Rumors and Opinions Thursday Morning

Rumors and Opinions Thursday Morning

09/18/2014

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EXOGEN September 18, 2014 at 9:10am DEFINITION of 'Margin Call'

A broker's demand on an investor using margin to deposit additional money or securities so that the margin account is brought up to the minimum maintenance margin. Margin calls occur when your account value depresses to a value calculated by the broker's particular formula.

This is sometimes called a "fed call" or "maintenance call."

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EXOGEN:   http://demonocracy.info/infographics/usa/derivatives/bank_exposure.html

EXOGEN September 18, 2014 at 9:06am

The International Swaps & Derivatives Association said it postponed the biggest overhaul to the $18 trillion credit derivatives market in more than a decade to give investors more time to prepare for the changes.

New rules governing credit-default swaps will take effect Oct. 6 rather than Sept. 22, ISDA said in a statement yesterday. The changes seek to fix flaws in sovereign and bank insurance that prevented some contracts from paying out as intended during the financial crisis.

As part of the overhaul, the list of events triggering swaps is being expanded to include bail-ins, where investors are forced by regulators or governments to contribute to bank rescues. The new definitions also explicitly insure against debt writedowns, bond exchanges or conversions of debt into equity.

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SD Cool September 18, 2014 at 9:50am So here's my 2 cents worth. This is the best news that EXO has posted in a while. Why? Because the shape shifting elephant in the room has been exposed. IMO This derivatives market has the potential to crush the world economy. The FED RES and City of London are complicit in derivatives. Now that this market is responding to the GCR we know things are serious and moving in the right direction. The derivative position in the US has great influence on the value of our post RV dollar too. 

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TNT:

 Suri : I HAVE BEEN IN THIS FOR ALMOST 6 OR 7 YEARS. LOST TRACK. HAVE I WOKEN UP DISAPPOINTED? YES YOU BETTER BELIEVE IT, BUT HAVE I EVER COME INTO A FORUM OR CHAT AND SPEWED MY FRUSTRATION ON EVERYONE? NO!!!! BECAUSE I HAVE THE CHOICE TO BE POSITIVE BECAUSE I KNOW THIS WILL HAPPEN ONE DAY, AND IT MIGHT NOT BE IN THE TIMING I WANT IT TO BE. BUT IT WILL HAPPEN.

DO NOT LET THIS THING CONTROL YOUR LIFE. RUN YOUR LIFE LIKE YOU NEVER EVEN KNEW ABOUT THIS INVESTMENT. THIS INVESTMENT SHOULD BE A BONUS TO HOW YOU ARE ALREADY LIVING AND RUNNING YOUR LIFE.

Dinaratt: several people have said that the Paris Club payments are due between 9-17 and 9-20 in re-valued dinar and not in dollars.

Iko Ward:  I just googled Paris club payment. Says from the 17th - with in IQD.

Daz:  AND IF THOSE PAYMENTS ARE IN FACT "LINE ITEMS" IN THE BUDGET...ITS LOGICAL THAT NO PAYMENTS CAN BE EFFECTED TILL THE OFFICIAL BUDGET AND NEW VALUE IS IN EFFECT

Gnosis:  formals vote for two ministers put off till Saturday... ?   LINK

Saila: THEY CAN GO INTO EMERGENCY SESSION AT ANY TIME FOR ANY ISSUE.

Dinaratt:  According to the Paris Club's web-site, they have forgiven 80% of Iraq's outstanding debt, leaving only 7.8 billion outstanding, and list no due date. They also might accept currency swaps in lieu of payment. Hard to tell if the 17-20th deadline is accurate info.

Devinehealth:  congradulations scotland voting on their independence today..i wonder how the iraqi people will react when their own government continues to withhold theirs.

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KTFA:

walkongstick :Parliamentary sources: Obama may visit Iraq
18/09/2014 01:46 |

Iraqi parliamentary sources expected that the American President Obama to visit Iraq during the next few days.

The sources said the parliamentary refused to disclose Gunn itself Agency / Source News / The American President will visit Baghdad in the framework of a Middle East tour possible to ask for support from countries in the region in the war waged by Washington and its allies against the organization of the Islamic State in Iraq and the Levant, known as Daash.

She added that the UN Security Council will meet tonight, headed by John Kerry to issue an international resolution gives the United States and its allies the right to use force against Daash in Iraq and Syria.

The sources pointed out that President Obama will visit Iraq to provide American support for the Iraqis and especially congratulate President Abadi on the occasion of his success in the formation of the Iraqi government's overall core components of Iraq and the emphasis on arming the Iraqi army Ended 19 / k

l-news.net/index.php/policy/58515.html

Bandit:  Wow ! This would be a first. I think Frank said O has never been.

http://www.dinarrecaps.com/our-blog/rumors-and-opinions-thursday-morning

DC

DC 

   Parliament has been meeting, and all the ministers are seated and done.  Cards 

are loaded, and the rates have changed a little bit.  We understand the numbers may 

have been adjusted downwards just a little bit in line with earlier budgets.  Those are 

the numbers with which they are loading some of the cards. Everyone is ready 

across the world, so I think it looks phenomenally good right now.  Iraq is ready, 

waiting on CBI to do its stuff, waiting on them to have their procedures all right and 

tight, and from there it will be 2-15 minutes to go around the world.  We are highly 

optimistic that this is coming to an end

Tidbits from Frank26 and KTFA Members Thursday AM

Tidbits from Frank26 and KTFA Members Thursday AM

09/18/2014

KTFA:

walkongstick :Parliamentary sources: Obama may visit Iraq   18/09/2014 01:46 l-news.net/index.php/policy/58515.html

Frank26: OH H#@%! NO !!!!!!!!!!!!!!!!!!!!!!!!   Yet?

This is fascinating.   How?

Note how the pendulum swings in the direction of the GOI yesterday and today from 5 days of straight CBI TALKING.

Then yesterday a 7 year financial report is presented to the GOI by DADDY. 

That's like finding the missing link to their economy.
....

That's like taking a giant eraser and cancelling all of their economic mistakes in order to ........... START ANEW !!!

So.

To actually see a suggestion that o may NOW travel to Iraq is something SERIOUS to consider.

Why?

Because such things as the obliteration of their GOI history mistakes AND the unwanted visit of o IN THE MIDDLE EAST .......... IMO ............ Has been saved for the end of the MR (Monetary Reform) of the IQD !!!

There is absolutely NO other logical reason to insult Iraq this way when DADDY is advancing so much with the GOI and CBI.

My TEAMS are is shock ....... Not in awe of this statement.

Finally ......... Today's articles IMO are pointing at LAWS and the GOI.

KTFA,   Frank

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Robdel :  Frankie Frankie I hear the US government a.k.a. daddy is once again causing delay in the formation or completion of the government of Iraq. Is this true? If we do not like the minister of defense that Abadi is trying to bring why don't we just tell them who to put in charge? Get this thing over with!

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Frank26:   There is no delay in getting IT correct to perfect ......... This time around.

But more significantly ......... DADDY controls the remote CONTROL right now!

BTW ........ DADDY is NOT The USA.

It is a group of 12 families.

Aloha ...... KTFA,   Frank

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boxman » September 18th, 2014,

o to Iraq...as i said before the hard part is getting the white horse and cape on board Airforce 1,...

Here i come to save the day..

Politicians always appear after the problem is solved, by others, to accept the accolades and proclaim themselves as the provider of the solution...has happen since the beginning of time.....

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J+C » September 18th, 2014,

G20 meeting of finance ministers and central bank governors September 19-21 - Jack Lew: More countries should increase Domestic Demand ..

September 18, 2014

G20: Lew .. More countries should increase Domestic Demand

Stockholm, Major economies should invest in infrastructure and take more steps to lift domestic demand, so that the world has multiple growth engines.

It said the United States Treasury Secretary Jacob Lew on Wednesday, according to Bloomberg News.

G20 keeps meeting of finance ministers and central bank governors on 19-21 September.

"To stimulate demand in the short term is a part of the solution," he said.

"It is obvious that some of these questions really need more attention and more discussion. There is no doubt that there is a problem with the growth and demand in many parts of the world," he continued.

He said that growth in the United States is "quite strong".

To a question about the dollar, he said that "a strong dollar has always been good for the United States."

Regarding China, he noted that the country is going in the right direction by letting the currency strengthened. But he criticized the use of an anti-monopoly law to crack down on American businesses and create barriers to doing business.

"What we have to do with China is to talk about how we can remove barriers, not imposing barriers. They need competition in their economics," he said.

Jacob Lew also said they will soon announce measures to discourage companies moving operations overseas to obtain tax advantages. http://bors-nliv.svd.se/index.php/news/detail/4c454952-9d6c-40e1-bdc8-bd2d1d96b372?

http://www.dinarrecaps.com/our-blog/tidbits-from-frank26-and-ktfa-members-thursday-am1

DebTarHeelGirl Thursday AM: "It's Called Smoke and Mirrors Folks!"

DebTarHeelGirl Thursday AM: "It's Called Smoke and Mirrors Folks!"

09/18/2014

KNOW IN YOUR KNOWER THAT THIS RV/GCR WILL HAPPEN = SUDDENLY! 

As I have asked you this before, What are you reading?  What are you believing?  PLEASE KNOW THIS  -

THE REAL INTEL INNER CORE INTEL WILL NEVER EVER BE GIVEN TO ANYONE THAT YOU READ IN CHAT SITES, READ ON DINAR RECAPS OR RECEIVE IN ANY EMAIL.  NEVER!

The REAL INNER CORE INTEL, never being shared in public, is for the protection of the release of the world currency revaluations and its secure processes.

YES there are bad guys, yes there are those that want this to NEVER happen.  You have to understand, the powers of the selected people who are bringing this RV to us are IN TOTAL CONTROL!  There is NO one stopping this.
....

THERE IS TOTAL AGREEMENT AND PROCESSES FOR THIS TO COME TO FRUITION.  YOU AND I WILL NEVER, NEVER BE PRIVY TO THAT – THE INNER CORE INTEL IS REALLY NONE OF OUR BUSINESS!  WE ARE ONLY HERE TO REAP THE BENEFITS OF THE MANIFESTATION OF THE WEALTH TRANSFER!  AMEN? AMEN!!

ALSO KNOW THIS = Iraq is quite fine in all tasks – they are totally ready for an RV!  Remember, they are in a re-birthing process, there will always be governmental and country changes with Iraq FOREVERRRRRRRRR.

Do not associate all their daily “going on’s” with the RV – MOST are NOT related to an RV.  Iraq is waiting on the RV as we are,

THEY WOULD HAVE IMPLEMENTED IT ALREADY IF THEY WERE IN CONTROL!!

Let’s define the stuff you are reading like “O stopping it,”  or “it’s not happening till 2015”:  IT’S CALLED SMOKE AND MIRRORS FOLKS!

WIKIPEDIA DEFINES: Smoke and mirrors is a metaphor for a deceptive, fraudulent or insubstantial explanation or description. The source of the name is based on magicians' illusions, where magicians make objects appear or disappear by extending or retracting mirrors amid a distracting burst of smoke. The expression may have a connotation of virtuosity or cleverness in carrying out such a deception.

More generally, "smoke and mirrors" may refer to any sort of presentation by which the audience is intended to be deceived, such as an attempt to fool a prospective client (OR DINARLAND PEEPS) into thinking that one has capabilities necessary to deliver a product in question.

REST MY DEAR PRECIOUS FRIEND REST – THE POWERS BRINGING THIS RV TO PASS ARE NOT STUPID, SLACK NOR ARE THEY GOING TO ALLOW ANYONE TO STOP WHAT IS SLATED TO BE = THE WORLD GLOBAL CURRENCY RESETS AND SETTLEMENTS OF FINANCIAL REFORM.

ITS PLANNED AND WILL COME WHEN ALL IS JUST RIGHT.

STOP ALLOWING THE POSTS ON THE CHAT SITES AND RECAPS TO DICTATE YOUR PEACE AND TRUST FACTOR.  THE REAL INNER CORE INTEL WILL NEVER BE PUT OUT THERE.

REST IN FAITH, YOU DON’T WANT A PARTIALLY READY RV, YOU WANT A COMPLETE AND READY RV RIGHT? YOUR PRAYERS OVER THIS HAS NOT BEEN IN VAIN –

REMEMBER YOUR PRAYERS AND OUR GREAT & MIGHTY BIG GOD WE SERVE WHO IS IN CONTROL OF ALL THAT EXISTS!   KNOW IN YOUR KNOWER THAT THIS RV/GCR WILL HAPPEN = SUDDENLY!  AMEN?  AMEN!!! All my best to you,   Debbie

http://www.dinarrecaps.com/our-blog/debtarheelgirl-thursday-am-its-called-smoke-and-mirrors-folks

There Will Be Lots Of Fallout No Matter The Outcome Of The Vote Today On Scottish Independence

The Rumor Mill News Reading Room 

There Will Be Lots Of Fallout No Matter The Outcome Of The Vote Today On Scottish Independence

Posted By: Watchman
Date: Thursday, 18-Sep-2014 10:27:53

For those readers who have not followed the uproar and the begging of the banksters and their political lackeys in London, there is lots of rhetoric on both sides to analyze as the polls close a few hours from now... -------------------------------------------------------- Scotland votes on independence from the United Kingdom [today]. I’ll be rooting very hard for a yes vote. The primary reason I strongly support Scottish independence is because it will serve as a beautiful illustration of how civilized unions respond when a geographic territory votes to secede. During all the debate leading up to the vote, no one has suggested that England should or will invade Scotland to keep them in the United Kingdom. A military invasion is, in fact, unthinkable. Hmmm… How are all the neo”cons,” Straussians, Jaffaites, American nationalists, Declarationists (there is much overlap among these) and assorted other Lincoln idolaters going to explain this away? The clear demonstration that territorial secession can happen without bloodshed will serve as a stark reminder to modern day Unionists that our own bloody clash didn’t have to be that way. Some may think this a petty and spiteful reason to support Scottish independence, but as a long time veteran of the intra-conservative internet Lincoln wars, I relish the opportunity to give the other side a great big “Uh! In ya face!” But beyond my possible spitefulness, there are good reasons for conservatives to support ethnic independence movements, Scotland and beyond. Smaller ethnically based states represent a more authentic basis for shared governance vs. the modern nation state which is supposedly organized around some proposition or largely imagined bond, such as the largely imagined bond that says Sunnis, Shiites, Chaldeans, Kurds, etc. all belong together in some figment on a map called Iraq. Early on in the debate over Scottish Independence, I recall something Tony Blair said because I felt he had inadvertently stumbled onto the truth. I have scoured the internet looking for the exact quote without success. As you can imagine, Googling anything with “Scottish independence” in it these days produces a lot of noise. But in essence Blair suggested that a vote for Scottish independence would be a return to an ancient form of government and a rejection of the modern state. (If anyone knows the quote I’m referring to, please send me a link.) Bingo! Spoken like a true Davos Man. And this is precisely why conservatives should support it. The people opposing Scottish independence tell us a lot about why authentic conservatives, as opposed to globalist Homo economicus ideologues, should support it. George Soros opposes Scottish independence in thisFinancial Times op-ed because it would be a blow to “the prevailing international order.” Once again, you’re darn right it would. What he doesn’t say of course, but what he means, is that it would make things more difficult for the prevailing international order of corporatist bankster plutocracy. Soros, echoing his fellow globalist Blair, says Scottish independence would be a “retrograde” step. Amen Brother Soros! Preach on! Additionally, neo”con” guru David Frum opposes independence. Frum lists five reasons why a yes vote will harm American interests as he defines them. All but the fifth reason are outcomes to be celebrated, not bemoaned, by true conservatives. In fact, his article serves as a virtual primer for why right-thinking US conservatives should support Scottish Independence. It will decrease England’s ability to aid the US with our world policing. It will make British withdrawal from the EU more likely. It will paralyze the EU. Well please, please don’t throw me in that briar patch. Some conservatives have pointed out that the Scottish independence movement is largely leftist in character, and this is true to an extent. Unfortunately, independence movements around the globe (America being an interesting exception) have trended toward the left as they were more likely to be embraced by leftists who presumably saw them as a way to strike a blow against the established order. (For those who astutely observe that that is similar to the argument I’m making, keep in mind that I’m inclined toward restoring an older order, not ushering in a new one.) The new Scottish state would clearly have generous social benefits. In fact, both sides of the independence campaign have been promising voters the Moon. But an Independent Scotland would also be more chauvinistically Scottish. Hopefully this would influence the matter of immigration, which is out of control in Britain. Whether they say it or not, independence may be one way of keeping Scotland from turning into Londanistan, like much of England is fast becoming. Also, since Scotland is a leftward influence on British politics, a free Scotland would possibly make the election of a more rightist party, such as the UKIP, a possibility in what remains of the UK. So clearly authentic American conservatives should be cheering on Scottish independence. And after that Basque independence, and Catalonian independence, and Flemish independence, and Russian separatist independence (American conservatives have really bungled this one), etc. And when they’ve had enough of Blue State domination, maybe they’ll wise up and look toward Red State independence. Hat tip to my friend “Harrison Bergeron” for the Soros and Frum links. http://intellectualconservative.com/free-scotland/

Iraqi parliament postpones ratification of the ministers of defense and interior

Iraqi parliament postpones ratification of the ministers of defense and interior

Informed sources indicate that the dilemma of choosing security ministers with more complicated attempts to monopolize Shiite parties portfolios of defense and interior.

BAGHDAD Ahmad military

Iraqi parliamentary sources revealed on Thursday that the vote of confidence in the ministers of defense and interior was postponed for two weeks.

The MP for the mass citizen Hashim al-Musawi, in a press statement, that the vote was postponed on security ministers to two weeks, and that the postponement decision was taken after a meeting of the National Alliance Shiite.

Moussawi said that "the National Alliance decided at a meeting late on Wednesday evening, to postpone the vote on the candidates for the ministries of defense and interior, so as to provide an opportunity for the prime minister Haidar al-Abbadi for the selection of qualified candidates."

The Iraqi Council of Representatives to raise its regular 15, which was scheduled to be completed during the vote on the ministerial cab, to Thursday, after the rejection of most of the members of the House of Representatives, choose all of Riad Ghraib, Jaber al-Jabri to fill positions in the security ministries.

The decision affirmed the parliament Mohammad Niazi Ihsanoglu, said the hearing on Thursday will be the deadline for Prime Minister Haider al-Abadi to provide the names of candidates for security.

The deputies asked about the attribution of Mosul bag for personal defense of the people of the province controlled by Daash since more than 3 months.

The MP for the Union forces, victory Jubouri, at a press conference today ", said that" there are figures from Nineveh province, was nominated to fill the post of defense minister, "pointing out that they" are able to promote the military establishment objectively and professionally away from sectarianism and regionalism. "

She Jubouri that "deputies of Nineveh did not vote on any personality of the candidates for the position of the Department of Defense outside the framework of the province."

And for the Iraqi parliament speaker Salim al-Jubouri, on Thursday to vote on the remaining ministries to future meetings. The sources said that the decision on behalf of the postponement came at the request of the political forces.

According to sources familiar with the differences described Balhadh, between the Badr Organization and its ally, Nuri al-Maliki, Vice President of the Republic on the one hand, and between the wing of the Dawa Party and the Sadrist movement, on the other hand hinder the selection of candidates for security.

The sources add that the Sunni candidates to fill the defense portfolio did not get the support of a political wing (Shiite) led by former Prime Minister Nuri al-Maliki, who is trying to deliver Ewalah candidate for the post of defense minister to ensure continuity in the management of security files from the rear gate of the Government of Abadi.

Intel Guru DC & Poppy 3

9-18-2014   Intel Guru DC   [via Adept1]  Parliament has been meeting, and all the ministers are seated and done.  Cards are loaded, and the rates have changed a little bit.  We understand the numbers may have been adjusted downwards just a little bit in line with earlier budgets.  Those are the numbers with which they are loading some of the cards. Everyone is ready across the world, so I think it looks phenomenally good right now.  Iraq is ready, waiting on CBI to do its stuff, waiting on them to have their procedures all right and tight, and from there it will be 2-15 minutes to go around the world.  We are highly optimistic that this is coming to an end.  

9-18-2014   Intel/Newshound Guru Poppy3   CALL...FROM GREENZONE BUILDING SAYING THEY EXPECT ABADI TO FINIISH MINISTERS TOMORROW [THURSDAY]  AND SEVERAL OTHER VOTES TO TAKE PLACE.  ALL SOUNDING GREAT ON THE STREETS...THERE NO ISIS WITHIN 50 MILES OF BAGDAD AND NEVER HAVE BEEN.  

Vinman

Vinman: Gold under pressure to go live in Shanghai today.

Obama watching for results of Scottish vote for independence today.

Asset-backed currencies under the microscope as is the derivatives market.

Margin calls skyrocketing in derivatives markets.

Derivatives formulas being recalculated

The queen is sweating bullets over Scottish vote.

RV INTEL

9-17-2014   Newshound Guru Tlar   I concur with everything [Guru]  Randy [Koonce] has said.  I am hearing the exact same information.  Our admin caused this delay by putting the stipulation in that the Security Minister must be assigned to activate the currency change and they got the IMF to go along even though their first response was against it.  In order to fight ISIS there should be a head of the military so it is a defensible move to coerce the Iraqi's to move on this ministerial position now.  The CBI has made some important moves today that bode well for a currency change.  They are able, ready and willing if the Minister is seated but best of all, they have the desire and the permission to move if he is.  This thing is close.   [reference Randy Koonce's post below...9-17-2014]

9-17-2014   Newshound/Intel Guru Randy Koonce   We believe that Iraq has stood up and said they need to go ahead with economic progress...Code word RV.  This event is not a requirement but just a recommendation from the USA to slow things down...knowing it is a position of great importance in the GOI... if the Minister does not show then it will be a 50/50 chance that it happens by sunday.  If it does happen I personally look for this to go down by Sunday...I am hoping above hope this is the last time I have to write a note to let people know where we are at...Do not fall for Exchange rates of anything above 4 dollars...you will be dealing with a possible not so upright person.  Do not let your money out of your hands unless you are receiving the exchange rate back at the same time...BE SMART, it is just an exchange, you will be able to go to any bank once the rate shows...We are close..Breathe...Check www.cbi.iq every day to see if it has changed...   [post 2 of 2] [See official CBI rate in the Dinar Guru Resource bar on the left]

9-17-2014   Newshound/Intel Guru Randy Koonce   I am dropping a note to let everyone to know the state we are in...I want to thank Casper & another friend (he does not want his name out there) that wrote the last letter I sent out. I know it looked different but it was from me I was traveling in Kansas City and could not send it out. We sent it out for a two purpose goal... First to let people know that the Pres was interfering with something that he did not need to be messing with.. and the other to let people know how fragile footing we were on...After saying that the Winds have changed in our favor and now we are in a window until Tuesday next week to see this thing come out. The last thing that we are looking for is the Defense minister to show... The Defense should have shown last Tuesday but internal bickering within the Shia group so it was resolved a few hrs after the postponement of the Parliament. So if we get the Minister of Defense then this investment becomes very very very imminent "that is a pretty big word for me" Lol.    [post 1of 2....stay tuned]

9-17-2014   Intel Guru EXOGEN   YOU HAVE TO HAVE A RATE BEFORE YOU OPEN A BUDGET.

9-17-2014  Newshound Guru Millionday    [Any news about the budget?]   THE BUDGET HAS NOT BEEN OPENED YET BY WHAT I HAVE IT IS TO OPEN OCT 1ST.

9-17-2014   Intel/Newshound Guru Poppy3   IRAQ AND DINAR NEWS ALL AWESOME.   LOOKS LIKE ALL THE BANKING LAWS WILL BE VOTED ON THURSDAY AND THEY AT THIS POINT ARE OUR MAIN FOCUS BECAUSE THEY EFFECT THE ACTIONS ON THE RATE CHANGE PROCESS AND IRAQ BECOMING FULL MEMBERS OF WTO SO THEY CAN TRADE INTERNATIONALLY.  ALL THE MINISTER TALK CAN MISLEAD YOU.   THE MINISTERS WILL BE DONE AND IT MATTERS NOT WHO THEY CHOOSE AS FAR AS A RATE ON THE DINAR WE NEED BANKING AND FINANCE LAWS PASSED AND IMPLEMENTED. THIS WILL BE FAST ONCE THEY GET THEM PASSED AND YESTERDAY THEY STATED THEY HAD COMBINED THEM FOR ONE VOTE.

Read more: http://www.dinarguru.com/#ixzz3Ddr8tIcZ

YOU CANT TRUST BANKS

"NY Bank Tellers Accused of Stealing Customers Identity and Money"

09/17/2014

2 Comments

(Note: Now may be a very good time to review all your security and post-RV Plans)

NY Bank Tellers Accused of Stealing Customer Identity, Money

Four local bank tellers and an alleged accomplice were arrested and charged with stealing customer's personal data and using it to remove money from their bank accounts, authorities said Tuesday. Gus Rosendale reports

Wednesday, Sep 17, 2014 • Updated at 9:03 AM EDT

Four local bank tellers and an alleged accomplice were arrested and charged with stealing customer's personal information and using it to remove money from their bank accounts, authorities said Tuesday
....

Over four years, the defendants allegedly stole more than $850,000 from unsuspecting customers at branches of Bank of America, JP Morgan Chase, HSBC, TD Bank and Wachovia in Westchester and Orange counties and the Bronx, Attorney General Eric Schneiderman said.

The tellers allegedly stole Social Security and account numbers from hundreds of customers and used that information to create fake IDs and documents that they used to withdraw money from their accounts at branches in New York, Connecticut and Massachusetts, Schneiderman said.

Among the New York bank branches whose customers were victims of identity theft are:

• JP Morgan Chase:

• HSBC:

• Bank of America:

Wachovia (now Wells Fargo):

The bank tellers arrested and arraigned worked at the following branches:

• Bank of America

• JP Morgan Chase branch,

•  Wachovia branch (now a Wells Fargo bank branch),

All five defendants were charged with grand larceny, identity theft and fraud charges. More charges are expected to brought against the suspects and other alleged members of the identity theft ring, Schneiderman said....... http://www.nbcnewyork.com/news/local/bank-tellers-theft-identity-ring-customer-data-chase-hsbc-tdbank-wachovia-275356591.html