Jason Werner-Blog Writer



RICO finally catching on

Written by Jason Warner


Massive pits of fraud line the offices of arguably all debt collectors and their friends, as well as most FDIC-member banks of course.

I have referred to most bank branches as RICO facilities, similar to “churches” because most banks do not operate any real kind of business. They operate a corrupt enterprise with a mission to abuse people, which of course is very similar to the actions performed by collections agents otherwise known as debt collectors.

I worked in financial services, whereby I was mostly blinded to all the fake business the banks (my former employers) play. And they do play; it really is a game to them. Most financial services institutions in America literally live, eat, and breath criminal deception: Fraud. They lie, lie, lie. They have no regard or respect for the law or mankind, and especially not God (Jesus Christ).

You will see a conspicuous difference between clean and honest banks (not many left these days) along with most credit unions, compared with most FDIC-member banks (there are few exceptions). The big fraud players include, but is certainly not limited to Citi, Wells Fargo, US Bank (one of my former employers), Bank of America, PNC, SunTrust, Regions, Key, Charter One (RBS). And arguably all debt collectors are arguably worse.

Here is a great article:


The author wrote about what the plaintiffs argued the debt collectors were doing in their claim:

  •   Buy debt with little documentation that the debt is accurate.
  •  File lawsuits claiming personal knowledge of the debt but using robo-signed affidavits instead.
  •  Deliberately fail to tell the “debtor” that the lawsuit is pending (a practice called “sewer service”).
  •  Get a “default” judgment against the debtor when she fails to show up in court to defend herself.
  •  Enforce the judgment, including by freezing the debtor’s bank account.

The author of the article explained how a federal judge agreed that there was sufficient evidence for the plaintiffs class-action claim against a debt collector for Racketeer Influenced and Corrupt Organization (RICO).

Interesting though, if this judge believes that the debt collector defendants in the class-action lawsuit were indeed not actually operating a real business – which of course is a fact regardless of what the judge says – then this judge is compelled to believe that the Federal Deposit Insurance Act itself is being used to commit RICO crimes by nearly all FDIC-member banks, starting with the largest banks of course. I, personally, have made the exact argument about the fraudster, crooked, RICO banks when they were filing fraudulent lawsuits against me, whereas I was run out of court (municipal and federal) by the judges with orders to leave and even an MOU; they thought I was crazy.

But they’re finally getting it. And it seems the judges are finally either throwing the bribes back at the crooked debt collector attorneys or maybe the debt collector attorneys merely do not have enough cash, sex, or drugs with which to bribe the judges.


Do Piggy banks fix their books?

Written by Jason Werner

December 29th, 2010

Recent depositions have been helping eyes be opened to outright foreclosure fraud.

Most experts and people who pay attention (certain victims, some attorneys, some legislators, and a few judges) have known about the obvious foreclosure fraud by banks, but many more people are realizing the fraud by the banks and it is becoming more evident the banks are barely even practicing a real business; most FDIC-member banks and credit unions are flooded in deception, concealing documents, and just hiding.

One thing I have always questioned was their “numbers,” and how they came up with them. Look, I worked in the industry, so I saw numbers all day.

Summon Enron: What did Enron do and what made their fake business so suspicious?

Enron showed and disclosed to investors and the public a huge profit with high revenue. Oddly though, their cash flow was awkwardly low considering they were making so much money and ultimately such high profit.

Most banks are doing the same thing – with the obvious difference that they are getting nearly free money created through thin air to lend.

Most of the banks, on their lending side, use smoke and mirrors to hide their fraud through a company called Mortgage Electronic Registration System (MERS) and/or operate through established trusts called Pooling and Servicing Agreements (PSAs) for their loans from Real Estate Mortgage Investment Trusts (REMIC) pursuant to money they launder mostly from government-sponsored enterprises (GSEs) and the Federal Reserve System.

A big lie I’ve recently noticed is their fraudulent assignments with regard to financial reporting. Sure, most people know about how the banks fraudulently assign notes, but there is an aspect that is critical to understand here, that is being missed by most people, including experts. Banks are highly likely violating Internal Revenue Code Section 860, Subsection A through C, which has deals with deficiencies. In court, for example, banks are claiming that they transferred a note on one day, yet the information on file back at their corporate offices and even in court sometimes shows that the note was transferred or assigned to a different company on a different day. This all causes problems in tax reporting. How do we know they are being honest. Well, it is obvious they are not honest about it considering the documents do not match. And there is a clear reason for that. And when they do indeed sell a note (any kind of loan obligation), how do we know they are reporting that as revenue, especially considering their cash flow is so warped?

Another example is overdraft fees.

This is definitely an area where banks twist numbers and manipulate. I know because I worked in the industry; I argued for the bank against customers regarding overdraft fees; and I reviewed branches fees. Listen, a bank will report fees of a certain amount of dollars. They oftentimes refund fees. But they can report all of that differently or simply classify it as general administrative expenses, whereas the bank merely gave a customer money, when in reality the bank may have made a real error or simply charged the overdraft fees fraudulently in the prelude. Those fees would not have been given back to the customers if they were not charged fraudulently or in error in the prelude. True, the fees are small, but they do accumulate. Banks can bounce fees any way they want to manipulate numbers and screw the Internal Revenue Service or the government.

Banks must meet certain requirements just to stay in business, for example, or to qualify for a certain government program or even to obtain credit from a certain central bank. They need to show a certain amount of cash on hand. How do they manipulate this? One of the common practices I saw at a bank here in Cleveland was a bank floating customer’s escrow accounts in the deposits category to make it look like they were actually stronger than they were, and this is actually an admitted operation of business by Wells Fargo (WF), for example.

There are mortgage brokerages and stock brokerages out there, which are different. Those kinds of companies are completely different because they can only show what their real revenue is because they usually only make money one way: Commission from sales generated by fees to either the client or the third-party with which they are doing business. Quicken Loans is a large company, not necessarily acting like a bank and not a bank, but they do business like this. On the investment side, Edward Jones is a good example. These company cannot commit fraud in the same manner as the banks per their different systems.

Ask any convicted felon of federal crimes. Sam Antar is a good example, whereas he explains how he cooked the books when he was an executive at Crazy Eddie’s. I liken his situation to Enron and the banks, only Enron was on drugs, and most FDIC-member banks are on hard-core crack.

The banks (common examples include Chase, Bank of America, Wells Fargo, Citi) show and literally disclose huge profits and high revenue, but their cash flow is strangely indifferent and low for a company with a market cap like a bank. True, a company could make a ton of money with high profits without showing cash flow, but how is it possible in the business of servicing in financials (mainly a fee-based business for their profit).

That leads into what I have been learning and finally accepting. Most banks are not in business, period. Most of them are merely caught in a system of corruption and abuse to steal from anyone possible, including their customers, investors, the government.

Look at a more honest bank like Third Federal Savings & Loan (TFSL). Their market cap, obviously much lower than the too-big-to-fail thugs, is $2.67 billion. Their profit margin is only 6.29% with an operating margin of 23%. Their cash flow is $116.52 million. These guys are obviously hurting financilly right now, but they are certainly not cooking the books. Outrageously high rofit, indeed, but that is common in the financials industry because they are not selling any physical products, but those numbers are not cooked. They do not steal many houses, if any. And I know for a fact they do not change their name every few months, they do not hide in PSAs and MERS; the retain at the very minimum all their own paper. And this bank is so conservative – thank God – they do not even do variable rate annuities. Then, evaluate a non-FDIC-member credit union: Their numbers are even cleaner.

Aside from all the state laws the banks violate, the federal laws they violate, the myriad contracts on which they default, and their outright refusal to respect any law, regulation, or code of ethics, they typically always cook the books in violation of Internal Revenue Code Section 860, Subsection A through C, just like Enron.

But their love for crack makes them worse than Enron. They steal, steal, steal, and they are flooded with so much fraud. Why does Third Federal, for example, have the least amount of robberies in their geographical region? Duh, they simple do not attract criminals in their line of business because they have a real business.

Picture the profile of a thief.

What do you picture.

They are deceitfully quiet.

They are quick.

They do their crime at night (the Bible says the thief comes to steal at night)

They are sneaky.

They are always changing.

They change their names (often referred to as a.k.a. or f.k.a.)

(banks often, almost always change their names, especially in court; they do not want you to know who they are for a few reasons namely because they want to prevent themselves from being sued on the civil side and prosecuted on the criminal side.)

They are unstable (the Bible says a double-minded man is unstable in all his ways)

O, and there’s more to that profile, but that is a fair, general description.

So I described the bank down the street from you. They are not in business. They are merely goofing off like a bunch of gang members looking to cause fights while showing and acting like they are operating some kind of business. Of course, that business is disguised in so many different ways. Most FDIC-member banks operate to abuse, harass, intimidate, and control; they do not care about actual business.

I, Jason Werner, worked in that crooked banking industry. I smelled the fraud all day. It was disgusting. I thought I could be a good influence on their evil banking practices, but learned you cannot negotiate with terrorists and criminals. And I did business with those evil banks, but thank God got away from them. I urge everyone to simply depart from iniquity; you cannot change them or reform the system, even God cannot because those banks have no desire to repent.

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Sounds like most American banks

.Jays Youtubes at bottom of page

Written Jason Werner

December 7th, 2010 

Seriously, this is a press release by the Federal Bureau of Investigation (FBI), whereas the FBI is reporting of a crime that is happening, which crime is nearly identical to the crimes being committed by most banks.

It boggles my mind how the FBI would get involved in a matter like this, yet completely ignore and in most cases sponsor the fraud by banks in matters of most loans, especially foreclosure. And I know for a fact that Wells Fargo and US Bank employ the same practices with their payday lending ponzi scheme as described in FBI’s press release.

Anybody ever been threatened by a third-party regarding an alleged loan? Check my youtube channel for my personal recorded conversations.

Anybody been coerced into signing a document stating that a loan would be modified, yet the bank still moved forward with their fraudulent lawsuit? FBI refers to that as extortion in the press release below.

Anybody been told that someone would be arrested or that a government official was calling you when in fact it was a third-party calling for the fraudster bank? FBI refers to that as extortion.

(All of those of course are violations of Fair Debt Collection Practices Act and actual crimes of course, yet of course most judges do not care.)

Well, at least now the FBI is able to at least call a crime a crime, yet they have not yet pointed the finger at and prosecuted the thug banks like Chase, Bank of America, Citi, just to name a few.

For their press release: Click Here

Extortion Scam Related to Delinquent Payday Loans

Washington, D.C. December 07, 2010

* FBI National Press Office (202) 324-3691

— filed under: Press Release

The Internet Crime Complaint Center has received many complaints from victims of payday loan telephone collection scams. Callers claim the victim is delinquent in a payday loan and must repay the loan to avoid legal consequences. The callers purport to be representatives of the FBI, Federal Legislative Department, various law firms, or other legitimate-sounding agencies. They claim to be collecting debts for companies such as United Cash Advance, U.S. Cash Advance, U.S. Cash Net, and other Internet check-cashing services.

According to complaints received from the public, the callers have accurate data about victims, including Social Security numbers, dates of birth, addresses, employer information, bank account numbers, and the names and telephone numbers of relatives and friends. How the fraudsters obtained the personal information varies, but in some cases victims have reported they completed online applications for other loans or credit cards before the calls started.

The fraudsters relentlessly call the victim’s home, cell phone, and place of employment. They refuse to provide any details about the alleged payday loans and become abusive when questioned. The callers have threatened victims with legal actions, arrests, and, in some cases, physical violence if they do not pay. In many cases, the callers harass victims’ relatives, friends, and employers.

Some fraudsters have instructed victims to fax a statement agreeing to pay a certain amount, on a specific date, via a pre-paid Visa card. The statement further declares the victim will never dispute the debt.

If you receive these calls, do not follow the caller’s instructions. Rather, you should:

  •  Notify your banking institutions.
  •  Contact the three major credit bureaus and request an alert be put on your file.
  •  Contact your local law enforcement agencies if you feel you are in immediate danger.
  •  File a complaint at www.IC3.gov.

Tips to avoid becoming a victim of this scam:

  • Never give your Social Security number—or personal information of any kind—over the telephone or online unless you initiate the contact.
  • Be suspicious of any e-mail with urgent requests for personal financial information. The e-mail may include upsetting or exciting but false statements to get you to react immediately.
  • Avoid filling out forms in e-mail messages that request personal information.
  • Ensure that your browser is up-to-date and security patches have been applied.
  • Check your bank, credit, and debit card statements regularly to make sure that there are no unauthorized transactions. If anything looks suspicious, contact your bank and all card issuers.
  • When you contact companies, use numbers provided on the back of cards or statements.

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Introducing ‘Good Fellas Bank’

Click play below for theme song to story


Jays Youtubes at bottm of page

Written by Jason Werner

A friend of mine recently sat me down and explained a movie called Good Fella’s. He likened it to what the banks are doing to Americans, obviously he has seen what the banks have been trying to do to me, which is the same exact thing they are doing to all their customers (they target all their customers differently of course).

The gangster crooks in the movie Good Fella’s evidently used much coercion, physical threats, and hints of what they would do to get what they wanted. I never saw the mmovie, so I am merely speaking of what I learned of it from someone else. The gangsters (most FDIC-member banks) are in bed with everybody who matters, they have paid off nearly everyone including law enforcement, judges, and anyone who matters in their ponzi scheme, just like the gangsters in the movie Good Fellas.

They obtain something fraudulently (a loan in deception to the borrower – which money they obtain fromthe government – or sell an investment product with little or no disclosure) like a restaurant by hijacking it, then flip their fraud by closing on it (filing a fraudulent foreclosure or driving down the stock price or mutual fund price of a stock or even selling unsuitable investments); it’s all over the place and it is all centered around racketeering and money-laundering. The customers are certainly victims, but the most direct and bigger victim is the federal government (ultimately the taxpayer).

Liken what they did in the movie to most FDIC-member banks. (FYI, there is a big difference between FDIC-member banks and credit unions).

Banks default on nearly all loans, for example, yet there are remedies for that, however they do not want their victim to have rights, so they ignore the remedies.

Their defaults.

  1. Incorrectly changing the rate
  2. Adjusting the rate when it was agreed to be “fixed”
  3. Arguing the borrower did not pay their insurance
  4. Force-placed insurance, which new insurance will be, for example, about $3,000 a year instead of $400 a year, which increases the payment
  5. Ignoring rescission
  6. Ignoring and/or failing to disclose at original closing
  7. Truth In Lending Act violations, RESPA violations
  8. No applied payment, violation of Fair Billing Act
  9. Negative reporting to credit bureaus (violation of FCRA) by “accident”
  10. Simply changing numbers
  11. I worked at a place called Ohio Savings Bank one time. I noticed the Bank calculated payment upon new escrow analysis that they were calculating payments by dividing by 360 instead of 365, which might only be a few dollars’ difference, but it’s a crime. Nobody listened to me. An attorney did question them about it, but I think the attorney was paid off to shut up.
  12. Failure by servicer to pay taxes if there is an attached escrow account; servicer can hold the escrow to collect their own interest and even show the money in their deposits category.

These are all internal mechanisms of their crimes, whereas there are other venues they use to steal anything they can.

But their own defaults are disguised in their massive campaign of defrauding justice, whereas they mask everything in, “We’re trying to help the borrower with his financial difficulties; we are the ones who know how to help.”

Their fraud in the closure of their fraudulent contracts:

  1.  Work in a court that has jurisdiction to get default judgment.
  2.  If the borrower responds, then move to obtain summary judgment as quickly as possible (thieves move quickly), ignoring a trial of fact by jury.
  3. If borrower resists the bank’s actions, then act like they can fix the problems by “modifying the contract,” but make it a lose-lose for the other parties involved.
  4. They hire contract killers to pester the other parties (victims)
  5. Lies to the court with fake evidence, fake witnesses through affidavits (they can hide through paper), purposely incorrect pleadings, refer to their crimes of perjury as “irregularities.”
  6. Change names, never disclose, use the word “voluminous” in discovery to hide from it.
  7. Change names again.

Finally, they have the whole thing insured just like the movie! They have nothing to lose, not only because they’ve paid everybody off, but because they literally have everything insured.

They burn down their fraud and file their insurance claim. Case closed, so long as investigators and all law enforcement continues to accept their bribes.

It is imperative to note that the banks’ defaults cannot be cured because of their crime. Their defaults are all, all, all purposeful.

They use their defaults to provoke the other main party, the borrower. They then try to capitalize on that with their fraudulent foreclosure.

This whole process occurs in the same manner on the investment side with FINRA.

Smoke, mirrors, intimidation, slander, and guns dominate their scheme. These criminals have tunnel vision; they do not care about the consequences of their crimes.

‘Good Fellas Bank’ is located in nearly every municipality in the USA.

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Listen to Jason Werner eat these BofA phone Operators alive in the below youtubes:




For the record, I use a lot of dramatic license in my blog. Therefore, all persons talked about in my blog are to be considered innocent until proven guilty by a court of law. This is a peaceful demonstration where dramatic license is used in an abstract way. Please be advised that nothing in this protest is to be construed or defined as suggesting that there will be a consequence or penalty given if such protest does not produce a result. There will be absolutely no consequence issued whatsoever. Please contact me right away with any concerns that there is anything on my blog to suggest otherwise.

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  1. wright4ulg says:

    You are doing a great job Jay!

    Your name is Jason Werner AND YOU ARE FIGHTING BACK!

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