Feds must probe NYC Public Advocate Jumaane Williams for possible mortgage fraud: pol 

The feds and the metropolis indispensable probe whether NYC Public Advocate Jumaane Williams committed owe fraud and broke different laws successful airy of “serious” reddish flags surrounding his troubled ownership of a Brooklyn spot that ended successful foreclosure, a chap Democrat demanded this week.

Councilman Robert Holden (D-Queens) fired disconnected letters Monday to Federal Housing Finance Director William Pulte and NYC Department of Investigation Commissioner Jocelyn Strauber successful the aftermath of The Post’s exclusive past week revealing however the socialist pol mislaid a two-family location successful Canarsie to Bank of America aft helium stopped paying the owe and racked up astir $1 cardinal successful indebtedness implicit 15 years.

Holden successful some letters said nationalist records suggest Williams misrepresented his fiscal concern for years by collecting rent from aggregate tenants surviving connected the spot portion simultaneously being delinquent connected a federally backed mortgage.

“If Mr. Williams misrepresented his fiscal position, rental income, oregon occupancy presumption successful owe applications oregon ongoing certifications, helium whitethorn person violated national statutes governing owe fraud and slope fraud,” Holden wrote Pulte.

“This substance is peculiarly troubling fixed Mr. Williams’ salient relation successful publically criticizing landlords done the City’s “Worst Landlords Watchlist” while allegedly engaging successful akin misconduct himself. The evident hypocrisy, combined with the standard of fiscal mismanagement and imaginable deception, undermines nationalist assurance successful elected leadership.”

Williams – who earns $184,000 annually and collected thousands of dollars a twelvemonth renting the location to aggregate tenants – stopped making his $1,344 monthly owe payments successful 2010, according to records.

Holden successful his missive to Strauber questioned whether Williams broke New York instrumentality by “knowingly making mendacious statements” successful his yearly fiscal disclosure filings.

Williams, who served arsenic a Brooklyn councilman from 2010 to March 2019 earlier being elected nationalist advocate, didn’t database earning rental income successful galore of his past yearly filings dating backmost implicit a decennary — contempt tribunal records showing tenants surviving connected his property.

But helium did database earning anyplace from $5,000 to $55,000 successful rent successful some 2022 and 2023, according to his astir caller disclosure statements.

Williams was slapped with a foreclosure enactment successful 2014 by Bank of America implicit a $389,600 owe helium took retired connected the location successful 2006 to concern a vegan sandwich store successful Park Slope that went belly up 2 years later.

Williams has agelong blamed his fiscal woes connected the presumption of his indebtedness and tenants who didn’t wage rent.

The location was listed for merchantability done a foreclosure auction past month, but it reverted backmost to Bank of America ownership aft not a azygous bidder offered a terms exceeding the indebtedness owed, which is present up to $944,582, according to Auction.com.

The DOI and the Federal Housing Finance Agency declined comment.

Williams’ spokesperson Kevin Fagan changeable down the claims, saying Holden “has each close to petition wasting clip and wealth investigating a decade-old non-story connected a mendacious premise — though it would person been much businesslike if he’d simply looked astatine the nationalist records and seen that the nationalist advocator has accurately reported immoderate rent collected and filed required disclosures.”