Disclaimer: The following summary is based on public legal filings and court records.
The Karney Group represented to victims in many occasions that they have purchased Kensington Towers, a 65-unit multifamily property located in Omaha, Nebraska. However, court records indicate that the group did not complete the purchase or secure the required financing for the transaction. Despite this, representations of ownership allegedly continued into mid-2021.
Some of the claims in alleged NE lawsuit include how Karney Group have requested funds for EMD and how they repeatedly lied about the acquisition of the property .
The actual seller of the property initiated legal action and was awarded a judgment of approximately $50,000 in connection with the failed transaction.