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Home / Verdicts & Settlements / Jury finds lender liable for civil fraud and tortious interference – $75,668 Verdict (access required)

Jury finds lender liable for civil fraud and tortious interference – $75,668 Verdict (access required)

Quantum Money LLC was formed in 2009 by a novice real estate investor. The plaintiff identified an attractive investment property and applied for financing through Equity Development Corporation, which at the time was engaged in the business of "hard money" lending, or making "rehab loans" to investors who intended to purchase investment properties and sell ...