Stephen D. Webster, the owner of SUCCESS Real Estate, announced its closure in an email and faces lawsuits for nearly $500,000 in withheld commissions and loans.
The lawsuits allege Webster committed unfair practices, accepting funds yet failing to pay agreed commissions, resulting in significant financial losses for multiple realtors.
One plaintiff, Kristen Dailey, claims she is owed close to $153,000, emphasizing the severe impact on realtors who relied on Webster's promises for payments.
The plaintiffs accuse Webster of embezzlement, stating he misappropriated funds from completed real estate transactions and failed to repay loans solicited from them.
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