GUS FRANGOS - President and General Counsel for Cuyahoga County Land Reutilization Corp IS UP TO NO GOOD

Submitted by Gone Fishin on Thu, 09/15/2011 - 22:45.

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Gus Frangos, President of the Cuyahoga County Land Bank, has some very suspicious property transactions in Cuyahoga County.

According to public documents, it appears that Gus Frangos purchases property,  transfers the property from his name to various self-created LLC's, and then does not pay property taxes. 

A Shell Game involving lots of LLC's and delinquent property taxes. 

Gus is fortunate enough to be able to own a 12 room house with five bedrooms and four bathrooms in Hudson, Ohio.    The property is appraised at $ 503,180 and it's tax value is $ 176,120

An example of one of the numerous  LLC creations:   

the property located at 8062 RAVENNA ROAD , HUDSON,OH 44236 was purchased by Gus and Christianna Frangos on November 29, 2004. 

And on November 4, 2005, Gus Frangos created this LLC

8062-2 RAVENNA, LLC

Domestic Liability

Agent:  GUS FRANGOS, ESQ.
8062 RAVENNA ROAD
HUDSON,OH 44236
Effective Date: 11/04/2005
Contact Status: Active

 

The suspicious creation of numerous LLC's and lack of paying property tax is evident with the property below: 

105-16-002 , parcel #

907 E 70 ST , address

12-11-01 property transferred to Gus Frangos and Lamar Young

12-11-01 (same day) property transferred to  Gus Frangos 

30-MAY-02 Gus Frangos transferred the property to Quinn Court Propeties, LLC   

 

And on March 4, 2002, the Incorporator/ Statutory Agent for  QUINN COURT PROPERTIES, LLC was Gus Frangos  

Statutory Agent DOMESTIC LIMITED LIABILITY COMPANY

Delinquent Property taxes owed:   $4,299.82  

 Property taxes not paid since 2009.

  ******************************************************************************************************

ANOTHER EXAMPLE OF THE LLC CREATION AND LACK OF PAYING PROPERTY TAXES:  

913-917 E 17 ST,  address

105-16-088, parcel #

12/11/01 transfered to Gus Frangos

5/30/02 transferred to Quinn Court Properties, LLC.    The same LLC in which Gus Frangos is the Statutory Agent.

Delinquent PropetyTaxes owed $5,547.56     Property taxes not paid since 2009

*************************************************************************************************************

 And more:

 

105-10-014, parcel #

 6311 St. Clair, address

Gus Frangos purchased this property on 12/31/98

And on a/9/03, Gus Frangos transferred this property to 6311 St. Clair LLC

 6311 St. Clair, LLC:  The address to which interested parties may direct requests for copies of any operating agreement and any by-laws of the LLC is 8062 Ravenna Road, Hudson, Ohio, Summit County.

Signed, Gus Frangos        Initial Member/Agent

Appointment for Statutory Agent

11/8/2002

Delinquent property taxes owed $2,194.80   Property taxes not paid in years

 ************************************************************************

And More:

1325 Carnegie Avenue, address

101-38-045 and 103-38-046, parcel #'s

Owner Engine House No. 3 1325, LLC

Louis Frangos/ Agent for Engine House No. 3 1325, LLC

Gus Frangos/ Incorporator for Engine House No. 3 1325, LLC

Delinquent Property Taxes:  $19,352.22     and     $3,769.03

************************************************************************ 

 Another Example:

104-13-076, parcel #

1188 E 61 ST,  address  

3-4-99 transferred to Gus Frangos

1-9-03      Gus Frangos transferred to 1188 East 61st Apartments, LLC

 

**************************************************************************  

 

And More:

5902 PROSSER AVE, address

104-14-090, parcel #

11-MAY-90 tranfered to Gus and Cristianna Frangos

08-MAY-91  transferrred to Christpher Pasiadias

11/20/92  transferred to Christianna Frangos

1/22/93 re-filed deed to Christianna Frangos

1/29/93  transferred to Gus and Christianna Frangos

6/21/93  transferred to Christianna Frangos

10/29/99 sold Carmen Ramos   

******************************************************   

 

Although though I could not find a name connection to this address, the address that the listed owner uses is the same as the Frangos address

 

1060 Bolivar, LLC

101-38-013,  parcel #

1060 Bolivar , address

Tax mailing address same as Frangos, 1325 Carnegie Avenue.

Delinquent property taxes $62,328.72

 

********************************************************

 

 

 AND:

 

Gus Frangos is/was listed as an Agent/Registrant for 43 business entities.

Gus Frangos is/was listed as an Incorporator for 122 business entities.

A large number of the business entities are for real estate companies, contractors, developers and parking lots.

 

******************************************************************************************

 

Louis Frangos is/was listed as an Agent/Registrant for 24 business entities.

Louis Frangos is/was listed as an Incorporator for 16 business entities.

A large number of the business entities are for parking lots, along with some for real estate companies, contractors and developers.

 

*********************************************************************************************

 

 

U.S.A. Parking Systems , Inc. is mentioned in one transaction and the name U.S.A. Parking Systems, Inc., and their fax number is clearly visible on the top of one of these transactions that was faxed and recorded with the county recorder.

http://thefrangosgroup.com/  

 

 Two of the properties  purchased by Gus Frangos were previously owned by Algimantas Dailide.  I remember Al. He owned lots of property in Cuyahoga County and was a frequent flier in housing court filing evictions.  I often wondered how Al was able to purchase so many properties and own his own real estate company.  Dailide filed a civil lawsuit against Gus Frangos and the case was settled. (CV 08 661718)

It appears that GUS FRANGOS, the President and General Counsel for the County Land Bank, is purchasing property, transferring numerous properties into LLC names in which Gus Frangos is named the Statutory Agent and/or Incorporator, and the property IS NOT COLLECTING ANY TAXES.  

How can the same county officials that were responsible for stealing Freddie's house - owned for 46 years- and stolen for $2,000 in delinquent property taxes  not be held to the same standard?  

 

How can Gus Frangos be the President and General Counsel for the County Land Bank - which targets delinquent tax payers- when the numerous LLC's are delinquent with paying their own property taxes?  

 

 How can Gus Frangos be in charge of the county landbank and their hundreds of properties when he can not properly take care of business with his own properties?

   

  How and why should Gus Frangos be in charge of anything?   Because Rokakis said so?  

  If Ed Fitzgerald wants to crack down on those that owe delinquent property taxes, I suggest that he start collecting from Gus Frangos and the numerous LLC's that apear to be above paying their own property taxes.

  

 ALSO, Gus Frangos was named defendant/debtor for numerous civil lawsuits, including two civil cases in which Plaintiffs Cuyahoga County and Cuyahoga County Department of Development were successful in obtaining judgments in the amounts of   $558,080 and $ 1,063,716.67 in July and March 2011, case numbers JL 11 459937 and JL 11 445421.

There are also three pending civil lawsuits in which Gus Frangos is named as a defendant.  The plaintiff is CB 2010, LLC., Case nos. CV 11 757138 ;  CV 11 757139 ;  CV 11 757140

  

WAKE UP CUYAHOGA COUNTY OFFICIALS AND KILL THE LAND BANK! 

 

* My blogs expressing my Freedom of Speech Rights, especially on matters of public concern, are my opinion and not the opinion of my friends, family or employer*

 

http://www.lilymiller.us/

 

( categories: )

Gus Frangos

Gus Frangos, President and General Counsel County Land Bank

 

In the Fall of 2004, Mr. Frangos was retained by the Cuyahoga County Treasurer to propose and craft policy changes for the administration and disposition of vacant and abandoned tax delinquent properties. Through the direction and under the auspices of Cuyahoga County Treasurer James Rokakis, this effort resulted in the drafting and ultimate passage of House Bills 293, 294 and the recently passed S.B. 353 all of which are designed to expedite the foreclosure and reclamation of tax delinquent, vacant and abandoned properties in Ohio.

 

Cuyahoga County Council questions land bank funding

Land bank President Gus Frangos, though, pushed for the change on Monday.           "You can still authorize what it is that's being asked here," Frangos said.

  link

 

And an excellent comment before it disappears:

 

With the need to address the abandoned properties in the county it is unfortunate that this process was and is completely politicized. Except for the opinions of a couple of county board members the disagreements and debate are within the Democrat party, of course, and it's all about control.

The Land Bank Project is left over from the old county government which was build on patronage and cronyism. In the final months of that former "government" those involved in creating the Land Bank worked overtime to secure a process and make sure it remained with the old guard. Loyal soldiers were rewarded and placed in leadership roles.

 

Gus Frangos, who worked for Jim Rokakis, is a former Cleveland City Councilperson as was Rokakis. Enough said, right? Frangos and his family are part of the old machine.

Fitzgerald and the county council should go back to the drawing board and start at the beginning and form and entirely new entity. Fitzgerald should appoint his most competent council member, Dave Greenspan, to head an exploratory committee to set up a un-politicized government council to manage the land bank. Five members from the ranks of business and professional people should be chosen. The backgrounds of these five members should not be politically connected, but instead, should have backgrounds in real estate, development, business start-ups and management in the free market.

Frangos and the remains of the old guard must go. We need to address the problem of abandoned properties and redevelopment. We do not need another power struggle within the county's Democrat machine.

Or, better yet, hire a management company to run the agency. It would be cheaper, more efficient, profit driven; it's success would be measurable and best of all--they could be fired if they perform badly.

tranche September 22, 2011 at 6:23AM

LIST THE LANDBANK PROPERTIES WITH A REALTOR...

and make them open to the public for purchase and rehab.....revitalize the real estate investors community of Greater Cleveland and stop abusing the public at large with this mass land grab and abusive practices with not for profit funding allocations that only pay for old guard politicians....

put these properties back on the shopping block for public participation at large!!!!

 

 

Always Appreciative, "ANGELnWard14"

Land Banking

4411522 July 28, 2011 at 7:25PM

 

In 2007, South Euclid city officials, led by Mayor Welo, bought a commercial section of South Euclid called Cedar Center; they threatened to use eminent domain to put the deal through.

South Euclid has had financial problems with it ever since. They have not paid down the bonds; they just keep rolling them over and now owe about $19 million.

In 2009, the Cedar Center was put in the Land Bank, meaning that the Cleveland Heights-University Heights School District lost $330,000 that year in revenue.

 

This seems pretty unusual to me. Is it possible that the land banking of this large commercial site could have been the result of Mayor Welo getting preferential treatment from the Land Bank, as a member of its board?

The circumstances with landbanking this commercial property (that was thriving before purchased by South Euclid and torn down) are sufficient for Mayor Welo to step down from the Land Bank Board.

I certainly hope she recused herself when that decision was made, and that the other board members made sure she did so.

The time of making up your own rules is over. We're sick of this disrespect for the rule of law.

I say to Ed--keep up the good work.

 by 4411522 :

I hope Georgine Welo recused herself when the decision was made to land bank Cedar Center. Cedar Center is her administration's boondoogle. For only $19 million they forced owners to sell their land and businesses, and ripped down one of South Euclid's economic engines, transforming it into a pile of dirt.

Then to avoid having South Euclid pay their taxes on the property, they put it into a land bank.

Conflict of interest? Abuse of power? Absolutely, until we are shown otherwise. Please show the records where she recused herself from this decision.

link

Mortgage Fraud Welo and Kleem Land Bank members

  Just unbelievable how this continues in broad daylight:

http://blog.cleveland.com/metro/2011/09/32_people_indicted_in_cuyahoga.html

Did York Management properties get dumped to County Land Bank??

I found only one on East 49th 123-29-023 where taxes 14,869.17 were not paid for years.  It looks like a two-family home was also demolished on the site.  Wow...and 2.5% primary residence reduction applied on taxes, of course.

See also how National City Bank appraiser extended line of credit to Kleem.  Why is the appraiser not named here?  Still in business at PNC?

More coverage here:
http://www.woio.com/story/15528601/mortgage-fraud-task-force-investigation-leads-to-indictment

http://www.prosecutormason.com/mnc.aspx?type=News&mcid=746

 

With funding from the Ohio Attorney General's Office and the Ohio Organized Crime Investigations Commission, the Task Force was formed in December 2007. The Task Force is comprised of federal, state, and local law enforcement agencies. The director of the Task Force is a Sergeant of the Cuyahoga County Sheriff's Office.

 

The investigation was led by the Cuyahoga County Prosecutor's Office, Ohio Attorney General's Office, Cuyahoga County Sheriff's Office, Beachwood Police Department, Bureau of Criminal Identification and Investigation (BCI), and the Ohio Organized Crime Investigations Commission (OOCIC).  

 

Contact: Maria (Pinzone) Russo, Public Information Officer, (216) 698-2819, cell (216) 299-9326 or mrusso [at] cuyahogacounty [dot] us

Research on Land Bank President Frangos

  Thank you Lily for this information that should not be ignored by mainstream media and especially not be ignored by our elected County Executive Ed FitzGerald and elected Cuyahoga County Council.

Related to this story: property owners carrying large property tax liens and using bankruptcy to avoid paying (and losing their properties--see Aberdeen Investments) and slum landlords collecting HUD Section 8 monies for years under our former treasurer and all the while never paying taxes (see Lucky Ogor/Ikan)....bankrupting cities and killing vital services like schools and libraries, especially in East Cleveland.  

I spoke by phone on my day off with two county employees who confirmed for me that large property owners and landlords collecting HUD monies for Section 8 housing routinely got a way with not paying their property taxes, by filing bankruptcy and/or by creating LLCs to flip/camouflage their behavior.  HUD still lets these slimeballs collect HUD money (See Lucky Ogor).

For larger property "managers" this ruse was well-known, not unlike the 2.5 % primary residence reduction that was fraudulently claimed by so many multiple property owners. 

Also related to this story: Tremont West Development Corporation, Ohio City Near West, Detroit Shoreway, Stockyards, Clark-Fulton, Brooklyn Centre, Slavic Village and Old Brooklyn CDCs get to divy up the $689,000 in TIFF funding from Steelyard Commons.  Split six ways $114,833.00 each and residents have no say in how the money gets handed off to "developers" who have flipped or installed strawbuyers (including young CDC employees who purchased homes from the land bank...what a deal!) for years on the east and west side of Cleveland and stand to get the pay off now.

Section 6. That under Section
5709.43 of the Revised Code there is
hereby established a Steelyard Commons
Urban Redevelopment Tax
Increment Equivalent Fund (“Steelyard
Commons TIF Fund”), 70% of
which shall be used for acquisition
of land and to make improvements
to the Tow Path Trail and Canal
Basin Park. Of this 70%, if there are
remaining funds, they shall be used
for additional connector trails.
The remaining 30% shall be used
for retail assistance programs and
other commercial and industrial initiatives,
including land acquisition,
within the City. This 30% will be
used primarily for projects that offset
the impacts of Steelyard Commons
on adjacent neighborhood commercial
districts, and use of these
funds will be guided by the retail
impact study currently underway.
These funds will be disbursed quarterly
as grants, on a competitive
basis, under criteria established by
this Council and the Cleveland Citywide
Development Corporation
(CCDC). The CCDC will evaluate
applications and make recommendations
to this Council. Projects in the
following categories will be eligible:
Neighborhood Retail: specifically
those elements not funded by the
existing Storefront Program (such
as parking lots);
Neighborhood Small and Start-up
Businesses: to assist with small
business expansion, refine business
plans, assist entrepreneurs to “get
out of the garage and into a storefront,”
etc.;
Neighborhood Arts Projects: projects
that enhance a neighborhood
commercial/retail district;
Neighborhood Streetscape: in
neighborhood commercial/residential
districts;
Neighborhood Industrial Sites:
planning, environmental site assessments,
etc., of underused and/or
abandoned neighborhood industrial
sites; and
Land Acquisition: to support commercial
development adjacent to the
Tow Path Trail.
(see pg. 14 in link to City Record: http://www.dln.com/cr/index2006/January182006.pdf)

It will be interesting to see what happens to Erich Hooper now...
http://realneo.us/content/hoopers-farm

Also worth remembering:

Entities tied to Frangos paid more than $9 million for the properties near the casino site. Yet his many companies are plagued with financial troubles, including more than $450,000 in overdue property taxes in Cuyahoga County and defaults on two county loans, totaling more than $1.5 million.

Kill the Land Bank....now.

 

 

 


Gus Frangos and the numerous LLC's that owe property tax

I find it strange that most of the property that was once in Gus Frango's name happens to be transferred into LLC's.

And the LLC's are NOT pay their property taxes.

Gus Frangos was named as a defendant/debtor in two lawsuits involving  Cuyahoga County and the judgment was over $1.5 MILLION dollars owed to Cuyahoga County.

And $450,000 owed in delinquent property taxes by the Frangos' is unacceptable.

The President of the County Land Bank, a person responsible for ownership of hundreds of properties, can not take care of business with his own real estate and should not be in a position to be responsible for hundreds of properties owned by Cuyahoga County taxpayers.

Numerous properties were taken by the county land bank via tax delinquent foreclosures .  And the person in charge of taking delinquent property tax property is behind numerous LLC's that are also delinquent with paying their own property taxes.  

Taxpayers do not want to foot the bill for the numerous LLC's , the Frangos family, Plymouth Park Tax Services, et al, to play Monopoly in Cuyahoga County.

Remember the schools need the property tax money.  It's all about the schools and the children- not really.  It's all about a  game of Monopoly and their version of the Monopoly game comes with  " Get out of Paying Property Tax"  and "Transfer all of your property to an LLC" cards.  Cuyahoga County's version of Monopoly.

Gus Frangos, a person in charge of Cuyahoga County's real estate, should be held to a much higher standard and never show even a slight hint of impropriety in the real estate market.

Gus Frangos and Jim Rokakis worked together with Plymouth Park Tax Services who recently admitted rigging the tax lien process and agreed to a $211 Million settlement.

Gus has thrown up enough red flags that I would almost feel sorry for him if he were near a bullfight.

Jim Rokakis approves extension on tax liens for Frangos family

It is too bad that the thousands of other tax lien victims never received a foreclosure "extension" like the Frangos family received- courtesy of Jim Rokakis.

The Frangos family was given a foreclosure extension on their tax lien cash in  from three years to six years- with the approval of Jim Rokakis.  I am still researching the favorable extension that was given to the Frangos family and should have the information ready in another week or so.  I have already gone through several thousand tax liens and have not discovered the 'extension' being afforded to others.  I have several thousand more tax liens to research prior to claiming this as a fact.  It is also odd that this 'extension' only applies to Cuyahoga County and does NOT apply to other counties in Ohio.

Info on tax lien extensions:

The extension of the three-year limit to six years also applies to certificates that have been purchased before the bill's effective date, as long as the county treasurer permits the extension. To have the lien extended for such outstanding certificates, the certificate holder must request that the county treasurer extend the lien by issuing a new certificate. If the county treasurer consents to the extension, the certificate holder must pay a premium for the new certificate in an amount to be negotiated between the treasurer and the certificate holder.

 

The bill does not change the three-year time limit with respect to tax certificates sold through public auction (i.e., those sold in a county with a population of 200,000 or more, other than Cuyahoga County).

 

Between one and three years after a certificate is purchased, the certificate holder may request the county treasurer to initiate foreclosure proceedings (if the certificate was sold at auction) or file notice of a private foreclosure action (through a private attorney representing the certificate holder), as long as the property owner has not yet redeemed the property by paying the delinquent taxes and associated charges. If the certificate holder does not initiate foreclosure proceedings within three years after purchasing the certificate, the certificate holder's lien is canceled, and the right to collect delinquent taxes and receive interest on the certificate expires; the certificate therefore loses all of its value. The foreclosure proceeding ultimately results in the sale of the property to satisfy the certificates and court costs, or the transfer of ownership of the property to the certificate holder.

Currently, the three-year time limit for redeeming tax certificates may be extended only if the certificate holder and the property owner agree to a "redemption payment plan," under which the owner agrees to pay the delinquency (plus fees, costs, and all other amounts due as represented by the certificate) directly to the certificate holder.

http://lsc.state.oh.us/coderev/anh123.nsf/All%20House%20Bills%20and%20Resolutions/B2DC375B9BC78177852568DA0046DA11

Land Bank

The land bank was created to keep property out of the hands of irresponsible, out-of-state investors - who often hide behind LLC's.

I would rather take my chances that out-of-state investors have more responsibility than the investors we have right here in our own backyards.

Our irresponsible investors are in charge of the real estate market in Cuyahoga County via the County Land Bank, and they get to pick and choose who gets property from the county land bank- at taxpayer's expense.

 Report this to Cuyahoga

 Report this to Cuyahoga County Inspector General Naihla Byrd at 216-698-2101--Kathy Wray Coleman

Gus Frangos

Thanks Kathy--I just sent an email to Ms. Byrd and, given the history we live with in NEO, I am sure she won't mind my skepticism of her role/position until proven :)

~~~~~~~~~~~~~~~~~~~~~~~~~

Thanks Kathy--I will do so. But, already, I am depressed by the rat maze and cronyism...since FitzGerald appointed Barbara Byrd-Bennett's daughter to the position created at $132,000 salary and the first action...the long-overdue firing of Mark Lime (Husband of Parma Council rep Debbie Lime)....doesn't look like Nailah Byrd had anything to do with it. 

BTW, here are the contacts as of 9/18/2011 for Ed FitzGerald's team.  Why he runs a website site separate from the main Cuyahoga County administration website...is suspect and depressing to me.

Staff Directory

Ed FitzGerald, County Executive
County Administration Building
1219 Ontario Street, 4th Floor
Cleveland, Ohio 44113
contacted [at] cuyahogacounty [dot] us
216.443.7178

Name/Title Phone Number Email
Benders, Larry E., Director Economic Development  216.443.7277  lbenders [at] cuyahogacounty [dot] us
Bibb, Justin, Special Assistant  216.698.2092  jbibb [at] cuyahogacounty [dot] us
Boyle, James, Special Assistant  216.698.2089  jboyle [at] cuyahogacounty [dot] us
Byrd, Nailah, Inspector General  216.698.2101  nbyrd [at] cuyahogacounty [dot] us
Carroll, Matt, Chief  of Staff  216.698.7704  mpcarroll [at] cuyahogacounty [dot] us
Cole, Sharon, Deputy Chief of Staff Operations  216.698.6880  scole [at] cuyahogacounty [dot] us
Colon, Norberto, Deputy Chief  of Staff Justice  216.698.2701  ncolon [at] cuyahogacounty [dot] us
Gauntner, Joseph, Deputy Chief of Staff Health and Human Services  216.698.2064  jgauntner [at] cuyahogacounty [dot] us
Hairston, Tanya, Administrative Assistant to Ed FitzGerald  216.698.2100  thairston [at] cuyahogacounty [dot] us
Hara, Elise, Director Human Resources  216.443.7116  ehara [at] cuyahogacounty [dot] us
Ivory, Bob, Special Assistant  216.443.7354  bivory [at] cuyahogacounty [dot] us
Jerse, Edward, Director Regional Collaboration  216.698.2061  ejerse [at] cuyahogacounty [dot] us
Jones, Nicole Dailey, Director Communications  216.263.4602  ndjones [at] cuyahogacounty [dot] us%20
Kelly, Nathan, Deputy Chief of Staff Economic Development  216.263.4605  nkelly [at] cuyahogacounty [dot] us
Kohlstrand, John, Press Secretary  216.698.2099  jkohlstrand [at] cuyahogacounty [dot] us
Makhlouf, Majeed, Director of Law  216.698.6549  mmakhlouf [at] cuyahogacounty [dot] us
Merriman, David, Special Assistant  216.263.4606  dmerriman [at] cuyahogacounty [dot] us
Mowry, Jeff, Chief Information Officer  216.443.8011  jmowry [at] cuyahogacounty [dot] us
Parks, Mark, (Interim) Fiscal Officer  216.443.8173  mparks [at] cuyahogacounty [dot] us
Scofield, Jennifer, Deputy Fiscal Officer  216.698.3022  jscofield [at] cuyahogacounty [dot] us
Teeuwen, Bonnie, Director Public Works  216.698.2058  bteeuwen [at] cuyahogacounty [dot] us
Werner, Rick, Director Health and Human Services    216.443.7032  rwerner [at] cuyahogacounty [dot] us

Sadly comments to PD articles have more content than actual articles:

reignofterror May 26, 2011 at 11:00PM

 

I hope Fitzgerald explained to the residents how he justifies paying his staff the outrageous salaries he has given them.
Thomas Gilson $225,000
Jeffrey Mowry $178,000
Edward Fitzgerald $175,000
Lawrence Benders $160,000
Matthew Carroll $140,000
Nailah Byrd $132,000
Joe Gauntner $132,000
Majeed Makhlouf $130,000
Elise Hara $125,000
Bonita Teeuwen $120,000
Dorothy Baunach $120,000
Edward Jerse $107,000
Joe Nanni $105,000
Nora Hurley $100,000
Ed Morales $100,000
Jeanne Schmotzer $98,000
Noberto Colon $98,000
Nathan Kelly $98,000
Jennifer Scofield $97,000
Sharon Cole $92,000
Joanne Gross $87,401
Nicole Dailey-Jones $85,000
John Kohlstrand $83,000
James Boyle $79,000
Justin Bibbs $75,000
Robert Ivory $70,000
David Merriman $67,000
Nikima Barnhill $62,940
Tonya Hairston $50,000
It pays well to be a friend of Ed!

Real Estate Investors in Cleveland, Ohio

For many years, a lot of local real estate investors have worked to build small businesses in Cleveland buying , rehabbing, and renting or retailing the properties in our community. Like all businesses; you had the good, the bad and then the ugly.... I feel fortunate to have worked with some of the most ethical and respectable property managers around our town. Yet, I have also met fly by night jerks who got in over their heads really quick during the boom and tried everything to slide through this nightmare in Cleveland. Along the line; I can say one thing for sure....if you were not a pay to play participant....you were getting the shaft along the line. REI's (real estate investors) come in many forms....landlords, rehabbers, lenders, wholesalers, retailers etc.

 

I recall many years ago calling the City of Cleveland and asking for a list of Land Bank properties that were for sale. The list was "UNAVAILABLE".... I asked why our city would not simply sign a contract with a real estate agent to LIST those various properties? I mean; if you own marketable real estate that needs to be redeveloped; wouldn't it  be wise to market it to the world of real estate investors in an OPEN FORMAT so that everyone has an opportunity to participate? (No, of course not...this is Cleveland.... and it's a list for "SPECIAL PLAYERS!" )))))))): 

 

Bottom line....pay to play, pay to play....pay to play.....Land Bank included....and by the time the FBI stops pussyfooting around MR. Clean (Rokakis)....and figures out that they've been duped....it'll all be moot again.

 

 

Always Appreciative, "ANGELnWard14"

Gus Frangos - more red flags

Gus Frangos is/was listed as an Agent/Registrant for 43 business entities.

Gus Frangos is/was listed as an Incorporator for 122 business entities.

A large number of the business entities are for real estate companies, contractors, developers and parking lots.

Jim Rokakis landbanking

Jim Rokakis is named as an Incorporator for ten business entities, including the following:

 

1.   Jim Rokakis Incorporator / Gus Frangos Agent for South Hills Management Group, LLC

2.  3010 West 14th, LLC

3.  Achill Management Group, LLC.

4.  Helena Management Group, LLC

5.  Icarus Development Group, LLC

6.  Pearl Road Properties, LLC

7.  Puritas Road Properties, LLC

**************************************************************************************

A very credible person told me that Rokakis and Frangos had an interest in the Pelton Place apartments located at 2363 West 14th Street, almost directly across the street from Frank Giglio's property.

However, my research can not connect Rokakis or Frangos to this property.  The property is in the ownership of an LLC.

The property was purchased in May 2006 and the listed owner was G.E.R. Kingsway Manor, LLC.  No property tax was paid for several years and the delliquent tax bill for 2010-11 was $163,509.70.   This owner was apparently connected to some person.  The county filed a delinquent tax foreclosure on Frank Giglio's property - located across the street- for delinquent taxes in the amount of $184.50.

On June 28, 2011, this property sold for $500,000 to the another LLC, SP Tremont, LLC.    Cuyahoga County was finally paid the delinquent taxes of $163,509.70.

No Conflict of Interest- unethical SEC insider violations here?

Insider trading.....

Doowop.

Always Appreciative, "ANGELnWard14"

Jim Rokakis / Gus Frangos LLC's - send in the National Guard

Call in the National Guard to protect Cuyahoga County victims.  It will take the FBI decades to unravel this maze:

 

After reviewing the LLC's again, I noticed that Rokakis and Frangos are both connected to three LLC's and not just one.

The  LLC's have Jim Rokakis listed as the Incorporator and Gus Frangos as agent.

1.    Icarus Development Group, LLC.    Jim Rokakis and Nicholas Zarnas are the Incorporators and Gus Frangos is the Agent.

2.    Achille Management Group, LLC.    Jim Rokakis and Nicholas Zarnas are the Incorporators and Gus Frangos is the Agent.

3.   South Hills Management Group, LLC.   Jim Rokakis and Chris Wygonski are the Incorporators and Gus Frangos is the Agent.

 

This information is relative to the Icarus Development Group, LLC:

Icarus Development Group LLC
4950 Oneil Blvd
44055-2901 - Lorain (Lorain)

Tel. 4402337621

Sales: Unavailable
Number of employers: Unavailable
Principal: Nick Zarnus 

Carol Burton Management LLC Company Profile - Located in Lorain ...

www.corporationwiki.com › OhioLorainCached- Block all www.corporationwiki.com results
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Mar 10, 2011 – Carol Burton Management LLC has a location in Lorain, OH. Active officers include Robert Resman. ... A.K.A.: Icarus Development Group; ...

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This appears to be the Achille Management Group, LLC., located in Ohio.   And if this is the same company in which Gus Frangos was named the Agent an Rokakis as the Incorporator, we have some SERIOUS issues on hand:

Achilles provides a full range of property management, construction and maintenance services. We are focused on developing long-term, lasting relationships bringing peace of mind to our customers by being there for them when they need us, every day-all day.

Did you know that we provide 24-hour emergency service? We look forward to hearing from you! Contact us today to find out how we can assist you with your next project

At Achilles we offer our customers peace of mind. Almost all our staff have their roots in residential construction. We have an excellent team of skilled trades people on staff who are able to tackle any residential project start to finish! We work together with our clients to ensure their vision becomes their reality. Working with many years of home building and renovation experience brings a priceless value to any residential project that can not be replaced anywhere. This experience, coupled together with our network of the finest established suppliers, will ensure you receive the best quality from the get-go and will last for many years to come.

We provide complete home services from the ground up — from the landscaping to the roof and everything in between.     

Demolition Services

  • Vast experience in commercial office demolition
  • Specializing in after-hours and short-deadline projects
  • Waste Removal services

http://www.achillesmgt.com/

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Lawsuit involving co-Incorporator for Achille Management and Icarus Development Group NICHOLAS ZARNAS, in part:

1020 Bolivar, LLC, et al. v. Nicholas A. Zarnas

{¶12} According to the record and averments of both appellees and

appellants, "Nicholas Zarnas" as a "Developer" entered into a development agreement with Prospect. According to the Zarnas appellants' pleadings in the Bolivar litigation, in 2006, Zarnas, in his individual capacity, entered into an oral agreement with "Frangos" to repair and renovate the Bolivar property.

{¶23} "I. The trial court erred in granting the Frangos appellees' motion for summary judgment

{¶27} Appellees' notices to commence suit are vague as to the identity of the owner; both being signed by an attorney purporting to be "the authorized representative of the owner." *fn10 Despite this defect, we find that the alleged owners of the subject properties were revealed by the litigation and the appellants commenced suit on the mechanics' liens within 60 days of being served with notice to commence suit.

http://oh.findacase.com/research/wfrmDocViewer.aspx/xq/fac.20110113_0000071.OH.htm/qx

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And more:

NICHOLAS A. ZARNAS, INC.

NICHOLAS A. ZARNAS, INC. is a Commercial Banking company located in Cleveland, Ohio.

http://www.powerprofiles.com/profile/00005143538760/NICHOLAS+A.+ZARNAS,+INC.-CLEVELAND-OH

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Downtown housing projects in works.(Tesco Builders Inc)(Nicholas A. Zarnas & Co)(Frangos Group )

http://www.highbeam.com/doc/1G1-131046419.html

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Commercial broker selling Cleveland Heights 4BD

by Amy Anderson, published May 6, 2009

ShareThis

Nicholas A. Zarnas and Ann E. McDermott have listed for sale their four-bedroom, 2.5-bath home at 12655 Cedar Road in Cleveland Heights for $375,000.

Teri G. Chmielewski is the agent for the listing. The 2,660-square-foot home was built in 1920.

Zarnas is a commercial broker and president of Nicholas A. Zarnas, Inc., in Cleveland.

 

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Frangos Had Tax Problems in Cleveland, Too

business-journal.com/frangos-had-tax-problems-in-cleveland-too-p1...Cached- Block all business-journal.com results
 
 

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Jan 13, 2011 – Meantime, another Frangos company, Bolivar LLC, has filed a civil complaint in Cuyahoga County against Nicholas A. Zarnas, another ...

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Business Profiles: ZARNAS LIPP CONSTRUCTION COMPANY, LTD. (Ohio)

businessprofiles.com/details/ZARNAS_LIPP...LTD/OH-1046095Cached
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ZARNAS LIPP CONSTRUCTION COMPANY, LTD. (Ohio): free business registration ... Name; Nicholas Zarnas. Address; 13655 Cedar Rd, Cleveland Hts Ohio 441060000 ...

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Grand openings - Cleveland Business News - Northeast Ohio and ...

www.crainscleveland.com/article/20101213/FREE/312139963Cached
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Dec 13, 2010 – Co-founders Jon Mavrakis and Nick Petrakis are joined by partner Nicholas A. Zarnas, former chairman of Grubb and Ellis Co. Investment ...

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Commercial Property for Sale - 6030 Carry Ave, Cleveland, OH ...

www.cbhunter.com/Property/OH/44103-1052/.../6030_Carry_AveCached
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MLS ID: 3177124. Beds: -. Baths: -. Sq Feet: 4000. Year Built: 1913. Listing Courtesy of Nicholas Zarnas* of Blackrock Real Estate Brokerage ...

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PDF] 

June 21, 2004 minutes

www.clevelandheights.com/upload/newsletter/minutes_062104.pdf- Block all www.clevelandheights.com results
 
 

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File Format: PDF/Adobe Acrobat - Quick View

Jun 21, 2004 – Nicholas Zarnas, 12655 Cedar Road, accessory use regulations; and BZA Calendar No. 3041(d) Nicholas. Zarnas, 12655 Cedar Road, accessory use ...

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Print - Crain's Cleveland Business

www.crainscleveland.com/article/.../311229958&template=printartCached
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Nov 22, 2010 – BLACKROCK PARTNERS: Jon Mavrakis and Nick Petrakis to co-founders; Nicholas A. Zarnas to officer. SERVICE. TODAY'S BUSINESS ...

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BXMagazine.com - A downtown development roundup

www.bxmagazine.com/article.asp?ID=291Cached
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To begin in spring 2003 and be finished mid-2004; 1104 Prospect Avenue, 40000-sf , 22-unit apartment developed by Nick Zarnas and Lou Frangos, $3.5 ...

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Out-of-town developers largely made Cleveland's downtown ...

www.alzad.com/.../out-of-town-developers-largely-made-clevelands/...Cached
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Sep 2, 2001 – YOUNGSTOWN -- Nicholas Zarnas and Lou Frangos have an old office building and a gut feeling. Zarnas, a Cleveland real estate developer, ...

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The Cloak Factory Condo in Cleveland: Condo.com™

www.condo.com/Condo-For-Sale_Cleveland_44113_The-Cloak-Fact...Cached
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Listing provided courtesy of. Agent: Nicholas Zarnas*; Brokerage: Blackrock Real Estate Brokerage. Since 1917 Realty participates in NORMLS IDX program,

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Youngstown News, "downtown apartment" | Search

www.vindy.com/search/vertical/news.story/?q...Cached
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YOUNGSTOWN -- Nicholas Zarnas acknowledges that he hasn't sold any of the condos or finished. Share · Discuss; September 2, 2001 midnight ...

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    Commercial Property for Sale - 1964 73rd St, Cleveland, OH 44103 ...

    www.cbhunter.com/Property/OH/44103-4039/.../1964_73rd_StCached
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    $250000. MLS ID: 3177124. Beds: -. Baths: -. Sq Feet: 4000. Year Built: 1913. Listing Courtesy of Nicholas Zarnas* of Blackrock Real Estate Brokerage ...

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  •  
  •  

    [PDF] 

    NEWS RELEASE

    https://www.comapps.ohio.gov/admn/admn_apps/.../Display.aspx?...
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    File Format: PDF/Adobe Acrobat - Quick View

    Dec 24, 2009 – 09-153 Nicholas H. Zarnas. 12655 Cedar Road. Cleveland Heights, OH 44106-3332. 11/30/09 Cease and Desist. Order/Consent Agreement ...

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Feds hot on Falor's trail | In Other News | Crain's Chicago Business

www.chicagobusiness.com › This Week's Crain'sNewsCached
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Mar 30, 2009 – "He's ruined numerous lives here in Cleveland," where many of the investors live, says Nick Zarnas, who estimates he lost $600000 in Falor-led ...

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    Home for Sale - 635 Lakeside Ave 304, Cleveland, OH 44113-1073 ...

    www.cbhunter.com/Property/OH/44113.../635_Lakeside_Ave_304Cached
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    Listing Courtesy of Nicholas Zarnas* of Citiroc Llc. Similar Properties On Market Search For Similar Properties · Property photo for 2823 Jay Ave, ...

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    Nicholas A Zarnas Active Real Estate Listings- Ohio Ohio

    www.neighborcity.com › OhioCached
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    Search Nicholas A Zarnas's active real estate listings and homes for sale in Ohio.

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    And this is not all of the information!

Land Bank property

Click here to view all of the property in the County Land Bank.

It is a shame to see photos of the properties that are scheduled for demolition.  A lot of decent looking houses soon to be crushed.

Does this really make any sense?     Does it make sense to demolish houses at taxpayer's expense when private investors are willing to purchase these houses?

If an out-of-state investor wants to invest their money on all of this property, let them invest their money.  Hell, maybe some out-of-town investors might even relocate to this Ghost Town.  And they might even pay their own property taxes.  Imagine that!

 Excuse me it is Nailah

 Excuse me it is Nailah Byrd

 

2 mentally ill victims of County Corruption made homeless

Two mentally ill men that I was working with and trying to help  were both made HOMELESS over the County's game of Monopoly.  Greedy corrupt thieves stealing from people that are least able to defend themselves and not one public official mumbles one single word.

frank giglio tremont cleveland

HOMELESS COURTESY OF CORRUPT  OFFICIALS  - Frank Giglio

 

 

 

102_crop.jpg

 Above photo of Frank Giglio's bed taken a few days prior to bulldozing.

 

 FRANK GIGLIO'S BED AFTER THE BULLDOZING

  

AND FREDDIE:

 

Below are photos of the property tax foreclosure victim  on eviction day.  The mentally ill victim is looking out his door after realizing that representatives from Plymouth Park Tax Services were knocking on his door- to kick him out of his home owned for nearly 50 years.

Unfortunately, due to the victim's mental health status, he was not fully aware of what was about to happen and did not pack or move any of his belongings prior to the knock on his door.

 022_crop.jpg

  

 

 

The victim leaving his home owned for nearly fifty years- for the last time:

053_crop_crop.jpg

HOMELESS COURTESY OF CORRUPT COUNTY OFFICIALS -Freddie 

 

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