Report: Sen. David Perdue Sold Home To Official Of Financial Industry Group That Lobbied His Committee

  • 📰 Forbes
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 53%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

I'm a New York-based news desk reporter for Forbes covering sports, politics and business. Please feel free to contact me via email (tsbeer7 [@] gmail.com) or Twitter (@TommyBeer).

the home was sold at fair market value and that the lender appraisal confirmed that, however, Samer Kuraishi, who leads a real estate agency in D.C., asserted that appraisals are completed after a price is agreed upon and typically are “engineered to match the sales price.”

If the home was purchased above fair market value, then the difference would be considered a gift, and U.S. senators are required by law to publicly disclose gifts of significant value, which Perdue reportedly did not do in this case.out of the banking committee that would have required the group to establish a fund to compensate investors bilked by brokers.

of the watchdog group Public Citizen. “Since the purchase and sale of this property by Sen. Perdue was not done on the open market, it raises serious suspicions as to whether the sale was in fact at fair market value.”

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

sendavidperdue is a crook. gapol gasen

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 394. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines