Citifiancial is a predatory lender. They were fined in 2004 and the FTC is supposed to be watching them. CitiGroup uses the same dirty illegal tricks today. They start out with a small personal loan, come across like financial advisors. Then start flipping into another loan, because they won't let you pay it off early. They keep trying to get you to take more money and get your deed. Then CitiMortgage buys up your first mortgage, and you are dead! They foreclose on you from out of state, rip off Freddie Mac . They expect you to pay the equity loan after the house is gone. They wouldn't budge on modification. They are liars, cheats and thieves! CitiGroup is like cancer. They are diseased cells gone bad . Citigroup must be stopped

A Texas law firm is investigating Citigroup and other banks for taking out secret life insurance policies on current and former employees, and collecting the benefits when they die.

http://insurancenewsnet.com/article.asp?n=1&neID=20090113290.2_e8e10061f739577c

HOUSTON, Jan 13, 2009 (BUSINESS WIRE)-- Attorneys from Houston's The Clearman Law Firm ( www.clearmanlaw.com ) are announcing a nationwide investigation of banks that have purchased secret life insurance policies in order to collect benefits when current and former employees die.

Many of the world's largest banks have purchased "bank-owned life insurance" or "BOLI" for years, including Bank of America, JP Morgan Chase, Bear Stearns, Citigroup, Wachovia, Washington Mutual, Wells Fargo and many others.

"We are investigating banks that insure the lives of employees without their knowledge or consent, " says class-action attorney Scott Clearman of The Clearman Law Firm. "These types of policies benefit only the banks, not their employees."

In a BOLI program, a bank designates itself as the beneficiary of life insurance policies covering its employees. Nearly half of all U.S. banks have reported owning BOLI policies at an estimated value of $120 billion.

A bank purchasing a BOLI policy must provide the insurer with personal information belonging to each covered employee, including his or her name, sex, age and Social Security number. Employees' Social Security numbers are then used to conduct "death sweeps" where banks typically hire outside brokers to sweep public records in order to learn if an employee or former employee has died.

A person whose life a bank insured without consent may have a right to sue for the bank's misappropriation of their identity (name, sex, age and Social Security number). Employees may be able to recover profits made by the bank, broker and insurer.

"It is ironic that thousands of bank employees have been laid off, and yet the banks still stand to benefit financially when those employees die, " says Mr. Clearman.

Since the early 1990s, Mr. Clearman has been a pioneer in class-action lawsuits against employers for wrongfully insuring employees' lives for the employers' benefit. Following several individual lawsuits for the families of deceased employees, Mr. Clearman pursued landmark class-action claims against Wal-Mart and Fina that resulted in major settlements for his clients.

Just to give you a taste of the level of discomfort i had during my stay, here are some of the issues:

- Language problem.
- Loud noise from the disc below.
- Uncomfortable round bed..
- Pillow covers not clean.
- Showers not working properly - No hot water - everytime i had to call reception.
- No proper english or Hindi channels... All channels were south indian.
- Its says 24 hour restaurant service but its not true... closes at 11:30pm