Bondi gets injunction against alleged mortgage relief scam
TALLAHASSEE, Fla. (Legal Newsline) - Florida Attorney General Pam Bondi announced on Wednesday that her office has obtained an asset freeze and a temporary injunction against companies that allegedly defrauded homeowners using a mortgage relief scam.
Anthony C. Pintsopoulos, Shane Frankovic, Paul Gellenbeck, Lawrence Diodato, Edward Cherry and their businesses allegedly charged homeowners $3,500 in up-front fees in return for a false guarantee that the defendants would void the upside-down mortgage of the homeowners. Under the terms of the injunction, the defendants must immediately freeze their assets and cease operations.
Additionally named in the temporary injunction and asset freeze were the defendants' businesses including Zion Partners Irrev Trust LLC, Zion Partners Irrevocable Trust LLC, EsqLitigationSupport.Com LLC, Click Media Consulting LLC, doing business as Florida Home Rescue Mission and American Federal Trust LLC, Esquire Litigation Support LLC, August Belmont And Company LLC, Growth Capital Funding LLC, Florida Land Trust Services LLC, The Sunshine State Land Trust Company LLC, The Fidelity Land Trust Company LLC and their attorneys, employees, servants, agents, affiliates, officers and other persons in active participation or concert.
"This mortgage relief scam targeted hundreds of distressed homeowners who were already facing financial hardship," Bondi said. "By obtaining a temporary injunction and asset freeze, we have stopped this company from preying on even more of Florida's homeowners."
Under the terms of the temporary injunction, the companies are barred from advertising for or providing services to homeowners in Florida directly or indirectly in which they state that they can cancel or void previously recorded mortgages. The companies may not claim that the mortgages are not enforceable against defendants.