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Saturday, August 28, 2010

Infinite Freedom Foundation of King County has Filed a $500 Trillion Fraud Claim

The Infinite Freedom Foundation of King County has Filed a $500 Trillion Fraud Claim With the United States Securities and Exchange Commission related to the system of fraudelent banking that has evolved over the past 100 years.

More than 300 Million Americans continue to be fleeced of their hard earned pennies by a national government that has become part and parcel to the Octodragon according to IFFKCDirector Gabor S. Acs, Hungarian born trillionaire!


There is a new clause within the financial reform legislation which is offering big cash rewards to whistleblowers who report fraud and other wrongdoing at U.S.-listed companies and Wall Street banks.

Comes now the Infinite Freedom Foundation of King County, Global Management Arm of the International Bank Activities Reform Commission founded by Gabor S. Acs to file a fraud claim against more than ten thousand banks and financial organizations in the United States.

These groups of people operating under the heading of "banking" have fleeced more than 300 million Americans for the past 100 years as part of a massive ponzi scheme which has bankrupted the planet and put untold stress on billions of people.

Under the new SEC program anyone who provides a tip that leads to a successful Securities and Exchange Commission action will be able to collect between 10% and 30% of the amount recovered — as long as the total amount exceeds $1 million.

The Infinite Freedom Foundation of King County has hereby filed a claim of $500 Trillion Dollars against 10,000+ Commerical Banks that operate more than ten million money outlets for their continued fraud upon society around the planet through their employees, agents, electronic money transfer machines and computers connected globally through the world wide web!

This means the minimum payout is $100,000. The whistle-blower could be a company insider or a private investor, if they're able to offer information or analysis that leads to an action.

Potential payoffs netting millions — or even tens of millions — of dollars, experts are bracing for a huge surge in tipoffs.

The Infinite Freedom Foundation is the sole sponsor and financial source for funding for the operations of the International Bank Activities Reform Commission which is headquartered in Budapest, Hungary.

For the past twenty years IBARC has been investigating the networks of fraud created by a global web of banks which create money out of thin air and rob people in general of affordable housing, affordable food, affordable cars and transportation and even affordable health care through a gradual process of coordination of inflation of the money supply and monopolistic control of interest rates through chronic violations of the Sherman Anti-Trust Act.

Money can be "extraordinarily effective" in getting people to blow the whistle when they see fraud, said John Phillips to a Time Magazine Reporter, whose law firm Phillips & Cohen LLP specializes in whistle blower cases.

In America, "Money is the law", said Gabor S. Acs, Director and one of the Founders of the Infinite Freedom Foundation!

The U.S. Government evidently agrees. "We expect the awards will prompt a significantly greater number of insiders to come forward with high-quality evidence of fraud," SEC spokesman John Nester told the press and Time Magazine.

Gabor Sandor Acs worked in the mortgage industry for ten years! He then investigated all the secret bank accounts of every politician and fortune 500 Company on the planet with the help and aid of L. Ron Hubbard and his international intelligence agents called Sea Org Members for the next twenty years.

"Banks and the banking system are the fourth dynamic engram that is and has been suppressing the planet more than anything at any time prior to now in history," said Gabor in a press release to all his friends at Celebrity Center in Hollywood, including Tom Cruise and John Travolta!

In the past, the SEC's whistle blowing program was limited to insider trading cases and offered only small discretionary, rather than mandatory, rewards ranging from 0 to 10% of the money recovered. "It was completely ineffectual, completely discretionary," says Phillips.

"We have the highest-quality evidence of fraud anyone can find after thirty years in the banking industry inside of it and outside of it", said Gabor.

According to the Time Magazine article, "The narrow scope and poor cash rewards generated little response: Since the program's launch in 1988, only 14 applications led to actions where a civil penalty was ordered, and only eight cash awards were handed out totaling $1.16 million, according to SEC officials.

"The largest award came last month when the ex-wife of a hedge fund adviser at Pequot Capital Management was awarded $1 million for her role in providing information that led to Pequot paying $27 million to settle an insider trading case involving Microsoft securities.

Microsoft, Bill Gates and Warren Buffett have both been under investigation by the Washington State Chapter of the Bank Activities Reform Commission which allegedly has evidence that Microsoft stock has been manipulated continuously since it first went public.

According to the Time Magazine Reporter, "this legislation extends the program beyond insider-trading cases to all securities law violations and, most importantly, offers bigger payoffs and therefore bigger incentives to speak out.

"People can report almost any securities violations, ranging from money laundering, accounting fraud and ponzi schemes to bribery. SEC will be looking at not only independent knowledge, but even analysis as proof.

An academic, private investor, or even a journalist or a securities analyst who conducts independent research and uncovers fraud based on that research could collect an award if their information is new and leads to an action. The key word is "collect".

Gabor says, "It is a broad and well known fact that almost all SEC Lawyers cannot perform even the slightest deductions of logic when it comes to sifting through data and very few lawyers have been trained in scientific logic and reasoning technologies, that is partly why the whole system of money on this planet has become suppressive to the best interests of the future of humanity.

According to Janet Morrissy, author of the Time piece, "You can have people who might have done analysis for academic reasons or personal trading reasons or research that they sell, that they may now... provide the SEC with an eye toward getting a bounty," quoting Paul Leder, a partner at Richards, Kibbe & Orbe LLP and former SEC official for 12 years.

"Leder noted how the options backdating scandal in 2006 stemmed from academic articles that described how the option grants to executives and board members were extraordinarily well-timed. The SEC picked up on the analysis and wound up filing dozens of cases against companies and executives."

"Even a CEO could squeal on his own company as long as he wasn't personally convicted in connection with the fraud. "Yes, to the extent that they themselves are not culpable," says Phillips. "You can't initiate the fraud and then go collect on it."

"Believe it or not some greedy bankers will set others up for falling on their own swords as this program is implemented", said Gabor.

Under the new whistle blower program, the Infinite Freedom Foundation is asking for a 30% reward of the $500 Trillion in Fraud Claims it has uncovered against the banking industry in America alone.

That's $150 Trillion just for reporting the system of finance that has bankrupted hundreds of nations and has bankrupted the planet overall.

When asked what the Infinite Freedom Foundation would do with the money it seeks Mr. Gabor said, "loan it back out interest free and finance the engineering of a 10,000 for 1 reverse split of all dollar denominated assets in the world.

"It's all about standards of weights and measures and without them no money system can be honest."

Using 1909 as the base year for a monetary standard of value for money and the regulation of its' future value, and comparing these figures with current prices of stocks, bonds, and basic commodities, the Foundation has shown through its' research that prices have been deliberately and with scienter been inflated by at least 10,000% over the past 100 years.

The SEC knew or should have known about this system of robbery since its' inception after the great depression.

Joseph Kennedy's family karma is further evidence of this robbery. Kennedy was the first appointed Chairman of the SEC which today has an annual budget in excess of one billion dollars.

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