The independent audit the lawsuit is seeking of the TARP Program stems from a report by the former Inspector General of the bailout program, Neil Barofsky, who is countering the claims made by President Obama both publicly and privately to Congress that the money has been paid back. Mr. Barofsky asserts that none of the money advanced by the Treasury has ever been paid back by the recipients of the program.
The Plaintiffs have established the location of the $43 trillion of laundered money in a criminal racketeering enterprise participated in by the following individuals:
The lawsuit alleges that the Obama Administration actively borrowed money from these “Banksters” to fund his political campaign in this 2012 Election and has not pursued any criminal charges against them
The lawsuit also claims multiple violations of the United States Patriot Act, along with the Policy of Embargo Against Iran and Countries Hostile to the Foreign Policy of the United States, and the Racketeer Influenced and Corrupt Organizations Act (RICO) and other State and Federal laws by the Obama Administration.
Learn more about what is allegedly the largest money laundering and racketeering scheme in history.