Molinaro Koger Refutes False Allegations Regarding Hotel Real Estate Sales
Firm to Continue to Pursue Eight-month Lawsuit to Identify Perpetrators of Theft, Break-in
June 6, 2011 - Officials of Molinaro Koger (MK), the global hotel-exclusive real estate brokerage, said they were taken aback by a lawsuit filed by Host Hotel & Resorts on June 3, 2011, accusing the firm of illegal activity in the sale or financing of three hotels. In addition, they announced that they continue to vigorously pursue legal action to uncover the persons or company behind a series of crimes against Molinaro Koger, including pretexting the company's accounts to illegally obtain financial records from the firm's banks, breaking and entering Molinaro Koger's office and stealing files and sending false and malicious correspondence to MK's clients.
"This whole event seems like the plot of a John Grisham novel, where we are the victims,” said Robert Koger, president of Molinaro Koger. “I am puzzled and disappointed by Host's baseless accusations.
“Among the various false accusations is the suggestion that Host had no knowledge of the transactions of which they now complain because it is belied by the fact that senior management at Host had complete knowledge of the transactions,” he said. “That their suit professes ignorance of Scioto Partners and falsely alleges some affiliation between Scioto and Molinaro Koger is inexplicable. Host knows full well that Mr. Lawyer and his company, Scioto, are real estate investors and that Mr. Lawyer and his partners have no affiliation with Molinaro Koger. Regarding the remainder of the false allegations, I defer to my counsel and will allow them each to be disproved through the litigation process Host has chosen to pursue.”
Koger said that Host's complaint will not deter Molinaro Koger from continuing to pursue its eight-month old lawsuit through which it has diligently pursued the identities of those who have stolen its confidential financial information, burglarized its offices, and taken other anonymous actions maliciously and falsely targeting it to other MK clients. “We have a signed confession regarding some of the activities and have won a significant discovery ruling in which the court has ordered a private investigation firm and its president to divulge who has financed these illegal acts and smear campaign. We intend to file charges against the perpetrators and restore our company's good name. Molinaro Koger will continue to provide the highest level of service to its clients in the hotel and hospitality industry as it has done for the past fifty-two years."
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