Yasheng Group (US)  

from an email sent to US Bancorp 1/13/2017
I am sure you are very aware of the long history of US Bank: the U.S. Bank name first appeared as United States National
Bank of Portland which was established in Portland Oregon in 1891. In 1902, there was a merger with Ainsworth National
Bank of Portland, but the U.S. National Bank name was retained. This was a long-sighted decision as a 1913 federal law
prohibited other banks from using “United States” in their names from that time forward. There was a name change to the
United States National Bank of Oregon in 1964.  That company was among the first banks to form a bank holding
company,  U.S. Bancorp, on September 9, 1968. 
So you can imagine my surprise when as a loyal but evidently not very dextrous customer looking for an ATM I slightly
mis-typed a Google search request and wound up on a page that belonged to the domain 1888bancorp.com. The title on the
webpage is "U.S. Bancorp & Capital Trust - Investments In Rent To Own Communities" and the description on the web
page is "A Licensed Investment Bank & 100% Subsidiary of Yasheng Group (OTCQB: HERB; XETRA: YSF.DE) with
more than 10,000 employees and $2.4 Billion in corporate assets." 
Yasheng Group (US) was evicted from its Redwood City offices some months ago after the President was fired by the
Board of Directors of the parent company (which owns more than 80% of the stock) in China in August. This can be
verified in the form 8K filed on Edgar. There is no working telephone, and the listed corporate counsel, Mr. Jerry Chilton of
of Arizona, has received neither instructions nor funds.  Yasheng Group US has, to my knowledge, never sold any products
or made any legal revenue. The website (www.yashenggroup.com) has not been updated for years. Employees were not
paid (at all) during 2016, and will be having their case heard at an EDD hearing next month. State and Federal taxes have
not been filed for 2015. There has been no shareholders' annual meeting in years, nor has there been a US board of directors
meeting in memory. The current CEO and CFO reside in China and speak little or no English. As far as I can determine,
Yasheng Group US principle activities consist of fraud, stock scams and losing lawsuits.  I would not think any even
accidental association with US Bank and US Bancorp would serve the real bank well.
Screenshot Screen capture of 1888bancorp.comm web page source
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