EL PASO, Texas (KFOX14/CBS4) — More than 35 victims have filed a lawsuit against Sierra Title Company, seeking over $1.4 million in damages.
The plaintiffs allege they were defrauded by individuals operating out of Sierra Title offices, who promised homebuyers properties they never received.
According to the lawsuit, the victims were lured by Facebook ads and instructed to meet at Sierra Title’s Mesa Street or Lee Trevino locations, giving the transactions an appearance of legitimacy.
Buyers were asked to provide down payments ranging from $15,000 to $50,000 to Sierra Title employees and the individuals involved.
They were assured that home closings would occur within 30 days, but the transactions never materialized, and the funds were not returned.
The victims are now demanding repayment of the down payments and monthly payments made.
Attorneys David Joseph Morales and Francisco F. Macias are representing the plaintiffs.
They are inviting more victims to join the laws.
KFOX14/CBS4 has reached out to Sierra Title is waiting to hear back.
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