White Collar Crimes While most people tend to think of white collar crime offenders as "white collar," a white

collar crime can be committed by anyone employees such as government officials, bankers, business people, accountants, stockbrokers, judges, attorneys, securities officers, and many other professionals. Common White Collar Crimes Include: Promissory Fraud-a promise to perform made at a time when the promisor has a present intention not to perform. Credit Card Fraudillegally using a credit card to make a purchase. Antitrust Violationsviolating laws designed to legislate trade practices that exist to ensure fairness in a market. Banking Fraudintentionally defrauding a bank of money. Securities Fraudillegally inflating a stock's price so that buyers can profit. Telemarketing Fraudposing as a telemarketer to acquire funds and using the money for purposes other than what was originally stated. Computer Hackinghacking into a computer system to steal data, send viruses, and engage in other illegal uses of a computer. Embezzlementillegally appropriating money or property that belongs to someone else. Blackmaildemanding money while threatening to do harm or reveal secrets unless payment is made. Counterfeitingillegally copying an item and passing it off as an original. Kickbackspaying a seller back a portion of what they paid for an item. Briberyoffering services, goods, money, information, or another commodity of value with the purpose of illegally influencing another person. The person who accepts the offer can also be charged with bribery. Cell Phone Fraudillegally using or tampering with a cell phone or a cellular service. Extortionillegally obtaining money or property through the use of threats.

Forgeryintentionally circulating a worthless check, fake money, or other type of counterfeit fund and passing it off as having value. Insider Tradingusing confidential or insider information to trade shares owned by public companies. Investment Fraudscamming another person into making a financial investment with the promise that they will make a profit. Mail Fraudfraudulent handling or use of mail. Insurance Fraudillegally obtaining money from an insurance company via an act of deception. Health Care Fraudperforming a health care service without a license and getting paid for the service. Money Launderinginvesting or transferring funds from an illegal investment scheme and making its source untraceable. RICO/Racketeeringoperating an illegal business for profit. Tax Evasioncommitting fraud when paying or filing taxes. Identity Theftillegally impersonating someone else's identity by using that person's credit card, driver's license, social security number, or another form of identification. Public Corruptionabuse of power or trust by a government official. Economic Espionagestealing trade secrets from a company, person, or industry.

Penalties for a white collar crime conviction can include criminal forfeiture, payment of fines, supervised release, restitution, and imprisonment. A white collar offense can also lead to civil lawsuits filed by the government or the persons who were allegedly victimized by the crime. Unlike in a criminal case, the accused in a civil lawsuit does not have the right to remain silent, and they may be obligated to testify at their own trial. An attorney will not be appointed for them if they cannot afford one on their own. Are Federal Reserve Banks And Commercial Banks Involved In A Massive Check Kiting Scheme? Mail Fraud? Racketeering? Inside Job Read this shocking expose of a nationwide scandal involving over two trillion dollars worth of bad check circulating as "money!" Believe It or Not! Though originally printed in 1985, the truths contained herein still apply today... and now youll know why not to trust your Banker!

CHECK KITING A NATIONAL SCANDAL The story you area bout to read is true. This is not a story about bank robbers like Jesse James, or a holdup at your local bank or The Great Train Robbery. It is a story about banks robbing people through one of the cleverest schemes ever contrived in the history of civilization. Officially, it is known as "fractional reserve banking." In reality it is nothing more than a check-writing scheme. The writing and circulating of bad checks as "money." The extent of this check kiting scheme is now estimated to exceed well over two trillion dollars, and involved all 12 Federal Reserve Banks as well as over 14,000 commercial banks throughout the United States. Not only is there massive check kiting, but also a carefully planned conspiracy to overthrow the Constitution of the United States, and set up a world government and world monetary system with a cashless society. The ultimate plan is a debt dictatorship where there will be but two classes of people; the "haves' and the "have nots." The "haves" will own it all, and the "have nots" will pay interest to the banks and taxes to the government. America will no longer be a Republic, but an Economic Oligarchy owned and controlled by an elite few who, through fraudulent methods and contracts have attempted to turn us from a nation of free men and women into a nation of voluntary servitude. WHAT IS CHECK KITING? Check kiting is a term applied in a method of floating checks between various bank accounts in a never-ending circle. Here is how it works: Suppose Tom, Dick and Harry each had a checking account of three different banks, Bank A, Bank B, and Bank C. Tom writes a check for $3,500 from his account at Bank A to Dick. Dick writes a check for $3,500 from his account at Bank B to Harry. And Harry writes a check for $3,500 from his account at Bank C to Tom, thus finishing the circle. Together, they have written checks totally three times $3,500 or $10,500. Yet between the three of them there is less than $100 in all three checking accounts. Will any of the three checks bounce? The answer is "No" unless the banker figures out the scheme. If any of them withdraw the checks for cash, they can be charged with fraud, and just for writing them, they can be charged with check kiting, which is a federal crime. Some check kiting schemes involve millions of dollars of bad checks floating between various accounts, which the depositors suddenly cash in before vanishing with their ill-gotten gains. E. F. HUTTON In the summer of 1985, E. F. Hutton gained national notoriety for floating up to $270 million dollars worth of checks each day in what was up until now, the largest check-kiting scheme ever perpetuated in the country. E. F. Hutton never cashed the checks, but instead collected an estimated $25 million dollars in interest each year on the checking accounts through which all the bad checks were floating. The Department of Justice, even after a thorough investigation, could not find anyone to indict, incredible, but true-believe it or not.

THE GAMES PEOPLE PLAY If a group of people sits down to play a game of Monopoly, and only one person (the "banker") has the power to create money, there can be little doubt who will win the Monopoly game. Here's the strategy. The "banker" lends money to the people who want to stay in the game, AND he gets mortgage and security liens against all their personal and real property. The interest he charges for the money he creates and lends out is all gray-virtually all profit and no overhead. Once everyone is in debt to him, he just cuts off their credit and calls in his loans. Because the interest on the loans creates a debt greater than the supply of money to repay it, all the lender does to foreclose on everyone is to stop making new loans. When the existing loans are paid off, the money supply dries up, and prices of land, buildings, and commodities fall. Then, the lender forecloses. All this is done very smoothly as lenders deprive people of property under color of law. Taking the Monopoly game from the parlor into today's real life is simple. What is happening is merely a repeat of a script written long ago. We the People, have been conned into a trap, tempted by the lure of money, and have signed our land and freedoms away with contracts that have made us perpetual economic servants to the bankers. Under our right to contract, we have signed notes, entering ourselves "voluntarily" into a debt dictatorship - although few, if any, of us realize the trap we were led into. WHO CREATES THE MONEY? Under the U.S. Constitution in Article 1. Section 8, Congress shall have the power "to coin Money, and regulate the Value thereof." Today money is defined by 31 U.S.C.A., Section 5103, which say, "United States coins and currency.... are legal tender for all debts, public charges, taxes and dues." It is quite clear that the Congress has exclusive power to coin money, and this power has not been delegated by the Constitution to private individuals or corporations. It is important to realize here that evidences of debt are not money, and are not legal tender. Such evidences of debt include: checks, credit cards, lines of credit, demand deposits, credit, letters of credit, and checkbook money. These latter instruments pass as money only as long as people have confidence in them. DO BANKS CREATE MONEY? In their own publications, the banks claim they create money. Because money is defined by law as coins or currency, we must look at the evidence to see if they create coins or currency. A close examination of the evidence shows that the banks neither create coins nor currency, as these are exclusive function of the U.S. Government. What, then, do they create? They create something that passes as money, yet isn't real money. DID THE LENDER CREATE THE MONEY? OR, DID HE MERELY WRITE A BAD CHECK? When we looked at what the E. F. Hutton people did, we saw that in a sense they created money and benefited by it. They wrote bad checks, which passed as money because Hutton always backed its bad checks with more bad checks in a never-ending check-kiting scheme. Yet, what difference is there between what E. F. Hutton did and what a commercial bank does on a regular basis? Consider this, "Modern Money Mechanics,"

published by the Federal Reserve Bank of Chicago, says: "The actual process of money creation takes place in commercial banks." "Deposits are merely bank entries." "Banks can build up deposits by increasing loans..." "....bankers discovered that they could, merely by giving borrowers their promises to pay (bank notes.) In this way banks began to create money." "Demand deposits are the modern counterpart of bank notes. It was a small step from printing notes to making book entries in the credit of borrowers which the borrowers, in turn, could spend by writing checks." A publication by the Federal Reserve Bank of Boston, called "Putting it simply," says "When the Federal Reserve writes a check, it is creating money." Another publication by the Federal Reserve Bank of New York, called "I Bet You Thought," says "This checkbook money is bookkeeping money created mainly by the nation's commercial banks." Now, you may want to buy the story that the bankers are creating money, but I will not. The courts have clearly decided that checks and evidences of debt are not money. (See, Hegeman V. Moon, 131 N.Y. 462.30 NE 487; and State V. Neilen, 73, Pac 321, 43 Ore 158.) IF YOU OR I WRITE A CHECK WITHOUT HAVING THE FULL VALUE IN CASH TO BACK IT UP YOU OR I HAVE WRITTEN A BAD CHECK. IF A BANK WRITES A CHECK WITHOUT THE FULL VALUE IN CASH TO BACK IT UP, THEN THE BANK, TOO, HAS WRITTEN A BAD CHECK. The bank, however, is in a unique position to circulate its bad checks as 'money' by stamping the "PAID" and crediting the depositor's checking or savings account with some book entries. The banks are getting away with this fraudulent activity because most of us don't cash our checks because we use checks and credit cards as substitutes for cash (money). As a result, many banks are multiplying up to 33 times the amount of actual money (cash) they have to loan. This technique is known as "fractional reserve banking." Today the American people have become a party to the check-kiting scheme of the bankers by accepting checks and depositing them, and then writing checks against those book entry deposits. We unwittingly help the banks pass on bad checks as "money." WHAT IS FRACTIONAL RESERVE BANKING? Fractional reserve banking is based on the trade secrets of the goldsmiths. During the Middle Ages, the goldsmiths would store real money-gold and silver coins- brought to them for safekeeping. The goldsmiths would then issue notes promising the "Bearer on Demand" that amount in either gold or silver coins (SKR Safe-KeepingReceipts). Eventually, the goldsmiths found that the people preferred using notes to buy goods and services from each other, and would leave their heavy and cumbersome coins in the vaults. Conceiving a plan to get rich quick, the goldsmiths issued up to ten times the value that they gold or silver coins in their vaults in notes-promises to pay. They then lent out these notes-worthless paper!

- and collected interest on them! The precious metal coins stayed in the vaults backing the bad notes they circulated as "money" at a fraction (1/10) of the coins' actual value (hence, the term "fractional reserve.") The goldsmiths said they created money. We say, "NONSENSE!" To create real money, they would have mined and refined real gold or silver metals and formed them into coins. While their notes seemingly benefited the public, the actual monopoly of issuing these notes placed goldsmiths in positions of great wealth and power over people and nations. Or at least, that is, as long as their fraudulent activities were not discovered. The goldsmith's power became awesome, and he could at his discretion, lead a nation into either a war or a depression, if it furthered his ends. THE HARD EVIDENCE First of all, no banker in the United States can cite any law that gives him the right or authority to create money by lending "promises to pay money," which are called by many names, such as demand deposits, credit, or checkbook money. Look at it this way: If any of these items are cashed in, no money is created. Instead, a promise to pay money is exchanged for the money promised. That's like writing an IOU for and IOU. Now, if the money promised doesn't exist, then we are talking about bad demand deposits, bad credit, and bad checks. The fact that the bank stamps the check "PAID" when, in fact, no cash is paid out, and there exist only a transfer of book entries, is evidence in itself of check kiting. An unimaginable con, really, to swindle millions of people every day, with no one being the wiser because they actually believe their paychecks have value. FEDERAL RESERVE BULLETIN CONFIRMS FRAUD A monthly publication by the Federal Reserve Board, called the "Federal Reserve Bulletin," has in it information to document massive fraud and check kiting going on in the nation's banking system. In the May edition of the FRB, it states the reserve requirements effective on January 1, 1985, are 3% for net accounts under $29.8 million and 0% for accounts of corporations on time deposits of eighteen months or more. As of February 1985, the total amount of Federal Reserve Notes in circulation is listed as $162.9 billion. Yet the total loans and securities of all commercial banks are listed as $1.8 trillion-ELEVEN TIMES GREATER than the money supply (cash.) This $1.8 trillion figure does not include the over $2 trillion worth of stock in American industry held by bank trust departments. Total mortgage loans are over $2 trillion, and the total amount of the Federal Government's debt is over $1.7 trillion. In fact, the entire public and private debt is over $6 trillion. Yet the actual amount of money (cash) in the country is $162.9 billion or less than 3% of the total debt. If the banks and other financial institutions had actually been lending the money, then the total national debt would be less than $200 billion, yet we find it to be 30 TIMES this amount. This can only mean one thing: that there are over $5 trillion worth of bad checks written which created over $5 trillion worth of unlawful debts. THE LEGAL BASIS TO CANCEL MOST OF THE PUBLIC AND PRIVATE DEBT OF THE NATION IS SET FORTH IN THE FEDERAL RESERVES OWN BULLETINS!

DOUBLE ENTRY BOOKKEEPING defined: An accounting technique, which records each transaction as both a credit and a debit. Credit entries represent the sources of financing, and the debit entries represent the uses of that financing. Since each credit has one or more corresponding debits (and vice versa), the system of double entry bookkeeping always leads to a set of balanced ledger credit and debit accounts. Selected entries from these ledger balances are then used to prepare the income statement. MAIL FRAUD AND RACKETEERING USING MAIL TO DEFRAUD defined: The elements of this offense are the formation of a scheme or artifice to defraud, and use of mails for purpose of executing or attempting to execute such scheme or artifice; the latter element being gist of the offense. 18 U.S.C.A. 1341. Stryker v. United States, C.C.A.Colo., 95 F.2d 601, 604, 605. The crime is complete when mails are used in such scheme, and what happened subsequently is not controlling. United States v. Ames, D.C.N.Y., 39 F.Supp. 885, 886. See Mail fraud. Blacks Law Dictionary Sixth Edition (page 1544) WIRE FRAUD 18 USC 1343, makes it a Federal crime or offense for anyone to use interstate wire communications facilities in carrying out a scheme to defraud. A person can be found guilty of that offense only if all of the following facts are proved beyond a reasonable doubt: First: That the person knowingly and willfully devised a scheme to defraud, or for obtaining money or property by means of false pretenses, representations or promises; and Second: That the person knowingly transmitted or caused to be transmitted by wire in interstate commerce some sound for the purpose of executing the scheme to defraud. It is not necessary that the Government prove all of the details concerning the precise nature and purpose of the scheme; or that the material transmitted by wire was itself false or fraudulent; or that the alleged scheme actually succeeded in defrauding anyone; or that the use of interstate wire communications facilities was intended as the specific or exclusive means of accomplishing the alleged fraud. What must be proved is that the person knowingly and willfully devised or intended to devise a scheme to defraud; and that the use of the interstate wire communications facilities was closely related to the scheme because the person either wired something or caused it to be wired in interstate commerce in an attempt to execute or carry out the scheme. To "cause" interstate wire facilities to be used is to do an act with knowledge that the use of the wires will follow in the ordinary course of business or where such use can reasonably be foreseen. Each separate use of the interstate wire facilities in furtherance of a scheme to defraud constitutes a separate offense. Whereas defined pursuant to; Frauds and Swindles: Whoever, having devised or intending to devise any scheme or artifice to defraud, or for obtaining money or property by means of false or fraudulent pretenses, representations, or promises, or to sell, dispose of, loan, exchange, alter, give away, distribute, supply, or furnish or procure for unlawful use any counterfeit or spurious coin, obligation, security, or other article, or anything represented to be or intimated or held out to be such counterfeit or spurious article, for the purpose of executing such scheme or artifice or attempting so to do, places in any post office or authorized depository for mail matter, any matter or thing whatever to be sent or delivered by the Postal Service, or

deposits or causes to be deposited any matter or thing whatever to be sent or delivered by any private or commercial interstate carrier, or takes or receives therefrom, any such matter or thing, or knowingly causes to be delivered by mail or such carrier according to the direction thereon, or at the place at which it is directed to be delivered by the person to whom it is addressed, any such matter or thing, shall be fined under this title or imprisoned not more than 20 years, or both. If the violation occurs in relation to, or involving any benefit authorized, transported, transmitted, transferred, disbursed, or paid in connection with, a presidentially declared major disaster or emergency (as those terms are defined in section 102 of the Robert T. Stafford Disaster Relief and Emergency Assistance Act (42 U.S.C.5122)), or affects a financial institution, such person shall be fined not more than $1,000,000 or imprisoned not more than 30 years, or both. Whereas defined pursuant to; Fictitious name or address: Whoever, for the purpose of conducting, promoting, or carrying on by means of the Postal Service, any scheme or device mentioned in section 1341 of this title or any other unlawful business, uses or assumes, or requests to be addressed by, any fictitious, false, or assumed title, name, or address or name other than his own proper name, or takes or receives from any post office or authorized depository of mail matter, any letter, postal card, package, or other mail matter addressed to any such fictitious, false, or assumed title, name, or address, or name other than his own proper name, shall be fined under this title or imprisoned not more than five years, or both. The use of the U.S. Postal Service to collect on any unlawful debt is considered mail fraud under federal statutes (In U.S.C. 1341), and the use of the U.S. Mails more than once in any 10-year period constitutes a pattern of racketeering activity under statute 18 U.S.C. 1961. Any bank loan in this country where checks or credit cards were used and no actual cash was received should be considered an act of fraud to circulate a bad check as money as part of a check kiting operation that involves the Federal Reserve Banks, which are also privately owned banks. No person should receive any check without going to the bank and demanding actual cash (lawful money). We must stop using bank credit cards and demand proof from the bank that it actually lends lawful money. We must pray and call on The Creator to help expose and driveout the check-kiters (The Money Changers) from America.