I was in the market for a boat and was using a broker with Consolidated Marine also known as Ship and Sail.
I found a boat that I liked on January 10th and issued a deposit check for $20,000 which was to be deposited into an escrow account per the preliminary purchase agreement. This vessel was rejected in accordance with the purchase agreement so Consolidated Marine and I continued to shop for a suitable boat.
I requested the deposit be returned to me on several occasions between January and March but the money was never returned. On March 23rd we signed another agreement but I rejected this vessel based on the survey.
At this time the employees of Consolidated Marine became very rude and attempted to bully me into buying this vessel. I wrote a letter of vessel rejection with a request for a deposit refund and never received a response.
I learned during the month of April that the owner of the Marine cashed the deposit check and spent the money for personal usage.
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