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Sunday, May 23, 2010

DJSP Enterprises aka Law Offices of David J. Stern Major Share Holders Links to SBA Fraud.


WALL STREET JOURNAL...PLANTATION, Fla., May 17 /PRNewswire-FirstCall/ -- DJSP Enterprises, Inc., (Nasdaq: DJSP) one of the largest providers of processing services for the mortgage and real estate industries in the United States, today announced that Christopher B. Simmons has accepted the position of Investor Relations Manager, starting immediately. In this role, Mr. Simmons will be responsible for all aspects of DJSP Enterprises communications with the investment community.

DJSP is the largest provider of processing services for the mortgage and real estate industries in Florida and one of the largest in the United States. The Companys principal customer is the Law Offices of David J. Stern, P.A. . The Company has approximately 1000 employees and is headquartered in Plantation, Florida, with additional operations in Louisville, Kentucky and San Juan, Puerto Rico. The Companys U.S. operations are supported by a scalable, low-cost back office operation in Manila, the Philippines that provides data entry and document preparation support for the U.S. operation.

Name of Beneficial Owners DJSP Enterprises
David J. Stern 4,151,666 (3) 33.15 % Florida foreclosure attorney Vivien Lurlene is a graduate of William Mitchell College of Law (St Paul, MN), she became a member of the Florida Bar in 2004, see link click here, and currently she is an associate at the foreclosure mill of DJSP Enterprises, Inc aka Law Offices of David J. Stern, P.A., 900 S Pine Island Rd Ste 400, Plantation, Florida, call 954-233-8000.
Kumar Gursahaney 0 0
Juan V. Ruiz 0 0
Matthew S. Kayton 0 0
Mark P. Harmon 0 0
Nicholas H. Adler 0 0
Jerry Hutter 0 0
All Directors and Officers as a Group 4,151,666 (3) 33.15 %
Kerry Propper (4) 4,151,666 (3) 33.15 %
Royale Holdings(5) 4,151,666 (3) 33.15 %
Craig Samuels (6) 1,068,600 9.6 %
South Ferry #2, LP (7) 657,143 6.16 %


NASDAQ, DJSP Enterprises Major Shareholders David J. Stern (Law office Foreclosure Mill).  Major shareholder of DJSP Enterprises include Kerry S. Propper who is/was the Subject of Department of Justice Investigation And SBA Law Suit, see link click here.  Richard D. Propper is also involved with DJSP Enterprises, Inc aka Law Offices of David J. Stern, P.A., 900 S Pine Island Rd Ste 400, Plantation, Florida.


People Filing Results SEC - RICHARD D. PROPPER
Form Type Company Name Received;
20-F DJSP ENTERPRISES, INC. 4/8/2009
F-1/A DJSP ENTERPRISES, INC. 8/6/2008
F-1/A DJSP ENTERPRISES, INC. 8/5/2008
F-1/A DJSP ENTERPRISES, INC. 8/4/2008
F-1 DJSP ENTERPRISES, INC. 7/30/2008


U.S. sues to regain fraud loss for SBA: $32 million allegedly was funneled to private firms; Article date:December 30, 2006. The U.S. Justice Department filed a civil lawsuit in Philadelphia yesterday against imprisoned Princeton financier John B. Torkelsen, California businessman Richard D. Propper, and Connecticut lawyer Daniel P. Beharry for allegedly defrauding the Small Business Administration of $32 million. The former Main Street Bank in Philadelphia, predecessor to Sovereign Bank, also was named as a defendant.

THE U.S. SMALL BUSINESS ADMINISTRATION  : CIVIL ACTION 2008;

Summary judgment against Defendants Richard D. Propper, Kerry S. Propper, P. Timothy Garton, Michael D. Chermak, Charles R. Smith, and Kenneth M. Borrow (collectively, “Individual Defendants”) and Acorn Connecticut Investments, L.P. (“ACI”) (collectively, “Defendants”).
(1) Judgment in favor of Plaintiff and against Defendant Acorn Connecticut Investments, L.P. in the amount of $1,161,333.33, plus accrued interest at $183.56/day after July 15, 2008;
(2) Judgment in favor of Plaintiff and against Defendant Richard D. Propper in the amount of $222,443.87, plus accrued interest at $35.16/day after July 15, 2008;
(3) Judgment in favor of Plaintiff and against Defendant Kerry S. Propper in the
amount of $43,333.33, plus accrued interest at $6.85/day after July 15, 2008.


Kerry S. Propper is a major shareholder (I/3 of all stock) in DJSP Enterprises, Inc aka Law Offices of David J. Stern, P.A., 900 S Pine Island Rd Ste 400, Plantation, Florida.


This Statement,Statement of Beneficial Ownership, is being filed by David S. Stern, the Law Offices of David J. Stern, P.A.; Filed 01/25/10, The following persons (the “ Principals ”) are parties to the Voting Agreement and beneficially own, in the aggregate, the 4,151,666, Ordinary Shares reported in this Statement of DJSP Enterprises;
1). Kerry Propper (302,907 Ordinary Shares and 377,968 Ordinary Shares underlying the warrants).
2). Dr. Richard D. Propper (186,528 Ordinary Shares and 400,000 Ordinary Shares underlying the warrants).

Business License Certificates Opened During the Month of March, 2010 at the 954-233-8000 phone number are;
DJS PROCESSING LLC 900 S PINE ISLAND RD 33324 954-233-8000 Real Estate Broker/Appraiser/Office
DJS PROCESSING LLC 8100 SW ST #2900 33324 954-233-8000 ext 1625 Real Estate Broker/Appraiser/Office

Foreclosure attorney Vivien Lurlene who works for the David J. Stern Law office in Plantation Fl is also a real estate agent who works for Vistas International Realty 2601 S Bayshore Dr 1520 Miami, FL.  Vivien L. Lurlene is one of a number of Miami Realtors who works in the Miami, Florida office of the Vistas International Rlty real estate brokerage.

Foreclosure attorney Vivien Lurlene has her own website to list foreclosed homes for sale in the Miami and Miami Beach area see  www.vivienlurlene.miamire.com to contact foreclosure attorney Vivien Lurlene on her website click here.

House Flipping Makes A Comeback In Florida, Foreclosed Homes Sold On Court House Steps for Cash, David J. Stern Law Office Forecloses, Buys and Flips for Profit, FBI Needs to InvestigateAn ex-employee of the Law Offices of David J. Stern of Plantation has contacted me, Bill Warner, in response to the article I posted on Monday, May 18, 2009, that followed up on the Tampa Tribune article of April 2008, (see above), it appears that what I had claimed about “sewer service” by Pro Vest LLC in Tampa Fl (working for the Stern law office) is just the tip of the iceberg.

It appears from this ex-employee of the Law Offices of David J. Stern of Plantation that Pro Vest, the process service company in Tampa, also had an office in the same building as the Law Offices of David J. Stern in Plantation and that “sewer service’ was done all the time and if needed Provest would pre-date the service of summons to make it appear that you had already been served and allow Stern to put your foreclosure case on a “rocket docket’ to get the house up for sale on the Court House steps (David J. Stern Law Office appears to have severed ties to Pro Vest).

Then the sales girls in the Stern office (a lot of the associate attorneys at the Stern Law firm have real estate licenses) would contact outside buyers and inform them of the exact time and date of the “court house steps sale” and tell the outside buyers what the correct amount to bid that would be approved by the bank and the court,(this is ”bid rigging”).


A recent hire by the Law office of David J. Stern is Attorney Vivien Leora Lurlene who also has a Real Estate Sales License in the State of Florida, I have no knowledge of her involvement in the ”bid rigging”or any other illegal activity at the Law Office of David J. Stern. These outside buyers contacted by the sales girls at the Stern Law office would resell these super low bargain houses purchaed on the Court House Steps for a profit and pay off the sales girls in the Stern Law office for the tip.

Bill Warner Private Investigator, SEX, CRIME, CHEATERS & TERRORISM