Judgment obtained in favor of underwriter for losses due to agency fraud

Bill Sauerwein and Trent Bond concluded a major fraud case against a title agency and obtain a $3.5m judgment. Hein Schneider & Bond P.C. represented a national title insurance underwriter against a real estate title and closing agency formerly based in Springfield, Missouri that misappropriated escrow funds from hundreds of its customers. On behalf of our client, we investigated the fraud, petitioned to shut down the agency, enjoined its check kiting and banking activity, and sued to recover losses paid to insureds. Today, in a hearing conducted by Trent Bond, the court entered a judgment the amount of $3.5 million dollars against the agency and its individual owners in favor of our client.