New York Attorney General Letitia James has filed a lawsuit against Jessica Vargas for fraudulently claiming control over the Housing Development Fund Corporation building at 13 Scholes Street, Williamsburg. Vargas allegedly created false documents, misappropriated over $442,000 in rent meant for the cooperative, and is trying to sell the building for personal profit. The lawsuit aims to remove her from the corporation, recover the stolen funds, and prevent her from engaging in related business in the future. The building was intended as affordable housing for low-income New Yorkers, which Vargas misused for her own gain.
"Jessica Vargas declared herself president of a building she had no claim to, exploiting New Yorkers for her personal gain while living over a thousand miles away."
"What was meant to be affordable housing for New Yorkers has now been manipulated into a Floridian's personal piggy bank."
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