By -NO AUTHOR-
Fox News’ Sean Hannity
Fox News host Sean Hannity is responding to news reports that he has links to shell companies that have spent $90 million purchasing houses across the U.S., and he says he’s under “attack” for investing in struggling communities.
As WND reported, Hannity was named as a client of President Trump’s attorney, Michael Cohen, last week. Hannity said his legal discussions with Cohen were focused on the issue of real estate.
“I’ve said many time on my radio show: I hate the stock market,” Hannity said on television. “Michael knows real estate.”
On Sunday, the London Guardian reported that it had reviewed thousands of pages of public records concerning Hannity’s investments.
“The records link Hannity to a group of shell companies that spent at least $90m on more than 870 homes in seven states over the past decade,” the Guardian reported. “The properties range from luxurious mansions to rentals for low-income families. Hannity is the hidden owner behind some of the shell companies and his attorney did not dispute that he owns all of them.
“Dozens of the properties were bought at a discount in 2013, after banks foreclosed on their previous owners for defaulting on mortgages. Before and after then, Hannity sharply criticized Barack Obama for the U.S. foreclosure rate.”
The Guardian also reported that Hannity had received support from the U.S. Department of Housing and Urban Development, or HUD. The shell companies formed in Georgia reportedly purchased properties in Alabama, Florida, Georgia, New York, North Carolina, Texas and Vermont. Hannity received assistance in securing $17.9 million mortgages with HUD-insured loans, which were originally guaranteed under President Obama’s administration and increased by $5 million under the Trump administration.
On Monday, Hannity posted the following response to his website, Hannity.com:
It is ironic that I am being attacked for investing my personal money Click to see the original article