Bank Of America Seeks Protection

U.S. Court News

Bank of America claims members of a "radical anti-tax group" filed bogus papers in court and attempted to "seize" and "foreclose" upon two BofA branch banks. Members of The United Cities Group wore false badges from the "Treasury Department" during their bogus "seizure," which they recorded and posted on YouTube, and they threaten to do again, BofA says.

BofA says the defendant filed a bogus "Notice of Lodgment" and "Notice and Demand" in Miami-Dade County, and tried to execute its claim for a bogus $12.5 billion debt.

"TUC representatives, including Mr. Angel Cruz, when appearing at the branches notified bank employees that they were with the 'Treasury Department' and entered the branched and recorded images of both the interior and exterior of the branches," BofA claims in Federal Court. "Shortly thereafter, TUC posted a press release on its Web site with a link to a YouTube video of the day's events and its plans to 'foreclose' and 'seize' the two Bank of America branches."

The bizarre federal complaint continues: "After 5 p.m. on July 7, 2008, the United States Service notified Bank of America and undersigned counsel that TUC contacted the Secret Service and informed it of TUC's plans to carry out its 'seizure' of the Bank of America branches with TUC's own armed private security officers at 7:30 a.m. on Tuesday, July 8, 2008."

The "purported basis" for these "seizures," according to the complaint, is that TUC has created its own banking system, called the TUC Private Currency Office. "TUC created 'drafts' drawn on its own 'bank.' TUC then attempted to deposit the drafts into an account with Bank of America held by TUC's member organizations, Orlando Escrow Services, Inc., and Miami Nights Corp." BofA says it rejected the fraudulent drafts.

It says the Comptroller of the Currency and the Federal Reserve have issued "Worthless Instrument alerts and fraud alerts regarding checks allegedly drawn on TUC's Private Currency Office."

After BofA rejected the bogus "drafts," it says, TUC sent its members to the Miami branches, with false Treasury Department badges, and video cameras.

"In its video posted on YouTube, TUC professes that it will be 'seizing' the Bank's property located at several bank branches to secure their claim, which totals $15,250,000,000. ...

"TUC's threatened seizures would post a serious and irreversible breach of the security of Bank of America's employees and its customers. Bank of America is in need of this Court's authority to prevent the illegal seizure of its property and to ensure the safety of its employees and customers."

BofA demands a restraining order. Its 8-page complaint is accompanied by 46 pages of exhibits, including TUC's "Notice and Demand," its bank "drafts," and correspondence. Bank of America is represented by Mary Leslie Smith with Foley & Lardner.

Related listings

  • Report shows law firm mergers are up

    Report shows law firm mergers are up

    U.S. Court News 07/08/2008

    The second quarter of this year saw the pace of law firm mergers rise sharply in the U.S., according to a new report from legal consultancy Altman Weil Inc. There were 26 new law firm mergers and acquisitions reported in April, May and June, compared...

  • Ruling Limits Courts' Role In Environmental Review

    Ruling Limits Courts' Role In Environmental Review

    U.S. Court News 07/07/2008

    Three people are accused of beating, torturing and prostituting a mentally disabled teen. Waquita "Goddess" Wallace, 33, Richard Marquis Harper, 20, and a woman identified only as "April" were charged in federal court with sex trafficking by force, f...

  • Texas Fired Her For Dissing 'Creationism'

    Texas Fired Her For Dissing 'Creationism'

    U.S. Court News 07/03/2008

    The longtime director of science curriculum claims the Texas Education Agency illegally fired her because she forwarded an email announcing a lecture by a speaker who opposes teaching creationism in science classes. Christina Castillo Comer claims th...

Lawyer Website Design For Sole Practitioners - Law Promo

Law Promo understands that running a solo law practice can be a difficult undertaking at any stage, especially if you are just starting up your practice.

The most challenging part of running any solo business can be managing each and every aspect, especially those areas in which you have less experience. Marketing is often one of the weakest areas for small businesses and yet is the most important in ensuring business growth.

A solid internet marketing campaign is crucial, as it can level the playing field between you and larger firms and is by far the most cost effective way to attract more clients.

Business News

Cook County IL Trucking Lawyers We are one of Cook County's leading Workers’ Compensation firms. Illinois workers’ compensation, transportation lawyers. >> read
Santa Ana, CA Workers' Compensation Lawyers We are one of Orange County’s leading Workers’ Compensation firms. >> read