Maryland Legislator No Stranger To Foreclosure Rescue Suits

HometownAnnapolis.com reports:

• While his fellow delegates were in Annapolis Tuesday to work on the state's budgetary woes, Del. Tony McConkey made the trek downtown for another reason: The Severna Park Republican is being sued. Reginald D. Williams of Crofton reopened a 2005 lawsuit earlier this year, alleging that Mr. McConkey - who buys and sells homes in foreclosure - violated a previous court order and stole more than $12,500 from the sale of Williams' home. [...] Mr. Williams and his ex-wife, Deborah Ann Williams, first sued Mr. McConkey in July 2005, saying the delegate scammed them out of their house, according to court documents. The case was settled in January 2006 when Mr. McConkey agreed to sell the house, pay off the mortgage and pay Mr. and Mrs. Williams $12,516 each. But Mr. Williams, who originally hoped to keep the entire house, claims Mr. McConkey never sent him his $12,500 check.

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Teresa Milligan, another disgruntled client, filed a lawsuit against Mr. McConkey in October 2006, also claiming the delegate tricked her out of her Pasadena townhouse. A year later, the lawsuit is still pending. Michael Gregg Morin, Ms. Milligan's attorney, said in court papers that Mr. McConkey has been involved in "years of effort" in "perfecting various schemes." He claimed the delegate approaches "susceptible and vulnerable consumers" and that he never told Ms. Milligan she was signing over her house.

For more, see Delegate faces suit (Former client says he was swindled out of $12,500) (link no longer available online).

For more on Tony McConkey, see:

• Suit Against Maryland Delegate Reopened (WBAL Radio AM-1090 - 11-1-07) (link no longer available online),
• Maryland Legislator Accused of Fraud (Lenderloft.com - 12-1-06),
• Delegate accused of fraud (The Examiner - 10-25-06),
• Let Me Work For You, Specializing In Problem Properties - 17 Homes Saved From Foreclosure In 05 (link no longer available online).

See also, Maryland State Legislator Sued For Alleged "Foreclosure Rescue" Scam; Police Investigation Ongoing.

For more on equity stripping scams, generally, see DREAMS FORECLOSED: The Rampant Theft of Americans' Homes Through Equity-stripping Foreclosure 'Rescue' Scams (4.61 MB approx.).