The People vs. The Banks
VANCOUVER,
BC, Aug. 24 /CNW Telbec/ - Almost five months to the day of the initial filing
of the biggest class action suit in Canada, John Ruiz Dempsey on Behalf of the
People of Canada versus Envision Credit Union, Laurentian Bank, CIBC, Royal
Bank, Bank of Montreal, TD Canada Trust, The Canadian Payment Association and
others, the lawyers representing the financial institutions are gathering steam
to try to stop John Ruiz Dempsey, a criminologist and forensic litigation specialist
from proceeding with their application to the court to strike Mr. Dempsey's
statement of claim in whole or in part. Hearings are set for September 12 and
13 at the Supreme Court in Vancouver. The statement of claim alleges among
other things, creation of money out of nothing, fraudulent misrepresentation,
money laundering, fraud, charging of criminal interest rates and breach of
contract. A copy of the Statement of Claim is available for download through http://www.freewebs.com/classaction/.
"This
without a doubt will be a precedent setting case, that is sure to change the
face of the banking system in Canada forever. Without even taking into
consideration the potential damages, the sheer numbers of people alone who
potentially can participate in this action, will in my estimation make this
case the largest lawsuit ever filed for Class Certification in this
nation", stated John Ruiz Dempsey.
The
banks are being represented by two of the largest law firms in Canada such as
Borden Ladner Gervais with 670 lawyers and Fasken Martineau Dumoulin with 500
lawyers. This is clearly a David and Goliath case where these lawyers are
moving to tread heavily on Mr. Dempsey and the People of Canada he represents.
News Conferences
are currently being arranged and will be held September 9 in Vancouver and
Montreal. Various citizen freedom movements and other special interest groups
representing thousands of Canadians from across Canada are expected to rally in
support of this action. Media representatives wishing to attend any of the News
Conferences, or wanting to ensure that they are on our mailing lists, or
wishing to arrange for interviews with legal, forensic and other experts after
any of the News Conferences, should call to ensure that their current
information is on file.
In
Montreal, Quebec Contact: Bruce Margolese (514) 294-3284 E-Mail: [email protected]
In
Vancouver, B.C. Contact: John R. Dempsey (604) 597-1475 E-Mail: [email protected]
or [email protected]
Since
sending out a News Release in April announcing the filing of the Class Action
Law Suit, we have been inundated with calls from persons asking if it is too
late to become involved.
The
answer is NO. As long as you fit ANY ONE of the five criteria listed below, you
can apply for registration for Class Participation. While we would like those
interested in becoming involved to do so on a timely basis, as it adds strength
to our efforts, a cut-off date for participation will be established (I believe
by the court at a future date).
The
criteria for participation is as follows:
1. If
you have been involved in any kind of loan transaction with any bank or
financial institution you are eligible to participate;
2. If
you did not know that banks and financial institutions are engaged in illegal
creation of money, you are eligible to participate;
3. If
you were told by your bank or financial institution they loaned you money
without receiving "cash" or "legal tender" money or
currency, you are eligible to participate;
4. If
you were unaware that the bank or financial institution made you sign a
promissory note or loan application form and 'monetized' the said note or form
by way of your signature, you are eligible to participate;
5. If
you or your family have suffered or are facing foreclosure or seizure of
property or debt collection by banks or financial institutions as a result of
any loan or debt transactions with any bank or financial institution, you are
eligible to participate.
It is
important to note that you DO NOT have to be object or victim of any debt
collection, foreclosure or any other legal proceeding to participate. It is
also important to note that having your "debts" to any bank or
financial institution, DOES NOT PRECLUDE YOU from registering to participate in
this legal action.
IF
YOUR REASON FOR PARTICIPATION IS AS A RESULT OF YOUR SITUATION FALLING INTO CATEGORY
3) OR 5) ABOVE, PLEASE PROVIDE FULL DETAILS.
HOW
TO REGISTER:
Information
are available from our website: http://www.freewebs.com/classaction.
Alternatively,
you can drop us a note, stating your desire to participate in accordance with
the applicable criteria itemized above to effect your participation at this
time. However, the above mentioned website contain valuable information
regarding banking fraud as well as a very important information regarding class
action suits, the legal system, bank fraud and scams, illegal debt collection
which you should be aware of prior to your next visit to a bank or financial
institution.
If
there is more than one person in your family wishing to participate, each participant
should fill out a registration form. Where children under the legal age are
involved, parents or guardians should complete a registration request for each
child, on their behalf.
Please
ensure that all requests for registration are legible and contain your full
name, complete mailing address, phone numbers and fax numbers and e-mail
addresses where applicable. It makes our job of communicating with you that
much less costly and more efficient.
For
further information: In Montreal, Quebec, Contact: Bruce Margolese (514)
294-3284, [email protected]; In
Vancouver, B.C., Contact: John R. Dempsey, (604) 597-1475, [email protected] or [email protected]