you're reading...
Cache Creek Casino, Fulcrum Property Group, Howard Dickstein, Jeannine English, Marjorie Solomon, Mark Friedman, Thunder Valley Casino, United Auburn Indian Community, United States Arizona Senator John McCain, Yolo County

Breaking News — Sources: Howard Dickstein and Mark Friedman – 2 Notable Members of Sacramento-based “J Street Gang of Greed” – Under Scrutiny for Alleged Violation of IRS Code

*THE LESLIE BRODIE REPORT STRONGLY URGES THE READERS TO EXERCISE EXTREME CAUTION AND NOT JUMP TO CONCLUSION REGARDING MISCONDUCT BY ANYONE — it should be noted that TLR possesses not even a scintilla of evidence or knowledge that demonstrating that Howard Dickstein and/or Mark Friedman engaged in any unlawful activities in connection with IRS codes and regulations.

Following on the heels of articles published on The Leslie Brodie Report exposing abuse and financial atrocities by attorney Howard Dickstein (on behalf of himself, as well as others) against his clients — Native Americans who are members of various Indian tribes operating casinos in the State of California, a San Fernando Valley-based activist alleges such activities run afoul of the IRS Code.  Consequently, said activist plans on submitting a complaint to the IRS against Dickstein and Friedman.

Specifically, and according to sources seeking anonymity, said activist believes that at least one such scheme was carried out from its inception with intent to deceive, and to otherwise create an unauthorized tax-shelter.

The scheme allegedly perpetrated by Howard Dickstein of Dickstein & Zerbi and Mark Friedman of Fulcrum Property Group  against the Yocha Dehe Wintun Nation which operates the Cache Creek Casino in Yolo County deals with a parcel of land situated in West-Sacramento  known as “The Triangle,” an otherwise prime location facing the Sacramento River.

The tribe was urged by defendants Dickstein and its financial advisor Arlen Opper to enter into yet another business relationship with Friedman, through which a parcel of land in “The Triangle” was purchased.  The tribe would own 50% and Friedman and his extended would own 50% of the property.

At one point, Mark Friedman asked the tribe for a favor (or as he put it, an “accommodation”), by which the tribe would sell and Friedman would purchase the tribe’s 50% share in “The Triangle.”

Friedman’s excuse  for seeking the “accommodation” was very simple — he wanted to reduce the amount of money he would  owe the Internal Revenue Service.  Friedman had just sold a different piece of real estate, and  needed to quickly invest the money in real estate (or as he referred to it, to “park” the money ) in a separate property for a period of several years as is allowed by IRS rules; at the period, the tribe would be allowed to buy the property back for the same price for which it was sold to Friedman per a “buy back option.”

Dickstein and Opper recommended that the tribe “accommodate” Friedman, and Friedman consequently purchased the property from the tribe.

Per their written agreement, the tribe was given the option to buy back the property within one year.  However, the tribe did not buy back the property within one as  a result of a failure by Arlen Opper and Howard Dickstein — the attorney for the tribe who was in possession of the written agreement — to inform the tribe when the time period expired so that the tribe could buy back the property.  Notably, the property had increased in value “exponentially” during this period.

Later,  after the “buy back option” had expired, the tribe realized that it had missed the deadline to buy back its 50% share of the property, and sought to do so at that time.  However, Mark Friedman refused to sell it back, claiming that the tribe had missed its deadline.

Please see original article @:

http://tinyurl.com/cujke3c

About Leslie Brodie

Leslie Brodie is a reporter, writer, blogger, activist, and a religious leader in the community.

Discussion

Comments are closed.

Categories

RSS .

  • Working for the Judicial Council and a pattern of racketeering activity 2016/10/31
    The Racketeer Influenced and Corrupt Organizations Act, commonly referred to as the RICO Act or simply RICO, is a United States federal law that provides for extended criminal penalties and a civil cause of action for acts performed as part of an ongoing criminal organization. The RICO Act focuses specifically on racketeering, and it allows […]
    Judicial Council Watcher
  • Is the CJA suddenly an unauthorized collective bargaining unit? 2016/10/27
    (JCW is responsible for retitling this press release)(JCW also feels that this is a great reason to surrender your CJA membership and join the ACJ and no, we’re not judges or affiliated with the ACJ in any manner) October 25, 2016 Last May, the California Judges Association crowed that it had been given “a seat […]
    Judicial Council Watcher
  • What it’s like to work for the AOC 2016/10/18
    This Post will be modified  deleted and replaced to reflect individual experiences from people who have worked for the state agency currently known as the Judicial Council Staff or their predecessor, the AOC. While we currently have a few testimonials , we wanted to give you the opportunity to weigh in anonymously via our private […]
    Judicial Council Watcher
  • The Obligatory Election Post 2016/10/08
    It suffices to state that we were disappointed when the democratic electorate chose not to make Bernie Sanders their candidate. Many of the issues touched on by Sanders are the same issues that ensure the people of Europe economic security. Many countries in Europe offer a free college education. It’s the sole reason that Europe […]
    Judicial Council Watcher
  • Jacobs rushes new law into court, JC (finally) deflates their balloon 2016/10/03
    There goes our promised ten years of funding! On September 9th, the Jacobs cadre of companies rushed their custom crafted legislation into court arguing that they should not be held accountable for being unlicensed and should not be required to pay the people of the State of California back. For twenty one days it appeared […]
    Judicial Council Watcher

RSS Drudge Report Feed

.
%d bloggers like this: