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Two Banks in Great Britain have already been caught stealing Millions of Pounds of their Customers Money, but not one word in the entire UK Media.
See the Secret Video of the ‘Masonic Prayer For Money’
taken at the Lord Mayor’s Mansion House Dinner For Bankers
WORLD EXCLUSIVE 
First Ever Absolute Proof Of Masonic Conspiracy 
To Defraud the British People 

Press Release - Jan-05 - by www.FinancialOutrage.org.uk  

EXPOSED - THE UK FINANCIAL SERVICES INDUSTRY WIDE FRAUD OF MASS DECEPTION - ABSOLUTE INDISPUTABLE PROOF BY STANDARD MATHEMATICAL REPAYMENT CALCULATION THAT:- 

1.  EVERY SINGLE ‘INTEREST ONLY ENDOWMENT FUNDED MORTGAGE’ WAS DELIBERATELY FRAUDULENTLY SOLD, AS DUE TO THE ‘HIDDEN’ MASSIVE ADDITIONAL INTEREST CHARGED, THEY WERE A FRAUDULENT  DECEPTION WHICH WERE NEVER CHEAPER AND THEREFORE NEVER A VIABLE ALTERNATIVE TO A NORMAL REPAYMENT MORTGAGE. 

2.  EVERY SINGLE COMPENSATION CLAIM IS NOW DELIBERATELY BEING FRAUDULENTLY CALCULATED TO ‘STILL HIDE AND NOT REPAY’ THE ‘HIDDEN’ MASSIVE ADDITIONAL INTEREST CHARGED ON ‘INTEREST ONLY ENDOWMENT FUNDED MORTGAGES’. 

Secret Filming of the Lord Mayor's Dinner for Bankers - Masonic Prayer for Money  Note:  All videos are in RealPlayer format - you may therefore need to download a free copy of RealPlayer if you do not already have one. 

1.  Every Single ‘Interest Only Endowment Funded Mortgage’ was Deliberately Fraudulently Sold, as due to the Massive Additional Interest Charges, they were Never Cheaper 

You should be made aware that recently 2 banks in Great Britain have been caught actually stealing Millions of Pounds of their customers money by illegal means.  The National Bank Of Ireland in Jul-04.  The AIB (Anglo Irish Bank) in Dec-04.  Whilst there are thousands of Irish media records not one report has appeared in the mainstream UK media, despite the fact that all UK national newspapers have full distribution in Southern Ireland and most have offices in Dublin.  On Google the query “Irish+bank+scandal” or similar will list the items relating to the National bank of Ireland.  On Google the query “AIB+foreign exchange+scandal” will list the items relating to AIB. 

Please also download & view the 20 minute Sky Ireland report on the National Bank of Ireland Scandal.  This was shown throughout the world - apart from the UK.  It was brought to my attention when it was shown on Sky TV in Portugal. 

Please also view and listen to RTE Reports on the AIB Scandal.  RTE is only available in Ireland and therefore was not seen in the UK.  Go to www.rte.ie - click on Business - 07-Dec-2004, 17-Nov-04, 23-Aug-04 & 23-Jul-04.

The AIB fraud is precisely and exactly the same as Lloyds TSB’s MUST NOT BE FAXED OR COPIED TO CUSTOMERS unofficial, false & totally fictitious exchange rates which are still used daily in all of their branches and embedded in their computer system, despite being well reported to the FSA, BCSB, MCCB, Consumers Association, Serious Fraud Office, DTI, Ombudsman, HM Treasury, HM Government Ministers, every member of the House of Commons, the UK Media, Home Office, all political parties, Office Of Fair Trading, 10 & 11 Downing Street, Institute Of Directors, Amnesty International, most members of the London Stock Exchange etc. etc. etc.  Copies of many of the ‘prevaricated replies deliberately missing off the key points’ are on the web sites. 

A reply from TONY BLIAR’s office dated 23rd August 2003 stated:  “Please Note That:  You have been awarded by the PM the title of TOP IDIOT OF THE YEAR.”  So first we had WEAPONS OF MASS DESTRUCTION and now a FRAUD OF MASS DECEPTION.  What a bent bxxxxxx.   

Please download & view the secret video recording of the Masonic ‘Prayer For Money’ taken at the Mansion House Lord Mayor’s Dinner for Bankers where the chief guest was none other than Chancellor.  You can’t get Masonic financial corruption much higher than that, apart from Blair and Bush drinking blood out of a skull at a 33rd degree Masonic satanic ritual in Washington, just before they invaded and plundered the National Oil Company of Iraq for their money. 

No other countries in the entire world, apart from Great Britain, particularly in the UK and to a much lesser extent Southern Ireland, have sold ‘Endowment Funded Interest Only Mortgages’ - Why? - because they were never cheaper and were therefore a fraudulent deception which was never a real alternative to a normal repayment mortgage, that’s why.  The ‘Interest Only Endowment Funded Mortgage’ is the biggest financial fraud ever perpetrated on the British Public. 

As the full loan amount is outstanding for the entire mortgage period it attracts ‘Massive Additional Interest Charges’ - this mathematically calculated fact is the best kept secret in the UK, never mentioned, never quoted, nothing on the Internet. 

All calculations are based on an average 25 year £100,000 mortgage (all other amounts are pro rata).  Even at the current supposed normal mortgage rate of 6.75% a Normal Repayment Mortgage costs £107,274 in Interest Charges whilst an Interest Only Mortgage costs £168,750 (calculated as £100,000 x 6.75% x 25 years), being a massive & ‘definite’ additional interest charge of £61,476. 

As we all know UK interest rates were previously always much higher over the last 25 years - up to 17.00% APR.  At 17.00% the massive & ‘definite’ additional interest charge is £93,676. 

Indeed in 1988 - the year when the volume sales of Endowment Funded Interest Only Mortgages were at their absolute peak the overall APR that year was 12.25%.  At that rate the massive and ‘definite’ additional interest charge is £84,721. 

The overall APR % over the last 25 years is mathematically calculated and is 11.09%.  At 11.00% the interest costs are as follows:  Repayment Mortgage £194,038, Interest Only Mortgage £275,000 (cal. £100,000 x 11.00% x 25 years), being a massive & ‘definite’ additional interest charge of £80,962.   

The following table quantifies the fraud by showing the mathematically calculated ‘Cumulative Massive & ‘Definite’ Additional Interest Charges at the end of each year over the last 25 years:-

This leaves just £19,038 (£63.46 per month) to ‘conditionally’ & magically repay £100,000 just to break even on the overall customer costs with a Repayment Mortgage - ‘Irrevocably Mathematically Impossible’.

Therefore the Banks and Building Societies ‘furtively’ gain a ‘definite’ additional £81,962, whilst at the same time the trusting customer is unknowingly left ‘conditionally Gambling to Buy Their Own House’ with a ‘massive risk’ & ‘more expensive’ product. 

This massive and criminal additional interest charge is the best kept secret in the UK.  Not one mention in the entire UK Media - since 1970, nothing on the internet apart from what I have put up. 

No-one in their right mind would have gone for such a treacherous and more expensive product, instead of a normal repayment mortgage, had they been made aware of the true costs and the full facts.     

There are, as often quoted 12 million people who currently have or have just swapped from an ‘Interest Only Endowment Funded Mortgage’ then the Senior management of the Banks & Building Societies have engaged in a deliberate ‘CONSPIRACY TO DEFRAUD’ the British people out of £983,496,000,000, yes £983 Billion, in ‘Furtive & Fraudulent Additional Interest Charges’ (Cal. 12 Million People x £81,958)  

This management driven ‘Conspiracy to Defraud’ has ‘Brutally & Deliberately been Totally Ignored’ in the UK by the FSA, MCCB, the Mortgage Providers, the Ombudsman, the Media and Parliament, all of whom only exist in a position of trust and in the public’s interests.

2. Every Single Compensation Claim is Deliberately being Fraudulently Calculated to Hide and NOT Repay the Massive Additional Interest Charged on ‘Interest Only Endowment Funded’ Mortgages

Even when the fraudulently sold more expensive high risk product failed as it was bound to do, the fraud is still ongoing in the calculation of Compensation Claims.  The Massive and ‘Secret’ Additional Interest Charges of £80,958 at the overall 11.00% APR on an average 25 year £100,000 ‘ Endowment Funded Interest Only Mortgage’, are ‘Fraudulently & Deliberately not being taken into account in any Historic Compensation Claim Calculations whatsoever. 

On the FSA web site the only reference to compensation claims calculations is as follows:-  “Firms normally calculate compensation by comparing the sum that would have been paid off the capital part of a comparable repayment mortgage and the sum achieved by the endowment policy. They then award the difference to the consumer as compensation, to put the consumer back in the position they would have been in had they not received the 'wrong' advice. As this calculation does not contain any additional interest, income tax will not be due.” 

It is also consequently deliberately not taken into account by the Banks & Building Society Funded ‘supposedly impartial’ Financial Services Ombudsman when reviewing compensation claims.  Even without the evidence of the secret video recording of the Masonic Prayer For Money at the Lord Mayor’s Dinner for bankers, the chances of this being a random conspiracy are 10 to the power 142, as there are at least 10 Directors at each of 142 mortgage providers, which is 1,000,000,000,000,000,000,000,000,000,000,000,000,000,000 Googols to 1 against none of them being an honest person and reporting the conspiracy to defraud when approached.  Those odds are 1,000,000,000,000,000,000,000,000,000,000,000,000,000,000 larger than the number of individual particles in the entire universe.  In other words impossible.   

The Compensation Fraud is Further Compounded by the ‘Endowment Shortfall Timebomb’ fraud.  It is a well known ‘secret’ within the Financial Services Industry that future shortfalls will be massive, in the region of 50%, as of course many endowment funds are now closed and are only making investments in lower % yield safer markets, bonds etc.  This is confirmed by the fact that most Mortgage Providers will not now accept Endowment Funded remortgages unless the loan value when compared to the house value does not exceed 50%. No Mortgage Provider is making public the full extent of the shortfalls, they’re just continuing to steal the Massive Additional Interest Charged. 

It is clear that, in an honest industry, the ‘Additional Interest Charges’ would be taken into account in compensation claims calculations, which would totally eliminate any customer shortfall whatsoever. By doing so the trusting customers would be no better or no worse off.

There are 9 million people who currently still have an ‘Interest Only Endowment Funded Mortgage’.  Even when caught out when their fraudulent product failed dramatically, the Senior management of the Banks & Building Societies have still continued their ‘Conspiracy to Defraud’ by NOT repaying the British people £450,000,000,000 in Additional Interest Charges, yes £450 Billion, in ‘Furtive & Fraudulent Additional Interest Charges’ (Cal. 12 Million People x £50,000).

I remind you that all of these people involved only exist on the trust of the British People.  They have conspired to abuse that trust.  They are traitors!  Even the old traitors punishment - hung, drawn & quartered would be too lenient for such a despicable all encompassing conspiracy to defraud, particularly be people who only exist on trust.   

All figures quoted in this press Release are all standard mathematical repayment calculations, therefore whoever does the calculations quoted, the figures would be the same. My detailed  calculations are available for inspection, download & print at  www.FinancialOutrage.org.uk 

In the meantime, now that they can’t continue to sell Endowment Funded Interest Only Mortgages and earn the massive additional interest, the mortgage providers have come up with a new scam - The Short Term Headline Discount Trap - to run alongside the other well established existing scams.  These are well detailed in Section 5 of my Press Release dated Oct-03.  There’s now a deliberate confusing choice of thousands of mortgages.  NO mortgages are sold or even written about in the UK media, on overall costs - if they were no-one would ever deal with the uncompetitive ‘big players’. 

Please download, view and print the Mortgage Matrix - a summary of overall costs of all 142 Mortgage Providers Standard Variable Rates (as most mortgages revert to the SVR after the initial Discount Trap), and a summary of overall costs of the Cheapest Mortgage from each Mortgage Provider which shows the massive differences in Interest charges compared to the ‘Big Players’. 

A classic example - the Interest charged on an Interest Only Mortgage at the big players ‘Supposed Norm’ of 6.75% is £168,750 with monthly Interest payments of £563, and of course you still owe the original loan of £100,000. 

A Repayment Mortgage from a really competitive Mortgage Provider, at 4.9% will save £117,164.  It will only cost £151,586 in total, being Interest of £51,586 and Capital of £100,000.  So for £17,164 less, the customer also repays the loan amount of £100,000 and cuts 6 years 8 months from the mortgage term, provided the customer maintains the ‘Supposed Norm’ monthly Capital & Interest repayments of £691 and does not reduce to the lower monthly Capital & Interest repayments of £579 - staggering!!!  If you consider the competitive Mortgage Provider’s £51,586 is 100%, then £168,750 is 327.1% - yes they’re charging more than 3 times as much Interest.  That is a Financial Outrage!!! 

These are management driven deliberate Frauds, Scams & Rip Offs.  These people only exist on trust, that is all they have to sell, and there has always been a duty of care, and consequently the British Public should at least be dealt with honestly, instead their senior management have systematically conspired to breach that trust at every opportunity by utilising Frauds, Scams & Rip Offs to steal over 2 Trillion Pounds over a period of the last 25 years from the trusting British public. 

The power of these ruthless Financial thugs stealing our money has now clearly undermined our supposed democracy, and must be stopped. 

The UK Government, Regulators & Media have also conspired to keep the truth from the British people.  The reason can only be fear, money or Masonic Oath. 

With odds of 1,000,000,000,000,000,000,000,000,000,000,000,000,000,000 Googols to 1 against a random conspiracy - impossible odds.  No reasonable and honest person can ever accept that this is anything other than a well organised conspiracy by a well established secret group.   

We have already seen the secret video of the Masonic Prayer For Money at the Lord Mayor’s Dinner for Bankers at Mansion House.  Now we have an exact copy of the Masonic Oath that Nullifies the Truth, Honesty, Equality & Justice.  Page 183 of the Masonic Handbook states: “Whenever you see any of our signs made by a brother Mason, and especially the grand hailing sign of distress, you must always be sure to obey them, even at the risk of your life. If you're on a jury, and the defendant is a Mason and makes the grand hailing sign, you must obey it; you must disagree with your brother jurors, if necessary, but you must be sure not to bring the Mason guilty, for that would bring disgrace upon our order. You must conceal all crimes of your brother Masons except murder and treason, and these at your own option, and should you be summoned as a witness against a brother Mason, be always sure to shield him. Prevaricate, don't tell the truth in this case, keep his secrets, forget the important points. It may be perjury to do this true, but you are keeping your obligations." 

Where there is no truth there can never be any justice. 

Dr Joseph M Goebbels, Nazi Minister of propaganda once stated: "The lie can be maintained only for such time as the State can shield the people from the political, economic &/or military consequences of the lie. It thus becomes vitally important for the State to use all of its powers to repress dissent, for the truth is the mortal enemy of the lie, and thus by extension, the truth becomes the greatest enemy of the State."  This could just as easily be attributed to TONY BLIAR, the Financial Services Industry & the Freemasons at this moment in time. 

The exposure of this UK financial services corruption is simply based on mathematically calculated repayment schedules. 

I know how to stop it within 12 months even without Government help.  That is why my communications have been intercepted and blocked at times of great action.  That is why my incoming 0845 number was diverted to a number unobtainable for calls from new numbers.  That is also why my E Mails were diverted, filtered and deleted for E Mails from new contacts, by BBC Core which I am reliably informed is GCHQ Cheltenham (right click on an unopened E Mail shows the route and transmission times).  That is why my web sites went down almost overnight, from over 10,000 hits per week to a few hundred. That is why I have now received 5 anonymous death threats. 

All that it requires is for the full page Mortgage Matrix to go into the national press once a month, with secure communications for requesting an information pack & CD ROM telling all and showing how to make the savings, eliminate themselves from the ongoing frauds, and how to calculate their massive additional interest charge  I have already placed it in a local paper, the precedent is set as the wording is acceptable to the press.  If the Consumers Association in both the UK and Ireland were to do this it would eliminate the continuance of the frauds. 

However, it requires radical action to rid the UK of ALL secret societies, run by a fascist dictatorship pandering to an elite group of Freemasons which break just about every Human Rights Rule every made, as without truth there can be no equality.  Evil is only allowed to continue because good people do nothing.  Please do something.  The EU and the United Nations must be informed and asked to intervene.

Issued by - James Stewart. 
Financial Outrage, Wishing Well House, 32 Poulton Road, Blackpool, FY3 7DT  Mob: 07831 311891
Tel:  01253 399630/398300, Fax:  01253 394427, E Mail: info@FinancialOutrage.org.uk  www.RipOffsAndScams.com  www.EuroCarDIRECT.co.uk  www.RemortgageNOW.co.uk

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