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Posts Tagged ‘Whistle blower’

The Big Banks are at it again and nobody is listening. Not a single bankster went to trial for the numerous crimes they committed during the last recession, including laundering Mexican drug cartel money, fraud, racketeering, tax evasion, manipulating credit ratings, conspiring to rig housing prices (which is why house prices and rent keep going up), and much more. See The Big Banks are Manipulating the Housing Market, and Another Big Bank Pays an $800 million Fine for Drug Laundering and Nobody Goes to Trial.

Richard Rodriquez needs your help to overcome a banking giant. Rich was the victim of an overzealous manager at US Bank who rigged a credit rating higher than it should have been. That means US Bank is fiddling with credit rating numbers, making them look better than they are. Doesn’t that sound like 2008 all over again? Rodriquez blew the whistle and now needs your help to bring down the corrupt giant. Listen to his story in the video above and decide for yourself.

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US authorities have awarded former UBS banker Bradley Birkenfeld a $104 million reward for blowing the whistle on the Swiss bank’s tax fraud, a whistleblowers group said Tuesday.

“This is believed to be the largest reward ever given to an individual whistleblower in the United States and the first major reward issued under the IRS tax whistleblower law,” the National Whistleblowers Center said in a statement.

Birkenfeld earned the reward from the Internal Revenue Service for providing the US government with “insider information on UBS’s illegal offshore banking scheme,” said the Washington-based nonprofit organization.

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UBS whistleblower gets $104 million reward for reporting Swiss bank fraud

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“Countrywide Financial was one of the subprime lenders at the heart of the financial crisis; its predatory lending practices resulted in disgustingly large payouts for executives while sticking low-income borrowers with explosive mortgages they hadn’t a hope of paying back. The New York Times‘ Gretchen Morgenson called Countrywide, “Exhibit A for the lax and, until recently, highly lucrative lending that has turned a once-hot business ice cold and has touched off a housing crisis of historic proportions.”

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Whistle Blower Reveals That Mortgage Fraud is Rampant in the USA

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