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ABC Special Report
Investigation: New Home Heartbreak
Trump - NAHB Homebuilders Shoddy Construction and Forced Arbitration

Organizing your community to bring public attention to builder’s bad deeds and seeking assistance from local, state and federal elected officials has proven to be more effective and much quicker for thousands of families. You do have choices and alternatives.  Janet Ahmad

New Jersey - Latest News
New Jersey Builder goes to Jail
Tuesday, 15 April 2008

LBI home builder sentenced to 364 days in jail
Superior Court Judge Wendel E. Daniels placed Louis Vanacore, 42, on probation for five years, ordered him to serve 364 days in the county jail as a condition of probation, and ordered him to repay a total of $169,311.87 to six victims — customers who paid for homes that were never completed and subcontractors who performed work but were not paid for it.

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Federal Judge Send New Jersey Officals to Prison
Tuesday, 23 October 2007

Three former Monmouth County officials sentenced to prison
A federal judge sentenced three former public officials from Monmouth County to prison on corruption charges today, saying the FBI sting that brought them and dozens of others down showed "the arrogance of power permeated through" the region's political community. The three hearings before U.S. District Judge William Martini were the first in a wave to come this week stemming from Operation Bid Rig, a two-year FBI probe in Monmouth County that resulted in charges against 48 people, about half of them public officials. Many of the officials, including those sentenced today, took cash from an FBI informant posing as a crooked contractor.

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New Jersey Federal Corruption Charges
Monday, 22 October 2007

Hackett pleads not guilty to federal corruption charges
Orange Mayor Mims Hackett this morning pleaded not guilty to corruption charges, becoming the first of 11 public officials snared in an FBI sting last month to do so. Hackett's arraignment before U.S. District Judge Jose Linares in Newark came just a few days after former Assemblyman Alfred Steele became the first of the group to plead guilty. Hackett and Steele served in the Assembly together, but both stepped down after their arrests.

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Federal Housing Program and Crooks in New Jersey
Monday, 15 October 2007

Probe disrupts housing repairs
Fuqua family members thought they were getting a sweet deal when they received federal grants to rehabilitate their New Brunswick home. To them, it meant a new kitchen, a working bathroom, stairs that didn't threaten to crumble below their feet and a roof that wouldn't leak every time it rained. But a year after receiving $23,000 in grants, their Seaman Street home is still in disrepair.  "It was a great program the government had for poor people to beautify their homes," said 45-year-old Alfonso Fuqua. "Now look what has happened because of crooks." 

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Developer bribes legislators
Sunday, 09 September 2007

Hackett quits Legislature in wake of corruption charges
One day after being arrested in a federal corruption sting and hours after the state's top Democratic leaders called for him to step down, State Assemblyman Mims Hackett Jr. said he will give up his legislative post immediately...Hackett and Steele were arrested Thursday along with nine other officials at various levels of government on charges of taking bribes for public contracts. Corzine said they should all resign from all public offices.

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Exposing New Jersey Builder Corruption Continues
Monday, 27 August 2007

Former Ocean Twp. mayor gets nearly 5 years in jail
Saying too many New Jersey politicians seem to be "hellbent on corruption," a federal judge today took the unusual step of rejecting federal prosecutors' pleas for leniency and sentenced the former mayor of Ocean Township to nearly five years in prison. Terrance Weldon, 59, managed to stay out of prison since pleading guilty to corruption charges nearly five years ago by cooperating with federal prosecutors against his accountant, a local official, a developer and an engineer.

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New Jersey Building Official Corruption Continues
Thursday, 09 August 2007

Linden official arrested on bribery charges
A Linden city building inspector was arrested today on charges he accepted $10,500 in bribes from a building contractor in exchange for favorable inspections and fast-tracked permits, authorities said. Matthew Valvano, 49, of Linden, took the cash in his city hall office and at the contractor's construction site during four meetings secretly recorded by the FBI, according to a criminal complaint unsealed in federal district court in Newark. "You wash my hands, I"ll wash yours," Valvano told the contractor during one encounter, according to authorities.

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New Jersey: A VERY EMPTY FEELING
Thursday, 22 March 2007
Kara Homes bankruptcy leaves buyers out in the cold
This is what happened after one of New Jersey's largest homebuilders filed for Chapter 11 bankruptcy protection last October as the housing boom went slack. The court proceeding halted the development of two dozen Kara communities across the state, leaving homeowners living on half-built streets. It also has stranded some 300 buyers, including the Files, who made down payments on homes but have yet to move in. Everyone involved has a tale. But those at Birch Hill may be in the toughest jam. Of the 228 units originally planned, only 80 have been completed. Buyers of another 45 units have made down payments but have yet to close. Various liens on the development exceed its appraised value by $12 million, an amount lawyers and others involved with the proceedings said was the biggest gap of any Kara community.
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New Jersey takes action
Thursday, 18 January 2007

Keansburg home-improvement contractor sued by the state
A Keansburg-based home-improvement contractor has been sued by New Jersey for allegedly operating without being registered and failing to complete projects after being paid by home owners, state authorities said today. The Shademaster, which does also does business as Renovation Experts, and its owner, Carmine Annunziata, were sued in Superior Court in Monmouth County. The lawsuit says the company violated the state's Consumer Fraud Act.

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Oh well...FBI Investigation doesn't stop builders
Sunday, 03 December 2006

Marlboro builders get court go-ahead
FREEHOLD — A state Superior Court judge Thursday ordered Marlboro Mayor Robert Kleinberg to sign paperwork needed to start construction on a senior citizen housing project by developers Steve and Bernard Meiterman, despite continued arguments from Marlboro officials that the brothers will soon be indicted for corrupt practices. The Meitermans' office in Freehold was raided by FBI and IRS agents in March. Bayer said that in the last month alone, the FBI has requested specific documents relating to Meiterman developments "no less than seven times," and that FBI agents were in Town Hall Thursday going through records pertaining to the Meitermans.

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Their dream home a living nightmare
Tuesday, 21 November 2006

Builder's bankruptcy leaves new residents in lurch
David Jarashow will be the first to tell you, half in good humor and half out of frustration, that he is cursed. Two years ago, he lived in Marlboro Summit, a 70-unit development on Tennent Road where entire backyards would become lagoons whenever it rained. In June, hoping to escape that scenario, and with dreams of living in a bigger house with a bigger — and dry — yard, he moved into his new $1 million home in Crine West.

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Reckless Endangerment
BY: GRETCHEN MORGENSON
and JOSHUA ROSNER

Outsized Ambition, Greed and
Corruption Led to
Economic Armageddon


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