Monday, December 3, 2007

$100 Million Mortgage Fraud in Queens: Local Papers Silent

Unbelievable. Thomas Kontogiannis, Queens "businessman", convicted briber, admitted money launderer, and shadowy financier about town, has apparently run a $100 Million mortgage fraud in Queens while on trial in federal court for laundering bribes to a sitting US Congressman.

The unbelievable part is, this is not newsworthy enough for the New York Times, The Daily News, The New York Post, or Newsday to cover. Nor, as far as I can tell, any of the local borough-centric papers.

What the hell is up with that? Why do I have to read a California paper to get this news? This is a major national story, and the local media . . . *crickets*.

1 comment:

Anonymous said...

WHY IS THAT?? I LIVE IN ONE OF HIS COMPLEXES WHICH IS RENT STABALIZED BUT IS SELLING AS CONDOS. HOW DOES THAT WORK ?? IS CROWN AQUISITION HOLDING CORP ONE OF HIS FRONT BUSINESSES??