Phone Hacking Scandal Plagued Rupert Murdoch Is Embezzling Money From News Corp

Murdoch Family Is Cheating Shareholders

This is a follow up to the Judiciary Report's series of phone hacking articles, regarding a story I broke first, via a formal, written police complaint to the Metropolitan Police in London, England. Since the time of the police complaint I filed, 100 people have been arrested in connection with the scandal. People are still being investigated by the police regarding the case.

News Corp CEO Rupert Murdoch's greed knows no end. Not content with stealing the assets of companies he illegally sabotaged and pillaged in violation of the law, Murdoch and members of his family have been embezzling money from News Corp, misappropriating funds which eats into shareholder profits.

Madonna crony and fellow Kabbalah Center member Murdoch, is operating under the unethical premise that News Corp is his company, but once you open a corporation up to the stock market and sell shares to the public, there is legal accountability. Conrad Black went to prison for far less than Murdoch is doing. Why does Murdoch think his unlawful conduct is acceptable. 

Side Bar: I'm still being harassed by the Kabbalah Center, so I'm going to keep writing about their crimes the public doesn't know about...

Whitney Houston's Family Needs To Hire A Law Firm And Accounting Agency For A Forensic Audit Of Her Finances

Whitney Houston

Yesterday, the Judiciary Report went over Whitney Houston's finances based on facts that have been present throughout her career, as part of public record and other items that are known industry rates, percentages and standards. With all her expenditures, Houston should not have died broke or had financial troubles, as was stated in the last weeks of her life.

When you have a hit album out the gate, as Houston did with her debut, you are in a greater position to negotiate a higher royalty rate, which is the accepted standard. Houston had one of the better royalty rates in music regarding album sales. Houston's videos were also not very expensive. Therefore, she would not be stuck with massive costs to recoup per project, such as those that would apply to an artist such as Michael Jackson, who loved big music video productions that cost millions per shoots. Houston had many concert videos, simple in-studio shoots and others that were outdoors, costing far less than big budget CGI videos favored by stars such as Jackson.

Michael Jackson, another Sony star, died in 2009 from a pharmaceutical drug overdose, for which Dr. Conrad Murray was sent to jail. However, Houston's reported heavy alcohol drinking, which pharmaceutical companies warn against when taking their products, may be a technicality that gets doctors off the hook that prescribed her the meds found in her hotel suite.

Her marketing costs were not above average, as Houston's music often sold itself. Her recording cost were above average, as she had the best producers and travel accommodations. However, not to the point that she made very little in profit. Well, not until her last album "I Look To You" which did not sell particularly well. However, that is not enough to negate the massive profits she generated for Sony Music, who made over $1 billion dollars off Houston during her 25-years, based on the number of records she sold in her career. Her royalty rate should have approached 20% with continued negotiations throughout her career.

Houston launched multiple tours that were very successful and when you are an artist of her status based on sales, you can make $1,000,000 per night on stage at the height of your fame. Tours are a major source of income for artists, as it is more cut and dry that the complexities of album sales, where they nickel and dime you on everything.

Houston's 18-year-old daughter Bobbi Kristina Brown will get the bulk of the late singer's estate

Her film career was quite successful as both an actress and producer. She had endorsement deals with companies like AT&T (Remember the "True Voice" ads). Even with her spending habits, that save for roughly $10,000,000 in drugs, she should not have been broke. Her homes were not that expensive compared to other stars, who generated far less revenue, but are still in their properties, when Houston lost two of hers.

Early in her career Houston bought a home in New Jersey, then the surrounding parcels. Her homes in Atlanta and Miami were not that expensive by industry standards. She'd sold the Los Angeles property years prior. She was not like Elizabeth Taylor in the jewelry department. Designers were always giving her clothes. By all accounts she had a few cars. Therefore, being on the brink of bankruptcy should not have entered the picture.

Devastated Cissy Houston arrives to meet her daughter's body at the funeral home in New Jersey, after it was repatriated from Los Angeles where she died

Then, there's the bank interest Houston's level of wealth would have generated. She should have been able to live off the interest alone. For Houston to be broke means tens of millions of dollars are missing from her earnings. When one is struggling with addiction, it is easy to miss such a fact. I do not think Sony gave Houston all that she was due.

The Judiciary Report is also of the belief somewhere on a management and accounting level, Houston was being robbed as well. It's time to call in some independent lawyers and a forensic accounting firm, all on a reasonable set fee, to go over what happened to her fortune, because something is not right. And make no mistake, she was having money problems, as her homes were being foreclosed on.

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The Numbers Speak For Themselves

Whitney Houston

Many are wondering about reports of Whitney Houston dying broke, as stories surfaced weeks before her death with said claims. Each of Houston's tours in her hay day, tied in with merchandising deals, would pull in $30,000,000 to $40,000,000. Her record sales and increased royalty rate should have netted her at least $125,000,000 for 170,000,000 albums and singles sold. Her work in the film industry brought in additional millions. She was one of the highest paid black stars in entertainment history.

She should have accumulated a $250,000,000 fortune. In terms of real estate, in her lifetime, Houston bought $15,000,000 in properties in Mendham, New Jersey, a $2,000,000 condo in Miami, a $1,500,000 home in Atlanta and a $5,000,000 home in Los Angeles. In the early 1990s, when a $2,000,000 Atlanta mansion belonging to Houston's ex-husband, Bobby Brown, went into foreclosure, she paid to save the property.

Taxes, upkeep and staff on the aforementioned homes had to have cost her at least 8 figures over the years. Then, there's security costs that had to run into the millions over her 25-year career. Figure in another $5,000,000 to $10,000,000 for luxury cars over the years and a few million more for clothes and jewelry.

Houston and her husband had a serious drug habit during their marriage, which on average in celebrity circles could cost upwards of $1,000 per person per day, $2,000 per day for the couple, that's roughly $56,000 per month, $672,000 per year and $9,048,000 over 14 years of marriage. Houston and Brown remained on drugs after their divorce, racking up more drug tabs. They had each entered rehab again in recent years.

Houston also reportedly gave her daughter a $5,000 per month allowance. The family took many expensive vacations, traveled by private jet and spent lavishly on shopping sprees over the years. Still, with all the aforementioned expenditures, even after taxes, Houston should not have been broke, but something was wrong, as her properties were going into foreclosure and being sold in fire sales.

Houston had a lot of people in her life after her money and assets. At one point, they even duped her ailing father/manager, in attempts at fleecing the family. I can't help but think different people may have been stealing her money, as there were industry fights over her cash and all her earnings should not have been gone. Her daughter will be provided for via posthumous sales of Houston's music, but Bobbi Kristina Brown may be fleeced as well, regarding the parasites at Sony Music and other intermediaries.

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Unnecessary Foreclosures

America has experienced a record number of foreclosures that saw millions lose their homes. However, there is a national issue, exacerbating the problem. Municipalities and real estate boards in America, placing liens on homes, in violation of Homestead Law, then forcing properties into foreclosure.

Miami has been plagued with this problem, as has many other U.S. cities nationwide, where greedy residential boards, municipalities and property associations, have forced American families into foreclosures, via frivolous liens for items such as, grass that was not mowed in a timely fashion, house color violations, roof cleaning issues (mildew) and other cosmetic citations of that nature on perfectly habitable homes.

The problems arise when exorbitant liens for $25-$500 U.S. dollars per day, are unconscionably placed on properties and in many instances, foreclosure proceedings initiated.

Some homeowners did not receive citation notices, while others, who are on a budget or have lost their jobs in the current terrible economic climate, cannot afford to make the cosmetic changes demanded by local councils and end up on the street, when their homes are seized via subsequent council foreclosures.

Let that sink in. There are many people that are struggling to and manage to pay their mortgages, but are being confronted and harassingly so, by Code Enforcement officers, telling them their home is the wrong color, their roof is not clean enough (mildew) or their grass needs mowing, then placing a massive daily lien on their homes, triggering unnecessary foreclosures.

Another pattern emerging is crooked code enforcement officers rushing to place frivolous liens on homeowners properties, when they read of properties going on sale via realtors' websites, hoping to cash in.

Many Americans have been forced to sell their homes, to spare their credit during this tough financial crisis and hopefully gain some cash to move on with, using the equity therein, only to be confronted with terrible, invented liens, designed to steal the financial equity they have built up in their property over the years.

This foolishness should not be happening in America (or anywhere in this world for that matter) especially during a financial crisis. It is absolute fraud, as Homestead Law, forbids such liens, which are legally labeled "unenforceable."

In one such recent incident in Miami Shores, a Haitian man died of a heart attack, due to financial problems, including being harangued and harassed by said village board, over an accruing lien they placed on his property in 2004, in violation of Homestead Law.

Weeks after his death, a callous Miami Shores Code Enforcement officer, saw his wife trying to work in the home's garden and snidely informed her, in violation of U.S. Homestead Law, don't bother, because the Village of Miami Shores is going to own the home, foreclosing on it, due to some stupid, ongoing, daily lien they placed on the property in 2004, that has grown to the massive sum of $200,000.

She is grieving for her deceased husband and being confronted with such illegal insidiousness. The woman just buried her husband and has to seek legal representation, which will cost thousands, to save her home from a greedy, unconscionable village council.

Ironically, the village council is stocked with people that own construction and home repair businesses, so when they excessively cite homeowners, guess whose businesses you are likely going to end up going to in order to correct the so-called code violations on your home.

Ironically, just yesterday, a Miami Shores Village employee was arrested for embezzling $200,000 in funds from taxpayers in the area, who pay lien and sanitation fees.

The South Florida law firm of Genovese, Joblove and Battista, has openly and actively, broken U.S. Homestead law, launching American families in South Florida, into bankruptcy and severe financial straights, via inflexible, daily property liens, which have nothing to do with homeowners' mortgages.

Other similar law firms around the nation, are also egregiously breaking Homestead Law, costing Americans many millions in code enforcements citations/liens and in many cases, their homes. Something needs to be done about this on a federal level, as it is damaging American homeowners, whilst putting some out on the street in violation of existing laws.