These payments by HUD were artificially inflated as a result of the defendants fraudulent conduct," officials said. ("Gov't Opp'n"), Docket Entry No. (Order dated Sept. 12, 2019, Docket Entry No. The Real Reason Fredrik Eklund Left Million Dollar Listing 's Mot. Specify your area of interest and attach your resume to Joe Messina here. I felt bad for him, said the real estate pro. (Def. Ryan Serhant is Leaving Million Dollar Listing New York as - People 's Reply") 2, Docket Entry No. HOCHUL FACES NEW NOMINATION AFTER HISTORIC REJECTION, RULING ALLOWS SOME POT DISPENSARY LICENSES IN NY TO GO AHEAD, 1-STORY PRODUCE MARKET TO BE DEMOLISHED IN BROOKLYN HEIGHTS. ), The Indictment specifies seven "select transactions" that Defendants and the Short Sale Co-Conspirators executed as part of the Short Sale Schemes, involving properties located at: 175 Vernon Avenue, Brooklyn, New York; 1219 Jefferson Avenue, Brooklyn, New York; 1319 Jefferson Avenue, Brooklyn, New York; 1055 Herkimer Street, Brooklyn, New York; 177 Lewis Avenue, Brooklyn, New York; 2403 Dean Street, Brooklyn, New York; and 65 Glen Street, Brooklyn, New York. Age: 48 In October 2020, the mother of two sold a waterfront property in Laguna Beach for $14.25 million. A lock ( USA v. Aronov (1:19-mj-03447), Florida Southern District Court Iskyo Aronov (also known as "Isaac Aronov") Middle Village, New York, Ron Borovinsky, Hollis Hills, New York and Michael Konstantinovskiy, Roslyn Heights, New York have been charged in a wide-ranging mortgage fraud scheme to defraud the government. See Wey, 2017 WL 237651, at *5 ("An indictment does not 'have to specify evidence or details of how the offense was committed.'" 1S8C HOLDINGS LLC. Two of them also were released on bond, including Michael Herskowitz, a 40-year-old Brooklyn lawyer. Million Dollar Listing Los Angeles Season 14 Cast Changes - Heavy.com Eagle file photo, News for those who live, work and play in Brooklyn and beyond, May 1 | Fraudsters targeted homeowners hoping to avoid foreclosure. 1995); see also United States v. Gatto, 295 F.Supp.3d 336, 349-50 (S.D.N.Y. An indictment was unsealed today in federal court in Brooklyn charging Iskyo Aronov, Michael Konstantinovskiy, Tomer Dafna, Avraham Tarshish and Michael Herskowitz with conspiracy to commit wire fraud and bank fraud, and related wire fraud counts, in connection with a scheme to defraud mortgage lenders, including the Federal National Mortgage Association (Fannie Mae), the Federal Home Loan Mortgage Corporation (Freddie Mac) and borrowers. Heather's Instagram is filled with beautiful homes in the LA area that range from $1.6 million to well over $15 million. Queens Village, New York, Michael Herskowitz ), The Government argues that the Indictment is sufficient to put Herskowitz on notice as to the crimes charged in conjunction with his alleged involvement in the Exclusive Homes Scheme, including that he "wired funds to [the loan servicer in order to] complete three of the fraudulent short sale examples described in the Indictment," and "that the loan servicer, in violation of the short sale conditions it had imposed, was not told of the actual purchase price or the amounts paid to the Short Sale Co-Conspirators." Aronov was the founder, Chief Executive Officer and President of defendants My Ideal Property Inc., My Ideal Property Group LLC and MIP Management Inc., and also controlled other affiliated corporate entities that he allegedly established to help him fraudulently acquire residential properties. On April 29, 2019, a grand jury returned an indictment against Defendants Iskyo Aronov, Michael Konstantinovskiy, Tomer Dafna, Avraham Tarshish, and Michael Herskowitz, charging them with conspiracy to commit wire and bank fraud in violation of 18 U.S.C. The Untold Truth Of Million Dollar Listing - YouTube Under the federal program, homeowners with defaulted mortgages that are insured by the Federal Housing Administration can sell their properties in a "short sale" for less than the balance of the mortgage if the sale is for fair market value. Sign up for free Patch newsletters and alerts. Fed. Read more of today's breaking news, here. Great Neck, New York, Avraham Tarshish (also known as Avi Tarshish) As alleged, these defendants fraudulently obtained homes at depressed prices at the expense of a taxpayer-funded program designed to assist borrowers seeking the American Dream of home ownership, Acting U.S. Attorney Seth DuCharme said. 1343 (2008); see also Fountain v. United States, 357 F.3d 250, 252 (2d Cir. 1.1 196. They allegedly manipulated the short sale at an arms length transaction, in which they would pay the homeowner to sign over their deeds, hire a fake agent to market the properties, and then sell it to one of their shell companies. In December 2021, he opened up in a personal essay with Today about his decision to lose weight. In the process, defendants made a host of material misrepresentations in critical transaction documents. People who commit Ponzi schemes lead you to think theyre your best friend before stabbing you in the back, said one real estate professional who got scammed by DAlessio. However, the Indictment also contains specific factual allegations regarding Herskowitz's involvement in the short sale transactions to purchase 1219 Jefferson Avenue and 2403 Dean Street, (see Id. And those deals looked solid by association. Secure .gov websites use HTTPS 'Million Dollar Listing' Brokers Reveal What's Staged - but Also What's The homes sold through the scam include nine in Brooklyn including three in Bed-Stuy and two in Bushwick and one in Queens Village, documents show. We are always seeking enthusiastic team members to help enhance and enlarge our content for and about Brooklyn. Under the FCA, private citizens with knowledge of fraud against the government can bring a lawsuit on behalf of the United States and share in the recovery. A locked padlock ADVERTISEMENT. P. 12(b)(3)(B); United States v. Aleynikov, 676 F.3d 71, 75-76 (2d Cir. Date of Arrest or Surrender: 9/9/19. The United States has filed a civil complaint in federal court in Brooklyn seeking damages and penalties against three individuals and multiple companies alleged to have engaged in a wide-ranging mortgage fraud scheme to defraud the government. (citation omitted)). 15-CV-611, 2017 WL 237651, at *5 (S.D.N.Y. (Id. An indictment is to be "read 'to include facts which are necessarily implied by the specific allegations' therein." David Noel Kelley (212) 698-3500. UNITED STATES DISTRICT COURT EASTERN DISTRICT OF NEW YORK. Have an opinion? In early 2018, 14 individuals and four companies filed civil suits accusing DAlessio of fleecing them. 1349 and 3551 et seq. ), Herskowitz argues that Counts Two, Four, Six and Seven should be dismissed because the factual allegations do not support his involvement in the Exclusive Homes Scheme. Ask anything about Brooklyn. Before pleading guilty to embezzling $58 million, real estate developer Michael DAlessio was the portrait of generosity. Ryan Serhant recently spent a whopping $2.6 million in renovations on his new family townhouse in Brooklyn. " 18 U.S.C. Joining full-time, real estate broker Fredrik Eklund of 'Million Dollar Listing New York' strives to juggle bi-coastal life while bringing his unstoppable energy to the Los Angeles real estate market. 725 MANAGEMENT LLC. This Office is committed to protecting the integrity of the FHA insurance program from those who try to enrich themselves through predatory mortgage fraud schemes.. Amid the lingering effects of the mortgage crisis, Iskyo "Isaac" Aronov and his four partners located homeowners in rapidly gentrifying neighborhoods who owed more than they could pay. 10:01:36. Under HUDs Pre-Foreclosure Sale Program, qualifying homeowners with defaulted, FHA-insured mortgages may sell their properties in a short sale for less than the balance of the mortgage if the sale is for the fair market value of the property. A .gov website belongs to an official government organization in the United States. ISKYO ARONOV (also known as "Isaac Aronov") Age: 32 Miami, Florida Michael Konstantinovskiy (also known as "Michael Kay") Age: 33 Rego Park, Queens Tomer Dafna Age: 48 Great Neck, New York Avraham Tarshish (also known as "Avi Tarshish") Age: 40 Queens Village, New York Michael Herskowitz Age: 40 Brooklyn, New York E.D.N.Y. According to prosecutors, DAlessio was charged with funneling some $58 million money that should have been used for renovations through a network of more than 200 bank accounts. Submit your question here. The L.A.-based realtors have been brutally fighting with one another for 10 seasons on Million Dollar Listing Los Angeles, but after years of watching their arguments disrupt parties, cause. Aronov appeared in court in Miami and his bond was set at $500,000, according to court papers. Break up the boys club. The US Attorneys Office for the Eastern District of New York charged the men with conspiracy to commit wire fraud and bank fraud. 'Million Dollar Listing New York' Gets Season 9 Premiere Date - and Its 40:26. Lock It's no secret that Josh's wife is incredibly successful when it comes to real estate, but there is one thing . ("Counts One and . Brooklyn mortgage scam inflicts million-dollar damages to the FHA R. Crim. The four other men were arraigned in Brooklyn. Email us at exclusive@the-sun.com or call 212 416 4552. The charges in the indictment are allegations, and the defendants are presumed innocent unless and until proven guilty. How Million Dollar Listing Sparked Tracy Tutor's Divorce - E! Online Then, with the original owners gone, the partners performed fast gut renovations, installing modern fixtures and marble counters, and resold the homes for north of a million dollars. Tracy Tutor from Million Dollar Listing Los Angeles broke the fourth wall when she was seen telling a cameraman to capture a shot of her stiletto heel as she exited her car. The Federal Housing Finance Agency, Office of Inspector General (FHFA-OIG) is committed to holding accountable those who waste, steal, or abuse the resources of the Government-Sponsored Enterprises regulated by FHFA. Five Defendants Indicted in Multi-Million Dollar Mortgage Fraud Scheme 27-33. Lock Age: 40 1349 and 3551 et seq. As one of the franchise's original cast members, Fredrik was a huge part of Million Dollar Listing's success. We've received your submission. In addition, artificial devaluation of residential properties will slow the recovery of market values at a time of economic challenge when affordable housing is at a premium., Our daily newsletter is FREE and keeps you up to date with the world of mortgage. (quoting United States v. Gonzalez, 686 F.3d 122, 127 (2d Cir. Flagg has about ten luxury cars in his kitty, including a 1960 Rolls Royce Cloud II convertible. Million Dollar Listing News, Pictures, and Videos - E! Online The Cast Of Bravo's 'Million Dollar Listing' Ranked By Net Worth In the process, they made a host of material misrepresentations in critical transaction documents. Another alleged co-conspirator was arrested in Florida. Tyler Whitman, who is worth $3 million, and Kirsten Jordan, who has a net worth of $5 million, joined Million Dollar Listing New York and brought a much-needed flair to the show. 271 Cadman Plaza East The Future of Million Dollar Listing. The wife of "Million Dollar Listing Los Angeles" agent Matt Altman was arrested for felony domestic violence earlier this month, Page Six has exclusively learned. He hung up on me.. Tracy Tutor Shows Off the Jaw-dropping Results of Her Recent Home Renovation. Finally, the Court rejects Herskowitz's argument that Count One should be dismissed because he is not consistently identified as "one of those involved in the MIP Scheme." I called him and said, What the fk are you doing? See United States v. Velastegui, 199 F.3d 590, 592 n.2 (2d Cir. Aronov was arrested in Florida, and will appear this afternoon for a removal hearing at the federal courthouse in Miami. provisions of the FCA. 2005))); Coffey, 361 F.Supp.2d at 111 ("[T]he validity of an indictment is tested by its allegations, not by whether the Government can prove its case." Investors had no idea what was going on, although the insider grew more suspicious when he saw a for sale sign outside a building in the East 60s a property he had invested in. But all that largesse may have been a means to a selfish end. \ 19), and specifically alleges that Herskowitz was involved in the purchase of 1219 Jefferson Avenue and 2403 Dean Street, (id. Aronov, Dafna, Konstantinovskiy and Tarshish all worked for real estate companies and Herskowitz was a New York real estate attorney at the time of the alleged scheme. The scheme, which centered on the neighborhood of Bedford-Stuyvesant, was first laid out in a BuzzFeed News investigation. 8. Viewers will get to see the big celebrity homes in the upcoming season of the reality show. Williams v REDF Equities, LLC (2018 NY Slip Op 51224(U)) ATL. In its opposition, the Government argues that "the Indictment is more than sufficient to put Herskowitz on notice as to those charged crimes" and "to the extent that Herskowitz complains about the quantity of evidence set forth in the Indictment, there is simply no requirement that an Indictment set forth the government's evidence, explain how it will prove the charges or allege all the specific facts that show that the defendant is guilty of the charged crimes." RON BOROVINSKY Hollis Hills, New York. Neither Aronovs attorney nor those for the three other defendants, Michael Konstantinovskiy, Tomer Dafna, and Avraham Tarshish, replied to requests for comment. An indictment was unsealed today in federal court in Brooklyn charging Iskyo Aronov, Michael Konstantinovskiy, Tomer Dafna, Avraham Tarshish and Michael Herskowitz with conspiracy to commit wire fraud and bank fraud, and related wire fraud counts, in connection with a scheme to defraud mortgage lenders, including the Federal National Mortgage
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