Mortgagee
auctions in Australia a more common than most people are led to believe, with
the corporate media playing the matter down, not in the business of exposing
the backroom deals of the untouchable banking elite.
Westpac bank
is touted as Australia’s first bank naturally brought over from mother England,
with links to the Rothschilds banking family.
Information
from the ‘archives’ has been obtained by corpau of how the (Westpac) bank is involved
in property theft, which includes mortgagee auctions, that are deliberately
devalued by real estate agents, sold under auction for over 100’s of thousands of
dollars less than the true market value, to buyers that have been put in place
to specifically purchase the property for the devalued amount.
In cases
where customers have more than one property with the bank, e.g. the matrimonial
home and investment properties, the bank is involved with the falsifying of documents
including forged signatures of the parties concerned, regarding the transfer to
one owner.
In many
cases the fraud goes undetected by the aggrieved party, only to find out that
they do not own the asset any longer many years later.
Letters seen
by corpau to and from Westpac indicate a cover up of not only facts, but also
any records of the transactions ever existing, with total lack of co-operation
from the bank.
An
anonymous source from within the bank has mentioned that Westpac make a tidy
profit from ‘this business’, which is well known within the banking industry
and is not limited to the Westpac bank, but also involves the ANZ , Commonwealth
and NAB banks as well.
When
reported to police, these matters are usually not taken any further, as this policy is an order
from the top.
Any court
matters that are presented before the ‘County Court’ have to be agreed on by
both parties before they are listed as matters.
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