Meeks Moneyman Target of Five Investigations

So nice to see a Democrat Congressman owned in full by a guy like Ed Ahmad, who's running mortgage scams under a dubious name like Ace Mortgage Inc.

Allegations of predatory lending, forged documentation, falsified mortgage info and missing records have dogged Rep. Gregory Meeks' private lender for years, The Post has learned.

State officials have investigated Queens real-estate broker Edul Ahmad -- who loaned Meeks $40,000 in 2007 -- five times since 2006, referring two of those probes to the Queens District Attorney's Office for review, according to state Department of State records obtained by The Post.

In one case, a woman claimed Ahmad's Century 21 Realty persuaded her to buy a $714,000 home she could not afford.

The woman, whose annual income was only $30,000, was told to get co-applicants for a loan through Ace Mortgage Inc., which is also owned by Ahmad, according to state records.

When she told Ahmad she could not afford a $5,000-a-month mortgage, he simply told her to come back in six months and refinance it, state records show.

But the refinance was declined and she lost her home to foreclosure.

Another probe by the state Banking Department and Department of State in 2007 turned up homebuyers who said they were given mortgages for more than they could afford and that their names were forged on documents.

Ahmad is also deeply involved with New York State Senate leader John Sampson.

John L. Sampson, the State Senate leader, performed legal work for a Queens real estate broker who was being investigated by state authorities on allegations of fraud and predatory lending, and was disciplined for acting as a notary for the broker after his notary license had expired, according to state documents.

The broker, Edul Ahmad, has been at the center of a loan scandal involving United States Representative Gregory W. Meeks of Queens, who this month admitted that he had failed to disclose a $40,000 loan from Mr. Ahmad on his federal filings. The loan appeared to come with no strings attached, or interest. Mr. Meeks repaid it three years after the fact, once it became a matter of scrutiny.

Curious how the national media has zero interest in Meeks' legal and ethical woes. I guess word got out on JournoList 2.0 to make sure nothing about Democrat corruption gets mentioned.