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Bankruptcy fraud class action

Bakenie et al. v. JP Morgan Chase Bank NA SACV12-0060 (C.D.Cal.)


Ernest Michael Bakenie v. JPMorgan Chase Bank, N.A., Case No. SACV12-0060 JVS (MLGx), U.S. District Court, Central District of California.

A federal class action lawsuit is founded on California's unfair/unlawful acts statute and alleges JPMorgan Chase routinely falsifies documents to deceive bankruptcy judges into believing Chase is the beneficiary in bankruptcy cases, and goes so far as to Photoshop documents to “create the illusion” of standing “in tens of thousands of bankruptcy cases.”

The action alleges among other things that JPM engaged in perjury, fraud and intentional misrepresentation by manufacturing a chain of title transfer evidence in order to falsely prove it stands in thousands of bankruptcy matters; andused manufactured evidence to deceive the bankruptcy court and other bankruptcy players as to the identity of the true beneficiary or creditor of Class Members’ non-negotiable promissory notes (MLNs).