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CB Cryptocurrency Review of Lance Puig + York Street Properties
Lance Puig + York Street Properties

Lance Puig + York Street Properties review: False Representations + Payment Scam 252

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3:18 pm EDT
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Resolved
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Investors, Tenants, Potential Tenants, Contractors - BEWARE - this company and it's ownership should be avoided if you value your investments, good credit and personal or business security. Here are a few reasons, please feel free to do your own research - JUST BE SURE YOU DO - Lance Puig and York Street Properties, York Street Homes, York Street Investments and the numerous LLC's this organization operates under have caused 100's thousands of dollars of loss, 100's of wasted hours and countless heartaches for good people:

1) Debts and returns on investment are not honored in a timely fashion, if at all.
2) If you're tenant don't believe if you rent a home expecting to buy it that you ever will. It's a false promise - ask existing tenants.
3) If you're an investor; don't believe you are getting a safe, reliable, well maintained investment - ask past investors.
4) If you're a contractor; don't give this company or Lance Puig any credit - he does not pay.
5) Don't believe what you read on the website(s), in blogs or on radio shows. Icons are unauthorized, statements are false & exaggerated.
6) Don't believe mortgages (in your name) will be paid or debts for services will be paid - they won't be.

Here's a few examples of fact:
a) There are numerous lien filings, small claims filings and court filings against this company and Lance Puig. The subjects are wide
ranging (non-payment, fraud, etc). He gets contractors to remodel houses, then doesn't pay them - $1 Mil of examples cab be given
b) Investors have lost their investments due to non-payment of mortgages.
c) The BBB has not been paid and the "Online Accredited Business" icon is misleading at best.
d) The numerous bank links on the website are being used without authorization.
e) The claim that Lance Puig comes from 3 generations of real estate investors is pure embellishment.
f) Lance Puig hires people in the Philippines to write comments and compliments in blogs. They are not real.
g) An leading figurehead of the company and personal advisor to Lance Puig is an federal ex-con:
http://www.bop.gov/iloc2/InmateFinderServlet?Transaction=NameSearch&needingMoreList=false&FirstName=MICHAEL+& Middle=&LastName=BACHER&Race=U&Sex=M&Age=&x=79&y=8. This shows in everything they do, Lance Puig just hasn't been
imprisoned - yet.
h) Lance Puig/York Street Properties is not a member of the TAA or local apartment assoc. That makes all leases signed with the TAA
lease agreements invalid. According to law, the tenant has a right not to honor agreement/no legal protection for investor.
i) A majority of properties remain vacant because they're in bad, un-leasable condition. The company is broke.
j) Houses are purchased at REO prices (50%), then sold to investors for 90% with minimum remodeling to justify that price.
k) Resale, should the investor be faced with that, is impossible at 90% - not to mention the probable liens on the property.
l) The 40% profit (j, above) is used to support Lance Puig's unjustified lifestyle and foreign online labor (paid at $5/hour).

There are many cases of fraudulent and/or misleading business practices utilized by Lance Puig and York Street Properties, et al. Do you homework before doing any sort of business with this man or his companies. Better yet, why take the risk? In today's economy it's difficult enough to make your hard earned dollars and credit work for you - why add dealing with a broke, unscrupulous and unethical partner to the mix? Don't believe what you read - Lance Puig is a professional at making things look one way, when his representations don't paint the real picture. Last reports have he and his family hiding in their house to avoid process servers.

Do your homework - there's too much to list here - don't leave any stone unturned if you need to prove to yourself that investing with Lance Puig/York Street Properties is a bad move. Don't leave any stone unturned before deciding to do business of any sort with this man and his companies - and if you do; get your money in advance - get your own attorney to verify all contracts - be sure you are protected to minimize loss when the "good faith agreements" are inevitably broken.

Update by Dallas Investor
Aug 25, 2009 2:28 pm EDT

I am a Dallas based investor who also works full-time to support my family. I see opportunities all over town and began looking into companies/persons that I could partner with. In my initial searches; Lance Puig, York Street Properties and York Street Homes came up frequently. So I started looking into the company.

My research included the BBB, banks, appraisers, court filings, looking at York Street Properties houses for rent, talking to a couple of renters/aspiring buyers, company employees (they like to talk - disgruntled, earnest or otherwise), County Sheriff's (process servers), a few of the individuals that had posted complaints on the internet, amongst others.

What I discovered motivated me to publish a few of the things I found out. Perhaps then, any hard working investor or company thinking about providing services to Lance Puig and companies would have a place to start their own research (so that an informed opinion and decision could be made on their own). The facts are easily verifiable.

Would I like to reveal my name in this forum? NO THANK YOU. After my first posting I was able to confirm that Lance Puig had allowed homes and investments of friends, business colleagues and family (including his mother) to be foreclosed on due to non-payment of mortgages. That's in addition to the numerous people he has already destroyed. Disregard for the lives, security and well being of people doing business with Lance Puig seems to be a recurring theme. Would I like to subject my family, home personal security to potential harm needlessly - NO! - my finding do not warrant that sort of trust in Mr. Puig. What I found was chilling.

Perhaps an earlier poster, Reidar Klaumann, has a good idea. It's possible that the State Attorney General would be interested in the financial affairs of Mr. Puig. I, however, do not have an actionable claim as I made a decision to stay away from his dealings. Here's contact information for those interested. There seems to be a lot of people harmed or mislead, perhaps a group effort would offer some protections or satisfactions:
http://www.oag.state.tx.us/
Attorney General Greg Abbott: greg.abbott@oag.state.tx.us
Main agency switchboard [protected]
Consumer Protection Hotline [protected]

I'm an above average earner, family man and hard working person trying my best to cope (if not profit from) the bad economy our nation, state and community faces. It's a time to work together, not work against one another. This also includes sharing information that could help fellow community members avoid a potentially hurtful situation. There are numerous credible facts available (as stated in my first post) and the focus of attention should be on those facts, not attacks on yours truly - which is what several of the above posters have decided to do (or perhaps one poster - Lance Puig using different names). Check the facts; check with BBB, check with TAA, talk to numerous service suppliers, contact tenants in York Street Properties homes, verify county records, speak with banks, there are many channels for credible information.

Our country is a beautiful place; we can express our opinions and make decisions freely. The internet and regulatory agencies make it possible to discuss, interact and take appropriate action. For me, I am walking away from Lance Puig and companies. For the parties already harmed, they may like to "band together" and act as they see fit. I hope this forum and my postings help somebody.

Good Luck and Best Regards,

Dallas Investor

Update by Dallas Investor
Aug 28, 2009 12:51 pm EDT

READERS HAVE ASK "WHAT IS A PONZIE SCAM ?"

A Ponzi scheme is a fraudulent investment operation that pays returns to separate investors from their own money or money paid by subsequent investors, rather than from any actual profit earned. The Ponzi scheme usually offers returns that other investments cannot guarantee in order to entice new investors, in the form of short-term returns that are either abnormally high or unusually consistent. The perpetuation of the returns that a Ponzi scheme advertises and pays requires an ever-increasing flow of money from investors in order to keep the scheme going.

The system is destined to collapse because the earnings, if any, are less than the payments. Usually, the scheme is interrupted by legal authorities before it collapses because a Ponzi scheme is suspected or because the promoter is selling unregistered securities. As more investors become involved, the likelihood of the scheme coming to the attention of authorities increases.

Update by Dallas Investor
Aug 28, 2009 5:20 pm EDT

Amigo Air can count themselves as one of the very fortunate ones. That leaves more than $600, 000 to go, just with debts to contractors!

Got questions on how HVAC contractors are paid? Contact Mr. Cool, American Mechanical, United Mechanical and many others that have registered complaints with various court systems in the Dallas Metroplex. Their contact information and complaints are readily available... better yet, contact York Street Properties for that information - they have 100's of pieces of correspondence from these companies... though probably discarded, just like investor, tenant and aspiring buyer complaints.

Update by Dallas Investor
Sep 01, 2009 12:57 pm EDT

I was asked to re-post the prison record link of Michael Bacher. I hope this works for you:
http://www.bop.gov/iloc2/InmateFinderServlet?Transaction=NameSearch&needingMoreList=false&FirstName=MICHAEL+&Middle=&LastName=BACHER&Race=U&Sex=M&Age=&x=79&y=8

For all who don't know, Michael Bacher is a long time employee and adviser to Lance Puig.

Update by Dallas Investor
Sep 01, 2009 4:38 pm EDT

A BLOG POSTED BY SCOTT LEONARD ON http://themaxonshow.com/2009/01/13/lance-puig/:

QUOTE...
Scott Leonard
Your comment is awaiting moderation.
September 1st, 2009 at 2:32 pm

BM,

That’s very nice that you would stick-up for your boss. Fact is, however, the man is crooked and these statements are about the VERY REAL sums of money that he’s swindled. These aren’t empty accusations, these are facts.

If you’ve been a party to the scam of York Street Properties, you and your family should know that you/they are eating while others are suffering and not eating because of the actions of the company you work for.

I know, you must think we’re rich Americans and can afford it. But we can’t. We also cannot survive and prosper when our credit ratings have been ruined by you scam.

As far as talking is concerned – that’s a joke – victims of the scam including investors, tenants and service providers have send 100’s of emails and left countless telephone messages, which have never been returned.

If the company you work for is honorable it will pay its bills. It’s as simple as that. Touting what a great company this is and what a successful business plan it has doesn’t work with an intelligent audience. Look at your REAL accounts payable, look at the investors properties that have been foreclosed on, look at your boss cowering in his house to avoid process servers, talk to the tenants that have bursting sewage pipes in their house, talk to the tenants that were promised they could buy their homes (not a single promise fulfilled).

If Lance Puig is going to go on radio talk shows, he should expect recourse from all the folks that have supported him in past, but lost. You, ultimately, will lose too. If you care about your family, you’ll lead your life honorably and begin looking for a new job.

There’s nothing false in what’s been said. If what you think is true, then get an AUDITED financial report for your company(s) and present it! If it’s REAL, you’ll be startled at what you see.
...UNQUOTE

In response to a post made by BM:
BM
August 28th, 2009 at 2:04 am

I have been working for YSP for almost 2 years now. Before YSP I been dealing with a lot of outsource company and most of them don’t pay and if ever they do the salary is really low. We are getting a lot of bonuses here and YSP is very generous to us. So I was shocked when someone is saying that YSP is not paying – that is so untrue. There might be a delay for other vendors cause there is a process they need to do before releasing money but they still get their pay.

Without YSP I will not be able to support my Family. We are 8 kids in the family and imagine how YSP can help me to survive our everyday expenses. We help people we make their dreams happen it cannot happen overnight but still we make it happen.

I am not saying all these because I am working for YSP, I am saying this because this is really what is happening. Almost every day I talk to Lance, I can see how he wants to make things better for other people. I know his intentions are all good… he also have a family don’t forget that. He cannot please everyone here but he doesn’t deserve all this bad comments. If you have problems with YSP it’s much better to talk to us and solve the issue than spreading false accusation.

BM

Update by Dallas Investor
Sep 13, 2009 9:46 pm EDT

I would agree with point 3 of the Investors comments above. It's highly unlikely that Puig has enough liquidity to pay his bills and with lawsuits that have already been filed and will be filed, it's highly unlikely he will ever pay anybody back.

What's intriguing are the "empty threats" he's making by saying "if you speak up in public I can guarantee you'll never get any money". It's really a silly comment to make, for obvious reasons. (A) If he wants to shut somebody up, just pay them. (B) The courts will decide who gets paid the way things are going, not Puig and his "machinery" (C) As Reidar Klaumann said (above), if the press releases are true and York Street Properties is "strong", then why doesn't Puig hire somebody who can successfully negotiate with the parties who claim injury and debt?

Lacking an action similar to point C, above, Puig appears to have nothing to say and no place to go. Bankruptcy will not quell the criminal complaints. Indeed that will just throw gasoline on the fire. He and his convict "ex" have gone too far.

Update by Dallas Investor
Sep 14, 2009 7:13 pm EDT

For what it's worth, I got the same letter from Joseph M. Nathan by email. It went into my spam box and will stay there. What a waste of time.

Michael, I'm really sorry to hear about the troubles you and your family have gone through as a result of York Street Properties. Please know that there are scrupulous investors doing business in Dallas. I have need for a good HVAC Technician from time to time. Please send me an email and I'll contact you next time the need arises.

Update by Dallas Investor
Sep 22, 2009 3:30 pm EDT

I have contacted the Specialized Crime Unit and explained the investment scheme that was presented to me. The Dallas County DA's office need more information - please contact them directly or through your legal representative !

Update by Dallas Investor
Sep 26, 2009 4:30 pm EDT

I thought the newsletter was excellent. I especially liked this part:

ILLEGAL PROPERTY FLIPPING; is the most common form of mortgage fraud, involving false appraisals and other fraudulent loan documents (US Attorney General, quote)…

ILLEGAL PROPERTY FLIPPING EXAMPLE:
• Perpetrator/house flipper buys a house for $40, 000.
• House flipper has the house illegally appraised for $160, 000.
• House flipper sells house for $160, 000 to a straw buyer who obtained a 80% loan of $128, 000 giving the perpetrator a profit of $88, 000.
• House usually results in delinquency, default, or foreclosure.
• The bank/financial institution is left with a $128, 000 mortgage on a $40, 000 property for a loss of $88000.
• Please see comment by Kendra Appraiser: Lance Puig + York Street Properties — False Representations + Payment Scam

Update by Dallas Investor
Sep 26, 2009 5:08 pm EDT

Wade - thanks very much for that post! A particular post by "Tom Burris | FHA VA & Conv. Texas Mortgage Loans (DallasLoanGuy.com)" caught my attention. He said " I haven't seen any of these lately. But at a prior place I worked, we had a couple. Both were averted with a lender field review of the appraisal".

It's my opinion (and a respected local Attorney), that Lance Puig went to specific Lenders that wouldn't do a review of the appraisal. If one Lender disageed with the value he would go to another. We also feel that Lance Puig started to have serious troubles with his scam when Lenders began requiring an "appraisal review" or use of their own Appraisers. Until then, "fraudulent operators" like Lance Puig could more easily manipulate all parties involved to facilitate the scam and mortgage fraud.

Investors definitely didn't have control and evidenced by:
1) Lance Puig chose Lender who wouldn't scrutinize the loan documents [for honesty] too carefully.
2) Lance Puig chose Appraiser (whom he controlled or colluded with).
3) Mortgage payments not made by owner.
4) York Street Properties is not a Property Manager and collected all funds illegally.
5) Tenant leases falsely showed York Street Properties as the owner rather than the "Investor/Straw Buyer".
6) There's much more, but those facts should be revealed in Court rather than here, in public.

Update by Dallas Investor
Sep 28, 2009 3:11 pm EDT

Thank you "Wise_Broker" for your input. Your remarks actually give credibility to statements made previously and also in this weeks newsletter.

To summarize; the majority of Investors and others were swindled prior to regulatory and lending institution processes being revised. To combat escalating cases of mortgage fraud more vigilance was necessary to protect financial institutions, as referenced in the efanniemae article you provided.

Points 1 & 2 are actually correct. However, as sited in the newsletter, the new controls (referenced in the article you provided) have greatly reduced mortgage fraud and ponzie scams perpetrated by people like Lance Puig. As testament to that fact, severe cash flow problems for operators such as York Street Properties began in early to mid 2009 (as Investors, Lenders, Service Providers, Tenants and others have testified).

Thank You for your input and the positive information that action is being taken to avert future financial disasters at the hands of operators like York Street Properties. As many very wise people have stated "self regulation by industry has not provided enough controls in past, obviously". The new thinking - increased controls combined with prosecution of past and future offenders is welcomed - particularly by members of this group !

Update by Dallas Investor
Sep 30, 2009 10:12 pm EDT

I was contacted by a very nice young lady this afternoon. She told me about all the websites, lawsuits, conversations and latest news.

More to the point, she asked if I needed help with filings or anything else to deal with Lance Puig. I thought that was absolutely fantastic and I offered all the information I could provide. I don't know York Street Properties investors but I'm happy to hear that somebody is looking for them and planning to put together a teleconference soon. Thanks for doing that, I really got a lot out of the conversation !

Wade, your comment on page 8 looks like it will be coming together. I was asked to send an email to yspvictims@gmail.com and identify whether I was and Investor, Tenant, Service Provider or Other in the subject line. It would be a great idea if everybody reading this blog could do the same thing - it would make it easier for the organizers to sort the mail.

Again - Thanks !

Update by Dallas Investor
Oct 02, 2009 10:06 pm EDT

THANKS FOR THAT. YOU ALSO MIGHT LIKE TO READ THE BOTTOM OF THE PAGE (/URL removed/) ... AFTER GIVING FAIR WARNING AND ALL THE REASONS WHY A LAWSUIT AGAINST [redacted] IS SILLY:

Comment: I Know the CDA (Communications Decency Act, 47 U.S.C. § 230) Protects [redacted], But I Am Going to Sue Anyway!

If you have read all of the above information and still want to file a lawsuit against us, there are some other points you need to know.

First, Rule 11 of the Federal Rules of Civil Procedure, and each state court's rules, generally require that all pleadings, including initial Complaints, must be presented in good faith, after a reasonable investigation into the facts and the law, and not made for an improper purpose such as harassment. What this means in plain English is that if you file a lawsuit which you know contains false claims, or if you sue without first conducting a reasonable investigation as to the law as it may pertain to the facts of your case (such as determining the identity of the author of the report(s) you are concerned about), you and/or your attorney can be subject to serious sanctions at the judge's discretion. Many who have sued settled with us and some have paid some or all of our attorney's fees. Other times we have defended the cases for years running up large legal bills for both sides. Either way, we never paid out a dime in settlement or damages to anyone who has sued us.

In addition to penalties a judge may issue, those who would threaten us need to be aware of another law which imposes civil liability on anyone who files a frivolous lawsuit. This claim is known as "wrongful use of civil proceedings" and it is defined by § 674 of the Restatement (Second) of Torts as follows:
(a) he acts without probable cause, and primarily for a purpose other than that of securing the proper adjudication of the claim in which the proceedings are based, and
(b) except when they are ex parte, the proceedings have terminated in favor of the person against whom they are brought.

Because [redacted] is immune from liability under the CDA for defamation-based and related claims, any suit that seeks to impose liability for the speech of our users is, by definition, an action brought "without probable cause". We encourage the prompt and fair resolution of disputes between [redacted] authors and those who are the subject of [redacted]s. However, [redacted] wants to be clear that it accepts no liability for the speech of its users, and it will vigorously defend any litigation brought against us which seeks to circumvent the CDA. In addition, any suit filed against us without probable cause may subject the complaining party and/or their attorneys to liability in the State of Arizona for wrongful use of civil proceedings. We don't mean to sound harsh, but if you knowingly file a frivolous lawsuit against us, regardless of where your case is filed, you and/or your lawyers can be subject to a lawsuit in Arizona in which a jury could, if appropriate, award both substantial compensatory and punitive damages against you.

Finally, you need to be aware that if you file a lawsuit simply to harass us, not only will this not work, it will very likely end up being EXTREMELY expensive for you. Due to the number of meritless cases we have had to defend, [redacted] has adopted a very strict policy about lawsuits -- once [redacted] is forced to appear in a case, it will not stipulate to a dismissal of the case unless the party who filed the action agrees to pay [redacted]'s attorney fees. There will be no exceptions. If you conduct a thorough investigation BEFORE you sue and you believe you have a valid case despite the CDA, it is your right to pursue your case and prove it in court. However, once you file a lawsuit, be prepared to either take it all the way to a decision on the merits or pay [redacted]'s attorney fees because [redacted] will not stipulate to a dismissal without compensation.

Update by Dallas Investor
Oct 04, 2009 10:25 pm EDT

Terri - great question. It's highly unlikely that [redacted] will release the information and will also fight the lawsuit with the typical zeal they are famous for. Pushing this to a "higher level" as Lance Puig has done will only increase pressure on him and cost legal fees (money he could be using to pay people).

It's really a rather silly effort. There are over 1000 readers, with over 7000 hits on the complaintsboard blog now. It appears that many people are making comments on numbers of other websites + other real estate fraud websites are beginning to reference this case on their sites. Does Lance Puig really believe he can "quash" the huge number of victims from speaking freely on every website in the US (and world)? If so, then he's a lot less intelligent than even this group gives him credit for.

His disagreeable efforts only increase the level of complaints voiced and written. Agreeable efforts on his part - REAL ONES, BACKED WITH REAL MONEY - is the only way to get what he wants.

Update by Dallas Investor
Oct 15, 2009 1:51 pm EDT

Great job by all who have or will send letters to the attorney! That list of claims that Lance Puig made is amazing... he's actually refuting that; he's been robbing Peter to pay Paul, he's paid all legitimate debts, hasn't frustrated debtors, his remodeling isn't substandard, investors haven't lost money or credit, houses have been lost to repossession, vacant properties are in poor condition, his repair and reimbursement system is substandard and York Street Properties investments are unreliable?

Semantics... and a vision that's purely the fantasy of Lance Puig's mind.

Update by Dallas Investor
Oct 31, 2009 4:01 pm EDT

Chin - all investors should be as thorough as your firm. Perhaps there would be far fewer unscrupulous operators in business.

Update by Dallas Investor
Nov 06, 2009 3:18 pm EST

As you may know, this Group has approached numbers of citizen action committee's, media and other victims groups. One of there is called TexasVox "The Voice of Public Citizen in Texas": http://texasvox.org/. It's a good group doing meaningful things for Texans.

Tonight they're having a "hoe-down" at the Barr Mansion in Austin. If you're close you might like to stop by. See you there!

Update by Dallas Investor
Nov 21, 2009 12:43 am EST

MOTION TO COMPEL RELEASE OF NAMES OF ONLINE AUTHORS DENIED.

Lance Puig has been telling everybody that "his lawyers" will take care of the authors on sites like /link removed/ complaintsboard.com and others... yeah right ! When facts are published why would the courts side with a cheap tactic put together by York Street Properties?

In a decision dated November 18th, 2009 the Honorable Edward O. Burke of the Maricopa County Superior Court stated "Plaintiffs' Motion to Compel Third-Party to Disclose Identity of John Doe is DENIED IN ITS ENTIRETY". CV [protected].

Lance you lost and this is a sign of things to come for you. The sad part is that you used other peoples money to file this lawsuit rather than just dealing with people openly and honestly. Your efforts to hurt people that say negative (and true) things about you is not the honorable approach to solve your problems. Paying people the money you owe them is !

Our "hats are off" to David Gingras and /link removed/ - they fought for our 1st amendment rights and won!

Update by Dallas Investor
Dec 28, 2009 1:11 pm EST

Bankruptcy of York Street Properties will not protect the personal assets of Lance Puig when Mortgage Fraud and other acts of fraud are proven.

To all vendors and ex-employees: Please send proof of fraud to: yspvictims@gmail.com

This is a great way to get the ball rolling again. Lance Puig has performed criminal acts and deserves to have his ill-hearted actions follow him for a lifetime. We are here to see that it does, no matter where he is.

Resolved

The complaint has been investigated and resolved to the customer’s satisfaction.

252 comments
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Michael Graham
, US
Jun 14, 2021 1:59 pm EDT

What is the outcome of this?

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HaHaHa_Useless_Foreigner
Boise, US
Oct 04, 2022 4:29 pm EDT

Don't think there ever was an outcome. I know that none of the 1099 contractors were interviewed unless they reached out to authorities on their own.

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York Street Damaged
Plano, US
Jun 21, 2011 5:04 pm EDT

Check out Facebook! Our "poster boy for scams and fraud" shows to have several hundred friends.
What nerve!

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York Street Damaged
Plano, US
Sep 27, 2010 7:27 pm EDT

Victim of Lance Puig!

Exactly how were you victimized?

And what action have you filed with the authorities?

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Victim of Lance Puig
No City, US
Sep 23, 2010 8:17 pm EDT

@York Street Damaged - Almost all tenants are already been contacted regarding that. Thank you.

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Victim of Lance Puig
No City, US
Sep 23, 2010 8:10 pm EDT

LMAAAOOOO @another victim of Lance P.

@Ex-vendor / Karley Grandy if I were you stop washing your hand like as if you didn't do anything, you know for a fact that you are part of the big game of Lance Puig. I think you forgot that all calls, meetings, email and chat logs of your people are recorded and that is all been distributed to the authorities. By the way, your stupid boss forgot to ask everyone to sign your useless contract LMAOOO! Oh one more thing if you think this is about the pay level you got it all wrong you don't have any idea how well off our life here. And how about you? Ur another piece of [censor] in America trying to survive. This is for all the people specially the tenant who cried and suffer because York Street Properties didn't do what they promise and been scammed like everyone. On the mortgage part we have evidence already on how you guys fake the filing of mortgages on almost all of your homes so you can get more money from a pig house that you put lipsticks on. Again I hope you like orange... LMAAOOO

@Investors/Victims who contacted me for the evidence thank you for making it happen.

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HaHaHa_Useless_Foreigner
Boise, US
Oct 04, 2022 4:25 pm EDT

Just wanted to giggle at the fact that Karley ever ended up in orange. Nice try though. ;)

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York Street Damaged
Plano, US
Sep 09, 2010 3:43 pm EDT

York Street Properties (Lance Puig), beginning in early Spring of 2009, resorted to collecting rents and not making the mortgage payments.
Depending upon the amount of $$$, this is considered felony theft.
If this happened to you, contact your closest police department, and file a complaint for felony theft against this crook!

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Ex-vendor
, US
Aug 27, 2010 10:37 am EDT

Funny how you attack, Karley. Obviously, just over her pay level. There are plenty of others involved as well. Guess because they made less, they know nothing. HA HA

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another victim of Lance P.
Fort Lauderdale, US
Aug 26, 2010 3:11 pm EDT
Verified customer This comment was posted by a verified customer. Learn more

oh c'mon ex Vendor.. you worked alongside Karley? or you are karley? haha you can't fool anyone anymore. You know very well how Lance operates. and you are part of everything. you are in charge of all the documents.. false documents i should say. don't wash your hands karley it's too late for that now. i hope you like orange.. coz it suits you!

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NICOLE2525
Dallas, US
Aug 18, 2010 1:20 pm EDT
Verified customer This comment was posted by a verified customer. Learn more

yorkstrrethomes.com [protected]

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Ex-vendor
, US
Aug 12, 2010 10:48 pm EDT

From what I heard Karley no longer is associated with Lance Puig, so I don't know that it's fair to slander her name. Many employees or vendors with the company did work under duress. They too had families to feed and many had the wool pulled over their eyes as to what was done with malicious intent and what was not. To personally attack her parenting is a pretty low blow considering she was working alongside YSP to keep her kids fed, what kind of mother does that? I mean, really, who in their right mind keeps a job when the economy is so horrible to keep their kids fed?

Should we name all the vendors that every did work Lori Bucarey (Argentina), Cindy *Bless* Monderin (Philippines) cindymonderin@hotmail.com, Apple Monderin (Philippines), Christine Monderin (Philippines), Merritt Wiley.. All who, I'm sure, would still be working right alongside Lance had they not been let go which probably is why they are trying to throw Karley under the bus since she was kept on for quite some time after others who made considerably less were let go. I believe Karley also worked in the states where $15 an hour really isn't a rich amount especially after taxes are taken out. People in the Philippines made $5 to 7 which is pretty decent money over there from what I gather. Perhaps, it's a jealousy issue to call her names on this board? From the grammar of the post, it's pretty evident that it's a past vendor probably from the Philippines who was let go and is possibly owed money by Lance. Way to show some character and class on this board by slandering someone out of ignorance and/or jealousy.

I worked alongside Karley and can tell you that her intention was never to scam anyone and that is probably why, if the rumors are true, she's no longer associated with the company. Maybe you should try contacting her to get information to help everyone out with their claims rather than try to slander a mother of two who kept a job to keep her kids fed in a struggling economy.

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Ex-vendor
, US
Aug 12, 2010 10:34 pm EDT

Karley Grandy no longer is associated with Lance Puig, so I don't know that it's fair to slander her name. Many employees or vendors with the company did work under duress. They too had families to feed and many had the wool pulled over their eyes as to what was done with malicious intent and what was not. I worked along side Karley and can tell you that her intention was never to scam anyone and that is probably why she's no longer associated with the company. Maybe you should try contacting her to get information to help everyone out with their claims.

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NICOLE2525
Dallas, US
Aug 10, 2010 6:06 pm EDT
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he still have properties for rent

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Victim of Lance Puig
No City, US
Aug 08, 2010 10:25 am EDT

Micheal,

That's exactly what is going on in my mind for the last few weeks... we are getting a lot of complaints from all of this people but nothing ever happen, no one even tried to stop him from doing the bankruptcy! Where are all the people who started this thread? Why is no one noticing that Lance is starting again to scam people? "WWW.LANCEPUIG.COM" They all just wasted their time posting here and sharing their experience with Lance... it feels like their just whining about it and did nothing at all! That's very clever don't you think!? LOL

If only I have enough money and capable of doing it (I cannot say why here) I WILL DO IT IN A HEARTBEAT. Lance Puig don't deserve to be enjoying life after what he did to a lot of people. I remember how he treats his tenants... and its very inhumane. He don't care if the tenant is pregnant living in the house with no electricity and no water. All he cares is the Security deposit and monthly payment for the house. One tenant who thought she is buying the house gave him $20, 000.00 under a quick purchase program without her knowing that that house is not even under Lance name hahaha and of course Lance took the money without telling the real owner of the house... I think that is Katrina Knovicova. Karley Grandy and John Marcello are the only people who process the papers for Lance they know the in and out... specially the [censor] Karley Grandy! She is getting paid for $15/hour to do all this... knowing she have 2 kids is sick cause that is the money she use to feed them. WOW what kind of a mother will do that for her kids. Birds of a feather flock together is all I can say for Lance, Karley and John. That three [censor]s deserve to be in jail. COMMON PEOPLE DO SOMETHING ABOUT IT! Don't let this [censor]s scam another family and leave them homeless again!

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Michael Beltini
Dallas, US
Aug 07, 2010 10:49 pm EDT

Lance Puig is a VERY BAD GUY who has hurt people very deeply. Investors, Contractors, Tenants, Employees, you name it.

What's going on is that people who have been hurt by this guy don't seem to be pursuing meaningful legal avenues to record their grievances and possibly get recovery of some kind. That's something that's hard to understand.

Never the less, a renewed campaign to keep others from being hurt in future should be started. What company name did you see the house on Summit Ln being advertised?

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NICOLE2525
Dallas, US
Aug 07, 2010 5:31 pm EDT
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WHATS UP WITH THE HOUSE ON SUMMIT LN? IF THIS GUY IS SO BAD HOW IS HE ABLE TO STILL BE IN BUSINESS? I DONT UNDERSTAND WHATS GOING ON

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Stacy Nelsonovic
Philadelphia, US
Jul 20, 2010 2:43 am EDT

Perhaps we can put our network to some good use and find out what "Lance Puig and his Merry Band" are doing presently.

Does anybody know? Can anybody find out?

That could be the first step to a pinstripe suit.

We're looking forward to hearing from anybody that can help... Thanks!

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York Street Damaged
Plano, US
Jul 19, 2010 9:14 pm EDT

It's high time that Puig the felon is wearing pinstipes in Huntsville.

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Michael Beltini
Dallas, US
Apr 20, 2010 12:49 pm EDT

The person at York Street Properties I spoke with referred to her as "quicksilver" but l will have a look at some of my records and let you know what the name is. Everybody associated with Lance Puig's criminal organization should be exposed.

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Stacy Nelsonovic
Philadelphia, US
Apr 19, 2010 6:46 pm EDT

One of the worst experiences I had at York Street Properties was with a female contractor they used for repairing their houses (my house).

There was an interesting article in New Orleans about the same named person (from Duncanville, TX). Before I blast her all over the internet, go to the Dallas District Attorney to have them keep an eye on her and ask the DMN to re-publish that article - I would like to confirm her name with this group. Please tell me the name if you know it - just so I'm sure.

Did you know that the Secretary of State is planning to publish all names of contractors reportedly involved with contractor fraud related crimes... and also it is likely that all general contractors will likely have to be licensed in the next couple of months? Maybe that will help put some of Lance Puig's cronies out of business too.

Somebody, please let me know this woman's name. Thank You

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YSP victim
Millers Creek, US
Apr 14, 2010 4:56 pm EDT

I had a private mortgage insurance company call me today that I had insure the loan on one of my rental homes. Because I defaulted on the loan they were calling me about my financial information I had provided. The woman told me that they had several accounts down for my finances and one of them was with Ozark Bank who I have never heard of. I told her the situation with the company and I told her it sounded like mortgage fraud. If you or your attornies haven't already contacted the private mortgage insurance companies that insured your properties through the bank loan then I would have them get the financial documents that York Street submitted to see if they had falsified your income and finances.

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scammed by puig
Rosemead, US
Apr 02, 2010 11:51 am EDT

Meeting of the Creditors - April 26, 2010
Time: 1:40 pm
Location: Office of the U.S. Trustee, 1100 Commerce Street, Room 524, Dallas, TX 75242
Tel of the bankruptcy court: [protected]
Case No: 10-31864-bjh7
Deadline to file a complaint objecting to discharge of the debtor or to determine dischargeability of certain debts: 6/25/10

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Concerned Contractor
Dallas, US
Apr 01, 2010 12:10 pm EDT

Throwing good money after bad is a characteristic of doing business with Lance Puig. I certainly hope the authorities aggressively pursue criminal charges.

By the way, chapter 7 will not be considered by the court if his dealings are deemed dishonest, fraudulent or otherwise deceptive. Does anybody have information on the court filing/case, Judge who´s hearing the case, etc? Public comment should be made by "our group" and individually to deny his bankruptcy petition. Not only with that waste his/our money but it will also open the window for additional filings and liens

Please, if anybody has details on the bankruptcy filing, please post it here.

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Real Estate Investor
La Habra Heights, US
Mar 31, 2010 10:39 pm EDT
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I have not wanted to put more time & money into an obvious "bad" investment & lose more. I knew he would eventually claim bankruptcy. It was quite obvious. I have contacted authorities & cooperate with their on going investigation.

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Concerned Contractor
Dallas, US
Mar 31, 2010 12:55 pm EDT

Real Estate Investor,

Sorry to hear about your losses... apparently a common ocurrance in the world of Lance Puig.

It appears he thinks that filing personal bankruptcy will resolve his problems. This fellow belongs in an orange jumpsuit and it sounds like you could help put him in one.

Have you made any legal filings?

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Real Estate Investor
La Habra Heights, US
Mar 31, 2010 11:04 am EDT
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Just about every complaint I have read on this site happened to me as well. I was so excited about his investment opportunity in the beginning and was able to "qualify" for several homes that York Street had supposedly rehabbed. Here's some hard cold facts:
1. He sold the homes to me as "completely rehabbed." They were in such poor condition that the tenants started moving out & left me high & dry with no rent & a house I had paid retail for.
2. He "sold" the homes to the tenants before selling to me. So after the closing & not getting paid the rents by Lance's Property Management company, I fired him & contacted the tenants to directly pay me. They couldn't believe I had bought "their" home. They then showed me their contracts with York Street in which they believed they had purchased the home. I lost 4 tenants becuase of this.
3. Kitchen cabinets fell off the walls.
4. Electric box was changed out but not the rest of the home so everytime more than 2 appliances were used it was short circuited. Come to find out there was extension cords in the attic being used for electric plug ins. A total fire hazard as well.
5. Lance Puig & York Street promised to pay the first 3 months rent on each home but never did pay the full amount.

It doesn't surprise me that the man is going bankrupt. You can only rip people off for so long before it all catches up to you. Unfortunately he owes me money but it was obvious he never intended on paying any of it.

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Michael Beltini
Dallas, US
Mar 30, 2010 7:06 pm EDT

One of the primary purposes of bankruptcy is to discharge certain debts to give an honest individual debtor a "fresh start." The debtor has no liability for discharged debts. In a chapter 7 case, however, a discharge is only available to individual debtors, not to partnerships or corporations. 11 U.S.C. § 727(a)(1). Although an individual chapter 7 case usually results in a discharge of debts, the right to a discharge is not absolute, and some types of debts are not discharged. Moreover, a bankruptcy discharge does not extinguish a lien on property.

Also noteworthy is the word "honest". As Lance Puig is clearly not honest and the subject of fraud investigations (as well as thye obvious act of fraud, as many here know), the possibility that bankruptcy not applying or being rejected exists.

You may also note that chapter 7 doe3s not apply to corporations.

Bottom line - get your complaints into the bankruptcy court. Also, do not gi9ve up on the criminal charges ------ keep contacting the DA, FBI Mortgage Fraud unit and others.

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York Street Damaged
Plano, US
Mar 30, 2010 3:07 pm EDT

Well folks! It appears that we are all too late. Puig has filed Chapter 7!

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SEEKING FRAUD VICTEM
Dallas, US
Mar 15, 2010 9:25 am EDT

A friend of mine and I were scammed by Lance and we are searching for a third victem to proceed with a legal action to force bankruptcy on Lance and York Street Property. Please send me a message

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Stacy Nelsonovic
Philadelphia, US
Mar 11, 2010 2:37 pm EST

SCHOLTA RUSSELL O & MARY ANN
3535 TAOS ROAD
APPLE VALLEY, CALIFORNIA 92307

Watch Out Scholta's !

York Street Homes and Bradshaw Green 27 are simply cover operating companies for Lance Puig and York Street Properties.

It appears Lance Puig is now operating as York Street Homes and retaining assets in the LLC called "Bradshaw Green 27". Good places to look for all those wanting to recover from this crook !

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York Street Damaged
Plano, US
Mar 02, 2010 5:11 pm EST

The word on the street has it that Puig is preparing to file bankruptcy.
If you have a cause of action, you'd better get on it!

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Concerned Contractor
Dallas, US
Jan 29, 2010 2:46 am EST

That's right - get your lawsuits filed, get on your attorney's to take aggressive action, talk with the Dallas District Attorney about criminal charges, talk to the FBI about criminal charges, file complaints with the Better Business Bureau and most importantly - keep posting complaints on internet posting boards !

This guy should not get away with more dishonesty

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Lance Puig / YSP Victims
Dallas, US
Jan 25, 2010 4:04 pm EST

Readers and Victims. Please contact the following at the FBI:

Agent Charles Wingo
972.559.5000

We are getting information that Lance Puig believes "the storm has passed" and he is now free to begin bilking people again. Take a stand and show him this is not true. There is much legal activity still going on but everybody needs to contribute.

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Tom Spenser
Dallas, US
Jan 19, 2010 11:50 pm EST

What was that?... 3 generations of lies and falsehoods?

It appears the Lance Puig is now beginning to write positive things about himself and York Street Properties again... keep up the postings all over the internet and the lawsuits !

Perhaps 2010 is the year of the orange suit ! It's certainly not a black suit - he was seen in Dallas today.

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Sid Latham
Dallas, US
Jan 19, 2010 4:32 pm EST

Puig is not smart or courageous enough to pull off a really good death that preserves life insurance payments to family and payments to debtors against his estate...

I think this rumor about his death is exactly that... A RUMOR posted by some twisted soul (perhaps even Puig himself)

If not... good riddance

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Terri Franks
Dallas, US
Jan 19, 2010 3:12 pm EST

Hell of a way to get out of paying payroll, financial debts and debts to society.

If true, his depression couldn't be any worse than the massive amounts of grief he inflicted on others. But then we've always known that he's not a man of professional and personal character.

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Tom Spenser
Dallas, US
Jan 19, 2010 3:06 pm EST

I would agree... I just skimmed through DMN and looked at the website. Nothing has been printed on this. Sounds like a prankster from Waco made this posting.

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Stacy Nelsonovic
Philadelphia, US
Jan 19, 2010 2:55 pm EST

This sounds like a very dubious claim to me. The facts need to be verified.

There were too many ways for Lance Puig to get things resolved in some fashion (including an escape to foreign soil) for this to ring true.

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Moria Casan
FAIRFAX, US
Jan 19, 2010 2:01 pm EST

Hello Marlin Schwarts, how did you come across this information? Is on the newspapers somewhere. I would like to know.

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York Street Damaged
Plano, US
Jan 14, 2010 5:48 pm EST

If you want to get sick at your stomach, click on the following.
Then enter "York Street Properties:
http://www.bignews.biz/

He's still trying to scam the unsuspecting!

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Stacy Nelsonovic
Philadelphia, US
Dec 28, 2009 1:31 pm EST

As Candy Nichols stated:

FRAUD: The word is used in many different contexts. Here's a legal quote:

WHAT CONSTITUTES FRAUD
Under common law, three elements are required to prove fraud:
1) a material false statement made with an intent to deceive (scienter)
2) victim’s reliance on the statement; and
3) damages.

Authors have credibly stated the experiences in many different places - grouping together with similar experiences will strengthen the first element.