Information and Alerts
Alert Details
This business has 1 alert.
Government Action
The following describes a pending government action that has been formally brought by a government agency but has not yet been resolved. We are providing a summary of the government's allegations, which have not yet been proven.
As of September 25, 2012, Case No. 12-26987, State of Florida Attorney General Pam Bondi has obtained a temporary injunction and asset freeze against a company that allegedly preyed on distressed homeprincipal
s, defrauding them out of thousands of dollars in a mortgage relief scam.
According to the complaint filed by the Attorney General's Office, Edward Cherry, Lawrence Diodato, Paul Gellenbeck, Shane Frankovic, Anthony C. Pintsopoulos and their businesses charged homeprincipal
s $3,500 in up-front fees and, in return, falsely guaranteed that the defendants would void the homeprincipal
s upside-down mortgage.
The Broward County Circuit Court today ordered the defendants to immediately cease operations and freeze their assets.
An example of the allegedly misleading claims made by the company is that they would work with property principal
s who are currently in distress or upside down in their mortgage.
The business claimed that they were the only ones that offered Florida homeprincipal
s the chance to refinance an upside down mortgage and regain equity in their homes by permanently cancelling or voiding the homeprincipal
s mortgages.
The temporary injunction bars the company from advertising for or providing services to Florida homeprincipal
s directly or indirectly by which the defendants claim to cancel or otherwise void previously recorded mortgages so that the mortgages are not enforceable against defendants or any other party because the mortgage assignments were not recorded.
The temporary injunction and asset freeze were obtained against: Edward Cherry, Lawrence Diodato, Paul Gellenbeck, Shane Frankovic, Anthony C. Pintsopoulos, The Fidelity Land Trust Company, LLC, The Sunshine State Land Trust Company, LLC, Florida Land Trust Services, LLC, Growth Capital Funding, LLC, August Belmont And Company, LLC, Esquire Litigation Support, LLC, Click Media Consulting, LLC doing business as Florida Home Rescue Mission and American Federal Trust, LLC, EsqLitigationSupport.Com, LLC, Zion Partners Irrevocable Trust, LLC, Zion Partners Irrev Trust, LLC, and their officers, affiliates, agents, servants, employees, attorneys and those persons in active concert or participation.
To access the complaint, please link to:
http://myfloridalegal.com/webfiles.nsf/WF/JMEE-8YHNLQ/$file/92612LandTrust.pdf
Or contact for further assistance:
Office of Attorney General
State of Florida
The Capitol PL-01
Tallahassee, FL 32399-1050
850-414-3300
Important Information
Additional Info
According to BBB files, Jad Hayden is also known to the BBB as being associated with E-limidebt, Inc., and The Center for Legal Justice.
A separate review for the above mentioned businesses is available upon request.
Additional Info
According to BBB files, Lawrence Diodato is also known to the BBB as being associated with The Fidelity Land Trust Company, LLC.
A separate review for the above mentioned businesses is available upon request.
Pending Government Action
The following describes a pending government action that has been formally brought by a government agency but has not yet been resolved. We are providing a summary of the government's allegations, which have not yet been proven.
As of September 25, 2012, Case No. 12-26987, State of Florida Attorney General Pam Bondi has obtained a temporary injunction and asset freeze against a company that allegedly preyed on distressed homeprincipal
s, defrauding them out of thousands of dollars in a mortgage relief scam.
According to the complaint filed by the Attorney General's Office, Edward Cherry, Lawrence Diodato, Paul Gellenbeck, Shane Frankovic, Anthony C. Pintsopoulos and their businesses charged homeprincipal
s $3,500 in up-front fees and, in return, falsely guaranteed that the defendants would void the homeprincipal
s upside-down mortgage.
The Broward County Circuit Court today ordered the defendants to immediately cease operations and freeze their assets.
An example of the allegedly misleading claims made by the company is that they would work with property principal
s who are currently in distress or upside down in their mortgage.
The business claimed that they were the only ones that offered Florida homeprincipal
s the chance to refinance an upside down mortgage and regain equity in their homes by permanently cancelling or voiding the homeprincipal
s mortgages.
The temporary injunction bars the company from advertising for or providing services to Florida homeprincipal
s directly or indirectly by which the defendants claim to cancel or otherwise void previously recorded mortgages so that the mortgages are not enforceable against defendants or any other party because the mortgage assignments were not recorded.
The temporary injunction and asset freeze were obtained against: Edward Cherry, Lawrence Diodato, Paul Gellenbeck, Shane Frankovic, Anthony C. Pintsopoulos, The Fidelity Land Trust Company, LLC, The Sunshine State Land Trust Company, LLC, Florida Land Trust Services, LLC, Growth Capital Funding, LLC, August Belmont And Company, LLC, Esquire Litigation Support, LLC, Click Media Consulting, LLC doing business as Florida Home Rescue Mission and American Federal Trust, LLC, EsqLitigationSupport.Com, LLC, Zion Partners Irrevocable Trust, LLC, Zion Partners Irrev Trust, LLC, and their officers, affiliates, agents, servants, employees, attorneys and those persons in active concert or participation.
To access the complaint, please link to:
http://myfloridalegal.com/webfiles.nsf/WF/JMEE-8YHNLQ/$file/92612LandTrust.pdf
Or contact for further assistance:
Office of Attorney General
State of Florida
The Capitol PL-01
Tallahassee, FL 32399-1050
850-414-3300
Reason for Rating - Not Rated
This business is not currently rated. BBB does not have sufficient information to issue a rating for this business.
BBB Business Profiles may not be reproduced for sales or promotional purposes.
BBB Business Profiles are provided solely to assist you in exercising your own best judgment. BBB asks third parties who publish complaints, reviews and/or responses on this website to affirm that the information provided is accurate. However, BBB does not verify the accuracy of information provided by third parties, and does not guarantee the accuracy of any information in Business Profiles.
When considering complaint information, please take into account the company's size and volume of transactions, and understand that the nature of complaints and a firm's responses to them are often more important than the number of complaints.
BBB Business Profiles generally cover a three-year reporting period. BBB Business Profiles are subject to change at any time. If you choose to do business with this business, please let the business know that you contacted BBB for a BBB Business Profile.
As a matter of policy, BBB does not endorse any product, service or business. Businesses are under no obligation to seek BBB accreditation, and some businesses are not accredited because they have not sought BBB accreditation. BBB charges a fee for BBB Accreditation. This fee supports BBB's efforts to fulfill its mission of advancing marketplace trust.