Oh dear!....

Judge finds that the Wilfs committed civil fraud and racketeering, more than 21 years ago

Posted by Mike Florio on August 6, 2013, 10:23 AM EDT
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At a time when Browns owner Jimmy Haslam faces criminal and civil allegations of fraud, a judge in New Jersey has found that Vikings owners Zygi and Mark Wilf actually committed civil fraud — more than two decades ago.
According to Ben Horowitz of the Newark Star-Ledger, Judge Deanne Wilson summarized on Monday her findings regarding a 21-year-old lawsuit that culminated in a two-year trial.
“To my knowledge, there has [You must be registered and logged in to see this link.] in New Jersey jurisprudence,” Judge Wilson said. “We try to move cases along. There is no reason in the world for a case to be tried 20 years after it was filed.”
The case arose from claims that the Wilfs cheated their business partners out of revenues from Rachel Gardens, a 764-unit apartment facility in Montville, New Jersey.  Judge Wilson concluded that the Wilfs engaged in “organized-crime-type activities” in the bookkeeping practices that resulted in the Wilfs making more money than they should have.
The plaintiffs, Ada Reichmann and her brother, Josef Halpern, will receive compensatory damages, punitive damages, treble damages, a redistribution of revenues dating back to 1992, and reimbursement for their attorneys’ fees.
Judge Wilson pointed to the testimony of Zygi Wilf as evidence of “bad faith and evil motive,” and that Wilf admitted that he believed Reichmann got “too good a deal” and “reneged” on the original arrangement that had been made in the 1980s, by Zygi Wilf’s uncle, Harry Wilf.
“The Wilf family has been in business for 58 years and has earned a well-deserved reputation for integrity and honest dealings,” their lawyer, Shep Guryan, told the Star-Ledger.  “As with many businesses, disputes occasionally arise, and since we are currently in the midst of a legal process to resolve this civil lawsuit, we must decline further comment.”
Appeals surely will follow, and the process undoubtedly will continue for at least another year or two.
For now, the key point is that a judge has found that the Wilfs engaged in the same kind of behavior that has Jimmy Haslam currently sweating out a federal indictment.  The best news for the Wilfs is that the statutes of limitations for any potential criminal charges have likely long since expired.

Goodness gracious!  Say it ain't so, 'munt?!  You obviously were never very bright--and having a judge cite your own (presumably well thought through) testimony as evidence of bad faith and evil motive certainly won't win you any mensa awards (did you REALLY admit that you reneged on the agreement in open court???  LMFAO--Wow, that boy dumb dumb like ass)--but a scumbag deal welcher as well?!  Punitive damages...compensatory damages...revenue redistribution over 20 years with interest and attorney's fees over a 20 year span--trebled?!!  Holy fuckmuffin, Batman!  That's gonna be some serious canoli, Muntlick...and the judge deciding it has delayed her retirement for the pleasure of being the one handing you the bad news?   Here's a little tip, Spunkmuntler--NOT a good sign...  That bitch dearly wants to reach down your throat and rip out your balls!  Pick yourself up a full party pack of astroglide and get lubed up for the Kong Dong Strap-on Marathon, bitch.  Maybe you and your puppet brother can get loosened up a little with Fred Smoot's double-headed dildo action from the Love Boat first.  You'll find it in the Vikings trophy case next to the Whizzinator...   

I hope Jared Alllen will float you a loan...   

ILvLamp wrote:No way!  I'll bet my next year's salary that Ziggy is innocent.
#Exonerated.   

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Minnesota governor wants one final review of stadium deal after fraud verdict
Posted by Mike Florio on August 8, 2013, 10:58 AM EDT
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The NFL [You must be registered and logged in to see this link.] in the wake of the civil fraud verdict against Vikings owners Zygi and Mark Wilf.  But Minnesota governor Mark Dayton apparently will.
According to KSTP-TV, Dayton is “[You must be registered and logged in to see this link.]” about a New Jersey judge’s findings of fraud committed by the Wilfs in a business transaction.  The 21-year-old lawsuit arose from allegedly inaccurate financial accounting in connection with a partnership that built and maintained an apartment complex in New Jersey.
In the wake of the ruling, Dayton has urged a final review of the Vikings stadium deal to ensure that there was no fraud or other inappropriate business dealings.
“I would urge the [Stadium Authority] to have its legal counsel assure them and the people of Minnesota that all the representations made by the team and its owners are truthful and accurate,” Dayton said.
The final paperwork regarding the stadium construction has still not been signed.
The Vikings continue to characterize the situation as a “private business matter,” but it could become a very public business crisis in Minnesota, if a final review is conducted, and if anything improper is discovered.
Dayton said he wasn’t aware of the New Jersey litigation when the stadium deal was reached with the Vikings.
While we’ve got no issue with folks in Minnesota ensuring that they weren’t the victims of fraud or any other corporate chicanery, it would be unwise to use the verdict as cover to undo or sweeten a deal about which Dayton or others in government may now have remorse.  Amid news that airport-based electronic gambling that was expected to raise $3 million in 2013 has resulted in [You must be registered and logged in to see this link.], there’s a chance that the politicians made bad assumptions about the public funding mechanisms.
If so, that’s not something that can fairly be blamed on the Wilfs.That reality may not stop Dayton or other politicians from trying.

LOL!  Mark Dayton couldn't find his ass in his own tossed salad.  If there's a way to fuck over the stadium deal because of this--he'll find it...and electronic pull tabs?  Really?  All these assholes had to do was stop into any rural outstate tavern (which is primarily the market where people enjoy wasting their $$$ on pulltabs) and ask the first people they meet about whether they'd spend money on electronic pulltabs.  Duh?  That's why Dayton had to just raise the ciggy tax $2 pack--to make up for that massive funding shortfall for the stadium...