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Real Estate & Property Law

: The Home Equity Theft Reporter

Sarasota House Flipper Faces Grand Theft Charge In Alleged "Foreclosure Stripping" Incident

By r morris

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In Sarasota, Florida, the Sarasota Herald Tribune reports:Mark P. Riley, one of the Sarasota area's most successful property flippers, was arrested Friday, accused of gutting a home that he could no longer afford. Riley, 48, and his domestic partner, Richard Waid, 49, were arrested on charges of grand theft related to the disappearance of appliances from their former Lakewood Ranch home.For years

Full post as published by The Home Equity Theft Reporter on September 04, 2009 (boomark / email).

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