Bank of America, Countrywide Accused of Racketeering


Bank of America, Countrywide Accused of Racketeering

Bank of America, Countrywide Accused of Racketeering

October 19, 2010, 7:58 PM EDT

By Andrew M. Harris

(Updates with lender’s spokesman in seventh paragraph.)

Oct. 19 (Bloomberg) — Bank of America Corp. and its Countrywide Home Loans unit were sued by two Indiana residents claiming that perjured affidavits were used to foreclose on their Knightstown home.

Plaintiffs Dwayne Ransom Davis and Melisa Davis accused the lender and its unit of racketeering in a complaint filed today in federal court in Indianapolis. Their lawyer, Irwin Levin, confirmed the filing in a phone interview. The filing couldn’t be independently verified.

The defendants and their cohorts engaged in a pattern of racketeering activity in which they routinely and repeatedly prepared perjured affidavits in order to rapidly churn foreclosures,” the couple said in the complaint.

Bank of America, the largest U.S. lender, resumed foreclosures yesterday, after a 10-day nationwide pause to review more than 100,000 cases.

Continue reading…BUSINESS WEEK


© 2010-19 FORECLOSURE FRAUD | by DinSFLA. All rights reserved.



This post was written by:

- who has written 9281 posts on FORECLOSURE FRAUD | by DinSFLA.

CONTROL FRAUD | ‘If you don’t look; you don’t find, Wherever you look; you will find’ -William Black

Contact the author

One Response to “Bank of America, Countrywide Accused of Racketeering”


  1. […] This post was mentioned on Twitter by kim thomas, DinSFLA. DinSFLA said: Bank of America, Countrywide Accused of Racketeering […]

Leave a Reply

Advertise your business on


Please Support Me!

All Of These Are Troll Comments