Can You Spot The South Blooming Grove LLC Involved With Money Laundering?

There are 231 LLCs in South Blooming Grove, and more than a few of them are behaving badly.

While working on the second part of my investigation into local slumlord, and founding member of the United Jewish Community of Blooming Grove, Moche Halpern, I came across something interesting.

So, today is a brief post, because I spent a good chunk of today sharing what I have with the appropriate parties.

We’ll be back tomorrow to finish out our week focusing on events in Washingtonville surrounding Mr. Halpern. Then, we’ll turn our attention next week to what’s going on in the Town and Village of Monroe.

Cool?

Blooming Realty (Moche Halpern, Lazar Schvimmer) appear to be participating in a real estate scheme.

Essentially, they’re taking out loans on property they own, then transferring the property to LLCs they control, only to then take out additional loans on that same property.

Is this just smart real estate strategy? Maybe.

There are a ton of …