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Friday, January 17, 2014

Menachem Stark, Killed Over Single $20,000 Debt?


NYPD are eyeing a contractor who slumlord Menachem Stark owed big bucks as a possible suspect in the slaying of the Brooklyn businessman, sources said.

The contractor is connected both to the Dodge Caravan used to abduct Menachem Stark off a Williamsburg street earlier this month and to a cellphone physically attached to Starks own car, according to law enforcement sources.

Stark owed more than $20,000 to the contractor and authorities are looking into whether associates of the man may have abducted Stark, sources said.

Cops discovered the cell phone attached to the bottom of Stark’s last week and believe it might have been used to track the victim’s movements ahead of his abduction, law enforcement sources said.

Surveillance video captured the abduction of Stark near his real estate office during a blizzard on Jan. 2.
Stark owed more the $2 million dollars to loan sharks and business associates across the city.

He spent his final days repeatedly begging his associates for a six-figure loan and convinced a Borough Park developer to deposit $500,000 into an account for him, sources said.

Law-enforcement sources have said that Stark — who ran rental properties riddled with violations — may have been targeted for a professional hit by an unpaid creditor.

Stark’s family offered a $25,000 reward for information about his unsolved murder.

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