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Bank of America Elizabeth Dudley Jones These are the kind of people who work for bank of America Elizabeth Dudley Jones SVP chesapeake Virginia
FUEL TAX EVASION HIGHLIGHTSA Report on the Activities of theJoint Federal/State Motor Fuel Tax Compliance ProjectU.S. Department
of TransportationFederal Highway AdministrationVolume 6, Number July 1997IN THE NEWS
Four men and 1 woman have been indicted in a Federal investigation into a 3-state fuel tax scam. Arrested and charged are John Doherty, with conspiracy and falsifying tax records; James Gaudet, with conspiracy; Douglas Hatter, with 2 counts of perjury; and James Lee, with conspiracy. Ann Gaudet Young is a fugitive. The Advocate, Baton Rouge, LA, 1/13/97David H. Werdine of Schmock Oil Corporation, Michigan City, IN, was arrested on charges of failing to remit fuel taxes. The Indiana Department of Revenue's Criminal Investigation Division uncovered Werdine's blending scheme where he mixed kerosene with diesel fuel, charged the customers the fuel tax, but did not report or remit the taxes on the kerosene. The alleged acts took place in 1993, 1994, and 1995. He is charged with 28 counts of failing to remit special fuel tax, failure to pay taxes on blended fuel, and theft. If convicted, he could face from 1 1/2 to 3 years in prison and a possible fine of $10,000 on each count. Indiana Department of Revenue, 1/15/97; Oil Price Information Service, 2/28/97
Dana P. Brewer, president of Petroglobe Inc., was sentenced to 2 years in prison for failure to pay approximately $1 million in fuel taxes. He was convicted on May 13, 1996, of conspiracy to defraud the Treasury during 1993. Brewer admitted to falsely representing Petroglobe as being registered with the IRS so he could buy diesel without paying the tax up front. He then purchased nearly 5 million gallons of fuel which Petroglobe and a second company, Hiway Enterprises, sold tax paid. Youssef Kamel Keroles, owner of Hiway, was convicted of conspiracy and sentenced to 27 months in prison and 3 years supervised release, and to pay a $45,000 fine and $864,315 in restitution. Peter J. Nudo, CFO for Petroglobe, was convicted of corruptly obstructing and impeding the IRS. Business Wire, 1/14/97Carroll R. Moore, former owner and operator of Moore's Waste Oil Service in Chesapeake, VA, was sentenced to 180 days home detention, 3 years probation, $2,700 restitution to the IRS and a $100 special assessment. Moore pled guilty to charges that he knowingly marketed "off-specification" oil and failed to report income derived from the sales. The off-spec oil was sold through Domestics Industries Corporation of Virginia, a home heating oil business, as heating oil from August 1990 through July 1992. William "Buddy" Jones (Father of Elizabeth Jones Dudley Bank of America SVP) and 3 others were convicted on various charges relating to the theft of oil and a scheme to fraudulently supply contaminated and off-grade fuel. The investigation was conducted by the Defense Criminal Investigative Service (OIG, DOD), the Naval Criminal Investigative Service, the FBI and IRS. Audit assistance was provided by Defense Contract Audit Agency. Office of the Inspector General, Department of Defense, 1/15/97 http://www.fhwa.dot.gov/policy/hl97jul.htm
3 Updates & Rebuttals
teresa s.
United States of AmericaSAD BUT TRUE!
#4General Comment
Tue, October 11, 2011
Sad this woman is victimizing an ex-lover to cover her sexual exploits for years behind her husbands back...Lies just to cover her tracks and a continued attack against an innocent victim who was mislead for years. I'm going as a witness to years of sexual skyping and exploits in three states.
greatbridge.va
Virginia,United States of America
Bank of America to Lay off Thousands
#4UPDATE Employee
Wed, August 24, 2011
Bank of America Plans Big Layoffs to Cut CostsBy NELSON D. SCHWARTZ
Published: August 19, 2011RECOMMENDTWITTERSIGN IN TO E-MAILPRINTREPRINTSSHAREBank of America is set to eliminate at least 3,500 jobs in the coming months, as the beleaguered financial giant seeks to cut costs and restructure amid deepening shareholder dissatisfaction.RelatedDealBook: Memo From Bank of Americas Chief Executive(August 19, 2011)Times Topic: Bank of America CorporationWith its stock down more than 50 percent since January, the job cuts by Bank of America may be only the start of a broader restructuring at the company, which is the nations largest bank. Brian T. Moynihan, the chief executive of the bank, has said that he hopes to trim quarterly expenses by $1.5 billion. Thousands more job cuts are likely in the months ahead.I know it is tough to have to manage through reductions, Mr. Moynihan wrote in a memo to the companys senior leadership late Thursday that outlined the cuts. But we owe it to our customers and our shareholders to remain competitive, efficient and manage our expenses carefully.In the memo, obtained by The New York Times, Mr. Moynihan said the companys broader revamping effort was nearing completion of its first phase, which examines the consumer business and support functions. A third and final review is set for early September.The company plans to announce the first results of that project next month, which could include further job cuts that would total more than 10,000.Mr. Moynihan said in the memo that the company had already begun to tell the 3,500 employees that their jobs were to be eliminated, and that the reductions would come throughout the company. Bank of America, which has roughly 280,000 employees, cut about 2,500 jobs in the first half of the year.Even more than its large rivals, Bank of America has been battered particularly hard by the bursting of the housing bubble and the surge in foreclosures. It has already suffered tens of billions in losses tied to its disastrous acquisition in 2008 of Countrywide Financial, the subprime lender that has come to epitomize the excesses of the housing boom of the last decade.Investors are also pressing the bank to buy back billions of dollars in securities it assembled from mortgages that later soured. In June, it agreed to pay a group of investors including Pimco, BlackRock and the Federal Reserve Bank of New York $8.5 billion to settle a portion of these claims.While the settlement represented the culmination of months of negotiations and was seen as an attempt by Mr. Moynihan to finally put Countrywides disastrous legacy behind the company, investors remain skeptical.Earlier this month, American International Group, the giant insurer, filed suit against the company over mortgage backed securities it assembled, and investors fear the June settlement may actually spur more litigation, rather than resolve it.The latest job cuts, which were first reported on the Wall Street Journals Web site late Thursday, will also hit the companys Merrill Lynch unit. Bank of America agreed to acquire the firm at the height of the financial crisis in 2008. While Merrill has proved profitable more recently, trading volumes and the flow of deals have slowed substantially in recent months, making it vulnerable to further job reductions.Despite the huge settlements and other write-downs, Mr. Moynihan has said that he does not plan to issue more stock to raise new capital. Instead, the company has been engaged in the corporate version of a yard sale in recent weeks, raising billions of dollars as it offloads everything from its Canadian credit card business to several commercial real estate properties.In the recent market downturn, Bank of America shares have been especially hard hit. Since the beginning of the year, Bank of America shares have fallen from $15 to a closing price of $7.01 on Thursday.While the markets reflect many economic factors we cannot control, we must stay focused on what we can control, Mr. Moynihan said in the memo.
Karl
Highlands Ranch,Colorado,
USA
FRAUDSTER POEM...
#4Consumer Comment
Tue, August 16, 2011
is available at this website!
Just type in 502469 at this site and it appears as 'Consumer Comment #50 at Ripoff Report #502469.
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