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  • Report:  #1054083

Complaint Review: PROPERTY RIGHTS LAW GROUP PC

PROPERTY RIGHTS LAW GROUP PC; TERI PETIT; ROBERT L. STONE, ESQ. FORECLOSURE DEFENSE SECURITIZATION/FRAUD AFFIDAVITS chicago Illinois

  • Reported By:
    Greg Powell — Albany New York
  • Submitted:
    Mon, May 27, 2013
  • Updated:
    Tue, May 28, 2013

 Property Rights Law Group PC, Robert L. Stone and Teri L. Petit have engaged in the unauthorized practice of law in the State of Hawaii, fraudulently induced consumers and residents in and of the State of Hawaii to engage Plaintiff and Plaintiff’s non-Hawaii-licensed attorney-owned firm, PRLG HI.  Stone and Petit, and in connection therewith violated both state and federal laws. Petit has been witnessed in a public meeting giving legal advice, promising specific legal results, making wild and broad misrepresentations, requiring clients to buy her forensic audits as a condition of legal representation, and has been witnessed making administrative decisions on behalf of the Plaintiff.  She actually told a roomful of onlookers that she was sent from God.  An independent confidential investigation has revealed the violative acts of Property Rights Law Group PC, Stone and Petit, and the group is now under investigation by the Illinois Bar Assocation, the Hawaii Attorney General, the Hawaii Insurance Comissioner, and complaints have been filed with the FTC, the CFPB, the Hawaii DCCA, the Illinois Attorney General.  Petit and Stone requiring consumers to buy the forensic loan audit at prices of anywhere from $2000 to $5000, use the audit as a feeder business, split fees with referral agents, and then run the funds direct from Hawaii to Chicago.  In a recent court action against a former employee, Property Rights Law Group PC attorney Jessica Mannix represented to Judge Ronald Guzman (federal court judge) that Property Rights Law Group PC SOLICITED clients from Hawaii from the Chicago office, took their fees and retainers into Chicago, and signed them up with Chicago retainer agreements, essentially admitting to the unauthorized practice of law in Hawaii.  The firm may also have violated the federal MARS Act, the Hawaii Distressed Borrower Act, and numerous other state and federal regulations. 

In most of the audits, Petit identifies a private label MBS trust which owns the borrower's loan, asserts that the trust is terminated, and then goes on to allege that the servicing agent has no right to collect the payments.  The fallacious argument identifies a Form 15 filing as the basis for this inaccurate information.  The Honorable Judge Virginia Kendall of the Illinois Nothern District, Eastern Division, ruled in Walker v. Wells Fargo that the information was false, and enumerated the reasons why this legal theory failed.  Robert Stone was, of course, Walker's counsel.  The judge kicked the argument to the curb.  So, Stone and Petit took it to Hawaii.


Today, Stone and Petit are residing at the famed Ilikai Resort in a condo, Petit bragged was $6000 a month. 

They charged $3000 up front, then $5000, now $8000.  And $1000 a month.  They recently lost about 27 clients.  And they admitted in open court they are engaging in activities which are noncompliant with Hawaii rules.

It's not slander if it's fact.  And all of the above is fact.  Avoid this firm like you would avoid flames.  They can't help you, and they'll just take your money, then call it prepaid legal insurance premiums when you demand accounting and refund...

 

1 Updates & Rebuttals


PRLG

RIVER FOREST,
Illinois,

PRLG Denies all allegations

#2REBUTTAL Individual responds

Tue, May 28, 2013

This "Ripoff Report" about Property Rights Law Group is an example of the dark and destructive side of the internet: its potential for abuse during litigation to spread lies to harm a competitor. 

   This "Ripoff Report" was not written by a consumer but was planted, using the name of an acquaintance, by one Sandra D. Lynch, who is currently the defendant in a federal lawsuit by Property Rights Law Group, alleging disloyalty and slander.  Sandra Lynch is a disgruntled former employee who is trying to ruin the reputation of her former employer in order to compete against us, and steal our clients, more easily.  Property Rights Law Group's case is set forth in Property Rights Law Group v. Lynch, Case. No. 13-v-3381 (N.D. Illinois, filed May 20, 2013).  Seven days after the case was filed against her, Mrs. Lynch chose to attempt to bypass the Court by planting this story on the internet. She knows the destructive potential of your website, and she is digging herself in deeper.

    Not one word of Mrs. Lynch's Report is true--except (of course) the names of the victims of Mrs. Lynch's slander: Property Rights Law Group, Teri Petit (an employee of Property Rights), Robert L. Stone (managing partner of the law firm),
and one of our clients. 

    For the truth, please read our Complaint against Mrs. Lynch in United States District Court in Chicago:

    
https://docs.google.com/file/d/1Fx90_zJ9qPKat2b726ndoJmBMqJDXtblitjemFEiEeb08FGAo_vbm779ODOq/edit?usp=sharing

Our Complaint sets forth the facts, verified by reputable attorneys in public--not surreptitious slander under a false name on the internet.  If you would like additional information, please call us at 312-523-2109.

                                        Robert L. Stone
                                        Managing Partner

Respond to this Report!