Bancorp International Group Inc (fka BCIT)

[Freedomxxxxxxx]

Freedom X

Tick..Tock..Tick ..Tock........That's the gentle sound of the "fraudulent and counterfeit BCIT share clock", where,brokerage firms sold, & I might add, for corporate brokerage enrichment, slowly ticking away, till the Brokerage come clean with their dishonest actions, accordingly!

The brokers that sold unregistered Stock entitlements,- Over 500 million+++ of counterfeit shares sold for corporate enrichment--- Over and above the authorized 645,000 shares back in 2005 {mathematical numbers can not lie) ( note: only legally confirmed entitlements by The Company,the Transfer agent the DTCC can lawfully be sold within the OTC /Stock markets)

Seems DOJ is quietly seeking "the truth", bringing to bare how the Banking Industry conducts its past (note; past) illegal transaction. They require to take Responsibility and accountability with the financial malevolence...Whereby, bringing investor trust and confidence within the financial markets..Remember, no one person or even a Brokerage -firms are above the law...

This simple request to our Brokerage firms, for our BCIT entitlements,that are accordingly, validated and confirms in our Brokerage statements. Has become a derivative quagmire nightmare... It such a simplistic request.Oh , I forgot they sold more than what was legally authorized in 2005. The proverbial question is how & where will they obtain the BCIT stock entitlements to cover there fraud
645,000 vs 500 million that's 499,346,000+++ to cover.. Counterfeiting is a crime!!!
________________________________________________________
Justice Brings the Hammer Down on Barclays
By Investopedia | December 23, 2016 — 9:23 AM EST


http://www.investopedia.com/stock-analysis/122316/justice-brings-hammer-down-barclays-bcs-db.aspx?utm_source=market-sum&utm_campaign=www.investopedia.com&utm_term=8429913&utm_medium=email

Justice Brings the Hammer Down on Barclays
www.investopedia.com
Another European bank has found itself in hot water with the U.S. Justice Department. Barclays (NYSE: BCS) is the target of a new lawsuit brought by Justice, regarding the bank's conduct in the years preceding last decade's financial crisis. In the lawsuit, filed in federal court in New York, Justice accuses Barclays of fraud in the selling of mortgage-backed securities between 2005 and 2007.



Another European bank has found itself in hot water with the U.S. Justice Department. Barclays (NYSE: BCS) is the target of a new lawsuit brought by Justice, regarding the bank's conduct in the years preceding last decade's financial crisis.
In the lawsuit, filed in federal court in New York, Justice accuses Barclays of fraud in the selling of mortgage-backed securities between 2005 and 2007. In a statement regarding the suit, Justice wrote that "Barclays personnel repeatedly misrepresented the characteristics of the loans backing securities they sold to investors throughout the world, who incurred billions of dollars in losses as a result of the fraudulent scheme."
Barclays said that the lawsuit's allegations are "disconnected from the facts," and added that it will "vigorously" defend itself.
Bringing the case to court is a fairly unusual step for Justice -- typically, a bank accused of malfeasance settles on a penalty with the U.S. regulator.The two sides had been engaged in negotiations, but apparently couldn't agree on fine. According to a Bloomberg report, Barclays was willing to pay as much as $2 billion in sanctions. Neither Justice's opening offer not its ultimate minimum threshold were disclosed.

News of the lawsuit came just before Barclays' peer European lender Deutsche Bank (NYSE: DB) announced it had agreed to a $7.2 billion settlement with Justice for similar alleged transgressions. That amount represents quite a compromise; the regulator had originally sought to levy a $14 billion penalty on Deutsche Bank....