Deed Theft and Other Real Estate Crimes

All business transactions involve a fair amount of bluster, but some careers that involve persuasion have more of a reputation for charlatanism than others.  People will easily assume that lawyers and used car salesmen are dishonest, but they tend to take the charm of real estate agents at face value.  It helps that real estate agents tend to be elegantly dressed, older women who will meet clients at a moment’s notice, day after day, until they have finalized the transaction and the clients have a new house or apartment to move into.  Even in the age of social media, many clients find real estate agents through old-fashioned word of mouth, and clients tend to trust real estate agents even more when they are connected with the real estate agent through a referral by a family member, neighbor, or coworker.  A Bronx real estate agent who helped thousands of clients purchase houses and condominiums in New York City over a 40-year period is facing criminal charges for defrauding several clients.  If your real estate purchase plans fell through because a real estate agent defrauded you, contact a Bronx real estate attorney.

Bronx Real Estate Agent With Decades Long Career Faces Criminal Charges for Defrauding Clients

Extreme Realty on White Plains Road has been a mainstay of the community for decades.  Its proprietors, husband and wife Fred Campbell and Marcia Campbell and their business partner Frank Palmer have helped more than 4,000 clients become homeowners in the Bronx.  The owners of Extreme Realty are immigrants from the Caribbean, as are most of their clients.  Former clients who accuse Marcia Campbell of defrauding him claim that she abused the trust that they, as immigrants on the way to achieving their dream of homeownership in New York, placed in her as a member of their own community who had achieved great success in business.

One client claims that she hired Campbell to help her transfer the deed of her house to her sister, but instead, Campbell transferred the deed to a company under her own control, used it to secure a mortgage loan, and eventually let it go into foreclosure.  The client was only able to cure the foreclosure and keep the house after appealing to the Attorney General of New York for help.  Other clients claim that they gave Campbell thousands of dollars as earnest money, down payments, and similar charges, but that Campbell never returned the money when the clients asked for it back after real estate purchases did not go through.  Other clients lent Campbell money which she claimed was for investments, but she never paid them back.  Prosecutors allege that she stole a total of $250,000 in cash payments from several clients.

Schedule a Confidential Consultation With a Bronx Real Estate Attorney

A real estate lawyer can help you recover your financial losses, seek justice, and successfully complete a real estate transaction after dealing with a dishonest real estate agent.  Contact Cavallo & Cavallo in the Bronx, New York to set up a consultation.

Source:

bxtimes.com/bronx-da-ny-attorney-general-charge-real-estate-broker-and-associates-in-deed-theft-scheme-targeting-vulnerable-homeowners/