RICHARD ROOP – REAL ESTATE SCAMMER

Tom Martino   July 28, 2016   Comments Off on RICHARD ROOP – REAL ESTATE SCAMMER

Richard Roop still has an active website promising to make you money in real estate. What his website does NOT mention on his website are his numerous charges for real estate and securities fraud, nor does it mention his jail term for violating court orders.

This Woodland Park man and his company were ordered by Denver District Court to stop selling ownership interests in mortgages on distressed houses. ┬áThis comes after numerous allegations that he has bilked investors for more than than $1.6 million in what regulators say is a Ponzi scheme. ┬áThe Securities Division revoked Roop’s securities license in 2012.