Famed doctor at center of Silver bribery case loses job ("Health Care Reform" tax dollars looted)

NYPOST.COM ^ | 1/23/15 | Natalie Musumeci and Lia Eustachewich

[Liz]

Dr. Robert Taub, a top oncologist was given the boot as director of Columbia U's Mesothelioma Center.....Taub connived w/ Democrat Speaker Silver to get $500,000 in state funding in exchange for funneling sick patients to Speaker Silver's law firm Weitz & Luxenberg. W/L in turn gave the allegedly crooked Silver $3 million in referral fees for referring more than 100 clients to Weitz & Luxenberg – the majority of which were asbestos-related cases. The dirty money came from $8.5 million tax dollars via the state Health Care Reform Act some of which was intended for Sept 11 research. Silver allegedly found other ways to compensate the doctor when the HCRA fund dried up. Taub is cooperating and will not be prosecuted.

[nuconvert]

Crooks

[proxy_user]

This doctor was interested in getting money for his mesothelioma research, and found a way to get it. There is no indication that he spent the money he got on anything other than the medical research he was interested in doing.

However, the manner it which he got the money was unethical.

[Liz]

There is no indication that the Doctor spent the shady tax dollars pilfered by Silver on anything other than medical research...

Not yet, anyway.

[Eva]

Is New York trying to purge the Jews from Democrat party positions of influence?

We’re Jewish Democrats trying to pressure the party on Iran and were thrown under the bus?

[Alberta's Child]

I recognize Weitz & Luxenberg as the law firm that has been doing radio ads in the NYC market for years. I should have known that there was a shady, two-bit New York State political hack involved in the racket. LOL.

Note to Sheldon Silver: It's no wonder you have industries leaving your state in droves when your law firm is suing them on behalf of clients who haven't worked for those industries in decades.

[PGalt]

Thanks for following/posting, Liz.

[proxy_user]

Most of the clients Silver referred to Weitz and Luxemberg were not from NY state, and had not worked in NY state.

[txrefugee]

Multiply this by however many states have Democrat governors and Obamacare. This is just another scam to enrich Obama’s cronies, as was the $820 BILLION porkulus “stimulus” passed in ‘09, which disappeared into Democrat pockets.

If God is merciful and we keep Hillary out of the White House, every one of these state-run programs needs to be investigated, and every crook should be indicted and jailed. This has to stop and the embezzlers of taxpayer funds held accountable. We are $20 TRILLION in debt, charged to the next ten generations, and we will not survive as a nation.

[Liz]

Amen.

[NativeSon]

No, more likely they're cleaning out the garage to make way for new, sleeker models to move in.

Gotta keep farming to keep the plantation running.

[Liz]

The dirty money to Dr Taub came from $8.5 million tax dollars via the state "Health Care Reform Act". Later, Silver allegedly found "other ways" to compensate the doctor when the HCRA fund dried up.

Time to mobilize the Bank Secrecy Act----to follow the Silver/Taub paper trail and determine how tax monies changed hands; to determine the scope and dimension of collusion in sub rosa deals and who might be personally profiting.

<><> L/E needs to examine bank accounts of Dr Taub's Mesothelioma unit and Silver's law firm---Weitz and Luxemberg.

<><> Joint bank accounts might be used to facilitate the transfer funds from one account to another, and/or wire-transferred offshore;

<><> To cover their tracks, fake invoices might be created to show that money deposited into accounts was being used for legitimate purposes.

<><> Financial schemes scheme might be advanced by issuing phony statements of payments from financial sources that actually covered the transfer of funds for insiders' personal use and/or for redistribution schemes.

===============================================

NOTE WELL Under the Bank Secrecy Act, banks are required to establish, implement and maintain programs designed to detect and report suspicious activity indicative of money laundering and other financial crimes. “The Bank Secrecy Act was enacted to protect the public from harm by identifying and detecting money laundering from criminal enterprises, terrorism, tax evasion or other unlawful activities,” the special agent in charge for Internal Revenue Service Criminal Investigation, explained.

Shady banking transactions could be prosecuted under the (1) Bank Secrecy ACT, (2) RICO, and, (3) the Hobbs Act.

=============================================

<><> L/E should get ahold of: (1) copies of checks, (2) wire transfers, (3) account statements, (4) invoices, (5) bills, (6) delivery tickets, (7) correspondence including snail mail, e-mail, mobile devices, cell phones, (8) contracts, (9) loan agreements, (10) other account books or official records.

L/E should also explore (a) monies paid to brokers, sub- brokers, (b) family members, (c) mortgage brokers, (d) financial managers, and, (e) real estate agents, brokers, and developers.

<><> L/E should scrutinize Dr Taub's Mesothelioma unit and Silver's law firm---Weitz and Luxemberg's bank accounts for suspicious activites: (A) large deposits, (B) funds transferred from one account into another, (C) frequent requests for withdrawals.

<><> Bank records might also show diversions to secret LLC accounts, to money launder and to operate personal ventures;

Tax fraud may also be a factor, facilitated by withdrawals, gift cards purchases, credit card purchases and intra-bank transfers from legal bank accounts into personal accounts, or redistribution schemes.

<><> A huge tipoff is whether bank withdrawals support and luxurious lifestyle including payments for real estate, investment and stock holdings, jewelry, luxury vehicles, resort travel....... and gifts from luxury outlets for wives and mistresses.

FBI TIPS PAGE--YOU MAY REMAIN ANONYMOUS ---https://tips.fbi.gov

SUBJECT: Dr Taub's Mesothelioma unit Silver's law firm---Weitz and Luxemberg. Collusion, conspiracy, bribery
IN RE: financial irregularities
REFERENCE: fraud, falsified documents, wire transfers, accounting fraud, etc.

NARRATIVE Taxpayers demand to know the scope and dimension of multiple conspiracies by to collude in sub rosa deals to personally profit and/or to facilitate redistribution schemes of US foreign aid.

OF INTEREST TO LAW ENFORCEMENT The FBI should interrogate individuals for evidence of multiple schemes to falsify official documents to further fraudulent schemes. The FBI should investigate any and all official documents submitted to the courts.

Crimes might include---conspiracy, collusion, falsifying official documents (a felony), money laundering, tax evasion, extortion, theft, misuse of public facilities.

Examine Silver and Taub's tax returns with a fine-tooth comb.....especially entries for "interest income."

[printhead]

SS never did have to disclose how much he made while simultaneously serving as a partner in W&L. Even as they left brochures in NYS parks telling campers how to sue NYS if they were injured there.

[Liz]

DID SILVER CREATE MISLEADING BOND OFFERINGS TO ENRICH HIMSELF AND HIS CO-CONSPIRATORS?

Email enforcement@sec.gov

The SEC might file a lawsuit against Silver, his law firm, and underwriters of state bond offerings The SEC might accuse the officials/underwriters of defrauding investors by misleading them in marketing materials for state bond offerings.

===============================================

Possible Fraudulent Methods employed by law firms ---fraudulent accounting adjustments; engaging in other fraudulent conduct, to make it appear that the law firm increased revenue, decreased expenses, or limited distributions to partners.

Some of these fraudulent adjustments and acts might include:

a. Reversing disbursement write-offs – From 2008 through 2011, the Schemers improperly reversed millions of dollars of write-offs of client disbursements that the Firm had no intention or reasonable expectation of collecting.

b. Reclassifying disbursement payments – improperly reclassifying millions of dollars of payments that had been applied to client disbursements; and applying the payments instead to outstanding fee amounts.

c. Reclassifying Of Counsel payments – millions of dollars of compensation to Of Counsel lawyers as equity partner compensation may have been reclassified. Of Counsel compensation is generally treated as an expense in financial statements.

d. Reversing credit card write-offs – charges from an American Express card that had not previously been expensed and were not chargeable to clients might have been falsely written-off. Hiding the amount in the books as an unbilled client disbursement receivable then illegally reversing the write-off at year-end. The amount might have remained on the books as an unbilled client disbursement receivable.

e. Reclassifying salaried partner expenses – improperly reclassifying salaried partners as equity partner so as to issue millions of dollars in compensation, and amortization of benefits related to salaried, non-equity partners. Treating payouts amounts expenses on financial statements, so the reclassification had the effect of falsely reducing expenses. This change in treatment may not have been disclosed to the Firm’s auditors nor disclosed on the audited financial statements.

f. perhaps fraudulently seeking sought backdated checks to post to the prior year to hide the date on which checks were received. The effort was to minimize the risk that auditors would discover that December checks received in January, including backdated checks, were being posted to the prior year.

g. Applying partner capital as fee revenue – millions that that had been contributed by a partner to satisfy his capital requirement might have been applied as a fee payment for the client of a different partner. This amount might have been illegally backed out of fees and applied to the partner’s capital account for the fiscal year, but might have been reapplied as a fee payment for the same client.

h. Applying loan repayments as revenue – bank loans that benefitted partners might have been restructured so that the loan repayment would increase the Firm’s revenue.

I. Did the Firm fraudulently claim revenue that they did not have and pushing expenses and financial obligations off into the future?

[wiggen]

dead to rights and no prosecution and what? gets off with his money?

[Alberta's Child]

I'm not sure how anyone would know that.

And I'm not just talking about direct referrals. I'm wondering why any elected official in a state would also work for a law firm whose litigation business was chasing major employers out of that same state.

[Balding_Eagle]

That is an interesting question.

[Eva]

It’s possible that Islamic power brokers in NY are about to replace the Jewish power brokers.