The New York State attorney general has filed a lawsuit against Jessica Vargas, a Florida resident, for allegedly orchestrating a scheme to unlawfully control and profit from a low-income co-op apartment building in Williamsburg, Brooklyn. Vargas reportedly collected over $442,000 in rent payments and attempted to sell the property without legal right. Attorney General Letitia James emphasized the need to recover stolen rents and ensure the building remains available for low-income residents, highlighting the manipulation of affordable housing into Vargas' personal gain amidst a financial crisis.
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. That is unacceptable.
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