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Ethical Conflict of Interest County Corruption
Gus Frangos, President of Cuyahoga County Land Bank, is up to no good. Gus Frangos purchases investment property, hides the property under the guise of an LLC, collects rent money, and then fails to pay his own property taxes and mortgage payments. Gus Frangos is in charge of all of the property in the Cuyahoga County Land Bank. The Land Bank actively targets others that fail to timely pay their property taxes in an attempt to take their property via tax foreclosure. Gus Frangos has pending civil complaints regarding his failure to pay his own mortgage. Gus Frangos needs to be removed from his position immediately. This is a serious conflict of interest and ethical violation. Read the full story - including all of the evidence - here http://realneo.us/content/does-gus-frangos-president-land-bank-deserve-be-foreclosed-upon
It should be noted that Gus Frangos has failed to timely pay his own property taxes - for YEARS- on several properties.
He owes several thousand dollars in delinquent property taxes.
Gus Frangos salary is paid - in part - by Cuyahoga County's collection of delinquent property taxes.
The above pictures are of some of the mortgage papers Gus Frangos signed as member of several LLCs, and also a partial copy of a pending civil foreclosure lawsuit. Gus Frangos also signed the documents stating that he would be 'individualy' responsible for the mortgage payments. The land bank was created to stop the foreclosure crisis, and Gus Frangos - PRESIDENT of the County Land Bank - is in the midst of a pending foreclosure action for his investment properties. He is adding fuel to the mortgage foreclosure crisis- all while collecting a taxpayer funded salary. Millions of dollars are flowing thru his greedy hands.
STOP THE COUNTY CORRUPTION. Remove Gus Frangos from his position IMMEDIATELY. Much is at stake here. His hired agent on several of the LLC's has admitted to collecting and handing over rent money to Gus Frangos.
Read all the details and more evidence here http://realneo.us/content/does-gus-frangos-president-land-bank-deserve-be-foreclosed-upon
Gus Frangos is also in charge of millions of federal dollars. This man is not honest and should be removed from his position immediately.
The complaint has been investigated and resolved to the customer’s satisfaction.
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The Cuyahoga County Land Bank's President, GUS FRANGOS, was caught hiding property under the protection of LLCs, hiring an agent to collect and hand over rent money, while ignoring his own property tax payments and mortgage. Meanwhile, the Cuyahoga County Land Bank targets others over delinquent property taxes and attempts to take their land via tax delinquent foreclosures. Gus Frangos is a hypocrite.
Gus Frangos salary is paid by the collection of delinquent property taxes and he is NOT paying his own property taxes.
Gus Frangos is in charge of hundreds of properties in the county's land bank, yet he can not manage his own property.
Gus Frangos job is to help the foreclosure crisis. Gus Frangos has pending foreclosure cases.
Gus Frangos continued to collect rent money from the several properties that he attempted to hide and never paid the bills.
In a county filled with corruption, Gus Frangos needs to go. This unethical man has committed several conflicts of interest.
Gus Frangos is in charge of millions of dollars. Gus Frangos needs to be replaced.
Why do you care if he pays his own bills or not?
Read more here http://realneo.us/content/does-gus-frangos-president-land-bank-deserve-be-foreclosed-upon