Foreclosure Clean-Up Gets Police Response, But Not Bank Fraud?
Mon May 7, 2012 by Oppenheim Law on Florida Law News & Foreclosure Fraud
It never ceases to amaze me the glaring duality of the world I live in.
I am constantly reminded that we live in world where you and I have to play by one set of rules, yet the vast financial complex that resides on Wall Street isn’t held to even a fraction of those standards.
The latest example comes way of a small protest in Liberty City last week.
A few members of the Miami Workers Center, a grassroots organization, arrived at an abandoned foreclosed home, a property that like countless others is nothing more than a glorified trash dump.
Their nefarious plot? To clean the home up, and try to make it a little less of an eyesore.
And what did this group, which included a grandmother and an pregnant woman, encounter when they arrived at that home?
About a half dozen cops, who threatened to arrest any of them if they stepped foot on the Bank Of America-owned property.
The protesters, to their credit, didn’t give up and cleaned up the public areas around the home. Not once was a burglary tool spotted.
The officers watched over these men and women like mother hens as they picked up beer bottles and broken glass, among other fabulous ‘accessories’ the home had accumulated over the last few years. (Bank of America took the home in 2010.)
But when the banks not only trespass, but break into my clients homes? How many police officers can I get on the case? Not a single one.
Even after the banks burglarize a home, when I have proof of a crime that would land you or I in jail, I am told it’s a civil matter, if I even get that.
Usually all I am left with is a big shrug. Banks can change locks or even tear a house apart, yet when a few ladies decide to pick up trash and try to better a neighborhood, that’s when the cops decide to enforce the laws?
Why do the property rights of banks, banks that simply do not care about their neighbors, mean more to the police than that of good citizens?
As Newsweek joined the voices wondering if in fact the banks are too big to jail, I ask you, how can we put them behind bars if we can’t even get an officer to respond?
Bankers have access and influence that just hasn’t been broken, even by a President who promised hope and change.
Newsweek points out that when it comes to justice in the financial sector, President Obama has not lived up to the hype.
Now he’s been busy when it comes to civil rights or health-care fraud, but when it comes to financial fraud the feds just can’t be bothered.
Prosecutions of financial crimes are at 20 years lows, and they’ve dropped nearly 40 percent since 2003.
Once again, it comes down to two sets of rules. Bankers get to pick and choose which rules they play by, but citizens trying to do some good don’t get that luxury.
From The Trenches,
Watched parts 3 & 4 of Frontline on PBS last Tuesday. Will it ever change??