Sean Hannity is in hot water after The Guardian reported on Sunday that he has connections with a string of shell companies that have bought hundreds of homes in the U.S. for at least $90 million.
More than 870 different homes have been bought over the past several years through foreclosures and the Department of Housing and Urban Development. The homes ranged from mansions to smaller residences. They were spread across the states of Alabama, Florida, Georgia, New York, North Carolina, Texas, and Vermont.
Hannity’s name was attached to many of the shell companies that purchased the properties, a fact that his lawyer did not dispute in The Guardian’s original report.
Shortly after the report was released, Hannity issued a statement defending himself and the real estate purchases, claiming that they are helping struggling communities.
“It is ironic that I am being attacked for investing my personal money in communities that badly need such investment and in which, I am sure, those attacking me have not invested their money,” he said. “The fact is, these are investments that I do not individually select, control, or know the details about; except that obviously I believe in putting my money to work in communities that otherwise struggle to receive such support.
“I have never discussed with anybody at HUD the original loans that were obtained in the Obama years, nor the subsequent refinance of such loans, as they are a private matter. I had no role in, or responsibility for, any HUD involvement in any of these investments. I can say that every rigorous process and strict standard of improvement requirements were followed; all were met, fulfilled and inspected,” Hannity added.
After the news broke, Hannity’s real estate attorney Christopher Reeves told The Guardian that Hannity’s real estate dealings were confidential, and of no use to the public.
“I doubt you would find it very surprising that most people prefer to keep their legal and personal financial issues private,” Reeves said. “Mr. Hannity is no different.”
Hannity is currently under criminal investigation in New York for allegedly making deals with President Donald Trump’s attorney Michael Cohen. Hannity claims that their business together was no more than Cohen giving him informal real estate advice.
“I have occasionally had brief discussions with him about legal questions about which I wanted his input and perspective,” Hannity said.
Hannity’s involvement with Cohen was revealed during an FBI investigation that ended with a full-scale raid of Cohen’s office.
H/T: The Guardian