Florida Escrow Company Abruptly Closes Down; $ Millions May Be Missing
In addition, TC Palm is reporting that:
- "Two lawsuits have been filed in Indian River County Circuit Court against Ira C. Hatch's defunct firm Coastal Escrow Services Inc. seeking in excess of $700,000. The lawsuits claim that the company has refused to return clients' deposits and bounced checks."
For copies of the lawsuits, see:
- Michael Thorpe Real Estate Inc. vs. Coastal Escrow Services, Inc. (class action status sought),
- Allen vs. Coastal Escrow Services, Inc., et al.
For related stories, go here for questions raised over attorney Ira Hatch's past; or go here for investigation into Coastal Title Services by the Florida Department of Financial Services and The Florida Bar, or here for a number of related issues.
Go here for stories on other alleged escrow agent mishandling of funds. sneaky slick escrow agents alpha
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