Saturday, March 12, 2011

‘Anonymous’ to Release Docs Proving Bank of America Fraud

‘Anonymous’ to Release Docs Proving Bank of America Fraud

Hacker Collective Anonymous To Release Documents Proving Bank Of America Committed Fraud This Monday

Tyler Durden
Zero Hedge
Saturday, March 12, 2011

After Julian Assange crashed and burned in his threat to release documents that expose fraud at Bank of America, many thought he had been only bluffing, and that BofA is actually clean. Not so fast. A member of the hacker collective Anonymous, which single-handedly destroyed “hacker defense” firm HB Gary, who goes under the handle OperationLeakS “is claiming to be have emails and documents which prove “fraud” was committed by Bank of America employees, and the group says it’ll release them on Monday” reports Gawker. As to the contents of the possible disclosure: “”He Just told me he have GMAC emails showing BoA order to mix loan numbers to not match it’s Documents. to foreclose on Americans.. Shame.” If indeed this makes the case against BofA’ foreclosure practices stronger, it certainly explains why the banking consortium is scrambling to arrange a settlement, and also why Bank of America recently split off its $2 trillion in mortgages into “good bank” and “bad bank” entities.

As a “teaser”, the Anonymous member released a November 1, 2010 email between two Balboa Insurance (a BAC subsidiary) employees, which while not proving any fraud, indicates he/she does indeed have access. The timeline on the email makes sense as it is a few weeks prior to the original disclosure that Wikileaks would expose BofA. Perhaps the Assange team merely handed off its materials to Anonymous, which has previously demonstrated its solidarity with the Australian on various occasions.

Read the rest of the article and the letters.

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