Inman is reporting that the Dorean Group, a California based outfit claiming to be able to help consumers eliminate their mortgage debt, has run into trouble and at least one of its owners is in jail.
KRON 4 of San Francisco reports that one of the company's principals, Dale Scott Heineman is behind bars and that Utah authorities are looking for his partner, Kurt F. Johnson.
"Both men are being charged with numerous felonies including racketeering, communications fraud, theft and conspiracy," according to the news report.
Here's an attorney's opinion of the mortgage elimination scam.
The FBI, The Federal Reserve System and Office of Comptroller of Currency have all alerted the
banking, lending and mortgage industries to the unscrupulous and deceptive practices of the programs. The alerts
are available at:
http://www.fbi.gov/page2/dec03/fraud120803.htm
http://www.hud.gov/utilities/intercept.cfm?http://www.occ.tr…
http://www.federalreserve.gov/boarddocs/SRLETTERS/2004/sr040…
1. I understand this site is supposed to be based upon the opinion of an attorney. It seems all panic, anxiety and negative statements that are being published about mortgage elimination is based upon opinion and not upon law.
What the Dorean group did or has not done does not change the true facts that the mortgage lending system is totally based upon fraud and misconceptions. If people were allowed to hear the truth instead of opinions, then the general public could better understand how the banks involve you into their constructive forgery, fictitious consideration, inequity, des-equity and fraud in factum.
Legal mortgage elimination was first proven in US courts in 1968 and is now being discovered by thousands of people, which soon with be millions. The Fed. Res. does not like this. The mega banks that are regularly being proven of fraud, money laundering, claiming "discharged" and "charge-off" accounts as assets are panicing as well.
So what do the schemers do to prevent the public from having free access to the truth of law? They are buying stock in search engines to attempt to control the media just as they have done for the past hundred years. Citibank owes over 6.5% of CBS. Chase owes at large portion TV and media stock. GE financial owes a huge amount of stock in media venues.
The big 5 banks can do any type of the latest fraud and what kind of punishment do they receive? At best a small one day "blurb" on the news press and usually they will pay a fine in the millions. While the multi-million dollar fines seem extreme punishment to the unsuspecting public, they are usually a one or two take of profits.
The big 5 banks can purchase stock brokerages, insurance companies (as subsidiaries) NY Stock Exchange companies, which are allowed to use pro-forma bookkeeping. This Pro Forma accounting allows liabilities to be listed as receivables or whatever they choose to list them as? This is were the terminology of "crooking the books" comes from.
Yes, all of the attorneys and others these banks have hired to infiltrate the websites and media are all talking about negative opinions but none of them will touch on the issue of law. None want to discuss the fraudulent schemes that the banks are using everyday to generate unconcionable amounts of profit in their everyday money creation business.
Everyone has an opinion (depending upon which side their bread is buttered on) but the laws are laws and with proper knowledge and application, any debt created by our present banking system is based upon fictitious consideration and other elements of fraud.
So please speek of law and not opinion.
Posted at 6:29AM on Dec 19th 2005 by Jim Bethea