Posted on 03/22/2024 3:50:37 PM PDT by bitt
To celebrate St. Patrick’s Day, here is a tale of financial shenanigans at the American Irish Historical Society, in which Trump-deranged New York Attorney General Letitia James is hoist by her own petard.
It involves a grand old building on Fifth Avenue, an unpaid loan, a fading family dynasty, a James Joyce theatrical production which almost ended in fisticuffs, and hypocrisy from the AG as obvious as a glass of green beer.
It all began when James Doyle, a wealthy Georgia businessman with a love of his Irish roots, joined the board of the nonprofit society, whose crown jewel is a rare Gilded Age mansion at 991 Fifth Ave., right across from Central Park and the Met.
Over the years, financial mismanagement and misfortune had befallen the society, and it was facing foreclosure. So in 2017, the board turned to Doyle for a $3 million loan, structured like a private mortgage. He was told that the Beaux-Arts townhouse was worth $80 million that included valuable air rights.
However, the society only made a few payments and Doyle soon found things weren’t quite as they seemed.
The society had been dominated for half a century by the Cahill family, and president emeritus Dr. Kevin Cahill was accused of treating the townhouse as his own “private club,” with one of his four sons, Christopher, becoming its “well-compensated executive director,” according to the New York Times. Christopher earned $88,459 in 2020, and between $134,768 and $179,402 in previous years, according to IRS returns.
Cahill, a tropical disease specialist said to have treated Pope John Paul II after he was shot, reportedly raised the money to renovate the mansion to its former glory when he took over in the 1970s. A stocky man
(Excerpt) Read more at nypost.com ...
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Marking.
I hope this has some affect, but I won’t hold my breath, as the whole state is as corrupt as they come.
Letitia AND Judge Engoron are PURE EVIL.......PURE EVIL!!!
There’s no level of depravity to which today’s Rats will not stoop.I give you Letitia James as a prime example.
I just watched a video about this.
“Doyle’s lawyer, Tim Parlatore, alleges that James’ enthusiastic involvement in the Doyle case may be driven by “connections with the Defendant.”
And he points out the uncanny similarities between his client’s predicament and the notorious case James brought against Donald Trump for supposedly inflating the value of his properties to get a better mortgage, “although her office is now taking a polar opposite position.”
The lawsuit alleges that Doyle was given “fraudulently inflated valuations” of the townhouse, putting its market value at over $80 million. Cahill and the society’s current president-general, James Normile, “made representations to [Doyle] that the building had ‘air rights’ and could be built, or rebuilt, higher than its current height.
“In reality, there were no ‘air rights’ and the actual value is closer to $20 million. [The society] made a gross over-valuation” of the townhouse, which induced Doyle to make the $3 million loan.
“Tish James said, ‘Nobody is above the law,’ which should include Tish James, who seems to have actively aided and abetted in the art of the steal,” Parlatore told The Post.”
Lewisham would make any communist dictator proud.
Leticia James BUSTED in Fraud Scandal while Trump APPEALS Ruling
Robert Gouveia Esq.
801K views3 days ago
https://m.youtube.com/watch?v=JQYJaN0jncA&t=466s
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