Feb 04, 2013
Multiple Banks Robbed in Northwest D.C.
Police are looking for a suspect who allegedly robbed two banks in Northwest D.C. today and is still at large.
A group of demonstrators affiliated with the Occupy D.C. movement are suing the Metropolitan Police Department and Bank of America over what they say were unlawful arrests during several days of protests outside a bank branch in downtown D.C.
The sidewalk outside a Bank of America on Vermont Avenue NW is the cool place to camp out these days, with five more members of Occupy D.C. arrested Friday morning after sleeping under the ATM.
Seven members of Occupy D.C. have been arrested this week for blocking the sidewalk after sleeping outside a downtown Bank of America branch. It’s a new tactic, but it’s disputed which Occupy group thought of it first.
In what might be the most concrete, positive result of its actions since first appearing last October, Occupy D.C. succeeded, it appears, in helping a Bowie, Md. woman stay in her home and avoid a foreclosure sale.
Occupy D.C. re-emerged Monday with a very specific purpose—to prevent a Prince George’s County woman from being evicted from her home after it was foreclosed upon by the federally backed mortgage giant Freddie Mac.
While the great majority of the District’s money is kept outside of local banks, that could eventually change.
While the economy is still regaining its footing, Bank of America has begun to look to new sectors for development. In 2009, the first of a ten-year, $1.5 trillion initiative in community development lending, Bank of America racked up $6.16 billion in investments across the DC-area, reports the Washington Business Journal.The largest portion went to affordable housing, with small businesses and economic development also benefiting. Charter school operator KIPP DC was one project, receiving $24…
The Post reported this afternoon that one more sentence has been handed down in the Office of Tax and Revenue embezzlement case. Walter R. Jones Jr., 34, the former Bank of America assistant branch manager who helped Harriette Walters deposit a total of 61 checks totaling almost $18 million, was sentenced to 6 1/2 years in prison today. Jones received approximately $360,000 from Walters for his participation in the scheme, a relatively small sum compared…
Oct 31, 2008
D.C. Sues Bank of America Over Role In Walters’ Scam
D.C. taxpayers may have some justice served. The Washington Post has the breaking news that the District just filed a $105 million lawsuit against Bank of America over the check cashing scam headed up by Harriette Walters in the D.C. Office of Tax and Revenue. According to the lawsuit, Walters co-conspired with Walter R. Jones, Jr., an assistant branch manager at Bank of America, who received $145,000 from Walters’ niece as payment for cashing fraudulent…