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More Nuru Fallout: Prominent Landlord Victor Makras Found Guilty of Bank Fraud

Summary by Ground News
Victor Makras was found guilty of bank fraud and making false statements to a bank. Makras worked with ousted Public Utilities Commission general manager Harlan Kelly to defraud Quicken Loans of $1.3 million. That scheme involved a home owned by Kelly and his wife, Naomi Kelly, San Francisco's former city administrator. The feds successfully argued that Makras guided Kelly in this scheme.

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SFistSFist
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More Nuru Fallout: Prominent Landlord Victor Makras Found Guilty of Bank Fraud

As we learn more about the terms of Mohammed Nuru’s prison sentencing, another big shoe drops  — SF real estate magnate Victor Makras has been found guilty in a bank fraud scheme involving former PUC chief Harlan Kelly. If you or someone you love has Makras Real Estate as your landlord, there may be some high-fives and delicious plates of schadenfreude in order. As SFist speculated yesterday in our coverage of Mohammed Nuru being sentenced to se…

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Mission LocalMission Local

Victor Makras, 'the guy in every room for every mayor' guilty of bank fraud

Real estate maven Victor Makras, a man described as “tied into the inner sanctums of San Francisco politics,” was today found guilty of bank fraud and

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Mission Local broke the news in on Friday, August 26, 2022.
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