Bankster Crime

Exposing Fraud in the Banking System

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Con Games

WeWork’s Stock Imploded to 13 Cents Yesterday; Its Cult-Master, Adam Neumann, Cashed Out Years Ago and Is a Billionaire–Con Game In Play

BanksterCrime: By Pam Martens and Russ Martens: August 11, 2023 ~ Adam Neumann, Chairman and CEO of The We Company in 2019 That office space company we warned our readers about so extensively in 2019, WeWork, collapsed to 13 cents a…

Jamie Dimon Faces an Uphill Battle Convincing a Jury He Didn’t Know that Child Sex-Trafficker, Jeffrey Epstein, Was Financing His Operation Out of JPMorgan

BanksterCrime: By Pam Martens and Russ Martens: August 9, 2023 ~ Jamie Dimon is between a rock and a hard place. He is either going to have to convince a jury come October that he was left in the dark by…

Talk About BS: JPMorgan Economists Discard Prior Recession Prediction, Foresee US Economic Resilience

BanksterCrime: JPMorgan’s economists have jettisoned previous predictions of an impending U.S. recession. Their chief U.S. economist, Michael Feroli, is confident that the American economy will maintain a modest but steady growth trajectory throughout the remainder of the current year and…

This Guy Don’t Get It–Sam Bankman-Fried Faces Jail as DOJ Pushes for Incarceration

BanksterCrime: The DOJ responded to Bankman-Fried’s defense team, which argued it was painting him in a negative light. Sam Bankman-Fried (left) exits a courthouse after a hearing on July 26, 2023. (Nikhilesh De/CoinDesk) FTX founder Sam Bankman-Fried’s defense isn’t denying…

U.S. SEC Sues Richard Heart, Hex, and PulseChain on Unregistered Securities and Fraud Allegations Heart Raised Over $1 Billion Across Three Different Unregistered Securities Offerings, the SEC Alleged

BanksterCrime: The U.S. Securities and Exchange Commission (SEC) sued internet marketer Richard Schueler, known online as Richard Heart, and his projects Hex, PulseChain and PulseX, alleging he raised over $1 billion across three different unregistered securities offerings beginning in 2019….

Sam Bankman-Fried Maybe Hasn’t Escaped Campaign Finance Charges

BanksterCrime: Sam Bankman-Fried (left) exits a courthouse after a hearing on July 26, 2023. (Nikhilesh De/CoinDesk) Sam Bankman-Fried won’t face a campaign finance charge when he goes to trial in October, but that doesn’t mean he’s out of the woods….

FTX’s Bankman-Fried Should Be Jailed Heading Into Trial, U.S. Argues–SRH: Fried’s Bad For Cryptocurrency Reputation

By BanksterCrime: A prosecutor said that “no set of release conditions can secure the safety of the community.” The U.S. Department of Justice wants FTX founder Sam Bankman-Fried to spend the remainder of his time before his criminal trial in…

Trillions of Dollars in Uninsured Deposits Are Now a Serious Albatross Around the Necks of the Mega Banks on Wall Street–Con Games Over

In June, Reuters reported that JPMorgan Chase was expanding the reach of its commercial bank into two additional foreign countries – Israel and Singapore – bringing its foreign commercial bank presence to a total of 28 countries. Those plans could…

This Chart Shows How Wall Street Banks and the Fed Have Become a Match Made in Hell

By Pam Martens and Russ Martens: July 24, 2023 ~ Prior to Ben Bernanke being sworn in as Fed Chair on February 6, 2006, the United States had been through World War I, the Great Depression, World War II, the Vietnam…