Kenneth J. Conner Qui Tam whistleblower lawsuit
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Kenneth J. Conner Qui Tam whistleblower lawsuit.Conner, a former employee of Mutual Bank of Harvey, was asked to do an appraisal review of the lot the Rezkos purchased in June 2005 for the full asking price of $ 625,000. Adams Valuation Corp. had appraised the lot earlier for $ 625,000. After review, Kenneth J. Conner concluded, based on comparable properties, that the lot was worth $ 500,000. An appraisal requested by Barack Obama by Howard B. Richter & Associates on November 21, 2005, near the time of Conner’s evaluation, determined the value of the lot to be $ 490,860. The Obama’s purchased one sixth of the lot in 2006.From the original Conner lawsuit filed in 2008:16. In 2007, Conner observed that his ARR of the 5050 S. Greenwoodproperty was not in the Rezko 5050 Greenwood loan file and in it’splace was the Murphy Checklist purportedly dated “06/15/2005.”…On June18, 2007, Conner sent an email to James Murphy which provides, inpart, “I spent time trying to track down work of mine that should bein a particular high profile loan file, though it is not–having beenreplaced by a checklist.”17. In October, 2007, Conner had various communications with MutualBank’s Human Resources Department representative, Lana Schlabach. Inan email communication of October 15, 2007, Conner directly referenced“Resentment over my mentioned discovery of the removal/replacement ofan appraisal review that I conducted. That appraisal review containedsubstantial observations and suggestions. The transaction and partiesinvolved were high profile in the media.I am under the impression thatthe FBI has since looked at the file.”18. On October 23, 2007, eight days after Conner’s October 15, 2007email to Schlabach attached as Exhibit J, Mutual Bank terminatedConner’s employment for pretextual reasons.
Transcript of Kenneth J. Conner Qui Tam whistleblower lawsuit
