Posts Tagged ‘BANK OF BONIFAY’

TOPIX.COM CORRUPTION ALLIANCE CONTINUES

CormierStoryPicI HAVE BEEN TRYING TO SHARE THIS INFO ON SEVERAL DISCUSSIONS ON THE PANAMA CITY NEWS TOPIX WEBSITE BUT THE CORRUPT COINTELPRO OPERATIVES THAT MODERATE THAT SITE CENSORED MY REGISTERED USER “PANAMAED” AND NOW WON’T LET ME POST ANYTHING BUT ALLOW THE PERVERTED LIBEL COMMENTING, DEATH THREATENING, IDENTITY THIEVING STALKERS TO CONTINUE HARASSING, THREATENING AND INTIMIDATING WITNESSES, INFORMANTS, WHISTLEBLOWERS AND FAMILY MEMBERS OF THE MURDER/SUICIDING VICTIMS.

THIS IS WHAT I HAVE BEEN TRYING TO POST:

Start from the beginning of one of the most concise pieces on the BANKSTER RACKETEERING ENTERPRISE yet presented….

MOB LOANS.
insider deals.
terrorism financing.
confidential reports
from state regulators
show how florida bankers
made risky bets,
broke the law,
enriched themselves
and their friends
but hurt their
own institutions —
and got away with it.
by Michael Braga and Anthony Cormier

IN FLORIDA’S BANKING DEBACLE, PLENTY OF BLAME TO GO AROUND

Almost 70 banks failed in Florida during the last five years.

Most executives say the failures were not their fault. They blame a tanking economy. Or meddling government officials. Or people who borrowed more than they could afford while the market was cooking hot.

But these bankers are wrong.

At least half of Florida’s community banks failed because their leaders were greedy, arrogant, incompetent or sometimes corrupt, a Herald-Tribune investigation found.

The newspaper obtained previously confidential state records that show how failed bankers broke the law, manipulated financial documents and gorged themselves on insider deals. These bank records had never before been collected by an American newspaper.

Sixty-eight banks failed in Florida since the Great Recession began, second-most to Georgia, and the misdeeds were found in communities all across the state.

In the farm town of Immokalee, Florida Community Bank executives lent millions of dollars to mob associates while a terrorism financier moved money in and out of its vaults.

In the Panhandle, Coastal Community Bank bought an insurance company from the chief executive’s son and sold it back to him three years later at a $900,000 loss.

At First Commercial Bank of Tampa Bay, employees were so fearful of the chairman that they met privately with state officials and told them of secret dealings, altered documents and questionable loans.

Not all of the failed community banks have been accused of wrongdoing. Some made sensible loans and were undone by borrowers who took on too much debt during the real estate boom and couldn’t repay.

But banking’s worst offenders made insider loans and business deals to enrich themselves at the expense of their own banks and, ultimately, the public. Other banks lent millions of dollars to mobsters, drug dealers, convicted felons and developers with prior bankruptcies.

In flush times, as Florida’s real estate prices soared to new heights, bankers rewarded themselves with large salaries and generous dividends. One local banker used a private airplane to fly across the country while others held meetings at lavish beach resorts.

Regulators saw this behavior but often they were too timid to act while the economy was humming. When regulators did object, bankers ignored the warnings, hid important documents, removed conversations from board minutes and doctored financial reports to make things seem better than they were.

Even after home prices fell and hundreds of thousands of Floridians stopped paying their mortgages in 2007, many bankers forged ahead — continuing to make risky loans and payments to themselves as their banks lost money.

Most of the failures in Florida involved community banks, small institutions founded to serve local customers.

Community bankers are vital to small cities and towns as a source of money to build new shopping plazas, office buildings and neighborhoods.

But some outgrew their local roots to become large and unwieldy. They made loans far beyond their home turf with inexperienced employees handling complex real estate transactions.

In all, the failures cost the Federal Deposit Insurance Corp. more than $11 billion to clean up. The exact cost to America’s local economies is unknown but clearly felt.

The fallout is seen everywhere: in the ruined credit of Americans who walked away from homes they could no longer afford; in cities like North Port and Lehigh Acres, beaten by wave after wave of foreclosures.

http://htcreative.com/bankProject/banks.aspx#bank

AND THIS IS WHERE I HAVE BEEN TRYING TO POST IT:

http://www.topix.com/forum/city/panama-city-fl/T4JATQ640OC4HDJ8O

http://www.topix.com/forum/city/panama-city-fl/TQU7GK41DVU1I5EJ2

http://www.topix.com/forum/city/panama-city-fl/TM5ATATM4VC4P178E

ONE CAN POST ANONYMOUSLY AND ANY HELP WOULD BE APPRECIATED. I AM SEEING SOME POSTS BY DAVID HARBIN AND PANAMAED BUT WHEN THEY BLOCK YOU YOU DO NOT EVEN KNOW YOU ARE BLOCKED…KIND OF LIKE THE PANAMA CITY NEWS HERALD.

Advertisements

ERIC HOLDER HAS TIES TO PANAMA CITY BEACH, FLORIDA MOB

UPDATE ON FEDERAL TRIAL:

FEDERAL TRIAL THIS MONTH:  The federal trial will begin on Monday January 25th in the Federal Courthouse in Panama City.  This trial is a suit against 4 of the bulk buyer board members for lack of fiduciary duties while serving on the board.  We are asking for monetary damage.  The four former board members being sued by us are Solly and Isere Halberthal (brother and son of Serge), Josh Ostreicher (Read Properties CFO) and Yaakov Glatter (an employee of Read Properties in Brooklyn, NY).  There are 3 issues in this suit:

·         Unlawful taking of the beach property by the bulk buyer

·         Unlawful payment of about $525,000 debt to the bulk buyer for past debt

·         Unlawful use of the front desk (pre-trial agreement that the front desk has a value of $100,000 per year)

 

Actual damages, punitive damages and attorney fees can be granted by the jury.

 

The results of this trial will set the stage for negotiations.  Robert Wolf (CEO of Read Properties) has responded and agreed to our request for settlement negotiations and these will start taking place after the trial.

 

The Federal Courtroom is very small.  We anticipate a seating capacity of only 25.  We don’t think there will be many guests of the defendants.  We want as many owners to attend as possible but the doors will be closed when the room fills up.  I will be posting more information about this in the elevators and lobby windows the weekend before the trial.

 

REMEMBER JODY BRELAND COUCH???

http://www.wkrg.com/story/29112419/2-pain-management-doctors-arrested-in-mobile-on-drug-fraud-charges

http://www.advancedbackgroundchecks.com/johnpatrick+couch/27106442

http://www.advancedbackgroundchecks.com/jody+breland/269592417

http://www.corporationwiki.com/Florida/Panama-City/emerald-view-association-management-llc/26636991.aspx

CARE HOUSE

http://www.corporationwiki.com/Florida/Panama-City-Beach/care-house-inc-2891954.aspx

WHO TOTED THE NOTE TO RONNIE GILLEY’S COUNTRY CROSSING???

WILLIAM H.T. “UNCLE BUCKY” BUSH’S LORD ABBETT…..

http://www.corporationwiki.com/Florida/Panama-City-Beach/ebb-tide-development-of-bay-county-inc-4067809.aspx

BREAKING NEWS FROM THE “OFFSHORES” OF PANAMA:

This is a mass email with blind copies to about 425 owners.  It contains information about what is going on at Shores of Panama to help keep you abreast of the issues.  Although I am on the Board of Directors, this email and information is NOT official Board information.  All official Board communications will come to you via EmeraldView Management.

COURT NEWS: Update on the May 14th weekend: On the morning of the scheduled deposition of Serge Halberthal (April 23rd) the bulk buyer’s attorney filed an emergency motion for protective order to prevent Serge from being deposed. The bulk buyer also filed a motion to strike and vacate our dismissal to nullify settlement agreement and nullify the quit claim deed. (The Proxy) In short, the bulk buyer is arguing that Judge Fensom doesn’t have jurisdiction regarding the beach settlement agreement since it was dismissed by the Bulk Buyer controlled BOD after the fraudulent quit claim deed was filed.  As a result of this stall tactic our attorneys filed a motion for continuance in order to obtain Serge’s deposition prior to the beach settlement being heard. Judge Fensom granted us a continuance in order to secure a deposition from Serge prior to the beach settlement hearing. Unfortunately, this will cause the beach settlement hearing to be postponed to a future date to be determined on May 14th.  On May 14th there will be a short hearing to determine if Judge Fensom has jurisdiction and if not the case will be heard by Judge Overstreet at a future date to be determined. If Judge Fensom determines that he has jurisdiction the COA attorneys will request a new hearing date where the beach settlement agreement along with the beach lawsuit will be heard simultaneously. This could dramatically speed up the entire process if both are heard simultaneously.

PROXY VOTE:  I’m sure you are all aware of the Proxy vote for the beach that took place April 18th.  Since the old board deeded our beach to one of their LLCs it is necessary to go to court just to get back what was already ours.  Florida Statute 718.3026(3) provides a possible way that we can rescind the beach settlement agreement.  This is the reason for the proxy.  We need a 50% plus 1 vote to obtain a majority.  That is 388 votes.  We received 405 proxies so successfully gained our goal.  It was filed with the courts so is officially on record.  It will be used in the court hearings.

FEDERAL LAWSUIT:  There is a trial by jury in November in Federal Court.  In this suit some current and former board members are being personally sued for actions they took while being on the board.  In this trial the Board is asking for reimbursements for actual and punitive damages.  The bulk buyer filed to have the suit dismissed but just 2 days ago the federal judge ruled that we have a valid suit and rejected the bulk buyer appeal.

BUILDING SHIFT:  It is unfortunate that an owner (Mr. Bill) sent out a mass email implying that we might have trouble with a shifting building.  Personally I look at the email as a “The sky is falling” tactic.  Why this was done I don’t know. The Board, our maintenance, original developer, FDIC, management companies and an engineering company have known about this for years.  About 3 years ago the engineering company installed a meter device on the gap so it can monitor any shift.  It is common to have a slight amount of shifting in a building.  During initial construction the 2 buildings were not perfectly aligned.  The Board and management company are monitoring it and as of now there is no significant movement.  No need to panic.  This is also part of our building defects investigation.

This is a mass email with blind copies to about 375 owners.  It concerns general information about what is going on at Shores of Panama.  This email and information I provide is coming to you as simply a unit owner in SOP resort.

https://www.linkedin.com/profile/view?id=75684485&authType=NAME_SEARCH&authToken=sSYP&locale=en_US&srchid=1639572821398287186495&srchindex=9&srchtotal=27&trk=vsrp_people_res_name&trkInfo=VSRPsearchId%3A1639572821398287186495%2CVSRPtargetId%3A75684485%2CVSRPcmpt%3Aprimary

It seems the FDIC bailed out some Banks that had been robbed by some Developers in Panama City Beach, Florida and guess who was involved all along?

holderpic

ERIC HOLDER.

UBS, through “shell front companies” in New York, acquired Condos at the Shores Of Panama for pennies on the dollar.

This is how it all ties together:

Brad Birkenfeld worked for Switzerland’s largest bank, UBS. He exposed a multi-billion dollar international tax fraud scandal shortly after registering as an IRS whistleblower. It involved hundreds of billions of dollars (over 17,000 accounts) being hidden from IRS detection, largely by corporations and very wealthy individuals in the U.S. and U.K.

Birkenfeld was arrested for violating banking laws and was sentenced to 40 months at a federal prison in Pennsylvania. He is the only U.S. citizen to be sentenced for the scandal. At first, it was a secret to which wealthy Americans benefited from these tax evasion tactics, possibly because an unspecified number of the account holders were found to be U.S. Congressional leaders and other politicians.

Shortly before Eric Holder accepted President Obama’s offer to head the office of the Attorney General, he was legal council for UBS. It is also important to know that UBS’s President, Robert Wolf, is not only one of Obama’s golfing buddies, but one of his largest campaign contributors. Birkenfeld is scheduled to be released November 29, 2012.

BIRKENFELD IS SCHEDULED TO BE RELEASE JUST AFTER THE ELECTION!

NOT JUST WHISTLING DIXIE-

CUTTING OFF “KNOWS” TO SAVE FACE

PART 1-

http://www.thebradentontimes.com/news/2012/08/29/investigative_reports/not_just_whistling_dixie/

PART 2-

http://www.thebradentontimes.com/news/2012/09/01/investigative_reports/not_just_whistling_dixie_part_2/

UPDATE: JAILED WHISTLEBLOWER GETS MILLION$

The whistleblower in a breakthrough tax fraud case against Swiss bank UBS AG has won a record-setting $104 million reward from the U.S. Internal Revenue Service, a handsome payout that could entice more informants to come forward.

Bradley Birkenfeld, who once confessed to smuggling diamonds in a toothpaste tube, was not present at the news conference on Tuesday where his award was announced by his lawyers.

He was released from prison just last month and is living in New Hampshire under home confinement at a friend’s estate where he is gardening and assisting with other jobs involving manual labor on the property, the lawyers said.

Based on netting roughly $44 million after paying federal taxes and legal fees, which tax lawyers not involved in the case called a reasonable estimate, Birkenfeld realized about $46,000 for each day he spent in prison.

In a case that shook Swiss banking to its core, UBS in 2009 entered into a deferred prosecution agreement and paid $780 million in fines, penalties, interest and restitution to settle charges that it helped thousands of wealthy Americans hide billions of dollars in secret Swiss accounts.

U.S. authorities are still investigating other Swiss banks.

Birkenfeld knew the inner workings of UBS and spilled many secrets about his former employer’s dealings with U.S. clients. But he was jailed after the government said that he withheld other information and he spent 30 months in prison.

He is scheduled to be freed from home confinement in late November and he is continuing to help government tax authorities with their investigations, said his lawyers, Stephen Kohn and Dean Zerbe, who would not discuss their cut of the award.
http://www.reuters.com/article/2012/09/11/us-usa-tax-birkenfeld-idUSBRE88A0TE20120911

PANAMA PARTNERS DEED:

http://records2.baycoclerk.com/oncoreweb/showdetails.aspx?id=6832940&rn=32&pi=2&ref=search

PANAMA HOLDINGS DEED:

http://records2.baycoclerk.com/oncoreweb/showdetails.aspx?id=6832941&rn=27&pi=1&ref=search

SHORES OF PANAMA, LLC DEED:

http://records2.baycoclerk.com/oncoreweb/showdetails.aspx?id=6832946&rn=68&pi=4&ref=search

SHORES OF PANAMA DEED:

http://records2.baycoclerk.com/oncoreweb/showdetails.aspx?id=6846820&rn=26&pi=1&ref=search

LADDER CAPITAL FINANCE, LLC. MORTGAGE:

http://records2.baycoclerk.com/oncoreweb/showdetails.aspx?id=6832955&rn=29&pi=1&ref=search

INTERESTING IP ADDRESSES:

http://whatismyipaddress.com/ip/75.76.49.28

http://whatismyipaddress.com/ip/69.1.42.248

LADDER CAPITAL FINANCE,, LLC.- LENDER LINK

http://www.laddercapital.com/

UBS
Dillon Read
Read

Shores of Panama Collateral….Georgia Co…

https://maps.google.com/maps?oe=utf-8&client=firefox-beta&q=3284+Northside+Parkway+NW+Atlanta+GA&ie=UTF-8&hq=&hnear=0x88f5055be0e65a1f:0x815c25140affdfb3,3284+Northside+Pkwy+NW,+Atlanta,+GA+30327&gl=us&ei=dnWzT9WmMeSU2AWfzKnpCA&oi=geocode_result

Panama Partners ties to Read
http://maps.google.com/maps/place?oe=utf-8&rls=org.mozilla:en-US:official&client=firefox-beta&um=1&ie=UTF-8&q=READ+PROPERTIES,+INC+NEW+YORK&fb=1&gl=us&hq=READ+PROPERTIES,+INC&hnear=0x89c24fa5d33f083b:0xc80b8f06e177fe62,New+York,+NY&cid=15390657786640310067

This is what I was working on yesterday relative to the Bay County Sheriff Deputy, Stephen Kyle Jencks, who is handling the Cyber Unit investigation into the Stalkers on Topix. Jencks’ inlaws sold Pier 99 Motel to Breland/Shores of Panama for $18 Million and the FDIC took a $75 Million hit and sold for 1/2 price to the Swiss Shell Companies, Panama Holdings, LLC and Panama Partners, LLC, in NY. They all tie to Silverton Bank, Shores of Panama Collateral, a Georgia Company, and Vision Bank, with ties to Charles Isler who was involved in the Robert Shawn Ellison murder case at Panama City Beach First Baptist Church lawsuit where he got $75K in attorney fees. This gets as deep as you want to go.
This is from the Bay County Clerk records:
http://records2.baycoclerk.com/oncoreweb/search.aspx?bd=1%2F1%2F1987&ed=5%2F18%2F2012&n=JENCKS%2C%20Stephen&bt=OR&d=5%2F18%2F2012&pt=-1&dt=ALL%20DOCUMENT%20TYPES&st=fullname

This is related info regarding Jerry Davis who is involved with Bank of Bonifay/Coastal Community Bank failure and much, much more:

http://records2.baycoclerk.com/oncoreweb/search.aspx?bd=1%2F1%2F1987&ed=5%2F18%2F2012&n=davis%2C%20jerry%20g.&bt=OR&d=5%2F18%2F2012&pt=-1&dt=ALL%20DOCUMENT%20TYPES&st=fullname