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The People vs. The Banks

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Joined: 16 Jul 2000
Posts: 5388
The People vs. The Banks PostSat Aug 27, 2005 8:56 am  Reply with quote

The People vs The Banks

VANCOUVER, BC, Aug. 24 /CNW Telbec/ - Almost five months to the day of
the initial filing of the biggest class action suit in Canada, John Ruiz
Dempsey on Behalf of the People of Canada versus Envision Credit Union,
Laurentian Bank, CIBC, Royal Bank, Bank of Montreal, TD Canada Trust, The
Canadian Payment Association and others, the lawyers representing the
financial institutions are gathering steam to try to stop John Ruiz Dempsey, a
criminologist and forensic litigation specialist from proceeding with their
application to the court to strike Mr. Dempsey's statement of claim in whole
or in part. Hearings are set for September 12 and 13 at the Supreme Court in
Vancouver. The statement of claim alleges among other things, creation of
money out of nothing, fraudulent misrepresentation, money laundering, fraud,
charging of criminal interest rates and breach of contract. A copy of the
Statement of Claim is available for download through .

"This without a doubt will be a precedent setting case, that is sure to
change the face of the banking system in Canada forever. Without even taking
into consideration the potential damages, the sheer numbers of people alone
who potentially can participate in this action, will in my estimation make
this case the largest lawsuit ever filed for Class Certification in this
nation", stated John Ruiz Dempsey.

The banks are being represented by two of the largest law firms in Canada
such as Borden Ladner Gervais with 670 lawyers and Fasken Martineau Dumoulin
with 500 lawyers. This is clearly a David and Goliath case where these lawyers
are moving to tread heavily on Mr. Dempsey and the People of Canada he

News Conferences are currently being arranged and will be held
September 9 in Vancouver and Montreal. Various citizen freedom movements and
other special interest groups representing thousands of Canadians from across
Canada are expected to rally in support of this action.

Media representatives wishing to attend any of the News Conferences, or
wanting to ensure that they are on our mailing lists, or wishing to arrange
for interviews with legal, forensic and other experts after any of the News
Conferences, should call to ensure that their current information is on file.

In Montreal, Quebec
Contact: Bruce Margolese
(514) 294-3284

In Vancouver, B.C.
Contact: John R. Dempsey
(604) 597-1475
E-Mail: or

Since sending out a News Release in April announcing the filing of the
Class Action Law Suit, we have been inundated with calls from persons asking
if it is too late to become involved.

The answer is NO. As long as you fit ANY ONE of the five criteria listed
below, you can apply for registration for Class Participation. While we would
like those interested in becoming involved to do so on a timely basis, as it
adds strength to our efforts, a cut-off date for participation will be
established (I believe by the court at a future date).

The criteria for participation is as follows:

1. If you have been involved in any kind of loan transaction with any
bank or financial institution you are eligible to participate;

2. If you did not know that banks and financial institutions are engaged
in illegal creation of money, you are eligible to participate;

3. If you were told by your bank or financial institution they loaned you
money without receiving "cash" or "legal tender" money or currency,
you are eligible to participate;

4. If you were unaware that the bank or financial institution made you
sign a promissory note or loan application form and 'monetized' the
said note or form by way of your signature, you are eligible to

5. If you or your family have suffered or are facing foreclosure or
seizure of property or debt collection by banks or financial
institutions as a result of any loan or debt transactions with any
bank or financial institution, you are eligible to participate.

It is important to note that you DO NOT have to be object or victim of
any debt collection, foreclosure or any other legal proceeding to participate.

It is also important to note that having your "debts" to any bank or
financial institution, DOES NOT PRECLUDE YOU from registering to participate
in this legal action.



Information are available from our website:

Alternatively, you can drop us a note, stating your desire to participate
in accordance with the applicable criteria itemized above to effect your
participation at this time. However, the above mentioned website contain
valuable information regarding banking fraud as well as a very important
information regarding class action suits, the legal system, bank fraud and
scams, illegal debt collection which you should be aware of prior to your next
visit to a bank or financial institution.

If there is more than one person in your family wishing to participate,
each participant should fill out a registration form. Where children under the
legal age are involved, parents or guardians should complete a registration
request for each child, on their behalf.

Please ensure that all requests for registration are legible and contain
your full name, complete mailing address, phone numbers and fax numbers and
e-mail addresses where applicable. It makes our job of communicating with you
that much less costly and more efficient.

For further information: In Montreal, Quebec, Contact: Bruce Margolese
(514) 294-3284,; In Vancouver, B.C., Contact: John R.
Dempsey, (604) 597-1475, or
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Joined: 07 Oct 2000
Posts: 3097
Location: Bizzaro World
PostSat Aug 27, 2005 11:37 am  Reply with quote  

If we,as individuals,tried to do what the banks do,we'd have been locked up a long time ago.Loan sharking,insufficiant funds,fraud,just to name a few.Two sets of laws.
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