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Financial Effects of Fraud
When the criminal is done with you,
the Vultures of the financial community,
that do nothing but prey on good people
who find themselves in trouble ...will begin.

In many cases, there is another person or institution like a bank that has suffered a loss in partnership to your mistake and as far as the bank is concerned, you are liable for a lot of money. That bank manager is likely to be the first to turn on you; after all, this has occurred under bank supervision and if it is between your integrity and the bank manager's sense of job security, you are the scapegoat to be black listed as the next public enemy number one.

Instead of showing integrity and acknowledging the bank's role as a co-victim, the manager will probably attack your integrity to make you feel guilty as a thief. This is a tactic to force your complete responsibility to shoulder the entire burden. You must stand in the truth of whom you are, who you have been for many years and know that this mistake does not make you a crook regardless of the words tossed your way. The next step will be to send the collection agency to harass you into finding the money to repay.

As you sink into realization of what has happened to you, there is one thing more devastating than the hard facts of the numbers on the paper, it is the small minded collector people who turn into primeval cannibals in frenzied fighting over a carcass after he kill. These are the dogs set loose to badger you into further unfounded mistakes, pressing you to get the money you owe for repayment, in any way you can. The catch is, you cannot think or function enough to create solutions for these problems from a state of worry and these single minded people do not care about you or your difficulties, they just want the money the crook got away with.

You will likely feel lost, in this nebulous fraud attack area of what will happen next. The financial implications are obviously present but you now see them as huge. Stay calm as you take a true appraisal of the situation. Regardless of the numbers you simply made a mistake and you will now pay a price for it. The situation is not more or any less than that! Even though, the vultures will try to make it an earth shattering problem. If you allow the harassment of these scavengers to get to you the impact will break you. You will begin second guessing all financial decisions. You may undermine personal relationships. You will no doubt experience challenges in cash flow but under duress of these vultures you may completely drain your resources and leave yourself totally vulnerable in you day to day financial existence. The Collection Agency will try and convince you that you are destroyed. That you must submit to them to survive in this world. STOP, EXAMINE YOUR POSITION and you will discover that YOU ARE NOT DESTROYED. They will talk to about purposely ruining your credit unless you surrender to them. This tactic has a name, it is called extortion and it is illegal. They will make you believe that they hold control of your credit and intend to exile you in poverty and therefore make you think you can not survive without credit. What would happen to you without credit?

Credit is an illusion created by moneychangers to harness and skim the cream off the income of the people and subsequently control the masses of labour force with fear. It is insidious how credit companies freely give our school children credit cards, (before they even have jobs), fully knowing that once they get their hooks into a human they will have them paying 28 percent premium on everything, for life. Yes, Credit is a Life Sentence in purgatory that binds our pure human potential in servitude of unseen others and drives the stress level of our community over the top! Credit is like any other addictive substance, it is not actually required to sustain life, but the illusion we have all learned as credit-addicts is powerful. It is an illusion we are all purposely taught. We are taught to want it; to need it.

We are taught that having credit makes you a good worthy person, successful, and trusted. Trusted to do what, pay the interest! Were we not happier in a simpler less stressful life when we saved for purchases we wanted and regularly achieved those milestone goals? What truly is the value of paying later with interest? Is it simply to avoid planning in our life or to think responsibly about value in purchases instead of slaving to our whim? Is it simply because we can not master self-discipline to save money for the things we will want to purchase? If you just had the same power of will to pay your savings account as regularly as you now pay your credit account, you could purchase 25% more goods and services with the interest you saved from the credit monster. Granted, it takes a long time to save for some larger items but if it takes 35 years to pay $700,000.00 for a $200,000.00 house, who is doing who the favour? You could own three houses if it were not for the privilege of paying three times its value in interest of credit. Credit rapes our civilization on an ongoing basis and we are under the illusion that it is a good thing and that we can not do life without credit. Guess what? We have before and we can again if necessary!

I can already feel the skepticism but I am being more realistic about being human in these thoughts than you may imagine. I understand that credit is here to stay; renting money has become a thread woven into the fabric of our existence. However, you must understand now more than ever, that your health and ability to be human is affected by stress and that your life does not begin and end with credit. As nice as materialism is, credit is not to be worshiped, or given such importance that it can wreak havoc and pain into your life. At best it is a convenience, but it is not the end of your world if you are temporarily inconvenienced. Fear is the power that credit weilds and you can not fear the loss of something if you do not regard it as essential. If your life has been rocked by a fraud attack it is important to take your power back from the credit monster. You can not successfully navigate these troubled waters in fear! You can not resolve the issues before you if you are immobilized and nor will your health survive unless you can change your mind about the illusion of priorities that will bring the fear that binds you.

Let's look at this point form a different angle. Other than this bank, do you have credit dealing with other financial institutions? If you have only this account, go and open an account in another institution. Today, with so many mergers, corporations are getting so large and diverse in the greed to get ALL your business, they are becoming integral life lines for people. Consider the future and how much power you want a single bank or corporation to have in your life; to literally have the power shut down your life, even if only for a mistake. For protection, we need to diversify our services like banking, insurance, phone, and even our utility companies in order to have options in times of trouble that these major players do not want us to have. Who owns your mortgage? If you are challenged by fraud attack at your bank, move your mortgage today to another financial company. After all the dust settles on this fraud attack problem and when it comes time to renew it, the new company only care about your track record with them. After all, they will have the collateral asset of your house, so, if you have made your payments on time and not caused them any problems you will get renewed.

Any existing financial companies will continue deal with you if you have a track record as a good paying client. Also, your car companies provide their own in-house financing. With their ulterior motive to sell cars if you have a good reputation of paying your bill on time and not causing problems, they will deal with you too. This list goes on and on. Remember that companies need to sell their products in order for them to exist. To illustrate this, a friend who was in financial difficulty recently went to return their Mercedes at the end of the lease with every intention of replacing it with a cheap used car. Since they had been a good customer the dealer would not let him go, every time he said no they dropped the price until he could not pass up such a deal. He got this next new Mercedes for an unheard of price, less than what a chev compact would go for. Manufacturers need you as a customer. so, will try and help you to buy their products. They will work with you.

Do not let vultures pressure you into anything at this time. The truth is, you do not even need to listen to the rabid collection agency dogs. There is absolutely nothing, aside from heartburn, for you to be gained by talking to collections. On the first call, tell them you have nothing to say to them, this is an issue between you and the bank that obviously needs to be settled by a judge and if they persist in calling, you will call the police and have harassment charges laid. Hang-up! If you record more than three calls on the call display, call the police. In criminal law, the only one than can harass you by telephone is the police, and Criminal Code outweighs the Collections Act that they propose they have the right to call you with. They do not have the right to harass you.

I heard a speaker say that if you do not have any problems, you do not have a life. The biggest problem of financial effects of fraud is the potential to unseat your ability to make decisions in moving forward. You must cut through the bullsh*t that people will use to pressure you, to truly understand all the factors and create your own set of priorities. Relax and lighten up on yourself. It is not the end of your world; tomorrow is another day and things will get worked out eventually. You have made a mistake, but you are not the only one who has ever made mistakes and you will not be the only one to work through it in time.

YOUR CREDIT MAY BE TATTERED BUT IT IS NOT RUINED!



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