FORMER HOUSING AUTHORITY MGR CHARGED WITH 400K FRAUD IN PHILLY

By
Education & Training with (retired) TN LIC# 290452

Former PHA Manager Charged with Defrauding the City Program of More Than $400,000

U.S. Attorney’s Office November 30, 2012
  • Eastern District of Pennsylvania (215) 861-8200
 

PHILADELPHIA—Richard Perri, 40, of Philadelphia, was charged today by information with defrauding the Philadelphia Housing Authority of $431,848, announced United States Attorney Zane David Memeger.

He is charged with conspiracy and program fraud.

Perri was a materials coordinator for the PHA Maintenance Department between November 1998 and July 2008 and was responsible for overseeing purchases of materials for PHA property site maintenance projects.

Perri had access to all PHA property site budgets and had permission to order materials for those sites and to charge the purchases to PHA.

According to the information, Perri circumvented the PHA requisition process for purchases by ordering and receiving materials from PHA vendors and then submitting a requisition for payment after materials had been delivered and the vendor’s invoice had been received by Perri.

This change made the process for those purchases less subject to in-house PHA scrutiny.

Between 2002 and 2008, Perri allegedly purchased building materials, purportedly for use at PHA properties, and then sold the materials for profit to others who used the materials for non-PHA purposes.

It is further alleged that Perri submitted fraudulent requisitions to PHA which paid the vendors for materials that were supposed to be for use at PHA properties.

According to the information, Perri and Co-Conspirator 1 worked together, with Co-Conspirator 1 acting as a middle man, receiving payments for the fraudulently purchased materials and arranging for the materials to be picked up or delivered to private properties.

After receiving payments of approximately half the value of the materials, Co-Conspirator 1 and defendant Perri split the profits of the scam.

If convicted, the defendant faces a maximum possible sentence of 15 years in prison, mandatory restitution, and supervised release.

The case was investigated by the FBI, the Department of Housing and Urban Development Office of Inspector General, and Philadelphia District Attorney’s Office General and is being prosecuted by Assistant United States Attorney K.T. Newton.

source: FBI
Posted by



David Saks



Time&Temp Memphis

Legal Disclaimer
Please be advised that:

 The information and notices contained in this blog are intended to summarize recent developments and news. The posts are presented as general research and information. These posts are not intended, nor should be regarded, as legal advice. Some blog posts concern allegations made in civil lawsuits and in criminal indictments in United States Courts. All persons are presumed innocent until convicted of a crime and proven guilty. Readers who have particular questions or who believe that they need legal counsel should seek the advice of a qualified attorney. It is neither the editor's or author's intention to create a confidential relationship or any broker-client relationship via communication from this site at any time. Please consult with your state real estate board if questions & answers in the education section conflict with the laws of your region or if you need clarification regarding their applicability or how they may govern the services that you provide.

By entering this web site, you understand the following:
When you select a link to an outside Web site, you are subject to the privacy, copyright, security, and information quality policies of that Web site. David Saks:
1.DOES NOT control or guarantee the accuracy, legality, relevance, timeliness, or completeness of information contained on a linked Web site;
2.DOES NOT endorse linked Web sites, the views they express, or the products/services they offer unless linked web sites, the views they express, or the products/services they offer endorse or support David Saks in accordance with the standards of the Tennessee Real Estate Commission and the Federal Government's laws regarding commerce and the application, solicitation and transmission of internet-related concerns, commerce or social networking;
3.CANNOT authorize the use of copyrighted materials contained in linked Web sites;
4.IS NOT responsible for transmissions users receive from linked Web sites;
5. That DavidSaks.Com is biographical & real estate related. Some links within will leave this site.
6. http://activerain.com/profile/davidsaks is internet-compliant & abides by the rules & regulations of the Tennessee Real Estate Commission, Eve Maxwell, Executive Director.
7. Unless indicated otherwise, ActiveRain does offer listings, or IDX and is provided for licensed salespersons, brokers, buyers & sellers of real property as a community & professional service.
8. David Saks is a retired / licensed real estate broker in the State of Tennessee, license #290452, and an independent contractor.
9. Information is believed to be accurate, but not guaranteed, at any realty link or document connected to the World Wide Web & viewable by anyone connected to the internet who has a web browser.
10. Brokers, buyers, sellers, agents & anyone should independently verify any information prior to submitting any offer to purchase goods & services from any link.
11. Please Visit The American Real Estate Alliance or Memphis.8k.Com for additional information regarding property issues for real estate professionals and consumers.

 

Photos © & Licensed by Nova Development

All Content Protected © 
Before you even think about
committing a real estate crime
click this red button.
Real Estate Crimes

© All Rights Reserved.

 

 

 

 

"Information generated by the Department of Justice is in the public domain and may be reproduced, published or otherwise used without the Department’s permission. Citation to the Department of Justice as the source of the information is appreciated, as appropriate."

Department of Justice Legal Policies


 

  Real Estate Crimes

 

Click "HERE" For Today's Question

 

 

TheListen Now!

David Saks Show

Saturday Nite

9pm-12am Central

University of Memphis

WUMR

 

Support
America's Hobby

Click Elvis

Mr.Saks' participation in ActiveRain ended April 13, 2015.

His blog archives will remain online.

May God bless you.

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
ActiveRain Community
Location:
Tennessee Shelby County Memphis
Groups:
Realtors®
Crime
Tags:
real estate fraud

Spam prevention
Show All Comments
Ambassador
1,913,466
Hannah Williams
Re/Max Eastern inc. - Philadelphia, PA
Expertise NE Philadelphia & Bucks 215-953-8818

Oh my this was right in my own back yard .I do not know him Philadelphia is a very large City . David I love reading your posts you really keep it interesting .

HelpfulHannah

Nov 30, 2012 08:49 AM #1
Rainmaker
863,526
Les & Sarah Oswald
Realty One Group - Eastvale, CA
Broker, Realtor and Investor

David - thanks for keeping us up to date. Crime doesn't pay...when will criminals realize it?

Nov 30, 2012 11:38 AM #2
Rainmaker
505,594
AJ Heidmann ~ CRS
McEnearney Associates, Inc. - Alexandria, VA
YOUR Alexandria & Arlington, VA Real Estate Expert

David - Hopefully, another one bites the dust!  Though it probably won't deter the rest of working up a scheme or two to game whatever system that they have access to.

Nov 30, 2012 01:39 PM #3
Rainmaker
1,570,074
David Saks
(retired) - Memphis, TN

Pretty stinky mess for somebody, Hannah. I wouldn't want to be in his shoes.

Nov 30, 2012 04:12 PM #4
Rainmaker
1,570,074
David Saks
(retired) - Memphis, TN

Sarah & Les, always nice to. hear from you

Nov 30, 2012 04:13 PM #5
Rainmaker
1,570,074
David Saks
(retired) - Memphis, TN

It's not good, AJ. What kind of lunatic would attempt to imperil the lending process and loot the banks with fraudulent statements ? These acts of desperation for the control of real estate are the worst in the history of the nation.

Nov 30, 2012 04:17 PM #6
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
1,570,074

David Saks

May God Bless You, Always. David
*
*
*
*
Spam prevention

Additional Information