Accepted for Value: The Scam That Makes Things Worse

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Editor’s Comment: 

The term “Snake Oil Salesman” has been used for centuries to describe a person selling a worthless product for a high profit to the salesman with no benefit to the purchaser.  There are a number of scam artists that are touring the nation, and even live here in the Phoenix Valley, with snake oil that is worse than simply getting stuck with a bottle of crap.  They are using, among other phrases, “accepted for value”.  

These schemes all involve not paying a bill by the individual creating of money out of thin air.   It sounds ridiculous because it is ridiculous–but it could land you in prison.  

The scam artist(s) get a bunch of people together in a scripted meeting at which shills are hired to pose as skeptics and the scam artist(s) quote or misquote various statutes, rules, regulations and court cases in which they make it appear as though you have every much the right to create money as the government of the society in which you live.  The shills eventually admit that they were “wrong” and accept to purchase the service.  Leading the victim into believing they are just joining other people who seem to know what they are talking about.

They all charge fees and they frequently convince desperate people who are looking for an escape valve that this scheme will work or somehow delay the collection of a bill or debt.  The purchaser is left not only with a bottle of crap but with late charges, interest, cancelation of services, foreclosure, eviction and potentially prison.  There is no part of the “AFV” movement that has any truth or legitimacy.

It is simply a scam to relieve desperate people from the last money they have.  I have avoided addressing this issue because I did not want to give them any publicity.  But I find that as time goes on more and more people are getting increasingly desperate and desperate people have skewed judgement.  They hear want they want to believe and they are willing to pay for it.  

In this country there are laws, rules and regulations concerning the creation of currency and cash equivalents.  None of them allow a single individual to create money.  There is no exception to this statement and anyone who tells you contrary is either directly lying to you or repeating a lie they heard.  Keep your money and find another way to move on from the desperate straits in which you find yourself.  Seek the advice of actual licensed attorneys, actual licensed accountants and actual licensed other professionals who are required to tell you the truth or they will lose their license and lose their livelihood.  They will never tell you this is valid.

Just because someone tells you they are a lawyer or an accountant does not mean they are any of those things–even if they show you the finest looking parchment paper to prove their assertion.  An inquiry to the appropriate regulatory authority will confirm or deny whether this person is an actual licensed professional.

Any scheme involving the nonpayment of a legitimate debt or the nonpayment of an illegitimate debt created by the banks in the mortgage meltdown will remain an obligation enforceable against you until it is payed in full with real money or waived by the real creditor.  That waiver includes an involuntary court order which finds that the alleged creditor is no creditor at all or that the debt has either been paid or converted behind the “curtain of securitization.”

Tags: Accepted For Value, borrower, debt, Federal reserve, foreclosure, foreclosure defense, foreclosure offense, foreclosures, fraud, illegitimate debt, mortgage scam, mortgage scheme, predatory debt relief scheme, predatory scams, repayment of mortgage loan
Posted in bubble, Corruption, Eviction, securities fraud |