In this video, Brian Harris of UBS tells the story of how ORIX's President and CEO James Thompson (aka Captain J) threatened to sue UBS if they didnt buy back their B-Piece bonds. James Thompson commits 3 blatant instances of perjury in order to conceal his blackmail attempt. As ORIX's company motto is "Just Pay", this is just another instance of their extortion racket.
James Thompson, a highschool dropout, is the President and CEO of ORIX, the most illicit servicing company. He also owns Mountain Air Charter, a private airline charter company. Here he attempts to justify the infamous "Jack still owes me the phone number of some babe he lined up for me" quote (from the 2-21-06 POTW).
This was the 7-31-07 Pick-of-the-Week.
John Moss, ORIX's ex-CEO, explains the breakdown of the $9M PMAC settlement; $7M of "losses" from PMAC and $2M of "losses" from MLMI.
This was the 11-28-07 Pick-of-the-Week.
Henry Bomar of ORIX testifies under oath that they DO owe a "fiducary duty" to investors (which is the truth). However, in a desperate attempt to escape recent cases, Wells Fargo and ORIX are now saying the complete opposite -- that they do NOT owe a "fiduciary duty" to investors.
Jeffrey Bragalone, ORIX's attorney in the PMAC/MLMI case, cant distinguish litigation expenses between two REMIC trusts involved in the same litigation.
Soon after I sued Wells Fargo for fraud and SEC violations, they hired private investigators to park across the street from my house 24/7 for nearly a month. This was done purely to harass my family, not to mention Wells Fargo has done the same things to countless other families as well.
Chuck Crouch of ORIX explains how they have two divisions; one division for which they do have a ownership interest, and another division for which they do not have an ownership interest. This is a clear violation of the Servicing Standard and PSA Section 3.01. For a more thorough explanation, see www.predatorix.com/p otw8-21-07.htm
This was the 8-21-07 Pick-of-the-Week.
Wells Fargo sued my 14 year old brother and I and tried to intimidate and harass my family after I exposed their Mortgage Backed Securities sham, tax evasion, fraud, and infamous perjuring executives on my website.
John Dinan of ORIX explains advances. Every time ORIX advances money to itself, it doubles its money. At its peak, ORIX was advancing hundreds of millions of dollars a year. Advances are further explained at predatorix.com.
This was the 3-26-06 Pick-of-the-Week.
*warning: low volume*
In this video, Michael Wurst of ORIX not only confirms the existence of the now infamous "deferred employee compensation plan", but also gives a brief explanation of how it functions. The partnership is further explained on www.predatorix.com/t hesecretpartnership. htm
This is the 11-13-07 Pick-of-the-Week.
Amy Natasha Howell, one of ORIX's attorneys, sent a 15* page letter full of lies to a bankruptcy trustee in a MLMI related suit. Avram and I would like to dedicate this song to Natasha. Hilarious vid.
This was the 9-4-07 Pick-of-the-Week.
John Moss, ORIX's ex-CEO, explains how the REMIC trusts were taken off accrual accounting. This directly violates the IRS 1066 tax form instructions and REMIC 860C (b)(1) statutes.
This was the 8-7-07 Pick-of-the-Week.
Henry Bomar of ORIX testifies under oath that they DO owe a "fiducary duty" to investors (which is the truth). However, in a desperate attempt to escape recent cases, Wells Fargo and ORIX are now saying the complete opposite -- that they do NOT owe a "fiduciary duty" to investors.