Thursday, August 07, 2014

DOWNTOWN KANSAS CITY REAL ESTATE QUEEN BRENDA WOOD CONFRONTS FED INDICTMENT ON FIVE COUNTS OF BANK FRAUD AND ONE CHARGE OF THEFT!!!

NBC Action News features the most detailed account of Brenda Wood indicted today on federal bank fraud charges . . . "The U.S. Attorney’s Office released a statement Thursday that accuses Wood of five counts of bank fraud, one count of theft from an employee benefit program and four counts of willful violations of the Employee Retirement Income Security Act."

Remember a previous report from KSHB noting $12 million in loans and investments were missing following the failed purchase of two landmark buildings in downtown Kansas City.

And THIS is one of many reasons why Kansas City voters shouldn't believe so much hype about the so-called Renaissance happening inside the Downtown Kansas City loop.

Developing . . .

11 Comments:

Anonymous said...

Cumb Dunt

Anonymous said...

If she fucked with one cent of employee benefit money the Feds are gonna fry her ass. Given that the only thing that will get her charged is solid evidence, she might just hand her ass over and beg. I doubt she has shit to deal with.

Polar Bear said...

LOL.....the fallout from the "failed Ghetto Express" begins.

Anonymous said...

I can only imagine what kind of shady "deals" have been been cut all based on the streetcar expansions.

Or the mistaken assumption this thing was going to fly past voters with flying colors and that taxpayers would gleefully subsidize whatever rip off was rubber stamped with the recognizing an emergency rubber stamp.

Anonymous said...

White privilege.

Anonymous said...

The federal prosecutor got Wood.

Anonymous said...

Actually, the Busines Journal was more thorough than KSHB. Woods faces 6 million in fines, up to 30 years n one set of charges and up to 35 years on a second set of charges and they're far from finished with her. I think they're going to give her the opportunity to make a deal on this stuff and then sign off on all the lesser stuff.

Anonymous said...

What the fuck does this bitch have to do with "downtown"?

Anonymous said...

She really didn't know how to play the real estate game. Instead of lying to banks for loans she should have just bought some politicians and got everything she wanted.

Anonymous said...

Anyone following this story had to know this was coming,,She can sell snow to an eskimo,,,Dont think the feds are planning on building any igloos,,sad for all the people who lost money to somone who had no idea what they were do,,she should have stuck with what she knew,,,Cleaning toilets

Anonymous said...

I hope justice is served. Brenda Wood has hurt many people, and not just financially.