MASTERCARD INCORPORATED THROWS CERTAIN MEMBER ISSUERS UNDER THE BUS, SETTING THEM UP FOR SHAREHOLDER, JUDICIAL, INVOLUNTARY DISSOLUTION

Featured

UPDATE: AUGUST 6, 2018

Visa, Inc. ignores Prescott Lovern, Sr. as to public stock VISA credit card issuers / holding companies and their potential judicial, shareholder petition for involuntary dissolution. Visa & Mastercard in step to damage certain members. No response from Visa, Inc. or their lawyers, Farella Braun + Martel.

AUGUST 3, 2018

Prescott Lovern, Sr. (Lovern) has painted Mastercard Incorporated (MCI) in a corner regarding certain public stock banks that issue MasterCard credit cards (MCCCs). MCI and its law firm, Paul Weiss, rejected Lovern’s offer to not pursue statutory dissolution of certain publicly traded banks that issue MCCCs. Lovern has the necessary evidence to have the banks in question dissolved by the court.

Bottom line, MCI signed the banks’ death certificate [metaphor], setting them up to be dissolved.

Stay tuned. VISA, Inc. is next.

 

LOUISIANA LOTTERY VIOLATING CERTAIN WINNERS’ CONSTITUTIONAL RIGHTS; COMMITTING MASSIVE NUMBER OF FEDERAL FELONIES, PART & PARCEL TO CORRUPTION INSIDE GAMING / PARIMUTUEL REGULATION BY STATE

Featured

AUGUST 2, 2018

Prescott Lovern, Sr. (Lovern) has exposed massive corruption inside the Louisiana (LA)  Lottery connected to Rose Hudson, president, and the Lottery Board. Ms. Hudson makes over $200,000 a year. The Lottery is violating the constitutional rights of its winners who collect over a certain amount [federal felony], and, additional felonies are committed in connection to the same payout. Felonies obviously pay well in LA.

Considering who has oversight for the Lottery their conduct is outrageous. From the Lottery“To ensure the highest level of accountability, the following entities have varying degrees of oversight over the corporation, including review of its budget and administrative rules and drawings: Governor of Louisiana, Joint Legislative Committee on the Budget, Senate Judiciary B Committee, House Committee on Administration of Criminal Justice and Office of the Legislative Auditor.” How can all these people abuse its citizens and keep a straight face.

State Regulators who regulate gaming & parimutuel are also participating in massive corruption connected to certain jackpot payouts at tracks and casinos. The LA Attorney General’s Office just turns a blind eye, as does the Governor. Lawyers for the Governor just hide, as do the appropriate lawyers in the AG’s office. Gambling in LA is just one big criminal enterprise, but not for long as legal actions are on the horizon that will hold all involved personally accountable.

One bad outcome will be that the LA Lottery corporation will be bankrupted, along with senior Lottery officials. What happens to the Lottery after that is anybody’s guess.

Stay tuned.

NEW YORK DEMOCRATIC STATE GOVERNMENT ADMINISTRATIONS FOR THE LAST 10 YEARS, THROUGH SENIOR STATE OFFICIALS – NY DEPT. OF TAXATION AND FINANCE INCLUDED, HAVE COMMITTED MILLIONS OF FEDERAL FELONIES; PLUS, VIOLATED THE CONSTITUTIONAL RIGHTS OF NY RESIDENTS / U.S. CITIZENS, AND, ARE NOW TRYING TO COVER-UP

Featured

JULY 27, 2018

Prescott Lovern, Sr. (Lovern) says the New York Democratic Party / Administration, and especially NY Governor Andrew Cuomo, should stop attacking our President and look in the mirror. Serious corruption exists in the NY State Government. Massive numbers of U.S. Constitutional violations and millions of federal felonies have been committed by NY State Government Officials over the last 10 years. The Governor’s Office, Attorney General’s Office, NY Dept. of Taxation & Finance Agency (Tax Dept.), NY Gaming Commission, NY Lottery… all are covering-up this massive corruption.

Today one NY Tax Dept. lawyer told Lovern they would be using taxpayer money to pay personal legal expenses connected to this liability. Committing federal felonies does not fall under NY State Official authority. These illegal acts are going outside the scope of work authority creating personal [individual capacity] liability.

The NYS Joint Commission on Public Ethics refused to let Lovern talk to its Executive Director [Democrat - creating plausible deniability for him] forcing Lovern to talk to the investigations office. One big problem with that is the investigation office has no federal authority, and all they wanted to do was get free discovery. Didn’t happen. NY CLS Pub O § 74 – 3(h) is in play, but in connection to federal crimes.

This is the biggest scandal to hit NY State in a century. Well Democrats, what are you going to do next? Bribe the F.B.I. and U.S. DOJ?

Stay tuned.

NATIONAL CREDIT UNION ADMINISTRATION (NCUA) SETS UP FEDERAL CREDIT UNIONS THAT ISSUE MASTERCARD & VISA CREDIT CARDS FOR BANKRUPTCY

Featured

JULY 27, 2018

Prescott Lovern, Sr. (Lovern) warned the NCUA during the OBAMA Administration about credit unions they regulate who issue MasterCard (MC) and/or VISA credit cards, like Navy Federal Credit Union; that the credit unions are not complying with federal law regarding disclosure of transaction fees prior to opening the account[s].

NCUA’s general counsel, after lying about how long he had been at the NCUA, went off on Lovern when he was told that he and the NCUA has been participating in bank fraud, wire fraud, mail fraud, money laundering, and additional federal felonies. Lovern will seek to have him disbarred. He is a Obama holdover.

The Obama Administration covered-up the massive criminal enterprise involving banks, regulators, and credit unions that has liability that far exceeds $100,000,000,000,000. [That's trillions]. The NCUA covered it up and now is again trying to sweep it under the carpet.

The regulators think they can get away with massive fraud because they are regulators. The NCUA has until Noon Monday, EDT, July 30, 2018, to stop the illegal conduct or be held accountable via every legal remedy available.

Stay tuned.

VIRGINIA SENIOR DEMOCRATS, GOVERNOR / FORMER GOVERNOR, ATTORNEY GENERAL & EXEC. DIR. VA LOTTERY, ALL CONNECTED TO MASSIVE CORRUPTION INVOLVING FEDERAL FELONIES

Featured

JULY 25, 2018

Prescott Lovern, Sr. (Lovern) caught the Virginia Lottery and other Virginia (VA) Agenc[ies] using illegal forms that violate federal laws and result in massive numbers of federal felonies; plus, the forms violate the constitutional rights of the citizens that are forced to fill them out.

Lovern demanded that the Governor and/or Attorney General stop the illegal conduct. The former Governor was warned before leaving office. Mr. Hall, Exec. Dir. at the Virginia Lottery, has done nothing but hide. The parties were given a deadline to stop breaking the law by a certain time today. Not only did that not happen, nobody even responded. Talk about arrogance. State lawyers involved are going to the disciplinary committee. Their conduct has been unethical.

This is typical democratic party behavior, thinking they are above the law, and not giving one hoot about the rights of citizens. They are part of the DEEP STATE and need to be held accountable. The conduct of certain current VA Administration Officials is OUTRAGEOUS.

Wake-up VA residents. You are being duped and abused.

CONNECTICUT CAUGHT VIOLATING FEDERAL LAW / CITIZENS CONSTITUTIONAL RIGHTS RESULTING IN MASSIVE NUMBER OF FEDEAL FELONIES; ATTORNEY GENERAL JEPSEN TOO IMPORTANT TO DEAL WITH IT

Featured

JULY 25, 2018

Prescott Lovern, Sr. (Lovern) has caught the state of Connecticut (CT) violating the constitutional rights of U.S. Citizens that has resulted in 100s of thousands of federal felonies, maybe millions.

Lovern attempted to make an appointment with CT Attorney General (AG) Jepsen to discuss the matter and and ask the AG to stop the illegal conduct, however, Mr. Jepsen’s assistant made it PERFECTLY clear that Lovern does not have a right to talk to the AG, right before she hung-up on him.

Oh, how wrong she is because the AG can talk to Lovern in front of a judge. Lovern also intends to file a disciplinary complaint against Jepsen. Maybe Jepsen will make time for the Federal Prosecutors. Who would have known that Mr. Jepsen is so important. Lovern thought he was a public servant.

Stay tuned.

PEOPLE’S UNITED FINANCIAL (PEOPLE’S) MERGER WITH FIRST CONNECTICUT BANCORP (FCB) NOTHING BUT A SHAM. PEOPLE’S & FCB SHAREHOLDERS BEING DEFRAUDED BY DIRECTORS, MANAGEMENT & LAWYERS.

Featured

JULY 23, 2018

SUB-HEADING: PEOPLE’S UNITED BANK [PEOPLE’S UNITED FINANCIAL] (PEOPLE’S), ACTING AS PAYMENT AGENT FOR THE VERMONT LOTTERY (VL), HAS BEEN VIOLATING THE CONSTITUTIONAL RIGHTS OF LOTTERY WINNERS ON BEHALF OF THE VERMONT LOTTERY, RESULTING IN A MASSIVE NUMBER OF FEDERAL FELONIES.

People’s is up to their eyebrows in illegal conduct with the Vermont Lottery [VL] that includes a huge number of federal felonies. FCB shareholders are unaware, just like People’s shareholders are unaware of FCB’s participation in the Mastercard (MC) / VISA credit card racketeering enterprise (RICO scheme) that can bankrupt FCB. Ironically People’s is also participating in the RICO scheme that can bankrupt People’s. The two companies are merging but the respective shareholders have no idea of what is really going on inside the respective compan[ies].

Simpson Thatcher & Bartlett LLP, serving as legal counsel to People’s United Financial / People’s United Bank in the merger, and, Hinckley Allen & Snyder LLP serving as legal counsel to First Connecticut Bancorp, Inc. [FCB] / Farmington Bank in the merger, are covering-up catastrophic liability facing their respective clients, making the announced merger nothing but a sham.

Both banks have violated, but not limited to, each of their MC and/or VISA credit card (CC) customer’s constitutional rights with every CC account opening.

Stay tuned.

WYNDHAM HOTELS & RESORTS & WYNDHAM DESTINATIONS CAUGHT TRYING TO COVER-UP THEIR ILLEGAL WYNDHAM REWARDS TERMS; DLA PIPER COMPLICIT IN THE ILLEGAL CONDUCT

Featured

JULY 20, 2018

Prescott Lovern, Sr. (Lovern) confronted Wyndham Worldwide Corporation (now two companies – Wyndham Hotels & Resorts, Inc. (WH) and Wyndham Destinations, Inc. (WDI) (collectively “WYN”) over two months ago about illegal terms in the Wyndham Rewards Program. WYN immediately turned it over to DLA Piper’s (Piper) New Jersey office.  Piper took the documented position that the terms are perfectly legal. Lovern disagrees, backed-up by U.S. Supreme Court precedent.

Here’s the punch line. Several weeks later as part of a website renovation WYN, who shares the Rewards Program post spin-off, slipped in a drop down disclosure that says what Lovern said needed to be in the Wyndham Rewards Terms. This is like trying to sneak a pork chop past a dog. This partially hidden disclosure [website, not in the Terms] is the same as an admission that the Terms are illegal. Piper participated in the attempted cover-up.

Piper has fiduciary duties to the WYN Shareholders, and those duties have been violated repeatedly on a host of legal issues. Piper is not just an international law firm and outside counsel to WYN, they have become a co-conspirator in very serious illegal schemes being facilitated by WYN and its officers & directors. Lovern intends to hold Piper and WYN accountable for their nefarious acts. As one of the largest law firms in the USA Piper should be ashamed. They are no better than their client. WYNDHAM REWARDS CUSTOMERS, WYNDHAM VISA CREDIT CARD Cardholders, Caesar Casino guests, BEWARE!!!!!!

Stay tuned.

WASHINGTON STATE CORRUPTION ON THE RISE; MASSIVE CORRUPTION INSIDE STATE LOTTERY / COMMISSION; BEING COVERED-UP BY ATTORNEY GENERAL’S OFFICE

Featured

JULY 19, 2018

Prescott Lovern, Sr. (Lovern) has caught the Washington State Lottery violating the constitutional rights of lottery winners [federal felony] for YEARS, and, committing tens of thousands of different federal felonies over the years. Lottery Officials, lawyers, and the state attorney general’s (AG) office is covering-up the corruption / slash illegal conduct. Lottery lawyer Kristi Weeks thinks she can get away with it. NOT GOING TO HAPPEN. 

Washington’s self-perception as a model state for government accountability and transparency doesn’t quite match up to 2015 findings from the State Integrity Investigation carried out by the Center for Public Integrity and Global Integrity. Washington scored 67, or D+. The Washington Lottery has been embroiled in scandal.

AG Ferguson’s office seems to think committing federal felonies is OK. He’s got a lot to learn. Washington waived its sovereign immunity. The Governor’s Office has been too busy to be bothered with all the corruption. If the Governor does not STOP the illegal conduct by 10 A.M. PDT tomorrow, 7/20/18, he will be joining all the other defendants in the District of Columbia as an individual capacity defendant. Yes, District of Columbia. Standing is set in concrete.

Stay tuned.

PRESCOTT LOVERN, SR. CONFIRMS LARGEST FEDERAL FELONY CASE IN HISTORY, COMMITTED BY U.S. TREASURY & IRS ET AL, COVERED-UP BY U.S. DOJ

Featured

UPDATE: JULY 18, 2018

NATIONAL INDIAN GAMING COMMISSION CONSPIRING WITH INDIAN CASINOS THEY REGULATE TO VIOLATE PATRONS’ CONSTITUTIONAL RIGHTS; AND, COMMIT FEDERAL FELONIES IN CONJUNCTION WITH SOCIAL SECURITY NUMBERS.

UPDATE:  July 16, 2018

Lawyers in the IRS Office of Chief Counsel are Running for the Hills. No Lawyer so far who works in the Office of Chief Counsel [IRS], to include William Paul [top lawyer], wants to touch the illegal conduct much less stop it. UNBELIEVABLE. No one has attempted to dispute the allegations.

JULY 14, 2018

Prescott Lovern, Sr. (Lovern) has undeniable proof that the U.S. Treasury (Treasury) & IRS have committed what could be millions of federal felonies in a premeditated scheme that violates the constitutional rights of U.S. Citizens who win over a certain dollar amount in casinos, race tracks, dog tracks and/or legal betting parlors, and, state lotteries. One assistant U.S. Attorney, U.S. Department of Justice (DOJ) [Las Vegas] told Lovern, “We can’t make prosecutorial decisions based on the number of felonies.”  Expect another cover-up like “Fast & Furious,” and the “FISA Warrants.” No federal official has denied Lovern’s allegations. The laws are not ambiguous, and are undeniable. Lovern challenges any potential defendant to PUBLICALLY debate the legal issues with him.

The Treasury Inspector General office, and Treasury Inspector General for Tax Administration office, covered this up several years ago when Lovern reported it [documented]. Instead of stopping the illegal conduct the Treasury / IRS doubled down. That raises the question of whether the “Deep State” employees doubled down in 2017 [physical evidence] to embarrass the President, who DOES NOT have any knowledge. The various gambling / racing industries were put on notice by Lovern several years ago.

The premeditated illegal scheme is connected to the collection of social security numbers (SSN) when the SSN is collected by the gambling establishment. When the SSN is collected it ripens over a half-dozen federal felonies every time a SSN is collected using a W-9 and/or W2-G Form. This is NOT about the reporting of gambling winnings. It’s about the lack of federally required disclosure when the SSN is collected.

Legal gambling establishments are knowingly participating in the illegal scheme to appease the IRS. They are not required to break the law. Ignorance of the law is not a defense. Gambling establishments cannot hide behind the IRS. The government cannot make you break the law. The laws that govern SSNs are in the Social Security Act, not the Tax Code.

State Regulators / AGs / and some Governors are looking the other way because whatever the IRS wants, the IRS gets, regardless of whether or not it is legal, and the hell with the Patrons constitutional rights. This is just another great example of the “Axis of Elitist” thinking the working man / woman and their legal rights are not important. I’m sure this will be another double standard of who our laws apply to, BUT, the feds cannot stop the civil lawsuits, including against them.

The civil liability is off the chart. Many Public Stock gaming / racing corporations and their law firms are facing bankruptcy, as are the IRS acting Commissioner and high ranking Treasury / IRS / DOJ Officials et al. Concealment of a conspiracy is an overt act. Federal officials have gone outside the scope of their authority. Congress cannot retroactively eliminate constitutional violations, or, the liability. Kentucky horse racing and Las Vegas will never be the same after the lawsuits are finished. Just two examples.

Stay tuned.