175 VERNON AVE. INC. 308 LINDE ST. LLC. 36-42, Docket Entry No. If 25 (emphasis added)). 2013) (quoting United States v. De La Pava, 268 F.3d 157, 162 (2d Cir. The Cast Of Bravo's 'Million Dollar Listing' Ranked By Net Worth United States Files Civil Fraud Suit Against Three Individuals and 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, stated Acting U.S. Attorney for the Eastern District Seth DuCharme. MARGO K. BRODIE, UNITED STATES DISTRICT JUDGE, 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 act also permits the government to intervene in such actions, as the government has done in this case. . Brooklyn, New York, John Marzulli If that property cant be easily forfeited for instance, if a house has been resold theyll have to give up other assets. f 42.). U.S. Government Sues Real Estate Pros For Brooklyn Mortgage Scam Specify your area of interest and attach your resume to Joe Messina here. (Id. DAlessio was ordered to pay $58,090,047 in restitution and must forfeit all holdings purchased with funds from the scam. Break up the boys club. 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. HUD, in turn, pays the lenders claim from federal funds. Johanna Altman, 40, was. That may be a good thing for the borrowers, said Catherine Isobe, senior staff attorney at Brooklyn Legal Services, who has worked on foreclosure cases for years. (Ind. From "Mayor Adams wants to reassess New York's right to shelter. 12, 14.) Middle Village, New York, MICHAEL KONSTANTIOVSKI In support, Herskowitz argues that although he is charged in Counts One, Four and Seven as related to the MIP Scheme, the Indictment does not allege that he "participated in the actual arrangements for either the 1219 Jefferson [Avenue] 2403 Dean [Street] sales, which the Indictment makes clear were done exclusively by co-Defendants Tarshish, Dafha and Aronov." P. 7(c)(1); United States v. Dupree, 870 F.3d 62, 70 (2d Cir. (citation omitted)). HUD, in turn, pays the lenders claim from federal funds. (Id. 's Mot. (Def. " 18 U.S.C. 25). as Ex. Ryan Serhant recently spent a whopping $2.6 million in renovations on his new family townhouse in Brooklyn. 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. The Million Dollar Listing Los Angeles season 14 airs on Thursday and will be even bigger than before. MDLNY's Luis D. Ortiz Accuses Ex Nikita Singh of Trying to "Destroy His Life" and "Maliciously" Taking Daughter Away as She Responds. 'Million Dollar Listing' star Josh Flagg scores $9M home after We are always seeking enthusiastic team members to help enhance and enlarge our content for and about Brooklyn. If 25).) The New York Post reported last month that his firm scored its first (multi) million-dollar listing: 355 Ocean Boulevard, the largest single-family oceanfront property in Miami. 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 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. Million Dollar Listing Los Angeles Season 14 Cast Changes - Heavy.com 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. As a result, the Second Circuit "ha[s] consistently upheld indictments that do little more than to track the language of the statute charged and state the time and place (in approximate terms) of the alleged crime." [1] The US Attorneys Office for the Eastern District of New York charged the men with conspiracy to commit wire fraud and bank fraud. 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. ISKYO ARONOV (also known as "Isaac Aronov") Age: 32 Miami, Florida. provisions of the FCA. The four other men were arraigned in Brooklyn. 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. Indictments must contain both "a plain, concise, and definite written statement of the essential facts constituting the offense charged" and a "citation of the statute, rule, regulation, or other provision of law that the defendant is alleged to have violated." 2018) ("[A] court cannot test the sufficiency of the government's evidence on a Rule 12(b) motion."). In a complaint unsealed today, Aronov, Borovinsky, Konstantinovskiy, and companies that . The Real Reason Fredrik Eklund Left Million Dollar Listing 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. 2010) (quoting United States v. LaSpina, 299 F.3d 165, 177 (2d Cir. 1344 (1990); see also United States v. Calderon, 944 F.3d 72, 91 (2d Cir. 8. A pal of DAlessios told The Post that the developer, now 53, paid his driver to chauffeur a friend, who was too injured to fly, from Colorado to New York. 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. Jake Offenhartz, Associated Press, 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. 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. The Untold Truth Of Million Dollar Listing - TheList.com As one of the franchise's original cast members, Fredrik was a huge part of Million Dollar Listing's success. Two of them also were released on bond, including Michael Herskowitz, a 40-year-old Brooklyn lawyer. (citing United States v. Wey, No. United States v. Ghayth, 709 Fed.Appx. While . For the reasons set forth below, the Court denies Herskowitz's motion to dismiss the Indictment. An official website of the United States government. 139.) ("Counts Three through Seven"). Dog Owner? He was taking care of everybody. 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. 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. The defendants allegedly engaged in a scheme of wholesale deception when they provided false, misleading, and incomplete information to lending institutions, homeowners, 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, HUD-OIG Special Agent-in-Charge Scaringi said. 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. 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 Government contends generally that Herskowitz's claim that "the Indictment is 'silent' as to his role in the charged short sale fraud Counts is both untrue and irrelevant." Feb. 13, 2012); United States v. Sampson, 898 F.3d 270, 282 (2d Cir. We are proud to have partnered with the U.S. Attorneys Office for the Eastern District of New York in this case, said RobertManchak,special agent-in-charge, Federal Housing Finance Agency, Office of Inspector General. In April, the developer pleaded guilty to wire fraud in connection with his three-year scheme to rip off investors in luxury real estate projects. The act also permits the government to intervene in such actions, as the government has done in this case. We done some digging to find out whether she has had any work done. He said he would cut back by no longer going to his golf club, recalled the real estate pro, who lost around $70,000. In December 2021, he opened up in a personal essay with Today about his decision to lose weight. 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. Herskowitz also argues that the "allegations do not show that his participation in the closings was with any kind of guilty knowledge," and instead the "factual detail in the Indictment negates any inference of even an implicit understanding [of the conspiracy]" by making clear that he "was a closing agent and nothing more, who was used by his co-Defendants rather than being a partner in crime with them." 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. Age: 33 After the approved short sale, HUD covers the outstanding mortgage balance not covered by sale proceeds using federal funds. 15, 18.) Date of Arrest or Surrender: 9/9/19. 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. Million Dollar Listing is meant to represent the top 1% trying to buy and sell houses and for this, the show needs to add some glamor from time to time. The United States filed a civil complaint against three New York men accused of running a years-long mortgage scheme that defrauded the government's housing agencies, the United States Attorney for the Eastern District of New York announced. Likewise, Herskowitz argues that he is wrongly "charged in Count Six - the substantive wire fraud count relating to the 177 Lewis Avenue sale - even though the factual portion of the Indictment indicates that he was not involved in that sale." Email us at exclusive@the-sun.com or call 212 416 4552. Submit your question here. 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. The men face up to 30 years in prison and a $1 million fine if convicted in the federal case. (Id.) Updated Jun 15, 2022 at 12:02am. For the foregoing reasons, the Court denies Herskowitz's motion to dismiss the Indictment. Five Defendants Indicted in Multi-Million Dollar Mortgage Fraud Scheme See Wey, 2017 WL 237651, at *5 ("An indictment does not 'have to specify evidence or details of how the offense was committed.'" ), 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." ), 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. The Court denies the motion to dismiss because the Indictment tracks the statutory language of the charged crimes and provides sufficient notice of Herskowitz's alleged criminal conduct. 1349 and 3551 et seq. If homeowners were defrauded or lost equity, they could file a petition in the forfeiture proceeding to be made whole. R. Crim. 2019) ("[T]he court must assume that the [i]ndictment's allegations are true for the purposes of a motion to dismiss.'" Thus, the Indictment provides a non-exhaustive list of Defendants allegedly involved in the MIP Scheme, see United States v. Stavroulakis, 952 F.2d 686, 693 (2d Cir. In support of his motion to dismiss the Indictment, Herskowitz argues that it provides constitutionally insufficient notice of the conduct for which the Government seeks to hold him criminally liable. Michael Konstantinovskiy (also known as "Michael Kay") Age: 33 Rego Park, Queens. As alleged, the defendants defrauded mortgage loan holders out of millions of dollars, with taxpayers saddled with much of the loss, Richard P. Donoghue, United States attorney for the Eastern District of New York, announced. 41-42) - for his involvement in specified financial transactions alleged to have been undertaken in furtherance of the MIP and Exclusive Homes Schemes. Fraudsters targeted homeowners hoping to avoid foreclosure. Can He?" Aronov appeared in court in Miami and his bond was set at $500,000, according to court papers. These payments by HUD were artificially inflated as a result of the defendants fraudulent conduct," officials said. He hung up on me.. United States Attorneys Office The partners negotiated with banks to let the property go for far less than market rate, a process known as short selling. The five men are charged with conspiracy to commit wire and bank fraud for allegedly misleading mortgage companies into approving short sales at fraudulently depressed prices . 's Mem. 31(e), 42)). 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, stated Acting U.S. Attorney Seth DuCharme. Getty Josh Altman of "Million Dollar Listing" poses at a showing. Tracy Tutor Shows Off the Jaw-dropping Results of Her Recent Home Renovation. 's Mem. Our daily newsletter is FREE and keeps you up to date with the world of mortgage. (Id. U. S. Files Civil Fraud Suit Alleging Mortgage Fraud Scheme I felt bad for him, said the real estate pro. Love Brooklyn? In the process, they made a host of material misrepresentations in critical transaction documents. 1996). Lisa Riordan Seville is an independent reporter based in Brooklyn, New York. ISKYO ARONOV (also known as Isaac Aronov) 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. This season of Bravo's "Million Dollar Listing New York" premiers May 6, and it is going to show 43-year-old Eklund under more stress than ever as he brokers New York real estate sales from . Heather's Instagram is filled with beautiful homes in the LA area that range from $1.6 million to well over $15 million. Bond recommendation/set: Iskyo Aronov (1) $500,000.00 w/10% w/Nebbia. \ 19), and specifically alleges that Herskowitz was involved in the purchase of 1219 Jefferson Avenue and 2403 Dean Street, (id. 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. Now, Gold is back on the screen, as Million Dollar Listing New York season 7 airs on June 12.. Steve Gold on Million Dollar Listing New York has turned a lot of heads, and fans of the show . Feds file civil suit in Brooklyn in mortgage fraud case The United States has filed a civil complaint in federal court in Brooklyn seeking damages and penalties against three individuals and several companies alleged to have engaged in a wide-ranging mortgage fraud scheme to defraud the government. According to court documents, DAlessios internet search history from this time included the phrase which country is the best to hide money from US.. And those deals looked solid by association. Main Office Josh Altman, coming through with some major info on the upcoming season 14 of Bravo hit show . Million Dollar Listing: What Happened To Heather Altman After Season 12 Konstantinovskiy worked as an agent for My Ideal Property, where he allegedly conspired with others to fraudulently obtain properties. Ryan Serhant is Leaving Million Dollar Listing New York as - People 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. Richard P. Donoghue, United States Attorney for the Eastern District of New York, Robert Manchak, Special Agent-in-Charge, Federal Housing Finance Agency, Office of Inspector General, Northeast Region (FHFA-OIG), and Christina Scaringi, Special Agent-in-Charge, U.S. Department of Housing and Urban Development, Office of the Inspector General, Northeast Region (HUD-OIG), announced the charges. 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. See United States v. Velastegui, 199 F.3d 590, 592 n.2 (2d Cir. 9, 14.) (Def. In early 2018, 14 individuals and four companies filed civil suits accusing DAlessio of fleecing them. A .gov website belongs to an official government organization in the United States. This Office will Eastern District of New York (Def. Thu 30 December 2021 15:38. Casetext, Inc. and Casetext are not a law firm and do not provide legal advice. MDLLA's Josh Flagg and Josh Altman Finally Turned Rivalry into - People Borovinsky identified himself as a co-founder with Aronov of My Ideal Property. 's Reply") 2, Docket Entry No. 186), the "conclusory, boilerplate allegations" in the Indictment implicating him in the short sale transactions associated with the MIP Scheme "need not be accepted as true, and may not sustain the charges where the detailed factual allegations are to the contrary," (Def. 's Mot.,, Docket Entry No. 19-CR-408 (SJ) 1178 GATES AVE. INC. 2320 BAEUMONT AVE UNIT 3D LLC. Aronov and Konstantinovskiywere also charged in 2019. 18-25), and alleges that "[d]uring different and sometimes overlapping periods of time, various groupings of [Defendants] worked together in the [Short Sale Schemes], (id. Please complete the form below and click on SIGN UP to receive daily e-newsletters from. 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. 36-39), Count Four (wire fraud in furtherance of the MIP and Exclusive Homes Schemes), Count Six (wire fraud in furtherance of the Exclusive Homes Scheme), and Count Seven (wore fraud in furtherance of the MIP and Exclusive Homes Schemes), (see Id. 1-3.) ISKYO ARONOV (also known as "Isaac Aronov") Middle Village, New York. MICHAEL KONSTANTIOVSKI Roslyn Heights, New York. ("Gov't Opp'n"), Docket Entry No. flexible schedule? On today's episode of Just the Sip, Million Dollar Listing Los Angeles star Tracy Tutor revealed how her reality TV career indirectly played a part in her divorce from Jason Maltas. Just a case of disgruntled seasoned real-estate investors with big damaged egos.. 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. (718) 254-6323. 's Reply 1-2 (citing Ind. There was one unusual aspect: DAlessio paid investors standard annual returns of 15 to 18% but personally guaranteed the dividends. These payments by HUD were artificially inflated as a result of the defendants fraudulent conduct. Join Facebook to connect with Isaac Aronov and others you may know. 1992) ("[Precision and proper notice to the defendant cannot be sacrificed for the sake of brevity, but common sense must control, and '[a]n indictment must be read to include facts which are necessarily implied by the specific allegations made.'" The charges in the indictment are allegations, and the defendants are presumed innocent unless and until proven guilty. 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. The governments complaint intervenes in a lawsuit originally brought by under thequi tam provisions of the FCA. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Thanks for contacting us. Heather Altman has been hit with surgery rumors since Million Dollar Listing Los Angeles returned to our screens. ff 32, 32(f)). Four men including two from Queens were indicted Tuesday for conspiracy to commit wire fraud and bank fraud in connection to an alleged scheme to defraud mortgage lenders. 175-1.) And for the first time . 2015) ("At trial, the [government must prove that [the] [d]efendant knowingly and willfully became a member of the conspiracy. Parties for United States v. Aronov wt al, 1:19-cr-00408 Families with children account for 61% of New York Citys unhoused people, or 34,456 of 56,334 total, according to thedaily census.