ED Magedson – Founder
Prospect Equities and Rich Killian1 Trans Am Plaza Oak Brook, Illinois USA
Prospect Equities and Rich Killian Killian in multiple foreclosures Oak Brook Illinois
For such a successful "American Businessperson" I am shocked at how irresponsibly Rich Killian manages his personal and corporate finances. All you need to do is to log into two sites, www.ccrd.info and www.cookcountyclerkofcourt.org and search by name Killian Richard or Killian Richard M. Note that on his Orland Park office, Mr. Killian is in FORECLOSURE and has hired an attorney to defend his "asset." Note that on his Schaumburg office, Mr. Killian is in FORECLOSURE and has hired yet another attorney to defend him. Note that on his "John Hancock corporate apartment" that he promotes to agents and franchisees he is DELINQUENT in assessments and the association has needed to sue him to recover past due assessments. Note that his home in Lemont has a LIEN in excess of $150,000 for a judgment related to the Prospect Equities corporate offices, known as 1 TAP 500 LLC (Mr. Killian hired an attorney to defend that Oak Brook property too, which is in FORECLOSURE).
Bottom line, as a managing broker, with so many liens, unpaid loans, and unpaid obligations, do you really think this Harvard-educated person is qualified to supervise agents objectively to sell your home, or hold your earnest money? Probably not. It's a wonder the financial press hasn't picked up this scam. All we can say is that if you choose to buy a home represented by this firm, insist that your earnest money be held by an attorney. As for Mr. Killian, perhaps we could have a radio show where he describes how he can benefit from his "Hardship Home Foundation" to help himself pay his creditors and association that he has obviously refused to pay thus far.
This report was posted on Ripoff Report on 10/26/2013 06:44 PM and is a permanent record located here: http://www.ripoffreport.com/reports/prospect-equities-and-rich-killian/oak-brook-illinois-60102/prospect-equities-and-rich-killian-killian-in-multiple-foreclosures-oak-brook-illinois-1094861. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.
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