Complaint Review: CAPSouth LLC CAP Fund 1st Guarantee Mortgage Steve Lalonde Stephen Lalonde Amy Lalonde - Oakland Park Florida

1) Closed First, Inc --Chapter 11 filing--maybe dismissed--company dead

2) "Stephen Lalonde" 5 year Federal Imprisonment:

http://southflorida.bizjournals.com/southflorida/stories/2009/12/14/daily67.html

3) Other new charges, Civil and Criminal pending as other investigations are taking place.

4) "Federal Trade Commission" seized all assets private and corporate: http://www.ftc.gov/os/caselist/0923169/index.shtm (Credit Repair Schemes)

5) Millions missing besides traceable expenses corporate and private

6) Contempt of Court Order pending (most likely more jail time")

7) Millions in restitution ordered: one instance $1.9 million (Credit mortgage scam) more restitutions possible

Many civil judgments--in the hundreds of thousands

8) FTC appoints receiver and trustee

9) Federal Bankruptcy Courts about to rule on either dismissal or other action, already ruled Chapter 11 into 7.

10) Theft charges and judgments in another instance pending exceeding another $1.5 million

I'm an attorney here in South Florida who has had to deal with these people and their web of companies and lies after they essentially defrauded my clients and stole their home. Luckily I have been fairly success in pursuing them for my clients via the court system. I stumbled upon this report since it contained Stephen Lalonde's name, and wanted to give the original poster of the report what amounts to at least a small amount of satisfaction with the following article that just came out a few days ago: http://www.sun-sentinel.com/business/realestate/sfl-mortgage-fraud-072909,0,545218.story ____________ "Stephen LaLonde, 42, was the only defendant from Broward County. Prosecutors allege he stole $1 million at six real estate closings held at Spectrum Title Inc., in Oakland Park. Prosecutors said LaLonde defrauded legitimate borrowers, lenders and a title insurance company by taking money to refinance or pay off existing mortgages, then keeping the proceeds for himself. He is charged with mail fraud and making false statements." _____________ You can't do what they were doing for long and escape notice, as Mr. LaLonde has found out now that he has been federally indited. Also, since you referenced a "big house" I was wondering if you were just speaking figuratively as to where you imagine they live or if you actually knew of a big house (as I've heard rumors there is one but that it may be stashed under a corporation without their names on it). If so, I'd love the address of said house. I was actually successful in also helping another attorney and some companies recover their judgment amounts against these people as well, so I'd be happy to share any information I could with you if you still have ongoing legal troubles with them.

I have tried numerous times to contact the company as stated above. I have not put any misinformation or posted an erronous comment. Look at other reports on here and you will see that I am not the only one to post something like this. I have been trying to get my money for over 5 months now with too many excuses why I can't get it. I am not going to bicker on here let alone put my contact info on here. And, as stated above the managers and owners I have been sent to voicemails of never called back...even after numerous voicemails. My lawyer will get the money from you guys for me.

whoever this is claiming they were never paid tell who you are rather then post erroneous information and im sure you will get paid. Im sure if you are a business owner you would not want erroneous information posted like you are doing here I am sure you have never spoke to any of the owners of capsouth or their managers its easy to post misinformation with no response tell us your name so you can get paid