NEVADA – $2 million awarded to couple in condo fraud case

Las Vegas Review-Journal:  $2 million awarded to couple in condo fraud case
August 15, 2014

Frank and Amy Taddeo are among more than 200 Meridian owners who sued the developer, American Invsco Corp., and other entities in federal court. Attorney Michael Mushkin said the Taddeo case was the first to result in a verdict.

The trial began Tuesday in U.S. District Judge Andrew Gordon’s courtroom.

Jurors found that both American Invsco and Koval Flamingo, a limited liability company that was formed to hold title to the property, had fraudulently concealed a floor covering condition that compromised the structural integrity of the Taddeos’ unit, which the couple had purchased as an investment.  Read more:

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