6/18/07
My name is David, and I am writing to report a crime that was committed against my wife and myself recently by Bound Services, LLC, and one Derek Bollwinkel. Essentially, what Mr. Bollwinkel did was switch paperwork while were selling him our home, effectively stealing about $40,000.00 from us. He showed us one copy of a promissory note that contained TWO terms to be fulfilled by him prior to gaining ownership of the property He would pay off the existing lien for about $130K, AND pay us the balance of our agreed upon sales price of $175K by June 7th. The wording clearly stated that he would fulfill terms A AND B. We reviewed this document while waiting to see the Notary. What we didnt notice until a week or two after signing ownership of our home to him, was that he had somehow switched documents as we approached the notarys desk, and that the new document was worded terms A OR B. (see attached promissory note)
With the use of the word or in the promissory note, it makes no sense at all for either party. We obviously would not give him our home for $30K, and still have the liability of the $130K we owed (term B), nor would he be willing to simply give us $30K, and not receive ownership of anything (term A.) The note ONLY makes sense if both terms are fulfilled. He had already given us $5K earnest money, and had promised to pay us the balance of the $175K in the form of paying off the $135K owed (which later decreased to $130K because of the elimination of an early prepayment penalty by the mortgage company,) and giving us an additional $40K to pay the balance in full.
To summarize, Mr. Bollwinkle has defrauded us of a total of $40,000.00, and we ask that you help us get our money back and shut him down from stealing from someone else.
0 comments