Posted on 12/03/2008 12:12:17 PM PST by Islander7
In one of the biggest heists in American history, the Daily News "stole" the $2 billion Empire State Building.
And it wasn't that hard.
The News swiped the 102-story Art Deco skyscraper by drawing up a batch of bogus documents, making a fake notary stamp and filing paperwork with the city to transfer the deed to the property.
Some of the information was laughable: Original "King Kong" star Fay Wray is listed as a witness and the notary shared a name with bank robber Willie Sutton.
The massive ripoff illustrates a gaping loophole in the city's system for recording deeds, mortgages and other transactions.
The loophole: The system - run by the office of the city register - doesn't require clerks to verify the information.
Less than 90 minutes after the bogus documents were submitted on Monday, the agency rubber-stamped the transfer from Empire State Land Associates to Nelots Properties LLC. Nelots is "stolen" spelled backward. (The News returned the property Tuesday.)
(Excerpt) Read more at nydailynews.com ...
I’ve dealt with NYC bureaucrats. If you required those people to verify the information they’re dealing with, you’d be waiting in line for six months, instead of 2 hours.
I’m shocked, shocked I say that you’ve found incompetence in a government bureaucracy!
Why can’t it take 90 minutes to get Obama’s birth certificate?
The bigger Goober Mint gets, the easier he is to take down.
Some smarts, desire, and brass marbles help also.
More proof of why Upstate needs its own state.
They should send the Daily News a property tax bill on a $2B property.
Barack 0bama could employ the Daily News to work on his next forgery.
>They should send the Daily News a property tax bill on a $2B property.
LOL - I like that idea.
seems to me that forging a notary public and filing false gov't documents would be no small crime.
Barack Obama was more successful in getting Jack Ryan’s divorce papers released.
Journalists live in an ivory tower. They believe themselves to be above all laws. ALL laws.
A system, based largely on trust, is exploitable? I’m shocked!
Less than 90 minutes after the bogus documents were submitted on Monday, the agency rubber-stamped the transfer from Empire State Land Associates to Nelots Properties LLC. Nelots is "stolen" spelled backward. (The News returned the property Tuesday.)Uh, I've gotta catch a plane...
This story should remind you of something:
“The massive ripoff illustrates a gaping loophole in the city’s system for recording deeds, mortgages and other transactions.
The loophole: The system - run by the office of the city register - doesn’t require clerks to verify the information.”
Thanks, FredNerks
Very interesting.
Ping.
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