Thursday, June 25, 2020

All of Fotis Dulos’ properties now in foreclosure


All of Fotis Dulos’ properties now in foreclosure

FARMINGTON — The one-time property empire owned by Fotis Dulos and his high-end real estate company is being dismantled by foreclosure proceedings as his estate makes its way through probate court.

Fotis Dulos died Jan. 30 from an apparent suicide while facing murder and other charges in connection with his estranged wife’s death and disappearance. Jennifer Dulos was last seen on May 24, 2019 and has been presumed dead based on blood evidence found in the garage of her New Canaan home, according to arrest warrants.

Attorney Richard Weinstein, representing Jennifer Dulos’ mother, expects to have the title to the 14,000-square-foot Jefferson Crossing property in Farmington by late July.

Jennifer and Fotis Dulos lived in the home until June 2017 when she left with their five children for New Canaan and filed for divorce.

Fotis Dulos remained in the home with his former girlfriend, Michelle Troconis, and her daughter. At the time of his death, Fotis Dulos had not made mortgage payments for about a year, Weinstein said.

Weinstein said he will put the house up for sale once he receives the title. He expects a judge to grant him the title as soon as this week, but there will then be a 20-day appeal period.

Gloria Farber moved to foreclose on the house last year as Fotis Dulos was the prime suspect in the death and disappearance of her daughter.

Five other properties owned by Fotis Dulos are also in foreclosure proceedings, court records show.

A Superior Court judge recently awarded Farber nearly $2 million in two lawsuits she filed against Fotis Dulos on claims he failed to repay her family business loans made to him while he was married to her daughter.

Attorney Kent Mawhinney, who at one point represented Fotis Dulos in the lawsuits, and Troconis have each been charged with conspiracy to commit murder in the Jennifer Dulos case. Troconis also faces tampering with evidence and hindering prosecution charges.

The estate of Fotis Dulos is now in probate court as Farber raises the couple’s five children. The items owned by the Dulos children that were still in the Jefferson Crossing house were retrieved last week, Weinstein said.

Troconis had also filed paperwork with the probate court in Farmington to retrieve her personal property from the home.

Hartford Superior Court Judge Cesar Noble agreed Thursday to allow Farber to receive $25,000 from the estate in legal fees for bringing forward one of the lawsuits, which claimed Fotis Dulos stopped paying a $500,000 loan that was used to help build the Jefferson Crossing house.

People’s Bank has started foreclosure proceedings on three other Farmington properties owned by the Fore Group at 80, 84 and 88 Mountain Spring Road, court records show. Harry Masiello, a longtime friend of Fotis Dulos who loaned him $600,000 in 2017, is now foreclosing on an Avon property at 585 Deercliff Road, which is just a few hundred feet from the Jefferson Crossing home.

The Savings Bank of Danbury started foreclosure proceedings in late 2019 on a Sturbridge Hill Road home in New Canaan that Fore Group had developed and planned to sell.

Farber and Masiello are named as defendants in several of the foreclosures since they have liens on the properties. The properties at 80, 84 and 88 Mountain Spring also have a $6 million lien placed by a bail bond agent who signed off on the $6 million bond that released Fotis Dulos from prison in January when he was charged with murder.

The probate court is still working on “sensitive issues” as the estate is finalized, Weinstein said. All money remaining from the probate process will go to the children who have been in Farber’s care since their mother disappeared, Weinstein said.

Full Article & Source:
All of Fotis Dulos’ properties now in foreclosure

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