From: kenneth ditkowsky
Sent: May 29, 2014 8:01 AM
To: Lucius Verenus
Subject: Re: hofstetter
When I was a youngster I worked for a company called Jackson Realty. Our business was purchasing real estate for clients. We competed with scavengers and bottom feeders who purchased anything that they thought was a bargain. Except for 'tax buyers' by 1970 most of the bottom feeders were eliminated from the market place. The Banks recognized a profit vehicle and bid in the amount due on their mortgage and eventually the bottom feeders got the message that all the glitters was not gold.
In the probate court there is a cadre of bottom feeders who act to disguise the theft of real estate from estates. The Sykes real estate sale is an example. The transaction words as follows:
1) real estate is targeted.
2) arrangements are made with a co-operative employee of the lender. The property goes from being a performing loan to a non-performing loan. If there is equity so much the better. A foreclosure discourages most heirs and allows co-operative judges to close their eyes. How can anyone fault a judge who salvages a the money so that the lawyers can be paid!
A few dollars in the right place and financing a straw buyer works wonders. The real estate quickly disappears from the sight to the heirs and the Court, the lawyer pockets the loose change, and magically the 'favored' few pay off the straw person, and resell the property at a handsome profit. Putting dollar figures on the example:
Sykes property - prior to guardianship appraisal $700,000
After guardianship claimed valuation $250,000.
Sale price $240,000 - Schmiedel/Stern/Farenga all get paid.
straw person bonus - $10,000
net profit $300,000 to $400,000.
Hofstetter if he visible is probably is a straw person. It is too dangerous for the attorney for an estate to openly and notoriously appear to be purchasing the assets of the Estate. He is a fiduciary! Jerome Larkin can protect him only so far! The Internal Revenue Service special agents, the FDIC special agents, and the FBI special agents see red when the run across lawyers who prey on the elderly and the heirs of dead people. They cannot always make a case right away but, as each puts his life on the line all the time they have empathy as they can see these same bastards preying on their families. The white wash is not persuasive.
The one thing that the Rothner deposition teaches is that there is no shortage of dummy corporations that can be promulgated to hid assets and mischief. It also points out that the miscreants are not shy in using their alter-ego corporations or their straw people.
I am not on a vendetta, but, I do have to point out that official corruption is present every step of the way even though it only fools the media, other public officials, and those who are naive and have no real world experience. This is part of the health care frauds as it funds other portions of the scenario.
18 USCA 4 requires people who have knowledge of these felonies to report them to law enforcement. Lawyers are supposed to communicate these frauds to not only law enforcement but the Illinois Attorney Registration and Disciplinary Commission. However, history of the Denison case, the Amu case and my situation teach us that if you are a lawyer and comply with 18 USCA 4 you will be suspended for four years. (Take your choice - 3 years in prison for violation of 18 UsCA 4, or four years for compliance.)
As the Supreme Court has affirmed the penalty for my compliance with 18 USCA 4 and judges are elected in Illinois ******. (We deserve what we get!)
Ken Ditkowsky
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