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Obstruction and Fraud Alleged by Bank of America (NYSE:BAC) and Brian Moynihan in Northern California Court

Washington DC, June 19 - Human Rights Alert, Los Angeles county based NGO, and Dr Joseph Zernik filed request with the Hon Vaughn R Walker, Chief Judge, US District Court, Northern District of California, to initiate investigation and corrective actions relative to conduct of Bank of America Corporation and its subsidiaries and affiliates in the case of Wright v Bank of America et al (5-10-cv-01723), where perversion and obstruction of justice were alleged, following a pattern of conduct in courts across the US, established by Countrywide Financial Corporation, and adopted by Brian Moynihan starting with his appointment as General Counsel of Bank of America on December 10, 2008. In parallel, notice was forwarded to Mr Moynihan, requesting that he comply with reporting duties pursuant to Sarbanes Oxley Act (2002). The notice alleged that conduct of Bank of America, under Mr Moynihan's leadership, detailed in the notice to Chief Judge Walker, combined with the Bank of America Outside Counsel Procedures, Certifications pursuant to Sarbanes Oxley Act (2002), which Mr Moynihan signed in recent periodic reports, and Disclosure pursuant to Basel II Pillar III, amounted to obstruction and perversion of justice, fraud on individuals, fraud on the shareholders at large, fraud on US taxpayers, and fraud on the international banking community. The notices were also copied to John Dugan - Comptroller of the Currency, Mary Schapiro - SEC Chair, and US Marshal Service. The former two agencies have so far refused to investigate complaints against Bank of America and Mr Moynihan, alleging conduct amounting to racketeering at the courts. Notice was also filed with chairs of congressional banking and judiciary committees.
Bank of America is the recipient of some $200 billions in taxpayers bailout funds in recent years.
In paper soon to be filed by Human Rights Alert (NGO) for international peer review, it was alleged that conditions in the US courts undermined effectual banking regulation in the United States.
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Contact:
Joseph Zernik, PhD
Human Rights Alert (NGO)

LINKS:
[1] Notice filed with Chief Judge of US District Court, Northern District of California
http://www.scribd.com/doc/33291518/


Click to view image: 'Moynihan's racketeering alleged'

Added: Jun-19-2010 Occurred On: Jun-19-2010
By: jz12345
In:
News
Tags: Judicial Corruption, Los Angeles County, California, Bank of America Corporation, US integrity/financial crisis
Marked as: approved
Views: 9118 | Comments: 4 | Votes: 0 | Favorites: 0 | Shared: 0 | Updates: 0 | Times used in channels: 1
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