Want to know what can happen out there? read this letter from 2012 I wrote to AHSMI, a mortgage servicing company for Duetsche Bank. This is a true story.
Many years
ago I got a degree in Classical Guitar Performance from
the University of New Mexico, My professor has always
been a lifelong best friend. I was his assistant
professor while at UNM for a couple of years. He has
credentials in the classical musical world that will make
him historic. He fought in the Bay of Pigs (the Russian Missile
crisis on the 60/'s during the JFK administration) He
became a citizen in the 1960's.
He is approaching
80. I helped him and his wife, Jeanne, a teacher sell
their Florida townhome late last year.
OK now
fasten your seat belt.
The sale was completed, but
after the close when the wire was sent from the title
company through their bank…Coconut Grove Bank to Melan
Bank the wire was intercepted by Homeland Security.
Melan Bank had sent notice to the title company (Coconut
Grove Bank) where the wire originated that my friend was
flagged as an OTAC Designated individual (terrorist) as
his name matched a 54 year old drug dealer from South
America. An individual at the Coconut Grove Bank
without any investigation confirmed that he was
indeed the same profile as the 54 year old drug dealer. Melan asked for reconfirmation on the match and Coconut
confirmed that. 80=54. There were other incorrect details
that they confirmed apparently just reading the profile
off the OFAC list they had, not bothering to check for
accuracy.
Without any details on the above I got
word there was a problem and my friend got a letter from the
end Investor Deutsch Bank stating that they were
foreclosing on the property that my friend just sold. That
was Monday March 5th, 2012.
I started with Google
and contacted Homeland Security eventually getting an
agent familiar with the case. They were forced to
intercept the wire upon confirmation of OTAC
identification- Homeland regulations, they sent me to the
FBI and DEA for help. But instead I talked to Jeanne,
Hector's wife.
She had sent info to OFAC, of
course you know who that is, no?? The Office of Foreign
Asset Control. So I call them. I also find out AHMSI was
the Servicing company on the file, so I call them, and
then there is the Title Company Champion Title and Trust,
so I call them as well, oh and don't forget Melan Bank
the recipient of the wire. By now I've talked to everyone
and am piecing this together.
I find the name of
the person who misreported the OTAC match. Melan Bank
says that they had to intercept the wire when notified by
OFAC who had been notified by Homeland Security of the
OTAC match. By now I know Reggie at the Servicing company
and the name of his boss Mike, I'm friends with John at
the Office of Foreign Assets Control… he is trying to
help. I know Melissa and the name of her boss Christine
at Melan Bank and then there's Bob back at Champion Title
and Trust.
Melissa tells me she has to have an
unblocking license from OFAC to release funds. I talk to
John at OFAC, he said the funds should have been released
on Feb 6 because he sent a fax to Melan Bank. I call
Melan and they confirm they need an unblocking license.
On Friday March 9, I call John at OFAC again
telling him of the quandary and give him the name of
Melissa's boss, he already had the name. Then he calls
her and calls me back and said the funds were flowing and
this was resolved, as in DUH. I call the title company
and notify them that the funds were being sent back to
them. They confirm receipt and send them to AHSMI, so I
get copies of that wire and receipt of the wire.
Christine at Melan had misinterpreted the fax from OFAC.
They would have waited for years for an unblocking
license that would never have arrived.
On Friday
Jeanne calls me and said they were served notice that
Deutsch bank has served them paperwork and are suing
them.
After my follow up, on 3/21/12 Deutsche
dropped the suit.
Connect With Us
Contact us today for more information - 847.255.9346
IvyHillHomes@gmail.com