This state of Florida department of financial services fraud division submitted a sworn affidavit and admitted after its investigation that this transaction/deed was grand theft using a falsified deed and even arrested someone, then, the courts set a 200,000 bail on a man who would most likely be able to testify against the banker for her involvement adding more evidence to the large paper trail she already left behind. He complianed in his bankruptcy proceedings that no one ever even questioned him.
Everyone around here knows the bank is owned by a powerful city public official. A congressional inquiry was filed and the department of Justice offered to assist the local assistant state attoreny, but he refused noting i writing that "No bank employee would be arrested until the civil litigation has completed". That a duplication of efforts was a waste of resources. So they let the bank forclose against the fake deed IE "civil case"! The bank even listed the victims of the crime so as to wipe all of them from the title trial on the deed, to clean it of it's owner.
This may be unthinkable but true. How did the scam work?
The company applied for a refinance loan. The company was owned by two people.
A second and third company was created on the internet the day before the scam was completed by one of the owners and the first company's loan processor. According to the loan processor the one owner had come to her months before and asked her to help him get his money back out of the company, so she did, by deeding the entire restaurant property to the instant company in secret, and at the same time loaning the instant companys-note went to one company, the mortgage went to the second.
NOTHING went to the original borrower company who had only offered to pledge the assets if it was granted an agreed loan and terms. The actual financial ability of the first company was used to get the "funds" approved and then she just cut and pasted in a new company and acted as if the old company, it's entire licensed and inspected and legal restaurant operation was sustitutable! This screams out for justice. If one banker can manipulate the criminal justice system for one fake bank loan-that they would have to write off-, then what else can they control? 70 folks lost good jobs and the "civil" forclosure of this fake deed was like watching the king walk around with no clothes. God help America. Land that was not sold and belongs to the loan applicant!
Statutes 608.4226 state in matters of conflicts of interest-such as one owner wanting to tranfer anything from a company he owns part of to a company he owns all of-thereby inheriting 100% - no longer part -is illegal. Not only is it illegal-it didn't happen according to the law. The transaction is void. Without authority. False. It's like becuase this banker loan money it knew was wrong we should all feel sorry for it and just give it our restaurant... NO, would they do that for anyone... NO.
Why are the vicitms being left to prove they are victims, while the bank rolls over them with green lights and horns barreling down forclosure alley that opens up like the red sea for a banker? Unfair, preditory, and a big white elephant of corruption saddens me and all who believed that a small business owner's assets were safe in the hands of it's employees. I guess if the vicitms were not victimized they would have money to battle the bank in civil court until the bank runs out of money... Yea thats not gonna happen. Goliath is going to take possesion of that deed in aprox 45 days. Thats July 1st. Will anyone pick up the phone, the internet, www.clayclerk.org and look up First Guaranty Bank vrs Shafer Dev, LLC forclosure, notice they also added Coyotes, llc the owner.
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