Dewrell Sacks Lied and cheated, ripoff fledgling litigation firm when they hooked up with Ameriquest, ex-employee inside info Atlanta Georgia
Tracey Dewrell
Mr. Tracey Dewrell graduated in the top of his class from the University of West Florida (Pensacola, FL) in 1994 and St. Thomas University School of Law (Miami, FL) in 1998. Upon graduation from law school, Mr. Dewrell worked as an associate attorney for Hightower & Rudd (Miami, FL) until September 1999, when he joined Zurich North America. As a trial attorney for Zurich Staff Legal, Mr. Dewrell handled a wide range of commercial litigation cases and received numerous trial verdicts. In May, 2002 Mr. Dewrell left Zurich to form Dewrell Sacks, LLP. As a partner with Dewrell Sacks, Mr. Dewrell has closed thousands of real estate transactions and successfully resolved numerous high profile real estate and commercial litigation cases.
(The only "thousands" of closings he has done has been with Amriquest borrowers; other than that, they just started that practice last year and have not done "thousands" of closings. Absolutely knew NOTHING about real estate at all until I came there. They totally relied on my expertise and knowledge and then ignored me totally when I would try to tell them what they were doing that was against the law. The only "high profile" real estate litigation case they had was dealing with one well-known Phillip Hill - a man who is under federal investigation for mortgage fraud.)
Mara Sacks
Upon graduation from law school, Ms. Sacks worked for several Atlanta real estate law firms closing transactions for major lenders and litigating numerous real estate and commercial disputes. In May 2002, Ms. Sacks formed Dewrell Sacks, LLP. (In May 2002, I formed Dewrell Sacks real estate department. Mara Sacks did nothing except get papers signed as I worked in the background ordering and clearing title, drafting closing documents, issuing title policies. She knew absolutely nothing at all about real estate. I even brought in an attorney I knew to help her get started with title insurance - which she had no idea they were paid for until I told her. This attorney friend of mine helped her insure title until she could get her own - which my expertise was all they had to fall back on because neither she nor her husband (Dewrell) knew anything about title or real estate until I got there.)
As a partner for Dewrell Sacks, LLP, Ms. Sacks has represented major lenders, brokers, and developers in thousands
Ameriquest came along and the next thing I knew, the legitimate law firm was down the tubes, which was more than I can stomach.
Also, Ms Sacks and her husband, Mr Dewrell, attempted to force me to take a management position after I spent more than six months alone building that business. They also hired a (white) female who did not have my experience or knowledge and offered her the same salary they offered me, which was when I quit.
I sued, but they countersued - claiming I stole money from their escrow account. I have a folder file full of documentation, including my contract with them, and business account transactions that will prove otherwise. What's the clue that they are lying? I purportedly "stole" $600 TOTAL after EARNING a few thousand on the legitimate end of the business, which was the only side I would work with except that I had to disburse Ameriquest files after the 7-day rescission period. And no - I did not receive any portion of the title insurance from Ameriquest borrowers - they paid me a per-file amount just to cut the checks after the borrowers didn't rescind, which I hoped they all would.
"Close the deal!" is all we ever heard, from the loan officers, the management, the title people - even when the title was bad and the borrowers came to closing horrified at what had transpired from the time they filled out the loan apps to the time they came to the closing table.
I remember sitting in my office thinking "please walk away" when Ameriquest borrowers would come in, but too many of them signed and many more probably regret it now. My only regret is that I didn't leave when it first started - I just thought it was going to get better if they would just listen to what I was trying to tell them about RESPA law, HUD regulations, and ALTA requirements for title underwriting. They didn't, so I left.
After I left, they refused to pay the balance of my invoice that was due and have since tried to claim I embezzled from them (yeah, right). My attorney, however, is on top of it.
Renee
Atlanta, Georgia
U.S.A.