Cuyahoga County Hypocrite Con Artist GUS FRANGOS - President of the Cuyahoga County Land Bank
Gus Frangos is in deep shit with his numerous conflicts of interest. I hope this serious conflict of interest causes him to lose his six figure salary- paid by the collection of delinquent property taxes.
Gus Frangos shell LLC property - 1158 East 61st Street LLC- was tax delinquent for years with a tab of over $25,000 in delinquent taxes for 1154 & 1158 East 61st Street in Cleveland, Ohio.
The over-inflated mortgage ( $175,000 ) that Gus Frangos signed for was never repaid. Gus Frangos signed the mortgage as 'Gus Frangos, Member of 1158 East 61st LLC'.
Cuyahoga County filed a delinquent property tax foreclosure case against the shell LLC. Judgment was granted and the second and final sheriff auction sale was yesterday, April 22, 2013.
There were no bidders. Now Gus Frangos' shell LLC - 1158 East 61st Street LLC - will be ordered into the Cuyahoga County Land Bank.
Gus Frangos will again have control over the same exact property that he just walked away from and stuck taxpayers with the $25,000 bill.
Gus Frangos former employer- Cuyahoga County Treasurer's office , Jim Rokakis, ignored the delinquent property taxes for many years while Gus Frangos was employed.
PRIMARY OWNER | 1158 E 61ST LLC | |
PROPERTY ADDRESS | 1154 E 61 ST, Cleveland, OH 44103 |
PARCEL NUMBER 104-13-069 |
DELQ BALANCE $ 8,477.39 |
AND
PRIMARY OWNER | 1158 E. 61ST, LLC | |
PROPERTY ADDRESS | 1158 E 61 ST, Cleveland, OH 44103 |
Parcel Number 104-13-070
DELQ BALANCE $ 17,220.04
CV-12-773022 | |
Case Title: | TREASURER [1] OF CUYAHOGA COUNTY, OHIO vs. 1158 E. 61ST, LLC, ET AL |
4/26/2012 | N/A | OT |
COMMUNICATION LETTER TO THE COURT FROM GUS FRANGOS, SEC. OF STATE........
|
County records reflect that the mortgage of $175,000 was never repaid. No mortgage release in the fiscal office.
Gus Frangos address in Hudson is used for the mortgage.
GUS FRANGOS SIGNATURE ON THE MORTGAGE ; " Gus Frangos, Member 1158 East 61st LLC"
GUS FRANGOS HIRED AGENT, LADON RUFFIN, TESTIFIED UNDER OATH ON SEPTEMBER 15, 2011 THAT FRANGOS HIRED HIM TO COLLECT RENT
Gus Frangos needs to be removed from his position immediately.
*** My blogs expressing my freedom of speech rights - especially on matters of public concern- are my opinion and not the opinion of my friends, family or employer***
Links:
[1] http://cpdocket.cp.cuyahogacounty.us/CV_CaseInformation_Summary.aspx?q=8RD99JHlfTSC0e2wyaP3Kg2#
[2] http://www.sanduskyregister.com/blog/register-viewpoint/3549976#
[3] http://www.sanduskyregister.com/blog/register-viewpoint/3549976
[4] http://li326-157.members.linode.com/content/landbanking-profit-those-well-connected-cuyahoga-county-land-bank
[5] http://li326-157.members.linode.com/content/tax-liens
[6] http://li326-157.members.linode.com/content/cuyahoga-county-land-bank-creators-dabble-ten-million-dollar-property-jim-rokakis-gus-frango