Sunday, July 10, 2011

Department Of Justice Accused Of Racketeering Cover Up

Segment #1: Call for Special Prosecutor on HUD Loan & DOJ Cover-Up
Former U S Prosecutor Richard I Fine describes how the U. S. Attorney's Office has become involved in the HUD cover-up of a Marina del Rey $125 million loan guarantee for a luxury apartment complex. Following this request for investigation submitted to the U.S. Attorney 's office ,a prompt response was received by Professor Daniel Gottlieb, (in this letter) from the Department of Justice, saying the U.S. Attorney did not conduct investigations. According to Fine this response was proof positive of the spreading cover-up.

Segment #2: Easy Steps On How To Convict Corrupt Officials
Former U. S. Prosecutor Richard I. Fine, Ph.D. reveals how easy it is for the U.S. Attorney to call a Grand Jury to obtain Federal indictments on the HUD cover-up of a $125 million loan guarantee on a Marina del Rey apartment complex. He outlines the prosecution process and details the numerous public records available to prove a case under the Racketeering Influence and Corruption Organizations Act (RICO) and how very simple the process is to get convictions involving the L A County Supervisors, Superior Court Judges and Developers in Los Angeles, a case in point, the Marina Del Rey Shores development.

Segment #3: Special Prosecutor Needed on HUD Loan Application
Former US Prosecutor Richard I. Fine warns it is a federal crime when HUD awards a $125 million Loan Guarantee a Marina del Rey apartment complex that has only 54 units reserved for low income residents, that adds up to $2.5 million per low income unit. The remaining 500 luxury units are for high income residents in the development. He calls for a Special Prosecutor to be appointed to prosecute this federal crime.

Segment #4 Experts Reveal DOJ & HUD Actions
This two-part television series features former U.S. Prosecutor Richard I. Fine and Daniel Gottlieb, Ph.D. providing commentary on the involvement of the Department and Justice and HUD o the "Shores" Real Estate development in Marina del Rey that at one time would have been a "sure thing". According to Fine, this project is much more risky and difficult to get HUD financing for a complex that set aside only 54 units for low income residents. Former U S Prosecutor Richard I. Fine describes how HUD funds would have to be are being diverted from low income housing to this luxury 500 unit apartment project even when critical information was withheld on the HUD Application.

Segment #5: U.S. Attorney.......We Don't Investigate Crimes
Richard Fine tells Full Disclosure that the U S Attorney's claim the DOJ does not investigate crimes is preposterous. He describes how a questionable HUD loan guarantee for luxury apartments in Marina del Rey appears to be a Federal Crime. Fine says the developer's failure to disclose a bankruptcy in their $125 million HUD application is an indication that his Marina del Rey "Shores" project will have an uncertain outcome and could be costly to taxpayers.

Segment #6: How To Prosecute LA County Racketeering Enterprise
Richard Fine says it would only take a couple of days and a couple of people and a three day trial to convict the public officials involved. Simply put, he describes the evidence:

  1. A falsified HUD Loan application for a $125 million loan guarantee is submitted
  2. HUD tries to cover it up calling for the documents to be returned and destroyed
  3. U S Attorney's office of the Department of Justice declines a request to investigate stating "we don't conduct investigations"
  4. Richard Fine calls for an "easy" prosecution using a SPECIAL PROSECUTOR appointed by a three judge panel

1 comment:

  1. It will only affect the justice system's ruling. They need to review the policies imposed.