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Real Estate & Property Law

: The Home Equity Theft Reporter

Cops: Developer Pocketed $410K From Buyer For Condo In Project That Was Never Built; Faces Grand Theft Charges After Allegedly Refusing To Refund Cash

By r morris

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In Flagler Beach, Florida, WJXT-TV Channel 4 reports:A Flagler Beach developer was arrested [...] on a charge of grand theft in excess of $100,000 in connection with a fraudulent real estate purchase. John Boback Sr., 51, is accused of taking $410,000 from a Marco Island man in the sale of a condominium on North Oceanshore Boulevard. Investigators said although Boback received the money, the man

Full post as published by The Home Equity Theft Reporter on September 01, 2010 (boomark / email).

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