Barack Obama: Tax Fraud?

Jerome R. Corsi, WND.com

The “buffer zone” parcel at the Obama family mansion in Chicago’s upscale Kenwood neighborhood purchased by the wife of convicted felon Tony Rezko was transferred to Barack and Michelle Obama without ever being assessed or taxed, in apparent violation of Illinois law, according to a debt-collection expert.

“The Cook County assessor’s office told me that there is no record of any tax assessment having been done on this transfer of the buffer zone property into a Northern Trust Co. Deed in Trust,” Albert Hendershot told WND.

Hendershot, president and owner of Innovative Portfolio Recovery Inc, a debt collection and skip tracing company based in Birmingham, Ala., noted the buffer zone “does not have an address attached to it, which is probably how the assessment and tax were avoided.”

Hendershot was the previously undisclosed source for the April 20 WND story “Why do 3 supporters own Obama’s home?”

He noted that the records of the Cook County recorder of deeds shows that the buffer zone parcel was deeded by Rita Rezko to Northern Trust No 10209, a real estate investment trust. A trust was created for the Obamas to give them “a measure of privacy,” then-Obama spokesman Bill Burton told the Times of London during the 2008 presidential campaign. Records of the Obama trust established for the mansion have been made public here. However, Northern Trust No. 10209 is actually a bundle of a number of different properties, and the public documents do not explain the legal transfer processes by which the deed for the Obama mansion was bundled into Northern Trust No. 10209.


Exhibit 1: “Buffer zone” deed transfer by Rita Rezko to Northern Trust Co.

WND has confirmed with the assessor’s office that there is no record of a tax assessment on the parcel Rezko sold to the Obamas, and a search of the assessor’s database online using the property’s PIN produces no results, as seen below.

Hendershot explained that the buffer zone added 1,907 square feet to the Obama house lot, creating a total of 12,047 square feet for the lot containing the mansion, which is property identification number, or PIN, 20-11-115-037-0000.

“Even if the transaction were considered absorbing the buffer zone into the larger property that the Obamas bought,” Hendershot said, “that would have constituted two separate transactions for the same parcel – the transfer to the Obamas and the absorption of the buffer into the larger property – without a proper tax assessment being completed on the property in question.”

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Comments

  1. I love the Magical Misery Tour name for the bus trip to listen to us plain folks in the heartland….

    • Yet Obama expects the American people to pay taxes of ALL kinds, even down to a 1% tax on every and that's EVERY transaction that you have your bank do (if he has his way) in the near future. And he can get by with this kind of tax fraud? Something stinks here!

      • Yes, we are supposed to go without any raise or cost of living increase, while they all enjoy their vacations, raises, great health insurance and so many other perks. Old people will quietly make it go around the best they can and not make a scene. That's what they were taught. But the younger, rich set; want it all. They have tried everything on us, what is next.

    • alegalcitizen says:

      Well, I am going to complain, since I also own along with the rest of you the damn bus, I DON'T LIIKE THE BLACK COLOR, IT IS RACIST, LMAO.

  2. Let's call it the buss tour the "Paper Trail" … and let all his documents be exposed.

  3. Boy, this illegal Kenyan negro is not only a fraud, but he is getting to be a MENACE!!!

    All of Congress is rotten to the core. ALL OF THEM! Letting this illegal unqualified negro run this country.

    • ALL AMERICAN says:

      The only reason Slobummer isn’t impeached is because it will make Congress look bad. Get some huevos ladies and IMPEACH !!!

      • ALL AMERICAN says:

        Oh wait… I forgot… Everything is okay — It’s only global warming.

      • I would think it would make congress a hero to the country for getting rid of this bum.

      • MORE LIKELY CONGRESS KNOWS IT WIPES OUT THE PAST THREE YEARS, AND LEAVES THE ENTIRE EXEC. BRANCH TOTALLY VACANT BECAUSE BIDEN GOES TOO. ALL DONE UNDER OBAMA BECOMES NULL AND VOID WITH MANY TRIED FOR SUBVERSION, TREASON, AND LIKELY SPYING, AND ESPIONAGE. ONE BIG CAN OF WORMS.

    • Vernon Clayson says:

      But he isn't a Negro, his mother was white, and depending on his own characterization of his father, his dark side, no pun intended, he's more Caucasoid than Negroid. Not saying his race matters much to most Americans but it sure does to him, whatever the issue he and his backers fall back on his race as his hole card. I heard him speaking today, he does have that black preacher's timbre in his voice, but that doesn't matter either, what's odd is that he's in the Midwest telling audiences, very carefully selected audiences, that we have to take the nation back from Washington (DC) – missing the point, I guess, that as President of the US, he IS Washington (DC).

    • Unqualified to be, but worse Unconstitutional. He is not even a citizen of this nation antwat yoyu can become one. his total bio is fraud, and he is no better than any other alien living here illegally and sponging off the taxpayers. except the Obama's live high on the hog. And I agree every member of Fed. Gov't aids and abets their crimes if they do nothing to bring them to justice.

  4. obama a tax cheat ? Just cover it up, like all his other fraudulent schemes and high crimes.
    If you or I were as dishonest as this dispicable fraud, they’d throw the book at us. ( corruption rules )
    You go obama, you must be just so proud of your accomplishments.

  5. Derek Neuhauser says:

    When you have a white house FULL of tax cheats (ex: Geithner) … then what more would you expect.
    I firmly believe, if the ENTIRE truth is finally told, Barry Soetoro (aka Barrack Obama) … WILL have a Rap Sheet that will rival Al Capone, Baby Face Nelson,and all the Mayors of Chicago combined. Too bad there won’t be a democratic free enterprise capatalistic country to prosecute him.

  6. Vernon Clayson says:

    Maybe it's a national monument or will be, plus the Secret Service can probably use the space for the hundred or so of them that provide protection for Obama. Chicago will do nothing about this because it would open the proverbial Pandora's Box, there's probably thousands of such lots all over Chicago. And I'm sure the politicians don't want to give Chicago a bad name by outing one of their own as a tax cheat.

  7. Why should anyone be surprised? Obama is probably going to invoke executive priviledge and Holder will back him up. (the fox and wolf guarding the hen house)

  8. With so many constant violations at every level, WHY is he still in office? Is EVERYONE afraid of him or what?

    • Wondering Woman says:

      The why's start with an a, but it's not afraid -it is called aiding and abetting, which is also a crime!

  9. Just another Illegal act by this Illegal president. How much more can we take? This fraud is a disgrace to America !!

  10. There was a third name shown on the records for that property, and taxes being paid by at least two of them, neither being Obama…but then if one has a phony social security number and a non-existent birth certificate, no college records, etc., is this supposed to surprise us?? If you add up all the goodies, he should be in jail, not the White House—but that will never happen.

  11. All we have to do is look at who and why they voted him in. The election was not legal and nothing else was either. When will anyone care what is happening to the "home of the brave". So many don't even know what sex they are, let alone what is happening to their beloved gift giving America! You had better stop and think it over.

    • alegalcitizen says:

      SO TRUE, my son started dating a very attractive young woman age 26, she informed me after my asking who she voted for, that she voted for Obama & told me, because he was black?? UNREAL, STUPID oppositional IDIOT, thankfully my son doesn't date her anymore.

  12. Global Warming, that's another farce that they tried to force down our throats as we choked almost to death. They try every simple minded trick, thinking we are just a bunch of idiots. Well, we're not. We know what you are up to and why. We want our country left alone in white man's language. NO CHANGE of any kind for us!

  13. We should get him on tax fraud and treason.

    • alegalcitizen says:

      Right, remember that is how we got Al Capone, couldn't get him for all the murders etc. but sure did on the tax situation.

  14. Dave Cummings says:

    How many more felonies on this maggot do we have to uncover before some one does something about it? Are there no law abiding representatives in Washington, or are they all felons? I am beginning to wonder…..

  15. Look at the whole picture, he was taught by Cowan & Pivin how to break this country down financially and he is doing it. He tells us one thing and does the opposite, anything to break us. He wants to be the Chavas of America so he can call for Marshall Law and become dictator. Study it you will see exactly what he is doing one step at a time behind our backs to each segment of our government. Every opportunity he gets he is appointing some radical person to an office curcumventing Congress, sooner than later there will be no Congress, that is where he is heading. We must fight by explaining everything to his followers, they are being dupped and are not aware. If he is not impeached, the 2012 elections will be rigged, just like 2008, call your Congress persons before it is too late, fax them, and do it every week, oppose everything he is doing, let them know how you feel.

    • They know how we feel by many faxes, emails and calls from all over the country. Has it done any good, well we can answer it quickly with a big 'HELL NO.' Warning, get your house in order, stock up on all supplies.

    • Congress is already a joke. They just don`t know it yet.

  16. You can't give a give a car away without somebody paying taxes on it!

  17. I'd like to know a couple things. Why in the world is all this comiing out now on this guy after almost three years of lies, Czars, Muslim,, fraud, cheat, birth certificate, etc. Surely, this isn't all new to everyone yet no one reported it….WHY? We put up with this and no one has done a darn thing about it. This blows me away and doesn't seem real to me and so weird. Joe Wilson is the only one that had the nerve to yell in front of Congress,
    'you lie' yet he ended up apologizing. Palin was preaching most of it of Obama all along but no one paid much attention. What kind of people do we have with the GOP's or Senate..are they trailtors they don't even speak up any more. Well you get my drift, I'm just rambling now, I'm so angry. By 2012 he'll end up finishing the job of destroying America as he and his co-horts have planned from the beginning.

    • Perfectlyaged says:

      I emailed my Senator…Tom Coburn…and told him of the proof I had concerning the illegibility of Obama and also his many social security numbers. Senator Coburn emailed me back and said he had no concrete proof of myt allegations. They are all weasels and are afraid to bring any charges against Obama. It is going to take a revolution to get Washington to act!

      • You are exactly right on that. When the birthy proof came out, I wrote my Senator and asked him how he was going to handle this. He wrote me an email back stating this is all lies without any proof to back it up, because President Obama is an American citizen. Do they all have brain fog and just brain dead.? More so in my book what are they afraid of and what are they hiding?

    • PTCRUISERMAN says:

      Coming out now! It is nothing new…it is old news! I was telling people better than 3 years ago not to do it…and now they see what we have got!
      I am one of many that the present administration has labled right wing extremist,have my Bible, my gun, and my Bill of Rights…and damn well plan on keeping all.
      I saw two years ago that Congress was not going to stand up and do their job. Lol! They are waiting to see which side they are going to jump on to save their arses. Now I have a couple questions in parting and hope people reading your replys catch this.
      #1. Rick Perry had a chance to stand up for Americans in his state of Texas, against Obama, Holder, and the TSA…….and what did he choose to do? Was he blackmailed or was he bought? Draw your own conclusion!
      #2. How can "we the people" expect our so called leaders to balance the budget, when they are the same leaders who bankrupted it in the first place? Just some thoughts from an old man……..

    • stillmoral says:

      You are so correct. He is one of the most evil corrupt men I have ever known of.

  18. This kind of action shows how dishonest Obama is. In my view he is what is called a scum bag.

  19. Sick&tired says:

    The thing to fear is the coming insurrection. Once the riots really begin because the unions are no longer able to pay their humongous retirement benefits and the police and firemen stop doing their jobs….all Hell will break loose and Obama will declare martial and start rounding people up and putting them in those FEMA camps. The police and his brown shirts will do this because they will be fed by the food the government is stockpiling.
    People it' is going to get very ugly….get to a safe place preferably out of a city. And do it soon.

  20. giegie : The reason is due to the fact that Obama's Polls have sunk to such negative numbers, (Forty-two percent (42%) Strongly Disapprove, giving Obama a Presidential Approval Index rating of -22 ) that the Globes' are now ready to throw Barry Barack Soetoro Obama's ass under the, "Magical Mystery Tour Bus", in favor of their new boy toy scum, "Rick Perry"!

    Re: http://www.americanfreepress.net/html/perry_bilde
    Texas Gov. Perry Bilderberg’s Ace in the Hole?

    By James P. Tucker Jr.
    Is Texas Gov. Rick Perry the Bilderberg group’s Republican candidate-in-waiting in the 2012 presidential race? The shadowy globalist group is scheduled to meet secretly behind locked doors over the weekend of June 9-12 in St. Moritz, Switzerland, and AFP will be on location to cover it.

    • Perry has attended a Bilderberg meeting. In June 2007 Perry attended the Bilderberg confab in Istanbul, Turkey, making the mandatory promise of secrecy and to follow orders. At the time, Perry was chastised in the newly aroused independent press.
      It is known that Perry is a longtime, unwavering supporter of the NAFTA Superhighway and related infrastructure projects. These pave the way for the Bilderberg-supported North American Union proposal that would merge the U.S., Canada and Mexico.
      Full Article: http://www.americanfreepress.net/html/perry_bilde

  21. What's surprising about that? He's a muslim infiltrator who happens to be President and he believes he's above the law. He makes laws that are un-Constitutional. Can't get a Social Security number varified. Won't verify his place of birth after showing a forged document. Spends more time on vacation or playing golf. Ahhhhh….I can go on and on so tell me….what's so surprising about this? He's a crook, liar, thief and he's YOUR President not mine.

  22. He is a Chicago gangster that believes he was above the law then and still thinks he is above the law now.. He needs a wake up call… Fraud and perjury only go so far and it is time……

  23. Respected former Military Intelligence officers have confided in me that Obama has a record of check and credit fraud as well as male prostitution.
    Will some reporter please ask how Obama traveled to Pakistan on a US passport at a time when Americans were not allowed in that country?
    Prentiss Davis

    Truckee, CA

  24. Tthis has been long known. Not something suddenly discovered. It would be easy to say neither Obama has lived ione honest day in their adult life. I can't think of any couple thrioughout history more dirty than they are. they make Bonnie and Clyde look like saints.

  25. Obama is a crook? I’m shocked.
    (Not really).

  26. While hiking down along the border this morning, I saw a muslim wearing a "I ♥ Obama" shirt fall into the Rio Grande River ; he was struggling to stay afloat because of all the guns and bombs he was carrying. Along with him was an illegal Mexican wearing a shirt which said "I Voted For Obama" who was also struggling to stay afloat because of the large backpack of drugs that was strapped to his back.

    If they didn't get help, they'd surely drown. Being a responsible Texan and abiding by the law to help those in distress, I informed the El Paso County Sheriff 's Office and Homeland Security. It is now 4 PM , both have drowned, and neither authority has responded. I'm starting to think I wasted two stamps…

  27. (EGYPT?) 12-year old Christian girl, kidnapped, tortured, and brutally gang raped by Muslims
    Posted: August 15, 2011 | Author: barenakedislam | Filed under: Persecution of Christians | 25 Comments »

    Whatever the country, this girl was repeatedly raped by at least 50 Muslim men over a month’s time. When she finally got out and went to the police, they beat her as well and treated her like a prostitute.

    • What can you expect from people that go around in circles and lip lock a rock. And a little pig fat ruins their day.

  28. Mary Sinclair says:

    I am not surprised at any amount of corruption that this man is involved in! All about him & screw the country! It is unbelievable the criminal acts he continues to get away with! At OUR EXPENSE! Impeach him!!

  29. Betsy K. Larsen says:

    Barrack HUSSAIN Obama. What I can’t figure out is how did so many MISS the muSLIME bend to that name, and after SEPTEMBER 11, 2001, HOW DID THEY FORGET? HOW COULD THEY? New York. The very place where this attack, ATTACK AGAINST AMERICA HAPPENED, and New York was one of the biggest supporters of this muSLIMEY BASTARD!!!!! And New York is where the insulting dump of a terrorist training camp……(mosque) is today being built……….I have never understood how this happened! No such thing would have ever crossed anyone’s mind, NO SANE AND PATRIOTIC AMERICAN would have even THOUGHT to VOTE IN A JAPANESE SOUNDING NAME INTO THE OFFICE OF PRESIDENT AFTER SUCH A DASTERDLY ATTACK, DEADLY AND WITH MALICIOUS INTENT!!!! No, America votes for the ENEMY and WATCHES AS SHE DIES AT HIS FILTHY HANDS!!!! What more clue did the American People need to see what was right in front of them? How much more CLEAR did they need it? And have they cleaned out their ears yet, and wiped their noses clean, so as to hear and smell the 3)(%#(*& which is so obvious that even a blind, deaf and dumb person could see, hear and scream DANGER TO ALL!!!!! And is he a tax cheat? With the other laws he has broken and stomped upon, this should be no big shock, to anyone! It is small potatoes when the rest is shown openly. We do not need someone to tell us that he is a disaster, and a criminal, we can see it and hear it and FEEL it ourselves. The only thing that I DON”T Blame him for is this weather! But, that’s about the only thing! so is it gonna be the Almighty muSLIME in office again, to finally attain his ultimate goal, and then look at our country and say with pride and pleasure, “My work here is done”! ??????? Are we going to allow this? Sick and Tired has a valid point, the Coming Insurrection. The Second American Revolution………yes, it CAN happen in America folks, angry white and black folks get togather and this could be very unpleasent………………..if things don’t change soon.

  30. Donald Trump has stated publicly that most muslims are wonderful
    people. In my book he now has zero credibility.

  31. By Aaron Klein
    © 2011 WND

    A liberal activist group funded by philanthropist George Soros has reached out to some advertisers of Donald Trump’s hit television show, “The Apprentice,” claiming Trump is engaged in “malicious attacks on our president.”

    On its Twitter feed yesterday, the Think Progress blog sent public messages to two companies that advertise on “The Apprentice” – Enterprise Rent-A-Car and Groupon.com. The blog asked each company, “Are you going to continue to sponsor The Apprentice and support Donald Trump + his malicious attacks on our president?”

    (Comrade George Soros is on the attack again. Raymond)

  32. Keith Richard Horton says:

    I'M PROUD TO BE AN AMERICAN BUT THIS IS GETTING TO BE A DISGRACE, A TOTAL MOCKERY OF WHAT THIS COUNTRY WAS FOUNDED ON, "HONESTY AND HARD WORK……. "
    BARAK HUSEIN OBAMA IS A RACIST BASTARD OF THE WORST KIND."
    WE WERE CREATED IN GODS IMAGE, ALL THE SAME HEART, MIND, FEELINGS.
    ———JUDGE NOT LEST YE BE JUDGED IN THE SAME MANNER———-
    ————————–AND HE SAYS HE IS CHRISTIAN!!!—————————

    —-THERE WAS A BIGGER DEAL ABOUT CLINTON GETTIN HEAD IN THE OVAL OFFICE!!!!!!!!!!!!!!!
    —–IT FEELS LIKE WE ARE LETTING THEM TAKE OUR FREEDOM AWAY,

    I FEEL LIKE I'M BEING LED DOWN A DARKENING PATH WITH NO HOPE IN OUR LEADER

  33. Navy: Sub Crew Was Encouraged to Cheat

    August 16, 2011
    Associated Press|by Michael Melia

    HARTFORD, Conn. — When the Navy discovered an exam-cheating ring aboard one of its submarines, it swiftly fired the commanding officer and kicked off 10 percent of the crew.

    Navy officials describe the case aboard the USS Memphis as a rare lapse in integrity, but some former officers say the shortcuts exposed by the scandal are hardly unique to a single vessel.

  34. florida subshine says:

    HAS ANY ONE HAD ANY ONE SAY THEY VOTED FOR HIM I HAVE NOT I VOTED FOR THE WHITE GUY AND THE HOTTIE
    JUST HOW THE HELL DID HE GET INTO OFFICE
    WITH ALL HE HAS DONE TO OUR ONCE GREAT COUNTRY AND NO ONE DOES ANY THING ABOUT IT
    IF THE UNION THUGS ARE AT THE POLLING PLACES IN 2012 WHICH THEY WILL BE JUST CALL THE COPS AND SAY YOU SAW A GUN PROBLEM SOLVED

  35. That's ok ! I'm sure they will find that it was a mistake on there end & totally vindicate our commander & chief ! WINK , WINK !
    We know he does everything by the book ! LOL !

  36. Keith Richard Horton says:

    —————————-I'M PROUD TO BE AN AMERICAN BUT OBAMAS WIFE ISNT APPARENTLY————————-
    [youtube xMlOKvTZcqM http://www.youtube.com/watch?v=xMlOKvTZcqM youtube]

    ("FIRST TIME I'VE LOVED MY COUNTRY") <<<<<<WHAT AMERICAN SAYS THAT?

    ——————————————-(OBAMA CALLS CAUCASIANS WHITEY IN THIS)———————————————
    [youtube r8gnmUyminI http://www.youtube.com/watch?v=r8gnmUyminI youtube]
    ——————————HE IS A RACIST BUT PROCLAIMS CHRIST AS HIS LORD AND SAVIOUR————————-
    —GOD MADE US IN HIS OWN IMAGE, THIS COUNTRY WAS FOUNDED WITH ALL MEN ARE CREATED EQUAL–
    ———————————-AND JESUS GODS SON DIDN'T PASS JUDGMENT ONTO OTHERS—————————
    —————————————JUDGE NOT LEST YE BE JUDGED IN THE SAME MANNER———————————-
    ————————-EPLURIBUS UNIM, OUT OF MANY ONE, AND OBAMA IS THE BEST CANIDATE?——————–
    —————–I THOUGHT BEING AN UPSTANDING CITIZEN WAS THE MAIN QUALITY FOR A LEADER—————-

    I'M PROUD TO BE AN AMERICAN BUT THIS IS GETTING TO BE A DISGRACE, A TOTAL MOCKERY OF WHAT THIS COUNTRY WAS FOUNDED ON, "HONESTY, HARD WORK, AND A CHANCE OF A NEW LIFE.

    ("NOT TO MENTION ALL OUR FOREFATHERS AND CURRENT FAMILY FIGHTING FOR PEOPLES FREEDOMS")

    I PLEDGE ALEGANCE TO THE UNITED STATES OF AMERICA AND TO THE "REPUBLIC WHICH IT STANDS", "ONE NATION UNDER GOD", "INDIVISIBLE", "WITH LIBERTY AND JUSTICE FOR ALL"

    —————————————WE HAVE TO STAND UNITED AND FIX THIS GRAVE ERROR——————————–

  37. Are we looking for ways to hold Obama accountable? I wished someone would DO SOMETHING….I can't help but wonder who is suffering and what they must be going through. I really can't stand for the people to be mistreated any longer! What will it take?

  38. He can't pardon himself.
    When he is out of office, the time will come when we can investigate fully, and put his ass in jail.
    I can only hope. HOPE for CHANGE! yeah, that's the ticket…

    • Against-Obama says:

      Oh, please, let's not HOPE for any more change…let's just make it happen. I don't think I can handle any more 'change'.

  39. LibertyAtStake says:

    Well, if I were a bettin' man ….I'm all in!

    d(^_^)b http://libertyatstake.blogspot.com/
    "Because the Only Good Progressive is a Failed Progressive"

  40. If anyone will notice the picture of the great one (he thinks) he always has his middle finger up against his head and to me he is telling the citizens of the Country to fu-k off. He is self centered and out for one thing. He has his claim to fame by being the first African American to sit in the White House but he has done a rotten job, putting us deeper in debt, trying to destroy this country because him and his ape wife hate the United States. Time for him to go before he completely destroys this country,. I love my country, I am proud to be an American, but I am so ashamed of our Elected officials from the President (the great one he thinks) and the Congress, house and every other idiot liar who holds office.

  41. Quote : "He can't pardon himself. "
    " When he is out of office, the time will come when we can investigate fully, and put his ass in jail. "

    What you fail to realise is he will NEVER be out of office. Before the end of his next term he will declare martial law and invalidate the constitution. You will NEVER get him out of the white house. The people who put him into power( George Soros etc.) will make sure he stays there and there will never be anything done about that house in Chicago either.

  42. Richard J. Morrison says:

    Nothing will ever done….it will be swept under the rug……………

  43. cimerron sez:
    If this allegation is proven to be fact, O will be the next in the long line of tax frauds in this administration. I wonder when the people are going to awaken and press the House of Representatives for enmass impeachments.
    cimerron@charter.net

  44. Anyone else would be in prison, I want to know why there hasn't been a revolution to get his ass out of the Whitehouse? Everyone just sits by and watches it happen, but does absolutely nothing about it. Shame on U.S. I'm voting for Matt Snyder 2012, he seems like a real person, not a puppet..

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