Illinois Attorney General Kwame Raoul on Wednesday filed a lawsuit against MV Realty PBC and MV Realty of Illinois, as well as corporate managers Amanda Zachman, Antony Mitchell, and David Manchester, for allegedly tricking financially strapped consumers into confusing and convoluted 40-year real estate brokerage contracts.
The defendants have previously marketed themselves as a real estate brokerage firm providing a “one-of-a-kind,” “innovative” way to conduct real estate transactions.
In reality, MV Realty aggressively targets vulnerable consumers in dire need of money and locks them into contracts spanning decades with hidden fees and severe limits on their ability to sell their homes.
