Canyon Partners News - Madoff, Press Release

More about Worse Than Madoff

These Michael Milken disciples from their Drexel Burnham days have perfected the loan-to-own method of lending through their construction lending platform at Canyon Partners. Loan after loan is repeatedly declared in default early and often, mistreating borrowers in an effort to, at a minimum, charge excessive default interest and fees. But repeatedly, they steal borrowers' entire properties through extortion, deeds-in-lieu of foreclosure, and foreclosures.

These Michael Milken disciples from their Drexel Burnham days have perfected the loan-to-own method of lending through their construction lending platform at Canyon Partners. Loan after loan is repeatedly declared in default early and often, mistreating borrowers in an effort to, at a minimum, charge excessive default interest and fees. But repeatedly, they steal borrowers' entire properties through extortion, deeds-in-lieu of foreclosure, and foreclosures.

These Michael Milken disciples from their Drexel Burnham days have perfected the loan-to-own method of lending through their construction lending platform at Canyon Partners. Loan after loan is repeatedly declared in default early and often, mistreating borrowers in an effort to, at a minimum, charge excessive default interest and fees. But repeatedly, they steal borrowers' entire properties through extortion, deeds-in-lieu of foreclosure, and foreclosures.

Canyon Partners' foreclosure history is documented in their own quarterly reports which they have recently alleged are copyrighted. That is the only excuse they could muster to try to prevent their reports from becoming circulated publicly. In reality, Friedman and Julis boast of foreclosing on borrowers and deem foreclosures to be "successes" in their own financial statements.

These Michael Milken disciples from their Drexel Burnham days have perfected the loan-to-own method of lending through their construction lending platform at Canyon Partners. Loan after loan is repeatedly declared in default early and often, mistreating borrowers in an effort to, at a minimum, charge excessive default interest and fees. But repeatedly, they steal borrowers' entire properties through extortion, deeds-in-lieu of foreclosure, and foreclosures.

These Michael Milken disciples from their Drexel Burnham days have perfected the loan-to-own method of lending through their construction lending platform at Canyon Partners. Loan after loan is repeatedly declared in default early and often, mistreating borrowers in an effort to, at a minimum, charge excessive default interest and fees. But repeatedly, they steal borrowers' entire properties through extortion, deeds-in-lieu of foreclosure, and foreclosures.

This book is part of an ongoing investigation into Canyon’s repeated victimizing of their borrowers. All proceeds go to Canyon Partners News, Inc., a 501 (c) (3) non-profit corporation dedicated to exposing the truth about the Canyon Partners’ operation.

These Michael Milken disciples from their Drexel Burnham days have perfected the loan-to-own method of lending through their construction lending platform at Canyon Partners. Loan after loan is repeatedly declared in default early and often, mistreating borrowers in an effort to, at a minimum, charge excessive default interest and fees. But repeatedly, they steal borrowers' entire properties through extortion, deeds-in-lieu of foreclosure, and foreclosures.

This book is part of an ongoing investigation into Canyon’s repeated victimizing of their borrowers. All proceeds go to Canyon Partners News, Inc., a 501 (c) (3) non-profit corporation dedicated to exposing the truth about the Canyon Partners’ operation.