Thread by @pleasesaveour

It's always the taxes.

The IRS says Roger Stone owes $2 million in unpaid taxes. And while the DOJ is taking Stone to court in a civil suit with no criminal charges, at the center of its case is a curious transaction: a $400,000 mortgage loan for a condo
thedailybeast.com/inside-broke-r…

The gov’s complaint lays out a complicated scheme. It describes the condo purchase as an overt act of fraud, and claims a right to seize the property.

The lender was some guy who said he had been misled and likely wouldn’t have granted the loan if he had known the full picture

First, the private mortgage lender said he didn’t know at the time that he was lending money to Roger Stone. He also said he isn’t a Stone associate, disagrees with his politics, and claimed he likely would have rejected the deal had he been aware Stone was involved.

At the time of the loan, the Stones appear to have owned no real property. They had also been hemorrhaging cash, renting a nine-bedroom Fort Lauderdale mansion—listed at $9,500 a month—and wiring the IRS nearly $20,000 monthly installments as part of an agreement to amortize more

At the time of the loan, the Stones appear to have owned no real property. They had also been hemorrhaging cash, renting a nine-bedroom Fort Lauderdale mansion—listed at $9,500 a month—and wiring the IRS nearly $20,000 monthly installments as part of an
rawstory.com/2020/11/irs-er…

agreement to amortize more than a million dollars in unpaid taxes. And public documents with Broward County show they were also under a joint $1.5 million federal lien, recorded in 2014, which was withdrawn in Oct 5, 2020, but reinstated Oct 15, 2020

Asked whether he had run a credit checklender said the atty did, and had told him it checked out

The attorney, former RE/MAX FIRST general counsel Paul Caillaud, who signed the mortgage documents, faces serious legal troubles of his own.
recordonline.com/news/20190811/…

The last fact may be of interest to the government. The DOJ claims the Stones knew defaulting on the IRS payments would trigger collection. And they defaulted the day after the purchase.
washingtonpost.com/national-secur…

“If you declare bankruptcy, you get to keep a house to live in. You can’t keep a diamond ring, you can’t keep your ostrich jackets but you get to live somewhere.

Stone couldn’t do that while defaulting on his taxes, which he did the next day

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