2012-01-13 / Top Stories

Eye Meeks ‘Shady House Sale’

By Howard Schwach

A Virginia watchdog group is asking federal prosecutors to look into a real estate deal involving Congressman Gregory Meeks and his former Far Rockaway home.

According to the National Legal and Policy Center, a respected congressional watchdog, Meeks sold his former home on Grassmere Terrace in Far Rockaway in 2006 to a buyer with dubious qualifications who used an attorney later convicted in a multi-million dollar mortgage fraud scheme.

The group said in its letter to prosecutors that the buyer, Cecil Lloyd, had an income of just $9,895 a year when he bought the house for $402,800 in 2006. According to public records, the report says, the home at 660 Grassmere Terrace was financed at 100 percent of the purchase price.

Ten months later, in July of 2007, Alexander Kaplan, the buyer’s attorney, was arrested for the mortgage fraud scheme. He was later convicted of 18 counts of mortgage fraud and sentenced to 46 months in federal prison.

The Virginia group also alleges in its report that the sale price of the home was inflated.

Meeks told The New York Post that he was unaware of a complaint about the sale.

“My house was sold by a licensed, qualified real estate agent. I did not know the buyer’s attorney then or now,” he said.

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