Words from the Rising Republics

April 26, 2018

 

An Example of Racketeering by the Bar

            Discover Bank is a subset of the debt collection racket, a wide-spread, far-reaching scam of artists such as Stephen L. Bruce. How the scam works: In a back room of the Chicago Board of Trade, worthless bundles of commercial paper in the form of copies of charged off debt are sold at auction. The typical face value of the bundles often amounts to tens of millions of dollars.

The mortgagees are often not harmed because they often have hypothecated the loan and have risked nothing.

     Actors up line from such artists as Stephen L. Bruce then break apart the bundles and resell the worthless commercial paper in clusters based on the original mortgagee and geographic location of the individual copies. Artists such as Stephen L. Bruce are the actual holders in due course although typically in the scam, artists such as Stephen L. Bruce invest as little as 75 cents on the hundred-dollar face for the worthless commercial paper, then allege they are third party debt collectors attempting to collect for the original maker of the loan.

This racket is particularly heinous in the case of credit card contracts, which as a continuing series of offers to contract, are non-transferable.

     The scam is complete when artists such as Stephen L. Bruce, with the cooperation of a local judge, defraud parties such as Shirley J. Baker. This scam is wide-spread, far-reaching and the main racket of the private business organizations to which artists such as Stephen L. Bruce belong.

      For other examples of this racket, see Discover Bank versus Keener, Case No. 03-1668 GC, Judicial District 45-8, State of Michigan, Discover Bank versus Angie G. Walker and Esler C. Walker, Civil Action File number 03-CV-2295, Muscogee County, Georgia, Discover Bank versus Larry Pasket, case number 03-SC-640, Clark County, Wisconsin, Discover Bank versus Roger Braker and Sharon A. Braker, case number CS-2003-2488, Oklahoma County, Oklahoma, Bancorp. V. Carney, Los Angeles County, California, case number EC 032786, First USA Bank v. Borum, Oklahoma County, Oklahoma case number CS 99-332-25, Bank of America v. Bascom, County of Monroe, New York, index number 4522/00, Discounts R. US (a major syndicate player in the holder in due course fraud racket) v. Hausler, General Sessions Court, Smith County, Tennessee, case number 8758-24-179, Banco Popular v. Plosnich, DuPage County, Illinois, case number 98 CH 0913, Citicorp Mortgage v. Tecchio, Monmouth County, New Jersey, case number F-12473-97, Direct Merchants Credit Card Bank v. Griffith, Caddo County, Oklahoma case number CS-2002 116, Creditors Recovery Corporation v. Choisnard, Tulsa County, Oklahoma case number CS 02-7225, First Collection Services v. Elowl, General Court of Justice, New Hanover County, North Carolina case number 02 SP 338 & 02 SP 598, CitiMortgage v. Lance, Court of Common Pleas, County of Orangeburg, South Carolina, docket number 00-CP-38-1033, UMB USA Verus David Misurelli, Combined Court Fremont County, Colorado, case number 2003C 000890, Capital One Bank versus Barbara Davis and Phil C. Davis, Highlands County Michigan, Case number 03-754-SPS, and Conseco Finance Corporation v. Ray, Court of Common Pleas, County of Columbia, South Carolina, docket number 00-CP-02-397.

Is this really racketeering?

See O.S. Title 21, Chapter 19, § 554, “Attorney Buying Evidence of Debt-Misleading Court.

     Every attorney who either directly or indirectly buys or is interested in buying any evidence of debt or thing in action with intent to bring suit thereon is guilty of a misdemeanor.

     Any attorney who in any proceeding before any court of a justice of the peace or police judge or other inferior court in which he appears as attorney, willfully misstates any proposition or seeks to mislead the court in any matter of law is guilty of a misdemeanor and on any trial therefore the state shall only be held to prove to the court that the cause was pending, that the defendant appeared as an attorney in the action, and showing what the legal statement was, wherein it is not the law.

     "If the defense be that the act was not willful the burden shall be on the defendant to prove that he did not know that there was error in his statement of law.”

   Any person guilty of falsely preparing any book, paper, [({ record, })], instrument in writing, or other matter or thing, with intent to produce it, or allow it to be produced as genuine upon any [({ trial, proceeding or inquiry whatever, })] authorized by law, SHALL BE GUILTY OF A FELONY. See Oklahoma Statutes Title 21. Crimes and Punishments, Chapter 13, Section 453.

FYI

   Florida judge and attorney earned much money BUYING SATISFIED INSTRUMENTS, then going to court and then garnishing wages, all deceiving innocent people and their employers like Walmart. Many victims in Alabama and Dale County are victims of CORRUPT FLORIDA JUDGES.

   Get the original stamped paid in full surrendered to you, or else maybe make many payments for the same debt.

Sometimes crooks make you pay with the help of the sheriff.

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