Bank Foreclosure Fraud - FRAUD Element # 7 of 20 - Undermining Property Value By Disrupting Property Operations And Commerce

The last phase in the Worst Bank Foreclosure Fraud in U.S. History entailed TWENTY separate elements of FRAUD on mortgage loans that were:

• ALWAYS paid before the monthly due date
• NEVER delinquent
• NEVER in default
• And with regard to Mr. Young residence in Chapel Hill, NC, the subject mortgage loan was PAID-IN-FULL on the day he was violently evicted by a SWAT team of corrupt cops.

The 20 Elements of Fraud Were Perpetrated By . . .

. . . At the behest of . . .

. . . to cover-up the FRESCA crimes of MorganStanleyGate 

This entry covers . . .

FRAUD ELEMENT # 7

 which involved . . .

Undermining Property Value By Disrupting
Property Operations And Commerce

Hoose                                       Warren

On March 25, 2009, Paragon Commercial Bank personally visited with each tenant to hand-deliver a fraudulent notice of default and inform them they had declared the mortgage loan on the property in default and to direct them to stop making rent payments to Mr. Young – this proved to be disruptive to business operations and overall commerce at the subject property, known as The Pit Stop of Durham. 

This caused a great deal of anguish and confusion for Mr. Young’s tenants, introduced a dark cloud of uncertainty, and consumed much of their time unproductively, while also causing them to each incur a great deal of unnecessary legal expenses from having to confer with their attorneys. This being the case because they were unsure of how to respond to Paragon’s demand to remit their rent directly to them, without any proof of default (remember, no legitimate proof existed, because the defaults declared on ALL four of Mr. Young’s mortgage loans with Paragon were each an instance of CRIMINAL FRAUD). 

And it is noteworthy how Paragon surreptitiously undertook this FRAUDULENT and baseless action on March 25, 2009 but chose not to advise Mr. Young (via email) of their disruptive action until 9 days had passed (i.e., April 3, 2009).

Importantly, Congress did NOT bail out Banks so they could defraud and persecute the taxpayers who bailed them out. Moreover, the corruption observed in this matter alone, suggests a threat to the integrity of the U.S. Justice System may exist.