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Chris Carlson on SU & Weitsman
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[QUOTE="BillSU, post: 5467002, member: 6809"] First, I want to thank Dasher for his time, work and diligence in this matter and for informing me of the difficulties he was facing with all parties. I appreciate his honesty. He is a good man. I am a little surprised no one has mentioned what AW did in 2004 before getting involved with Syracuse University and Syracuse Basketball. Trust is the issue here. First, his education: In 1986, Weitsman graduated from Owego Free Academy. Weitsman majored in banking at the C.W. Post Campus of [URL='https://en.wikipedia.org/wiki/Long_Island_University']Long Island University[/URL] in Brookville.[URL='https://en.wikipedia.org/wiki/Adam_Weitsman#cite_note-:1-2'][2][/URL] In 1989, Weitsman worked at a Manhattan art gallery, Hirschl & Adler Folk, and opened the American Folk Art Gallery in [URL='https://en.wikipedia.org/wiki/Greenwich_Village']Greenwich Village[/URL] in 1991.[URL='https://en.wikipedia.org/wiki/Adam_Weitsman#cite_note-:1-2'][2][/URL][URL='https://en.wikipedia.org/wiki/Adam_Weitsman#cite_note-:4-4'][4][/URL] In 1995, Weitsman became vice president of Ben Weitsman & Son, a [URL='https://en.wikipedia.org/wiki/Scrap']scrap[/URL] processing company owned by his family before eventually purchasing it from his father.[URL='https://en.wikipedia.org/wiki/Adam_Weitsman#cite_note-:1-2'][2][/URL] Perhaps part of the reason Syracuse University does not want any relationship with AW is because of what is underlined here. I believe someone at Syracuse University did a simple background check on AW as a part of doing any business with him, found this and an instant aura of mistrust was formed. Check kiting is for me complex. However, for those who would like to know about it, please Google Adam Weitsman and click on Wikipedia’s bio of him. There is a link here, (not sure if it works on this page), that details how it is done and has been used by individuals and corporations in the past. It is a very serious offense. If you are caught as AW was you go to jail and pay a large fine. See below: After losing his sister to cancer in the early 1990s, Weitsman quit a career in New York City and returned to his hometown to the family scrap metal business. Here, he built up an interest in the processing side of scrap metal recycling, which led to the foundation of Upstate Shredding.[URL='https://en.wikipedia.org/wiki/Adam_Weitsman#cite_note-5'][5][/URL] In 1997, Weitsman opened Upstate Shredding at the Tioga County Industrial Park in Owego.[URL='https://en.wikipedia.org/wiki/Adam_Weitsman#cite_note-:5-6'][6][/URL][URL='https://en.wikipedia.org/wiki/Adam_Weitsman#cite_note-:4-4'][4][/URL][URL='https://en.wikipedia.org/wiki/Adam_Weitsman#cite_note-:6-7'][7][/URL] [U]Weitsman was sentenced for [URL='https://en.wikipedia.org/wiki/Check_kiting']check kiting[/URL] in 2004, paid a $1 million fine and served 8 months in prison.[URL='https://en.wikipedia.org/wiki/Adam_Weitsman#cite_note-8'][8][/URL][/U] In 2005, Weitsman acquired Upstate Shredding's sister company, Ben Weitsman & Son, Inc., after his father retired[URL='https://en.wikipedia.org/wiki/Adam_Weitsman#cite_note-:5-6'][6][/URL] and acquired an 11-acre scrapyard in [URL='https://en.wikipedia.org/wiki/Solvay,_New_York']Solvay, New York[/URL] from Peter Matlow in December 2009.[URL='https://en.wikipedia.org/wiki/Adam_Weitsman#cite_note-9'][9][/URL] Between 2012 and 2016, Weitsman acquired a scrap yard in [URL='https://en.wikipedia.org/wiki/New_Castle,_Pennsylvania']New Castle, Pennsylvania[/URL],[URL='https://en.wikipedia.org/wiki/Adam_Weitsman#cite_note-:6-7'][7][/URL] a port facility in [URL='https://en.wikipedia.org/wiki/Albany,_New_York']Albany[/URL],[URL='https://en.wikipedia.org/wiki/Adam_Weitsman#cite_note-:5-6'][6][/URL] and Empire Recycling in [URL='https://en.wikipedia.org/wiki/Watertown,_New_York']Watertown, New York[/URL].[URL='https://en.wikipedia.org/wiki/Adam_Weitsman#cite_note-10'][10][/URL] By the end of 2016, they were collectively known as Upstate Shredding – Weitsman Recycling.[URL='https://en.wikipedia.org/wiki/Adam_Weitsman#cite_note-:5-6'][6][/URL][URL='https://en.wikipedia.org/wiki/Adam_Weitsman#cite_note-:7-11'][11][/URL] That year, Weitsman won the Platts Industry Leadership Award and the AMM Scrap Company of the Year award for the second year in a row.[URL='https://en.wikipedia.org/wiki/Adam_Weitsman#cite_note-12'][12][/URL][URL='https://en.wikipedia.org/wiki/Adam_Weitsman#cite_note-13'][13][/URL] He was awarded Scrap Company of the Year by [I][URL='https://en.wikipedia.org/wiki/American_Metal_Market']American Metal Market[/URL][/I] in 2015 and 2016.[URL='https://en.wikipedia.org/wiki/Adam_Weitsman#cite_note-14'][14][/URL] Weitsman and his wife, Kim Weitsman, have invested in real estate in [URL='https://en.wikipedia.org/wiki/Skaneateles_(village),_New_York']Skaneateles, New York[/URL]. In 2010, Kim purchased the Krebs restaurant, which was founded in 1899.[URL='https://en.wikipedia.org/wiki/Adam_Weitsman#cite_note-:0-15'][15][/URL] The restaurant re-opened in the summer of 2014.[URL='https://en.wikipedia.org/wiki/Adam_Weitsman#cite_note-:7-11'][11][/URL] Weitsman has supported local philanthropic efforts through personal funding and this restaurant.[URL='https://en.wikipedia.org/wiki/Adam_Weitsman#cite_note-:0-15'][15][/URL] In 2015, Weitsman and his wife donated the restaurant's profits to 16 regional nonprofit organizations.[URL='https://en.wikipedia.org/wiki/Adam_Weitsman#cite_note-16'][16][/URL][URL='https://en.wikipedia.org/wiki/Adam_Weitsman#cite_note-17'][17][/URL] In 2018, Weitsman began construction on a Mexican restaurant, Elephant and the Dove, in addition to development of a sushi bar in Owego.[URL='https://en.wikipedia.org/wiki/Adam_Weitsman#cite_note-18'][18][/URL][URL='https://en.wikipedia.org/wiki/Adam_Weitsman#cite_note-19'][19][/URL] The restaurant opened on April 11, 2019.[URL='https://en.wikipedia.org/wiki/Adam_Weitsman#cite_note-20'][20][/URL][URL='https://en.wikipedia.org/wiki/Adam_Weitsman#cite_note-21'][21][/URL] In 2021, Weitsman announced a collaboration with Rise N Shine restaurant owner, Danielle Mecuri, for a new Italian restaurant in East Syracuse.[URL='https://en.wikipedia.org/wiki/Adam_Weitsman#cite_note-22'][22][/URL] In 2021, he started Viridium LLC,[URL='https://en.wikipedia.org/wiki/Adam_Weitsman#cite_note-23'][23][/URL] a [URL='https://en.wikipedia.org/wiki/Cryptocurrency_mining']cryptocurrency mining[/URL] company.[URL='https://en.wikipedia.org/wiki/Adam_Weitsman#cite_note-24'][24][/URL][URL='https://en.wikipedia.org/wiki/Adam_Weitsman#cite_note-25'][25][/URL] As of 2022, he is a billionaire.[URL='https://en.wikipedia.org/wiki/Adam_Weitsman#cite_note-Billionaire_Entrepreneur-26'][26][/URL] Google/Wikipedia I believe the time in jail and the fine affected him deeply. It turned him into a workaholic and his efforts in the development of the scrap business eventually into a billionaire. He and his wife use some of their money to build restaurants. The profits of two restaurants exhibit his philanthropic efforts. To me it all seems to be a way out of the guilt from his past. The money he paid for his seats and suite and the inclusion of celebrities to him means, I am good, I paid for this with my hard-earned money and donated to the non-profits. I agree with some who've said he could have given money to build at Syracuse - but also see that not being an alum has its problems for him. It is very obvious for me to see that he, a very rich scrap metal business owner and the Lally's clash. Egos far apart. Lally's may feel that AW is not on their level though he is in wealth above them. They do not wish to associate with a junk yard dog nor does Syracuse University. It is a real shame. So much good could come if they all could work together. And we on this board have to sit and write how we feel about this enigmatic situation. I wish they will see that they are all human beings and their actions make each other and us suffer for not accomplishing what they could by collaborating for the University and its student athletes. [/QUOTE]
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