revelarts
03-14-2011, 12:36 PM
Early reports
still need some confirmation
http://www.businessinsider.com/anonymous-hackers-bank-of-america-wikileaks-emails-documents-2011-3
Hacker group Anonymous (aka OperationLeaks on Twitter) just released what they say is a trove of damning documents on Bank of America.
You can find them here: bankofamericasuck.com
Remember, at this point, we can't verify whether they are legitimate or not, but Gawker's Adrien Chen, who has sources within Anonymous, suggest there's something real to the leaks.
Anonymous says the emails deal with BofA's mortgage practices, but the source is not an employee of Bank of America proper -- the source is a former employee from Balboa Insurance, a firm which used to be owned by BofA.
Click here to see what Bank of America says about the emails >
As you will see below, we believe that the evidence that is supposed to be so damning is a series of emails showing that employees of Balboa asked for certain loan identifying numbers to be deleted, and they were.
Anonymous said late Sunday evening, however, "this is part 1 of the Emails." So perhaps more incriminating correspondence is to come. And to be honest, these messages could be incredibly damaging, but we're not mortgage specialists and don't know if this is or isn't common in the field. The beauty is, you can see and decide for yourself at bankofamericasuck.com.
But for those who want a simple explanation, here's a summary of the content.
......
...The Emails
Next comes the emails that are supposed to be so damaging. The set of emails just released shows conversational exchanges between Balboa employees.
The following codes pertain to the emails, so use as reference:
1. SOR = System of Record
2. Rembrandt/Tracksource = Insurance tracking systems
3. DTN = Document Tracking Number. A number assigned to all incoming/outgoing documents (letters, insurance documents, etc)
The first email asks for a group of GMAC DTN's to have their "images removed from Tracksource/Rembrandt." The relevant DTNs are included in the email -- there's between 50-100 of them.
In reply, a Balboa employee says that the DTN's cannot be removed from the Rembrandt, but that the loan numbers can be removed so "the documents will not show as matched to those loans." But she adds that she needs upper management approval before she moves forward, since it's an unusual request.
Then it gets approved. And then, one of the Balboa employees voices their concern. He says,
"I'm just a little concerned about the impact this has on the department and the company. Why are we removing all record of this error? We have told Denise Cahen, and there is always going to be the paper trail when one of these sent documents come back. this to me seems to be a huge red flag for the auditors... when the auditor sees the erroneous letter but no SOR trail or scanned doc on the corrected letter... What am I missing? This just doesn't seem right to me.
We suspect this is the type of email that Anonymous believes shows BofA fraud:
Read more: http://www.businessinsider.com/anonymous-hackers-bank-of-america-wikileaks-emails-documents-2011-3#ixzz1Gb2lhSZ9
still need some confirmation
http://www.businessinsider.com/anonymous-hackers-bank-of-america-wikileaks-emails-documents-2011-3
Hacker group Anonymous (aka OperationLeaks on Twitter) just released what they say is a trove of damning documents on Bank of America.
You can find them here: bankofamericasuck.com
Remember, at this point, we can't verify whether they are legitimate or not, but Gawker's Adrien Chen, who has sources within Anonymous, suggest there's something real to the leaks.
Anonymous says the emails deal with BofA's mortgage practices, but the source is not an employee of Bank of America proper -- the source is a former employee from Balboa Insurance, a firm which used to be owned by BofA.
Click here to see what Bank of America says about the emails >
As you will see below, we believe that the evidence that is supposed to be so damning is a series of emails showing that employees of Balboa asked for certain loan identifying numbers to be deleted, and they were.
Anonymous said late Sunday evening, however, "this is part 1 of the Emails." So perhaps more incriminating correspondence is to come. And to be honest, these messages could be incredibly damaging, but we're not mortgage specialists and don't know if this is or isn't common in the field. The beauty is, you can see and decide for yourself at bankofamericasuck.com.
But for those who want a simple explanation, here's a summary of the content.
......
...The Emails
Next comes the emails that are supposed to be so damaging. The set of emails just released shows conversational exchanges between Balboa employees.
The following codes pertain to the emails, so use as reference:
1. SOR = System of Record
2. Rembrandt/Tracksource = Insurance tracking systems
3. DTN = Document Tracking Number. A number assigned to all incoming/outgoing documents (letters, insurance documents, etc)
The first email asks for a group of GMAC DTN's to have their "images removed from Tracksource/Rembrandt." The relevant DTNs are included in the email -- there's between 50-100 of them.
In reply, a Balboa employee says that the DTN's cannot be removed from the Rembrandt, but that the loan numbers can be removed so "the documents will not show as matched to those loans." But she adds that she needs upper management approval before she moves forward, since it's an unusual request.
Then it gets approved. And then, one of the Balboa employees voices their concern. He says,
"I'm just a little concerned about the impact this has on the department and the company. Why are we removing all record of this error? We have told Denise Cahen, and there is always going to be the paper trail when one of these sent documents come back. this to me seems to be a huge red flag for the auditors... when the auditor sees the erroneous letter but no SOR trail or scanned doc on the corrected letter... What am I missing? This just doesn't seem right to me.
We suspect this is the type of email that Anonymous believes shows BofA fraud:
Read more: http://www.businessinsider.com/anonymous-hackers-bank-of-america-wikileaks-emails-documents-2011-3#ixzz1Gb2lhSZ9