Monday, March 07, 2011

RELAX, LARRY HAS IT ALL UNDER CONTROL!

Go check out Investigation Miami and The Straw Buyer if you want to sleep better at night knowing who is looking out for the finances at City Hall.

Just remember that the City's finances were "squared away" based on the PROJECTED revenue from Red Light Cameras purchased from the Phantom Mayor and the takeover of the Miami Parking Authority. 

So how did that work out for ya?

61 comments:

Anonymous said...

Posted by Anonymous Blogger in TAKE BACK MIAMI
under the piece entitled, "PHANTOM MAYOR IS GATEKEEPER TO CITY HALL," on March 5 at 18:38.

Posting- Do you know that Larry Spring owns a condominium on Brickell and requested for Miami-Dade County not to list it on its Property Records Database. Do you know why? Because a major lobbyist/developer paid Larry for his misdeeds by selling him to condominium below market rate.

Now do you really believe that Larry paid anything for the Condo?

I'll bet you will find out that he owned the Condominium, which was supposedly purchased below market rate (Not! It was given to him by a Developer/Lobbyist) and he is trying to hide not only his ownership in the Condominium, but his filed Financial Disclosure Forms.

NOW READ "THE STRAWBUYER" TODAY!!!

THE NORTH OBSERVER said...

POSTED IN THE STRAWBUYER!!!!

Anonymous for the readers' edification you posted your blog under the piece entitled, "PHANTOM MAYOR IS GATEKEEPER TO CITY HALL" in TAKE BACK MIAMI.

Now let me gather and analyze all the information reported by THE STRAWBUYER. Larry Spring purchased a home in 2004 for $150,000, must have given a down payment of $2,318, and recieved a mortgage for $147,682 from Peninsula Bank.

Around the middle of 2006 Mr. Spring refinances his home for $191,250 with another lender WMC Mortgage Corp. (not the orginal lender- Peninsula Bank), pays Peninsula the outstanding mortgage of $147,682. Then he pockets $41,250, which includes getting back his down payment of $2,318 and the difference of the old and new mortage of $38,932.

Before defaulting on his loan, he first uses the $41,250 as a down payment to purchase his Brickell Condominium and then abandons his 13321 Polk Street allowing for the financial institution, Deutsch Bank National, as Trustee, for Morgan Stanley ABS Capital Inc., Trust who took over the bad mortgage from WMC Mortgage Corp., to foreclose on his Polk Street home.

This is a classic case of Mortgage Fraud-Property Flipping Mortgage Scheme. Criminal intent to defraud can be proven with the facts herein:

1. Mr. Spring intentionally refinanced his Polk Street home for $41,250;
2. Used that money for a down payment to purchase his Brickell Condo;
3. After purchasing the Condo, he purposely failed to pay his Polk Street home mortage;
4. He mortgage flipped on the lending institutions with the intent not pay;
5. Mr. Spring has the financial resources to have paid on multiple lending instruments.

MR. SPRING, I THINK YOU AND VELDORA ARTHUR MUST HAVE COLLABORATED IN THIS SCHEME. IF NOT THE ILLEGAL TRANSFERS, YOU WILL BE ARRESTED FOR MORTGAGE FRAUD!!!

THE NORTH OBSERVER said...

Definitely Mortgage Fraud! Peninsula Bank entered into receivership on June 25, 2010, and the Federal Deposit Insurance Corporation (FDIC) was named Receiver. Peninsula Bank was based out of Englewood, Florida. Obviously, too many fraudulent/bad loans were issued by this financial institution.

Is the timeframe involving these Mortgage transactions between Veldora Arthur and Larry Spring coincidental?

THE NORTH OBSERVER said...

Larry, the reason you delisted your Brickell Condo from Miami-Dade County Property Appraiser Records is to prevent people to ascertain your Mortgage Fraud!

You have been caught you SCUMBAG!!!!

If the City Manager, Mayor and Commissioners don't take action they are culprits to all of your fraudulent schemes.

Anonymous said...

THAT MORON Larry Spring is so corrupt maybe even Tomas Regalado might fire him.

Mortgage fraud Larry. We thought you only lied to credit rating agencies and commissioners?

Anonymous said...

Larry is paying child support and alimony ... He has no fortune ... I hope this mean-spirited press does not cause a suicide a la Art Teele ...

Anonymous said...

Smart people have been stating for years that Larry Spring was too inexperienced to be a CFO. Many people have commented on his lying.

A $250,000+ pay and benefits package. Huge new SUV, new wife. Now Larry is being investigated by the SEC and he is accused of mortgage fraud?

Average resident makes $27,000 per year with no benefits. Larry deserves no sympathy.

Larry should do the right thing and resign.

Anonymous said...

I agree with you 11:26 but for one thing.

Why should Larry resign when he has the best job he will ever have?

It's Tomas Regalado and his "keen knack" for hiring that have the City in this mess. If Crapp doesn't have the balls to fire Spring, then Regalado should tell Crapp to grow a pair.

Anonymous said...

Anonymous @ 10:38. He is paying child support, alimony, and has no fortune. While you are at it, don't forget that he is also Black like Arthur Teele.

WHAT THE FUCK DOES ANY OF THE ABOVE HAVE TO DO WITH THIS GUY BEING A CROOK, A LIER, AND A CHEAT? DO YOU KNOW HOW MANY LIVES AND FAMILIES THIS GUY HAS RUINED?

Excuse my manners here, but you are stupid S.O.B.!


Larry is paying child support and alimony ... He has no fortune ... I hope this mean-spirited press does not cause a suicide a la Art Teele ...

Anonymous said...

MANNY DIAZ
MANNY DIAZ

MARLINS
MARLINS

MANNY DIAZ
MANNY DIAZ
MANNY DIAZ

Anonymous said...

Larry Spring cares about no one except himself. If he is committing crimes Regalado should fire him and he should go to jail.

Think of all the people have been victimized by Larry Springs illegal activities?

Anonymous said...

... while allowing Regalado cronies to be hired in the Agenda office and the Asset Managemt department

Anonymous said...

Tony Crapp should fire Spring but Crapp is too timid to fire a black no matter what crimes they commit. Serial killers with 89 IQ's stay hired if they are black under Tony Jrs rules.

The best interest of the City takes a back seat to skin color.

Anonymous said...

Larry Spring does like a Ponzi Scheme regardless whether it is his personal life or professional life.

Al Crespo said...

Although I'm having computer problems, I've posted some interesting documents for everyone's reading pleasure.

Anonymous said...

Larry "smoke & mirrors" Spring.

Ponzi schemer....

Anonymous said...

Did Larry Spring approve the no-show job for ex-corrupt CIP clerk Meredith Nation?

Anonymous said...

Anonymous @ 17:45. Yes, he is the acting Employee Relations Director.

THE NORTH OBSERVER said...

Al,

The only reason Commissioner Francis Suarez was inquiring about Jim Villacorta's salary was because Commissioner Suarez is the Chairperson of the Midtown CRA and not the other two CRAs - Overtown and Omni.

In a place where the Mayor, Commissioners, City Manager, and Administration has such a high disregard for the "SUNSHINE LAWS", this email was deliberately done as a "COVER MY ASS EMAIL" to deomstrate that he, Commissioner Suarez, is complying with the Resolution setforth the day that Jim Villacorta was fired and Pieter "THE WHORE" Bockweg was hired.

Anonymous said...

Anon 11:33

I am not a stupid SOB... I am a very compassionate white hispanic male that doesn't derive his masculinity from anonymously deriding others on a blog like a scared little pu$$y, que ti...so stop trying to be so tough, when u know u r not...Larry Spring is only one of dozens of minnions in the City that follows orders ... He hasn't had an original idea or thought in his life...as for being acting HOUR director and blaming him for any mis-deeds involving non-corrupt Meredith Nation I would ask the previous HOUR directors who held office during Meredith's sabbatical: Elsa and Michele. Larry inherited that mess from them...should u ever wish to spar in person, please make the challenge.

Anonymous said...

Who is responsible for allowing corrupt ex-CIP clerk Meredith Nation getting paid to sit at home?
Nation was terminated from the DDA. Who paid this ex-clerk to sit at home? Alyce Robertson?

Anonymous said...

No ... Alyce Robertson is paid by the County as a loaner to DDA ... She actually fired Meredith ...Alyce has no authority to pay or not pay Meredith as Merdiths pay came/comes from the City ... She is in the City's procurement department along with all the other cip re-located procurement employees ...

Anonymous said...

Anon @ 5:25. Please take Larry's dick out of your ass, it seems you like it so much, that you are taking a liking to him. You are typical city employee hypocrite that talks about me writing in a blog, but you are also writing in the same blog. When employees are hired, they are there to perform their jobs. Looking the other way, means the employees are being negligent in carrying out their job duties. It is obvious you don't live in the Cty and do not pay taxes. So you don't give a shit, but yet my tax money goes to paying your salary, you incompetent S.O.B. You defending Larry Spring makes you just as corrupt as he and Merdeith Nation.

Anonymous said...

Alyce Robertson at the DDA is another waste of taxpayer money. $230,000 pay package. No business experience. 25 years of kissing ass at the County. Now she gets to pad her pension account while doing no work.

Anonymous said...

Who approved corrupt Broward County resident Meredith Nation getting a no-show job from the City of Miami?

Anonymous said...

Anon @ 618 you are clearly an uneducated boor, a liar and a paltroon !! Good day to you sir, lest you wish to duel ??

Anonymous said...

Larry Spring is consistent at being inconsistent !!

Anonymous said...

Meredith Nation is NOT corrupt. What are these accusations based on??

Anonymous said...

Anon 618 ...I am not a City employee - I work for a living ... U seem to think of Spring's penis quite often ... If u r gay or curious - it's ok - God loves u ... Few others I'm sure, but God definitely ... U may want to consider therapy and Prozac to calm your hot temper ... This site is for grown-ups BTW ...

Anonymous said...

Wow, it seems two folks are taking credit for being Anon @ 5:25. I'll bet you that both are city employees blogging on city time.

Anonymous said...

As the CFO did Mortgage Fraud Larry approve the no-show job for the corrupt ex-clerk?

Anonymous said...

Meredith Nation is corrupt. When she was a accounts payable clerk in the CIP department she would routinely approve illegal invoices and invoices for work that did not meet requirements. For helping the scammers she was rewarded with pay increases and with a no-show job.

Anonymous said...

Meredith Nation did not work as an accounts payable clerk in CIP - she was one of several assistants to the AD for Procurement and Contracts CIP (Gary Fabrikant)... If there was anything done wrong in his section he would surely know about it ...

Anonymous said...

If u DON'T look the other way in the City ... U r fired ...so ... With a mortgage ... Kids ... College ... Two car payments... Mother in law moving in ... Lots of choices in the private sector for other work ... U would have employees fall on their sword knowing it won't make a bit of difference ??

Anonymous said...

Anonymous 10:29 Gary Fabrikant was also corrupt thus he got fired, therefore Meredith Nation is conrrupt.

Anonymous said...

Fabrikant was fired for being corrupt ?? How do u know this ?? ... Also, by your logic everyone who is corrupt is fired from the City ..if that's the case then why is there still so much corruption ?? ... Finally if fabrikant was corrupt and Nation worked for him which, according to umakes her corrupt ... Then wouldn't EVERYONE who worked for fabrikant be corrupt ?? ... Then ALL of CIP and ALL of GSA ... ALL of the police dept, ALL of Grants, ALL of public works would need to be fired ... As the directors of each of these departments were fired by Regalado ...wow ... ALL the city's problems taken care of ... U r a genius !! :-)

Anonymous said...

There's a lot of shit flying around here. How about getting some answers?
Alyce Robertson is a talented smarrt woman, who works for an asshole - Sarnoff. How many times have we worked for assholes? Does that make her corrupt?
And Meredith Nation - I have no idea what makes her corrupt - can someone find out what really happened to her?
It just rubs me wrong to have all sorts of shit bantered about, with no facts. These are just humans, that don't deserve all this speculation. If there are facts - put them out.
One poster says she was an accts. payable clerk - the other says she wasn't. etc., etc.
Let's work with facts here.

Anonymous said...

Meredith Nation reviewed invoices to see which got paid and by how much. She was so naive (or corrupt) she would agree to pay $100,000 for $12,000 worth of work. At CIP money was flying out the door. For contractors with private school tuition payments she was a pinata.

Nation leveraged the thefts into a 100% raise for herself and later the no show job. How much was she paid while she stayed home?

Anonymous said...

Alyce Robertson is the $240,000 per year Executive Director of the DDA. With no private sector experience and no development experience she is grinning like a pig in shit. So what if her boss is the asshole Marc Sarnoff she still makes $240,000 per year to hang out in an office with a great view. She'll get $200,000 per year when she retires.

Anonymous said...

To 10:35
So true.

Employees learn to look the other way when they see corruption if they want to keep their jobs.

Sarnoff wants the corrupt promoted.

Anonymous said...

Read Ola Aluko's wistleblower lawsuit against the City to find out why Gary Fabrikant was fired. And no, unfortunately not everyone that is corrupt has been fired, because unfortunately for us taxpayers they run the City, such as the Mayor, City Manager, Commissioners, directors, et al. If you think the corruption of the 90's with Mano Surana was bad, folks, this is 100% worse. At that time the City had lots of properties to sell to come up with the money to survive, now we have nothing to sell, so god help us. Not even an oversight committee can save us now.

Anonymous said...

Ola Aluka is the dude who demanded the commissioners vote to spend $3.3 mil to change some doors in 33 bathrooms. He was the Director of the disgraced CIP Department. That was $100,000 per bathroom. For small renovations. What a putz.

Anonymous said...

Where's the link to the whistleblower lawsuit? Who is Gary Fabrikant? Why was he fired?

Anonymous said...

Before Alice Bravo took over CIP the department was divided into three sections: Finance, Contracts and Procurement, and Technical (Design and Construction). Meredith worked in contracts at the time of her "promotion" to DDA. I have never known anyone to call her corrupt. The Contracts and Procurement section have since been moved under the control of Kenneth Robertson. Factual enough ??

Anonymous said...

Fabrikanty was fired like half of the previous administration ... He was used for information then discarded like yesterday's trash ... Rumors of his corruptness have circulated for years ...

Anonymous said...

Don't forget the half million dollars in design fees for those bathroom renovations .

Anonymous said...

$3.3 mil to make 33 bathrooms ADA compliant. $600,000 in soft costs. Who stole the money? Ola?

Anonymous said...

Meredith Nation was a clerk reviewing contracts. She would decide which sleazeballs got their fictional invoices paid.

Anonymous said...

$600K in soft costs ?? It is more than that ... If the construction cost is $3.3M then CIP charged 15% of that for "management" ... And the design fee alone was around $550K ... So soft costs were more like $1M ....total ... Wow ...

Anonymous said...

Anon @ 1309 u r clueless ...please stop commenting on things u know nothing of ...Meredith Nation has and had NO authority ...

Anonymous said...

To 13:22

If Meredith Nation was so lacking and she had no authority why was her pay increased 100% and moved to the DDA?

Criminals laughed at how easy she was to deceive.

Anonymous said...

Is it true Meredith Nation was paid $120,000 per year to sit home in Broward County? The ex-clerk who had no authority?

Anonymous said...

THAT MORON Larry Springs refinances his home and immediately stops making payments. Fraud.

Anonymous said...

One other fac(: no single person approves invoices at CIP for construction. The project manager approves, then his/her immediate supervisor, two Assistant Director sign, then the Director. For design invoices only the project manager and his/her immediate supervisor sign. The ratio of construction invoices to design invoices (financially) is about 10:1 ....

Anonymous said...

Meredith Nation is accused of reading the contracts in a way that favored corrupt contractors and vendors. She was dumb, naive and corrupt and she would not require the corrupt to fulfill the contracts before she authorized money. Others in the CIP Department were just as corrupt. 12 to 14 were fired.

Why was Meredith Nation given a no-show job? Who authorized the no-show job?

Anonymous said...

The Capital Improvement Projects (CIP) Department is the same group that makes the taxpayers pay $$600,000 in soft costs on $1,000,000 jobs.

Anonymous said...

CIP hands out money to connected insiders.

Anonymous said...

Fraudster Larry. What a chump.

Anonymous said...

Mortgage fraud Larry.

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