Feds: South Side building owner set property on fire to avoid sheriff’s sale

According to the now unsealed federal indictment, Prasad Margabandhu is charged with conspiracy to maliciously destroy property by fire as well as mail and bankruptcy fraud.

“Prasad is a known actor in our district here,” said Pittsburgh councilperson Bob Charland. “He owns a handful of properties both within the southside, Arlington and Oakland as well as outside of the district. I know he owns properties in Carrick as well. He is one of the worst property owners in the city of Pittsburgh, probably the worst,” said Charland.

The June 2022 fire at the vacant building along East Carson Street grew to four alarms. At the time, a Pittsburgh police spokesperson said the fire was considered suspicious and that an investigation was ongoing.

Charland said Margabandhu was reckless and trying to make easy money.

“This situation here on Carson Street was him throwing a speakeasy party that was highly dangerous. The property wasn’t permitted, didn’t have sprinkler systems, and ultimately, the building caught fire, which was the worst-case scenario we could have had happen there,” said Charland.

No one was hurt in the fire.

Source: Feds: South Side building owner set property on fire to avoid sheriff’s sale

%d bloggers like this: