From the Office of the Maryland Attorney General:
Maryland Attorney General Brian E. Frosh announced today that his Consumer Protection Division issued a Final Order finding that Clark P. Turner and Clark Turner Homes, LLC, of Harford County, violated Maryland’s Consumer Protection Act, New Home Deposits Act, and Custom Home Protection Act. The Order requires Turner and Clark Turner Homes to pay more than $559,000 in restitution to consumers, $75,000 in civil penalties, and more than $72,000 in costs. In addition, the Order imposed cease and desist provisions to prevent future violations by Turner and Clark Turner Homes.
The Division found that Turner and Clark Turner Homes accepted over $1.2 million from or on behalf of at least 15 consumers, but either failed to begin construction on their homes or failed to complete construction of their homes. The Division also determined that Turner and Clark Turner Homes violated the laws protecting new home purchasers in Maryland by, among other things, failing to protect consumer deposits, breaching the trust created for the benefit of the buyer, misappropriating the money paid by consumers to Clark Turner Homes, and failing to include required disclosures in contracts with consumers.
The Division also issued a Final Order awarding over $370,000.00 from the Home Builder Guaranty Fund to 19 injured consumers for their actual losses resulting from Clark Turner Homes’ failure to return deposits when construction never began, failure to complete consumers’ homes, or defective workmanship. Under Maryland law, consumers may seek recovery from the Home Builder Guaranty Fund for actual losses of up to $50,000.00 resulting from the failure of a registered builder to begin or complete their home or for defective workmanship, up to a total of $300,000.00 per builder, which is increasing to $500,000 as of October 1, 2020. In addition to the protection provided to consumers through the Guaranty Fund, under certain circumstances, builders are also required to maintain a bond with the State for the protection of consumers. Here, the builder maintained a $75,000 bond, which may benefit some of the consumers.
“Purchasing a new home is the largest investment most people make in their lives. My office will pursue sanctions against builders who treat consumers unfairly and fail to protect consumer deposits,” said Attorney General Frosh. “Consumers should make sure that any deposits are protected by an escrow account, bond, or letter of credit.”
Consumers who have had problems with homes built by these or other builders should contact the Home Builder Registration Unit (HBRU) at 410-576-6573 in Baltimore or call toll free at 877-259-4525. Consumers can also look for cheaper alternatives like 2 bedroom townhomes. The Attorney General’s Office encourages home buyers to check whether their builder is registered before entering into a contract by calling the HBRU or visiting www.marylandattorneygeneral.gov/pages/cpd/homebuilder.
Clark Turner has been a crook all his life.
So remember this next time you buy a Bob Ward home. That is where he works now
I’m not sure what happened but it sounded like maybe eating into deposits while trying to stay afloat. (I think there are a lot of businesses that may be in this position now.) I hope that the customers get their money back with this judgement. It’s a shame to see it come to this. Turner projects and homes were all so much prettier and classy than the cookie cutter box construction. Harford County definitely benefited from having some style injected into a mostly unimaginative crowd. I know that I’ve heard the Turner Construction name on many charity events while thing we’re going well for everyone. I understand that there has been some misappropriation here but it’s also easy to judge from your keyboard especially with only the details that are presented.
There is no defending Clark Turner and what he intentionally did to the people that trusted in him to provide them for what they had paid for. Sam Adams says, “Clark Turner has been a crook all his life.” Agree!!
https://www.bizjournals.com/baltimore/news/2016/02/25/clark-turner-bankruptcy-claims-come-in-at-56-5m.html
maybe i’m naive but it shocks me that Clark would be in this position…never knew him to be dishonest…don’t know him that well…sayin’
It’s easy to be charitable when you are stealing other people’s money to do it. Another crooked businessman. Isn’t any business honest anymore?
Clark trained Dan well.
Bel Air man pleads guilty in alleged Cecil County bank fraud; another charged in scheme
A Bel Air man’s guilty plea to federal mail fraud charges was unsealed Thursday, Maryland’s U.S. Attorney’s Office announced. The man pleaded guilty to acting as a straw purchaser for a bank executive buying a house in Rising Sun.
Daniel Whitehurst, 35, pleaded guilty on April 6, 2018, but his plea was unsealed Thursday — seven days after an alleged co-conspirator, Mary Beyer Halsey, 59, of Rising Sun, was indicted, according to a news statement.
Is Whitehurst in Federal Prison yet?
No, he has yet to receive a senescing date per the article Bill Cox referenced.
Mean while, busy managing rental property’s and building custom homes.
Description
Disposition
Pending Count 18:1349 CONSPIRACY TO COMMIT BANK FRAUD
That is a federal offense…how embarrassing
Felony**
Felony**
Offense of Conviction;
The Defendant admit that he is in fact guilty of this offense and will advise the court.
Plead guilty to Criminal Information charging him with Conspiracy to Commit bank fraud, in violation of 18 U.S.C.1349 signed and dated 4/3/2018.
? Defendant
Mary Beyer Halsey
Description
Disposition
Pending Count 18:215 (a)(2)RECEIPT OF A BRIBE BY A BANK OFFICIAL(6) None
Pending Count 18:1005 FALSE STATEMENT TO A BANK EXAMINER(5) None
Pending Count 18:1005 FALSE STATEMENT IN BANK RECORDS(4) None
Pending Count 18:1344 BANK FRAUD; 18:2 AIDING AND ABETTING(2-3) None
Pending Count 18:1349 CONSPIRACY TO COMMIT BANK FRAUD(1) None
Complaint None None
Highest Offense Level (Opening): Felony
Highest Offense Level (Terminated): None
According to the U.S. Attorney’s office, from 2012 to 2013, Halsey allegedly conspired with Daniel Whitehurst, 35 of Bel Air, Md., an employee of a real estate development company that did business in Maryland, to defraud Cecil Bank and another bank to purchase a home through a complicated process of alleged false pretenses, representations and promises.
Whitehurst pleaded guilty under seal to mail fraud on April 6, 2018, the U.S. Attorney said. His guilty plea was unsealed the same day that Halsey’s indictment was revealed. Whitehurst faces a maximum sentence of 30 years in federal prison for conspiracy to commit bank fraud
U.S. District Judge Deborah K. Chasanow has scheduled sentencing for November 6, 2020 at 11:00 a.m.
Former President & CEO Sentenced for Orchestrating the Straw Purchase of a Foreclosed Property
November 6, 2020 — Leave a comment
Mary Beyer Halsey, 59, Rising Sun, Maryland, the former President and Chief Executive Officer of Cecil Bank, was sentenced today for charges of conspiracy to commit bank fraud, receipt of a bribe by a bank official, and false statement in bank records, in connection with the straw purchase of a home in Rising Sun, Maryland, upon which Cecil Bank had foreclosed.
According to her plea agreement, from 2012 to 2013, Halsey conspired with Daniel Whitehurst, 36, Bel Air, Maryland, an employee of a real estate development company that did business in Maryland, to defraud Cecil Bank and another bank to purchase a home through false pretenses, representations and promises. Specifically, on March 28, 2012, Halsey and Whitehurst met at a restaurant in Cecil County. Whitehurst asked Halsey if she could help him and a business partner get a $500,000 line of credit from Cecil Bank. Halsey agreed to help Whitehurst to obtain a line of credit from Cecil Bank, in exchange for Whitehurst agreeing to serve as the straw purchaser of 127 Ebenezer, Rising Sun, Maryland on behalf of Halsey. Halsey suggested that she increase the line of credit for Whitehurst to $650,000 to include the funds needed to buy the house. Whitehurst agreed to Halsey’s request to secretly buy 127 Ebenezer on Halsey’s behalf. On May 9, 2012, Halsey participated in a loan committee meeting at Cecil Bank that considered and approved a $650,000 line for credit for Whitehurst and a $500,000 line of credit for his business partner.
Halsey admitted that at her request, on May 14, 2012, Whitehurst visited 127 Ebenezer and provided Halsey with an estimate of the costs to update the house. Whitehurst determined that beyond replacing the kitchen sub-flooring at a cost of about $1,000, there were no significant repairs needed. Whitehurst provided a letter of intent to purchase the home from the bank for $150,000 for Halsey to review. Halsey suggested lowering the price to $145,000 to allow room to increase the offer later. Halsey knew that an exterior-only appraisal of the property ordered by Cecil Bank on November 9, 2011, showed a market value of $263,000. A full appraisal on September 10, 2012, reflected a market value of $295,000. To support the below-market price that Halsey wanted to pay, Whitehurst included in the letter of intent a list of lower-priced home sales in the same area that were not comparable to 127 Ebenezer and therefore was not reflective of the property’s actual market value.
As detailed in the plea agreement, on May 23, 2012, Whitehurst e-mailed Cecil Bank his offer to purchase 127 Ebenezer for $145,000. On the same day, during a meeting of the Cecil Bank Board of Directors, Halsey advised the Board that Whitehurst had made a purchase offer of $140,000 for 127 Ebenezer, $5,000 less the actual offer. To support the below-market price of $140,000, Halsey falsely characterized the property as having “structural deficiencies [that] will require significant repairs.” Halsey did not disclose her personal interest in the property, nor Whitehurst’s role as her nominee to acquire the property on her behalf. The Board authorized Halsey to “negotiate the best price.” Thereafter, Whitehurst submitted a contract for him to purchase 127 Ebenezer from Cecil Bank for $150,000, which Halsey signed on August 17, 2012 on behalf of Cecil Bank.
According to the plea agreement, subsequent to authorizing the sale of 127 Ebenezer, Halsey told Whitehurst that he should not use his line of credit from Cecil Bank to purchase the house, but should instead get the funds from a different source. Whitehurst applied for and obtained a $100,000 loan from another bank to purchase 127 Ebenezer, fraudulently claiming that he was purchasing the property for himself and that the down payment was from an investment account. On October 31, 2012, prior to 127 Ebenezer going to settlement, Halsey wired $75,000 to Whitehurst’s bank account to cover the cost of the down payment as well as closing costs and upgrades to the property that Halsey directed Whitehurst to arrange. To conceal the true purpose of the wired funds, Whitehurst sent Halsey a fictitious real estate contract purporting to show that the $75,000 was the down payment for a different property that Whitehurst owned in Havre de Grace, Maryland.
On November 21, 2012, the settlement of 127 Ebenezer was held with Halsey representing Cecil Bank as the seller, and Whitehurst as the purported purchaser, selling the property to Whitehurst for $150,000. Both signed the HUD-1 form which falsely represented that Whitehurst had paid approximately $52,566 at settlement, when in fact, the down payment and all related closing costs were paid from the $75,000 Halsey had wired to Whitehurst’s bank account beforehand. From October 31, 2012 through March 29, 2013, Halsey transferred an additional $60,000 to Whitehurst to cover the cost the upgrades to the house that they had previously discussed, as well as to reimburse Whitehurst for mortgage payments he made on the property. Halsey and Whitehurst also made plans to transfer title of the property to Halsey by selling the house to her at a price that would minimize the tax consequences of the sale for Whitehurst.
In December 2012, in response to a question from a bank examiner for the Federal Reserve Bank of Richmond inquiring about the sale of the property to Whitehurst, Halsey falsely stated that she was “not totally familiar with [that] property” and that the bank had difficulty marketing the property and had not listed it with a realtor because of “issues with the county over the bonds outstanding.”
In April 2013, federal agents began interviewing employees and other borrowers about banking irregularities at Cecil Bank. Title to 127 Ebenezer was never transferred to Halsey. Halsey never told the bank that she was the true purchaser of 127 Ebenezer, nor did the bank know that Halsey and Whitehurst had orchestrated the sale of the foreclosed property at the fraudulent price of $150,000, instead of the appraised pre-renovation price of $295,000.
As a result of Halsey’s misrepresentations and omissions, the bank lost approximately $145,000.
Whitehurst pleaded guilty under seal to the federal charge of mail fraud on April 6, 2018. Whitehurst faces a maximum sentence of 30 years in federal prison for conspiracy to commit bank fraud. Judge Chasanow has not scheduled a date for Whitehurst’s sentencing.
Halsey pleaded guilty on July 31, 2020, Judge Chasanow also ordered Halsey to forfeit her interest in the home in Rising Sun and to pay restitution in the amount of $145,000.
The sentence was announced by United States Attorney for the District of Maryland Robert K. Hur; Special Agent in Charge Mark P. Higgins of Federal Housing Finance Agency, Office of Inspector General (FHFA-OIG), Mid-Atlantic Region; Special Agent in Charge Patricia Tarasca of Federal Deposit Insurance Corporation, Office of Inspector General (FDIC/OIG), New York Region; Special Inspector General Christy Goldsmith Romero for the Troubled Asset Relief Program (SIGTARP); and Inspector General Hannibal “Mike” Ware of the Small Business Administration, Office of Inspector General (SBA/OIG).
“Mary Beyer Halsey will now serve time in federal prison after she used her position as President and CEO of Cecil Bank for her personal benefit, causing a loss to the bank, which had already received federal taxpayer funds as part of the Troubled Asset Relief Program,” said U.S. Attorney Robert K. Hur. “Corrupt bank officials undermine the public’s trust in our financial system.”
“The Federal Housing Finance Agency Office of Inspector General (FHFA-OIG) is committed to investigating allegations of fraud committed by officers of financial institutions which are members of the 11 Federal Home Loan Banks (FHLBanks) because their crimes strike at the heart of the FHLBank System,” said Mark Higgins, Special Agent in Charge of the FHFA-OIG’s Mid-Atlantic Region. “We are proud to have partnered with the U.S. Attorney’s Office for the District of Maryland and our law enforcement partners on this case.”
“Today the former CEO of Cecil Bank was sentenced to prison, becoming the 78th banker sentenced to prison resulting from a SIGTARP investigation,” said Special Inspector General Christy Goldsmith Romero. “Treasury wrote off $11 million from its TARP investment in Cecil Bank. We commend U.S. Attorney Hur and his team of prosecutors in standing with SIGTARP to combat fraud that hurt banks during critical times.”
Cecil Bank, located in Elkton, Maryland, had received $11,560,000 in federal taxpayer funds in 2008, under the Capital Purchase Program, as part of the Troubled Asset Relief Program. On April 20, 2011, Cecil Bank initiated the foreclosure of a single-family house located at 127 Ebenezer Church Road in Rising Sun.
United States Attorney Robert K. Hur commended the FHFA-OIG, Mid-Atlantic Region; FDIC/OIG; SIGTARP; and SBA/OIG for their work in the investigation. Mr. Hur thanked Assistant U.S. Attorneys Martin J. Clarke and Harry M. Gruber, who are prosecuting the case.
In Mortgage Fraud foreclosure, Maryland, Straw Buyer
Defendant no longer residents in Bel Air, Maryland.
11:30 AM Sentencing Hearing
USA v. Daniel Whitehurst; 888-363-4734 Access Code: 5605127
DKC 18-0193
Courtroom: Virtual Proceeding
Rising Sun, Maryland – Mary Beyer Halsey, 59, of Rising Sun, Maryland was sentenced today to two years in federal prison, followed by five years of supervised release, U.S. Attorney Robert K. Hur announced. Halsey previously pleads guilty to federal charges of conspiracy to commit bank fraud, receipt of a bribe by a bank official, and false statement in bank records, in connection with the straw purchase of a home in Rising Sun, Maryland, upon which Cecil Bank had foreclosed. U.S. District Judge Deborah K. Chasanow also ordered Halsey to forfeit interest in the Rising Sun property and to pay $300 in special assessments and restitution to the bank in the amount of $145,000. “Mary Beyer Halsey will now serve time in federal prison after she used her position as President and CEO of Cecil Bank for her personal benefit, causing a loss to the bank, which had already received federal taxpayer funds as part of the Troubled Asset Relief Program,” said U.S. Attorney Robert K. Hur. “Corrupt bank officials undermine the public’s trust in our financial system.” According to court documents, Halsey conspired with Daniel Whitehurst, an employee of a real estate development company that did business in Maryland, to defraud Cecil Bank and another bank to purchase a home through false pretenses, representations, and promises. Halsey agreed to help Whitehurst to obtain a line of credit from Cecil Bank, in exchange for Whitehurst agreeing to serve as the straw purchaser of 127 Ebenezer on behalf of Halsey. Halsey later participated in a loan committee meeting at Cecil Bank that considered and approved a $650,000 line for credit for Whitehurst and a $500,000 line of credit for his business partner.
Halsey admitted that at her request, Whitehurst visited 127 Ebenezer and provided Halsey with an estimate of the costs to update the house. Whitehurst determined that beyond replacing the kitchen subflooring at a cost of about $1,000, there were no significant repairs needed. A full appraisal on September 10, 2012, reflected a market value of $295,000. To support the below-market price that Halsey wanted to pay, Whitehurst included in the letter of intent a list of lower-priced home sales in the same area that was not comparable to 127 Ebenezer and therefore was not reflective of the property’s actual market value.
On the same day, Whitehurst e-mailed Cecil Bank his offer to purchase 127 Ebenezer for $145,000, during a meeting of the Cecil Bank Board of Directors, Halsey advised the Board that Whitehurst had made a purchase offer of $140,000 for the property, $5,000 less the actual offer. To support the below-market price of $140,000, Halsey falsely characterized the property as having “structural deficiencies [that] will require significant repairs.” Halsey did not disclose her personal interest in the property, nor Whitehurst’s role as her nominee to acquire the property on her behalf. The Board authorized Halsey to “negotiate the best price.” Thereafter, Whitehurst submitted a contract for him to purchase 127 Ebenezer from Cecil Bank for $150,000, which Halsey signed on August 17, 2012 on behalf of Cecil Bank.
On November 21, 2012, the settlement of 127 Ebenezer was held with Halsey representing Cecil Bank as the seller, and Whitehurst as the purported purchaser, selling the property to Whitehurst for $150,000. Both signed the HUD-1 form which falsely represented that Whitehurst had paid approximately $52,566 at settlement, when in fact, the down payment and all related closing costs were paid from the $75,000 Halsey had wired to Whitehurst’s bank account beforehand. From October 31, 2012 through March 29, 2013, Halsey transferred an additional $60,000 to Whitehurst to cover the cost of the upgrades to the house that they had previously discussed, as well as to reimburse Whitehurst for mortgage payments he made on the property.
In December 2012, in response to a question from a bank examiner for the Federal Reserve Bank of Richmond inquiring about the sale of the property to Whitehurst, Halsey falsely stated that she was “not totally familiar with [that] property” and that the bank had difficulty marketing the property and had not listed it with a realtor because of “issues with the county over the bonds outstanding.”
In April 2013, federal agents began interviewing employees and other borrowers about banking irregularities at Cecil Bank. Halsey never told the bank that she was the true purchaser of 127 Ebenezer, nor did the bank know that Halsey and Whitehurst had orchestrated the sale of the foreclosed property at the fraudulent price of $150,000, instead of the appraised pre-renovation price of $295,000.
As a result of Halsey’s misrepresentations and omissions, the bank lost approximately $145,000. This case was the product of a joint investigation by the Office of the Special Inspector General for the Troubled Asset Relief Program (SIGTARP), the Federal Housing Finance Agency, Office of Inspector General (FHFA-OIG), the Mid-Atlantic Region; the Federal Deposit Insurance Corporation, Office of Inspector General (FDIC/OIG), New York Region; and the Small Business Administration, Office of Inspector General (SBA/OIG).
Thank you to Maryland Attorney General Brain Frost for bring justice on behalf of the consumers,. I would welcome Maryland AG office to take a look at The Trails of Beech Creek, Aberdeen, Maryland to see if Consumer laws were in adherence to proving the facts to homeowners relating full disclosure of Water & Sewer Facility Charges during purchasing. The development began as Beechtree Estates a Clark Turner development that received millions thru the TIF to help fund this development. The homeowner each pay a yearly bill of $200.00 for Townhomes and Villas and $400,00 for Estate homes a year for 40 yrs to BEECHTREE WATER AND SEWER COMPANY, LLC. Bill states, This is annual water and/or sewer facility charge invoice. These charges were computed, assessed and established by the developer of the subdivision cover or defray all or part of the cost installing public water and/or wastewater in your subdivision. The developer 40 year cost was upfront with the sales office and at closing. What was NOT disclosed up front purchasing in the development is you’re also billed from Harford County Maryland ANNUAL USER BENIFIT ASSESSMENT of $140.00 per year for 25 years for Sewer/Water (65 years total water billing), I went to Harford County and asked the clerk are we being double billed, showed her my bill from the developer and Harford County, she said, it sure looks like. I have no issue in paying the county, paying the developer annual who will not provide a POC NAME on the annual billing to include a ledger of payments received, I do. The annual billing looks very elementary, half sheet of paper for billing along with 2 pages in bold letting HOMEOWNER FAQ- Here’s an example, Can these charges be enforced? Yes, it is a legal and enforceable charge, just as homeowner’s association dues and condominium fees are. This water and sewer facilities assessment is established through the recordation of the declaration in the county land record. NOT A problem informing homeowners of their legal obligation. NO problem in receiving annual payments and expecting to receive Amount Due by the law. There will be close to 600 townhomes, villas,and estate homes upon completion of this development. Do the math, $200,00, $400,00 per home annual payments x 40 years.
Maybe you could hire an attorney to send a couple letters to both Turner and the County. Is Turner the only developer doing this? I wonder if there are others out there? Sounds like legal skimming like the ground rent bs is Baltimore. Something doesnt smell right.
CLASS ACTION LAWSUIT
Google search found- Private investor tee up cash for Trails at Beech Creek Dated March 25, 2011
First Place: Residential Development
The Trails at Beech Creek
Description: The Trails at Beech Creek, a development of 768 single-family homes, townhouses and villas being developed by Clark Turner Development on the site of the former Beechtree Golf Course in Aberdeen.
Dollar value: $90 million
People involved: Clark Turner, CEO, and Daniel Whitehurst, president, Clark Turner Development; Engineers and architects: Frank Hertsch of Morris & Ritchie Associates/Geo-Technology Associates; Attorney: Steven Rosen of Abramoff, Neuberger and Linder.
Selling point: At a time when bank lending had dried up, it took private investors and Harford County’s first-ever tax-increment financing deal to make the project a reality.
They say in real estate, location is everything. But when you’re building one of the biggest residential projects in Harford County’s history, you can’t overlook the importance of timing, too.
Clark Turner Development couldn’t have picked a tougher time for moving forward with The Trails at Beech Creek in Aberdeen in the spring of 2009. In a cratered housing market, banks had turned off the lending spigot for even small projects, let along a development the size Clark Turner proposed — 768 single-family homes, attached townhouses and villas on the 300-acre site of the former Beechtree Golf Course.
The company felt confident the $90 million project would be a hit. The home buyers would come from a BRAC-fueled infusion of thousands of workers moving to Harford County for jobs at Aberdeen Proving Ground, just two miles away. Clark Turner lined up Ryland Homes, a nationally known builder, to build the homes.
But while the six lenders who were pitched the project liked it, they turned the company down, said Daniel Whitehurst, Clark Turner’s president. The company kept lowering its financing request, from $16 million, to $12 million, and eventually all the way down to $6 million. Still there were no takers.
“We knew we had to completely change our sources of capital,” Whitehurst said.
So, instead of traditional bank financing, the company pulled together more than $40 million in loans from private investors Caves Valley Partners and Mt. Royal Development Co.
It also crafted the first tax-increment financing deal Harford County government had ever done. That meant convincing county economic development officials, County Executive David Craig and the County Council to agree to forgo a portion of the increased property taxes the development would generate to help finance the project. It also included getting the county to float a $14 million, 30-year bond, about $10 million of which will pay for roads and sewers.
.
“
Yes and he sold 2 buildings with 10 townhomes to his friend Daniel Whitehurst so he can rent them out on a residential area…. which they don’t even follow or pay HOA… some of those house are section A..which is against HOA regulations but since they were friends regulations didn’t apply to them…since they made the HOA bylaws…
Housing Choice Voucher Program
About the Program
The Housing Choice Voucher Program, commonly known as “Section 8”, is a federally funded program that subsidizes rents for eligible participants who rent units in the private market. It is designed to assist very low-income families, the elderly and the disabled to rent decent, safe and sanitary housing. A housing subsidy is paid directly to the landlord on behalf of a participating family.
*Apply Online
The Housing Choice Voucher Program waiting list is now open. You may apply online.
More information for Housing Choice Voucher participants is hereto fill out a complaint form.
SMH, he co-owns 10 townhomes side by side on Wellspring Drive. All ten townhomes are rentals, NOT Principle Residence. The owners were Clark Turners employees at the time of purchases. Both were on the Board of Directors for The Trails At Beech Creek. Both individual were instrumental in signing the Homeowners Association Documents for The Trails at Beech Creek Homeowners Association Inc. ( formerly Beechtree Estates Homeowners Association Inc. On file at Harford County Land Records. The Vendor for the development at time of purchase The Ryland Group Inc, t/a Ryland Homes. Stepney Roads Holding, LLC was the Declarant.
MD Assessment &Taxation Real Property Data
Seller: Ryland Group sold 5 townhomes , Lot 121, 122, 123, 124 & 125 .
Transfer 01/16//2013 Price $212,000 per townhome
Seller: Stepney Road Holding, LLC sold 5 vacant Lots 126, 127, 128. 129,&130
Transfer 04/2/2014 Price $374,000 for combine property. The co-owners then build their own townhomes on the lots purchased.
The 10 rentals were never disclosed to homeowners that purchased in the development advertised as Townhomes, Villas and Estate Homes.
Question lawful, unlawful or the norm?
According to her plea agreement, from 2012 to 2013, Halsey conspired with Daniel Whitehurst, 36, Bel Air, Maryland, an employee of a real estate development company that did business in Maryland, to defraud Cecil Bank and another bank to purchase a home through false pretenses, representations and promises. Specifically, on March 28, 2012, Halsey and Whitehurst met at a restaurant in Cecil County. Whitehurst asked Halsey if she could help him and a business partner get a $500,000 line of credit from Cecil Bank. Halsey agreed to help Whitehurst to obtain a line of credit from Cecil Bank, in exchange for Whitehurst agreeing to serve as the straw purchaser of 127 Ebenezer, Rising Sun, Maryland on behalf of Halsey. Halsey suggested that she increase the line of credit for Whitehurst to $650,000 to include the funds needed to buy the house. Whitehurst agreed to Halsey’s request to secretly buy 127 Ebenezer on Halsey’s behalf. On May 9, 2012, Halsey participated in a loan committee meeting at Cecil Bank that considered and approved a $650,000 line for credit for Whitehurst and a $500,000 line of credit for his business partner.
He is pulling the same BS at Charlestown Crossing in Cecil County. After Clark Turner left we got stuck with bob ward who aggressively sent out bills and threats of liens to all townhouse owners in the fall of 2019 through a law firm after no activity on this matter for 3 years calling themselves the Charlestown Crossing Utility LLC. When requested they could not supply an invoice with an account # or an itemized billing statement dating back 7 yrs to the purchase date. They also used a law firm out of Owings Mills to enforce payment who couldn’t even send out the threat of Lien to right homeowner. When I called to get any info about their sub-par documentation all the “attorney” could say is qoute “Send a Check, Send a Check”. These guys were a bunch of bad actors and knew they turning the property management over to Ryan Homes and looking for quick cash. If I can help contact me through
this website. joe
What happened with Korey Homes. Did they settle with the customers?
I agree…He left many projects half done and ran with the money. REALTORS lost commissions bringing their buyers to him yet he never paid them…well…except his PET L&F Agent KN. Even after closing down she…um…I mean…the “Agent” was STILL hired by him to sell his personal home and made a hefty commission!! Something was fishy there!!!!!!
I know those initials and that agent, after Korey Homes was supposed to sell a lot I owned. They never did, there were always strange issues, and something always felt off.
The hidden scam was their nonprofit RAACE
I heard that he skipped town and is now working for a builder in South Carolina
He lives in Havre de Grace in the park area, next to the tennis court. Beautiful Custom build home over looking the water. I believe there is a large sign in the yard, Trademark Custom Home of Bob Ward.
He can still afford a very nice place if he’s banking $600.00 per residence, and 600 residents for doing apparently absolutely nothing. Seems like that “fee” is a windfall for the developer being disguised as a charge for the installation of infrastructure. That’s 360K a year for those in the cheap seats. Before I’d pay that “fee” again I’d want some information from somebody. What’s it for and who benefits?
You are correct about Korey…he works down south for another builder. I think everyone should flood the local social media down there and alert the scam he pulled here in Maryland!! REALTORS beware in South Carolina of Korey! Scam artist! What a great legacy you left your wife and kids. Your local pastor here in Harford County aligns himself with scum business people!! Just guess who he is??!! Lol
Until I read this, I didn’t know that there even is a consumer protection division under Frosh.I If there is one where the hell have they been? Every gas station in the area has gone up by exactly 10 cents per gallon, every time there is a change to the Governor’s mandates about the Corona virus. The fuel industry has been fixing prices for years now and the Attorney General’s office seems impotent about the subject.
Who’s pocket is Brian Frosh really in?