Thomas pictured here
as requested to be published again by a reader.
Tuesday, August 18, 2009
Foxwoods Casino Chair: bribes and a "laundry list of convicted felons" for associates Including The Chairman of The Mattabassett District
Thomas pictured here
as requested to be published again by a reader.
I am sure Trueworthy is proud to have someone convicted of tax evasion who is currently the defendant in 3 civil cases in control of the sewer plant.
ReplyDeleteVote Democratic and get more of the same!
ReplyDeletePosted Saturday, May 9th:
ReplyDeleteUNPAID REAL ESTATE TAXES FOR THE CITY OF NEW BRITAIN COMMISSIONERS:
MATTABASSETT DISTRICT
William P. Candelori, Ph.D. (CHAIRMAN) $2,512.49
Frank:
ReplyDeleteI do declare! Is that so? Tell us more, tellus more!
Colonial Realty/USA Corporation
ReplyDeleteIncorporated by Shuch, Frank M., Candelori, William P., Sisti, Benjamin, Googel, Jon, Hirsch, Hal M., Colonial Realty/USA Corporation is located at 65 Kane St West Hartford, CT 06119. Colonial Realty/USA Corporation was incorporated on Friday, December 02, 1988 in the State of FL and is currently not active. C T Corporation System represents Colonial Realty/USA Corporation as their registered agent.
Source: Public Record data - Department of State - Division of Corporations
OFFICERS:
* Candelori, William P.
* Googel, Jon
* Hirsch, Hal M.
* Shuch, Frank M.
* Sisti, Benjamin
On March 9, 1995, the Commission filed a complaint against
ReplyDeleteAutuori, Jonathan N. Googel, Benjamin J. Sisti, William
Candelori, Kevin P. Sisti, Peter J. Curley and Kenneth A. Zak
(collectively, the "Defendants"), alleging violations of several
antifraud and securities registration provisions of the federal securities laws in connection with Colonial's offering of CCLP units. During the offering period, CCLP interests totaling more than $30 million were purchased by over 700 investors residing in 28 states and the District of Columbia.
The complaint also alleged that, with the knowledge, approval and/or participation of various Defendants: Colonial concealed its financial problems from investors as the CCLP offering progressed; Googel, B. Sisti and Candelori signed false certifications in connection with the sale of investor notes to
financial institutions; and Colonial failed to disclose that
distributions to investors in its partnerships were funded frequently by "loans" from other Colonial partnerships. According to the Complaint, Autuori participated in sales seminars and other meetings with prospective investors, assuring them that Constitution Plaza would generate the revenues projected in CCLP's offering memorandum, and assisted in the preparation of materially misleading sales literature. In
September 1990, shortly after the CCLP offering was suspended,
Colonial was forced into bankruptcy and CCLP limited partners subsequently lost their entire investment. Autuori is the sole remaining defendant in the Commission's civil action.
(For further information, See Litigation Release Nos. 14432,
14448, 14612, 14723 and 14916)
2 Partners In Investment Plead Guilty
ReplyDeletePublished: Wednesday, June 9, 1993
The two founders of the failed Colonial Realty Company, which once controlled a $2 billion real-estate empire, pleaded guilty today to Federal fraud charges.
Jonathan N. Googel, in charge of marketing the company's investment properties, admitted he fraudulently obtained millions of dollars in loans by greatly overstating the amount of money committed to Colonial projects by investors.
His partner, Benjamin J. Sisti, admitted that, to shield his family's fortune from creditors, he illegally shifted more than $8 million to his wife's bank account and real estate in Florida shortly before Colonial's collapse in 1990.
Colonial, which was founded 25 years ago and based in West Hartford, was forced to seek bankruptcy protection in 1990 by banks owed more than $40 million.
Late last year, William P. Candelori, a former state lawmaker and executive at Colonial, pleaded guilty to Federal tax evasion for failing to report hundreds of thousands of dollars in income.
UNITED STATES COURT OF APPEALS
ReplyDeleteFOR THE SECOND CIRCUIT
No. 1129 August Term, 1995
(Argued February 28, 1996, Decided May 8, 1996)
Docket No. 95-1485
UNITED STATES OF AMERICA,
Appellee ,
v.
DOMINICK LOPREATO,
The thrust of the government's case against Lopreato was that Colonial partner William Candelori contacted Lopreato and proposed that the CLPF invest in the Colonial Metro Zero Coupon Mortgage Trust (Metro Zero), a debt security which Colonial was then offering. In response, Lopreato informed Jonathan Googel, through their mutual friend, Ronald Welch, that the CLPF would invest in Metro Zero, but that Lopreato would have to be paid, in cash delivered by Welch. An agreement was reached that Colonial would pay Lopreato five percent of each such CLPF investment.
It is a no wonder why I am selling my house and got the heck out of dodge !
ReplyDeleteThank you for re-printing this article Frank. keep informing the
ReplyDeletevoters. Readers of this blog. Spread the news.
Isn't it amazing that such a big story is brewing involving the chairman of a local 3 town sewer commission that handles millions of dollars of taxpayer money and the only paper to report it is the New London Day?
ReplyDeleteWhere's the Herald on such an important story?
O'Reilly is correct in saying the media in this country is defunct!
And now, the people of NB are to believe that Trueworthy partnered up with Candelori to save the city money! Yeah, right! What's next from this wacko Trueworthy, Sherwood, Little Mac, Gerratana, Bielinski, Hermanowski, Catanzaro and the other sure seven votes on the NB Council? And Sherwood has the audacity to ask a would be developer, "...where's the beef?"
ReplyDeleteTime for a clean sweep from the Council of all these tainted Democrats. Conflicts of interest, tax evasion, ethnic slurs, badgering of city officials... - and now questionable associations.
Sherwood has the audacity to ask a would be developer, "...where's the beef?"
ReplyDeleteI wouldn't blame that guy one bit if he took his $5 million and invested it in a town that wants his money.
Here's the best...Frank Smith is a dangerous hateful individual who should take a few minutes and "have a smoke"!!! LOL
ReplyDelete