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New York City - Real Estate Tycoon Philanthropist Jailed For Possessing Cocaine |
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New York City - A Big Apple real-estate titan who has donated hundreds of thousands of dollars to New York politicians, and many 'Tezdokah' organizations was busted in Yonkers for carrying a witch's brew of cocaine and painkillers.
Multimillionaire E.. the CEO of a major real-estate firm in NYC, and a major stakeholder in several large corporations, was charged yesterday with possessing 703 Oxycontin pills, 352 Xanax pills and more than four ounces of cocaine.
He was arrested in his car at 2:19 p.m. Friday afternoon after an off-duty sergeant spotted him swerving on the Saw Mill Parkway and notified Yonkers police, sources said.
Responding officers allegedly found E trying to stuff a plastic bag with a quarter-pound of nose candy into his glove compartment.
E, 43, told cops at the scene he was "a real-estate mogul who lives in a small house in ......., NY," according to a source.
He was arraigned yesterday on two felony counts of criminal possession of a controlled substance.
E.. had no legal representation at his arraignment and entered no plea. A judge remanded him to jail until his next court appearance on Monday.
E.., ascended to the city's real-estate elite in 2001 when he bought the iconic Citigroup Center for $725 million.
At the time, the purchase of the blue-glass skyscraper on Lexington Avenue by a relatively unknown realtor sent shock waves through the industry. He sold his share of the building for $100 million in 2006.
While amassing a real-estate empire, E.. has given generously to politicians and political committees, both nationally and locally. In the 2000s alone, he has given $317,950 to New York state campaigns.
E. has donated millions to many Jewish charity organizations, by some estimation his net worth is more than $1 Billion.
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Read Comments (17) — Post Yours »
1
Oct 05, 2008 at 04:08 PM Yankel From Williamsburg Says:
Please stop the loshon horah now....It was not his stuff ..It was planted on him by his enemies
2
Oct 05, 2008 at 04:13 PM Anonymous Says:
uh huh
3
Oct 05, 2008 at 04:15 PM Anonymous Says:
It doesn't matter who the owner of said stuff is in NY State. If you posess the stuff, you go to jail. Posession is similar to ownership and being observed trying to hide or otherwise dispose of stuff when pulled over by a state trooper or a local constable is grounds for ending up in front of a judge or magistrate. Whether his enemies or friends are involved only matters if they were with him at the time of the stop.
4
Oct 05, 2008 at 04:14 PM Shimon Burech Says:
E.. is a Tzadick. this story is not true
5
Oct 05, 2008 at 04:22 PM murray Says:
Yankel, according to the story he doesn't have enemys, but lots of friends. Are you kidding, right?- He was swerving his car, and stuffing contraband in his glovebox....but its all just a mis-understanding...perhaps he was just holding it for a friend. The man didn't get to be a billionaire by being just any old dumb "Yankel"
6
Oct 05, 2008 at 04:22 PM formely Says:
“ Please stop the loshon horah now....It was not his stuff ..It was planted on him by his enemies ”
oh please, and why was he swerving, maybe the same people who planted the stuff were also driving, but nobody noticed.
7
Oct 05, 2008 at 04:25 PM Anonymous Says:
This website made it up from thin air? What the hell do you mean the story is Not true? You mean some of the facts are erroneous?
8
Oct 05, 2008 at 05:18 PM robroy560 Says:
Why no name? And I'm sure this was mistaken identity.
9
Oct 05, 2008 at 05:08 PM Sounds like a nice guy.. Says:
D. has been extremely supportive of numerous charities, particularly causes that benefit inner-city children from disadvantaged backgrounds. He was selected to serve as a Board Member of the New York Junior Tennis League and was awarded the Annual Civic Leadership Award, which was awarded to Eliot Spitzer in 2006. D. was also awarded the xxxxxx Foundation’s “Man of the Year” award for his efforts and support of this organization, which supports over 180,000 terminally and chronically ill children in 850 hospitals throughout the country. In addition, D. is a Board Member of Harlem Educational Activities Fund, which provides mentoring, and college scholarships to inner city children from disadvantaged communities. The family also runs a highly successful family foundation, which provides college scholarships and mentoring to disadvantaged youth demonstrating interest in the arts. The Foundation has sent over 150 students through college since its founding in 1993. He is also a Board Member of xxxxxx, an organization that provides training to inner city children interested in a career in the field of electronic media.
10
Oct 05, 2008 at 05:29 PM Anonymous Says:
Whoa, unfortunately for him the Rockefeller laws are still upheld.
11
Oct 05, 2008 at 05:38 PM Anonymous Says:
and for how many yeshives tomche shobbes did he give
12
Oct 05, 2008 at 06:15 PM Anonymous Says:
wow berosh hashanah yikatevun uvoyom tzom kippur yechatemun!
13
Oct 05, 2008 at 07:39 PM bigwheeel Says:
“ D. has been extremely supportive of numerous charities, particularly causes that benefit inner-city children from disadvantaged backgrounds. He was selected to serve as a Board Member of the New York Junior Tennis League and was awarded the Annual Civic Leadership Award, which was awarded to Eliot Spitzer in 2006. D. was also awarded the xxxxxx Foundation’s “Man of the Year” award for his efforts and support of this organization, which supports over 180,000 terminally and chronically ill children in 850 hospitals throughout the country. In addition, D. is a Board Member of Harlem Educational Activities Fund, which provides mentoring, and college scholarships to inner city children from disadvantaged communities. The family also runs a highly successful family foundation, which provides college scholarships and mentoring to disadvantaged youth demonstrating interest in the arts. The Foundation has sent over 150 students through college since its founding in 1993. He is also a Board Member of xxxxxx, an organization that provides training to inner city children interested in a career in the field of electronic media. ”
Just curious. Where do you know all this stuff from. I happen to know a guy with different initials who fits this profile!!!
14
Oct 05, 2008 at 08:32 PM Yitzchok Says:
Cocaine is G-D's way of telling someone that they have too much money
15
Oct 05, 2008 at 09:47 PM mikey Says:
First offense - usually plea bargained to probation and completion of rehab with extended parole supervision and therapy follow up.
16
Oct 06, 2008 at 01:01 AM richman Says:
if you're that rich you probably need that stuff to stay even keeled
17
Oct 06, 2008 at 02:23 PM Shmilfke Says:
I just checked the Forbes 1000 and there is nobody by the name of E.