Wednesday, February 04, 2009

Washington AG Targets Couple In Suit Alleging Deception In Acquiring Homes From Strapped Homeowners; Pocketed Rents While Stiffing Bank

From the Washington Attorney General's Office:
  • The Washington Attorney General’s Office is suing a convicted equity skimmer a second time, claiming the Colfax man and his wife ran a real estate investment business that misled distressed homeowners and property investors.

  • Attorney General Rob McKenna and Assistant Attorney General Jack Zurlini filed new documents [...] in Spokane County Superior Court that accuse Anthony and Alicia Napier of skimming equity from distressed homeowners in Eastern Washington and misleading investors. It’s alleged their dirty deals left a trail of victims – families who lost their homes, renters who never recouped security deposits and investors who never saw profits.

For more, see Attorney General sues Colfax couple for equity skimming (Eastern Washington families lost their homes to felon and his wife).

For the lawsuit, see State of Washington v. Napier.