Number	17538
Subject	Fraud
Source	WKRC-TV
State	OH
Year	2000
Publication Date	June 15, 2000
Summary	WKRC-TV finds that "members of the patriot movement appear to be funding their cause by setting themselves up as a 'bank.' The fraudulent 'bank' is willing to help homeowners faced with foreclosure by legitimate banks. The militia members scan local newspapers for word of foreclosure on properties. They then contact the embattled homeowner, offering to buy their mortgage from the bank and prevent the foreclosure. In exchange the homeowner agrees to a 'lend lease' agreement with the militia bank, which is usually an operation called Soverign Accounting Agency."
Category	Contest Entry
Pages	7
Keywords	TAPE;TRANSCRIPT;patriot movement;fraud;banks;foreclosures
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