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Sean Hannity Was Michael Cohen's Secret Client

PostPosted: April 16th, 2018, 6:13 pm
by toucana
Michael Cohen secretly representing Sean Hannity proves that this isn’t real life. We are all living in some weird simulation. (Roland Scahill - Twitter)

Re: Sean Hannity Was Michael Cohen's Secret Client

PostPosted: April 23rd, 2018, 3:56 am
by toucana
When Sean Hannity was recently named in court as a client of Donald Trump’s embattled legal fixer Michael Cohen, the Fox News host insisted their discussions had been limited to the subject of buying property - (as opposed to paying off mistresses and threatening porn stars).

The UK Guardian newspaper took him at his word, and have just published a revealing article about Hannity’s hidden investment portfolio in the US real estate market.

US public records link Hannity to a group of shell companies that spent at least $90m on more than 870 homes in seven states over the past decade.

The real estate holdings linked to Hannity are spread across more than 20 shell companies formed in Georgia. Each of the companies uses a variant of the same name, which combines the initials of Hannity’s children.

Dozens of the properties were bought at a discount in 2013, after banks foreclosed on their previous owners for defaulting on mortgages. Before and after then, Hannity sharply criticised Barack Obama for the US foreclosure rate. In January 2016, Hannity said there were “millions more Americans suffering under this president” partly because of foreclosures.

Hannity, 56, also amassed part of his property collection with support from the US Department for Housing and Urban Development (Hud), a fact he did not disclose when praising Ben Carson, the Hud secretary, on his television show in June last year.

Hannity complained during the discussion that home ownership in the US was at a 51-year low – a false claim he has made several times on air – and criticised the state of public housing.

The Georgia mortgages supported by Hud were guaranteed as part of a program aimed at protecting investors such as Hannity who buy rental apartment buildings. The government promises to cover losses if borrowers default on their mortgages. Borrowers pay an insurance premium to Hud in return. Bigger loan guarantees are available if the building houses low-income families.

Spokespeople for Hud and Fox News declined to comment on the record.