Complaint Review: The Legacy Group
The Legacy Group Randy King Andrea Trout Matt King Breach of Contract, Breach of Fiduciary Duty Colorado Springs Colorado
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Principal people in The Legacy Group mismanaged multiple residential real estate projects that resulted in the partial and/or complete loss of investor capital. Loss of investor capital has been in the millions of dollars.
Principals in the company also breached fiduciary responsibility by failing to collect monies owed to the trusts and distribute such to the Settlors of each trust.
Principals in the company also responsible for breach of contract by failing to provide annual accountings to primary beneficiaries of a trust, by failing to loan trust estate proceeds to non-third-party borrowers, and by converting the trust real estate loans into ownership equity in LLCs.
This report was posted on Ripoff Report on 04/13/2018 02:51 PM and is a permanent record located here: https://www.ripoffreport.com/reports/the-legacy-group/colorado-springs-colorado-80907/the-legacy-group-randy-kingandrea-troutmatt-king-breach-of-contract-breach-of-fiduciar-1438606. 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. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content
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