Drove by my DBLL`s place today, grass turning brown, weeds sproutin` up and there about 2 weeks away from being $5,100 out of free money they had been counting on. I can see their financial situation just like a WW2 fighter plane that has been hit with smoke coming from the tail as it spins out of control twoards the ground.
But a Mayor DBLL? LMAO Somebody strike up the band and play.. Hail to the Beats…
UNITED STATES PRESDENTIAL ANTHEM (HAIL TO THE CHIEF …
http://www.youtube.com/watch?v=LAsycMvZde4 - 128k
Updated: 11:04 p.m. Monday, July 16, 2012 | Posted: 12:49 p.m. Monday, July 16, 2012
Suspended Boynton Mayor Rodriguez faces three new felony charges; trial date moved
By Eliot Kleinberg
Palm Beach Post Staff Writer
BOYNTON BEACH —
Suspended Mayor Jose Rodriguez — already facing corruption charges that led to his suspension from office — has been hit with three new felonies alleging he defrauded a bank by short selling a Palm Beach condominium to a relative.
He also allegedly falsified an affidavit in October saying the condo had been his primary residence for four years, even though he was renting it out at the time and living miles away at his Boynton Beach home, and had been mayor for nearly 18 months.
According to the Palm Beach County Property Appraiser’s Office, Rodriguez bought the 44-year-old, 640-square-foot condo at Palm Beach Whitehouse in May 2005, paying $230,000. Prosecutors say he obtained a $184,000 mortgage.
Property records show he “quit claimed” it in December 2005 for $10 to his first wife, Lynn Sue Shumate, 46, of Wellington — whom he divorced in 1996 — as well as the former couple’s 16-year-old son, who is listed in state corporate records as vice president of Rodriguez’s Reguez Investments real estate firm.
On Sept. 5, property records show, Shumate quit claimed the property back to Rodriguez for $10.
According to a probable cause affidavit released Monday, Rodriguez had applied on Oct. 10, 2009, to Chase Bank for a loan modification, saying he had only $2,000 in the bank. Investigators later determined that he had more than $250,000 in an American Express Bank account.
The bank declined the modification, saying Rodriguez didn’t qualify. Less than a year later, on Aug. 27, 2010, foreclosure proceedings began.
Then, in August, an attorney for Rodriguezasked JP Morgan Chase Bank to approve a short sale for $74,000 in cash to Eric Molares of Royal Palm Beach. Prosecutors don’t detail Molares’ relationship to Rodriguez. The bank agreed and the deal was struck Oct. 18.
Rodriguez and Molares each signed an “affidavit of arm’s length transaction,” in which Rodriguez said he was neither a relative nor business associate of Molares and they shared no business interests.
Investigators later discovered that on Sept. 8
Rodriguez deposited $75,000 in one of his accounts, then wrote a check for $74,000 to Molares. Molares then gave a cashier’s check to cover the short sale.
Molares told investigators Thursday that Rodriguez gave him $75,000 to pretend to buy the unit.
The condo’s tenant later told investigators she’d received an email purportedly sent from Molares, saying he was the new owner and landlord, telling her Rodriguez would be managing the property and directing her where to send the $950-a-month rent.
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