), The Indictment was unsealed by order dated September 12, 2019. PDF FOR IMMEDIATE RELEASE September 10, 2019 (718) 254-6323 PRESS RELEASE Please complete the form below and click on SIGN UP to receive daily e-newsletters from. ), In addition, the Indictment makes certain specific allegations regarding Herskowitz's involvement in the short sale transactions to purchase certain properties associated with both the MIP and Exclusive Homes Schemes as follows: (1) "on or about July 23, 2014, [Herskowitz] wired approximately $252, 755 to the [mortgage loan] servicer's bank account to satisfy the short sale payoff amount due" in connection with the short sale transaction to purchase 1219 Jefferson Avenue, (id. We are proud to have partnered with the U.S. Attorneys Office for the Eastern District of New York in this case, stated FHFA-OIG Special Agent-in-Charge Manchak. ("Counts Three through Seven"). 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.'" As alleged in the complaint, from at least 2013 through 2016, the defendants defrauded HUD by manipulating the short sale process to acquire residential properties from numerous distressed homeowners for below-fair market value prices in non-arms-length transactions. Neither Aronovs attorney nor those for the three other defendants, Michael Konstantinovskiy, Tomer Dafna, and Avraham Tarshish, replied to requests for comment. However, the [government is not required to include in the indictment detailed allegations regarding a defendant's knowledge of a conspiracy." To the extent Herskowitz seeks to challenge the truth of the allegations in the Indictment or the sufficiency of the Government's evidence, this presents a factual question that cannot be decided on a motion to dismiss. [That] should have been a red flag, one real estate pro told The Post of the high-risk gamble. (first citing United States v. Williams, 453 Fed.Appx. One of Michael DAlessios property investments on the Upper East Side at 227 East 67th St. Michael DAlessios property investments on the Upper East Side, at 145 147 East 62nd St. 2023 NYP Holdings, Inc. 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Id. Aronov and Konstantinovskiywere also charged in 2019. It is not the first legal action taken against at least two of the men, who once had their business featured on the reality TV show Million Dollar Listing New York. We done some digging to find out whether she has had any work done. 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. The scheme, which centered on the neighborhood of Bedford-Stuyvesant, was first laid out in a BuzzFeed News investigation. As alleged in the complaint, from at least 2013 through 2016, the defendants defrauded HUD by manipulating the short sale process to acquire residential properties from numerous distressed homeowners for below-fair market value prices in non-arms-length transactions. New York state also passed legislation this year meant to better protect homeowners who had been the target of predatory investment or fraud. 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 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). 31(e), 42)). document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Thanks for contacting us. 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. 's Reply") 2, Docket Entry No. Isaac Aronov Profiles | Facebook 'Million Dollar Listing New York' Gets Season 9 Premiere Date - and Its The series is a spinoff of "Million Dollar Listing Los Angeles," which premiered on Bravo in 2006. Then, with the original owners gone, the partners performed fast gut renovations, installing modern fixtures and marble counters, and resold the homes for north of a million dollars. He was sentenced to six years in federal prison and will begin serving time by June 5. 's Mot. "[C]ommon sense and reason are more important than technicalities" and the indictment "need not be perfect." Free and open company data on Florida (US) company VC FL FUND LLC (company number L21000114994) Many of these homes were located in economically challenged areas of New York where affordable housing is at a premium.. Parties for United States v. Aronov wt al, 1:19-cr-00408 The buildings were on blocks where all my rich friends lived, recalled one insider who lost $200,000. The "New York" version made its debut in 2012 and ran for nine seasons. There was one unusual aspect: DAlessio paid investors standard annual returns of 15 to 18% but personally guaranteed the dividends. Million Dollar Listing Los Angeles Season 14 Cast Changes - Heavy.com BuzzFeed News linked the group to nearly 240 homes. 's Mot. I figured he knows what hes doing.. 's Mot.,, Docket Entry No. The suit is brought pursuant to the False Claims Act (FCA) and the Financial Institutions Reform, Recovery and Enforcement Act (FIRREA). ISKYO ARONOV (also known as "Isaac Aronov") Age: 32 Miami, Florida. (quoting De La Pava, 268 F.3d at 162)). Join our team! Read more of today's breaking news, here. Herskowitz argues that because the factual allegations in the Indictment make clear that "he was not one of those [Defendants] involved in the MIP Scheme," (Def. Contact Lukas Vrbka at tom.gara+lukasvrbka@buzzfeed.com. And for the first time . 'Million Dollar Listing' Agent Has His Own New Listing Their Business Was Featured On "Million Dollar Listing New York." They Subscribe to Patch's new newsletter to be the first to know about open houses, new listings and more. (Def. Between 2015 and 2018, they said, he also used other peoples money to fund his luxe lifestyle and to cover millions of dollars in casino gambling losses. Avraham Tarshish (also known as "Avi Tarshish") Age: 40 Queens Village, New York. ), Herskowitz argues that Counts Two, Four, Six and Seven should be dismissed because the factual allegations do not support his involvement in the Exclusive Homes Scheme.
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