Thakur Law Firm, APC Secures Judgment for Client in Real Estate Fraud Case
On July 8, 2024, Patricia Guzman ("Ms. Guzman") represented by Thakur Law Firm, APC was awarded a $224,035.62 judgment against her former real estate agent Molly Faulkner ("Ms. Faulkner") for breach of fiduciary duty and fraud. The action was initiated by Ms. Guzman on August 18, 2020, after Ms. Faulkner via numerous misrepresentations of actual fact induced Ms. Guzman to invest $234,000.00 on an alleged real estate investment opportunity wherein, Ms. Guzman would receive approximately $3,000.00 per month in rent revenue for three years. Such “investment opportunity” was ultimately proven to be a sham as Ms. Guzman failed to recoup her initial investment and the real property was sold to a third-party. This judgment now allows Ms. Guzman to collect against Ms. Faulkner.
Thakur Law Firm, APC is a boutique civil litigation law firm, focusing on providing high quality solutions and legal representation for small to medium-sized businesses in all legal matters. No one outcome is guaranteed and will vary on a case-by-case basis. If you have questions or would like a complimentary consultation on a specific matter, please feel free to contact us at info@thakurlawfirm.com or by phone at (714) 772-7400. Our legal team is available to assist you and your business further.
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