The Daily News reports - “Senate President Malcolm Smith ripped off an elderly Queens couple he’d promised to build a dream house for in a land deal under scrutiny by the FBI, the Daily News has learned.

Cora Wheeling, 70, and her husband, Eddie, 71, wound up with no home to show for the $88,200 they put down toward a split-level Smith claimed he’d build them.

They sued in 1998; Smith still owes them more than $60,000.

“I didn’t know he’s a rat,” an irate Cora Wheeling said. “I should have known better.”

The house was supposed to be part of a subdivision Smith was trying to build on 230th St. in Cambria Heights. That deal is at the center of an expanding federal probe, sources said”

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