Heads up you Albany, New Yorkers. This is a real stink-a-poo in your own backyard! "Like mother, like Daughter"?
 | |||
| Can you find Senator Gillibrand in this picture? |
Posted by Alexander Higgins - August 13, 2012 at 3:49 pm -
The US Attorney General has been provided documents implicating US Senator’s Mother in a mortgage fraud ring and several officials helping to cover it up.
Alexander HigginsAugust 12 ,2012
NY Attorney Michael G. Bouchard has informed me that on July 17th he sent a letter to to United States Attorney General Eric Holder providing comprehensive evidence of federal government corruption in Albany, New York .The corruption involves the ongoing coverup by top federal law enforcement officials of Senator Gillibrand’s Mother’s mortgage fraud ring.
The letter sent to Attorney General Holder documents a series of mortgage fraud scams that have been committed by Polly Rutnik, a New York Attorney and the mother of a United States Senator Kirsten Gillibrand, and her co-conspirators.
The supporting attachments in the letter implicates Polly Rutnik, a former NYPD officer, Aaron Dates, the partner of the law firm of a former Albany Mayor and several others conspiring together to carry out the sophisticated mortgage fraud schemes.
The letter further points out that any the who are associated with the government have eluded the attention of federal prosecutors investigating the ring.
At the same time those who participants not associated with the government have been arrested and convicted or are currently being actively prosecuted.
Bouchard’s explains in the letter to Holder that in the process of covering up the fraud of the Senator’s mother the federal prosecutor’s are also on a witch hunt to find scapegoats to pin her numerous crimes on.
The letter implies federal prosecutors are targeting Bouchard for this purpose even though he was merely the settlement lawyer in one of the numerous cases of fraud.
Bouchard further contends he had no idea the settlement he was hired for was a fraudulent transaction yet federal prosecutors are trying to frivolously target him.
On the other hand, Attorney Bouchard’s supporting exhibits provide clear evidence of fraud committed by Polly Rutnik and her co-conspirators in repeated scams before and after the settlement he was hired for..
But as I detail below, Attorney Bouchard’s and the supporting exhibits provide clear evidence of Senator’s mother knowingly and willfully committed fraud as did her co-conspirators to perpetrate the scams.
Those documents show several conspirators filing fraudulent mortgage documents with Polly Rutnik being at the center of the foul play.
I pick up a few pages in where Bouchard explains his office turned over to federal investigators, upon their subpoena, mortgage closing documents in 2005.
[...] back to the subpoena that was delivered by Fattarusso and Hensle to my office in July 2005. Since one of the entities named in the subpoena was Team Title, the subpoena embraced files that involved Team Title as the title company for real estate transactions. This would include files wherein mortgage fraud may have been committed by other parties that were participants in real estate transactions that involved Team Title and/or its principals.
One oft he files that was given to the federal government in 2005 was a file wherein Polly Rutnik (doing business as “Clinton Avenue Associates”) sold property located at 163 Dove Street, Albany, New York to a person named Luis Santana. Team Title was the title company for this transaction. When the files from my office were given to the federal government in 2005, members of my office staff made Copies of approximately 7 files for our records as a random sample. One of the files that was Copied is the tile for the 163 Dove Street transaction.
Polly Rutnik, being an attorney familiar with real estate, represented herself at this transaction. The purchaser was represented by Michael Kornstein, Esq. lt is my understanding that Michael Kornstein was previously a law partner With Thomas Whalen, the former mayor of the City of Albany, and, that Kornstein is now a partner in an Albany law firm named Cooper, Erving and Savage. Also present at the transaction was a person named Aaron Dare, the mortgage originator for the buyer’s mortgage. lt is my understanding that Aaron Dare was previously the President of The Urban League of Northeastern New York. lt is also my understanding that Aaron Dare is now serving time in prison relative to his purported involvement in Certain mortgage fraud schemes.
After I hired my lawyer last summer, he reviewed our photocopies of the 7 files. While examining this particular file, in less than 5 minutes my lawyer discovered an irregularity regarding the closing. The closing statement had a purchase price of $90.000.00. However, in the file, my attorney discovered a title report issued by Tearn Title prior to the closing which stated a much lower purchase price of $33,000.00. Copies of the pertinent pages from that title report are attached hereto. It is common practice for a title company to reflect the purchase price from a contract in the preclosing title report. Therefore, there had to exist a contract signed by Polly Rutnik as the seller with the sales price of $33,000.00.
If there is any doubt of Polly Rutnik’s involvement it is set to rest in the HUD statement in which Polly hand wrote and signed that she paid the transfer tax on the inflated $90,000 price. Read more>> Feds Covering Up Senator's Mother's Mortgage Fraud RingUpon closer examination of this file, a number of other facts have been discovered, which will be detailed herein. It appears that Polly Rutnik as the seller actively participated in a mortgage fraud scheme to inflate the sales price from the actual price of $33,000.00 up to the phony price of $90,000.00. This allowed the purchaser, through Aaron Dare, to obtain a mortgage of $72,000.00 (which is an 80% loan to value ratio based on the phony price of $90,000.00). At the closing, Polly Rutnik’s sale funds were disbursed on her behalf based solely on the hidden purchase price of $33,000.00. After all disbursements were made, including the buyer’s closing costs, the remaining funds from the $72,000.00 mortgage were distributed to the buyer and a company named Invision Real Estate, LLC (lnvision was a company that was operated by Aaron Dare [now in jail for the scam] and a now deceased Albany Police detective named Kenneth Wilcox). lnvision received funds from this transaction in the amount of $25,872.85. This transaction matches the pattern of fraud used by Aaron Dare and Kenneth Wilcox on numerous other properties in the Albany area.
via WhatReallyHappened.com
