Sentences with phrase «alleged real estate scheme»

Not exact matches

It alleges that Gates and Manafort lied to lenders about their finances and concocted a real estate scheme so they would have more liquidity.

Mr. Silver stands accused of two schemes in which Mr. Bharara alleges he used his position as Assembly speaker to rake in more than $ 6 million, which he presented as legitimately earned income for representing or referring clients in real estate or asbestos legal dealings.

In a swaggering press conference at his offices in Manhattan, Mr. Bharara detailed two alleged extortion schemes Mr. Silver undertook to enrich himself: one involving an unidentified doctor handling asbestos cases, who was not charged with a crime after cooperating with the U.S. attorney's office, and another with a small, politically - connected real estate law firm that also avoided charges in this complaint.

In another alleged scheme, Silver was accused of accepting bribes in exchange for enacting tax breaks that helped a Manhattan real estate firm.

The second scheme alleges Silver urged major real estate developers, including Glenwood Management, the state's sveltest political donor, to hire Goldberg & Iryami for tax certiorari work.

In another alleged scheme, Silver received $ 700,000 from the law firm Goldberg & Iryami for pushing two major real - estate developers to use their services.

In one of three alleged schemes, prosecutors said that the two men solicited bribes from Charles Dorego, a real estate executive at Glenwood Management, who directed $ 20,000 check for title insurance work to the younger Skelos, at a time when the company was lobbying for housing and rent - related legislation that was crucial to its business.

An undercover FBI agent posed as a corrupt real estate developer as part of the federal government's investigation into the alleged bribery scheme.

Silver's lawyers also claimed there wasn't enough evidence to even consider charges related to a second alleged scheme, in which Silver steered a real estate company to a friend's law firm, also in exchange for fees, Defense attorneys say the parties involved had no idea Silver was even collecting the money.

Prosecutors in the Sheldon Silver corruption case called two key players, including an official with Glenwood Management, to the stand today to answer questions about the former Assembly speaker's alleged involvement in a real - estate kickback scheme.

Silver, 70, was indicted on three charges, theft of honest services wire fraud and mail fraud and extortion in the alleged real estate and asbestos cancer schemes.

Silver received $ 700,000 in referral fees from a real estate law firm doing tax appeal work for Glenwood in an alleged kickback scheme as he directed tax breaks to Glenwood, the indictment claims.

Silver also received another $ 700,000 in referral fees from a real estate law firm in an alleged kickback scheme as he directed tax breaks to two developers, including Glenwood Management, the largest political donor in the state.

Skelos is U.S. Attorney Preet Bharara's latest target, after Assembly Speaker Sheldon Silver was arrested last week for an alleged $ 4 million bribery scheme tied to a real estate law firm, according to NBC 4 New York.

The arrests come just months after Assembly Speaker Sheldon Silver was arrested for an alleged kickback scheme involving real estate deals and asbestos cancer patients.

The criminal complaint alleges Silver got approximately $ 700,000 through another scheme involving a real estate firm.

The new charges are in addition to bribery and extortion charges connected to two other alleged corruption schemes, dealing with a real estate developer and an environmental technology company.

The effort comes after bribery charges were filed against the mayor and deputy mayor of the Rockland County Village of Spring Valley in an alleged real - estate development scheme with ties to state Senator Malcolm Smith, who along with three others, was charged in connection with an alleged plot to rig the New York City mayoral race.

Filed in the Court of the Queen's Bench of Alberta in April, the 134 - page statement of claim alleges that groups of individuals worked a highly complex real estate and mortgage scheme that is similar to «pump and dump» schemes on stock markets, where the price of an company is inflated and then shares are dumped.

Emergent has filed suit under the federal Racketeering Influenced and Corrupt Organizations Act («RICO») on behalf of 164 former students of «Flip This House» star Armando Montelongo and his companies, alleging that the real estate mogul's educational offerings — which cost up to tens of thousands of dollars, and which are attended by thousands of students every year — do not live up to the central claim that the Montelongo «system works in any financial market, at any given time,» and are instead the heart of a fraudulent scheme to sell students worthless «education.»