INTERCHANGE FEE SCAM – THE TRUTH FROM PRESCOTT LOVERN, SR. MASTERCARD / VISA CREDIT CARD CRIMINAL ENTERPRISE EXPOSED; PAG / RICO, UNFILED, NEVER BEFORE LITIGATED LAWSUIT NOW AVAILABLE TO ALL LICENSED LAWYERS [Free], and REGULATORS.

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UPDATE: JUNE 15, 2018

Mastercard / VISA Criminal Enterprise and Regulators – U.S. Treasury / I.G.’s Office, OCC, CFPB, SEC, FINRA, FDIC / I.G’s Office, Federal Reserve (FR) / FR Banks / I.G.’s Office, American Bankers Association, state banking regulators [e.g. New York Financial Services / N.Y. Attorney General's Office, Delaware Office of the State Bank Commissioner, major law firms et al, continue to commit overt acts in furtherance of the Interchange Fee Conspiracy [MC / VISA credit card Cardholders], inclusive of the conspiracy to commit mail / wire fraud between 2008 and Richard Cordray’s confirmation as Director of CFPB. 

JUNE 10, 2018

Prescott Lovern, Sr. (Lovern) says the long awaited Private Attorney General / RICO lawsuit (Pleading) on behalf of Bankamericard, Mastercharge, MasterCard & VISA credit card Cardholders (4 cards collectively “CREDIT CARDS”) is now available to all licensed lawyers and Regulators for free. TRILLIONS of DOLLARS in liability, including STRICT LIABILITY with no requirement to prove damages, anyone was misled, or deceived. To obtain the unfiled Pleading for free, contact the litigation department at [phone number had to come down due to fraudulent calls] email litigation@rlassociateslaw.com. For security reasons the Pleading is not being posted online. It will be sent to all qualified parties. It will be sent to plaintiff lawyer associations regardless whether they ask for it.

This unfiled lawsuit is being given to primarily plaintiff lawyers for free, but anyone can file any lawsuit they want using the information in the Pleading. Only a small percentage of potential defendants are named. The only way to deal with such a larger defendant pool is to open it up to everybody.

One of the best litigation venues is the District of Columbia (DoC). As to Conspiracy, the last overt act has not been committed. There is no statute of limitations on civil RICO. It is based on local law. The District [DoC] Discovery Harm Rule [governs RICO & Private Attorney General (PAG)] is based on when the victim finds out. CREDIT CARD Cardholders do not know that for 48 years the illegal hidden Interchange Fee (IF) charged to their account on every transaction, kept by the Issuer, was supposed to be disclosed multiple ways [federal law], as explained in the Pleading.

Keep in mind that the claims not only include CREDIT CARD Issuers [banks, credit unions], e.g. CHASE, CITIBANK, U.S. BANK, WELLS FARGO, BANK of AMERICA, PNC, HSBC, BARCLAYS, RBS; Mastercard Corporation [ROUGHLY 191 M CARDHOLDERS], VISA, Inc. [ROUGHLY 323 M CARDHOLDERS]; DEFENDANTS also include CREDIT CARD Affinity Partners like Wyndham Rewards VISAs [New Wyndham Hotels & Resorts / Wyndham Destinations Public Companies, and their law firm DLA PIPER]; NFL; MLB; NHL; NBA; Airlines; Hotels; Universities; Associations; Retailers like WALMART [MasterCard - Synchrony Bank] can be bankrupted as they never left the conspiracy in-between affinity cards [directors, officers, lawyers covered-up]; Law Firms who have aided & abetted / co-conspired [listed]; Regulators who have knowledge, yet looked the other way [Pinkerton Rule, individual capacity], etc. Affinity Partners are “Merchants” under the DCCPPA. There are plenty of lawsuits available to go around. No shortage of Defendants. Pick as big or small of a defendant as you like.

The CREDIT CARD industry continues to cover-up what is the largest illegal transfer of wealth in history. Bigger than the real estate scandal. The IF SCAM is the largest criminal enterprise in history. Lovern has evidence that he has never disclosed, as he knows the Defendants will continue to lie, lie, lie, just as they have been doing forever. Nobody has filed any lawsuit on behalf of CREDIT CARD Cardholders and the illegal IFs charged to the Cardholder’s account.

Don’t let ARBITRATION scare you. CREDIT CARD Issuers cannot force a CARDHOLDER to forfeit their constitutional or statutory rights. Lovern can help you with this. PAG arbitration is available to any Cardholder. [SCOTUS precedent].

NOTE: All named Defendants in the Pleading have been put on written Notice.


					

WYNDHAM SHAREHOLDERS BEWARE! INVESTORS IN NYSE “WH” and “WYND,” YOU ARE BEING DEFRAUDED; FEDERAL FELONIES BEING COMMITTED

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JUNE 3, 2018

PRESCOTT LOVERN, SR. (Lovern) says that Wyndham Worldwide Corporation (WWC) [pre-spin off] executives / lawyers [in-house and outside] – continuing today; Blackstone Group – executives / lawyers; La Quinta Directors, executives / lawyers; ICE / NYSE – directors, executives / lawyers; and, FINRA – directors, executives / lawyers, sanctioned by the SEC, conspired to defraud former WWC Shareholders and La Quinta Shareholders, ignoring WWC’s illegal 10 K [Wyndham has not amended their 10 K] that fails to disclose catastrophic liability connected to Mastercard & VISA’s credit card criminal enterprise that can bankrupt both Wyndham companies; said liability required to be disclosed under state and federal laws. Wyndham’s affinity partner indemnifications are worthless.

As of today, investors in (NYSE: WH), and (NYSE; WYND) are being defrauded, part and parcel to massive fraud that includes Securities Fraud Federal Felonies and Civil Rights Federal Felonies. La Quinta Shareholders were defrauded, part and parcel to the sale to Wyndham. Outside law firms, DLA PIPER, KIRKLAND ELLIS, SIMPSON THATCHER & BARTLETT, and SULLIVAN & CROMWELL, all covered-up the various frauds, electing to take the money. Lovern invites them to take him to court and try and prove this press release is false.

Defendants think they can get away with this but they will NOT. INVESTORS BEWARE!!!

 

 

BLACKSTONE GROUP, LA QUINTA HOLDINGS, INC. DIRECTORS DEFRAUD LA QUINTA SHAREHOLDERS IN WYNDHAM WORLDWIDE ACQUISITION

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MAY 31, 2018

PRESCOTT LOVERN, SR. (Lovern) says BLACKSTONE and the La Quinta Holdings Directors led by Blackstone’s hand picked Board Chairman, MIT Shah of Noble Investments Group, looked the other way and closed the deal with Wyndham Worldwide Corporation (WWC) even though they knew WWC is facing bankruptcy for, but not limited to, securities fraud and racketeering connected to the Mastercard / VISA credit card criminal enterprise.

FOUR major law firms knowingly participated, and will be held accountable. President Trump has no idea what is going on with Wall Street. Presidents come and go and Wall Street never changes its corrupt, criminal activity. The stock market is more corrupt than ever. Just look at the conspiracy between the SEC and National Archives uncovered by Rolling Stone’s Matt Taibbi when the SEC / Obama Administration covered-up Hundreds of Billions $$$$$$ in securities fraud connected to the real estate scandal. Wall Street needs a colon cleanse and people need to go to jail.

The SEC, Intercontinental Exchange (ICE) / NYSE & FINRA stood silent and watched massive fraud be committed yesterday and today connected to WWC. More to come. See previous releases.

Stay tuned

FINRA [Financial Industry Regulatory Authority], SETS – UP NYSE / INTERCONTINENTAL EXCHANGE FOR BANKRUPTCY

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MAY 29, 2018

PRESCOTT LOVERN, Sr. (Lovern) states that the New York Stock Exchange (NYSE ) / Intercontinental Exchange, Inc. (ICE) are facing bankruptcy, as FINRA allowed Broker / Dealers to sell / trade stock issued by Mastercard Corporation & VISA, Inc.’s criminal enterprise [Issuing Financial Institutions / Affinity Partners] (hereinafter “RICO Issuers”) who have been defrauding MasterCard / VISA credit card Cardholders for about 48 years [going back to Bankamericard / Mastercharge]. The largest illegal transfer of wealth in U.S. History.

FINRA covered-up the selling and trading of RICO Issuers stock on the NYSE. FINRA executives and lawyers knowingly and willingly participated in the racketeering enterprise, assisting the NYSE in its participation, helping the RICO Issuers steal money from Cardholders. Loven patiently waited for it all to come together, and now he has ICE, NYSE & FINRA, their senior executives and lawyers 100% compromised. The SEC was compromised months ago. It’s all coming together, exposure of the crooked stock market and the people who protect its illegal scams. You cannot allow private companies to regulate the STOCK MARKET, BUT that’s how it works.

ICE / FINRA officers, directors and lawyers are hiding. NYSE executives / lawyers are hiding. It’s all coming down… soon.

This can crash the stock market as it involves TRILLIONS of DOLLARS in strict liability, and, TRILLIONS of DOLLARS in RICO civil liability.

Stay tuned.

 

WYNDHAM WORLDWIDE CORPORATION UPCOMING STOCK SPLIT MAY 31, 2018, DEFRAUDS INVESTORS; NYSE COMPLICIT IN WYNDHAM FRAUD

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UPDATE: May 30, 2018

Prescott Lovern, Sr. has confirmed that Wyndham Worldwide Corporation did not disclose their massive strict liability to La Quinta Holdings Inc. (NYSE: LQ) . The La Quinta deal is scheduled to close today.

MAY 25, 2018

Prescott Lovern, Sr. (Lovern) has confronted Wyndham Worldwide Corporation (WWC) and their law firms DL Piper & Kirkland Ellis, about how WWC has hidden from the investing public hundreds of billions of dollars in strict liability connected to two different upcoming lawsuits that WWC had a legal obligation to disclose. The investing public looking forward to the WWC stock split has no idea that WWC is facing bankruptcy.

If that is not bad enough, Intercontinental Exchange (ICE) / NYSE have also covered it up, as well as WWC’s violations of NYSE’s Rules / securities fraud. WWC is listed on the NYSE.

ICE and the NYSE have been committing overt acts in furtherance of Mastercard & VISA’s criminal enterprise associated with hidden fees paid by MC / VISA credit card Cardholders, never before litigated. The liability will bring down the NYSE and bankrupt both it and ICE. Lovern invites ICE and NYSE lawyers to try and dispute the allegations. ICE / NYSE lawyers, Jonathan Short and Liz King, are hiding. The 48 year old Mastercard / VISA conspiracy will destroy the stock market, as it includes banks “too big to fail.” [This time they fail].

This criminal enterprise has the ability to cause the stock market to crash. NO One should ignore this. The corruption on Wall Street connected to this is overwhelming.

Stay tuned.

 

USPS CAUGHT INTENTIONALLY VIOLATING U.S. CITIZENS / TAXPAYERS’ CONSTITUTIONAL RIGHTS, U.S. DOJ COVERING-UP

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UPDATE - JUNE 8, 2018

USPS refuses to stop allowing mail being delivered with no Postmark Date:

Our legal system, inclusive of the U.S. Code, is built around POSTMARK DATES, from the U.S. Supreme Court down. Postmark dates trigger legal obligations, sections of the U.S. Code included. The USPS has been allowing anyone, courts included, to have official mail delivered with no Postmark Date. The U.S. DOJ is covering this up. The President is unaware of it.

The USPS can be sued. Plaintiff Lawyers, have your way with them. If you need evidence, contact me.

 

MAY 14, 2018

The United States Postal Service (USPS) has been caught intentionally violating the constitutional rights of all U.S. Citizens / Taxpayers in an attempt to increase profits. The action of senior USPS Officials includes committing federal felonies. [18 U.S.C. Sec. 242]; AND, violating U.S. Supreme Court precedent.

The Postal Regulatory Commission (PRC) is covering-up, as are senior U.S. Department of Justice [U.S. DOJ] lawyers. The illegal conduct violates “due process” in association with the justice system. The conduct is outrageous and cannot be justified. USPS officials involved begins with the Postmaster General and goes all the way to the Inspector General (IG). This is also true at the PRC, Commissioners to IG.

Participating USPS Officials should be prosecuted.

Stay tuned.

 

FACEBOOK, ITS DIRECTORS, OFFICERS & LAWYERS IN SERIOUS TROUBLE – SECURITIES FRAUD THAT CAN BANKRUPT FACEBOOK

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UPDATE:   MAY 4, 2014

FACEBOOK’S LAWYERS / EXECUTIVES have ignored the strict liability lawsuit [no proof of damage requirement] sent to them. The securities lawsuit will bankrupt Facebook (FB) many times over. It has $648,000,000,000 in strict liability for every 1 million qualifying FB Shareholders. Investors beware.

April 18, 2018

Prescott Lovern, Sr. (Lovern) has delivered a securities lawsuit to Facebook that can actually bankrupt the corporation, its directors, officers & lawyers with no hurdles. Facebook is too arrogant, and their lawyers too incompetent, to understand just how much trouble they are in. Zuckerberg delivered the necessary “silver bullet” to take them down, and he didn’t even know he had done it, just like all the lawyers who have already sued them don’t know.

Lovern intends to start filing disciplinary complaints against Facebook’s lawyers, and he will start educating institutional investors to warn them about Facebook’s impending financial demise. Those 87 million victims can bring Facebook down like a lead balloon. Because management is so eat up with entitlement, Lovern feels they need to be put down financially, using the right lawsuit.

“I tried to help them” Lovern said, “but they are too damn impressed with themselves.” “You can’t help God, and they think they are God.”

This is going to be fun to watch.

 

 

 

BARCLAYS [BARC] CAUGHT COMMITTING FRAUD AGAIN. THIS TIME SECURITIES FRAUD

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UPDATE: APRIL 25, 2018 [FCA, Andrew Bailey, Theresa May being added to lawsuit in USA]

DUE to the unethical / illegal conduct of the Financial Conduct Authority (FCA) [cover-up of Barclays criminal enterprise], Prescott Lovern, Sr. has decided to add ANDREW BAILEY, FCA’s Chief Executive, for his role in Barclays securities fraud and criminal enterprise inside Barclaycard. [Foreign Corrupt Practices Act (USA)]. The lawsuit will be filed in Washington, D.C.

All the evidence was sent to Bailey, the FCA, and Prime Minister, and all they did was sweep it under the carpet. Andrew Bailey insists FCA has not ‘gone soft’ on misconduct.”  March 18, 2018. Mr. Bailey has a problem telling the truth. He better fix that before he gets on the witness stand in America. Americans are tired of being ripped-off by foreign banks whose regulators kiss their ring. Remember Mr. Bailey is a British Banker.

Stay tuned.

April 2, 2018

Prescott Lovern, Sr. (Lovern) has caught Barclays committing fraud again. This time securities fraud in the United States.

Barclays has just agreed to pay $2 billion for allegedly causing billions of dollars of losses to investors by engaging in a fraudulent scheme to sell residential mortgage-backed securities between 2005 and 2007, the U.S. Justice Department (DOJ) said last Thursday.

The department said the firm misled investors about the quality of the mortgage loans backing those deals and committed violations of mail fraud and bank fraud. According to the Justice Department’s statement, Barclays disputes the allegations.

Lovern says Barclays PLC filed an illegal 20-F on or about February 28, 2018 in the United States with the Securities & Exchange Commission (SEC), misleading investors to manipulate the market. Barclays could be facing strict liability of $378 billion for every 1 million qualifying Barclays’ Shareholders, making DOJ’s fine look like coffee money.

Like the DOJ case, Barclay’s management / directors are trying to cover-up the stock [20-F] fraud. The big difference is the securities fraud can easily bankrupt Barclays.

Stay tuned.

U.S. SUPREME COURT DECISION JUST PUBLISHED, PAVES WAY FOR STRICT LIABILITY SECURITIES LAWSUIT THAT WILL BANKRUPT BANK OF AMERICA

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March 22, 2018

Prescott Lovern, Sr. (Lovern) has been sitting on a private attorney general (PAG) securities lawsuit (S-lawsuit) for over a year waiting on the U.S. Supreme Court (SCOTUS) to issue an opinion that could have derailed the S-lawsuit. INSTEAD, the unanimous SCOTUS decision paves the way for the S-lawsuit, and it will bankrupt Bank of America (BOA) with strict liability, no proof of damage requirement.

The S-lawsuit is connected to Mastercard, Inc.’s and Visa, Inc.s racketeering enterprise. (PAG / RICO case). Federal Regulators [Federal Reserve, OCC & FDIC Safety & Soundness] have been covering this up for years, especially under Obama. FDIC Officials have reached out to Lovern telling him to contact the consumer relations group. How stupid is that? Other FDIC Officials want Lovern to talk to the very FDIC lawyers who have been covering this up. That’s how corrupt the FDIC is. Nothing has changed at the OCC. The President is unaware of what’s going on and Steve Mnuchin is intentionally keeping him in the dark. Mnuchin is trying to protect the banks.

The legal roadblocks are now gone thanks to SCOTUS. BOA can be bankrupted without filing the PAG / RICO case, only the securities case.

Other banks like Wells Fargo, Citibank, Chase [Jamie Dimon put on Notice], PNC et al can suffer the same fate as BOA, as wells as Mastercard, Inc. & Visa,Inc. No public stock PAG / RICO Defendant is out of reach including affinity partners like Carnival Corporation. The Chickens are coming home to roost.

Stay tuned.

EXXON MOBIL EXECUTIVES SANCTION ILLEGAL EXXON MOBIL SWEEPSTAKES, [NBA FINALS, DRIVE AWAY]; Plus, SECURITIES FRAUD

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March 20, 2018

Prescott Lovern, Sr. (Lovern) investigated two Exxon Mobil Sweepstakes. Every Fill-up is a Chance to Win Promotion [NBA FINALS]; and, 2) Mobil 1™ Earth Day Drive Away Sweepstakes (collectively “Sweepstakes”). Both are illegal. The websites being used to facilitate the Sweepstakes discriminate against the visually impaired [ADA violations]; plus,the method of entry violates “Equal Dignity.”

The Official Rules of the Sweepstakes violate, but not limited to, [Statutory Illegality]. Contracts that are contrary to statutory rights are considered void. [U.S. Supreme Court (SCOTUS) precedent]. A contract will be considered void when it requires one party to perform an act that is illegal. Both sets of Official Rules are also against public policy, and violate “equal protection.” Exxon Mobil lawyers are so arrogant they think they can do like California and not comply with federal laws.

ATTENTION INVESTORS: Several years back Exxon Mobil got rid of their affinity MasterCard because they were taking proceeds from a racketeering enterprise conspiracy (48 years old, still going on) being operated by Mastercard, Inc. & VISA, Inc. [Under Rex Tillerson's watch]. They are still liable for the other co-conspirators’ liability, which is trillions of dollars. Pretty soon the ____ is going to hit the fan, and as big as Exxon Mobil is, they can be bankrupted. Lovern controls the RICO / PAG lawsuit.

In addition, in their attempt to cover-up the PAG / RICO catastrophic liability, Exxon Mobil has committed massive securities fraud, which is based on SCOTUS binding precedent, known to the Officers, Directors & senior lawyers. INVESTORS SHOULD BE CAREFUL.

If Exxon Mobil’s lawyers want to challenge Lovern’s RICO Conspiracy claims they can meet with him and the F.B.I. any time.

Exxon Mobil may be big, but so was David’s Goliath.

Stay tuned.