Reflected below is the complaint filed with the Office of the Controller of the Currency ("OCC"), which has regulatory oversight over national banks. Although Paragon Commercial Bank is not a national bank, their malicious acts were coordinated with Wachovia Bank (now part of Wells Fargo), and carried out at the behest of Morgan Stanley, both of which are national banks.
Importantly, one of the primary mandates of the OCC is to regulate and supervise banks such that they operate in compliance with laws requiring fair treatment of their customers, which based on the 20 separate elements of foreclosure fraud and the filing of a 31-count indictment, Paragon did NOT do in any way, shape or form.
Notwithstanding, as reflected below, the OCC was provided particulars about what is arguably the worst bank foreclosure fraud in U.S. history on mortgage loans that were:
ALWAYS paid before the monthly due date
NEVER delinquent
NEVER in default, and in the case of Mr. Young's residence . . .
Reflected below are the complaints filed with the Federal Deposit Insurance Corporation, which has Federal regulatory oversight over Paragon Commercial Bank, whose mandate is to provide stability and public confidence over the U.S. banking system. Notwithstanding, as reflected below, the FDIC was provided particulars about what is arguably the worst bank foreclosure fraud in U.S. history on mortgage loans that were:
ALWAYS paid before the monthly due date
NEVER delinquent
NEVER in default, and in the case of Mr. Young's residence . . .
PAID-IN-FULL !!
. . . The FDIC did NOTHING Whatsoever !!
This alone suggests a profound level of corruption exists and MUST be addressed.
[Note: the 4th page of form was blank and therefore omitted here.]
The last phase in the Worst Bank Foreclosure Fraud in U.S. History entailed TWENTY separate elements of FRAUD on mortgage loans that were:
ALWAYS paid before the monthly due date
NEVER delinquent
NEVER in default
And with regard to Mr. Young residence in Chapel Hill, NC, the subject mortgage loan was PAID-IN-FULL on the day he was violently evicted by a SWAT team of corrupt cops.
The 20 Elements of Fraud Were Perpetrated By . . .
. . . At the behest of . . .
. . . to cover-up the FRESCA crimes of MorganStanleyGate
This entry covers . . .
FRAUD ELEMENT # 20
which involved . . . Undertaking Actions Intended To Cause Homelessness, Destitution and Death
The collective elements of FRAUD translated (by design) into unimaginable pain & suffering to Mr. Young and the members of his extended family, most of whom have relied on him for financial support for decades.
By absconding with all monies held in Mr. Young’s bank accounts, stealing his income producing properties, and FRAUDULENTLY depriving him of his only source of income, the Perpetrators have maliciously intended to cause homelessness, destitution and death. How so? Keep reading.
The Death of Maria Young Paragon Commercial Bank and Poyner & Spruill (the "Perpetrators") were fully knowledgeable that:
Maria Young (Mr. Young’s wife of 24 years) was FULLY dependent on Mr. Young for financial support;
Mr. Young’s financial support was necessary for her chemotherapy and radiation treatments for advanced pancreatic cancer;
The Perpetrators MALICIOUSLY deprived Mr. Young of his income through audacious BANK FORECLOSURE FRAUD;
Mr. Young was UNLAWFULLY deprived of income to pay for Maria’s cancer treatment; and
Together with the overwhelming stress caused by the dire circumstances thus created resulted in Maria’s death, which was broadcast on national TV throughout the Spring of 2011. See below video for one such example:
As a result, Leah had a nervous breakdown, estranged herself from Mr. Young, and has since pursued a truly bizarre life of crime and other deeply disturbing behavior, including the kidnapping of Jackson Young, whom Mr. Young has not seen since the UNLAWFUL FRAUDULENT EVICTION. This is UNACCEPTABLE and those responsible MUST be brought to justice. If you watch the videos below, you will understand this sense of OUTRAGE.
Profound Governmental Failure
And these HEINOUS CRIMES still came to pass because the MANY Federal, State and Local public officials whose specific roles and job responsibilities are to prevent such a horrific nightmare from happening had FAILED to act.
This is intolerable and inexcusable because it reflects how a dangerous cancer has been allowed to metastasize throughout a societal infrastructure that was established to protect against this. The status quo evidenced herein suggests this governmental oversight has not only FAILED, it has become a dastardly manifestation of Corporate (Bank) greed gone haywire and has an opposite pernicious effect on the public in general.
And It Was ALL FRAUD-Based
To be clear – there was NEVER a monetary loan default (and the overwhelming evidence throughout this and other affiliated websites proves this out) – and EVERYTHING associated with this unbelievable nightmare have been COMPLETE LIES and all FRAUDULENTLY concocted and orchestrated. And those whose specific mandate has been to protect the public against something as horrible as this FAILED miserably in the exercise of their duties -- either because they are CORRUPT or they are too fucking chicken to do anything about it.
John Mack of Morgan Stanley
What MUST Be Done
Well those days are over, because this, together with the whole God-damn MorganStanleyGate scandal MUST be EXPOSED and CORRECTED . . . and those responsible MUST be prosecuted to the FULLEST extent of the law. In other words, an example must be made of them . . . right up to Morgan Stanley Chairman of the Board John Mack and the astonishing number of prominent others in between.
Unintended Consequences
Importantly, Congress did NOT bail out Banks so they could defraud and persecute the taxpayers who bailed them out. Moreover, the corruption observed in this matter alone, suggests a threat to the integrity of the U.S. Justice System may exist.
The last phase in the Worst Bank Foreclosure Fraud in U.S. History entailed TWENTY separate elements of FRAUD on mortgage loans that were:
ALWAYS paid before the monthly due date
NEVER delinquent
NEVER in default
And with regard to Mr. Young residence in Chapel Hill, NC, the subject mortgage loan was PAID-IN-FULL on the day he was violently evicted by a SWAT team of corrupt cops.
The 20 Elements of Fraud Were Perpetrated By . . .
. . . At the behest of . . .
. . . to cover-up the FRESCA crimes of MorganStanleyGate
This entry covers . . .
FRAUD ELEMENT # 19
which involved . . . Grand Larceny Theft
Based the aforementioned instances of blatant CRIMINAL FRAUD, the Perpetrators committed MANY instances of GRAND LARCENY THEFT – here are three such examples:
Raided Bank Accounts – the Perpetrators raided all bank accounts owned by Mr. Young and his affiliated companies, and STOLE the funds held in those accounts;
Diverted Income – the Perpetrators wrongfully and FRAUDULENTLY diverted rental income that was rightfully due and payable to Mr. Young – and they did so with no legitimate basis whatsoever, and then proceeded to STEAL such funds for their own use; and
Stole Properties & Preponderance Of His Net Worth – the Perpetrators literally STOLE Mr. Young’s income-producing properties and his residence by holding illegitimate foreclosure sales predicated entirely on a maliciously orchestrated FRAUD, citing monetary defaults that NEVER occurred.
All of the above actions were FRAUDULENT CONVEYANCES, and therefore they are all null and void. Mr. Young will now aggressively seek to regain his rightful title, and send each of the identified perpetrators off to prison. Those representing Paragon Commercial Bank are: Bob Hatley (CEO); Jim Hoose; Martin Borden; and Matt Davis. Representing the law firm of Poyner & Spruill are Dan Cahill and David Warren, and representing the thoroughly corrupt Orange County (NC) arm of law enforcement: Sheriff Lindy Pendergrass and his thug "Major" Charles Blackwood. Collectively, these monsters represent an assault on American values are are the true scum of society -- their mug shots are reflected below.
Wanted For Grand Larceny
Bob Hatley Jim Hoose Dan Cahill David Warren
Martin Borden Matt Davis Lindy Pendergrass Charles Blackwood
Unintended Consequences
Importantly, Congress did NOT bail out Banks so they could defraud and persecute the taxpayers who bailed them out. Moreover, the corruption observed in this matter alone, suggests a threat to the integrity of the U.S. Justice System may exist.
The last phase in the Worst Bank Foreclosure Fraud in U.S. History entailed TWENTY separate elements of FRAUD on mortgage loans that were:
ALWAYS paid before the monthly due date
NEVER delinquent
NEVER in default
And with regard to Mr. Young residence in Chapel Hill, NC, the subject mortgage loan was PAID-IN-FULL on the day he was violently evicted by a SWAT team of corrupt cops.
The 20 Elements of Fraud Were Perpetrated By . . .
. . . At the behest of . . .
. . . to cover-up the FRESCA crimes of MorganStanleyGate
This entry covers . . .
FRAUD ELEMENT # 18
which involved . . . Carrying Out Illegitimate And Uncontested Foreclosure Sales
The reality is that there was NEVER a default, only a fantastic proliferation of LIES and pernicious acts of FRAUD by Paragon Commercial Bank and Poyner & Spruill (the "Perpetrators") directed against the interests of Mr. Young – ergo the notion of proceeding with foreclosure sales of the subject collateral properties had no validity whatsoever, so the UNLAWFUL, UNCONTESTED and thoroughly BOGUS foreclosure sales were nothing more than FRAUDULENT CONVEYANCES.
Theft of Residence
With regard to Mr. Young’s condominium residence (owned by one of Mr. Young’s limited liability companies, for tax purposes) he was left with no option but to have that entity file a Chapter 11 bankruptcy petition for relief, to which the Perpetrators immediately responded with a motion to dismiss, knowing they would continue to prevent his engaging legal counsel, and get his case dismissed, so they could steal the property even though the subject mortgage had been PAID-IN-FULL !! . . . and this is EXACTLY what happened.
Corruption & Sabotage
After again being UNLAWFULLY prevented from engaging legal representation, Mr. Young called the Middle District Bankruptcy Court in Greensboro, and advised he would be filing a petition pro se, which would have stopped the fraudulent sale of October 29, 2009 (which he learned of on October 30). This would have availed another couple months to engage legal counsel or otherwise alert the authorities to the audacious bank foreclosure fraud, but when he got into his car to do so on Nov. 9, 2009, (which was the deadline to stop the sale) his car was mysteriously rendered inoperable (see pictures below, including his toddler son, Jackson, whom he was caring for that day(1), and Court Clerk Reid Wilcox refused to accept the filing by fax to meet the deadline (with delivery of the originals the following day), nor accept payment the filing fee by credit card. The level of corruption involved in this matter is beyond anyone imagination.
Jackson Seated for Trip Car Not Operable Car Being Towed
Something is Very Wrong Here
What is noteworthy is that Reid Wilcox was clearly involved in this instance of corruption, and has a son who is Jackson's age. Yes, it appears North Carolina is one big kakistocracy over-run by corruption, and Reid Wilcox is yet another pathetic example. Mr. Young has not seen his son Jackson since the fraudulent foreclosure eviction on Feb. 2, 2012, and yet Mr. Wilcox sees his son every day . . . there is something VERY WRONG with this scenario.
Reid Wilcox Reid Wilcox' son
Unintended Consequences Importantly, Congress did NOT bail out Banks so they could defraud and persecute the taxpayers who bailed them out. Moreover, the corruption observed in this matter alone, suggests a threat to the integrity of the U.S. Justice System may exist.
______________
(1) This fact is relevant because Mr. Young's fiancee, Leah Krier was out of town on that day, and therefore Mr. Young's other car was not available, as it was parked somewhere at RDU airport.
The last phase in the Worst Bank Foreclosure Fraud in U.S. History entailed TWENTY separate elements of FRAUD on mortgage loans that were:
ALWAYS paid before the monthly due date
NEVER delinquent
NEVER in default
And with regard to Mr. Young residence in Chapel Hill, NC, the subject mortgage loan was PAID-IN-FULL on the day he was violently evicted by a SWAT team of corrupt cops.
The 20 Elements of Fraud Were Perpetrated By . . .
. . . At the behest of . . .
. . . to cover-up the FRESCA crimes of MorganStanleyGate
This entry covers . . .
FRAUD ELEMENT # 17
which involved . . . Orchestrated "Kangaroo" Court Proceedings
In the rare instance where a continuance was granted, the extension of time was so dramatically cut back from that which was requested, it served the same purpose as a denial. At the hearings presided by Carl Fox and James Stanford, Mr. Young went on the record to declare the entire series of hearings to be KANGAROO PROCEEDINGS, a complete SHAM, and the byproduct of EXTENSIVE CORRUPTION.
In Wake County, Judge Carl Fox denied Mr. Young’s motion for sufficient additional time to engage legal counsel, and denied Mr. Young the opportunity to present obvious and irrefutable evidence that the subject loans were NOT in default, and prima facie proof that Paragon Commercial Bank, in collaboration with Poyner & Spruill had committed CRIMINAL FRAUD
Judge Carl Fox Court Clerk James Stanford
In Orange County, Mr. Young was granted no motion for continuance by Orange County Court Clerk James Stanford concerning his condominium residence, but allowed to represent his corporation for reasons the presiding clerk (James Stanford) would not articulate. However, when availed the opportunity to present the evidence of FRAUD, chronic “objections” were ALWAYS “sustained” with no basis articulated as to why, thereby yielding same effect as not allowing Mr. Young to represent his interests.
This was a complete disgrace of the U.S. System of Justice and an abomination of Mr. Young’s civil and constitutional rights.
Importantly, Congress did NOT bail out Banks so they could defraud and persecute the taxpayers who bailed them out. Moreover, the corruption observed in this matter alone, suggests a threat to the integrity of the U.S. Justice System may exist.
The last phase in the Worst Bank Foreclosure Fraud in U.S. History entailed TWENTY separate elements of FRAUD on mortgage loans that were:
ALWAYS paid before the monthly due date
NEVER delinquent
NEVER in default
And with regard to Mr. Young residence in Chapel Hill, NC, the subject mortgage loan was PAID-IN-FULL on the day he was violently evicted by a SWAT team of corrupt cops.
The 20 Elements of Fraud Were Perpetrated By . . .
. . . At the behest of . . .
. . . to cover-up the FRESCA crimes of MorganStanleyGate
This entry covers . . .
FRAUD ELEMENT # 16
which involved . . . Denying Reasonable Requests For Adequate Time To Engage Counsel
Denial of Right to Legal Due Process
In each instance, Mr. Young recounted how one attorney after the other who was engaged, ended up resigning for unspecified or entirely spurious reasons. Moreover, Mr. Young waxed eloquent of his extensive discussions with many other prospective attorneys, which were also fruitless, because Mr. Young learned there were counterparties linked to Paragon Commercial Bank and Poyner & Spruill (the "Perpetrators") who were actively getting the word out that anyone who represented Mr. Young and his interests would suffer unspecified dire consequences.
Widespread Corruption
And what struck Mr. Young as especially odd, was while Paragon Commercial Bank aggressively pursued their FRAUDULENT foreclosures on his many North Carolina real estate investments, no assistance or guidance whatsoever was ever availed to Mr. Young concerning how to address or otherwise overcome the Perpetrator’s deliberate denial of Mr. Young’s rights to legal representation and due process. Moreover, the NC State Bar provided no assistance whatsoever, despite diligent attempts to engage their assistance through Luella Crane, who is the Director of Attorney/Client Assistance at the North Carolina State Bar. Mr. Young also received a disturbing run-around from the NC Dept of Justice, suggesting the level of corruption is downright scary.
Unintended Consequences
Importantly, Congress did NOT bail out Banks so they could defraud and persecute the taxpayers who bailed them out. Moreover, the corruption observed in this matter alone, suggests a threat to the integrity of the U.S. Justice System may exist.
The last phase in the Worst Bank Foreclosure Fraud in U.S. History entailed TWENTY separate elements of FRAUD on mortgage loans that were:
ALWAYS paid before the monthly due date
NEVER delinquent
NEVER in default
And with regard to Mr. Young residence in Chapel Hill, NC, the subject mortgage loan was PAID-IN-FULL on the day he was violently evicted by a SWAT team of corrupt cops.
The 20 Elements of Fraud Were Perpetrated By . . .
. . . At the behest of . . .
. . . to cover-up the FRESCA crimes of MorganStanleyGate
This entry covers . . .
FRAUD ELEMENT # 15
which involved . . . Secretly Accelerating the FRAUD- Induced Appointment of a Receiver
Jim Hoose
Paragon Commercial Bank and Poyner & Spruill (the "Perpetrators")were never required to prove there was a default -- rather all foreclosure actions they had undertaken were based solely on equivocations and bold-faced lies contained in an affidavit submitted by Jim Hoose of Paragon Commercial Bank – with absolutely no burden whatsoever of having to prove there was in fact a default. This was patently preposterous and entirely abusive.
The Dastardly Plan
And since all of the subject loans were made to corporations, and Mr. Young was denied his rights to engage legal counsel, the bogus assertions by the Perpetrators could not be challenged. And even though Mr. Young had in his possession evidence contained herein and in the Exhibits, that proved there was NEVER a default and that ALL legal actions undertaken by the Perpetrators were predicated on an audacious CRIMINAL FRAUD, the Perpetrators were allowed to aggressively proceed with their entirely FRAUDULENT foreclosures uncontested.
The Crooked Judges Involved
These facts were brought to the attention of Wake County Judge Carl Fox, Orange County Court Clerk James Stanford, and Wake County Judge Donald Stephens, and in each case, their response indicated their ethics had been severely compromised, and behaved in thoroughly corrupt manner – and there is something terribly wrong with this. Fox knowingly presided over the fraudulent appointment of a receiver, Stanford knowingly presided over most of the fraudulent foreclosures, and Stephens colluded with Poyner & Spruill to grant an absurd ex parte motion. Details are reflected in the documents listed below, and accessible via hyperlink.
Carl Fox James Stanford Donald Stephens
Moreover, Poyner & Spruill held a secretive hearing with Justice Donald Stephens without Mr. Young’s knowledge to grant an uncontested motion to accelerate a hearing to appoint a Receiver, and deliberately delayed Mr. Young’s receipt of this highly questionable and grossly inequitable ruling. And under the circumstances there was no need for something that is typically reserved for situations where a child’s welfare is endangered.
Those Responsible Are As Evil As Evil Can Be
These actions were entirely FRAUDULENT and had UNLAWFULLY intercepted ALL of Mr. Young's income, thus knowingly preventing him from funding critically necessary cancer treatments for his wife of 24 years (Refer to national television coverage on Maria Young's passing in the below video), who passed away two years later. This also gave his adult sons the impression Mr. Young had deliberately abandoned them financially -- as a result, they have estranged themselves from him.
These documents show how Paragon and Poyner & Spruill collaborated with judges to accelerate the appointment of a Receiver without ever having to prove there was in fact a default on the subject notes while denying Mr. Young from presenting evidence that show all proceedings to be a FRAUD.
Importantly, Congress did NOT bail out Banks so they could defraud and persecute the taxpayers who bailed them out. Moreover, the corruption observed in this matter alone, suggests a threat to the integrity of the U.S. Justice System may exist.
