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"Severe Thunderstorm Watch" Severe Thunderstorm Watch 415 remains in effect until 800 PM EDT NY . New York counties included are Bronx Broome Chemung Columbia Delaware Dutchess Greene Kings Nassau New York Orange Putnam Queens Richmond Rockland Schuyler Steuben Suffolk Sullivan Tioga Tompkins Ulster Westchester , "Heat Advisory" ...Heat advisory remains in effect until 8 PM EDT this evening... * heat index values...around 100 due to temperatures around 90 and dewpoints in the lower 70s. * Timing...highest heat indices late this afternoon. * Impacts...the combination of the heat and humidity will increase the risk for heat related health issues...especially for the elderly...those with chronic health problems such as lung and heart disease...those working outdoors...and other heat sensitive groups of people. Precautionary/preparedness actions... A heat advisory is issued when the combination of heat and humidity is expected to make it feel like it is 100 to 104 degrees for two consecutive hours. To reduce risk during outdoor work the occupational safety and health administration recommends scheduling frequent rest breaks in shaded or air conditioned environments. Anyone overcome by heat should be moved to a cool and shaded location. Heat stroke is an emergency...call 9 1 1. , "Special Statement, Air Quality Alert" ...A line of strong thunderstorms will affect Nassau...western Suffolk...Kings...Queens...New York and Bronx counties... At 344 PM EDT...radar indicated strong thunderstorms were located along a line extending from near Darien to near Rye to near New Rochelle to Co-op City to Harlem. Movement was southeast at 20 mph. Winds in excess of 40 mph are possible with these storms. These storms will be near...Glen Cove...Bayville and Sands Point around 355 PM EDT. Port Washington...Bayside and Whitestone around 400 PM EDT. Oyster Bay...Great Neck...Flushing and Manhasset around 405 PM EDT. Huntington...Northport...Brookville...Little Neck...Forest Hills... Centerport and Clearview expressway around 410 PM EDT. Syosset...Huntington Station...Ozone Park and Cold Spring Harbor around 415 PM EDT. Mineola...Westbury...Jamaica...Woodbury...Elmont...Howard Beach and Canarsie around 420 PM EDT. Garden City...Commack...Plainview and Hicksville around 425 PM EDT. Valley Stream...Lynbrook...Kennedy Airport...Smithtown...Hempstead... Melville and Dix Hills around 430 PM EDT. Other locations impacted by these storms include West Hempstead... Thomaston...Jericho Turnpike...West Islip...Washington Heights... Islandia...East Meadow...Herricks...East Northport and Huntington Bay. A Severe Thunderstorm Watch remains in effect until 800 PM EDT for southern Connecticut...northeastern New Jersey...and southeastern New York. Lat...Lon 4078 7400 4091 7392 4088 7379 4104 7359 4090 7349 4102 7356 4096 7350 4103 7356 4104 7355 4099 7348 4112 7341 4096 7339 4093 7317 4074 7295 4065 7337 4066 7313 4062 7323 4056 7386 time...Mot...loc 1944z 325deg 18kt 4102 7343 4093 7364 4090 7374 4086 7383 4084 7393 Dw 345 PM EDT Mon Jul 25 2016 ...A line of strong thunderstorms will affect Nassau...western Suffolk...Kings...Queens...New York and Bronx counties... At 344 PM EDT...radar indicated strong thunderstorms were located along a line extending from near Darien to near Rye to near New Rochelle to Co-op City to Harlem. Movement was southeast at 20 mph. Winds in excess of 40 mph are possible with these storms. These storms will be near...Glen Cove...Bayville and Sands Point around 355 PM EDT. Port Washington...Bayside and Whitestone around 400 PM EDT. Oyster Bay...Great Neck...Flushing and Manhasset around 405 PM EDT. Huntington...Northport...Brookville...Little Neck...Forest Hills... Centerport and Clearview expressway around 410 PM EDT. Syosset...Huntington Station...Ozone Park and Cold Spring Harbor around 415 PM EDT. Mineola...Westbury...Jamaica...Woodbury...Elmont...Howard Beach and Canarsie around 420 PM EDT. Garden City...Commack...Plainview and Hicksville around 425 PM EDT. Valley Stream...Lynbrook...Kennedy Airport...Smithtown...Hempstead... Melville and Dix Hills around 430 PM EDT. Other locations impacted by these storms include West Hempstead... Thomaston...Jericho Turnpike...West Islip...Washington Heights... Islandia...East Meadow...Herricks...East Northport and Huntington Bay. A Severe Thunderstorm Watch remains in effect until 800 PM EDT for southern Connecticut...northeastern New Jersey...and southeastern New York. Lat...Lon 4078 7400 4091 7392 4088 7379 4104 7359 4090 7349 4102 7356 4096 7350 4103 7356 4104 7355 4099 7348 4112 7341 4096 7339 4093 7317 4074 7295 4065 7337 4066 7313 4062 7323 4056 7386 time...Mot...loc 1944z 325deg 18kt 4102 7343 4093 7364 4090 7374 4086 7383 4084 7393 Dw 1053 am EDT Mon Jul 25 2016 ...Air quality alert in effect from 11 am to 11 PM EDT Monday... The New York state department of environmental conservation has issued an air quality health advisory for the following areas... New York City...all of Long Island...and Westchester and Rockland counties. Air quality levels in outdoor air are predicted to be greater than an air quality index value of 100 for the pollutant of ozone. When pollution levels are elevated...the New York state department of health recommends that individuals consider limiting strenuous outdoor physical activity to reduce the risk of adverse health effects. People who may be especially sensitive to the effects of elevated levels of pollutants include the very Young...and those with pre-existing respiratory problems such as asthma or heart disease. Those with symptoms should consider consulting their personal physician. A toll free air quality hotline has been established so New York residents can stay informed on the air quality situation. The toll free number is 1 800 5 3 5, 1 3 4 5. 1053 am EDT Mon Jul 25 2016 ...Air quality alert in effect from 11 am to 11 PM EDT Monday... The New York state department of environmental conservation has issued an air quality health advisory for the following areas... New York City...all of Long Island...and Westchester and Rockland counties. Air quality levels in outdoor air are predicted to be greater than an air quality index value of 100 for the pollutant of ozone. When pollution levels are elevated...the New York state department of health recommends that individuals consider limiting strenuous outdoor physical activity to reduce the risk of adverse health effects. People who may be especially sensitive to the effects of elevated levels of pollutants include the very Young...and those with pre-existing respiratory problems such as asthma or heart disease. Those with symptoms should consider consulting their personal physician. A toll free air quality hotline has been established so New York residents can stay informed on the air quality situation. The toll free number is 1 800 5 3 5, 1 3 4 5. -- Monday Jul.25 16,04:00 PM

Four Arrested for Defrauding Mortgage Lending Institutions

Mortgage Broker, Title Agent, Real Estate Appraiser, Attorney, Property Managers, and Others Conspired to Steal Funds in a Multi-Million-Dollar Scheme

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Brooklyn, NY - June 25, 2014 - A six-count indictment was unsealed this morning in federal court in Brooklyn charging mortgage broker Alex Barrett, property manager Barthelemy Adjavehoude, title agent Michelle Baker, property manager and self-described foreclosure specialist James Bayfield, and property managers Samuel Terrell Bell and Dirk Hall with engaging in a bank and wire fraud conspiracy to steal millions of dollars from financial lending institutions. Defendants Adjavehoude, Baker, Bayfield, and Bell were arrested and will be arraigned this afternoon before United States Magistrate Judge Lois Bloom at the United States Courthouse in Brooklyn, New York. The defendants face penalties of up to 30 years’ imprisonment if convicted.
 
The charges were announced by Loretta E. Lynch, United States Attorney for the Eastern District of New York; George Venizelos, Assistant Director-in-Charge, Federal Bureau of Investigation, New York Field Office (FBI); Michael Stephens, Acting Inspector General, Federal Housing Finance Agency, Office of Inspector General (FHFA-OIG); Christina Scaringi, Special Agent-in-Charge, Northeast Region, U.S. Department of Housing and Urban Development, Office of Inspector General (HUD-OIG); and Derek Evans, Special Agent-in- Charge, Federal Deposit Insurance Corporation-Office of Inspector General, New York Region.
 
According to the indictments unsealed this morning, the defendants and other participants in the scheme (“the conspirators”) caused mortgage loan applications with false information to be submitted to lending institutions in connection with the purchase of residential properties located within the Eastern District of New York. These applications contained fraudulently inflated purchase prices and appraisals for the properties, as well as false information about the assets and income of the purchasers of the properties, many of whom were being compensated as part of the
 
The charges announced today are merely allegations, and the defendants are presumed innocent unless and until proven guilty. Previously, co-conspirators George Alderdice, an attorney, and Sharif Rashed, an appraiser, pled guilty to conspiring to commit bank and wire fraud for their respective participation in the scheme. scheme to act as straw purchasers. The conspirators also falsified HUD forms and provided false down payment checks to make it appear as if the straw purchasers and the other borrowers had made down payments in connection with the purchase of the properties, which was a condition of the lending institutions for issuing the mortgage loans.
 
To carry out their scheme, the conspirators allegedly often conducted simultaneous purchases and sales of the properties, sometimes called “flips,” in an effort to conceal their criminal involvement and to inflate the value of the properties. For example, a conspirator would purchase a property from a homeowner. That same day, the conspirator would sell the property to a straw purchaser at an inflated value. The conspirators, through the use of backdated and falsified documents, concealed from the lending institutions the fact that the purchase and sale had occurred on the same day and made it appear as if the transaction between the homeowner and the conspirator had occurred over 60 days prior to the sale from the conspirator to the straw purchaser.
 
As a result of the false applications and appraisals, the lending institutions were fraudulently induced to issue millions of dollars of mortgage loans secured by properties that had inflated appraisal values to individuals who had insufficient income and assets to qualify for the mortgage loan. In many instances, the straw purchasers and the other borrowers failed to make required mortgage payments to the lending institutions, which caused the mortgage loans to be placed into default status.
 
At approximately the time of the closings of the properties, the conspirators diverted for their own use the portion of the loan proceeds that exceeded the actual value of the properties. The conspirators collectively caused the financial lending institutions to loan out over $5.5 million, of which over $2.7 million was the conspirators’ profit from the scheme. The investigation identified at least 17 properties in the scheme, including locations in Cambria Heights, Far Rockaway, Brooklyn, Laurelton, Jackson Heights, Jamaica, Hempstead, Rosedale, and Hollis, New York.
 
“Through a web of lies and false documentation, these real estate professionals allegedly stole millions from banks, which they used to line their own pockets,” stated United States Attorney Lynch. “The size and scope of the conspiracy were noteworthy, but the charges announced today are the result of an even more impressive collaboration between all the agencies that worked tirelessly to bring the defendants to account for these crimes. This is a clear message to anyone who contemplates engaging in mortgage fraud: do not even attempt it because you will be caught.”
 
FBI Assistant Director-in-Charge Venizelos stated, “In an elaborate scheme between brokers, appraisers, straw buyers, and others, it is alleged that these defendants conspired to shake down and defraud banks. The scheme not only victimized those institutions, but millions of consumers who either paid higher rates or could not get a loan.”
 
HUD-OIG Special Agent-in-Charge Christina Scaringi stated, “The arrests and charges announced today serve to remind the public that we will continue the important work of investigating mortgage industry professionals who deceive and defraud homeowners, the Federal Housing Administration, and mortgage lending institutions to satisfy their own personal enrichment. As alleged, the conduct of these defendants is particularly troubling as it is yet another reminder of the fraud and difficulties many endured in the aftermath of the recent housing crisis. We wish to thank our law enforcement partners at the FBI, FHFA-OIG, FDIC-OIG, and the U.S. Attorney’s Office for their perseverance and steadfast efforts in ensuring these defendants are brought to justice.”
 
FDIC-OIG Special Agent-in-Charge Derek Evans stated, “The Federal Deposit Insurance Corporation Office of Inspector General is committed to its partnerships with others in the law enforcement community as we address mortgage fraud cases throughout the country. Today’s arrests illustrate that the government is working to ensure integrity in the financial services and housing industries and that those involved in criminal activities that undermine that integrity will be held accountable if ultimately found guilty.”
 
FHFA Acting Inspector General Michael Stephens stated, “As alleged, the individuals charged in this scheme operated with impunity under the flawed belief that as industry insiders they could better cover their tracks to avoid detection. However, as evidenced by today’s charges, no fraudulent plan is foolproof. We are proud to have worked with our law enforcement partners and will continue our collaborative efforts to bring those who cheat our financial institutions, and ultimately American taxpayers, to justice.”
 
The government’s case is being prosecuted by Assistant United States Attorney Walter M. Norkin.
 
This case was brought in coordination with President Barack Obama’s Financial Fraud Enforcement Task Force. President Obama established the interagency task force to wage an aggressive, coordinated, and proactive effort to investigate and prosecute financial crimes. The task force includes representatives from a broad range of federal agencies, regulatory authorities, inspectors general, and state and local law enforcement who, working together, bring to bear a powerful array of criminal and civil enforcement resources. The task force is working to improve efforts across the federal executive branch, and with state and local partners, to investigate and prosecute significant financial crimes, ensure just and effective punishment for those who perpetrate financial crimes, combat discrimination in the lending and financial markets, and recover proceeds for victims of financial crimes.
 
The Defendants:
ALEX BARRETT
Age: 47
Residence: Farmingville, New York
 
BARTHELEMY ADJAVEHOUDE
Age: 54
Residence: Baldwin, New York
 
GEORGE ALDERDICE
Age: 42
Residence: Manhasset, New York
 
MICHELLE BAKER
Age: 47
Residence: Jamaica, New York
 
JAMES BAYFIELD
Age: 42
Residence: Jamaica, New York
 
SAMUEL TERRELL BELL
Age: 33
Residence: North Babylon, New York
 
DIRK HALL
Age: 39
Residence: Jamaica, New York
 
SHARIF RASHED
Age: 32
Residence: Jamaica, New York