Despite a September injunction freezing the operations of several South Florida land trust firms, a Jupiter homeowner says Boca Raton-based Fidelity Land Trust Co. continued to take money from her bank account through affiliate companies.
Sherma DelTergo, a Palm Beach County firefighter, filed a lawsuit this month in Broward County hoping to piggy-back on an attorney general complaint alleging the land trusts and their operators defrauded homeowners in a foreclosure rescue scheme that included hundreds of properties statewide.
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Palm Beach Post reporter Kimberly Miller first uncovered the controversial land trust practice in June.
Scores of Palm Beach County homeowners have signed over their deeds to firms after being promised that their underwater mortgages would be canceled and they would get to keep their property.
In September, the assets and operations of several South Florida land trust companies, related firms and their owners were frozen by the state attorney general’s office in a complaint claiming they made promises to struggling homeowners they can’t fulfill.