Sunday, August 20, 2006

Mortgage Fraud and other crimes

In a 1992 article, Robert Palano was named as the "worst slumlord" in Buffalo and his various drug and tax arrests noted, in addition to the deplorable state of the 90+ properties he owned or controlled in Buffalo. 14 years later, he's still at it, as news just filtered down to me that he recently pleaded to two felonies as part of an investigation by the AG's office into mortgage peculiarities.

Of course, had this occured in Jamestown he'd be lauded as a visionary businessmen and his tenants blamed for the problem.


Anonymous Anonymous said...

Isn't it a shame when the rich steal from the poor to make themselves richer? He's certainly no Robin Hood, more of a plain old hood !

5:49 PM  

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