~snippet~
You see, folks, at this moment, Salman Ibrahim has apparently closed the office of Sunrise Equities, Inc. at 6355 N. Claremont, Suite 201, Chicago Il 60659. Phone calls placed to 773.338.0818 remain unanswered.
Rumor has it he was arrested by the FBI almost two weeks ago for committing fraud. If so, good for the Feebs!
Or, could he be in a hiding place provided by his great friend MUFTI NAWAL UR RAHMAN SAHEB, head of the MASJID-E-NOOR mosque (6151 N. Greenview). This "priest", as he is referred to, is allegedly involved in the fraud and may have already packed up and left for India. O-ho!
There are others who could allegedly be aiding and abetting Salman Ibrahim: AMJED MAHMOOD (Sr. VP, Sunrise Equities, Inc.); MOHAMMAD AKBAR ZAHID (Sr. VP Community Relations, Sunrise Equities, Inc.);
and the elusive MOHAMMAD TARIQ SIDDIQUI, simply known as a "builder", but who touts himself as Chairman of Barack Obama's Finance Committee. Siddiqui IS listed as a "BUNDLER" at whitehouseforsale.org. He apparently has raised at least $50,000 for Obama's campaign.
http://rp1000.blogspot.com/2008/09/breaking-news-financial-crisis-facing.html
Salman Ibrahim has also made contributions to certain politicos, including Barack Obama.
The Obama Connection ping
So, is there some tie between MOHAMMAD TARIQ SIDDIQUI, who touts himself as Chairman of Barack Obama’s Finance Committee besides an Arabic-sounding name?
Very Interesting
Catch the address!!!
I used to live a block from there. But that was a different era.
Major bookmark! Great find.
ping
The MSM will be breaking this in three... two... one... Oh, never mind....
OK. Imagine my confusion. How can you have profit checks when you can't charge interest?
Very interesting; please keep posting on this topic. There may or may not be a trail to Zero (don’t yet see anything clear on that), but it’s still a disturbing trend to see the huge explosion of Shariah finance firms all over the country. It’s especially prevalent in university financing at Ivy Leagues and the University of Chicago, for instance. A portion of the interest that comes in from their investments must be spent on “religious” activities, so much of this money winds up going to fund terrorist groups. It’s pretty well documented and IBD has had some articles on it in the recent past.
The Obama Connection ping<<<
Boy oh boy, is it ever a connection.
Ping to check this one, Velveeta has done an excellent job.
25 years ago, a mortgage company in Arizona, was selling shares of mortgages.
He went to prison.
I had a mortgage, for a building that i had sold in Wellton, the payments suddenly stopped and when I wrote to ask why, I got a letter back for the State of Arizona.
I talked to a man on the phone and he said that he had rooms full of records to go through, that the man had been selling trust deeds and selling them in parts, whatever amount you had to invest, he had a deal for you.
A year or two went by and one day, the balance of my loan was in my mailbox, from the State.......no interest of course.
One more question, remember a few years ago, when muslims were advised to leave town?
It was part of one of the threats, I forgot which one now.
LOL, but I have a google alert still set for ‘muslims leave town’, if they suddenly did, it would mean an attack was coming........
How many others have left?
WOW... Thank you so much for posting this, Velveeta! And, thank you for the ping, Granny! Very scary stuff here. I’ll try to write up something on my blog about this.
Granny - another reason to add to the list from my rant on that other thread a second ago - Obama’s terrorist connections. Someone should be able to investigate these things officially and get some action taken. He cannot be allowed to obtain Top Secret Security Clearance, and command our troops - especially not when we are at war with these people! (Velveeta: My rant is here in case you were wondering - LOL - http://www.freerepublic.com/focus/news/2085469/posts?page=45#45 )
Is it possible that MOHAMMAD TARIQ SIDDIQUI, is related to Aafia Siddiqui, the woman arrested for attempting to kill United States officers in Afghanistan?
I am wondering if the bombing of the Marriott had anything to do with the Siddiquis.
BTTT
I think this typifies the conduct of Tariq Siddiqi. I have been investigating Siddiqi for the past few years and slowly and slowly are obtaining the facts and unraveling the fraud. Unlike Salman Ibrahim and Sunrise Equities disaster, the Feds go after the big boys but the smaller guys who scam money go under the radar. As I have a personal interest in finding all the facts to present to the proper authorities (hoping they wont go ignored) it has become very clear the Tariq Siddiqui or Siddiqi and Salman Ibrahim and Sunrise Equities were working together. In light of the recent Broadway Bank shut down, it has been even more clear that there are many people involved, including our Illinois government officials who seem to be involved in some corruption. It is a pretty well known fact that Tariq Siddiqi and Treasurer Alexi Giannoulias have known each other for quite some time. And the expansion of Tariq Siddiqi’s scam was because Alexi funded his projects when most banks would have turned it down. It is sad to see that Alexi blames Broadway Banks downfall on the economy when the Broadway Bank and Alexi’s own careless and greed caused it which may or may not be fraudulent. Siddiqi had many accomplices, he had sham-buyers, attorneys, realtors, appraisers, architects, bankers and many more that he either forced to work with him or got paid well. I know several people who gave about $50-100,000 to Siddiqi for a Sunrise type scheme and then threatened them if they ever took any legal action. I know one person that was investigating Siddiqi that just happened to be beaten up in his own home. Too many coincidences, i think not. Here are some examples that I have found.
- There are buyers for Siddiqi’s condo projects where the same buyers buy condo units in multiple properties, if not multiple units in the same development and go into foreclosure immediately.
- Siddiqi takes the proceeds and hides them in different accounts accounting at a expense for his Homes 4 You, Inc. company stating that it is a payment towards work and investors are told that the development failed while Siddiqi pockets a large sum of money from each deal, approximately $50-100k.
- Siddiqi’s Attorney, Charles Levy and many others get Attorney Fees of $100,000 or more from each closing. That is pretty outrageous fees for a closing.
- Most condos that are sold are not even finished and looks like someone just walked around with a hammer and nails to show that somehing happened.
- Siddiqi strips the equity of a new property that he has gotten to payoff older properties to continue his scam and stay good with banks.
- There are letters with Siddiqi, Broadway bank, sunrise equities and salman ibrahim as recent as 1-2 months before Salman Ibrahim disappeared trying to broker some deal.
Needless, to say, the list goes on and on. Court records show that almost all of Siddiqi’s properties are in foreclosure and all the honest investors are screwed. Then he gets these unscrupulous lawyers, like Charles Levy, Robert Habib, Rakesh Khanna of Weissberg and Associates who are all part of the scam and keeping Siddiqi alive by hiding funds for them in Client Trust Accounts.
Some have sad that Siddiqi’s actions are like the Mafia....He thinks he is above it all and is untouchable.