AMERICA Stop Cooking the Books

Submitted by lmcshane on Sat, 08/27/2016 - 07:44.

 We can't keep living like this.  It is not living. 

 

www.cleveland.com/cuyahoga-county/index.ssf/2016/05/cuyahoga_county_prosecutors_office_hiring_staff_to_speed_up_foreclosures.html

The  county last year planned to sell tax liens on 3,500 properties in 33 communities with a total delinquency of $55 million, Madigan said.

But community organizations had complained about the county's tax-lien buyer, Woods Cove III LLC. They argue such sales increase blight because by charging higher interest rates and fees, homeowners are less able to pay and more end up losing their homes.

The county couldn't reach an agreement with the company last year.

 

Cuyahoga County will not sell tax liens

Cuyahoga County will not sell tax liens

Cuyahoga County will increase efforts to collect unpaid property taxes after it was unable to reach an agreement to sell delinquent-tax liens to a private company.

 

Now the county plans to hold a tax lien sale in October

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Armond Budish wants to balance books on backs least privileged

Submitted by lmcshane on Thu, 09/08/2016 - 08:24.

 

 

 

 

 

 

 

 

 


LauraMcShaneCLEMay 14, 2016

 
 


 

The NAACP Legal Defense Fund found Cuyahoga County tax lien sales to be a discriminatory practice.

 

 

Jim Rokakis and Gus Frangos initiated the sale of tax liens in 1998.  They also sped up the foreclosure practice  and  legislated the "Land Bank."  All along - never bothering to foreclose on huge tax scofflaws like Gus Frangos' brother, Lou Frangos,  and allowing properties like the YMCA at 3881 West 25th to flip through several LLCs and accrue a massive tax lien.  Now, "wited" out by the Land Bank.

 

The Plain Dealer is complicit in covering up for these crimes. And, now, Cuyahoga County Executive Armond Budish is further destroying the tax base in NEO with the next round of tax lien sales.

 

 

All to benefit  speculators, who can enjoy the fire sale on real estate in East Cleveland.  Sickening. 



Plain Dealer, The (Cleveland, OH) - Wednesday, May 17, 2006 

Author: Thomas Ott, Plain Dealer Reporter 
A new state law will allow counties to more quickly seize many abandoned properties.  
Most of Cuyahoga County's abandoned tax-delinquent properties are in Cleveland and East Cleveland, said County Treasurer Jim Rokakis, whose aide, Gus Frangos , wrote the original bill. State Rep. Sally Conway Kilbane, a Rocky River Republican, sponsored the legislation.  
Frangos , a former Cleveland councilman, said a tax foreclosure may stretch out for more than a year in court, but the Board of Revision could wrap up cases in four or five months.

 

READ this report by Will Tarter: https://twitter.com/CommunitySolsED/status/771432054416375813 and 

http://www.cleveland.com/cuyahoga-county/index.ssf/2016/09/cuyahoga_county_hindered_by_1_billion_in_debt_report_says.html

 

 

 

 

 

 

 

I have asked the media , time and time, again, to investigate fraud at the Cuyahoga County Land Bank - NEO, watch your tax base destroyed by these two-bit mafia  wanna-bees: http://www.newsnet5.com/news/local-news/cuyahoga-land-bank-says-its-not-vulnerable-to-fraud-pointed-out-in-federal-report  

FTR - no one has also answered my FOIA request to determine whether Frangos and his mushroomed staff - housed at 323 Lakeside (where Cuyahoga County Planning was headquartered, before the new building) are also getting PERS.  Remember, outgoing treasurer, Jim Rokakis, staged the entire land bank set up so he could continue to reward friends and family with hiring contracts at the quasi-governmental land bank - that was originally just to be 10 people- now closer to 30 people...
 
 Rokakis and Coral Group - go way back - Coral built the plaza in Brooklyn Centre and defaulted on it.  The guy who owns the current Land Bank offices 323 Lakeside- was President of Asset Management for Coral.
 
The County Council members voted to raise their own salaries and passed this bond - slush money for shady contractors like Ginmark: