This website is dedicated to all the victims of Wells Fargo & ORIX's predatory lending and discriminatory practices including;

1) All borrowers and guarantors who lost assets, were stripped of equity, incurred physical and emotional injuries, or lost their lives upon loss of their life-time earnings.

2) All investors who have lost their pension funds and retirement investments in CMBS bonds (certificateholders).

3) All taxpayers who have to pay the banks trillions of dollars (via bailouts) for the banks' wrong-doings.

4) All tenants of the seized commercial and residential properties who suffered neglect and mismanagement at the hands of Receiver/Keepers of the seized properties due to health and safety violations, fires, shootings, theft or drowning.

       Especially the owner of Lakeside Plaza, Eugene Horback, who died of a heart attack after his property was seized as reported in ORIX' servicing report. Also, Justin & Daren Ruffin, twin brothers that drowned in a seized apartment's pool.

Summary:

I did the research and discovered the fraud/violations and started a site about it. Around the same time I (my company which had invested in securites which were being screwed/mismanaged by Wells Fargo) filed suit in the Federal Court of Dallas. The proofs and explanation can also be found in the complaint. They sued and deposed my 14 year old brother, Darius, simply to harrass the family, as he had no involvement in the site.

Everything on the site boils down to this. Wells Fargo booked over $17,000,000,000 in Mortgage Servicing Rights (basically, they book the right to screw people as an asset) and issued shares to management. Little by little, they are diluting the power of shareholders (as they have rejected every shareholder proposal since 2002) and taking over more and more of the company by booking more and more MSRs yearly.

I would like to note that Wells Fargo wasnt always a bad company. It was taken over in 1998 by Richard Kovacevich who was the President, Chairman, and CEO of Norwest, who then integraded his crooked schematics into the company (which is why the logo for Predatorix is a Wolf in Sheeps clothing). Kovacevich resigned from Kovacevich resigned from Wells Fargo a-year-and-half earlier than expected, just as the subprime mortgage market began to crash.