Florida Attorney General Agrees to $1.6M Settlement with Construction Firm

April 22, 2008

Florida Attorney General Bill McCollum announced that his office has reached a $1.6 million agreement with a Collier County construction company and its president, resolving complaints that more than 100 construction jobs were paid for but never completed.

Although he has filed for bankruptcy, Richard Leli and his company, Richard Leli Homes Inc. have agreed to a court judgment which will allow affected consumers to seek up to $25,000 per claim from the Construction Industries Recovery Fund, according to McCollum.

The AG received complaints from more than 100 homeowners who paid deposits to have homes built in Collier County. Despite numerous attempts to resolve their complaints with Leli, the consumers never saw their homes completed and their deposits were never returned. Leli and his company have been in business since 2004, McCollum said.

As part of the agreement, which has been filed in Collier County and will require Court approval, Leli must surrender his construction licenses and any other occupational licenses he may have obtained. He will be prohibited from engaging in construction in Florida, or in any business which accepts advance deposits from consumers in the Florida. He has also reimbursed the state $22,000 for the cost of its investigation, McCollum said.

Source: Office of the Attorney General of Florida

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