JPM caught with robo pants down around ankles over credit card lawsuit robo signings
JPM is at it again... for those of us who know its business as usual for these alleged scum bag white business collar criminals.
LOS ANGELES (Reuters) - California's attorney general sued JPMorgan Chase & Co on Thursday, accusing the company of falsely signing documents to unlawfully collect credit card debt from thousands of customers.
The company "bet that borrowers would lack the resources or legal sophistication to call bluff," the lawsuit said.
"Robo-signing" first gained prominence after the housing bubble burst in 2008, when it emerged that banks across America evicted people from their homes with false or incomplete documentation.
Among fraudulent debt collection actions, the lawsuit states that JPMorgan "illegally robo-signed" various litigation filings, including sworn documents, declarations, and verified complaints, without reviewing the relevant files or bank records or even reading the documents before signing.
Whats next ? will JPM learn how to bring people back from the dead as zombies in order to continue to garnish and seek judgements on the dead ?
Will anything happen to Jaime D ?? probably not he'll get a B J if anything... meanwhile customers ~ tax payers ~ shareholders ~ lower level employees following orders will take the brunt of it.
JPM will probably settle without admitting any guilt... pay a nominal fine and than proceed to the next criminal like act.
Sad that $$$ seems to super-sede any kind of reputation or legacy.