Adedayo Abioye v. Raymond Octavus Lee
Whether a fiduciary can retroactively claim a gift as conditional and circumvent the statute of frauds to enforce a sham loan agreement
Federal statute of the United States Code 18 U.S.C. § 1014, prohibits making a “false statement ” for the purpose of influencing certain small business investment corporations, financial institutions, any person or entity that makes in whole or in part a federally related mortgage loan as defined in section 3 of the Real Estate Settlement Procedures Act of 1974. This case presents the following questions: 1) Is it legal for a fiduciary to retroactively claim that a gift is a conditional gift? 2) Is it legal for a fiduciary to conceal profits and costs to claim that a conditional gift is a loan? 3) Will the courts allow a fiduciary to illegally violate and circumvent the statute of frauds to extortionately make a claim and enforce a sham loan agreement to charge interest and withhold earned profits/funds that rightfully belong to people/entities that the fiduciary is meant to care for? 4) Can a person/entity be held accountable for his/her/it ’s false and misleading statements that have caused damages and have established a precedent that influences others and causes limitless damages to other victims? i Petition for Writ of Certiorari