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Real Estate & Property Law

: The Home Equity Theft Reporter

Builder Convivted Of Pocketing Customer Cash For Homes Never Constructed

By r morris

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In Prince George's County, Maryland, The Washington Post reports:A District Heights builder who was accused of collecting more than $1 million from banks and home buyers for homes that were never constructed has been convicted of 16 counts of theft and other violations. Leon T. Coleman, 40, promised to build homes in Kings Grant, a new subdivision in Upper Marlboro. Instead, prosecutors said, he

Full post as published by The Home Equity Theft Reporter on June 19, 2009 (boomark / email).

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