Judge throws out $458,000 condo sale, says Clearwater attorney tricked bidders

Categorized | STOP FORECLOSURE FRAUD

Judge throws out $458,000 condo sale, says Clearwater attorney tricked bidders

Judge throws out $458,000 condo sale, says Clearwater attorney tricked bidders

Tampa Bay Times-

Pinellas County Circuit Judge Jack St. Arnold on Monday threw out the $458,100 sale of a gulf-front condo because of what he called an “unscrupulous” and “conniving” scheme to trick bidders at a foreclosure auction.

His ruling means that the owners of Orlando Realty Group will get back the money they bid on what turned out to be a second mortgage held by a company connected to Clearwater attorney Roy Skelton. Only later did the bidders discover that a different lender had a superior first mortgage and could soon foreclose, leaving them with no condo and out nearly a half million dollars.

While he rapped Orlando Realty for not doing sufficient due diligence before bidding, St. Arnold had especially harsh words for Skelton.

“Clearly you set a trap for unwary buyers,” the judge said.

[TAMPA BAY TIMES]

© 2010-17 FORECLOSURE FRAUD | by DinSFLA. All rights reserved.



Comments

comments

This post was written by:

- who has written 8690 posts on FORECLOSURE FRAUD | by DinSFLA.

CONTROL FRAUD | ‘If you don’t look; you don’t find, Wherever you look; you will find’ -William Black

Contact the author

Leave a Reply

GARY DUBIN LAW OFFICES FORECLOSURE DEFENSE HAWAII and CALIFORNIA
Advertise your business on StopForeclosureFraud.com

Archives