Philip C. Pulley, owner of Jenkins Court and the former Old York Road Skating Club in Elkins Park, has had a $60 million federal lawsuit filed against him by Fannie Mae over seven defaulted mortgages, the Philadelphia Inquirer reported.
According to the article, the lawsuit claims that the Pulley-affiliated real estate companies owe $59 million on loans and owe an additional $1.2 million in interest. The Inquirer noted that Pulley took out the mortgages associated with those loans “through a web of curiously named business entities — some with references to the devil.” Examples include Satan Management Corp., DeVil Management Corp., and Lucifer Management Corp.
Pulley’s Abington Township-based SBG Management Services, Inc. manages his properties in greater Glenside. In July 2023, The Office of Attorney General filed suit against SBG and Pulley.
On August 9, United States Attorney Jacqueline C. Romero’s announced that Pulley has been charged with falsely registering to vote, double voting, and election fraud. The Fannie Mae lawsuit arrived days before Pulley was expected to plead guilty.
A week ago, 8116 Church Road in Elkins Park, the Pulley-owned former site of the Old York Road Skating Club, went up for sale. His suspicious landlord activities were profiled by the Philadelphia Inquirer earlier this month.
Pulley, 62, lives in Stonewall Manor, a gated estate in Huntingdon Valley.
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