BERNARD FUCHS, PLATINUM AND NURSING HOMES… WHY IS BERNARD FUCHS GETTING A PASS?????
Bernard Fuchs is the CEO of a company of what appears to be charlatans. Despite his well-documented connection to Platinum Partners, he seems to have gotten a pass with what is going on in the Platinum Fund investigations.
WE CANT BUT HELP TO WONDER WHY…
Lost Messiah and Contributors – June 24, 2016
Platinum Management Ny Llc is a hedge fund that manages 1.6 BN dollars in regulatory AUM and has 80 employees, of which 50 perform investment advisory functions. The managers’s latest filing has disclosed 16MM in positions, which represents 1% of the manager’s regulatory AUM.
For more on Platinum Management Ny Llc including top positions, information on the investment process, service provider information, other key employees, real time performance, 13-F holdings and more visit the Fund Profile
Platinum Ownership –
Executives and Control Persons
|Isaac Yitzchok Barber||Manging Member Of Marbridge Management Ii Llc||March, 2015||75% or more|
|David Isaiah Levy||Owner & Co-Cio Platinum Mgmt (Ny) Llc,Platinum Credit Mgmt Lp, Platinum Liquid Opportunity Mgmt (Ny) Llc||January, 2015||10% to 25%|
|David Isaiah Levy||Owner Of Bayberry Cf Management Llc||January, 2015||10% to 25%|
|Daniel Mandelbaum||Chief Financial Officer (All Advisers)||January, 2015||less than 5%|
|Feng Shi||Chief Risk Officer (All Advisers)||February, 2015||less than 5%|
|Bernard Fuchs||Owner – Platinum Management (Ny) Llc,Platinum Credit Management Lp, Platinum Liquid Opportunity Management (Ny) Llc||January, 2014||10% to 25%|
About Bernard Fuchs and Nursing Homes
Lost Messiah Contributor, June 24, 2016
PLATINUM FUND LLC-PRINCIPAL (Hedge Fund)
BDL GROUP LLC-Hospice Annuities-SEC CASE
TIFERES INVESTORS LLC-CEO (Lawrence, LI)
THE PLAZA REHAB /AKA TCPRNC LLC 15%
(was New Jewish Home Lifecare )
Bensonhurst Center for Rehabilitation and Healthcare
Flushing Center for Rehab-30%
Hudson Pointe at Riverdale Center for Nursing and Rehabilitation
Hopkins Center for Rehabilitation and Healthcare
Lincoln Center for Rehab-50%
LINCOLN DIALYSIS-was Kennedy Pavillion RH ll LLC
Sapphire Center for Rehabilitation and Nursing of Central Queens
The Villages of Orleans Health and Rehabilitation Center aka Comprehensive of Orleans(Co-owners Jacob Sod, Jonathan Bleier)
The Pavilion at Queens for Rehabilitation and Nursing
Greene Meadows Nursing and Rehab (Sod, Bleier, Peckman, & Fuchs)
St Francis Home of Williamsville/Comprehensive of Williamsville LLC
(Co-owners Ephram Lahasky, Joshua Farkovitz, David Gast, Fuchs
Sam Halper, Debbie Korngut, Teresa Lichtschein, Jeffrey Arem)
Board Member: China-Horizon
Fuchs has ownership stakes in all of the above. What needs to be noted is that TCPRNC LLC ( whose address is Box 10873, Albany, NY 12201 & listed above) is the “new operator” of Jewish Home Lifecare which transitioned from non-profit to for-profit and took over a bait and switch real estate deal in conjunction with the disreputable and ‘connected’ SentosaCare group:
This is as much about deBlasio’s complicty as anything else….As it relates to a Machiavellian scheme to facilitate building on toxic soil in a “land swap” to which the Upper West Side community objected furiously, it has been telling that its implementation by deBlasio has been a rejection of the scientific findings of harmful lead and other poisons. De Blasio continues to play fast and loose with developer interests and his Orthodox deference at the expense of whole communities.
Circling back to the overriding point, Fuchs is engaged in the business of making money. It matters not whether it was one of the Platinum Fund’s Annuities scams impacting hospice patients called out by the SEC.
It matters not that nursing home ownership stakes continue to be facilitated for lousy and harmful owner/operators who are enabled by a bought and paid for Governor for which he is a part owner.
It matters not that Cuomo’s appointees -the oblivious and complicit Public Health and Health Planning Commission allows monsters like Sentosa/aka Landa and Philipson -with their counselor Fensterman to prevail with Fuchs having partnership links with them.
Doesn’t matter that Joseph Chetrit/Stellar Management and his sketchy manipulation of properties is abetted by a corrupt deBlasio in thrall to his bloc voters-the Orthodox Jews-monopoly owners of NY nursing homes and NYC real estate development-who know a mark when they see one.
“The men allegedly conspired with New York developer Joseph Chetrit to hide at least $40 million by investing in a former Manhattan hotel and the Cabrini Medical Center, according to a complaint filed on Oct. 12 by Kazakhstan’s largest city, Almaty, and one of the nation’s biggest lenders, BTA Bank.”