Suit accuses firms inflated value of mobile homes - 2004-02-01
More than 400 area residents have launched a multimillion-dollar lawsuit against two local businessmen for allegedly conning them into purchasing homes for up to twice their actual value.
The plaintiffs, represented by Conroe attorney Bill Piper, allege Raybon and Lipar devised and implemented a scheme to steal millions of dollars from national mortgage lenders with the help of local title companies, mortgage brokers, insurance agents and real estate appraisers.
Read the full story at The Courier Online