Despite those suspensions, critics claim the family’s companies have continued to buy and sell houses and rely on government-backed mortgages.
“When the feds shut down one operation, Parlato just reappears as someone else,” said Michael Kuzma, one of Olma’s legislative aides.
Parlato said his family signed the settlement agreements because there was no admission of guilt and they could not afford the cost of fighting the government in court.