INSURANCE DEBT REDUCTION / MARYLAND MVA – IT IS A SCAM

Featured

MARCH 13, 2017

Prescott Lovern. Sr. says that Maryland’s new Insurance Debt Reduction Program (IDRP) is scamming Maryland (MD) residents.

It all starts with alleged insurance lapse fines assessed without a hearing [full due process required]. The U.S. Supreme Court ruled years ago that states cannot take away your driver’s license or registration without “full” due process. That is exactly what MVA does. They offer you a hearing “after the fact.” The illegal fines grow monthly.

What MVA didn’t tell you in their deceptive IDRP is that MD has a law that prevents any creditor from reviving the statute of limitations that have expired [3 years, no lawsuit, no judgment]: “Notwithstanding any other provision of law, on the expiration of the statute of limitations applicable to the consumer debt collection action, any subsequent payment toward, written or oral affirmation of, or any other activity on the debt may not revive or extend the limitations period.” MD Courts and Judicial Proceedings §5–1202. This is why they are now trying to get you to pay 80% when you owe nothing if it has been more than 3 years.

Taking away your right to drive for alleged fines resulting from alleged insurance lapses without a hearing violates, but not limited to, the 14th Amendment to the U.S. Constitution; and, it’s Mr. Lovern’s opinion, it violates 18 U.S.C., Sec. 242 [federal felony].

MVA goes further by telling you under the IDRP that if you sign up and violate one aspect of the program you will owe the full original amount. LIE! If the statute of limitations ran out on your alleged debt they can’t legally collect a dime. What they are doing is offering to let you drive legally again when in fact they illegally suspended your driving privileges to begin with.

Their IDRP also violates the The Fair Debt Collection Practices Act (FDCPA) and state laws. The entire insurance lapse practice at MVA is nothing but a scam, and the Department of Budget and Management’s Central Collection Unit (CCU) is nothing but a criminal enterprise.

Stay tuned.

WELLS FARGO (WF) FAKE ACCOUNTS & FAKE ARBITRATION – WF ARBITRATION AGREEMENT ILLEGAL

Featured

MARCH 10, 2017

Wells Fargo’s (WF) latest attempt to hide behind their illegal arbitration agreement, trying to avoid liability for “fake accounts” is nothing but another piece of their criminal enterprise.

What makes WF’s arbitration agreement illegal is the forced waiver of Private Attorney General (PAG) litigation and PAG Arbitration. The high courts have ruled that you cannot make a person waive their right to PAG litigation and PAG Arbitration, unlike class action. WF has known this for some time, yet they continue to lie to their customers about PAG.

Plaintiff lawyers should scrap their fake account class action lawsuits and go after WF under PAG, which in the right jurisdiction does not require proof of damage, proof anyone was misled, strict liability, and it’s extraterritorial.

WF should be shut down and their executives and lawyers should be prosecuted. C. Allen Parker, WF’s new general counsel, has no idea what he is walking into. Fake Accounts are just the tip of the iceberg.

Stay tuned.

 

EXELON CORPORATION CAUGHT COVERING UP CATASTROPHIC SECURITIES FRAUD

Featured

UPDATE: March 17, 2017

Prescott Lovern, Sr. is waiting for the new SEC Chairman to get into place before starting the Exelon securities legal matters.

UPDATE: February 21, 2017

Exelon’s current 10 K filed on or about February 13, 2017, is in violation of federal & state securities laws. Exelon continues to manipulate the market.

January 19, 2017

Prescott Lovern, Sr. (Lovern) has confirmed through an extensive investigation that senior executives / lawyers at Exelon Corporation (EC) have intentionally filed EC’s last three 10 Qs in violation of federal & state securities laws. The violations go back to issues during the merger with PEPCO Holdings, Inc., to include post-merger completion.

EC directors have knowingly aided and abetted the illegal acts that have created massive strict liability that very few investors understand, but with upcoming disclosures by Lovern could result in a massive sell off of EC shares. The upcoming litigation has the potential to bankrupt EC.

EC is raising customer rates throughout their utility service footprint and one has to wonder if they are stockpiling cash to prepare for the litigation. This is a dangerous legal conundrum for all of EC’s regulators who could get sucked into the illegal scheme.

Investors beware, this could be another Cendant Corporation.

Stay tuned.

PRESCOTT LOVERN, SR. CONFIRMS LYNDA.COM / LINKEDIN STEALING CONSUMERS’ MONEY – DISCOVER CARD WILLING PARTICIPANT, MICROSOFT TURNS BLIND EYE DUE TO PENDING PURCHASE OF LINKEDIN

Featured

December 14, 2016

Prescott Lovern, Sr. (Lovern) has completed an investigation into Lynda.com, owned by LinkedIn  (Lynda.com and LinkedIn collectively “LC”), and a premeditated scheme (scam) to steal money from consumers who used, considered using, or signed up for a free trial for LC services; and, Lovern has confirmed that Discover Card / Discover Financial Services (DFS) is helping LC.

LinkedIn owns Lynda.com and one way the scam works is that when LinkedIn acquired Lynda.com LC encouraged LinkedIn members to sign up for Lynda.com courses to spruce up the member’s resume. Lots of members discovered it didn’t help with potential employers so they canceled their participation, BUT, Lynda.com keeps on billing, and in the matter of Discover Card (DC) they just ignore their DC customers request for reimbursement of unauthorized charges.

Executives and lawyers at LC and DFS are covering this up, but not for long as Lovern is preparing for massive litigation and potential criminal charges.

Lawyers at Microsoft are looking the other way claiming they can’t do anything [not true] about it even though Microsoft is purchasing LinkedIn.

A few examples -

Lynda.com horrible billing practices – Nov 15  Lynda  Education  111

I noticed that I was being charged by lynda.com after canceling my services months earlier. I don’t remember signing up again, but it is possible. After finding no way to cancel services on their website, I wrote a message clearly stating that I wanted to cancel. I received a confirmation of receipt of my message and thought that I was done. They continued to bill me for several more months without me noticing.

Lynda – Horrible - Oct 17  Lynda   Education  Lindenhurst, New York  Lynda Account   112

Unresponsive but very willing to take money from your credit card. I literally had to resort to CLOSING my credit card so that they could STOP. Then after waiting forever, I finally got hold of someone and they told me a refund was not possible even though I had not USED the service nor logged into that account in months. I told them I was interested in being a member for another 12 months AFTER all the traveling I was doing.

Lynda – These *** Thieves Oct 12  Lynda   Education  Seoul, Seoul  1   88

I never even signed up for this *** and they took money from my account! They should be sued and I think I’ll go through the motions of making this happen. I’m not sure if anyone is actually even working at the sight. I have made as many calls and inquiries about this place and found very little in the way of them showing that they are remotely concerned about how they change people’s accounts or whether they are taking money from people.

Stay tuned.

PRESCOTT LOVERN, SR. MAKES DECISION TO START SUING DEFENSE LAW FIRMS WHO INTENTIONALLY COVER-UP SECURITIES FRAUD COMMITTED BY THEIR PUBLIC STOCK CLIENTS

Featured

MAY 13, 2014:

Prescott Lovern, Sr. (Lovern) & R & L Associates Law are continuously having to deal with defense law firms covering up violations of 17 CFR 229.103 (103) and/or 303 in their client’s SEC filings, representing public stock companies facing catastrophic litigation from (Lovern). The client intentionally fails to disclose as required by 103 and/or 303 disclosure requirements.

Lovern does not like suing lawyers, or, filing disciplinary complaints against lawyers, BUT, this situation is out of hand and it’s time to stop lawyers from covering up securities fraud by management inside public stock companies. In-house and outside lawyers be advised, R&L / Lovern now have a zero tolerance for you covering up securities fraud, as shareholders deserve better.

PRESCOTT LOVERN, Sr. CONFIRMS VETERANS ADMINISTRATION (VA), HUD, FANNIE MAE & FREDDIE MAC CONTINUE TO PARTICIPATE IN ILLEGAL FORECLOSURES & SUBSEQUENT SALES OF PROPERTY THAT DOES NOT HAVE CLEAR TITLE

Featured

May 19, 2013

The states / federal government continue to look the other way while the Veterans Administration (VA), HUD, Fannie Mae & Freddie Mac continue to participate in illegal foreclosures and subsequent sales of property to unsuspecting buyers who do not know they are buying property that does not have clear title, inclusive of the VA allowing illegal foreclosures on Veterans. This coupled with selling property that does not have clear title to Veterans and consumers is unconscionable.

Prescott Lovern, Sr. (Lovern) has given evidence to the VA Secretary and lawyers, and, the House Committee on Veterans Affairs, about the VA’s involvement, yet, they have done nothing. The same situation applies to HUD, Fannie Mae & Freddie Mac and their regulators who keep on looking the other way. In a phone call Lovern had with the House Committee on Veterans’ Affairs, investigator / lawyer Harold Rees (Rees), whereby Rees lied to Lovern [found out after-the-fact] and committed ethic’s violations, Lovern figured out Rees conduct was all part of the government’s pan to continue to cover-up the massive mortgage / foreclosure fraud scandal they helped create and refuse to deal with properly. Lovern confronted Rees who disappeared.

Lovern contacted Committee Chairman, Florida Congressman Jeff Miller and his chief of staff [Lovern left detailed voice mails about the unethical conduct of committee staff members]; however, no one has returned Lovern’s telephone calls and the VA continues to defraud the public everyday, including our Veterans.

Banks, mortgage companies, and real estate service companies continue to commit fraud, known by their regulators, known by the federal / state governments, and the fraud appears that it will never stop, which is why R & L Associates has elected to file the correct lawsuit to stop it. If the stock market crashes… so be it. Better now than later.

The federal & state governments are both negligent and the madness has to stop. All the fraud is connected to Mortgage Electronic Registration Systems, Inc. (MERS II) who the federal government helped establish and the government is trying to keep MERS II in business because the government, nor anyone else, cannot fix the clouded titles MERS II created between 2000 and 2011. We obviously shouldn’t expect the government to tell us the truth.

Prescott Lovern, Sr. and R & L Associates Law know the truth and it has been admitted by MERS II’s lawyer directly to Lovern.

Stay tuned.

 

 

PRESCOTT LOVERN HAS ELECTED TO TAKE ON LPS / DOCX – DOJ / DE DOJ SETTLEMENT SCAM

Featured

April 17, 2013:

On or about Feb. 15, 2013, Lender Processing Services (LPS) / DocX entered into a plea agreement with the United States Department of Justice (DOJ) that took the position that the service companies, mortgage companies, and banks DocX was working for did not have knowledge of how DocX was creating fraudulent title conveyance documents recorded in local courthouses nationwide. That is PURE BS!

LPS / DocX entered into a similar agreement with the Delaware (DE) DOJ on or about Oct. 16, 2012. The DE agreement is important due to the role of Delaware in the continued cover-up by state and federal officials of Mortgage / Foreclosure Fraud nationwide, and, their incredible efforts to protect the banks, mortgage companies & service companies. Why? Because the states and feds know that there are millions of properties in the U.S. without clear title and they cannot fix it due to Delaware law. LPS / DocX’s guilty pleas state that “Surrogate Signers executed the Subject Documents without prior authorization from the Servicers.” The Servicers NEVER HAD SIGNATORY AUTHORIZATION for “MERS Documents” prior to July 11, 2011. The plea agreements are total fabrications to try and make the public believe something that is NOT TRUE. Disinformation at its best.

Every day unsuspecting people who pay their bills buy homes thinking they are getting clear title when in fact clear title does not exist and cannot be obtained. The states and federal government know this, yet they allow the criminal enterprise[s] made up of banks and mortgage companies to continue to defraud the public by intentionally selling property with known clouded titles.

In a desperate move to protect the government[s] a small committee of lawyers in Delaware, connected to the State Bar Association, is drafting proposed legislation to change the corporate laws in Delaware that could be used by MERS to attempt to retroactively make all “illegal” title conveyances made on behalf of MERS “legal.” This is the most outrageous attempt yet to cover-up the theft of American’s Homes. IT WILL NOT HAPPEN  !!!!!!!!!!!!

PRESCOTT LOVERN DISCOVERS MERS, LPS / DOCX, & WELLS FARGO BANK, N.A. still engaged in MORTGAGE / FORECLOSURE FRAUD with the help of HSBC

Featured

April 11, 2013

Even though Wells Fargo Bank, N.A. (WF) agreed to stop illegal foreclosures, and stop selling real estate they do not own, part and parcel to the National Mortgage Settlement, they are committing more civil / criminal – mortgage / foreclosure fraud than ever.

Lender Processing Services (LPS) is also still participating in civil / criminal – mortgage / foreclosure fraud even though their DOCX operation in Georgia pled guilty in late 2012 to creating fraudulent MERS Title documents, and, LPS just recently agreed to stop [2013], part and parcel to a settlement with the Florida Attorney General, 45 other states & the District of Columbia.

Prescott Lovern gave LPS’ attorneys’ undeniable evidence of criminal mortgage / foreclosure fraud in Maryland whereby a couple’s home was illegally foreclosed on and then sold just recently, YET, LPS did nothing about it. It happened based on fraudulent MERS title documents prepared by DOCX in 2003 that resulted in no clear title [same operation that pled guilty to federal charges for creating signing & filing fraudulent MERS title documents], LPS’ former subsidiary. DOCX was working for WF, who knew it was all illegal but allowed it to filter forward eventually resulting in an illegal foreclosure and illegal sale. HSBC was the trustee who is also ignoring the criminal fraud.

The smoking gun MERS fraudulent title document was signed by the infamous “Linda Green,” outed by “60 Minutes.” This is the same Linda Green who WF’s own lawyer filed court documents in 2008 saying she did not have legal authority to sign any MERS documents.

Prescott Lovern & R&L Associates Law are pursuing both civil and criminal proceedings against WF, DOCX employees, LPS / employees & HSBC.