Lazarony's lawyer says this is an example of the exasperating, increasingly standard industry procedure that's costing tax payers millions and millions of dollars.
A friend of mine had an account with Wells Fargo and discovered the bank opened an account in her name without her permission. I don't remember the details but there was fraud involved. My friend closed their account and then reported the bank to the police department. Last I heard there were criminal charges pending.
First up, she did her job right, this was in 2010. Second up, are you guys still electing your judges? If you elect judges like this I can get behind it!
@@davidfitzgerald4683 lmao, you're pretty funny! One paper per person with the associated fee, but not multiple copies served to imaginary people.... If you go through a mcdonalds and order one double cheeseburger but get charged for 8 double cheeseburgers I hope when you say "but I didn't order 8" the person just tells you "pay the god damn money"
@@marywolfe4617 what’s wrong with overdraw charges? Set your account to not allow overdraws. If you don’t have the money, don’t spend it, and then don’t expect the bank to just lend you their money for free. I’m not saying banks can’t be predatory, but Jesus, take SOME responsibility
cotton1983 So you noticed.And throw Bank of America in with thieves.They figure you'd be intimidated by the"Big Bank".Surprise,surprise,they act surprised you fight back.When you win they act apoplectic.Hehehe!
Sad thing is, we are going to relive this type of foreclosure nonsense very soon. This was aired 10yrs ago and displays how we just keep repeating history. Sadly much hasn't changed in this world.
Wells Fargo did the same crap with me with my car years ago. If you pursue it deeply or threaten legal action, they simply say it was a clerical error and everything magically fixes itself.
I had a tow truck driver steal my truck and claim it was illegally parked in an apartment complex. If I didn't have security camera footage of him taking it out of my driveway, I would have been screwed. Long story short: He business partner was sergeant with the city PD and he blocked GTA charges for the cars they stole and charged fees out the ass to get back. Rather than face the public backlash, the city let him retire and cancelled the business license.
Wells Fargo is a huge mafia. If you have a mortgage with them look at the early payment clause. Most will forclose if you pay early or charge early payment fees
I bought my house for cash several years ago. There was a note on the property. Wells Fargo gave us an amount and a date to pay by which was around 20 days. I paid within 7 days. The title company did their thing. I checked the county records about 2 months later and saw a bank listed on my property. Wells Fargo gave us a date, then sold the note to another bank a few days later, and they cashed my check. It's funny when you send a fax with the proper documentation and mention the words fraud and attorney how fast they become attentive and polite.
This is bleeding into every type of law. When you go to get a divorce the 1st thing the lawyer asks you is to list your assets. It's not to divide them, it's to see how much they can get from you. They will do as much unnecessary work as your budget allows.
The bank officials should be fired as well as the process server! The lawyers should be charged with fraud and lose their law licenses. I would then personally sue them for as much money as I could get for committing fraud!
could say that how you think tax is a fee is greed, or as you say the same, fraud. You live in a country that provide billions in public services like you know, police, fire departments, hospitals, roads, highways, laws, basically your entire life and expect to not have to pay for it, THAT is greed.
1bvr2lmr Being born in the sixties in CANADA since then,Less to citizens more to corporations so that's greed on my part?Notice more for less.That's greed. !immigration is CANADAS way of rebuilding its workforce.That's not greed?NAFTA that's not greed?Belgium will not sign the new deal.Is that greed.You seem to have a twisted world perspective. Peace to you
well cmon, your both right, we should pay for decent roads and infrastructure, for both our home lives and if you start a business, ppl do it all the time, and guess what? trillions of $ spent on a system that will LET you, if you have a good enough idea, become wealthy. Corp. greed, and corp. welfare is rampant here in US and with dickface Trump, itll get worse
@@l8tr597 income tax pays for no infrastructure. It pays solely the interest on a debt to a mostly privately held banking cartel. It was made illegal to pay the principal in '33. Look it up.
Thank goodness we have a judge ready to open a case against the wrong doers. May many more judges follow suit. Keep it alive and exposed is the best way to overturn the corrupt. I have never dealt with this company or their subsidiaries, however, after reading the comments below, I never will. Thank you for your stories. Keep speaking out because when the customers are given the correct information, they make the right choices. That's how businesses fold in the end
It has always been in the USA that banks are crooked, that is why Billy the Kid became an outlaw, they forced him and his family off their property with false statements about them. I think Wells Fargo may have been behind this scam even then.
We ended up having to file bankruptcy over 10 years ago while working to pay off our debts , the bank kept selling the same debts over and over , each time stacking on more fees, and more fees, we finally had to stop paying because we would send money to one place and then get another bill in the mail for the same thing! Corruption at it's finest!.
This happened to a guy in Florida from Wells Fargo. His house was paid off and he never had an business with Wells Fargo. He sued and they failed to respond. He won a summary judgment which they failed to pay so he foreclosed on one of their branch buildings. The complete story is here on YT.
Please do a full job on this story and follow up on it, investigative journalism should not end at a headline grabbing section but also show a conclusion, I think this is what's killing peoples faith in reporter's.
So true. Many of these stories disappear and can't even be found on the web. I'm sure there's court documents scattered about, but I'm not the reporter.
My best friend in high school. Lost his dad got a nice life insurance policy. Bought a house that was derelict and needed to be stripped to the studs interior and exterior. I helped him do all the work that we knew how to. 4 years later he gets a notice from Banks that's right multiple banks. So he took legal action and showed proof there was no lean no loan nothing barrowed against his property ever sense he owned it out right. He ended up suing the previous land owners family cause they went behind his back and put loans on that property. His family frauded the bank. At this point it was pretty clear why they wanted the property so when he died they could sell it and make about 1mill split the profit between the three kids and no work. This was discovered by some investigating. Each one of his kids are spending 3-5 years for forgery, theift, property theft, unbegotten loans, and about 5 more things and they have to register as felons. He still lives there and owns his property.
I had a mortgage with Chemical bank when they were around. I always rounded up my mortgage check, having the overpayment applied to the principal. They got caught charging me a late fee on the mortgage when the additional principal was credited before the due date. The service team member argued with me that I must have sent 2 checks. I had to provide proof that it was one check before i got a refund of the fraudulant late charge... I suppose for an additional fee, I could have gotten an apology.
This happened to me in Indiana. The bank's lawyer would schedule court hearing and cancel them at the last minute. Eventually they scheduled meetings that I couldnt attend and then without me there they could get the judge to approve anything.
Jak Stone I implied there are some good ones with my qualified statement (using the word most). However, since most "laws" are unconstitutional, that means judges are breaking the highest law of the land far more than anyone else. But that's another topic for another day.
In 1965 my mother and stepfather arranged to buy a house in Hermosa Beach, CA. We moved in and for the next ten months we had to spend a bundle on several calls to a company to have the cesspool drained (the house did not have a sewer connection). We were fed up and moved out. A law firm sent my parents a notice that they intended to open foreclosure proceedings. My parents contacted a lawyer, who spelled out my parents' grievances and said that if they tried to do so we would prepare a cross-complaint in court for damages and fraud. We never heard from the lawyers or the former owners again.
Thank you judge. For doing your job. More than i can say for the hundreds of thousands of self-serving judges out there abating this criminal behavior.
Finally, a person with authority doing something good with that power. Praying she takes them down with their own tactics: fines! Great Judge and person! I want to see more like her.
Man, and I got all upset when my dental insurance provider sent me a letter with a false claim that my dentist wasn't in their network. That's nothing compared to this.
It happened 2 me My house is paid off for years in a nice neighborhood guess WhatAfter I rented it out couldn’t kick him out I wound up getting $14,000 for the house and a shit ton of added up taxes thanks to local corrupt politicians
This video has aged in interesting ways. "Fraud" was a big bad thing 10 years ago. Now, all politicians are doing it and we just shrug it off as though it is expected.
Also back then we didn't have as much ease of access of information. It's possible that they've been doing it all along and only now are we starting to notice
They've always been doing it and people have always known about it at some level. I agree the level of information gathering and access does help with awareness, as does the increase in attention due to more flagrant cases of fraud and abuse.
Still that is a pretty solid accusation. Serving a person multiple times at a flat rate fee to "unknown" persons and then stick them the bill is fraud.
Because if he doesn't have solid proof of that, HE will be accused of DEFAMATION. Calling a company like that to be fraudulent is a criminal accusation. Just suggesting it publicly can cause serious damage to the company.
They serve me, I'll pay the process server fee. They try to serve me again and its, "I've already been served. You don't want to do this because I will pay only the one fee. I will *NOT* pay twice and if you try to make me pay more than once, I will file a criminal complaint for attempted fraud. Now won't that be fun?"
It is in the interest of banks to foreclose on homeowners, they actually make more money that way. Nothing but a bunch of crooks that have sold their countrymen down the road. There will come a day when things are put in balance once again. The peasants will always rise.
Initially, you would think that they would suffer a loss. But, the banks are the ones that inflated the values of homes to begin with. The government and everyone is profiting and keeping people busy working with all of the paperwork and court crap. Many local governments had an influx of money during the housing bubble, then they got in debt. But, by transferring ownership of properties continually cities, counties, and states get tax revenue and fees and all of the systems connected get monies collected also. Real estate. moving companies, banks, mortgage brokers, etc. also get the profits from this mess. It is not in the best interest of any economy to have people stay put often times. Plus, you have to think, when people move from their homes, either by force or otherwise, they lose or throw away some possessions, redecorate, do home improvement, etc. They support other businesses in this continuous cycle as they move from location to location. It is not just the banks that benefit: but everyone except the homeowner. But, the homeowner can rebuild their credit again in time and just repeat the cycle all over again. I can't tell you how many times I've accumulated some decent money in savings to have a disaster/major life event that eats this money away, then I get through the issue, resave again and start over, to only have it repeat once more. It gets annoying after awhile. So tired of installing new car transmissions, brakes, and crap.. but shit is meant to break so we have to keep buying... It makes it hard to ever get ahead.
Heather Gleason Home buyers share the blame too. Too many took what Joe Blow at the bank said as "this is what you can afford" as if they were looking out for them. Our bank was in awe when they said you can afford $450K and we said NO $300K was where we felt good at after WE ran the numbers. They actually asked "are you sure" a few times. Also being new to the market here we started to look at $150K home quickly upped that to $200K then to $250K and settled on $300K...why start at the top!!! it pissed the Realtor off but who cares they made money for 3 days of work. We never told the Realtor what the bank approved us for...none of their business. If we would have said $450K what would we be looking at $450K homes only...no thank you. So the home buyer needs to be smart too and not just blame the banks. You are an adult use the thing you have called a brain.
If this judge put several of those lawyers that represent those companies in jail for contempt of court I bet it would suddenly become hard to find a lawyer to serve the papers.
I'm watching this during COVID-19 and I PRAY no one is harassed this way. Yea, he may lose his house but how can you charge someone for "unknown spouse or tennant"?
@@tikesplace maybe my comment wasn't clear. Im not arguing the foreclosure, im arguing the processing fees. $45 each to serve papers on the husband and wife listed on the deed. Im asking why is it their responsibility to pay for processing fees to an "unknown spouse or tenant". If you wanted to sue me, you need documentation that I received the summons, that's why people use process servers. You could just mail the letter. That doesn't guarantee the letter arrived. Certified mail requires a signature. Unless you specify, anyone can sign for a letter/package. So again, you use a process server to ensure the letter gets to that specific person. You cannot serve an "unknown spouse or tenant". Just send a letter, its cheaper! So either the mortgage company or the processing company tried to fatten their checks. There's no way $500+ was needed to serve a couple for a foreclosure.
@@tikesplace no we don't agree. If I buy a house, then 10 years later get married, that's not the lender's business. The loan, our agreement, is still in my name. If they have to sue my husband for half because its deemed martial property, fine. Thats understandable if the loan company does its homework and finds out im married. I could have a prenuptial agreement 😱. You cannot serve unknown spouse or unknown tenant. For example: If I lived with a friend for 3 months and they failed to pay the mortgage, you think the bank has a legal right to come after me as "unknown tenant"? You cannot be serious... Again, im not arguing the foreclosure, im arguing the excessive processing fees to unknown people. Thats ridiculous. And honestly, if lenders are still giving out loans to people who clearly can't afford it, we learned nothing from the 2007 housing/financial crisis and that's more concerning than your opinion.
I like when they're trying to stress something mid-shout... "The underwater passage to these uhcave. uhsurvivors. is uhvery. uhvery. uhtreacherous. for these. uhighly. uhskilled. uhteam of. uhdivers. Back to you, Michael..."
Baloney these firms decided to serve everyone and anyone to cover themselves because the paperwork on these mortgages is so f*^cked up in the first place. These judges need to toss the entire foreclosure because these loans have been passed around so much, sold off at a discount to others, and manipulated so horrendously that even proving they own the mortgage might be difficult if not impossible. But hey they contribute to political campaigns so who cares if they are actually legal in the first place or they can even prove they own them. That question is never asked even by the defense attorneys because they don't want to "rock the boat." Scum!
It's all a big shell game perpetrated by lazy bastards who refuse to process and log mortgages with the proper title company in the county where home exists! Instead they wanted to build a commercial package of these loans that can be traded on the stock market!!! It's coming back to bite them big time!
When it comes to lawyers / solicitors and money,there's no end to the charges for phonecalls and paperwork...... they would probably send you an invoice for saying hello to them on the street.....
Georgie10184 Damn George it's hard trying understand what you are writing, or saying sir. You need to clean up your writing skills, but don't worry sir, I have no desire to move to Florida ever.
this shit needs to stop! I'm not going to pay these liars to pulls dishonest crap like this! I mean how do these people sleep at night? They clearly do not have a soul!!
After my mother-in-law died, Wells Fargo sued all her children for possession of the house that was only in my mother-in-law's name. (She had taken out a reverse mortgage or loan using the house as collateral.) They gave us papers _twice._ It didn't even occur to them to _call and ask_ if anyone was going to try and take the house. No courtesy, just "you are being sued so we can own a house you have no claim to."
Actually, you DID have claim. A Reverse Amortization mortgage has a Guaranteed payment and the net asset does diminish, however depending upon local market you might have had a net asset. Also you have the RIGHT in inheritance law to audit the balance and decide if you want to take a new mortgage. Generally speaking there is usually a LOT of money still on the table. Actuarials NEVER allow one to beat the bank or insurance.
I was living in a home with my wife and two kids, age 6 and 4, and I was served with foreclosure papers. Trouble was, I was renting the home and had paid a deposit, paid the rent every month on time, and had signed a standard lease. Apparently the owner of the home just took my money, didn’t pay the mortgage, and just let it ride, hoping the bank wouldn’t catch up with him till my year lease expired, when he would conveniently disappear.
Wells Fargo sucks. I had a condo years ago around 2012 and they foreclosed on my condo. I had to file bankruptcy and then they wanted to work with. I realized later under a situation out of my control they should have given me the loan because I couldn’t afford it and the condo fee a month. They are such a horrible company. I will never deal with them again. I hope this man and his wife get satisfaction, they are a dirty company! They will get karma one day!
I sued Wells Fargo for the exact same thing and won!
good for you.i love it when we the people win over corporations
*****
good news just got back.the doctor said i was in top shape.phew.
love it
***** Why would you say something like that. gezzzz
what you win exactly
As soon as they said wells Fargo I knew what the problem was.....
Me too.....
A friend of mine had an account with Wells Fargo and discovered the bank opened an account in her name without her permission. I don't remember the details but there was fraud involved. My friend closed their account and then reported the bank to the police department. Last I heard there were criminal charges pending.
Yep
nunya biznez police department or FBI or Attorney General. Can’t really see a standard Police department getting involved.
Right I seen wells Fargo....AND HERES YOUR SIGN....LOL....
I’m glad that judge is putting her foot down. Great lady thank you. She’s doing the job she was elected too and doing it right.
not realy the poeple sould do there duty and pay the god dam money
another arrogant fuk u from the banks..assholes
First up, she did her job right, this was in 2010. Second up, are you guys still electing your judges? If you elect judges like this I can get behind it!
She is one of the good ones
@@davidfitzgerald4683 lmao, you're pretty funny! One paper per person with the associated fee, but not multiple copies served to imaginary people.... If you go through a mcdonalds and order one double cheeseburger but get charged for 8 double cheeseburgers I hope when you say "but I didn't order 8" the person just tells you "pay the god damn money"
"Some will rob you with a six-gun,
some will do it with a fountain pen."
The pen 🖊 is mightier than the sword 🤫
@hexalone -- Words by Woody Guthrie.
@hexalone From his song "Pretty Boy Floyd".
"I've dealt with thieves, gangsters, rum runners, murderers, and drug dealers. But you bankers are scary!" Sly stallone in Oscar.
And some will do it with a badge.
Bank steals from a citizen = no punishment..citizen steals from bank = life imprisonment...sounds fair
/watch?v=NtUfNtgawNY
Any organazation , bank , that charges $35.00 for a overdraw. Is a thieft !!
Wells Fargo owned by George Soros !!
you figured out who runs the government
Add any large corporation to that.
@@marywolfe4617 what’s wrong with overdraw charges? Set your account to not allow overdraws. If you don’t have the money, don’t spend it, and then don’t expect the bank to just lend you their money for free. I’m not saying banks can’t be predatory, but Jesus, take SOME responsibility
Wells Fargo needs to be shut down
cotton1983 i had them as my nank for a little bit just enough to see the crooked shit that they do then i was out
cotton1983 totally agree
cotton1983 So you noticed.And throw Bank of America in with thieves.They figure you'd be intimidated by the"Big Bank".Surprise,surprise,they act surprised you fight back.When you win they act apoplectic.Hehehe!
cotton1983 more like go to the high stock owner and have a nice talk about why you will allow for the change
Do they still run their stage coach service??
Any firm found guilty of this should forfeit the foreclosure, that will soon stop them.
Sad thing is, we are going to relive this type of foreclosure nonsense very soon. This was aired 10yrs ago and displays how we just keep repeating history. Sadly much hasn't changed in this world.
A much more effective way would be to withdraw their licence to practice law.
They should loose the right to be in business., Maybe they should be jailed.
Any firm found guilty should be abolished
Give a man a gun, he'll rob a bank. Give a man a bank, he'll rob the world.
depends on the type of man you give the gun to.
Congratulations, we finally have an honest Judge who wants to kick ass. We need more like that.
Jay Ritch honest judge she should have done it a long time ago why isn't it caught the first time it's done
yea, she didnt throw these con artists in jail. she just grandstanding for her image with pretty words and no action.
Tloh Bor I definitely agree with you 100%
I doubt there’s an honest ANYTHING in the cesspool state
she can't do anything her hands are tied its up to the other judges in the courts to do something
Wells Fargo did the same crap with me with my car years ago. If you pursue it deeply or threaten legal action, they simply say it was a clerical error and everything magically fixes itself.
Never fold or let them off the hook. Always go after them legally.
John Jasperse me too
I had a tow truck driver steal my truck and claim it was illegally parked in an apartment complex. If I didn't have security camera footage of him taking it out of my driveway, I would have been screwed.
Long story short: He business partner was sergeant with the city PD and he blocked GTA charges for the cars they stole and charged fees out the ass to get back. Rather than face the public backlash, the city let him retire and cancelled the business license.
Wells Fargo is a huge mafia. If you have a mortgage with them look at the early payment clause. Most will forclose if you pay early or charge early payment fees
Navy Federal does the same thing.
The judge should be putting those lawyers in prison their just thieves.
Noooooo KILL THEM DEATH no Mercy Imprison their Spouses Ostracize their children Disgrace their family name
You need to learn how to spell.
Absolutely
she did this to hide the fact that she is behind the foreclosures.
@@patrick-ip4yf
Let's put the doctors in jail too........LOL..... ;)
I bought my house for cash several years ago. There was a note on the property. Wells Fargo gave us an amount and a date to pay by which was around 20 days. I paid within 7 days. The title company did their thing. I checked the county records about 2 months later and saw a bank listed on my property. Wells Fargo gave us a date, then sold the note to another bank a few days later, and they cashed my check. It's funny when you send a fax with the proper documentation and mention the words fraud and attorney how fast they become attentive and polite.
You should of let it go 6 or 8 months, then moved in for the big dough.
Lawyers should be charged with fraud when they do this. And banks should loose any rights they have to property when such fraud occurs.
banks are not allowed to own property, mortgage is fraud but no one makes their case
Shame what a shame..
"Has Judge steaming mad"
Judge: *is super calm*
Eynar 😂✌️
Eynar dumbeldor said quietly....
Well she has no reason to yell at the reporter
Needs to stay professional.
Only on the outside.
This is bleeding into every type of law. When you go to get a divorce the 1st thing the lawyer asks you is to list your assets. It's not to divide them, it's to see how much they can get from you. They will do as much unnecessary work as your budget allows.
I'm really happy to be single and not living in the USA. This sounds like a complete nightmare!!
100 Percent!!!!!
The bank officials should be fired as well as the process server! The lawyers should be charged with fraud and lose their law licenses. I would then personally sue them for as much money as I could get for committing fraud!
Fraud is just another word for greed.Just like fee is another word for tax.
could say that how you think tax is a fee is greed, or as you say the same, fraud. You live in a country that provide billions in public services like you know, police, fire departments, hospitals, roads, highways, laws, basically your entire life and expect to not have to pay for it, THAT is greed.
1bvr2lmr Being born in the sixties in CANADA since then,Less to citizens more to corporations so that's greed on my part?Notice more for less.That's greed. !immigration is CANADAS way of rebuilding its workforce.That's not greed?NAFTA that's not greed?Belgium will not sign the new deal.Is that greed.You seem to have a twisted world perspective. Peace to you
well cmon, your both right, we should pay for decent roads and infrastructure, for both our home lives and if you start a business, ppl do it all the time, and guess what? trillions of $ spent on a system that will LET you, if you have a good enough idea, become wealthy. Corp. greed, and corp. welfare is rampant here in US and with dickface Trump, itll get worse
Greed is a human condition. Fraud is a crime due to uncontrolled greed. Fraud and greed ARE NOT the same thing.
@@l8tr597 income tax pays for no infrastructure. It pays solely the interest on a debt to a mostly privately held banking cartel. It was made illegal to pay the principal in '33. Look it up.
I am proud of the Judge...enough was enough.
Thank goodness we have a judge ready to open a case against the wrong doers. May many more judges follow suit. Keep it alive and exposed is the best way to overturn the corrupt. I have never dealt with this company or their subsidiaries, however, after reading the comments below, I never will. Thank you for your stories. Keep speaking out because when the customers are given the correct information, they make the right choices. That's how businesses fold in the end
"The bank is something more than men, I tell you. It's the monster. Men made it, but they can't control it."
- John Steinbeck
Yep just like those fools in Congress that think they can do as they damn well please .
5 years ago I got a letter that stated my home was being sold by a rental company and I had 30 days to move. the problem was I owned my own home.
Wow! How did you sort that out? Sounds like a nightmare.
this is just proof that banks can do whatever they want. Wow this one County figured it out and 1 judge is doing something. What about nation wide?
good point!
It has always been in the USA that banks are crooked, that is why Billy the Kid became an outlaw, they forced him and his family off their property with false statements about them.
I think Wells Fargo may have been behind this scam even then.
Wells Fargo tried charging me $400 in fees when I paid my house off early.
Read the fine print
@@brianpreston8483 I did. I actually took it to my attorney. She sent Wells a letter and waived the fees. The letter cost me $95.
@@derperderp9036 excellent
@@derperderp9036 $95 for a letter wtf your Attorney is just a "slightly" lesser crook
@@loucipher67.
I'd eat the 95 buck's than the 400+ the bank will hit you with.
We ended up having to file bankruptcy over 10 years ago while working to pay off our debts , the bank kept selling the same debts over and over , each time stacking on more fees, and more fees, we finally had to stop paying because we would send money to one place and then get another bill in the mail for the same thing! Corruption at it's finest!.
I had a friend go through something similar some 8 or so years ago.
Wells Fargo enough said crooks
Thank you for standing your ground and showing these thieves you aren’t going to endorse their behavior! Thank you judge for protecting us!!!
Sees that Wells Fargo is involved.
"Well, I think I see your problem."
Me: looking for new content
CZcams recommendations : how bout 11 year old regional news stories ?
11 years? Do you know how to do math? This video was posted Dec of 2010, your post is from April of 2020.
all news is good news, old or new, because i can promise you its still going on today in 2020 ans now with corona even more
Its new to you isn it
It's about twelve years old for me, plus I'm not even in the US!
@@LordZoth6292 You can’t fix stupid and the sad thing is is when he wrote it was 9yrs old since it just turned 10yrs on Dec 5.
I heard that people got foreclosue notices on houses that had been paid in full as well
This happened to a guy in Florida from Wells Fargo. His house was paid off and he never had an business with Wells Fargo. He sued and they failed to respond. He won a summary judgment which they failed to pay so he foreclosed on one of their branch buildings. The complete story is here on YT.
Robbob9933 Got the bank name wrong, it was Bank of America, Here is the link watch?v=MBuCSTFJffY
@@Robbob9933 I read about this one. Sucked they went through that, but the end was pretty funny.
Please do a full job on this story and follow up on it, investigative journalism should not end at a headline grabbing section but also show a conclusion, I think this is what's killing peoples faith in reporter's.
It's certainly part of the reason.
So true. Many of these stories disappear and can't even be found on the web. I'm sure there's court documents scattered about, but I'm not the reporter.
Plot twist: Nothing will be done about it, no one will be held accountable.
It is theft by paper work, we call that FRAUD!
yup, and that's why I will never ever do any business with Wells Fargo. they are the worst business .
"WELLS FARGO" EXPLAINS WHY THERE ARE INFLATED CHARGES!!!!!
My best friend in high school. Lost his dad got a nice life insurance policy. Bought a house that was derelict and needed to be stripped to the studs interior and exterior. I helped him do all the work that we knew how to.
4 years later he gets a notice from Banks that's right multiple banks. So he took legal action and showed proof there was no lean no loan nothing barrowed against his property ever sense he owned it out right.
He ended up suing the previous land owners family cause they went behind his back and put loans on that property. His family frauded the bank. At this point it was pretty clear why they wanted the property so when he died they could sell it and make about 1mill split the profit between the three kids and no work.
This was discovered by some investigating.
Each one of his kids are spending 3-5 years for forgery, theift, property theft, unbegotten loans, and about 5 more things and they have to register as felons.
He still lives there and owns his property.
Excellent investigative journalism. Bravo 👏🏻👏🏻👏🏻
Your Honor my hat goes off to you thank God we need more just like you
A real American judge who is JUST. Go get those scheming devils.
I had a mortgage with Chemical bank when they were around. I always rounded up my mortgage check, having the overpayment applied to the principal. They got caught charging me a late fee on the mortgage when the additional principal was credited before the due date. The service team member argued with me that I must have sent 2 checks. I had to provide proof that it was one check before i got a refund of the fraudulant late charge... I suppose for an additional fee, I could have gotten an apology.
This happened to me in Indiana. The bank's lawyer would schedule court hearing and cancel them at the last minute. Eventually they scheduled meetings that I couldnt attend and then without me there they could get the judge to approve anything.
This is one of the very few positive stories I've ever seen about a judge. Most of them are egomaniacal lawless devils.
Jak Stone I implied there are some good ones with my qualified statement (using the word most). However, since most "laws" are unconstitutional, that means judges are breaking the highest law of the land far more than anyone else. But that's another topic for another day.
In 1965 my mother and stepfather arranged to buy a house in Hermosa Beach, CA. We moved in and for the next ten months we had to spend a bundle on several calls to a company to have the cesspool drained (the house did not have a sewer connection). We were fed up and moved out. A law firm sent my parents a notice that they intended to open foreclosure proceedings. My parents contacted a lawyer, who spelled out my parents' grievances and said that if they tried to do so we would prepare a cross-complaint in court for damages and fraud. We never heard from the lawyers or the former owners again.
Time to cancel Wells Fargo and remove them from the banking industry!!!!
I hope the judge now just throws out all cases made by that bank.
Inflated charges? Sending notices to people who don't exist is fraud and criminal charges should be laid.
Check out how many lawyers are buying the foreclosed properties for themselves after they brought the proceedings against the owners.
Thank you judge. For doing your job.
More than i can say for the hundreds of thousands of self-serving judges out there abating this criminal behavior.
Finally, a person with authority doing something good with that power. Praying she takes them down with their own tactics: fines! Great Judge and person! I want to see more like her.
Man, and I got all upset when my dental insurance provider sent me a letter with a false claim that my dentist wasn't in their network. That's nothing compared to this.
I thought he was gonna cry when asked “ do you and your wife have any children?”
It happened 2 me My house is paid off for years in a nice neighborhood guess WhatAfter I rented it out couldn’t kick him out I wound up getting $14,000 for the house and a shit ton of added up taxes thanks to local corrupt politicians
This video has aged in interesting ways. "Fraud" was a big bad thing 10 years ago. Now, all politicians are doing it and we just shrug it off as though it is expected.
Also back then we didn't have as much ease of access of information. It's possible that they've been doing it all along and only now are we starting to notice
They've always been doing it and people have always known about it at some level. I agree the level of information gathering and access does help with awareness, as does the increase in attention due to more flagrant cases of fraud and abuse.
I would like to know the outcome of this after the submissions were made to Judge Gardner.
Why is the stupid interviewer so shocked that the lawyer called it Fraud?
BuckGreywolfe
and what? It is in fact a criminal action, so why should anyone be shocked about it?
BuckGreywolfe
ok, you have a good point there.
Still that is a pretty solid accusation. Serving a person multiple times at a flat rate fee to "unknown" persons and then stick them the bill is fraud.
Because if he doesn't have solid proof of that, HE will be accused of DEFAMATION. Calling a company like that to be fraudulent is a criminal accusation. Just suggesting it publicly can cause serious damage to the company.
+SomeoneCommenting yeah that makes sense, but well, everyone had proof of that.
They serve me, I'll pay the process server fee. They try to serve me again and its, "I've already been served. You don't want to do this because I will pay only the one fee. I will *NOT* pay twice and if you try to make me pay more than once, I will file a criminal complaint for attempted fraud. Now won't that be fun?"
Fight back and sue these law firms. Report these firms, for inflating numbers. It can be done.
It is in the interest of banks to foreclose on homeowners, they actually make more money that way. Nothing but a bunch of crooks that have sold their countrymen down the road. There will come a day when things are put in balance once again. The peasants will always rise.
Initially, you would think that they would suffer a loss. But, the banks are the ones that inflated the values of homes to begin with. The government and everyone is profiting and keeping people busy working with all of the paperwork and court crap. Many local governments had an influx of money during the housing bubble, then they got in debt. But, by transferring ownership of properties continually cities, counties, and states get tax revenue and fees and all of the systems connected get monies collected also. Real estate. moving companies, banks, mortgage brokers, etc. also get the profits from this mess. It is not in the best interest of any economy to have people stay put often times. Plus, you have to think, when people move from their homes, either by force or otherwise, they lose or throw away some possessions, redecorate, do home improvement, etc. They support other businesses in this continuous cycle as they move from location to location. It is not just the banks that benefit: but everyone except the homeowner. But, the homeowner can rebuild their credit again in time and just repeat the cycle all over again. I can't tell you how many times I've accumulated some decent money in savings to have a disaster/major life event that eats this money away, then I get through the issue, resave again and start over, to only have it repeat once more. It gets annoying after awhile. So tired of installing new car transmissions, brakes, and crap.. but shit is meant to break so we have to keep buying... It makes it hard to ever get ahead.
Heather Gleason Home buyers share the blame too. Too many took what Joe Blow at the bank said as "this is what you can afford" as if they were looking out for them. Our bank was in awe when they said you can afford $450K and we said NO $300K was where we felt good at after WE ran the numbers. They actually asked "are you sure" a few times. Also being new to the market here we started to look at $150K home quickly upped that to $200K then to $250K and settled on $300K...why start at the top!!! it pissed the Realtor off but who cares they made money for 3 days of work. We never told the Realtor what the bank approved us for...none of their business. If we would have said $450K what would we be looking at $450K homes only...no thank you. So the home buyer needs to be smart too and not just blame the banks. You are an adult use the thing you have called a brain.
If the yt algorithm brought you all back again, I just want you to know you're doing your best. Keep it up and have a great day
AN HONEST JUDGE --- SHE WILL NEED TO GO --- THIS IS AGAINST THE AMERICAN JUDICIAL WAY.
Wells Fargo sounds like it's not there for it's customers.
This is a scam. That should be in the title.
If this judge put several of those lawyers that represent those companies in jail for contempt of court
I bet it would suddenly become hard to find a lawyer to serve the papers.
Why not fraud
And the judge will talk to the Law Firms, no one will be charged for fraud, and nothing will change.
Bravo judge! Great job 👏
Wells fargo, enough said
I'm watching this during COVID-19 and I PRAY no one is harassed this way. Yea, he may lose his house but how can you charge someone for "unknown spouse or tennant"?
@@tikesplace I hope you're right but it sounds more like them trying to "cover the spread", if I can't get the main person, I'll get someone else.
@@tikesplace maybe my comment wasn't clear. Im not arguing the foreclosure, im arguing the processing fees.
$45 each to serve papers on the husband and wife listed on the deed. Im asking why is it their responsibility to pay for processing fees to an "unknown spouse or tenant".
If you wanted to sue me, you need documentation that I received the summons, that's why people use process servers. You could just mail the letter. That doesn't guarantee the letter arrived. Certified mail requires a signature. Unless you specify, anyone can sign for a letter/package. So again, you use a process server to ensure the letter gets to that specific person.
You cannot serve an "unknown spouse or tenant". Just send a letter, its cheaper! So either the mortgage company or the processing company tried to fatten their checks. There's no way $500+ was needed to serve a couple for a foreclosure.
@@tikesplace no we don't agree.
If I buy a house, then 10 years later get married, that's not the lender's business.
The loan, our agreement, is still in my name. If they have to sue my husband for half because its deemed martial property, fine. Thats understandable if the loan company does its homework and finds out im married. I could have a prenuptial agreement 😱.
You cannot serve unknown spouse or unknown tenant. For example:
If I lived with a friend for 3 months and they failed to pay the mortgage, you think the bank has a legal right to come after me as "unknown tenant"? You cannot be serious...
Again, im not arguing the foreclosure, im arguing the excessive processing fees to unknown people. Thats ridiculous.
And honestly, if lenders are still giving out loans to people who clearly can't afford it, we learned nothing from the 2007 housing/financial crisis and that's more concerning than your opinion.
Good investigative reporting
Wells Fargo continuing to exist is a travesty.
"The unknown spouse is truly unknown"
Fucking- uncle iroh spitting wisdom over here 😂
why do American reporters always deliver their reports in an excited manner.often they appear to be shouting the report.
THEY'RE SO EXCITED AND THEY JUST CAN'T HIDE IT!!
They're practicing to be a southern Baptist preacher!
They're practicing to be a southern Baptist preacher!
compared to what?
I like when they're trying to stress something mid-shout...
"The underwater passage to these uhcave. uhsurvivors. is uhvery. uhvery. uhtreacherous. for these. uhighly. uhskilled. uhteam of. uhdivers. Back to you, Michael..."
“Bail these guys out, and while you’re at it, givem a tax break!!”
Our system can be absolutely horrendous at times
Been poor in America is the MUST expensive thing in the world..
Human greed is beyond comprehension. This is a good example of how bad greed is among some people.
I’m not at all surprised once I heard Wells Forgo was involved. From Washington state to Florida that’s been my experience.
Key bank is just as bad, or worse
Thank you Judge🤗you’re the truth
A lot of politicians were lawyers first, I wouldn’t put anything past either one of them.
Baloney these firms decided to serve everyone and anyone to cover themselves because the paperwork on these mortgages is so f*^cked up in the first place. These judges need to toss the entire foreclosure because these loans have been passed around so much, sold off at a discount to others, and manipulated so horrendously that even proving they own the mortgage might be difficult if not impossible. But hey they contribute to political campaigns so who cares if they are actually legal in the first place or they can even prove they own them. That question is never asked even by the defense attorneys because they don't want to "rock the boat." Scum!
Henry Raymond, Bologna**
It's all a big shell game perpetrated by lazy bastards who refuse to process and log mortgages with the proper title company in the county where home exists! Instead they wanted to build a commercial package of these loans that can be traded on the stock market!!! It's coming back to bite them big time!
show me the not
I say sue the damn bank for fraud, for harassment and stalking and for crimes against nature *killing trees* :P
Exactly! They deserve to pay for all the fraud and harassment (when they don't have a leg to stand on!
You had me til the crimes against nature bs.
Jack Wyatt you chop a tree they fine you 1500 you idiot
A corporation does crap like this if it knows the penalty is a slap on the wrist.
When it comes to lawyers / solicitors and money,there's no end to the charges for phonecalls and paperwork...... they would probably send you an invoice for saying hello to them on the street.....
Never live or buy a house in Florida.
tom noeldnerr not you that's fo sho!!stay the hell out of PARIDISE!!!
Georgie10184 Damn George it's hard trying understand what you are writing, or saying sir. You need to clean up your writing skills, but don't worry sir, I have no desire to move to Florida ever.
tom noeldnerr sorry for the southern drawl (fo sho) ,but my point is stay up there in "yankee land"![is that any better?}
tom noeldnerr. Ok Tom we're neighbors
Yes we are we are Georgie.
this shit needs to stop! I'm not going to pay these liars to pulls dishonest crap like this! I mean how do these people sleep at night? They clearly do not have a soul!!
Stay away from Wells Fargo and all subsidiaries.
If you're filing a fraudulent summons and lawsuit then it should be thrown out.
This is going to be very relevant again in a few months.
Well done Judge
They should be charged with fraud, because that's what it is.
After my mother-in-law died, Wells Fargo sued all her children for possession of the house that was only in my mother-in-law's name. (She had taken out a reverse mortgage or loan using the house as collateral.) They gave us papers _twice._ It didn't even occur to them to _call and ask_ if anyone was going to try and take the house. No courtesy, just "you are being sued so we can own a house you have no claim to."
Actually, you DID have claim. A Reverse Amortization mortgage has a Guaranteed payment and the net asset does diminish, however depending upon local market you might have had a net asset. Also you have the RIGHT in inheritance law to audit the balance and decide if you want to take a new mortgage. Generally speaking there is usually a LOT of money still on the table. Actuarials NEVER allow one to beat the bank or insurance.
I like this Judge very open on this.
The criminals at Wells Fargo actually charge you for getting served by them?
I wish every judge had common sense and integrity like this.
look into "email fees" at closing of houses. No faxes anymore or Fed Ex, so I got slammed with a $25.00 email fee.
Land of the free... rings kind of hollow.
Not when you change it to, Land of the fee.Home of the slave.
Andy Wass Bravo!That works also.Peace to you.
it always rang hollow, what with millions of slaves.
Why should we have to pay a fee for being served?
Good for you judge I SOOOO love people like you mam it feels better knowing that you are not going to be used by big corp
Wells Fargo is ripping off someone else? SHOCKER!!!!!
I was living in a home with my wife and two kids, age 6 and 4, and I was served with foreclosure papers. Trouble was, I was renting the home and had paid a deposit, paid the rent every month on time, and had signed a standard lease. Apparently the owner of the home just took my money, didn’t pay the mortgage, and just let it ride, hoping the bank wouldn’t catch up with him till my year lease expired, when he would conveniently disappear.
Odd that he thought he could make less from selling the house after your lease was up than he could pocketing your rent payments for less than a year.
My dogs house was foreclosed on. Turns out he missed several pawments.
Woof justice
TexasGTO Was he short a few MilkBones?
TexasGTO funny
Bank manager was probably barking mad!
LOL!!
Wells Fargo sucks. I had a condo years ago around 2012 and they foreclosed on my condo. I had to file bankruptcy and then they wanted to work with. I realized later under a situation out of my control they should have given me the loan because I couldn’t afford it and the condo fee a month. They are such a horrible company. I will never deal with them again. I hope this man and his wife get satisfaction, they are a dirty company! They will get karma one day!
Watching in 2024. 13 years ago!!!!