Friday, February 25, 2011

PROJECT A-3: Foreclosure Fraud-Related Claims Against Paragon Commercial Bank

About This Project

Significance: If U.S. Banks were allowed to fraudulently foreclose UNCONTESTED (by denying legal representation) on mortgages that were: (1) NEVER late; (2) NOT delinquent; and in one case, (3) PAID-IN-FULL, and then be allowed to wantonly throw families out on the street, the consequences would be dire.

Criminal Indictments Filed:  Fraud, racketeering, sabotage, corruption, grand larceny, defamation, assault, and attempted murder

Civil Claims:  Compensatory damages, punitive damages, special damages, speculative damages and general damages for pain-suffering-and-loss-of-amenity, including loss of companionship, loss of reputation, loss of consortium and loss of enjoyment of life 

Estimated Claim Amount: $200 million +  Note: Awards or settlement amounts received in excess of net worth prior to this fraud, will fund a charitable foundation whose mandate will be (among other things) to support and protect others victimized by bank foreclosure fraud.

Pertaining to:  The fraudulent foreclosures of The Pit Stop of Durham, Meadowmont Village Condo of Chapel Hill and land parcels associated with The Courtyard of Chapel Hill , as well as associated instances of fraud, racketeering, sabotage, corruption, grand larceny, defamation, assault, and attempted murder.

Those to be named as defendants include:
  1. Paragon Commercial Bank -- Those to be specifically named include the banking institution, its board of directors (joint & severally), CEO Robert C. Hatley, Senior Vice President James W. Hoose, Chief Credit Officer Matthew Davis, and Senior Vice President Martin C. Borden, and Senior Vice President Michael Story.
  2. Poyner & Spruill -- Those to be named include the law firm, the management committee (jointly & severally), and attorneys David M. Warren and Daniel Cahill
  3. Orange County -- Those contemplated to be named are: Lindy Pendergrass -- Sheriff of Orange County; Charles Blackwood - Major/Deputy Sheriff of Orange County; J.C. Clayton - Deputy Sheriff of Orange County; James Stanford - Court Clerk for Orange County; and Gregory Stephens - Magistrate for Orange County.
  4. The Town of Chapel Hill -- Those contemplated to be named include: Maggie Bowers - Staff Employee for The Town of Chapel Hill; Kevin Foy - Former Mayor of the Town of Chapel Hill; Terri Gail - In-house Attorney for the Chapel Hill Police Department; Ralph Karpinos - Town Attorney for The Town of Chapel Hill; Gene Poveromo - Planning Dept. Staff Member for The Town of Chapel Hill; Roger Stancil - Town Manager for The Town of Chapel Hill; Bill Strom - Former Mayor Pro Tem of The Town of Chapel Hill; and other select members of the Chapel Hill Town Council, based on the findings of criminal investigations.
Evidence supporting these claims can be accessed at these hyper-links:

Project Objectives
  1. Civil Claims -- Prosecute civil claims against the contemplated defendants noted above, and obtain award or settlement for $50 million +
  2. Criminal Investigations -- finesse commencement by the FBI and SBI
  3. Regulatory Investigations -- instigate investigations by the FDIC and the North Carolina Banking Commission

Monday, February 14, 2011

Viacom Involvement In This Scandal?

The below emails were exchanged with an in-house attorney at Viacom.  The baselessness and absurdity of the rationale behind their decision to remove an innocuous video on YouTube cannot be over-emphasized, and may be indicative of an unsavory agenda of some wayward employees at Viacom or YouTube (which is owned by Google), who may be linked with the extensive cover-up efforts in MorganStanleyGate.

As noted below, I was tipped off this ridiculous decision was to be used as a precedent and basis to disable ALL of my videos on YouTube, most of which are being used in my activism efforts to resolve and reverse the effects of MorganStanleyGate in New York and North Carolina.

-----Original Message-----
From: Spencer C. Young <>
To: Michael.Housley <>
Cc: directors <>; michael.fricklas <>; copyright <>; paul <>; shahien <>; LeatherSleeves <>; investor.relations <>; jcpenner <>; nonmanagementdirectors <>; nnuciforo <>
Sent: Mon, Feb 14, 2011 4:22 am
Subject: I Respectfully Request a Response (To Rule Out Viacom's Involvement in MorganStanleyGate) 

To:  Michael Housley -- Legal Dept.  - Viacom International 

I never received a response to my January 19 e-mail (see below), and by so doing, you are needlessly escalating a pedestrian matter, predicated on baseless and irrational assertions, and thereby potentially implicating Viacom in a scandal it will want no part of.  And by ignoring the seriousness of this, you are underestimating my resolve, and you would appear oddly culpable in an association with criminal activities including: fraud, racketeering, extortion, sabotage, corruption, and other unlawful abuses.  

This is very simple to resolve -- you need to do one of the two things:
(1) Reinstate my YouTube video featuring Demetri Martin; or 
(2) Remove the other 1,330 "unauthorized" Demetri Martin Youtube videos that have been up and operational for three years or more and have had 157 million hits (evidence attached with other relevant documents), and not one of them is being used in activism cause, which is one of the specific exclusions allowed under copyright law.  

As you well know, the subject video is being used in an activism initiative, yet you disabled it within a few hours of upload (on New Year's Eve no less) and removed it altogether in less than 24 hours, after this video received only a few "hits" (or views).  Such bombastic irrationality indicates a hidden agenda -- unfortunately yours may be especially unsavory -- please demonstrate by your actions that this is not the case, and simply reinstate the subject video on YouTube.

Otherwise, by removing the 1,330 Demetri Martin video clips, I surmise you will experience a profound uproar from the YouTube community, as well as those at Viacom who understand the value of this common sense form of free advertising.  

And ignoring this is NOT an option, for I was tipped off that this absurd action was to be used as a cited precedent to disable ALL of my videos on YouTube, in order to assist in the cover-up of the MorganStanleyGate scandal, (as these videos will play a role in resolving this scandal).

I'll call you later this afternoon, so that we may amicably wrap this up -- but please know that I will require a written response (via email) on the final resolution of this matter.



-----Original Message-----
From: Spencer C. Young
To: Michael.Housley
Cc: Google Chief Legal Officer, Viacom Chief Legal Officer, Google Board of Directors, Demetri Martin, Demetri Martin's Agent, Viacom Board of Directors, Google's Director of Investor Relations, Viacom's Director of Investor Relations, Google's Copyright Dept., NBC News
Bcc: Selected national news reporters
Sent: Wed, Jan 19, 2011 6:03 pm
Subject: Clip of Comedy Central's "Important Things with Demetri Martin"
To:  Michael Housley -- Viacom International

Michael --

Thank you for your response; however, you skirted the most important points raised -- to wit:

(1) the precedent set by the 1,330 instances of "unauthorized" Demetri Martin video clips on You Tube;

(2) of these "infractions", 242 video clips are DIRECT recordings of his Viacom Comedy Central broadcasts;

(3) of these 242 clips, many have had over 1,000,000 views, and some have been fully operational on YouTube for 3 years -- what happened to your automated monitoring system in those instances?

(4) You haven't addressed the "fair use" exclusion in copyright law, the parameters of which the video clip in question ABSOLUTELY qualifies for -- and its qualifications far exceed ANY of the aforementioned 242 clips, for as you observed first hand, it was utilized for instructional purposes in an educational self-help blog, which has links to 11 affiliated sites all of which are activist related and each serve a specific purpose in the resolution of the MorganStanleyGate scandal, which is about to blow wide open. In locking horns with me, am I to surmise Viacom supports criminal activities such as bank foreclosure fraud, racketeering, extortion, sabotage, corruption and assassinations?  Please visit for more on this.

5) You also haven't addressed the most common sense oriented point of all: none of the aforesaid 242 video clips were modified to provide attribution to the artist, nor the producer -- while my video clip was modified to specifically ADVERTISE Demetri's show on Comedy Central -- that's called free advertising. You don't need a business degree to realize Viacom benefits from this, and they are certainly not damaged in any way. Moreover, taking into account the time expended to challenge an innocuous video that received 2 views is patently absurd from an economic vantage point.

So then why am I doing so? I covered that in my prior communique . . . and if you haven't done so (it doesn't appear you have), you should read it (especially the attachments). But realize this, you've already stepped into "trap" with BOTH feet, and in so doing, you provided far more ammunition than I ever expected.  So if you wish to defend an indefensible position, so be it . . . for doing so only inures to my benefit, and may end up implicating Viacom in a scandal it will want no part of, while further confirming I'm onto something big.  Either way, in Wall St. parlance, "I'm hedged"

The ball's in your court . . . and in responding, please operate within the realm of the truth and rationality because its clear you failed to do so in your prior transmittal (reproduced below). One last point, the video which aptly conveys why I will be unrelenting in this otherwise pedestrian matter is found at:  And be sure to copy those I've included here -- I'll take care of forwarding your response to the news organizations and others who have been blind copied.  Most importantly, thank you for helping me get the word out on MorganStanleyGate.

Many thanks,


P.S.  Is it merely coincidental you are located only a block away from Morgan Stanley's headquarters?

From: "Housley, Michael" 
Date: Wed, 19 Jan 2011 14:50:49 -0500
Subject: Clip of Comedy Central's "Important Things with Demetri Martin"

Hello Mr. Young,
Your email concerning the following YouTube video was forwarded to my attention. 
Title: How to Handle a Demanding Client . . . NOT - Demetri Martin - Spencer C. Young
Our records indicate that this video was blocked by YouTube's automated filter because the video matched content from Comedy Central's "Important Things with Demetri Martin".
Viacom has a strong interest in protecting its intellectual property rights.  We do so through ongoing enforcement efforts and by making our content accessible across a variety of authorized platforms.
We note that your WordPress blog ( is using an unauthorized embedded player to host the same video content.  This content is available for authorized embedding via  For your convenience, the URL and embed code are provided below.  You should replace your unauthorized video with the authorized player to avoid further takedown notices.
Please feel free to reach me if you have any questions.
Thank you,
Michael Housley
Manager -- Legal Dept.
Viacom, Inc.
1515 Broadway
New York, NY 10036 

Authorized Embed Code:
<table style='font:11px arial; color:#333; background-color:#f5f5f5' cellpadding='0' cellspacing='0' width='360' height='353'><tbody><tr style='background-color:#e5e5e5' valign='middle'><td style='padding:2px 1px 0px 5px;'><a target='_blank' style='color:#333; text-decoration:none; font-weight:bold;' href=''>Important Things with Demetri Martin</a></td><td style='padding:2px 5px 0px 5px; text-align:right; font-weight:bold;'></td></tr><tr style='height:14px;' valign='middle'><td style='padding:2px 1px 0px 5px;' colspan='2'><a target='_blank' style='color:#333; text-decoration:none; font-weight:bold;' href=''>Lines - Conference Call</a></td></tr><tr style='height:14px; background-color:#353535' valign='middle'><td colspan='2' style='padding:2px 5px 0px 5px; width:360px; overflow:hidden; text-align:right'><a target='_blank' style='color:#96deff; text-decoration:none; font-weight:bold;' href=''></a></td></tr><tr valign='middle'><td style='padding:0px;' colspan='2'><embed style='display:block' src='' width='360' height='301' type='application/x-shockwave-flash' wmode='window' allowFullscreen='true' flashvars='autoPlay=false' allowscriptaccess='always' allownetworking='all' bgcolor='#000000'></embed></td></tr><tr style='height:18px;' valign='middle'><td style='padding:0px;' colspan='2'><table style='margin:0px; text-align:center' cellpadding='0' cellspacing='0' width='100%' height='100%'><tr valign='middle'><td style='padding:3px; width:33%;'><a target='_blank' style='font:10px arial; color:#333; text-decoration:none;' href=''>Funny Jokes</a></td><td style='padding:3px; width:33%;'><a target='_blank' style='font:10px arial; color:#333; text-decoration:none;' href=''>It's Always Sunny in Philadelphia</a></td><td style='padding:3px; w

Request For ACLU's Involvement

The below email was sent Feb 13, 2011 in response to a request by Mr. Anthony Romero, Executive Director of the American Civil Liberties Union ("ACLU")  to rejoin the ACLU and pledge my financial support.  As noted in the body of the message, I reiterate my request for his involvement, and have copied many family members who have been negatively impacted by the effects of MorganStanleyGate.

To: Anthony Romero (



Date: Sun, 13 Feb 2011 13:46:42 +0000

My Reply To Anthony Romero of the ACLU: Once You Respond to the Bank Foreclosure Fraud and The Assault on American Civil Liberties in the MorganStanleyGate scandal, . .

. . . and embrace a heretofore unreported element of the "Foreclosure-gate" scandal currently gripping the nation, I'll consider rejoining and supporting the ACLU.

I ask you to visit my websites for the particulars -- presents the "big picture" and has details (along with hyperlinked access to over 700 pages of overwhelming evidence) of 20 separate elements of fraud, and 31 criminal and civil counts against a commercial bank, including the fraudulent foreclosure on a mortgage that was:
       - NEVER late
       - NOT delinquent; and
       - PAID-IN-FULL !!!

. . . And the foreclosure(s) proceeded UNCONTESTED because I was denied legal counsel, and the level of corruption that emerged to manifest this was mind-boggling . . . however, as you well know, NO ONE is above the law, and I'm launching my counter-offensive NOW with precision, and in a multi-faceted manner . . . And the ACLU represents an important prong in this strategy.

THIS is an issue the ACLU's attorneys need to "sink their teeth into", if there ever was one. . . And WE need YOU to GET INVOLVED and ACT this time . . . for the family members who rely on me for financial support are suffering terribly, because I've been deprived a livelihood that was regularly 7 figures, and an elaborate grand larceny via fraudulent foreclosures robbed me of $47 million -- and my websites document this in court filings on cases that WERE NEVER HEARD . . . Can you say "denial of due process"? And there have been so many other transgressions involved, I had to come up with an acronym because of frequent reference to these crimes -- "FRESCA".

I am also going to post this inculcated request on one of my blogs:, so the ACLU's responsiveness can be monitored as a matter of public record.

Note to those family members copied herein: Anthony Romero is one of the top senior executives of The American Civil Liberties Union, and had he responded when I first advised him of the bank foreclosure frauds, we would have never endured our current nightmare . . . for he is a very powerful and influential leader. So this is an ideal opportunity for redemption.

Anthony, I've always enjoyed your enthusiastic visits on the Colbert Report, but when you went on and on about Guantanamo Bay detainee rights and said nothing about domestic bank foreclosure fraud, it struck me that the ACLU's priorities might be askew. 

It's now time to reveal and cogently address a NEW element of "Foreclosure-gate", and having closed $32 billion in CMBS originations and securitizations during my tenure on Wall St., I can recite chapter and verse on things that have NOT been exposed before. 

These pertain to banking abuses on the COMMERCIAL mortgage side. And due to my Wall St. background (see for details), and first hand experience as the target of such wrath, I may have unwittingly become the world's foremost expert in this area. 

If you wish to speak further about this, I can be reached at 919-357-2844. For an understanding of what I am about philosophically and as a person, please visit, where I reveal the answer, and dare ANYONE to challenge me on it.



Thursday, February 3, 2011

Request to End Estrangement

The email below was sent earlier today by Mr. Young to his extended family, and reveals some of the devastating dysfunction MorganStanleyGate has brought to them, as well as his commitment to end this sad manifestation.
This transmittal is being sent to those I consider "My Extended Family" (recognizing many no longer feel likewise), while blind copying select others who know at least one of them very well, along with the following "from-the-heart" request to those copied:
 May I indulge you to:
1. Please forward this email to those YOU personally know in the address line; and
2. Replace the "Subject:" line with "You Should Probably Read This", or "I Was Asked To Be Sure You Read This"

Otherwise, I'm afraid it will be deleted unread. Hopefully the contents will reveal why it is important this message be delivered and understood, as well as why I make this unorthodox request. Notwithstanding, if you have time to view
30 second YouTube video (by
clicking here), you may conclude this is merely a creative means to a rational end of a most irrational situation.
For Additional Context: click here:
For More About Me: click here


To:  My Extended Family

I thought it would be timely to circulate pictures of paintings most recently completed by my sons' other Grandmother (a/k/a "Mee-Ma").  Although much has been said about my older sons' (Michael, Kevin & Ryan) estrangement from me, and my not having been able to see Jackson now for a year (that's more than one-third of his life), it bears reminding these deeply painful periods of emotional emptiness are as long, if not longer, for their Mee-Ma.  Especially since she bears no culpability for what's happened, and therefore should not be punished in such a hurtful manner. . . . . and the same holds true for my sister Denise.  So if you must affix blame and direct your retribution for what's happened to US, then I'm your MAN.  

I know what needs to be done to "right  this boat", and have begun executing meticulously developed plans to do so.  As I put the finishing touches on the dozen websites launched, you may finally begin to see how each serves a specific purpose, and why I'm confident in bringing this to a decisive and positive resolution .  And I've been reaching out for your support and understanding so this debilitating estrangement that's set it will not be used to retard my efforts. However, I've come to realize many of you have suffered too much for too long to realistically enlist your moral support at this point.  So I can only express how sorry I am you have had your lives upended as they have.
Equine Bliss
by Edna May Young
Although impacted by events I NEVER imagined could occur in America, and had undertaken prudent action every step of the way that should have arrested this horrible manifestation long ago, I accept FULL responsibility for it, and will let my actions demonstrate my resolve, and the results reinstate your confidence in me . . . for that is the only chance I have to regain what was materialistically taken and the three things I cherish most: You, your love and your respect.  I have been the patriarch of a family that has been well-provided for, for over two decades, and had built (not inherited) a level of wealth that allowed me to provide well for my loved ones, and I'm focused on regaining what was stolen and reassuming that role as quickly as possible.

The Promise of Tomorrow
By Edna May Young

In sharing these works of art, I would like them to serve as a reminder that ALL FOUR of my sons have an "Other Grandma" who is not merely a vastly talented artist, but someone who holds much love for each of her grandsons, and I am sorry I have somehow tainted your feelings toward her (as well as my sister), and ask you to reconsider.   And I invite you to experience (or re-experience) the video montage of just some of Mee-Ma's other works of art at . . . for if nothing else, this should lift your spirits.



Wednesday, February 2, 2011

Three Mysterious Emails


On three consecutive days of November 25-27, 2009 (Thanksgiving Day, and the days before and after),  disturbing e-mails were sent by an anonymous person to Spencer C. Young, his mother (Edna May Young), sister (Denise Vallarino) and fiancee' (Leah Krier).

Where The Emails Came From
The e-mails originated from a dial-up internet connection at a farmhouse located 25 miles northwest of Wichita, Kansas.  The address is 8652 NW 120th St.  Potwin, KS 67123, and is owned by Joyce M. Taylor, who received title in April 2009 from the Thelma Vogelman Living Trust.  Shortly after receiving title, Ms. Taylor recorded "Transfer on Death" deeds, which will bequeath ownership to Fred Whitmore and Mary Ann Mercado.  Others who may have information about these mysterious emails are Mr. Whitmore's sisters: Lacey YordyTeresa Rooding and Venissa Whitmore.  The associated evidence can be accessed by clicking here.

The "$64,000" Question
Why would someone Mr. Young does not know, suddenly take a keen interest in him, and send false, malicious and personally disparaging emails to his mother, sister and fiancee' from a farmhouse in rural Kansas over the Thanksgiving Holiday in 2009, and then communicate no further? (Note: Mr. Young is from New York and a resident of North Carolina, and as the subject evidence shows, the emails were written in a manner that would suggest the author knew Mr. Young's mother, sister and fiancee' personally.)

How You Can Help
If you know any of the people listed below, please post a comment and/or send an e-mail to:  Thank you.

  • Fred Whitmore
  • Joyce M. Taylor
  • Mary Ann Mercado
  • Lacey Yordy
  • Teresa Rooding
  • Venissa Whitmore
  • Thelma Vogelman