http://www.wral.com/chapel-hill-landlord-ordered-to-return-security-deposits/14566044/

4/8/2015 8:05:26 PM

k

4/8/2015 8:07:32 PM

Quote :

"The Attorney General's Office sued Kelley in 2013, alleging that he put security deposits in his personal and business bank accounts instead of a separate trust account as required by law. When tenants’ leases ended, Ware Investments and Kelley withheld the security deposits and failed to provide written records of how the deposits had been used, Cooper said."

Average people get handcuffed and thrown in jail for stealing, the rich get taken to civil court.

4/8/2015 8:20:56 PM

of course the ass has filed for bankruptcy... former tenants will get pennies on the dollar i'm sure. (but even so a point has been made in the right direction for these skeeze buckets who rip off people they don't think will fight back)

4/8/2015 9:53:37 PM

Should have properly maintained records so the stealing was documented properly.

Also you don't have to be rich to be a landlord. You can be upside down as shit. And if you're pocketing deposits in a personal account you're probably not savvy to the real estate game and probably upside down anyway.

Investigation likely precipitated by the bank seeking rental proceeds from a foreclosure sale anyway. Going to lose the rental property in a bankruptcy anyway.

4/9/2015 12:42:27 AM