An investigation by The Day found more than a half-dozen instances across the state in which property owners facing foreclosure believe they were misled by a scheme run by a man convicted of similar illegal activitiy in New Jersey in 2003.
GALLERIES: Housing Scam
U.S. District Judge Michael P. Shea sentenced con man Timothy W. Burke to 9 years in prison Friday, saying the scheme in which Burke took in millions at the expense of financially troubled homeowners was one of the most serious white-collar crimes the judge had seen.
Timothy W. Burke, who did business throughout Connecticut using more than a dozen aliases, pleaded guilty Tuesday in U.S. District Court in Hartford in connection with a long-running fraud scheme that targeted distressed homeowners.
Marilyn Mejias came forward after an investigation in The Day last month found more than a half-dozen instances across the state in which property owners facing foreclosure believe they were victims of a scheme run by a man convicted of similar illegal activity in New Jersey.
MORE STORIES: Housing Scam
The state Office of the Attorney General has received five complaints against Saunders Associates, a Fairfield-based private investment company that promises to buy foreclosed properties but instead rents them out, often without the knowledge of the homeowner.
Bill Burke of Realty Partners Group told Donald Pardy he wanted to buy Pardy's house in New London and would maintain the property while he negotiated a sale with the bank. Instead, he listed it for rent on Craigslist and was about to accept a renter's deposit.
Ashley Baron wrote a check for $1,350 to New Haven Investments, care of attorney Bradford Barneys to cover the first month's rent on a house in Waterbury, but became suspicious when no credit check was done, no repairs were made, and she found a "for sale" sign in the bushes.
Henry McDonald, whose Andover home was in foreclosure, thought he had a deal with Realty Partners Group to buy his property. The purchase never happened, but the home was rented out without McDonald's knowledge.
An investigation by The Day found more than a half-dozen instances across the state where property owners facing foreclosure believe they were misled and taken advantage of by Timothy W. Burke and companies that he is associated with.