Questions Remain on Carlucci Finances

Last week we showed you that Carlucci bought a new house for $472,000 and got a mortgage for $378,000. That means he put $94,000 down on the house. But the forms he filed last year said that he had no more than $25,000 saved up.

Here’s what he showed as assets:

Sharebuilder.com portfolio - $5,759.21

Thrift Savings Plan – $5,000-$19,999

HSBC Interest Income – $1-$999

Lauren Carlucci’s salary as a teacher at The Moriah School in Englewood was between $50,000 and $74,999.

They also have a Hartford 457 Deferred Comp account worth somewhere between $75,000 and $99,999 and a NYS Deferred Comp account worth somewhere between $20,000 and $49,999 but those can’t be used to pay for a house.

So the questions is where did they get $96,000 to pay for a house?

--CD