Part 3/8:
Antar recounts that in 2020, James declared the Perrone Avenue property without any mortgage on her financial disclosures. However, subsequent filings in 2021 through 2023 showed two mortgages that not only appeared suddenly but also exceeded the property's value by approximately 200%. Such a stark discrepancy raised red flags, prompting Antar to order a title report and further scrutinize the property's records.
The investigation revealed that James bought the property with an unrecorded mortgage, signaling she did not disclose the full extent of her financial encumbrances. Moreover, the mortgages she did disclose to New York State were not reflected in the official property records, suggesting potential falsification or concealment.