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. Do you have a story for The US Sun team? These five individuals allegedly engaged in a scheme of wholesale deception when they provided false, misleading, and incomplete information to lending institutions, borrowers, and the Federal Housing Administration (FHA) causing millions of dollars in damages to the FHA, which typically results in higher premiums being charged to future first-time homeowners, stated HUD-OIG Special Agent-in-Charge Scaringi. Further, with respect to 1219 Jefferson Avenue, "the only mention of [him] is that he participated in the closing by wiring the loan payoff amount to the servicer's bank account," (id. I called him and said, What the fk are you doing? (Def. Each show chronicles the professional and personal lives of real estate agents based in a major American city as they sell high-end properties, giving viewers an inside look at the world of high-priced real estate. of Def. Another alleged co-conspirator was arrested in Florida. Fraudsters targeted homeowners hoping to avoid foreclosure. Million Dollar Listing New York S03. When "Million Dollar Listing New York" returns to Bravo on May 6 for Season 9, the show's first female broker, Kirsten Jordan, will join the series, TheWrap has learned. 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. Assistant United States Attorney Shannon C. Jones . The Bravo reality star, 43, has been renting in LA since relocating from the East Coast in 2018; 1349 and 3551 et seq. In early 2018, 14 individuals and four companies filed civil suits accusing DAlessio of fleecing them. Prosecutors described a Ponzi scheme in which DAlessio used money from new investors to pay off established ones. 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. (Def. 11). Flagg has about ten luxury cars in his kitty, including a 1960 Rolls Royce Cloud II convertible. If a homeowner obtains approval for a short sale, the lender releases the mortgage after the short sale and submits an FHA insurance claim to HUD to cover the outstanding mortgage balance net of the short sale proceeds, plus approved costs and interest. As a result, they not only acquired the properties for below-fair market value prices, but obtained broker fees in the transactions and induced lenders to release the FHA-insured mortgages at a loss, the complaint alleges. (quoting De La Pava, 268 F.3d at 162)). Million Dollar Listing 's Matt Altman Spotted Out With Wife After Her Domestic Violence Arrest August 18, 2022 Wife of Million Dollar Listing 's Matt Altman Arrested and Charged with Domestic. 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. Aronov: Company Services Retail Commercial Residential Resorts Third Party Management Insurance 3500 Eastern Boulevard, Montgomery, AL 36116 Mailing Address: P.O. 2000)). This Office and our A federal jury in Brooklyn returned a guilty verdict today against Marvin Pippins, also known as Mukk, a member of the Brooklyn-based street gang 5-9 Brims, on counts of racketeering As alleged, Russell turned the demand for cryptocurrency investments into a scheme to defraud numerous investors in order to fund his lifestyle, stated United States Attorney Peace. 36-42, Docket Entry No. Aronov was arrested in Florida, and will appear this afternoon for a removal hearing at the federal courthouse in Miami. To the extent Herskowitz contends that these factual recitations are insufficient to support the claim that he knowingly conspired to defraud the Short Sale Victims, he makes a premature challenge to the factual sufficiency of the Government's case. 175-1.) 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. The men face up to 30 years in prison and a $1 million fine if convicted in the federal case. (Id. 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. Accordingly, the Court finds that the Indictment is constitutionally sufficient and further finds that the inconsistency identified by Herskowitz is not sufficient to warrant dismissal of Count One, nor the related substantive counts of wire fraud charged in Counts Four and Seven. 19)), and that although "the [Government will present evidence explaining how [Herskowitz's] conduct is part of the charged crimes [at trial]," the Indictment is not required to provide the Government's evidence or specify the facts the Government plans to use to establish his guilt, (id.). Contact Lukas Vrbka at tom.gara+lukasvrbka@buzzfeed.com. They would pay homeowners to sign over their deeds, hire a fake "agent" to pretend to market the properties and then sell it to one of their own shell companies, according to court documents. ISKYO ARONOV (also known as "Isaac Aronov") Age: 32 Miami, Florida. The Short Sale Schemes "originated at [My Ideal Property ('MIP')] under the direction of [Aronov] with the assistance of [Konstantinovskiy and Tarshish], Short-Sale Co-Conspirators 1, 2 and 3, and others" (the "MIP Scheme") and the scheme was later replicated by Tarshish and Dafna "at Exclusive Homes with the assistance of Short-Sale Co-Conspirator 2 and others" (the "Exclusive Homes Scheme"). He hosted friends at his $13 million home in Water Mill, LI, to play. Official websites use .gov As for Steve Gold, the realtor set a brand new Husdon Yards . The indictment comes amid a larger crackdown on predatory real estate investment targeting New Yorkers who remain in foreclosure, dubbed an epidemic of fraud by an investigative grand jury last year. After the sale is approved, HUD covers the outstanding mortgage balance,plus approved costs and interest, using federal funds. 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. Break up the boys club. He hosted friends at his $13 million home in Water Mill, LI, to play tennis and feast on meals cooked by his private chef. RON BOROVINSKY Hollis Hills, New York. 1083 LAFAYETTE AVE. LLC. Date of Arrest or Surrender: 9/9/19. The partners negotiated with banks to let the property go for far less than market rate, a process known as short selling. (Id.) 16), and that to the extent the Indictment charges him with different substantive counts of wire fraud related to specific short sale transactions, "these counts are inconsistent with the factual recitation of the Indictment," which "indicates that [Herskowitz] was not a participant in the [MIP Scheme] and that he is named only in conjunction with the alleged Exclusive Homes [S]cheme," (id. He hung up on me.. If homeowners were defrauded or lost equity, they could file a petition in the forfeiture proceeding to be made whole. Brooklyn NY 11201, Telephone: 718-254-7000 UNITED STATES OF AMERICA, v. ISKYO ARONOV, MICHAEL KONSTANTINOVSKIY, TOMER DAFNA, AVRAHAM TARSHISH, and MICHAEL HERSKOWITZ, Defendants. DAlessio insisted that he, too, was suffering. The complaint, unsealed this afternoon by United States District Judge Margo K. Brodie, alleges that Iskyo Aronov, Ron Borovinsky, Michael Konstantinovskiy, and companies that they owned or controlled, engaged in fraudulent short sales of residential properties insured by the Federal Housing Administration (FHA) of the United States Department of Housing and Urban Development (HUD). 's Mot"), Docket Entry No. Michael Herskowitz Age: 40 Brooklyn, New York Selling Tampa 1 . L.A. real estate agent Tracy Tutor has listed a lot of homes on Million Dollar Listing Los Angeles, and in 2019 she repped a very special property: her own. (citing Costello v. United States, 350 U.S. 359, 363 (1956))). Looking for work in Brooklyn with a ISKYO ARONOV (also known as "Isaac Aronov") Middle Village, New York. This Office will Eastern District of New York (Id. Borovinsky identified himself as a co-founder with Aronov of My Ideal Property. The complaint, unsealed Tuesday afternoon by U.S. District Judge Margo K. Brodie, alleges that Iskyo Aronov, Ron Borovinsky, Michael Konstantinovskiy and companies that they owned or controlled. The charges in the indictment are allegations, and the defendants are presumed innocent unless and until proven guilty. 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. While Brooklyn has become the epitome of cool and hip in recent years, for those that were born here, raised families here and improved communities over the years, Brooklyn has never been uncool. 14.) ), On April 30, 2021, Herskowitz moved to dismiss the Indictment pursuant to Rules 12(b)(2) and (b)(3)(B)(v) of the Federal Rules of Criminal Procedure for "fail[ing] to give [n]otice of the criminal acts allegedly committed as required by Due Process of Law." Our daily newsletter is FREE and keeps you up to date with the world of mortgage. 28(d), and likewise, with respect to 2403 Dean Street, he is only "alleged to have wired the payoff amount and sale proceeds to two bank accounts on the date of closing," (id. 28, 28(d), 32, 32(f)), the Indictment also states that Aronov, Konstantinovskiy, and Tarshish, "together with others, worked on fraudulent short sales coordinated by Aronov," to the primary benefit of MIP, (Ind. 1S8C HOLDINGS LLC. Just a case of disgruntled seasoned real-estate investors with big damaged egos.. Fax Line: 718-254-7508. The Indictment provides a detailed overview of the MIP and Exclusive Homes Schemes, (see Id. MICHAEL KONSTANTIOVSKI Roslyn Heights, New York. If convicted, the defendants each face a maximum of 30 years imprisonment and a $1 million fine. 2010) (quoting United States v. LaSpina, 299 F.3d 165, 177 (2d Cir. A .gov website belongs to an official government organization in the United States. ISKYO ARONOV (also known as Isaac Aronov) (Gov't Opp'n 11.). United States v. Ghayth, 709 Fed.Appx. 139.) Love Brooklyn? From "Mayor Adams wants to reassess New York's right to shelter. 498, 506 (S.D.N.Y. The act also permits the government to intervene in such actions, as the government has done in this case. 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.. In the process, the partners helped fuel the rapid gentrification of brownstone Brooklyn, displacing black and Latino families who in many cases had lived there for decades, and repopulating the area with young, mostly white professionals. 28-28(a), 28(d)); and (2) Herskowitz "on behalf of [Aronov], wired approximately $238, 798 to a bank account designated by the [mortgage loan] servicer and approximately $153, 095 to Short Sale Co-Conspirator 2's bank account, both in connection with the short sale transaction" to purchase 2403 Dean Street, (id. New York Citys most populous borough, Brooklyn, is home to nearly 2.6 million residents. Brooklyn, New York, John Marzulli He's not only handsome, but he's also one of the most successful brokers in New York. The Indictment also charges Herskowitz with substantive wire fraud counts for wire transfers associated with the purchase of 1219 Jefferson Avenue, 2403 Dean Street, and 177 Lewis Avenue. Konstantinovskiy, Dafna, Tarshish and Herskowitz were arrested this morning in New York, and will be arraigned this afternoon before United States Magistrate Judge Lois Bloom. Aronov was the founder, Chief Executive Officer and President of defendants My Ideal Property Inc., My Ideal Propery Group LLC and MIP Management Inc., and also controlled other affiliated corporate entities that he allegedly established to help him fraudulently acquire residential properties. Aronov wt al, 1:19-cr-00408 Brought to you by the RECAP Initiative and Free Law Project, a non-profit dedicated to creating high quality open legal information. Bohm Eastern District of New York The series is a spinoff of "Million Dollar Listing Los Angeles," which premiered on Bravo in 2006. For the foregoing reasons, the Court denies Herskowitz's motion to dismiss the Indictment. Age: 40 Another got swindled out of a $500,000 college fund. Its hard, when you like a person, to consider him a crook.. bishop mclaughlin catholic high school calendar; misterio quartz with white cabinets; pet friendly rentals in belgrade, mt; 24 June 2022 ~ how much does scott d henry make on tiktok. If that property cant be easily forfeited for instance, if a house has been resold theyll have to give up other assets. However, both Million Dollar Listing series don't appear to be slowing down any time soon. 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. Not only does the Indictment provide specific factual allegations in support of Herskowitz's involvement in the MIP Scheme through his assistance with the purchase of 1219 Jefferson Avenue and 2403 Dean Street as discussed above, (see Ind. A locked padlock According to the indictment, between December 2012 and January 2019, the defendants conspired to defraud mortgage lenders, misleading them into approving short sale transactions at fraudulently depressed prices. Official websites use .gov 's Mem. Secure .gov websites use HTTPS Like us on Facebook at www.facebook.com/TheSunUS and follow us from our main Twitter account at @TheSunUS Between 2013 and 2016, Aronov and his co-conspirators engaged in the "short sales" of nine homes in Brooklyn (three in Bed-Stuy and two in Bushwick) and one in Queens Village - acquiring the. As demonstrated by this indictment, FHFA-OIG will investigate and hold accountable those who seek to victimize the government-sponsored entities supervised and regulated by FHFA, stated FHFA-OIG Special Agent-in-Charge Manchak. 40:26. For the reasons set forth below, the Court denies Herskowitz's motion to dismiss the Indictment. Bond recommendation/set: Iskyo Aronov (1) $500,000.00 w/10% w/Nebbia. See Raniere, 384 F.Supp.3d at 300 ("[Arguments which concern the sufficiency and/or truth of the allegations in the [c]omplaint, raise factual questions not appropriate for decision on a pretrial motion to dismiss." Realtors List thanks to the incredible $237 million he made in sales this year. 1344 (1990); see also United States v. Calderon, 944 F.3d 72, 91 (2d Cir.

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