Who would want to do business with Bankof America if they knew how many people
are continually getting burned? They may have actuall helped AGAPE steal $417 Million
form hard working people. At least that what the Class Action Suit says about them!
Skank of America
http://www.scribd.com/doc/14803618/20090429-1st-Amended-Class-Action-Complaint-19
$417 M PONZI SCHEME ARTICLES - BANK OF AMERICA LINKED TO AGAPE
http://www.zamansky.com/blog/2009/02/agape-world-bank-of-america.html
http://agapeworldincvictims.blogspot.com/2009/06/class-action-update.html
http://www.allbusiness.com/legal/legal-services-litigation/12275344-1.html
http://www.forbes.com/2009/03/27/bank-of-america-ponzi-long-island-personal-finance-investing-ideas_agape.html
http://www.huffingtonpost.com/2009/03/27/bank-of-america-accused-i_n_180286.html
http://www.nytimes.com/2009/03/28/business/28ponzi.html?_r=1&partner=rss&emc=rss
http://www.federalhasson.com/business-articles/100-bank-of-america-aided-ponzi-scheme
http://www.consumeraffairs.com/news04/2009/01/bofa_scam.html
http://www.drudge.com/archive/119344/lawsuit-bank-america-aided-ponzi-scheme
http://www.jerebeasleyreport.com/2009/05/bank-of-america-accused-in-ponzi-lawsuit/
http://www.jerebeasleyreport.com/2009/01/141-million-fraud-verdict-against-bank-of-america/
RECENT $141 MILLION FRAUD CONVICTION AGAINST SKANK OF AMERICA
Jere Beasley Report
Predatory Lending - Written by Jere Beasley on Tuesday, January 6, 2009 15:16 - 0 Comments
$141 Million Fraud Verdict Against Bank Of America
Tags: bank of america
-->
A verdict of $141 million was returned last month against Bank of America Corp., the largest U.S. consumer bank, in a lawsuit over claims that one of its units defrauded investors who bought securities backed by a furniture retailer. Federal court jurors in New York decided in favor of the investors, including American International Group Inc., Bank Leumi Le-Israel Ltd., Allstate Corp. and Societe Generale SA, in a trial that started in October. The jury awarded $85 million, which with interest, totals $141 million. The Plaintiffs showed the jury that Bank of America Securities knew the securities it was selling were much worse than they were holding them out to be to the marketplace.
The Bank of America unit, Nationsbanc, underwrote securities issued by a trust created by Heilig-Meyers, once the largest U.S. furniture retailer. The securities were backed by money owed to Heilig-Meyers from installment contracts. According to the Plaintiffs, Nationsbanc deceived investors when it claimed in offering materials that Heilig-Meyers’s collection practices were effective and its receivables sound. Richmond, Virginia-based Heilig-Meyers, which catered to low- and middle-income consumers, filed for bankruptcy in 2000 and wasn’t a Defendant in the case.
Source: Bloomberg
OTHER CASES AGAINST SKANK OF AMERICA
http://consumerist.com/5135374/claim-your-share-78-of-the-bank-of-america-overdraft-settlement
Article: Suit Alleges B of A Fraud Role.(National/Global)(Bank of America Corp.)(Brief article)
Article from:
American Banker
Article date:
March 30, 2009
Author:
document.writeln('Davis, Paul');document.getElementById('ctl00_ph_ctl00_ArticleMain_AuthorLinks_ctl01_lnkAuthor').title='Davis, Paul'
Davis, Paul
More results for:
copy of zamansky class suit bank of america Copyright informationCOPYRIGHT 2009 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale
Byline: Paul Davis
Bank of America Corp. is facing a shareholder lawsuit that claims the company played a major role in a suspected case of investor fraud involving a client.
The lawsuit, filed Thursday in U.S. District Court for the Southern District of New York on behalf of Agape World Inc. investment clients, alleges that the $2.5 trillion-asset Charlotte company "failed to respond to the illegitimacy and unlawful nature" of Agape's business activities. The lawsuit, which was filed by the New York law firm Zamansky & Associates, asserts that B of A had an employee working in Agape's headquarters building and that it allowed the client to commingle funds it received ...
Article: At least 10 people who live in the Keene area have thousands of...
Magazine article from: New Hampshire Business Review; February 13, 2009 ; 107 words... At least 10 people who live in the Keene area have thousands of dollars tied up in Agape World Inc., a New York firm whose owner is accused of investment fraud. Nicholas Cosmo is accused of taking more than $380 million from about 1,500 investors...
Article: COMMODITY FUTURES TRADING COMMISSION CHARGES NICHOLAS COSMO AND...
News wire article from: US Fed News Service, Including US State News; January 27, 2009 ; 417 words...Agape World, Inc., (Agape World), and Agape Merchant...both of Hauppauge, New York (collectively, defendants...the Eastern District of New York, the CFTC is seeking...the Eastern District of New York (EDNY), the United States...
are continually getting burned? They may have actuall helped AGAPE steal $417 Million
form hard working people. At least that what the Class Action Suit says about them!
Skank of America
http://www.scribd.com/doc/14803618/20090429-1st-Amended-Class-Action-Complaint-19
$417 M PONZI SCHEME ARTICLES - BANK OF AMERICA LINKED TO AGAPE
http://www.zamansky.com/blog/2009/02/agape-world-bank-of-america.html
http://agapeworldincvictims.blogspot.com/2009/06/class-action-update.html
http://www.allbusiness.com/legal/legal-services-litigation/12275344-1.html
http://www.forbes.com/2009/03/27/bank-of-america-ponzi-long-island-personal-finance-investing-ideas_agape.html
http://www.huffingtonpost.com/2009/03/27/bank-of-america-accused-i_n_180286.html
http://www.nytimes.com/2009/03/28/business/28ponzi.html?_r=1&partner=rss&emc=rss
http://www.federalhasson.com/business-articles/100-bank-of-america-aided-ponzi-scheme
http://www.consumeraffairs.com/news04/2009/01/bofa_scam.html
http://www.drudge.com/archive/119344/lawsuit-bank-america-aided-ponzi-scheme
http://www.jerebeasleyreport.com/2009/05/bank-of-america-accused-in-ponzi-lawsuit/
http://www.jerebeasleyreport.com/2009/01/141-million-fraud-verdict-against-bank-of-america/
RECENT $141 MILLION FRAUD CONVICTION AGAINST SKANK OF AMERICA
Jere Beasley Report
Predatory Lending - Written by Jere Beasley on Tuesday, January 6, 2009 15:16 - 0 Comments
$141 Million Fraud Verdict Against Bank Of America
Tags: bank of america
-->
A verdict of $141 million was returned last month against Bank of America Corp., the largest U.S. consumer bank, in a lawsuit over claims that one of its units defrauded investors who bought securities backed by a furniture retailer. Federal court jurors in New York decided in favor of the investors, including American International Group Inc., Bank Leumi Le-Israel Ltd., Allstate Corp. and Societe Generale SA, in a trial that started in October. The jury awarded $85 million, which with interest, totals $141 million. The Plaintiffs showed the jury that Bank of America Securities knew the securities it was selling were much worse than they were holding them out to be to the marketplace.
The Bank of America unit, Nationsbanc, underwrote securities issued by a trust created by Heilig-Meyers, once the largest U.S. furniture retailer. The securities were backed by money owed to Heilig-Meyers from installment contracts. According to the Plaintiffs, Nationsbanc deceived investors when it claimed in offering materials that Heilig-Meyers’s collection practices were effective and its receivables sound. Richmond, Virginia-based Heilig-Meyers, which catered to low- and middle-income consumers, filed for bankruptcy in 2000 and wasn’t a Defendant in the case.
Source: Bloomberg
OTHER CASES AGAINST SKANK OF AMERICA
http://consumerist.com/5135374/claim-your-share-78-of-the-bank-of-america-overdraft-settlement
Article: Suit Alleges B of A Fraud Role.(National/Global)(Bank of America Corp.)(Brief article)
Article from:
American Banker
Article date:
March 30, 2009
Author:
document.writeln('Davis, Paul');document.getElementById('ctl00_ph_ctl00_ArticleMain_AuthorLinks_ctl01_lnkAuthor').title='Davis, Paul'
Davis, Paul
More results for:
copy of zamansky class suit bank of america Copyright informationCOPYRIGHT 2009 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale
Byline: Paul Davis
Bank of America Corp. is facing a shareholder lawsuit that claims the company played a major role in a suspected case of investor fraud involving a client.
The lawsuit, filed Thursday in U.S. District Court for the Southern District of New York on behalf of Agape World Inc. investment clients, alleges that the $2.5 trillion-asset Charlotte company "failed to respond to the illegitimacy and unlawful nature" of Agape's business activities. The lawsuit, which was filed by the New York law firm Zamansky & Associates, asserts that B of A had an employee working in Agape's headquarters building and that it allowed the client to commingle funds it received ...
Article: At least 10 people who live in the Keene area have thousands of...
Magazine article from: New Hampshire Business Review; February 13, 2009 ; 107 words... At least 10 people who live in the Keene area have thousands of dollars tied up in Agape World Inc., a New York firm whose owner is accused of investment fraud. Nicholas Cosmo is accused of taking more than $380 million from about 1,500 investors...
Article: COMMODITY FUTURES TRADING COMMISSION CHARGES NICHOLAS COSMO AND...
News wire article from: US Fed News Service, Including US State News; January 27, 2009 ; 417 words...Agape World, Inc., (Agape World), and Agape Merchant...both of Hauppauge, New York (collectively, defendants...the Eastern District of New York, the CFTC is seeking...the Eastern District of New York (EDNY), the United States...
