Sullivan County, NY – Dmitri (Chaim Ben Dovid) Bediner, a Jewish refugee and survivor of a stroke, COVID-19, and brain surgery, is locked in a high-stakes property battle over an 8-unit bungalow colony in South Fallsburg, NY.
In 2023, a court approved the sale of the property for $970,000. Bediner, acting on his legal right of first refusal, was steered into a complex mortgage arrangement by Rabbi Joshua Glassman. Glassman facilitated a $560,000 interest-only loan through his company, Preferred Real Estate Management — carrying terms of 15% annual interest, equal to $7,000 per month, despite the property’s modest $30,000 yearly revenue.
Now, a shell company called Dacha Luxe LLC — allegedly formed by Glassman using an unauthorized employee credit card — is suing for specific performance. The lawsuit demands that Bediner hand over 100% ownership of the property based on an unverified claim that Dacha Luxe invested $275,000 toward its purchase. No supporting documentation has been submitted to the court.
The scheme would leave Bediner still liable for the predatory mortgage, while the company seizes full control of a property he maintained for over 25 years.
The previous judge in the case recused herself due to ties with involved parties. The matter is now before Hon. E. Danielle Jose-Decker, who is weighing evidence of predatory lending, elder exploitation, and financial manipulation.
A GoFundMe campaign is underway to support Bediner’s legal fight.
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By Yashmita -. Who profits when marginalized experiences become legible enough to sell? Source link
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