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Real Estate & Property Law

: The Home Equity Theft Reporter

1031 Exchange Intermediary Suspected Of Feloniously Pocketing $550K+ In Clients' Sale Proceeds Found Dead By Suicide

By r morris

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In Boulder Colorado, the Boulder Daily Camera reports: [K.C.] Schneider, who owns a commercial real estate firm in Boulder, said Wednesday he is [...] out $425,000 in real estate proceeds he gave National 1031 Exchange Service to hold while he closed on a new property.***Schneider filed a complaint in October against the now-defunct holding company's owner, Debra Edwards, and earlier this month

Full post as published by The Home Equity Theft Reporter on December 28, 2008 (boomark / email).

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