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Lawsuit Filed in Greeley Real Estate Scam
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May 1, 2009
The Colorado Attorney General has filed a complaint against a real estate company and its co-owners for victimizing Latinos with limited-English speaking skills in a mortgage fraud scheme.
Mark Strodtman and Dean Juhl, along with their company JS Real Estate have been named in the lawsuit that accuses them of discrimination in the sale of a home, false advertising in violation of State Fair Housing laws, and discrimination based on national origin.
Both Juhl and Strodtman were indicted in 2008 for mortgage fraud related crimes, pleaded guilty and were sentenced to 30 days in jail, 100 hours of community service and a four-year deferred sentence. Strodtman still faces 23 counts of theft and forgery for the mortgage scheme and is due back in court May 27.
JS Real Estate reportedly told the couple that is suing them that they would help them pay a mortgage they said they couldn't afford, and helped the obtain a mortgage loan on a home with an artificially inflated value.
Read story at Greeley Tribune
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