What a tangled web of foreclosed homes and shady dealings Fox News host Sean Hannity is weaving this week! The Guardian exposed sprawling real-estate ventures that came to light once Trump’s personal lawyer, Michael Cohen, exposed Hannity in court as one of his three current legal clients.
Now, as Hannity’s words are coming back to bite Cohen in court, Cohen’s words have led to news that Hannity’s multimillion-dollar real estate deals are linked to a fraudulent property dealer, who purchased foreclosed properties through rigged auctions.
After Hannity said that he had approached Trump’s lawyer because of his knowledge of real estate, The Guardian went looking through thousands of pages of public records. They discovered that Hannity was linked to a group of shell companies that paid $90 million for 870 homes over the last decade.
Hannity could own all of the properties, which include low-income rental housing up to mansions in Alabama, Florida, Georgia, New York, North Carolina, Texas, and Vermont. John Swaine wrote:
“Hannity is the hidden owner behind some of the shell companies and his attorney did not dispute that he owns all of them.”
Although Hannity heavily criticized former President Obama for what he falsely claimed was a 51-year-low in public housing when Trump HUD Secretary Ben Carson appeared on his show last June, he conveniently left out the parts that he received assistance through HUD to obtain insured loans through the National Housing Act.
Those loans were guaranteed under the Obama administration, and have since been increased by Carson’s department by $5 million.
Hannity didn’t disclose his relationship with HUD as he praised Carson on his show. He similarly failed to disclose that Cohen was his lawyer after vigorously defending Trump and Cohen on the air.
Not only that but a principal at a wealth management firm where the Hannity-linked shell companies are located, Bill Lako has been a radio show guest for Hannity. Lako authored an article attacking Rober Mueller and his Russia probe for Hannity’s show website and conveniently left out his ties to Hannity.
That’s a whole lot of journalistic integrity on display from Hannity and Lako… Lako wrote:
“These things take time and time is money! Mr. Mueller was expected to finish his probe within nine to 12 months. He was appointed in May of 2017. It’s March now, so that’s 10 months by our count, and the meter is still running.”
Now, in a new report, the Guardian reveals that a real-estate dealer, Jeff Brock, is linked to Hannity’s shell company. He pled guilty in 2016 to:
“…Federal charges of bank fraud and conspiracy for his role in an operation to rig foreclosure auctions between 2007 and 2012.”
Brock bought 11 foreclosed homes in Georgia through a fraudulent auction scheme that ended up being sold at a profit to the Hannity-linked firm.
Hannity and his attorney, Christopher Reeves claim no knowledge of any fraud and say the shell company didn’t either.
They say Hannity wasn’t involved in choosing the properties. Hannity wrote:
“The fact is, these are investments that I do not individually select, control, or know the details about; except that obviously I believe in putting my money to work in communities that otherwise struggle to receive such support.”
As it turns out, some of the properties linked to Hannity may have created more struggling for homeowners who lost their homes.
Brock and two others had purchased the homes by creating an “artificially low bid.” They would allow a designated bidder to win a property with a low bid, then pay off the other potential bidders in the auction who agreed not to compete.
Brock’s scheme victimized the homeowners, who had lost their homes, as well as the lenders at the bank.
Hannity played down any involvement he had with Brock, and also played down his involvement with Michael Cohen, saying…
“I never retained him, received an invoice, or paid legal fees.”
Now those words are coming back to bite Cohen, as prosecutors in federal court say that means scores of documents seized from Cohen by the FBI aren’t likely to contain all that much attorney-client privileged material, undermining Cohen’s effort to slow down the review of what those documents may reveal.
See more in the video below:
Featured Image via YouTube Video.