U.S. Bank Trust, N.A. Files False (Fraudulent?) Disclosure In Massachusetts Federal Court?
Here is an example of a corporate disclosure filed in Massachusetts Federal Court under Rule 7.1 by Defendant “U.S. Bank” that is brazenly deceptive and provably false. The defendant is named as “U.S. Bank Trust National Association, not in its’ individual capacity but solely as Trustee of the Truman 2021-SC9 Title Trust.” These are two distinctly different entities; a national trust bank as trustee and a trust. However, U.S. Bank represents in this disclosure that it is one overall entity to which “U.S. Bank” “is a wholly-owned subsidiary of Roosevelt Management Company, LLC.”
Now, let’s look at the most recent 2023 ADV Form filed with the Securities & Exchange Commission by Roosevelt Management Company, LLC (RMC) whereby RMC discloses under possible criminal prosecution that it has no affiliations with any banking or thrift institutions, trust companies, or sponsors, general partners, or managing members of any pooled investment vehicles. Per this ADV filing, RMC’s only activities and affiliations are, as or with, “Real Estate Broker or Dealer.” The filing of this false corporate disclosure is designed to conceal entities and investments that would likely require District Judges and Magistrate Judges to recuse or disqualify themselves in cases such as this. Folks, this is arguably a fraudulent filing by U.S. Bank in a Federal Court proceeding.
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After all we’ve seen over the years, I feel comfortable enough to honestly say with 100% certainty that “Regulatory Capture” isn’t just a myth like Bigfoot or the Loch Ness monster.
And it’s much scarier.