Three Billion Dollar fraud at PREPA …will be repaid by Puerto Ricans


… and so it starts!!
“For the next ten years, Puerto Rico will pay a so-called “debt” of $72 billion to the US. Most of this “debt” is unconstitutional, inflated, and/or outright fraudulent. A prime example of this is the astonishing admission of financial fraud, on the website of the Puerto Rico Electrical and Power Authority (PREPA).”

WAR AGAINST ALL PUERTO RICANS

Book - 12-10

For the next ten years, Puerto Rico will pay a so-called “debt” of $72 billion to the US. Most of this “debt” is unconstitutional, inflated, and/or outright fraudulent. A prime example of this is the astonishing admission of financial fraud, on the website of the Puerto Rico Electrical and Power Authority (PREPA).

The web site shows how three billion dollars were stolen “for the benefit of the financial community.” And now, a Financial Control Board will ensure that Puerto Rico will reward Wall Street…for its own theft.

This theft in broad daylight was cleverly engineered, so that the taxpayers of Puerto Rico will have to pay for it.

THE SEVEN PREPA BONDS

The shocking information appears in every PREPA bond offering from 2010 to 2013, while Luis Fortuño was governor.

Luis Fortuño, man of the people


In the current PREPA website, seven bond instruments are fully visible:

http://www.aeepr.com/INVESTORS/DOCS/Financial%20Information/Official%20Statement/PREPA%20Revenue%20Bonds%20Series%202013A.pdf

http://www.aeepr.com/INVESTORS/DOCS/Financial%20Information/Official%20Statement/PREPA%20Revenue%20Bonds%20Series%202012A.pdf

View original post 398 more words

This entry was posted in Equality by Dr. Rex. Bookmark the permalink.

About Dr. Rex

I'm originally from Puerto Rico. I was born in Santurce and raised in Rio Piedras. Have lived in Florida since 1999. I have a doctorate degree in Medicine; completed in 1976. My Internal Medicine specialty was completed in 1979. Worked for Puerto Rico's health system until 1985. At this time, I'm happily retired after working for the federal government for almost 28yrs. I want to offer any knowledge that I have to anyone "out there" who is interested. My views are liberal in almost every sense. My knowledge is "eclectic" - a bit of everything. Music and reading are my passion. Blogging has also become a very interesting endeavor. Metaphysical topics attract me. I'm interested in news reporting human issues like injustice, discrimination and abuse - the "wrongly" affected. My intention is to bring this knowledge to an understandable level and to help anyone in need. I'm open to questions and will answer them to the best of my ability. Currently working on an enterprise whose main mission will be to bring peoples of all walks of life together. To be one .... since we ALL are ONE!! The future looks bright and promising!!!

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.