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Fergie

Avenger
Oct 25, 2017
3,882
England m8.
across the US – with help from HUD and foreclosures.

When Sean Hannity was named in court this week as a client of Donald Trump's embattled legal fixer Michael Cohen, the Fox News host insisted their discussions had been limited to the subject of buying property.

"I've said many times on my radio show: I hate the stock market, I prefer real estate. Michael knows real estate," Hannity said on television, a few hours after the dramatic hearing in Manhattan, where Cohen is under criminal investigation.

Hannity's chosen investment strategy is confirmed by thousands of pages of public records reviewed by the Guardian, which detail a real estate portfolio of remarkable scale that has not previously been reported.

The records link Hannity to a group of shell companies that spent at least $90m on more than 870 homes in seven states over the past decade. The properties range from luxurious mansions to rentals for low-income families. Hannity is the hidden owner behind some of the shell companies and his attorney did not dispute that he owns all of them.

Dozens of the properties were bought at a discount in 2013, after banks foreclosed on their previous owners for defaulting on mortgages. Before and after then, Hannity sharply criticised Barack Obama for the US foreclosure rate. In January 2016, Hannity said there were "millions more Americans suffering under this president" partly because of foreclosures.

Hannity, 56, also amassed part of his property collection with support from the US Department for Housing and Urban Development (Hud), a fact he did not disclose when praising Ben Carson, the Hud secretary, on his television show last year.

Christopher Reeves, Hannity's real estate attorney, said in an email he would "struggle to find any relevance" in Hannity's property holdings, which he said were highly confidential.

"I doubt you would find it very surprising that most people prefer to keep their legal and personal financial issues private," said Reeves. "Mr Hannity is no different."

Spokespeople for Hud and Fox News declined to comment on the record.

More:https://amp.theguardian.com/media/2...n-hannity-property-real-estate-ben-carson-hud
 

RedValkyrie

Self-Requested Ban
Banned
Oct 27, 2017
1,327
I love that his connection to Cohen has caused the press to take a closer at him.
 

thefit

Member
Oct 25, 2017
6,243
Sounds like a smart move, the shell company stuff is no surprise as it's done to stay anonymous as in almost all states you don't have to even reveal who the buyer is that's how a lot of Chinese money moved into real estate before China cracked down. Some states are working to change this but they are too in a hurry as money talks.
 

DrROBschiz

Member
Oct 25, 2017
16,466
Jesus this fucker is wealthy

No wonder he sticks by his insanity so hard. Why wouldn't he?

He has nothing to fear and is loaded to the teeth
 

spookyduzt

Drive-In Mutant
The Fallen
Oct 25, 2017
10,836
cb98002e-6f8f-443b-b9ons3g.gif
 

Just_a_Mouse

Member
Oct 27, 2017
2,030
Dozens of the properties were bought at a discount in 2013, after banks foreclosed on their previous owners for defaulting on mortgages. Before and after then, Hannity sharply criticised Barack Obama for the US foreclosure rate. In January 2016, Hannity said there were "millions more Americans suffering under this president" partly because of foreclosures.

As if anyone needed another reason to despise this hypocritical piece of shit.
 

_ifigured

Member
Oct 29, 2017
2,301
My rent is growing outrageously and right wing zealots are idolizing the people fucking over real estate and many other industries. The US is in such a garbage state.
 

DrROBschiz

Member
Oct 25, 2017
16,466
Big surprise the some of these rich assholes are unethical, opportunistic, and exploitative liars and con men

It pays in America to be this way and a lot of this shit is legal

This is the ugly side of capitalism. Peoplr hustle and play the game and they dont have to be honest about it. You can openly be a dirt bag and profit in insane ways

For the love of god I hope he actually did something illegal just for Karmas sake
 
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