
CHICAGO-(AEAE)-BANK OF NEW YORK MELLON BANK CHAIRMAN ROBERT P. KELLY REFUSES TO TESTIFY AT A DEPOSITION HEARING IN CHICAGO UPON THE ADVISE OF HIS COUNSEL IN ORDER TO AVOID A “PERJURY” CHARGE. The Bank of New York Mellon was sued in Chicago for Civil Racketeering under the RICO statute, for fraud, conspiracy, deceptive trade practices. Bryant Cave LLP senior Partner Steven R. Smith and his “bag man” Michael Werich had sent email stating that they will not present the officer and directors of the Bank of New York Mellon Trust Co., nor the officers and directors of Bank of America for depositions today. Motions to Compel Robert P. Kelly and the others to present themselves at the depositions have been filed before Illinois Associate Court Judge McGrath. It has been reported that Robert P. Kelly is paid over $30 million a year by Bank of New York Mellon Trust Co.
Steven R. Smith and Michael Werich have been charged in a pleading with Indirect Criminal Contempt in a pleading filed in the Illinois Cook County. Bryan Cave refused to return calls in reference to this story.