NY-AG v. Vision Property Management, LLC

Vision Property Management, LLC, CEO Alex Szkaradek, and other affiliated companies allegedly operated an unlicensed mortgage lending business in New York. Vision allegedly offered disguised, predatory subprime home loans and finance-lease hybrid agreements. According to NY-AG, Vision targeted and took advantage of vulnerable New Yorkers, trapping them in dilapidated homes with hazardous conditions, while allegedly charging high-cost interest rates.

Summary generated from official New York Attorney General press release