15 charges in property scheme
STEPHEN JOSEPH CORMIER
A man from England is the latest to file charges against a Nokomis man and his title and escrow company. The company allegedly absconded with more than $1 million in investment funds related to various real estate deals.
Stephen Joseph Cormier, with A Clear Title and Escrow, was first arrested in August for transferring $150,000 from a client in Hawaii without proper approval. He placed the funds into a trust pursuant to a real estate deal entered into a year earlier, and kept the $10,000 fee.