Inside Broke Roger Stone's Very 'Shady' Condo Purchase

[Zorro]

Roger Stone somehow secured a $400,000 mortgage while facing a $1.5 million federal lien and owing the IRS roughly $2 million.

The federal government says longtime Donald Trump confidant Roger Stone owes $2 million in unpaid taxes. And while the Department of Justice is taking Stone to court in a civil suit with no criminal charges, at the center of its case is a curious transaction: a $400,000 mortgage loan for a condo.

The government’s complaint lays out a complicated scheme. It describes the condo purchase as an overt act of fraud, and claims a right to seize the property. Essentially, prosecutors say, Stone and his wife Nydia used $140,000 from a private company they already held (Drake Ventures) for a down payment on a condo. Picking up the rest of the tab—almost exactly $400,000—was a mortgage lender.

That lender, a private individual who would only talk to The Daily Beast on the condition that we not print his name, said he had been misled and likely wouldn’t have granted the loan if he had known the full picture.

It’s still a mystery how Roger Stone, weeks after his front-page criminal indictment in January 2019 and saddled with a $1.5 million federal lien, was able to secure that loan. But interviews and previously unreported documents provide new insight into the Stones’ maneuvering to accomplish what the Department of Justice says was their attempt to defraud the IRS.

https://www.thedailybeast.com/inside-broke-roger-stones-very-shady-condo-purchase

[TreasonousBastard]

1. We shall see if this wipes the smirk off his face.

[RussellCattle]

11. God, I hope so, but that fuckers face seems to be consistently slapable.

Backpfeifengesicht.

[Haggard Celine]

2. I really want to see him in prison before he dies.

I would take almost as much pleasure in that as seeing Trump go to prison.

[iluvtennis]

9. Ditto. n/t

[CousinIT]

3. Paywall. Is Daily Beast the original story source? n/t

[Zorro]

4. Yes

[Thomas Hurt]

5. That lender, a private individual...is either stupid or is in on the scam.

[Bev54]

10. Not necessarily

A lot of private lenders do it because it is fairly safe investment that makes a better return. The money is provided through an investment company or lawyer and they expect them to do the due diligence.

[Deep State Witch]

6. Why Couldn't He Have Owned

a condo in that building that collapsed? At least it would have been one positive thing.

[wryter2000]

7. I wonder where the condo is

540k wouldn't buy you a garage in California.

[Laura PourMeADrink]

12. Thought he lived in FL somewhere? Actually think FT Lauderdale?

[KS Toronado]

8. Allen Weaselberg probably taught Stone everything

about evading taxes and hiding money since he was friends with his boss.

[JohnnyRingo]

13. I wonder if the lender really was deceived by Stone, or...

Maybe he's just stepping back from a fraud case by claiming ignorance.

[edhopper]

14. But a mother who puts her child

in another school district is criminally prosecuted.

Our glorious justice system.