Title Co., Brokers Take $16.5M Hit In Real Estate Fraud

Law360, Houston (December 21, 2012, 7:48 PM ET) -- A Texas jury on Thursday hit Charter Title Co., Marvin Zindler Jr. and a group of real estate brokers with a $16.5 million judgment, finding they cheated a Houston businessman who contracted the group to help him buy valuable land near Exxon Mobil Corp.’s future headquarters.

Jurors were “shocked by the level of wrongdoing” by the title company and brokers with Bandier Realty Partners LLC, who were contracted to help Doug Britton purchase 101 acres near Exxon’s new campus, but cut him out instead, Britton’s attorney...
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