Arizona AG files lawsuit against two Tucson real estate companies and manager

Arizona AG files lawsuit against two Tucson real estate companies and manager

AGAINST TWO TUCSON BUSINESSES THAT ALLEGEDLY DEFRAUDED CUSTOMERS IN REAL-ESTATE TRANSACTIONS… IT'S A STORY WE'VE BEEN FOLLOWING FOR SEVERAL YEARS HERE AT NEWS 4 TUCSON… BRNOVICH ARGUES THAT MANAGER OF "DEED AND NOTE TRADERS" AND "881 HOME" … DAVID ((KEE-NAS)) KINAS… SOLD HOMES UNDER WRAP MORTGAGE ARRANGEMENTS AND THEN FAILED TO MAKE PAYMENTS ON THE UNDERLYING MORTGAGES. THE LAWSUIT STATES KINAS FAILED TO MAKE HIS LOAN PAYMENTS…. DESPITE TAKING THOUSANDS OF DOLLARS OF DOWN PAYMENTS FROM CUSTOMERS AND PROMISING TO APPLY THEIR MONTHLY PAYMENTS TO THE UNDERLYING MORTGAGE.

THE LAWSUIT SEEKS RESTITUTION OF UP TO 10- THOUSAND DOLLARS IN CIVIL PENALTIES..

As found on YouTube

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