Fraud Investigation & Control Knowledge Summit
Image by vm2827
Question by cargo pilot: Why Did President Obama Suspend the Voter Fraud Investigation of ACORN?
Best answer:
Answer by Talking to Idiots
Because someone told him to.
What do you think? Answer below!
Question by twilightfan823: What talent agency is real and not a scam?
Well on the radio station and at festivals I always see JPR and I know from research that it is a scam. So what acting agency is not a scam?
Best answer:
Answer by TruthTeller59
JRP, Barbizon, and John Casablancas are NOT agencies! They fool people into believeing they are. Agencies ONLY make money when YOU do. Legit agents take 10% from anything you make from film/tv and comercials and 20% from commercial print.
Look up LEGIT agencies here:
http://www.agentassociation.com/
http://www.sag.org/content/find-agent
To get an agent, you need to get GREAT headshots, a good resume, and training from the best. These are enough to get you a commercial agent at least. Getting a GOOD theatrical agent (Film/tv) takes longer. Most good theatrical agents won’t see you unless you’re SAG, have a polished resume, and a demo reel. Commercial agents are more lenient about that. What the best Commercial agents want to see on your resume are good commercial classes, improv, and cold reading.
You can get an agent multiple ways. Here are a few common ways:
-Mail in an unsealed manilla envelope with a CONCISE coverletter and headshot with the resume stapled on the back. If you have a demoreel include that too.
-Attend a showcase and impress them. By showcase I do not mean scammy conventions like IMTA, IPOP, Proscout, or Best New Talent. I mean legit ones like at Actor Connection, Reel pros, Network Studios, etc.
-Get a referral from a friend who is with the agency that you’re interested in
DON’T
-Email them unless they tell you to. IT’S UNPROFESSIONAL!
-Call unless they tell you to. ALSO UNPROFESSIONAL!
-Walk in and ask for a meeting. UNPROFESSIONAL THREE!
-Sign with them if they ask for upfront money, make you take new photos with THEIR photographer, or take THEIR classes. Agent’s ONLY make money when you do. Agents usually make 10% on film/tv and commercials and 20% on commercial print.
Sample Resume:
http://i707.photobucket.com/albums/ww80/ELDORADO59/scan0002.jpg
Avoiding BAD Headshots:
http://bbs.backstage.com/eve/forums/a/tpc/f/8011031/m/110106342
Add your own answer in the comments!
In his press conference of Monday 28 November , the prosecutor general and appointed boss of 3 billion USD fraud case , said that he is under pressure from some influentials who are trying to influence judges and derail the investigations , but add that te judiciary will continue investigation without taking care of such disturbances .
Video Rating: 3 / 5
Phoenix Police arrest a man on Fraudulent Schemes involving Boat Sales and The Tragic Collision on Carefree Highway makes the news.
IMVU Avatar Credit Fraud Alert For Company Of BUYIMVU.com Goldicq International Sales Ltd Share this video. So others don’t have their money stolen www.buyimvu.com Goldicq International Sales Ltd GoldicqCS@gmail.com
Video Rating: 5 / 5
Question by : What is foreclosure fraud and what causes it?
I just heard the term “fraudclosure” and wasn’t exactly sure what it meants. Is it really true that all 50 states have launched a joint investigation into mortgage fraud?
Best answer:
Answer by Edwin
Black’s Law Dictionary defines chicane as “swindling, shrewd cunning. The use of tricks and artifice” and artifice as “an ingenious contrivance or device of some kind, and, when used in a bad sense, it corresponds with trick or fraud. It implies craftiness and deceit, and imports some element of moral obliquity.”
Here’s what happened in it’s simplest form:
1) A homeowner took out a mortgage from a loan “originator”; the originator would have lined up a bank to purchase from the originator the loan along with a bunch of other loans from the same time period. Call this bank the “depositor”;
2) The depositor bank would enter into a “Pooling and Servicing Agreement” with a couple of other banks. The Agreement called for the creation of a Trust. One of the other banks in the Agreement would become the “trustee.”
3) The depositor bank was supposed to deposit the mortgages into the trust. Often MERS was designated as the virtual warehouse for the mortgages.
This was the first place that things broke down. At the time that the depositor bank bought the mortgages from the originator, it did not know where that particular loan was going to end up, so although it paid money for the mortgage it often did not have the originator sign it over to the depositor, instead waiting to find out where the loan was going to go and with the intention of signing it over later. This was because the mortgages often changed hands many times before the actual attempt to deposit was made. So all the bank got at the time it paid the money was a spreadsheet with a list of mortgages on it.
When the bank attempted to deposit the mortgages, all it gave to the trustee was the spreadsheet. The idea was to go back after the deposit was done and have the originator assign to the Trustee for the benefit of the trust. The problem was, either through laziness(cost savings) or because the originator went out of business before it could be done, the assignment never got done.
If the depositor never had title to the mortgages it paid for, than the depositor never validly deposited them into the trust. That means the trusts are empty. Which also means that the collections of mortgage payments made by the servicer for the trust, were made without any right to receive those payments.
It also means that the securities offerings for the Residential Mortgage Backed Securities backed by these trusts was a huge material misstatement in connection with the offering of securities and may face liability to the investors in those securities.
To cover up the failure to properly convey the mortgages, MERS and the Banks acting as servicers or the banks acting as trustees — it varies, let’s just say the “foreclosing entity” — gets a document mill to forge a backdated assignment or allonge, or produce a perjurious affidavit claiming that a chain of title exist and that the foreclosing entity has the right to foreclose.
Let’s review all the forms of fraud in this situation:
1) Securities sold to investors that claimed to be backed by a trust fund full of mortgages, but the trust funds were actually empty.
2) Payments taken in by servicers that they had no right to receive.
3) Counterfeiting documents to be used in court to cover up frauds (1) and (2); houses stolen by foreclosing entities that had no right to them, because the problem can’t actually be fixed.
This is not “sloppiness” and if David Axelrod and Shaun Donovan cannot see the difference, they are too stupid to be working for our president.
CitiGroup already had a conference call with its investors to alert them to how totally FUBAR the foreclosure crisis really is. Go read this excellent article by Dianna Olick, who appears to be the first MSM reporter to “get” it.
Know better? Leave your own answer in the comments!
