Fairbanks/SPS victims request a GAO review of USA v Fairbanks
What is the GAO and what do they do?
The GAO was established as the General Accounting Office by the Budget and Accounting Act of 1921 (Pub.L. 67-13, 42 Stat. 20, June 10, 1921). The GAO is widely known as "the investigative arm of Congress" or "the congressional watchdog." GAO is supposed to support the Congress in meeting its constitutional responsibilities and helps improve the performance and accountability of the federal government for the benefit of the American people.
You can learn more about GAO by visiting gao.gov
Why is it important to all victims of mortgage servicing fraud that the GAO review the FTC's involvement of USA v Fairbanks?
For the last year I have been receiving documents and information, collected by the Federal Trade Commission during the course of their investigation of Fairbanks
Capital Corp., through a Freedom of Information Act request (many of the documents have been uploaded to this site here). As a result of this information, in conjunction with documents and information obtained from the USA v. Fairbanks and Curry v. Fairbanks case files at the Joe Moakley Courthouse in Boston, and independent research, I have come to the very strong opinion that the investigation into and prosecution/settlement of USA/Curry v. Fairbanks by the Federal Trade Commission was at best incomplete and possibly even more damaging to the very victims that it was supposed to protect and restore. It is my humble opinion that if the victims of Fairbanks/SPS were not protected and in fact actually further damaged, there is no reason to believe that victims of any other mortgage servicer engaging in the same behavior will be treated any differently.
Exhibit C part I
Exhibit C part II
Exhibit C part III
Exhibit C part IV