L.A. sues Wells Fargo, alleging 'unlawful and fraudulent conduct'

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L.A. sues Wells Fargo, alleging ‘unlawful and fraudulent conduct’

L.A. sues Wells Fargo, alleging ‘unlawful and fraudulent conduct’

LA TIMES-

Rigid sales quotas at Wells Fargo Bank have driven employees to open unauthorized accounts for customers, sticking them with bogus fees and damaging their credit, according to a city of Los Angeles lawsuit that echoes a Times investigation.

The civil complaint, filed Monday in state court in Los Angeles by City Atty. Mike Feuer, says the largest California-based bank encouraged its employees to engage “in unfair, unlawful and fraudulent conduct” through a pervasive culture of high-pressure sales. Employees misused customers’ confidential information and often failed to close unauthorized accounts even when customers complained, the suit alleges.

Some employees went so far as to raid client accounts for money to open additional accounts, the suit alleges.

[LA TIMES]

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3 Responses to “L.A. sues Wells Fargo, alleging ‘unlawful and fraudulent conduct’”

  1. http://kareemsalessi.com/litigation-discovery-documents/

    Los Angeles v. “Wells Fargo Drug Cartel”:

    I think this lawsuit, and similar lawsuits, are typical DOJ shakedowns for a bite of the trillion dollar drug money Wells Fargo has been laundering for years. As usual, bank victims will never receive a dime, upon my foreseen settlement of this case, or any other similar case!

    This lawsuit seems like a micro version of the fraudulent “banks foreclosure fraud prosecutions” a few years ago leading to California DOJ cashing $20,000,000,000 ($20 Billion) from crime banks in the name of “foreclosure settlements” intended to be paid to banks’ victims, such as myself.
    But, instead of paying the $20 billion to victims, and instead of undoing the fraudulent foreclosures by simply expunging the fraudulent recorded documents, California DOJ stole the entire $20 billion, and did nothing for the victims, such as myself. In addition to the $20 billion theft, select public officials have been receiving stolen real estate from those crime banks as kickbacks to some state, county, and federal officials, in return for helping the crime banks plunder peoples’ homes by the ongoing filing and recording of countless forged, and fraudulent, papers in courts and county recorders, all under California’s supervision and control. Those crimes were all too easy to prevent, but were aided & abetted by state actors, in this case by California state and local officials.

    Furthermore, by receiving preferred loans from the same crime banks, such as the “FOA loans” revealed by Michael Moore in his documentary “CAPITALISM”, any court and other public officials who receive any preferred loans have irreversible conflicts of interests with those crime banks, and thus can not hear nor handle, cases against the crime banks in their courts, and can not prosecute such cases without prejudicial bias.

    I was about to prove up some of these fraudulent practices, in my federal case 08:cv:01274 DOC in Santa Ana’s Federal District Court of “Hon. Judge David O. Carter”, when he dismissed my case without any apparently good reasons.

    Later, in 2014, I discovered, and documented in my related 9th Circuit appellate case #13-57063, that Judge Carter was evidently intimately associated with at least two defendants, state Judge William Monroe as his former colleague, and the County of Orange as his former employer, and that Judge Carter must have had serious undisclosed conflicts of interest whereupon he should have declined to take my case ab initio, in 2008. I even heard that Judge Carter also worked for the U.S. Department of State (Article-2), which, if true, probably establishes the judge’s permanent conflicts to hear cases with any U.S. Government branch as a party. Yet Judge Carter routinely hears U.S. cases!

    In 2014, Judge Carter had been hearing a U.S. case against Standard & Poors company (S&P), which appeared to have been a similarly limited shakedown lawsuit to cash a bite of the windfalls that S&P made with its countless bogus ratings of worthless MBS junk bonds issued by crime banks, but backed with nothing but “the Blue Sky”! (see Blue Sky Laws)
    (See my 9th Circuit Court of Appeals Case # 13-57063 docket) &/or contact me for copies of related document/s through http://www.DisclosureRealty.com

    “Wells Fargo Bank” became a totally illegal, yet fully operational drug cartel in 2008, when with the aiding & abetting of FDIC it laundered over HALF A TRILLION dollars of drug money, and probably over a 1000 tons of illicit drugs, into Wells Fargo from “Wachovia Drug Cartel” which had been doing nothing but gun running & drug trafficking, and drug money laundering, between U.S.A. and Mexico since the 1990s.

    The criminal FDIC-OCC operations were performed with simple illegal name-changes of all Wachovia names into Wells Fargo names, while laundering all drug dollars, drug assets, and all other assets, out of all the previous entity names before the name changes, thus rendering the newly named entities empty fictional shells, created for a new stage of real-estate plunder, by new waves of fraudulent foreclosures since the renamings.

    Since 2007, I have been documenting these drug laundering operations, with their related name changes, in my court files, and on my website, and I have been serving copies of same to the California DOJ, which has been fully aware of these criminal operations. California, for its personal gain has even pursued these crime banks for the worthless junk-bonds, falsely labeled “Mortgage Backed Securities” (MBS), and based upon the information which I had been providing to California DOJ.

    I believe that based upon my furnished information, California separately has cashed billions of dollars of funds, and/or insurances, from the crime banks to offset several billion dollars of losses it incurred from its worthless MBS portfolio dumped onto CALPERS during the last decade.

    Even several CALPERS executives have been convicted for purchasing the worthless MBS, probably based upon my related information which must have initiated the investigations by California DOJ, leading to the charges and convictions. I believe that up until my conveyed information, DOJ did not have the faintest clue about the worthlessness of the MBS junk bonds dumped onto CALPERS by crime banks, such as these drug cartels.
    As one example of my conveyed information to DOJ Google: “2-20-2009 notice of world war 3”
    https://kareemsalessi.files.wordpress.com/2011/03/e2809c2-20-2009-world-war-3-letter-to-california-governor-jerry-brown-us-doje2809d.pdf

    Wells Fargo & its entire operations should have been outlawed by America’s complicit law-enforcement which pretentiously outlawed Wachovia by simple name-changes, while instead the drug trafficking executives, and complicit attorneys, of both Wells Fargo and Wachovia should have been prosecuted, for operating a “Continuing Criminal Enterprise” in violation of, inter alia, [as quoted from this FBI page]:
    http://www.fbi.gov/about-us/investigate/organizedcrime/glossary

    “The Continuing Criminal Enterprise statute, or Title 21 of the United States Code, Section 848(c)(2), defines a criminal enterprise as any group of six or more people, where one of the six occupies a position of organizer, a supervisory position, or any other position of management with respect to the other five, and which generates substantial income or resources, and is engaged in a continuing series of violations of subchapters I and II of Chapter 13 of Title 21 of the United States Code.”

    WACHOVIA $1/2 trillion Drug Money Laundering Blessed by U.S. Court Case# cr-20165-JAL
    http://kareemsalessi.files.wordpress.com/2010/04/wachovia-12-trillion-drug-money-laundering-legitimized-by-dismissal-of-florida-criminal-case-cr-20165-jal.pdf

    However, the PUBLIC PLUNDER CONTINUES as an act of State Sponsored Terrorism and genocide, as sponsored by states and federal instrumentalities.

    In my pending 9th Circuit Court of Appeals Case # 13-57063, I recently documented that published census-based research has proved that life-span of foreclosure victims shortens by 25 years as adverse result of foreclosure stigma and its irreparable aftermath, thus resulting in crime banks’ premeditated and well-planned genocide of millions of the U.S. population as the ultimate engineered objective of this continued criminal enterprise, also known as the “American Foreclosure Industry”. Above foreclosure-genocide statistics have been known for several decades, such as in two published surveys available on WESTLAW.

    As such, genocide has been the ultimate objective of the continuing criminal enterprise of American foreclosures and America’s crime banks.
    Therefore, “American Foreclosure Industry is state-sponsored terrorism”, as it has been fully sponsored, and supported, by all components of individual states as well as by all components of the federal government, including its legislators who have been bribed by the likes of “FOA loans”.

    Herein below is just one proof of this foreknowledge, and thus complicity, from the FBI itself:

    The herein below FBI report proves the FBI acknowledgement, and sponsorship, of the criminal “American foreclosure-genocide industry” by having known about its many details, by having monopolized its criminal prosecutions, and by having prevented and evaded such criminal prosecutions in order to help create the 2008 American Meltdown and to help the Continuing Criminal Enterprise resulting in the murder-genocide of millions of Americans by theft of their homes towards which the perpetrator cirme banks had never paid a single dollar.

    FBI-Financial Crimes Report to the Public
    Fiscal Year 2006
    http://www.fbi.gov/stats-services/publications/fcs_report2006

    For further proof of U.S. crime banks ongoing drug running operations to this day, and related mass-murders, find documents of their own investigator-whistleblower Martin Woods in YOUTUBE & GOOGLE:
    “WELLS FARGO DRUG CARTEL Martin Woods” and
    WACHOVIA DRUG CARTEL Martin Woods

    https://www.youtube.com/results?search_query=WELLS+FARGO+DRUG+CARTEL+Martin+Woods

  2. Gerry Brown:

    AG: Ex-CalPERS Officials Engaged In Fraud

    https://www.youtube.com/watch?v=sQFq9QKP2XM

    The named officials were eventually convicted & sentenced, plus a lot more that has not been disclosed, such as the probable facts that the convicts received their bribes in return for steering CALPERS funds to the worthless MBS junk bonds to which I alerted California DOJ.

  3. Proof that “State of California” knew nothing about worthlessness of MBS junk bonds dumped onto CALPERS until apprised of it by Kareem Salessi court-filed documents since 2007, some of which are available at Google: “Salessi Litigation Page”.

    CA Attorney General Kamala Harris Announces $18 Billion Mortgage Settlement

    https://www.youtube.com/watch?v=dQSRrLBjTQI

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