Colorado says it wants at least $16 million from Castle in foreclosure lawsuit

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Colorado says it wants at least $16 million from Castle in foreclosure lawsuit

Colorado says it wants at least $16 million from Castle in foreclosure lawsuit

The Denver Post-

Colorado’s attorney general’s office says former foreclosure attorney Larry Castle, his wife and two businesses in which he allegedly held a financial interest should have to pay $16 million to $26 million if the state wins its long-running lawsuit against them.

The amount could grow even larger if a Denver district court judge sides with Colorado and awards the state its legal fees for an investigation and lawsuit that’s taken more than five years to complete.

In a 12-page document filed in Denver District Court, Colorado Senior Assistant Attorney General Erik Neusch lays out millions of dollars in fines, “unjust profits,” and illegitimate gains the state says Castle, his law firm and other associated enterprises pocketed over a seven-year period.

[THE DENVER POST]

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