Thursday, December 19

$800,000 in Restitution Distributed to Victims of Vision Property Management’s Unlawful Contracts

(WNY News Now) HARRISBURG — Pennsylvania Attorney General Michelle Henry said today that more than 250 customers affected by illegal rent-to-own agreements with Vision Property Management had received more than $800,000 in restitution.

Customers who have returned a completed questionnaire to the Office of Attorney General will receive a reparation check as part of this settlement. Checks for those customers should arrive in the coming weeks; they have already been notified. As directed by the Allegheny County Common Pleas Court, over 250 customers were given properties under rent-to-own agreements with Vision Property Management in 2021 and 2022. Customers who were already deeded homes did not receive the payments.

Defendants Alexander and Antonio Szkaradek, the architects of the Vision scheme, and ACM Vision V, a division of Atalaya Capital Management, which took part in and provided funding for the allegedly illegal activity, are still facing legal action. The Commonwealth will keep pursuing civil fines and further reparations against these parties.

Senior Deputy Attorney General Susan Apel is still in charge of this case.

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