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Attorney General Michelle Henry Distributes More Than $800,000 to Victims of Vision Property Management

PENNSYLVANIA RECORD

Friday, December 20, 2024

Attorney General Michelle Henry Distributes More Than $800,000 to Victims of Vision Property Management

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Atttorney General Michelle Henry | National Association of Attorneys General

Attorney General Michelle Henry is pleased to announce that the Office of Attorney General mailed checks totaling more than $800,000 to more than 250 Pennsylvania consumers who were evicted from homes or vacated them under unlawful “rent to own” contracts with Vision Property Management, pursuant to a consent decree with certain defendants approved by the Court earlier this year and a prior settlement with Archway Community Properties.

Those receiving a restitution check as part of this settlement are the consumers who have returned a completed questionnaire to the Office of Attorney General. Those consumers have  already been contacted and should receive their checks within the next few weeks. In 2021 and 2022, approximately 250 consumers were deeded homes under “rent to own” contracts with Vision Property Management, as ordered by the Allegheny County Common Pleas Court. The funds were not distributed to consumers who were already deeded homes.The lawsuit continues with respect to defendants Alexander and Antonio Szkaradek, the masterminds of the Vision scheme, and ACM Vision V, a subsidiary of Atalaya Capital Management, which participated in and funded the allegedly unlawful behavior. The Commonwealth will continue to fight for additional restitution and civil penalties against these parties.

This matter continues to be handled by Senior Deputy Attorney General Susan Apel.

Original source can be found here.

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