Thursday, August 26, 2010

Mosque developer has suspicious funding


So how did the 2002 waiter become a real estate mogul who had $45 million to put down for the Burlington Coat Factory/future mosque? His associate says he is not to be trusted. Wonder why. Read over at My FoxNY.
With credit super tight, and prices plummeting, he paid $45 million for a 12-story commercial building in Chelsea that sold three years earlier for $31 million.
[SNIP]
El-Gamal, the waiter turned mogul, plunked down another $5 million as down payment on the Chelsea building.
"Something's up with that deal," Ken Brandman said. "Unless someone gave him a lot of money, or he won the lottery, than somebody else put up the money." 
So why are so many leftists reluctant to discover the origin of this money? 

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