Welcome to The Home Equity Theft Reporter, a blog dedicated to informing the consumer public and the legal profession about Home Equity Theft issues. This blog will consist of information describing the various forms of Home Equity Theft and links to news reports & other informational sources from throughout the country about the victims of Home Equity Theft and what government authorities and others are doing about it.
Friday, April 28, 2017
Pool Contractor Avoids Two Years Prison Time After Admitting To Pocketing Total Of $17,800 From Two Homeowners, Then Never Delivering Promised Services; Allowed To Remain Free On Probation Provided He Pays Full Restitution Over 24 Months & Does Not Accept Prepayments On Any New Jobs
From the Office of the New Hampshire Attorney General:
New Hampshire Deputy Attorney General Ann M. Rice announces that Douglas Ring, 43, of Charlestown, NH pleaded guilty today [April 5] in Cheshire County Superior Court to 2 class-A misdemeanor charges of Theft by Deception.
In June 2015, Mr. Ring, doing business as Riverside Pools and Spas of Claremont, NH, accepted a $12,000 deposit from a customer to order and install an in-ground swimming pool. Mr. Ring did not order the pool and instead used the deposit money to pay bills and expenses. When the customer asked for a refund, Mr. Ring lied and told the customer that the pool had been ordered and was on the truck for delivery. He did not provide any amount of refund to the customer.
In a separate incident, Mr. Ring accepted a $5,800 deposit from a customer in July 2015 to order and install a spa. He did not order the spa and instead used the deposit money to pay bills and expenses. Mr. Ring deceptively told the customer that the reason the spa was not delivered was because the spa company was experiencing a shortage in staff and long delays in production. Mr. Ring did not provide any refund to the customer. Riverside Pools and Spas closed in August 2015.
Pursuant to a negotiated plea agreement, Mr. Ring was sentenced to 2 concurrent sentences of 12 months in the House of Corrections, both suspended for 2 years and 2 years of probation. The sentences are suspended conditioned on Mr. Ring remaining of good behavior, fully paying restitution to the victims and not accepting prepayments for any goods not yet delivered or services not yet rendered.
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