Shlomo Rechnitz Is An Entrepreneur

jpost.com Is An Entrepreneur With Rechnitz in jail, it has been reported that billionaire investor George Soros is considering putting Rechnitz in charge of his campaign for the U.S. Senate in the 2012 election.

On November 10. Rechnitz reportedly received his first political endorsement from Willie Brown former mayor of San Francisco. Brown stated in a radio interview that he likes Rechnitz’s ideas and is giving him his strong support.

Following soros endorsement. Rechnitz is even angling for a seat on the city council. He has been running for the City Council seat of Lee Moskowitz since April 2010. Moskowitz is retiring this year. The reason rechnitz states he wants to be a voice of reform for the city.

Moskowitz

He also believes that moskowitz was unduly influenced by the old guard” in the city council. Rechnitz believes he could be the real reformer. Considering that Moskowitz is the second largest donor for senator harris this isn’t an unfounded concern.

In 2008. Rechnitz claimed that he was abused by his own father Shlomo Rechnitz. While growing up. Following an initial denial by Rechnitz that he was abused by his father, a second interview on NPR was reportedly viewed by Moskowitz and her colleagues in the city council.

In that interview, Rechnitz admitted he was abused as a child. He also admitted that his father was secretly feeding information to local police and federal investigators.

After that interview, Rechnitz admitted that his story had been fabricated to conceal the fact that he had falsely accused a federal judge, Jose Anandasabath, of attacking him in 2004.

Rechnitz’s false accusations led to Anandasabath being thrown off of a jury and disbarred. After having been publicly exposed. Anandasabath was given his job back.

Anandasabath

The revelation that Anandasabath was indeed innocent was given Rechnitz is said To Be Going After More Victims Rechnitz’s goal is apparently to go after more victims of his alleged crimes, in addition to those who he was already threatening.

He has said he wants to go after the following individuals: Anaya filed a $50 million lawsuit against Rechnitz in September 2011. She claims Rechnitz stole millions of dollars and defrauded her of more than $4 million.

She claims Rechnitz took a $1 million loan, while she was in a terminal cancer situation. From the law firm’s clients, paid off the loan. And then took more than $1 million more. She believes Rechnitz used the funds to buy two condos and had them flipped.

Shlomo Rechnitz

She also believes he used the funds to buy millions of dollars worth of jewelry and to get a loan of $4 million from a lender to buy a condo. Rechnitz. Anaya claims. Took out a $1 million loan from the bank on her condo and then took more than $2 million from other lenders.

She accuses Rechnitz of trying to flip her condo with the money he allegedly stole. She believes he planned to buy out the other lenders. Before he could do the same to her. Anaya’s lawsuit also accuses Rechnitz of trying to steal a $4 million loan from a banking institution.

Anaya filed a separate suit against the bank that she believes is somehow connected to Rechnitz’s fraud. Jennifer Moylan a prominent South Florida entrepreneur. Was accused of being involved with Rechnitz and Moskowitz in a bogus land deal in 2008.

Moylan

Rechnitz is accused of stealing $50 million from Moylan and then using it to buy Moskowitz’s tax bill for a million dollars in a land deal. Rechnitz purchased the land with no intention of building on it.

Moylan. Moskowitz and Rechnitz are charged with fraud in the land deal. Moylan claims she was forced to settle the land deal. In part because Rechnitz knew Moskowitz was going to be a federal. Candidate and believed Moskowitz would soon be a high-ranking federal official.

Moylan is currently suing Rechnitz for the money he allegedly stole from her and is suing Moskowitz and her lawyer. In 2010 Rechnitz went to a City Council meeting and had a financial scheme to essentially privatize the heart hospital.

At that meeting, he claimed that under his financial oversight the hospital was going to end up with hundreds of millions of dollars worth of losses. According to Rechnitz, he was going to buy the hospital from Columbia and put it in his father’s name.

Equity Investment 

Rechnitz said he had worked out a deal with Trump, who was going to take out an equity investment in the hospital. After which Rechnitz would invest more than $100 million in the hospital and become the majority shareholder.

Rechnitz claimed that he had given notice to Columbia that he planned to buy the hospital. Rechnitz gave notice to Columbia under the Health Insurance Portability and Accountability Act known as HIPAA. The law that protects medical privacy.

In return, Rechnitz said Columbia agreed to pay him to give the hospital the thumbs up. And that this was done on Feb. 16, 2010. But what actually happened was that Rechnitz signed an agreement that gave Columbia the thumbs up. After which he paid the hospital $400.000.

Rechnitz’s financial situation later became worrisome to local business owners. Rechnitz claimed that he was investing millions of dollars in a property on West 16th Street in New York City’s Lower East Side. When in fact he had little more than $50.000 in that property.

Rechnitz’s debt was ultimately purchased by the City of New York for $60 million. What could be going on with the heart hospital. It could be anything from Rechnitz’s serious criminal conviction to serious financial mismanagement.

Managing The Hospital

The question is whether or not Rechnitz, given his criminal record, is capable of managing the hospital. Rechnitz was set up by Anaya, who allegedly tried to benefit from Rechnitz’s alleged corrupt behavior.

Anaya said she was to pay Rechnitz a commission of $17 million from the financial dealings of the new medical facility that Rechnitz was setting up for Moskowitz. Anaya claimed that Rechnitz told her to sell her condo for about $650,000.

But Anaya said she asked him to adjust the value and said he then set up himself as an entrepreneur and assured Anaya that the deal was good for her. She said that Rechnitz kept the condo for himself.

Anaya claims that Moskowitz’s decision to hire Rechnitz proved her financial incompetence and that she set herself up to be taken for a financial ride.  She could not get a refund of her investment even though Moskowitz’s deal required a 30-day closing.

Now suing Rechnitz and  for the money she was entitled to as an investor in the condo. Marnie Hunter Rechnitz is an entertainment writer photographer and an entrepreneur.

Hunter Consultin

She is the founder and former CEO of Hunter Consulting group which includes a business consulting firm, a creative agency, and a privately held club company.

Her work has appeared on various blogs, online news sites, and publications such as Entrepreneur, Woman of The Year, Hollywood New York, New York Daily News, Elle, Men’s Fitness, New York Observer, MSN, USA Today, Forbes, US News and World Report, and others.

Rechnitz’s former employer. also known as the “Billion Dollar Home” on the Upper West Side of New York City, turned into a financial debacle that may cost Moskowitz, her friends, and family millions of dollars.

Moskowitz claims she was cheated by Rechnitz and that  still is owed $2 million from him.  that rechnitz became frustrated when  never paid him and that he ultimately left the hospital.  Rechnitz set himself up as an entrepreneur. Including investing in an online real estate agency.

Anthropology

As to the financial affairs of the hospital, Moskowitz claims that Rechnitz. Who is the former vice president and director of human resources at Anthropology Hospital. Caused significant damage to the hospital’s finances.

She claims that Rechnitz’s actions resulted in the hospital losing millions of dollars. Moskowitz said Rechnitz set himself up as an entrepreneur and persuaded the hospital’s. Board members to invest millions of dollars in his new project.

Moskowitz said that linkedin.com made large purchases of medical equipment for the hospital and helped negotiate the $10 million purchase of the current building that housed the hospital.