We just read Steve Fishman's feature on the NYU senior/con man, Hakan Yalincak (the NYU senior who was arrested after a $43 million bank fraud), and his family and fortunes (?), and Gothamist must say, it feels like the makings of an early David Mamet film. For instance, Fishman, decides to ask Yalincak's mother, Jackie, who has recently been charged with playing a part in the schemes, if he can speak to someone who has been awarded one of the scholarships from the Yalincak's $21 million donation to NYU:
"Do you know the name of anybody you gave a scholarship to?" I ask. I could speak to them, I suggest.It's so House of Games. Or even The Spanish Prisoner. And what's even more crazy about the article is that the Halincaks lie and their stories turn on a dime. But, the Halincaks still have an NYU building named after them.
"McCormack, last name," Jackie says, "and Rachel."
"McCormack?"
"Hale! Hale!" shouts Jackie.
"Coming!" calls Hale, who’d slipped away.
"My daughter keeping the name," she explains. Hale rushes in. "What is the last name that McCormack person?"
"I’ve just called him McCormack."
"Do you have . . . phone number?" asks Jackie.
She has McCormack’s number, but only nine of ten digits. A little later, the phone rings. Apparently, it is McCormack. Jackie passes me the phone. He doesn’t want his full name mentioned, but he says that, yes, he receives a scholarship from the Yalincaks.
Photograph from NYU Today




Are you sure 70517 about this?!?
The biggest tragedy here is there are more winners than losers. Its kinda of funny that Fishman pressed the McCormack question. His real name is Cormac B. Meehan and he gained his admission through an arrangement between Hakan Yalincak and Debra LaMorte (the Senior VP of alumni relations at NYU), I guess its good to know influential people in high places....he now works at Marcus & Associates. All I have to ask is why or for who did he do it? A brilliant mind and fundraising talent wasted....
I think the site www.hakanyalincak.com says that the article was retracted after Fishman was slapped with a $100 million lawsuit in 2007-2008. Its under the lawsuits section.