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To: STARWISE; jazusamo; NYer; The Mayor; Cindy; stephenjohnbanker; TommyDale; Condor51; Velveeta; ...
NY POST 7/11/10: Rep. Gregory Meeks is getting heat over a loan he took from a local businessman, Edul Ahmad-- but that may be the least of his debt problems. In 2007, Meeks borrowed $40,000 from Edul Ahmad, whose Queens empire includes a real-estate agency, an import firm, a mortgage brokerage and a banquet hall.

Meeks failed to report the personal loan -- and a $15,000 loan from the Congressional Federal Credit Union -- on his annual congressional financial-disclosure reports. He only came clean on the 2009 report, which was filed on June 15. Three days later, he submitted amendments saying he took out the interest-only $40,000 loan in 2007 and had paid it back. City records show that Meeks took out a $59,650 third mortgage on his home on June 18, the same day he reported repaying the debt to Ahmad.

Meeks and his mortgaged home.

Meeks, who earns $174,000 tax dollars a year, is required to pay $1,451.48 quarterly on that 10-year loan. The congressman did not respond to requests for comment. Meeks is under federal investigation after the Post revealed questionable spending practices at a tax-exempt charity he started with NY state Sen. Malcolm Smith.

8 posted on 09/19/2010 2:04:01 PM PDT by Liz
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To: Liz; STARWISE; maggief; onyx; penelopesire; SE Mom; Helen

Looks like the entire CBC is going to get wiped out.


9 posted on 09/19/2010 2:09:55 PM PDT by hoosiermama (ONLY DEAD FISH GO WITH THE FLOW.......I am swimming with Sarahcudah! Sarah has read the tealeaves.)
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To: Liz

Thanks for your post.

The New York Post and the National Legal & Policy Center have been all over Meeks for his alleged corruption, he may be joining some of his CBC cohorts in being investigated by the Ethics Committee.


11 posted on 09/19/2010 2:13:14 PM PDT by jazusamo (His [Obama's] political base---the young, the left and the thoughtless: Thomas Sowell)
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