Platinum Partners, Bernard Fuchs, Sentosa and the SEC

 

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

 

About Bernard Fuchs of PLATINUM MANAGEMENT

Bernard Fuchs is Owner – Platinum Management (Ny) Llc,Platinum Credit Management Lp, Platinum Liquid Opportunity Management (Ny) Llc at Platinum Management Ny Llc and has been affiliated with Platinum Management Ny Llc since January-2014.

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 – 

Isaac Yitzchok BarberBrian Jedwab Grantor TrustMark Nordlicht Grantor TrustBrian JedwabMark A NordlichtDavid Isaiah LevyDavid Isaiah LevyBernard FuchsGilad KalterExecutives with less than 5% shares each1/2

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

BERNARD FUCHS:

            PLATINUM FUND LLC-PRINCIPAL (Hedge Fund)

                        BDL GROUP LLC-Hospice Annuities-SEC CASE

           

http://www.symmetric.io/hedge-fund-employee/BERNARD-FUCHS-8650

http://www.reuters.com/investigates/special-report/usa-hedgefunds-platinum/

https://lostmessiahdotcom.wordpress.com/2016/04/15/the-long-short-nope-the-dead-undead/

           

TIFERES INVESTORS LLC-CEO (Lawrence, LI)

            THE PLAZA REHAB /AKA TCPRNC LLC 15%

                        (was New Jewish Home Lifecare )

            TCPRNC LLC

            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

 http://www.china-horizon.com/#our-board 

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:

How N.Y.’s Biggest For-Profit Nursing Home Group Flourishes Despite a Record of Patient Harm

 Biggest

http://forward.com/news/334807/takeover-of-non-profit-nursing-home-puts-200-jobs-at-risk/

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.

City Sides With UWS Nursing Home Development Despite Lead Concerns

 WSJ.2

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.

Lawsuit Says Manhattan Real Estate Was Used to Launder Money

 WSJ

     “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.”

 

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