Israeli Prime Minister Under Suspicion For Real Estate Fraud Also

EhudOlmertThis is nothing unusual, politicians taking a sweetheart deal on a piece of prime real estate, but the Prime Minister of Israel Ehud Olmert has probably crossed the line by taking a property for 500,000 dollars below market value and then giving special consideration those very same contractors for permits.

Lindenstrauss’s statement came in response to a report in the Haaretz daily that Olmert is to be questioned about the real estate deal in which he allegedly bought a Jerusalem apartment for about $500,000 below its market value. In exchange, Olmert associates allegedly helped the contractor obtain unusual permits from the Jerusalem municipality, Haaretz said in the report. via Jerusalem Post.

Related posts:
  1. Daily News Steals The Empire State Building – Why Real Estate Fraud Is So Easy
  2. Senate Looks To Allocate $200 Million For Real Estate Fraud Prosecution
  3. Real Estate Investors Driving Market?
  4. Canada’s Real Estate Market Recovering
  5. Commercial Real Estate Down 15% in 2008, Returns To 2005 levels

Post a Response

« Back to text comment
  • Popular

    Most Comments

    Search

    Tags

    Archives

  • Recent Comments

    • Although I agree on most points, I would like to point out that most of the banks that are being ...
      Portland Real Estate | 20Nov09 | More
    • The question is when are they going to release them on the market. Las Vegas leads the nation in ...
      Tony Sena | 19Nov09 | More
    • I keep seeing mentions of Florida's market getting better in multiple blogs. I'm increasingly under the assumption that at least ...
      Cary NC Homes for Sale | 19Nov09 | More
    • I would like to know more about it. I need to know how you file for it. Please let me ...
      Kala | 19Nov09 | More
    • Great blog, keep the great content coming!
      NickWaltersRE | 19Nov09 | More
    • If you want to succeed, do not say "we can prevent this in the future." Live in reality. ...
      Stephen Davis | 19Nov09 | More
    • Don't worry. Bail out number 2 on the way!
      Stephen Davis | 19Nov09 | More
    • The price of the property depends on its quality and the deal between the management. Good and wise choices are ...
      beaumont houses for sale | 19Nov09 | More
    • This is a sign that the real state industry is about to rise again maybe not on its peak but ...
      houses in beaumont | 19Nov09 | More
    • I don't have experience at actualy working in tha automotive bussinnes, but have experience working in a warehouse invironment. ...
      paula schmidt | 19Nov09 | More
  • Statistics

  • Friends

  • Recent Friends Visiting

  • Subscribe





    Get Updates Delivered Daily By E-Mail:

    Delivered by FeedBurner