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Tuesday, January 7, 2014

Menachem Stark Even deeper in debt than known


The Brooklyn slumlord whose body was found smoldering in a Long Island dumpster owed more than a million dollars to loan sharks, in addition to the millions he owed in real-estate investments, a partner told investigators working on the case.

Israel “Sam” Perlmutter a business associate of slain Menachem Stark  told detectives they owned money to characters who could be involved in the man’s abduction and brutal killing, according to law-enforcement sources.

The Post had earlier reported that the duo defaulted on a $29 million real-estate loan in 2008, an issue that was the subject of an ongoing court battle.

Law-enforcement sources said Monday that cops had obtained telephone records for Stark’s cellphone, office and home, and were poring over the logs to identify potential suspects.

Also Monday, Stark’s family increased the reward for information about his murder to $25,000.

“We beg you, whoever knows anything or thinks they know anything for your own sake, for the sake of your brothers and sisters, citizens of New York City, the human race come forward,” Rabbi David Niederman of the United Jewish Organizations of Williamsburg said.

Meanwhile, Perlmutter, 42, apparently went into hiding after talking to investigators, fearing Stark’s killers may be coming for him next.

Law-enforcement sources said Monday that cops had obtained telephone records for Stark’s cellphone, office and home, and were poring over the logs to identify potential suspects.

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