Sunday, April 3, 2011

Queens does fraud well

From the Daily News:

Two Queens men were charged with defrauding banks of more than $10 million, prosecutors said Wednesday.

Manhattan federal prosecutors charged Christopher Cavounis, 30, and Jagdesh Cooma, 27, both of Fresh Meadows, with using shell companies and fake names to get loans and lines of credit.

During the scam, which lasted from 2009 to November 2010, the pair gave a bank employee a $135,000 bribe and threatened other bank employees with violence if they didn't get their money quickly, court papers charge.

From the NY Post:

Authorities say a man tried to illegally sell three Manhattan buildings that belong to somebody else — and got a $1.6 million down payment from a potential buyer.

Queens District Attorney Richard Brown says a criminal complaint names Kook Hee Nam, also known as David Nam. The charges include grand larceny, forgery and identity theft.

The buildings in question are on Seventh Avenue between 30th and 31st streets. Their owner says the defendant never had permission or authority to sell them.

The defendant allegedly produced a signed document while offering to sell all three buildings for a total of $6.5 million. The prosecutor says Nam accepted the down payment at his home in Queens.

Nam’s attorney did not immediately return a call for comment.


Anonymous said...

Of course fraud does well here.

Manes, the king of corruption, wrote the bible for all to follow.

Then after "the Donald" show closed, a sequel followed, the "granny" Shulman review...currently playing at Willets Point!

Anonymous said...

D.A. Brown does well in prosecuting fraud, as long as it does not involve Queens County Dem.
He didn't go after Mclaughlin, Seminero, Hevesi, et al, right?
(yes, he did go after Montseratt, but he was not a Dem Party favorite.)

Evan said...

"Queens does fraud well"

Mom always said we'd excel at something!!!

Claire Shillman said...

And I helped!

Anonymous said...

Queens is the epicenter of Fraud. Not one decent politician in the entire borough.

Anonymous said...

i attended a D.A. candidates night in Flushing ,Queens when Maurice Nadjari was the conservative /gop candidate. many years ago.

it was my first political experience after my military service discharge. i actually thought that i was in a totalitarian country.

the opposition gang would not allow the man to speak.
they would not stop yelling him down. they obviously were petrified that he might become the D.A.

after years later when i became familiar with the gang members, i now know why they were afraid of Nadjari. they might have gone to jail sooner.

Anonymous said...

Queens is just as mediocre at fraud as Queens is mediocre at everything else Queens does.

Anonymous said...

Christopher is doing his family proud. What goes around comes around! LOL