings.
Blog Archives
Corporate Media Mutilate Facts About Banker Deaths
Tagged with: anonymous sources, applied research, bank regulation, bank-owned life insurance, banker, banker suicide, banking crime, banking executive, banking fraud, blood money, BOLI, capital, catured regulator, central bank, Citigroup, conspiracy, corporate owned media, criminal investigation, criminality, Crony capitalism, Cronyism, currency, dead banker, deadly force, deadly secrets, death insurance, distrust, financial executive, financial fraud, Financial Investigations, follow the money, fraud, Gabriel Magee, homicide, impunity, insurance, JP Morgan, kill with impunity, london, lost trust, lost truth, manhattan, manipulation, money, money laundering bank, money masters, murder, new york, paid to deceive, paid to kill, protection racket, research, Shawn D. Miller, social manipulation, steal with impunity, sudden death, suicide, threat, trend, Tribeca, wall street
Posted in Freedom-Expressed
Posted in Freedom-Expressed
Another Dead Banker! Melissa Millan, MassMutual senior VP
Was this another targeted murder in an otherwise sleepy neighborhood, and if so, what was the motivation to take out a mother of two and active member of the local community? The police investigation is ongoing.
Tagged with: aware, banking, banking crime, banking executive, banking industry, bankster, criminal investigation, criminality, dead banker, deadly secrets, detective, financial industry, Financial Investigations, financial services, follow the money, homicide, MassMutual, Melissa Millan, Melissa Millian, money, murder, secret, Senior Vice President, Simsbury, sleuthing, social awareness, suicide, wall street
Posted in Freedom-Expressed
Posted in Freedom-Expressed
Here We Go Again: JP Morgan being probed by Justice Department
The largest U.S. bank by assets said the investigations focus on its spot foreign-exchange trading activities and controls related to those activities.
Tagged with: bailout, Banker Bailouts, banker deaths, banking crime, banking elite, banking fraud, bankster, Carmen Segarra, cash, Central Bank Rigging, civil investigations, corporate crime, court, crime, crime story, criminal activities, criminal organization, criminal system, criminal-institution, crooks, dead banker, deadly game, death merchant, DOJ, everything is rigged, Financial Investigations, financial regulator, financial terrorist, fine, follow the money, Foreign Exchange, foreign-exchange trading, fraud, fx market, institutional crime, institutional investor, Jamie Dimon, JP Morgan, Justice Department, legal, lost treasure, lost trust, market rigging, money, money masters, organized crime, PPT, price manipulation, racketeering, regulated racket, rigged system, rigging, Sovereign Wealth Fund, steal with impunity, SWF, TBTJ, too big to jail, U.S. Plunge Protection Team, untrustworthy, wall street, white collar crime
Posted in Take 'em to COURT
Posted in Take 'em to COURT
Koos Jansen interviewed on German TV about Chinese gold demand
Beware and always question everything… The perception that precious metals is a get rich opportunity may be misleading. I see PM as a insurance activity against fraudulent institutions controlling national currencies (RISK), the money masters and their puppets. The Money…
Tagged with: acoustic wire, applied research, backwardation, bank account, banking fraud, capital, capital flight, central bank, Central Bank Rigging, china, Chinese Silver, Chinese Yuan, Chris Powell, commerce, corrupt, corruption, corruption investigations, crisis, Currency Controls, discount, everything is rigged, exchange market, export, Financial Investigations, fraud, GATA, gold, gold anti-trust action committee, Gold Anti-Trust Action Committee Inc., gold exchange, Hong Kong, import, inflation, insurance, investigate, Koos Jansen, london, manipulation, market manipulation, money, national currency, pboc, people's bank of china, price, price of silver, rebate, Renminbi, research, rigged markets, rigged system, risk, RMB, Shanghai, Shanghai Futures Exchange, SHFE, shipment, silver, silver ingots, silver market, tax, trade, vat, Yuan
Posted in Freedom-Expressed
Posted in Freedom-Expressed
Mystery Financial Executive Deaths Continue, Suicide or Suicided?
The French-Israeli (entrepreneur) businessman 49 year-old Thierry Leyne, a partner of former IMF chief Dominique Strauss-Kahn (DSK) has “reportedly” committed suicide by jumping from the top of one of the tallest buildings in Tel Aviv.
Word on the boulevard is that the Leyne Strauss-Kahn (LSK) Hedge Fund lost a lot $ last week.
Tagged with: bank of Israel, banker, banker deaths, banker suicide, banking, banking crime, banking fraud, bankster, Christophe de Margerie, conspiracy research, corruption investigations, crime story, Death Wish, Dominique Strauss-Kahn, DSK, everything is rigged, financial crisis, Financial Investigations, financial terrorist, france, franco, fraud, french, Global Equities Capital Markets, great recession, hedge fund manager, imf, institutional crime, institutional investor, international monetary fund, International Monetary policy, invest, investigate, Israel, Kahn, Leyne Strauss-Kahn, LSK, money, rigged markets, rigged system, strauss kahn, suicide, suicided, Tel Aviv, Thierry Leyne
Posted in Freedom-Expressed
Posted in Freedom-Expressed
FINES: Increasing the Costs Of Doing Fraudulent Business
Four banks – Royal Bank of Scotland and JP Morgan (both again) as well as UBS and Credit Suisse – were found to have operated a cartel on bid-ask spreads of Swiss franc interest rate derivatives.
Tagged with: bail out, bailout, Bank Colluded, Banker Bailouts, banking cartel, banking crime, banking crisis, banking fraud, bankster, cartel, Central Bank Rigging, Collusion, Commission, corruption investigations, cost, Credit Suisse, crime cartel, crime story, criminal investigation, crisis, Debt Crisis, derivatives market, ecb, Europe, European Commission, everything is rigged, financial crime, financial crisis, financial derivatives, Financial Investigations, financial terrorist, fine, fraud, fraudster, global crisis, institutional crime, interest rate, JP Morgan, Libor, LIBOR scandal, market rigging, money, money cartel, money masters, national currency, organized crime, penalties, protection racket, RBS, regulated racket, rigged markets, rigged system, Royal Bank of Scotland, tbtf, TBTJ, too big to fail, too big to jail, UBS, white collar crime
Posted in Freedom-Expressed
Posted in Freedom-Expressed
War, Oil and Petro-dollar
Three months ago, the CEO of Total, Christophe de Margerie, dared utter the phrase heard around the petrodollar world, “There is no reason to pay for oil in dollars,” as we noted here. Today, RT reports the dreadful news that he was killed in a business jet crash at Vnukovo Airport in Moscow after the aircraft hit a snow-plough on take-off.
Tagged with: air safety, air traffic, aircraft crash, airplane, airport, blood money, CEO of Total, Christophe de Margerie, commerce, commodities market, commodity futures trading, Commodity Futures Trading Commission, conspiracy research, crime story, criminal investigation, crude oil, dead banker, deadly force, deadly secrets, deception, dollar, economy, Energy price manipulation, everything is rigged, Financial Investigations, Financial Terrorists, follow the money, institutional crime, jet, jet crash, kill with impunity, mishap, money, Moscow, murder, oil, oil war, organized crime, petro dollar, petroleum, predator, price manipulation, russian economy, trade, trade war, U.S. Dollar, USD, Vnukovo Airport, war, war economy
Posted in Freedom-Expressed
Posted in Freedom-Expressed
Aware Media: Informational & Situational Awareness Importance
Increasing awareness and the creative exercise of personal sovereignty is being amplified globally with the mass awakening that governments do lie, they hide horrible secrets, causing mass murders, war crimes and suffering.
Thus, informational and situational Awareness are very important indeed.
Tagged with: abolir esclavitud, amplify, audit, aware, aware media, awareness, bank audit, bank transfers, banking, banking and finance, banking cartel, banking crisis, big picture, box, cartel de la banca, conspiracy research, creative commons, crisis, crooks, Debt Crisis, distrust government, economic crisis, economy, facing the truth, Federal Reserve System, Financial Investigations, fractional reserve banking, freedom, governments lie, information sharing, instituciones de control, international money transfers, investigate, james corbett, James Evan Pilato, liars, lost trust, monetary policy, money, money cartel, outside the box, people's bank of china, regulated abuse, research, russia, social awareness, suffering, SWIFT, system of control, system of crime, untrustworthy
Posted in Freedom-Expressed
Posted in Freedom-Expressed
LIBOR Rises From The Crypt As Argentina Face Default
An Argentinian consumer finance group has sued Dutch Rabobank over LIBOR.
Last year Rabobank was fined some $1 billion by US and European regulators for its role in manipulating the key London Interbank Offered Rate and its Euribor cousin.
Tagged with: argentina, banking crime, banking crisis, banking fraud, bankster, BRICS, Buenos Aires, Consumidores Financieros, credit default swaps, crime story, Criminal Investigations, crisis, Debt Crisis, distrust, Dutch Rabobank, Euribor rate, everything is rigged, financial crisis, Financial Investigations, fix, fraud, fraudulent system, government bonds, government debt, Hedge Fund, institutional crime, institutional investor, interest rate, interest rate swaps, investor, lawsuit, legal complaint, Libor, libor interest rates, LIBOR rate, LIBOR scandal, London Interbank Offered Rate, lost treasure, lost trust, money, money cartel, President Kirchner, price-fixing scandal, public distrust, RABOBANK, rigged system, save the People of Earth, Scandal, Sovereign Debt, sue, Timothy Geithner, trend, vulture capitalist
Posted in Freedom-Expressed
Posted in Freedom-Expressed
Legislators, Judges, Regulators, and Bankers All Need To Be Criminally Investigated
So the CFTC claims it will be vigilant. Like, for example, allowing JP Morgan to continue to issue fraudulent reports for well over a year despite repeated warnings, and then ultimately settle for a dollar amount that is probably equivalent to the Dimon family’s annual budget for toilet paper? Yeah, that’ll show ‘em who’s boss.
Tagged with: abuse, Administrative Law Judge, Allison Baker Shealy, antitrust, applied research, banking and finance, banking cartel, banking crime, banksters, betrayed trust, Blythe Masters, breach of trust, Bruce Levine, captured state, Central Bank Rigging, CFTC, commissioner Scott O’Malia, Commodity Futures Trading Commission, corporate crime, corrupt, corruption, corruption investigations, crime story, Criminal Investigations, Crony capitalism, Cronyism, crooks, everything is rigged, evidence, FCM, Financial Investigations, Futures Commission Merchant, futures trading commission, G-SIFI, George H. Malas, hidden agenda, hidden in plain sight, Howard Rosen, impunity, insider trading, institutional activity, institutional crime, institutional governance, institutional investor, J.P. Morgan Securities LLC, Jamie Dimon, Jorge Herrada, JP Morgan, JPMS, judge Bruce Levine, judge George Painter, Judge Levine, kill with impunity, large trades, lobbyist, lost trust, Margaret Sweet, market rigging, Marshall Horn, money, money manager, money masters, organized crime, Paul G. Hayeck, Phil Gramm, political appointments, protection racket, regulated abuse, regulated racket, revolving door, rigged markets, rigged system, senator, Senator Mitch McConnell, SIFI, steal with impunity, the International Swaps and Derivatives Association, too big to fail, too big to jail, truth, Wendy Gramm, white collar crime, Yolonda Herron
Posted in Freedom-Expressed, Take 'em to COURT
Posted in Freedom-Expressed, Take 'em to COURT
Bank of America Ordered to Pay $1.2 BILLION for Fraudulent Mortgages
The question I continue to raise is that if there was an administrative finding of fraud by an agency of the government, which there was, and if there was a jury finding of fraud involved in the Countrywide mortgages (and other mortgages) why are we presuming in court that that the mortgage is valid?
Tagged with: applied research, bank, bank forgery, Bank of America, banking crime, banking fraud, bankster, century of institutional crime, conspiracy, Countrywide, court, court order, Criminal Investigations, document, document processors, Fannie Mae, Financial Investigations, FMCC, FNMA, forgery, fraud, fraudulent activities, fraudulent system, Freddie Mac, home, home loan, home owner, house, HUSTLE, institutional control, institutional crime, investigate, investigation, Investigator, liar loans, livinglies, mortgage, mortgage fraud, mortgage servicer, mortgage-backed securities, Neil Garfield, ponzi scheme, robo-signing, safety, scam, scheme, Securities and Exchange Commission, securities trading, securitisation, securitization
Posted in Freedom-Expressed, Take 'em to COURT
Posted in Freedom-Expressed, Take 'em to COURT
Is the U.S. Targeting Allies That Are Too Cozy With Russia?
Deutsche Bank Rebuked by U.S.
Tagged with: abuse of power, all wars are banker's wars, alliance, allies, ally, banking, banking and finance, banking cartel, banking crisis, BNP Paribas, BRICS, concentration of power, control, corporate policy, corruption investigations, Criminal Investigations, currency war, Debt Crisis, deception, Deutsche Bank, Deutsche Bundesbank, Economic sanctions, federal reserve, Financial Investigations, france, geopolitics, germany, government debt, hidden agendas, institutional crime, isolate, isolation, national debt, NATO, New York Fed, policy enforcer, regulated abuse, regulated racket, russia, Russian Federation, sanctions, SEC, Securities and Exchange Commission, sleuthing, system of control, system of crime, too big to fail, trade secret, trade war, treaty, u.s., united states, war
Posted in Freedom-Expressed
Posted in Freedom-Expressed
Banksters’ Get-Out-Of-Jail-Card Still In Effect
Professor Black points out even though the level of the fine sounds impressive, by definition, it could never be large enough to threaten the health of a too-big-to-fail bank.
Tagged with: banking cartel, banking crime, banking crisis, banking fraud, bankster, Benjamin Lawsky, betrayed trust, BNP Paribas, cartel de la banca, corruption investigations, court, Crime Lords, crime story, criminal activities, criminal elite, Criminal Investigations, criminal organization, criminal-institution, distrust, distrust government, financial cartel, financial crisis, financial fraud, Financial Investigations, france, global crisis, global system, institutional crime, international monetary system, investigate, lost treasure, lost trust, lost truth, money cartel, oligarchs, organized crime, Professor William Black, protection racket, public distrust, real news, research, ruling elite, tbtf, too big to fail, too big to jail, untrustworthy, white collar crime, William Black
Posted in Freedom-Expressed
Posted in Freedom-Expressed
Banking Sleuths file an Excellent preliminary Report!
Both JPMorgan and Citigroup also own massive amounts of bank-owned life insurance (BOLI), a controversial practice that pays the corporation when a current or former employee dies. (In the case of former employees, the banks conduct regular “death sweeps” of public records using former employees’ Social Security numbers to learn if a former employee has died and then submits a request for payment of the death benefit to the insurance company.)
Wall Street On Parade carefully researched public death announcements over the past 12 months
Tagged with: 25 Bank Street, assassin, Bank of America, bank-owned life insurance, banker suicide, banking cartel, banking crime, banking industry, blood money, BOLI, boycott JP Morgan Chase, Citigroup, commercial banking, contract, corporate crime, corruption investigations, crime story, criminal elite, Criminal Investigations, deadly game, death merchant, death sweeps, Death Wish, Debt Crisis, Dennis Li, elite, Europe's financial investigations, everything is rigged, Federal Financial Institutions Examination Council, FFIEC, financial crisis, financial empire, financial industry, Financial Investigations, Gabriel Magee, George Orwell, ghoul, ghoulish, government lies, insurance, insurance scam, investigate, investigation, Jason Alan Salais, Joseph M. Ambrosio, JP Morgan, jpmorgan, JPMorgan Chase, Kenneth Bellando, kill with impunity, life insurance, lost confidence, lost treasure, lost trust, merchant, merchant of death, money masters, mortgage foreclosure, mortgage fraud, murder, OCC, Office of the Comptroller of the Currency, oligarchs, orwellian, Pam Martens, policy, political elite, regulated abuse, rigged system, ruling elite, Russ Martens, Ryan Crane, scam, secrecy, secret, seed of death, sleuthing, steal with impunity, subprime mortgage, suicided, too big to fail, too big to jail, too many secrets, untrustworthy, wall street, Wall Street On Parade, white collar crime
Posted in Freedom-Expressed, Mortgage Fraud, Take 'em to COURT
Posted in Freedom-Expressed, Mortgage Fraud, Take 'em to COURT
Smart Questions about Unexpected Dead Bankers
BaFin (Bundesanstalt für Finanzdiensteistungsaufsicht, Germany’s Federal Financial Supervisory Authority) is a group with ongoing criminal investigations, what have they discovered and who are they questioning?
Tagged with: abolish slavery, abuse of authority, abuse of power, Archon, BaFin, banker suicide, banker's war, banking cartel, banking fraud, banksters, breach of trust, Bundesanstalt für Finanzdiensteistungsaufsicht, Bundesbank, consciousness shift, corporate crime, crime lord, crimes against humanity, Criminal Investigations, deadly game, Debt Crisis, debt monetization, debt slavery, debt slavery system, Deutsche Bundesbank, economic crimes, Europe's financial investigations, everything is rigged, Federal Financial Supervisory Authority, financial cartel, financial empire, financial industry, Financial Investigations, forex, freedom, global debt, gold market, government debt, government lies, hft, high crimes, high finance, high frequency trades, instituciones de control, institutional crime, international bank transfers, international bankers, investment bank, JP Morgan Chase, Libor, market manipulation, market rigging, modern slavery, monetary authorities, monetary policy, monetary system, monetization of debt, money, money as debt, money cartel, money laundering bank, money masters, national slave farm, organized crime, policy makers, protection racket, racketeering, rigged system, Rob Kirby, Ryan Henry Crane, SGT, slave planet, slavery system, system of control, The Criminal Global Financial System, too big to fail, too big to jail, trading banks, tyranny, wall street, when bankers ruled the world, world monetary system
Posted in Freedom-Expressed
Posted in Freedom-Expressed
Peace Today
Ronmamita's Blog 