ST. LAWRENCE AND TROODLER ARRESTED FOR SECURITIES FRAUD AND MANIPULATION
https://www.facebook.com/146207698912716/videos/481897428677073/
April 15, 2016
Hasidim
Yossi Gestetner, why on earth would you be the mouthpiece?
Gestetner, a Shining Example of an anti-Hasidic Racist as the Hasidic Mouthpiece? Bad for Jews Everywhere!
Please see Clarkstown- What They Don’t Want you to Know
April 15, 2016
“While one bloc-vote puppet, Ramapo Supervisor Christopher St. Lawrence, sat in a holding cell awaiting arraignment, Hasidic ‘mouthpiece’, Yossi Gestetner, was hard at work trying to reel in a bigger fish.
We’re thrilled that Mr. Trump took the time to be brought up to speed about Rockland’s issues by a person who compared Rockland residents with Nazis.
Given that NY’s Republican Primary is four days away, please give us your new and enlightened thoughts on Rockland’s crisis, Mr. Trump. After all, NY is a critical state in your Presidential future.
Please also enlighten us about the following …..
Donald Trump met in Trump Tower today with the individual who made the video ‘The Jew In Rockland’ which compared Rockland with pre-war Nazi Germany.
http://youtu.be/7jDpIp3FbWE
Yossi Gestetner, the producer of that particularly disgusting piece of video trash said Trump is an “amusement thing”.
Gestetner, a “Hasidic political consultant”, pointed out that “Trump has a long history of being friendly to people in the Jewish community.”
Trump has not actively sought the support of the ultra-Orthodox, but he has not turned it away.
Still, many Hasidim and those who closely track the political climate of the community pointed out that the discussion around the election among the ultra-Orthodox may not actually translate into votes.
Gestetner agrees there is a genuine buzz of interest about Trump’s candidacy within his community but he is skeptical whether Hasidim will actually turnout for Trump in the New York primary, which is not until April 19.
He also says many Hasidim he knows support Cruz.
Trump’s popularity in the Hasidic community right now, says Gestetner, “is conversational, it’s an amusement thing.” And just like everywhere else in the country, a large part of the conversation right now is about Trump.
“Politics is the sport of Hasidim,” said Gestetner. “And those who follow politics as closely as fanatic sports fans, see [Trump] as the winning team.”
https://news.vice.com/article/why-some-hasidic-jews-are-loving-donald-trumps-campaign
Gutsy Letter to the Editor, Kiryas Joel
Letter to Editor, April 15, 2016
THE BRAVERY AND COURAGE OF A KJ RESIDENT!
From the files of United Monroe:
“I write this letter in response to the recent ‘Smoke & Mirrors’ efforts by Gedalya Szegedin (KJ Administrator) to meet county executive Newhouse and the legislative leaders to – supposedly – try to find a way to bridge the gaps between KJ and the county.
I should have written this letter to the Times Herald Record, but since this is addressed to the public and Gedalya, I think that both pay more attention to your site for that matter, so I chose to write it to you.
For the purpose of this letter, I will refer to KJPE as ‘Gedalye’ because he stood out front and center to defend the KJPE behavior, but it is meant to him and his bosses, all the way up…
As a lifelong KJ resident I feel obligated to clarify some points here.
First and foremost, the village of Kiryas Joel has been created by Rabbi Joel Teitelbaum OB”M in 1977, so that people can live a quiet suburban life, in peace with its neighbors, he devoted most of his books on the matter of being respectful to host governments and even to host people.
He would have never ever allowed his followers to:
- Sue to get the KJ School District
- Sue to get the pipeline
- Sue to get sewer capacity
- Sue to get annexation
He would have went to all lengths to get along respectfully with neighbors and other governments, not by threats or suites of any kind.
Now, the situation that we – KJ Residents – are put in by Gedalye, is a dire one, on several fronts, most of which affects all of KJ, and some of which effects only the Alliance members which count over 40% of KJ.
Housing
Anyone who wants to apply for a building permit to build in KJ today, has to pay the following fees, PER UNIT:
- $6,000.00 for Water
- $3,000.00 for Sewer
- $5,000.00 for Community room
The rationale behind it is, that the land owners are sucked, and then they pass it on to the buyer, and the buyer is forced to go along with the skyrocket sale price because Gedalye will protect the land owner / developer by not issuing any future permits until he has sold what he has paid for, and at the end of the day, Gedalye and the land owners are happy, but the buyer – KJ Resident – is struggling to put bread on his table and pay his mortgage.
The fees mentioned above does not include if there’s any easement by the KJ Village that is no longer needed, in which case he would ask for its release over 100 K.
One would expect that after paying so much for a unit, you would have a parking space, room for the kids to play safely on grass, playgrounds, etc. but that is not the case if you look at any development recently built, and how the kids play with their bikes on the roadway, because they don’t understand that the $14,000.00 that was charged by Gedalye for the unit they live in and will grow up in should take care on all of their problems…Water
The rate that KJ Residents pay for water use is $3.75 per 1,000 gallons, it used to be $2.75 per 1,000 gallons up to Jan/2015, but it went up to cover the costs of water use in KJ.
One might wonder why the cost of water in KJ is so high, there is a poultry plant in KJ owned by Gedalye’s uncle, the average daily water consumption of that plant is 113,000 gallons, with peak day production usage as high as 176,000 gallons, so that is a total of 41,245,000 gallons of water per year used by the KJ poultry plant, and paid for by every KJ Resident; I am not aware of any refund check ever issued by KJ poultry to every KJ Resident for contributing to the upkeep of the plant.
That does not include the odors and the other health hazards that the poultry plant causes, and it does not include the fact that over 40% of KJ Residents doesn’t even use the meat processed at that plant because of trust issues, and it does not include the fact the KJ Residents who use it, pay for it much more than what is paid for KJ meat in other areas such as Monsey, Brooklyn, etc.
If KJ poultry were to pay for its own water use by itself, by trucking or other means, we wouldn’t need the pipeline or the Cornwall well at all.
One might wonder if that is all true so why are the 4,200 + families quite, and why don’t they revolt for change ?
The answer: a scary one, Molestation charges
It has been used not once, not twice, not 10 times, but more.
So here’s how it works, Gedalye – through a surrogate, who is also a municipal employee (I will not name him here, but if anyone is going to try to deny it, I will post the name and salary of that surrogate) – would threaten that person that he will file charges against him that he molested a child, fi that person will not back off, he will proceed with having his Public Safety arrest that person for probable cause on alleged molestation.
Now, let’s stop here, before we proceed with the criminal justice process that follows.
That person is done, killed without a bullet, no one would want to look at him, talk to him, or stand next to him, and every one would warn their kids not to stand next to that person, even if he is your neighbor, cousin, brother-in-law, brother, husband etc., that person is basically done in his social life, for life, before any court proceedings begin.
Of the alleged molestation charges, not one of them was sustained in court, but the damage was done, and the victim didn’t have the guts to countersue, because he was trying to reclaim his own life and his own family.
For the record, it has been used as a threat for someone who constantly complained to KJ Mayor Wieder abut the horrendous odor that was being emitted from the KJ poultry plant’s pre-treatment facilities on a daily basis, until the EPA started slapping them with hefty fines.
Now I will address the situation which over 40% of KJ residents (Alliance members) endure:
Since the alliance has a view on certain religious and political aspects which is different than that of Gedalya, he decided to make their life miserable, using the village government power, wherever he could, although the methods changed over the years, the mission is still the same, hurt them until they leave.
In the 1990’s it meant rocks thrown at bedroom windows in the middle of the night, car tires slashed, car windows broken, a home with 30 + mothers and newborn babies burned down in the middle of the night on July/21/1996 because of the fact that a rabbi from Brooklyn was about to make a fundraising diner in an adjacent building the following afternoon, the rabbi’s sin: he had similar views to that of the alliance.
It proceeded with refusing to grant building permits, site plan approvals etc. for any Alliance affiliated school or synagogue, with few exceptions.
There is a synagogue in KJ that has been used since the late 1970’s as a place of worship, it also housed a living quarters for Rabbi Joel Teitelbaum OB”M, it was deemed a revered place due to the fact that rabbi Teitelbaum used to pray there at in last few years of his life.
I have been praying there for almost 30 years, until Gedalye’s congregation sued that it lacks special use permit for a synagogue, the courts ruled that it may not be utilized as a place of worship until such special use permit is issued by the planning board; there was an application submitted to the planning board, but Gedalya said: Hell, no, I will never allow the planning board to approve such a special use permit, and so it remains shut as of Dec/2009.
Btw, the planning board and ZBA members here are just following Gedalya’s marching orders, I am not sure if they ever read once the NYS building code book, or the NFPA publication, they are just there to serve Gedalya.
There is a wedding hall that has opened in the village of Woodbury in 2010, that did not sit well with Gedalya, so the old playbook was utilized, people were beaten, threatened, etc. until some 30 + criminal police reports were filed with the State Police, perpetrators were arrested and charged, guilty pleas were entered, and Gedalya ran out of soldiers willing to go to jail for him, so far he doesn’t have 1 person willing to go to jail for him.
In a way, Gedalya is worse than the mafia, because the mafia – as brutal as they are – try to support their men in time of need, but Gedalya uses his men like batteries, if he no longer has any use of them he would dump them, no matter how hard and faithful that person served him.
One might wonder where the Law Enforcement agencies were all these years, the answer is as follows: 1. People were afraid for the most part to report to police, and 2. Gedalya used to paint a picture for the Law Enforcement agencies that the Alliance are a bunch of crazy mentally ill folks and so it is not worth paying attention when they call 911, and that is worth to breach serious protocols at the highest levels of government to look the other way when complaints do come in.
Recently, that has drastically changed for the better, to the credit of the current leadership at the State Police, Orange County Sheriff’s Office, and countless other Law Enforcement agencies at the federal, state and local levels who are – for the most part – no longer taking Gedalya’s bait.
So, if anyone would question KJ Residents would want to move out of KJ into Monroe, Woodbury, or Blooming Grove? The answer, they prefer to move out of Gedalya’s bloody trap, of which less than 10 people benefit, and the rest suffers.
And to Gedalya: you need a medicine, that is called: Get used to get along with your constituents and with your neighbors.
- Drop the pipeline lawsuit, or hand it over to Orange County so all municipalities along the route can share it.
- Drop the annexation lawsuit.
- Stop the $14,000.00 robbery per unit.
- Get your planning board to approve the shul.
- Relocate KJ Poultry plant somewhere near the Hudson river where you will have an unlimited supply of water and sewer, at a cheaper cost.
- Stop the molestation charge threats.
- Don’t go to Steve Neuhaus or to the county legislature, they can’t provide you that medicine or the constant care that you need to adjust yourself to reality, don’t use up the precious time of the county government to conceal your true illness.
- The old tricks that were mostly successful for over 30 years are no longer effective, so you have to take that medicine asap or your empire will collapse very badly.
Gedalye: Get used to get along with your constituents and with your neighbors.”
END
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“The Long Short” – Nope the Dead Undead
It is the most macabre investment premise that one can contemplate: INVESTING ON IMMINENT DEATH
LostMessiah, April 15, 2016
“The Long Short” is the story about investment in the failure of the housing market and ultimately a ripple effect into the global economy. Those who saw that coming made millions as that story illustrates. In that story, FrontPoint Partners bet that the asset class (mortgages) would sink (imminently) and set up an investment vehicle that allowed them to make a market on a complete and total housing failure. The investors foresaw the imminent death of the housing market and profited. It was all completely legal and was incredibly savvy. Anyone who has either seen the movie or knows investments understands that these men placed a gamble on the state of the market as a “future” and that it would fail and ultimately that financial markets would destabilize as a result. They saw it coming.
While many may condemn those who bet on imminent failure (of our housing market), what about betting on imminent death – of not housing, but people.
We note two important points related to previous stories and the Seabrook/Rechnitz connection:
- The first is that these investments were unconventional, at best, and illegal insofar as the success of the investment required “inside information” into the private health status of terminally ill patients, notwithstanding the HIPAA violations involved. That raises question 1: If bonuses were paid out on the death of the patient, what was to stop the nursing home from accelerating the process?
- Our Second comment relates to the second point regarding “red flags.” Seabrook, as previously mentioned was introduced to Platinum and apparently enticed by the returns. However, as noted below, “Those are the kinds of red flags you can see from outer space.” That raises the question of whether or not Seabrook did his due diligence or relied solely on the words and praises of Mr. Philanthropy, Rechnitz. If he did not do his due diligence, at the very least, beyond being accountable for a $12M loss in the union funds he invested and all of the corresponding associated crimes, it should be clear that he breached his fiduciary duty to the Corrections Officers whose money he invested. And, they should likely be out for blood (or diamonds, platinum, booze…)
Returning to Platinum and the death schemes, onOctober 21, 2015, Bloomburg reported on these schemes, which in investment parlance is called “event driven investing;” and in our view editorialized to some extent on the extent that Mark Nordlicht will got to make money. We have highlighted the relevant comments in red: Continue reading
Feast on McDonald Avenue in Midwood, District Manager Barry Spitzer and Peralta’s Booze Business III, Suspended Twitter Accounts
COMMUNITY 12, PINNY RINGEL AND BARRY SPITZER: TWITTER ACCOUNTS GONE AWRY
LostMessiah, August 14, 2016
On April 12th we posted a part II of this series on McDonald Avenue and a mention of Community Board 12. Prominently featured in that article was information regarding Pinny Ringel and Barry Spitzer and their positions (and influence) within the community. We also posted a single picture from the Twitter account of Ringel. We did not post the whole feed from March 21st.
We find it odd that as of today, April 14, 2016, the Twitter accounts of both Pinny Ringel and Barry Spitzer have been deactivated. Could they both have gone on the fritz on the same day? Probably not.
Sometimes silence speaks louder than words.
To recap we stated, rather nonchalantly, the following:
“When referring to the Daily News article, we did not focus on Community Board 12 and their potential involvement with any corruption directly. It was not on our radar. However, we have since been provided information by an anonymous source and are providing an update as follows:
With regard to the inner workings of Community Board 12 and the de Blasio Administration, we have been told:
(1). Barry Spitzer, the District Manager who said on the record that he has absolute discretion in spending the Board funds, is a former deputy chief of staff to Councilman David Greenfied [corrected].
(2) Greenfield orchestrated a coup by putting in his chairperson Yidel Perlstein and his District Manager Barry Spitzer. The opinion of our source and apparently shared by members of the community, is that Greenfield threw out the previous District Manager and chair so that he would have greater political clout.
(3) Yeruchim Silber, Vice Chair of Brooklyn Community Board 12, was on the staff of Mayor De Blasio.
(4) Pinny Ringel is De Blasio’s liaison to the Orthodox Jewish community.
(5) Controller Stringer paid the invoices clearly showing a private party.”
Ramapo Town Officials SEC Press Release
PRESS RELEASE
SEC: Town Officials in New York Hid Financial Troubles From Bond Investors
04/14/2016 11:00 AM EDT
“The Securities and Exchange Commission today announced fraud charges against Ramapo, N.Y., its local development corporation, and four town officials who allegedly hid a deteriorating financial situation from their municipal bond investors.
The SEC alleges that Ramapo officials resorted to fraud to hide the strain in the town’s finances caused by the approximately $60 million cost to build a baseball stadium as well as the town’s declining sales and property tax revenues. They cooked the books of the town’s primary operating fund to falsely depict positive balances between $1.4 million and $4.2 million during a six-year period when the town had actually accumulated balance deficits as high as nearly $14 million. And because the stadium bonds issued by the Ramapo Local Development Corp. (RLDC) were guaranteed by the town, certain officials also masked an operating revenue shortfall at the RLDC and investors were unaware the town would likely need to subsidize those bond payments and further deplete its general fund.
According to the SEC’s complaint, inflated general fund balances were used in offering materials for 16 municipal bond offerings by Ramapo or the RLDC to investors, who consider the condition of a municipality’s general fund when making investment decisions. After town supervisor Christopher P. St. Lawrence purposely misled a credit rating agency about the town’s general fund balance before certain bonds were rated, he told other town officials to refinance the short-term debt as fast as possible because “we’re going to all have to be magicians” to realize the purported financial results.
“Retail investors account for more than 75 percent of the $3.7 trillion municipal bond market, which is critical for our nation’s infrastructure and development,” said Andrew J. Ceresney, Director of the SEC Enforcement Division. “We won’t stand for public officials and employees who resort to alleged accounting trickery to mislead investors who are investing in their financial futures as well as the future betterment of our communities.”
According to the SEC’s complaint:
- Christopher P. St. Lawrence, who served as RLDC’s president in addition to being town supervisor, masterminded the scheme to artificially inflate the balance of the general fund in financial statements for fiscal years 2009 to 2014.
- St. Lawrence and Aaron Troodler, a former RLDC executive director and assistant town attorney, concealed from investors that RLDC’s operating revenues were insufficient to cover debt service on bonds to finance the stadium.
- Town attorney Michael Klein helped conceal outstanding liabilities related to the baseball stadium and repeatedly misled the town’s auditors about the collection of a $3.08 million receivable recorded in the town’s general fund for the sale of a 13.7-acre parcel of land to the RLDC. But because the title of the property was never transferred from the town to the RLDC, Klein also made misleading statements about the receivable’s source.
- Troodler helped conceal the fictitious sale and boost the account balance of the town’s general fund by approving RLDC financial statements reflecting a purchase of property that never actually occurred. Troodler also signed offering documents that contained an additional fabricated receivable totaling $3.66 million for another transfer of land from the town to the RLDC. The only land transferred from the town to the RLDC during the time of the purported transaction was property donated for the baseball stadium, which St. Lawrence and Troodler knew did not impose any payment obligation on the RLDC.
- The town’s deputy finance director Nathan Oberman participated in activities to inflate the town’s general fund by arranging $12.4 million in improper transfers from an ambulance fund to bolster the troubled general fund during a six-year period.
In a parallel action, the U.S. Attorney’s Office for the Southern District of New York today announced criminal charges against St. Lawrence and Troodler.
“We allege that Ramapo’s senior-most officials concealed the true condition of the town’s declining finances to avoid further political fallout from the construction of the baseball stadium,” said LeeAnn Ghazil Gaunt, Chief of the SEC Enforcement Division’s Public Finance Abuse Unit, which was previously known as the Municipal Securities and Public Pensions Unit.
The SEC’s complaint charges Ramapo, RLDC, St. Lawrence, Troodler, Klein, and Oberman with violations of Section 17(a) of the Securities Act of 1933 and Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5. St. Lawrence and Troodler also are charged with liability under Section 20(a) of the Exchange Act as controlling persons for the violations by the town and RLDC, and all four town officials are charged with aiding and abetting violations by the town and RLDC. In addition to financial penalties, the SEC seeks a court order appointing an independent consultant for Ramapo and RLDC to recommend improvements for financial reporting and municipal securities disclosure policies and monitor the mandated implementation of those recommendations for a period of five years. The SEC also seeks an order prohibiting the town officials from participating in future municipal bond offerings.
The SEC’s continuing investigation is being conducted by Daniel M. Loss and Celeste A. Chase of the New York office and Creighton L. Papier of the Public Finance Abuse Unit with assistance from Jonathan Wilcox, Louis Randazzo and Mark R. Zehner from the Public Finance Abuse Unit. The SEC’s litigation will be led by Alexander M. Vasilescu and Mr. Loss. The case is being supervised by Sanjay Wadhwa and Ms. Gaunt. The SEC appreciates the assistance of the U.S. Attorney’s Office for the Southern District of New York, the Federal Bureau of Investigation, and the Rockland County District Attorney’s Office in New York. “
LOSTMESSIAH 