Daily Archives: January 1, 2009

Did George Lindemann Jr. ever serve jail time? Update: By gosh, he did!

I can find no record that he did, but this NYT article from 1995 says that he was convicted of crimes carrying a minimum mandatory 15 month sentence and faced up to 15 years for having his show horse Charisma electrocuted. I find it entirely plausible that the son of a Greenwich billionaire would never see the inside of a jail cell, but if anyone with access to Nexus or any other source of definitive information can confirm how George made it from convicted felon to Miami art patron all without a detour to Ossining, I’d appreciate learning of it.

UPDATE: Here he is being sentenced to three years in January 1996. Did he do the time? We’ll keep looking.

UPDATE II: To my amazement, he seems to have been hit with time, even though he fought his conviction all the way up to the U.S. Supreme Court. He reported to prison in February 1996 and was still there when he permanently lost his appeal, as we lawyers like to say.

 In another ruling Monday, millionaire equestrian George Lindemann Jr. lost an appeal of his federal conviction for insurance fraud stemming from the 1990 electrocution of one of his horses. The court left intact his conviction and 33-month prison sentence, which he began serving in February.

Update III – 6 degrees of Kevin Bacon. Turns out that the father of John Edward’s mistress (she who bore his love child last year), a gentleman from Palm Beach named Druck, was a client of Tommy Burns, the same killer young George hired to electrocute Charisma up here in Conyers Farm. In fact, according to this story, Burns didn’t know how to do the job so Druck demonstrated the proper procedure. Absent that, George might still be a resident of our fair town and Miami would have lost a great benefactor. Isn’t life strange?

Druck doesn’t sound like a nice man. Besides being a crooked lawyer, the horse he electrocuted with Tommy Burns was his own daughter’s.

This Palm Beach newspaper says George served 18 months of his 33 – month sentence. And gave between $10,000-$25,000 to the ACLU to help in their fight to give Florida felons the vote. No doubt he was shocked to learn of his urban brothers’ disenfranchisement.

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Not every Greenwich builder is desperate, yet

I heard last night of a $5 million offer made on a newly-constructed house that has been on the market forever (which I define as more than a year). I was first astonished that anyone is bidding $5 million for anything right now, and then further astonished when I learned that the builder’s counter-offer amounted to, in effect, “take a hike”. My personal suspicion is that that builder will be crawling, not hiking, soon, but he obviously is in no financial distress and can afford to wait for his price, or thinks he can. 

I have been advising buyers to focus on new construction because builders are so financially vulnerable, but this is a good reminder that not all builders are in bad shape and won’t accept 80% offers. It’s also a reminder to both buyers and sellers that there are buyers out there. If you’re considering buying a house, don’t assume that you’re the only game in town. And if you’re a seller, realize that no one wants your house if they don’t see it as priced low enough to save them from another 12 month decline in prices. Adjust your behavior accordingly.

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