Lou’s Financial Disclosure

Public office holders must file a Financial Disclosure Statement to comply with the Local Government Ethics Law.  Lou’s 2009 statement, which is public information,  shows these income sources:

  • Magazzu Associates, 1430 S. Lincoln Ave. Vineland
  • Cumberland County
  • Frank Scarpa Trust, Philadelphia
  • Obermayer Pension Fund, Philadelphia

The disclosure form does not ask for the income amounts.  Lou also notes he has an interest in these business organizations:

  • LA Associates – 12.5%
  • Magazzu Associates

And that he holds interest in these real properties:

  • 741 Landis Ave., Vineland
  • 4201 Dante Avenue, Vineland
  • Hance Bridge Rd., probably 4096, from an earlier filing

The notice states that these income sources do not include campaign contributions.

There has been speculation on this blog as to how Lou supports his family.  The Frank Scarpa Trust, it might be noted, is his wife’s family’s money.

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9 Responses to Lou’s Financial Disclosure

  1. Salary Sam says:

    Are the prior year’s disclosures consistent?

  2. mango says:

    The 2006 and 2007 disclosures were missing from COunty Clerk’s office, as I understand it. I do not know about 2008.

    The 2004 and 2005 disclosures do not show the Frank Scarpa Trust or Magazzu Associates as income sources. However, Louis N. Magazzu, P.C., is listed as an income source. On these disclosures, instead of Obermayer Pension fund, Obermayer Rebmann Maxwell and Hippel LLP is listed.

  3. Rev. Higgs Boson says:

    I smell fish…

  4. Salary Sam says:

    So this is the meager information that Knot Head keeps referring to as the reason Lord Lou should not make FULL disclosure of his financial affairs. Just the names. These disclosures seem almost worthless. Is Magazzu Associates his law practice?

  5. Salary Sam says:

    Anyone know what LA Associates is?

  6. It appear Lou only files disclosures when it suits him. The disclosures are anything but informative.

  7. vinelandvisitor says:

    interesting to note that tryagain a.k.a. lou the maggot never responds to issues of his compensation or naco rip off expenditures……must be hiding something.

  8. Lou is going to disclose that info in 30 days. Of course like tomorrow, 30 days never comes. It’s always 30 day from today. Lou is doing his best to blow smoke and divert interest away from his lies and subterfuge on this subject. And even though it took this site to get him to pay back this year’s expenses, Lou refuses to pay back prior years personal campaigning expenses.

  9. WaterLou says:

    Tryagain

    Aren’t you going to defend yourself on this issue?????

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