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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: steve harris who wrote (306491)8/15/2011 10:17:25 AM
From: joseffy of 306849
 
Tax fraud suspected in Obama land deal
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wnd.com

The "buffer zone" parcel at the Obama family mansion in upscale Kenwood neighborhood purchased by the wife of convicted felon Tony Rezko was transferred to Barack and Michelle Obama without ever being assessed or taxed, in apparent violation of Illinois law, according to a debt-collection expert. . .

"It has the look of real estate and tax fraud," Henderson answered. "If a property is transferred without a tax assessment being completed and without taxes being paid on the property, my professional background causes me to be suspicious a crime may have been committed."
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