Almonte v. Chase: Judgments sold to Debt One for 1.02% of balance
I just posted the Chase / DebtOne agreement and my analysis:
Chase JUDGMENTS sold to DebtOne for 1.02% of balance
What a wonderful lawsuit. According to Linda Almonte, Chase fired her after she refused to participate in illegal activities, such as “defrauding the federal government regarding the purported value of the portfolio on its books, by defrauding its auditors and accountants regarding the nature and value of the asset, and by ultimately defrauding investors – purchasers of its publicly traded stock.”
That’s straight from Alimonte’s response to the Chase motion to dismiss.
Chase had the case removed to federal court, no doubt because they own many (but not all) federal judges.
