Bank Of America Seeks Protection
National News
Bank of America claims members of a "radical anti-tax group" filed bogus papers in court and attempted to "seize" and "foreclose" upon two BofA branch banks. Members of The United Cities Group wore false badges from the "Treasury Department" during their bogus "seizure," which they recorded and posted on YouTube, and they threaten to do again, BofA says.
BofA says the defendant filed a bogus "Notice of Lodgment" and "Notice and Demand" in Miami-Dade County, and tried to execute its claim for a bogus $12.5 billion debt.
"TUC representatives, including Mr. Angel Cruz, when appearing at the branches notified bank employees that they were with the 'Treasury Department' and entered the branched and recorded images of both the interior and exterior of the branches," BofA claims in Federal Court. "Shortly thereafter, TUC posted a press release on its Web site with a link to a YouTube video of the day's events and its plans to 'foreclose' and 'seize' the two Bank of America branches."
The bizarre federal complaint continues: "After 5 p.m. on July 7, 2008, the United States Service notified Bank of America and undersigned counsel that TUC contacted the Secret Service and informed it of TUC's plans to carry out its 'seizure' of the Bank of America branches with TUC's own armed private security officers at 7:30 a.m. on Tuesday, July 8, 2008."
The "purported basis" for these "seizures," according to the complaint, is that TUC has created its own banking system, called the TUC Private Currency Office. "TUC created 'drafts' drawn on its own 'bank.' TUC then attempted to deposit the drafts into an account with Bank of America held by TUC's member organizations, Orlando Escrow Services, Inc., and Miami Nights Corp." BofA says it rejected the fraudulent drafts.
It says the Comptroller of the Currency and the Federal Reserve have issued "Worthless Instrument alerts and fraud alerts regarding checks allegedly drawn on TUC's Private Currency Office."
After BofA rejected the bogus "drafts," it says, TUC sent its members to the Miami branches, with false Treasury Department badges, and video cameras.
"In its video posted on YouTube, TUC professes that it will be 'seizing' the Bank's property located at several bank branches to secure their claim, which totals $15,250,000,000. ...
"TUC's threatened seizures would post a serious and irreversible breach of the security of Bank of America's employees and its customers. Bank of America is in need of this Court's authority to prevent the illegal seizure of its property and to ensure the safety of its employees and customers."
BofA demands a restraining order. Its 8-page complaint is accompanied by 46 pages of exhibits, including TUC's "Notice and Demand," its bank "drafts," and correspondence. Bank of America is represented by Mary Leslie Smith with Foley & Lardner.
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USCIS Adjusting Premium Processing Fee
U.S. Citizenship and Immigration Services (USCIS) announced today it is adjusting the premium processing fee for Form I-129, Petition for a Nonimmigrant Worker and Form I-140, Immigrant Petition for Alien Workers beginning on Oct. 1, 2018 to more effectively adjudicate petitions and maintain effective service to petitioners.
The premium processing fee will increase to $1,410, a 14.92 percent increase (after rounding) from the current fee of $1,225. This increase, which is done in accordance with the Immigration and Nationality Act, represents the percentage change in inflation since the fee was last increased in 2010 based on the Consumer Price Index for all Urban Consumers.
“Because premium processing fees have not been adjusted since 2010, our ability to improve the adjudications and service processes for all petitioners has been hindered as we’ve experienced significantly higher demand for immigration benefits. Ultimately, adjusting the premium processing fee will allow us to continue making necessary investments in staff and technology to administer various immigration benefit requests more effectively and efficiently,” said Chief Financial Officer Joseph Moore. “USCIS will continue adjudicating all petitions on a case-by-case basis to determine if they meet all standards required under applicable law, policies, and regulations.”
Premium processing is an optional service that is currently authorized for certain petitioners filing Forms I-129 or I-140. The system allows petitioners to request 15-day processing of certain employment-based immigration benefit requests if they pay an extra fee. The premium processing fee is paid in addition to the base filing fee and any other applicable fees, which cannot be waived.