Issue 02
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UBS STEALS CLIENT DOMICILE!
UBS Associate General Counsel Craig E Darvin had the audacity or stupidity to show UBS clear intent by emailing the Florida attorney who registered the UBS mortgage on Client Mallard’s domicile. UBS “will not give the domicile back under any circumstances”. UBS has thus allegedly stolen the property from elderly Client Mallard. An alerted Attorney General Eric Holder’s office has taken no action.
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UBS MISAPPROPRIATES CLIENT ACCOUNT ASSETS TO OFFSHORE
This is a self-explanatory UBS offshore wire transfer to UBS AG (Switzerland) of Client Mallard’s account assets without the mandatory US Federal and client written authorization. UBS will neither tell the whereabouts of the account assets nor repatriate them to Client Mallard’s accounts. This can be construed as theft of Client Mallard’s account assets by UBS. An alerted Attorney General Eric Holder’s office has taken no action.
UBS BURNS HOLOCAUST DOCUMENTS TO AVOID REPARATIONS!
Wikipedia reports: "Christoph Meili, a night watchman at the Union Bank of Switzerland (a predecessor bank of today's UBS), found employees destroying archives compiled by a subsidiary that had extensive dealings with Nazi Germany, in direct violation of a recent Swiss law (adopted on December 13, 1996) protecting such material. UBS acknowledged that it had 'made a deplorable mistake', but maintained that the destroyed archives were unrelated to the Holocaust. Meili was suspended from his job at the security company that served UBS, following a criminal investigation into whether his whistle blowing had violated bank secrecy laws." B1 This is just sad and reprehensible. What else can be said?
UBS LOOSES IN US COURT ON RETALIATION AND DISCRIMINATION AGAINST WOMEN
Wikipedia reports: "UBS lost the high profile case Zubulake v. UBS (Warburg,217 F.R.D. 309 [S.D.N.Y.] United States District Court Judge Shira A. Scheindlin presiding), a discrimination and retaliation suit. The plaintiff Laura Zubulake, a former institutional equities saleswoman at the company's Stamford office, alleged her manager, Mathew Chapin, had undermined and removed her from professional responsibilities, excluded her from business outings, belittled her to colleagues and generally treated her different from the men on her desk. Also, she alleged that there were several sexist policies in place, such as entertaining clients at strip clubs that made it difficult for women to foster business contacts with clients. An important event in the case was that UBS had not preserved relevant e-mails after the litigation hold had been in place. Because of this, federal judge Shira Scheindlin gave the jury a final 'adverse inference' instruction, in part stating, 'The fact that some UBS employees failed to preserve their e-mails after being instructed to do so, and that such e-mails cannot now be produced, is sufficient circumstantial evidence from which you are permitted, but not required, to conclude that the missing evidence was unfavorable to UBS.' The jury found in favor of Zubulake on both claims and awarded $9.1 million in compensatory damages (including back pay and professional damage), and $20.2 million in punitive damages. The case was seen as a landmark in the realms of e-discovery, document retention, computer forensics, and human resources." B2 We see, yet again, the UBS penchant for destroying documentation despite court orders and Swiss laws against such. This obviously irritated Judge Shira Scheindlin who could have seen this as a rehash of the alleged Holocaust document destruction by UBS.
UBS FLORIDA SENIOR CITIZEN CLIENT QUESTIONABLY PROCESSED IN UTAH COURT ALLEGEDLY BY SOME OF SAME LAWYERS CITED BY NEW YORK FEDERAL JUDGE
In Zubulake v. UBS Warburg, 217 F.R.D. 309 (S.D.N.Y.) United States District Court Judge Shira A. Scheindlin presiding reports: "Determining that the employer (Plaintiff UBS) had willfully deleted relevant emails despite contrary court orders, the court granted the motion for sanctions and also ordered the employer (Plaintiff UBS) to pay costs. The court further noted that defense (Plaintiff UBS) counsel was partly to blame for the document destruction because it had failed in its duty to locate relevant information, to preserve that information, and to timely produce that information. In addressing the role of counsel in litigation generally, the court stated that (Plaintiff UBS) 'counsel must take affirmative steps to monitor compliance so that all sources of discoverable information are identified and searched.' Specifically, the court concluded that (Plaintiff UBS) attorneys are obligated to ensure all relevant documents are discovered, retained, and produced. Additionally, the court declared that litigators must guarantee that identified relevant documents are preserved by placing a 'litigation hold' on the documents, communicating the need to preserve them, and arranging for safeguarding of relevant archival media." B3 UBS Florida Senior citizen Client is receiving the same treatment in the UBS 3rd District Court, Salt Lake City, Utah client judicial processing court in the shadow of the Mormon Tabernacle. Local attorneys allegedly call it the UBS slaughterhouse. UBS and its lawyers have allegedly blackened out and otherwise hidden fabricated credit line/mortgage agreement information from the Client and his attorneys. UBS and their lawyers have refused to allow any discovery, especially of IRS relevant documents. UBS New Jersey and Utah lawyers successfully adjudicated a Florida mortgage in the Utah court without a Florida legal license to do such. UBS successfully ignored court submissions of unknown UBS cross border (offshore) numbered UBS Swiss accounts and other crossover accounts. We will be following Florida senior citizens allegedly targeted and harvested by UBS.
UBS AVOIDS US RACIAL DISCRIMINATION LAW SUIT, SOMEHOW
Wikipedia reports: "three African-American employees filed a class action lawsuit against the company in the United States District Court for the Southern District of New York alleging racial discrimination in hiring, promotion and other employment practices. The three plaintiffs … claim that segregation and discrimination in job assignments and compensation were widespread and the firm had done nothing to diversify its workforce. … U.S. District Judge, Peter J. Messitte, granted plaintiff's request to dismiss the class allegations without prejudice." B4 We do not know which administration appointed Judge Messitte or what his intentions were regarding this case before his court. Granting a summary judgment is unusual and usually means the judge saw no material existing fact.
UBS HELD COMPLICIT IN INDIA STOCK MARKET CRASH
Wikipedia reports: "The Securities and Exchange Board of India (SEBI) alleged that UBS had played a role in … Black Monday stock market crash … SEBI's ruling of May 17, 2005 barred UBS from issuing or renewing participatory notes for a period of one year. The ban was later lifted on appeal, as a result of a government tribunal ruling." B5 It is obvious UBS is breaking nation state laws and religious tenets throughout the world. We only see some countries pursuing UBS while others are curiously ambivalent, especially the authoritarian regimes like Saudi Arabia. It is not known how many Saud family billions are hidden at UBS in Switzerland in secret numbered accounts. We doubt the Saud family government will allow citizens of Arabia under their control to find out. We doubt the Saud family government will allow citizens of Arabia under their control to find out. What the Saud family are doing with UBS is directly against Islamic tenets. How can you have the Islamic "Protector of the two Holy Places" Mecca and Medina with offshore UBS numbered bank accounts collecting interest? Has UBS AG manipulated the accounts to give the Saudi Family members "plausibility of denial"? There is no defense capability on the documented.
BRAZIL INVESTIGATES UBS ALLEGED CRIMINAL ACTIVITY
Wikipedia reports: "In an article published by Reuters, Brazilian public prosecutor Karen Kahn announced that several employees of UBS … were under investigation by federal authorities. … police arrested 20 people, including bankers at UBS … after the discovery of illegal activities including money laundering, tax evasion, fraudulent banking and operating without a banking license." B6 These are considered very serious charges against UBS employees, yet again. It is an open secret that UBS has allegedly been soliciting international organized crime elements throughout the world. Money is money!
UBS EMPLOYEES AVOID CONGRESSIONAL SCRUTINY, SOMEHOW
Wikipedia reports: "UBS client, HealthSouth and its founder/CEO Richard M. Scrushy were accused by the U.S. Securities and Exchange Commission (SEC) of an accounting scandal … Three senior bankers at UBS Howard Capek, Benjamin Lorello and William McGahan, all whom had extremely close relationships with HealthSouth's management, all testified for congressional hearings, but none was convicted of any wrongdoing." B7 We see, yet again, UBS employees let go by Bush administration operatives. We do not know how much money, if any, has been given to bundler lobbyists or other donor schemes by UBS for Washington political operatives.
UBS FINED FOR BREAKING US EMBARGO
Wikipedia reports: "UBS was fined $100 million by the U.S. Federal Reserve for illegally transferring funds from an account set up by the Federal Reserve at UBS to Iran, Cuba and other countries presently under a U.S. trade embargo." B8 It is bazaar to think that UBS funneled US government money to Iran and Cuba without authorization. Is this some lucrative covert Iran/Contra Bush family replay?
UBS EXECUTIVE DIRECTOR AND OTHER EMPLOYEES CHARGED WITH INSIDER TRADING BY US PROSECUTORS
Wikipedia reports: 'In an article published in BusinessWeek … it was announced that the firm was under investigation by federal prosecutors in the United States after it was discovered that traders working for at least two unidentified hedge funds were paying a UBS employee for information on impending ratings changes on stocks. It was later announced … that Mitchel S. Guttenberg, an executive director in the firm's equity research department, was being charged along with 13 other individuals from various firms with insider-trading fraud of more than $15 million." B9 An executive director acts upon the wishes of the executive committee and sends out UBS directives accordingly. This is a typical instance of the UBS rot starting at the top.
FBI PROBES UBS TAX AVOIDANCE SCHEME, IN SWITZERLAND
Wikipedia reports: "It was reported ... that the US Federal Bureau of Investigation had made a formal request to travel to Switzerland to probe a multi-million-dollar tax evasion case involving UBS. The New York Times reported that the case could involve some 20,000 US citizens. This is reported to be a consequence of information revealed … by a UBS client at risk of prosecution for US tax evasion." B10 We did not believe anyone within the Obama administration would be willing to take donations or deferred payments from UBS. We were wrong. Obama has not only replicated the Bush regime but increased the money taken. Obama has been accepting donations since Senator Obama met UBS Chairman bundler Robert Wolf at a party in George Soros's New York City apartment.
US SENATE ACCUSES UBS OF MARKETING TAX EVASION
Wikipedia reports: "the US Senate disclosed that the U.S. loses around $100 billion annually due to offshore tax evasion. The Senate report accused Swiss bank UBS AG and Liechtenstein's LGT Group for allegedly marketing tax-evasion strategies to wealthy Americans. U.S. clients hold about 19,000 accounts at UBS, with an estimated $18 billion to $20 billion in assets, in Switzerland, according to the findings from the Senate probe and Justice Department prosecutors." B11 The US Senate has to be careful because some of the US tax evaders are extremely powerful and could take revenge. We have had three reliable source corroborations of the Bush family using the same Liechtenstein offshore mechanism as the Saud family. This has allegedly been implemented under the tutelage of Bush family patron Prince Bandar. It is said the two families share the same lawyer as keeper-of-the-gate. The Bush family is allegedly said to be moving offshore money to Uruguay to be close to their huge Paraguayan hacienda.
UBS CHAIRMAN MASTER CRIMINAL ALLOWED TO FLEE US JUSTICE
ABC News reports: "Despite a federal criminal investigation of its alleged role in helping wealthy Americans hide billions of dollars from the IRS, Swiss bank UBS returned this year as the main sponsor of one of the great gatherings of the super-rich, the Art Basel exhibition in Miami. … The show opened one month after a federal grand jury in Florida indicted the head of UBS's worldwide wealth management business, Raoul Weil, for his alleged role in helping thousands of Americans hide their money in secret accounts set up by UBS. … According to the indictment, UBS bankers 'solicited new business from existing and prospective United States clients at Art Basel Miami Beach.' 'They sent their salespeople here. They have encrypted computers. They smuggled assets out of the country to help those people conceal what they should have paid the IRS,' said Jack Blum, a Washington tax lawyer and consultant to the IRS. 'So the question is, why should a bank like that be allowed to continue in business?' said Blum of UBS." B12 Raoul Weil, Chairman and CEO of UBS Global Wealth Management & Business Banking and member of the Group Executive Board, had been indicted by a Federal grand jury in the Southern District of Florida in connection with the ongoing investigation of UBS's US cross-border business by the US Department of Justice. The case is U.S. v. Weil, 08-60322, U.S. District Court for the Southern District of Florida (Fort Lauderdale). As a known US flight risk, Weil was not made to surrender his Swiss passport or make a substantial bond by the US Justice Department. At first chance UBS Chairman Weil was allowed to escape the US for Switzerland. UBS sponsored the Miami Basel Art Show and continues in related US offshore real estate tax scams with foreign nationals. USA AG Holder will not take any action against UBS. The beat goes on with UBS Obama foreign donations continue to accrue in the Obamam Presidential Libreary+ offshore UBS AG secret numbered accounts. The UBS new scheme is prospective clients must meet UBS AG Swiss representatives offshore. US Federal Attorney General Eric Holder continues to give UBS and its highness officials immunity from prosecution, for something. US Federally unregulated UBS Utah Industrial Bank continues as lead benefactor of Utah Symphony while using blatant misrepresentations soliciting US citizens by emphatically saying in advertisements it is US Federally regulated national bank. It is not.
Raoul Weil
UBS CHAIRMAN AXEL WEBER HAS DETRACTORS WATCHING HIS CAREER, WAITING
Crooked Timber reports: "Axel Weber, formerly the ultra-hawkish head of the Bundesbank went straight from that job to the chairmanship of UBS, of which the NYT recently wrote: 'The bank's recidivism seems rivaled only by its ability to escape prosecution' (with a readership comment: 'And Axel is also on the faculty of the University of Chicago's business school, where no doubt he feels right at home with political hacks such as Casey Mulligan and John Cochran.') " B13 Chicagoland is an incubator of many questionable concepts, actions and players! Will Axel's introspection be enough?
Obama and Axel
CONTROVERSIAL PALM BEACH LAW FIRM LINKED TO SCANDAL RIDDEN UBS CITES KICKBACK IN COURT
Orlando Sentinel reports: "Heirs to the Gannett fortune say a law firm improperly put one of its clients in charge of their father's estate. Frank and Charles McAdam III are suing attorney Daniel Hanley and his West Palm Beach law firm, Gunster, Yoakley & Stewart. The brothers say the law firm wrongly let J.P. Morgan Trust Co. handle the estate of Charles McAdam Jr. Louis Mrachek, who is representing Hanley and the law firm, said his client did not funnel work to J.P. Morgan as some kind of kickback. ... Plaintiff's (McAdam) counsel told the jury that this case is 'like Robin Hood in reverse. You steal from the rich and put it in your own pocket. That's what these folks (Daniel H Hanley, Gunster Yoakley et al) did.' … The court observed that stealing could or might be encompassed within a claim for breach of fiduciary duty." B14 Charles McAdam v Gunster Yoakley (on appeal Case # 4D06-1594, West Palm Beach, Florida Courthouse) Daniel A Handley and his Gunster Yoakley & Stewart law firm had been successfully sued for more than $1,000,000 by the Gannet heirs. Similar acts now being perpetrated with UBS upon the estate of Eunice and Robert L Gardiner
Letters to the Editor:
Gentlemen and Women:
You must remember that UBS was in very bad shape before they'd gotten a U.S. Government AIG counter party $5,000,000,000 bailout. UBS 1285 Avenue of Americas boys decided with the UBS AG Zurich office to make unilateral phony "toxic and vomit" fictitious transactions on UBS client accounts guaranteed to loose. UBS then told their clients that all of their money had been lost. It wasn't. It was converted/stolen by UBS in this phony scheme. UBS viciously goes after any client who questions their scheme with the phony UBS Utah court. To cover any U.S. Government scrutiny UBS bought off Obama with massive campaign donations. U.S. Attorney General Holder lifted UBS criminal parole while being alerted to continuing UBS criminal acts. Holder has kept U.S. prosecutors from investigating UBS any further. It was a successful caper until UBS Client Mallard and others challenged it. We read the U.S. IRS has been given phony transaction documents by UBS as truthful compliance. This may well be the Achilles heel of UBS. We at UBS are all disgusted at what UBS has attempted on elderly like UBS Client Mallard. Let's hope he uses his evidence wisely through media like you. UBS has all other eventualities covered, believe us. We saw that Swiss and other European media have picked up on it. You're admired and respected because your group has not mentioned any of your reliable sources or other confidentiality. Bradley doesn't have to worry anymore with his $104,000,000 reward. This gives UBS whistleblowers another chance. You guys are right on target. UBS Reliable Source at Avenue of Americas
Dear Editor:
We've read your newsletters mentioned in our Swiss paper. It's horrible that UBS is doing these things to elderly Americans. It's worse when we find your President is part of the scheme. It worry's us when we find UBS is assisting the bringing down of America to a third world country.
Swiss Citizen educated in America
Editor:
That arrogant smirking bastard Hauphauser should be in prison instead of SEC and Justice allowing him to practice law while on suspension. UBS is just taking advantage of a corrupt Washington by converting assets from elderly clients and giving a commission to the Washington politicos. No one likes UBS on The Street.
NYC Financier
Our Saviors:
Alas, you are outing the main culprit of the EVIL EMPIRE. UBS still has the gold teeth of my Holocaust family victims in their Swiss vaults. I am spreading the word in Boca about your investigation. Some of us see they have put a few Jewish employees on UBS brochures but we have seen that tokenism before. Keep up the good work.
Ira from Boca Florida
All of you:
I resent my name being used in such a way in your so called newsletter. I'll sue you for slander and liable for putting me on the Internet. My kids and their friends read my name on google. These
are things that should be kept private. UBS has resources we use all the time against people like you. I can use them at little expense to
me or others. We're covered. You don't have freedom of speech. The internet should be censured from people like you. I want a retraction
immediately. We're going to shut you down very soon anyway. You can't fight our legal power. All bases are covered. We will crush you all, literally.
UBS (cheerleader)
Dear Editor:
Keep up the good work for freedom of the press and free speech. You're an inspiration to all those studying Journalism. We saw you site on our school bulletin. We see you have been members of CPJ (Committee to Protect Journalists). If you need us we will willingly assist you.
Aspiring Journalist
Sir:
You are why governments should restrict the Internet. These confrontations should be left to the privacy of our courtrooms and confidentiality of lawyers, not for public venue.
Washington lawyer
Dear Readership:
One can readily see an emerging pattern of alleged criminality by UBS, not only within the US but also throughout world. These infractions go unreported in many countries because UBS is allegedly working with the political operatives in control of those countries. President Obama openly committed himself to properly prosecuting UBS for their blatant disregard of US law. We are still waiting. We have also seen UBS run rampant over US taxpayers and UBS employees. Attorney General Holder is on record saying the Justice Department will not prosecute UBS and has never indicted UBS top officers. We are receiving an inordinate amount of emails regarding Axel Weber. Axel's detractors have given us many verifiable facts either corroborated by our reliable UBS sources or noted by past briefly reported instances. This occasionally happens when high visibility people of interest are vetted by us. Sometimes UBS detractors attempt to plant disinformation on those vociferous such as Axel. Our readership has a strong inkling we pass on our information to specialized international media who then further investigate. Our one issue secondary news source status makes for very cost effective reporting for others, especially the ethical. How can UBS refute the our corroborating documents, other than by shutting us down. We have again been alerted UBS is allegedly intrusively attempting to tamper with our confidential Internet information. Freedom of speech advocates as well as concerned media have been alerted to UBS deviousness and are waiting for UBS to make any move to shut us down, again. We had a crash and are currently re-editing our newsletter. We got shut down when UBS Client Mallard started dealing with various US Congressional Committees by directing legislative assistants to our site. We and our guardian angels quickly identified and rectified the problem. UBS refuses to comply with US Federal IRS by documenting their supposed UBS Client Mallard and other transactions. Swiss UBS AG is attacking our inalienable right as US citizens to Freedom of Speech. .