Friday, September 5, 2008

FBI probing Lindsey Hunter's role in real estate deal

Attorney Michael J. Smith of Sterling Heights said his client, Bruce McClellan of Waterford Township, recently told the FBI that Hunter and Iron Johnson, Hunter's partner in L&I Enterprises, promised to pay him $300,000 in 2007 to buy the house in the 1700 block of Morningside Way. The deal called for McClellan to hold the house for one or two months until it could be purchased by someone else.

But the purchaser never materialized, McClellan never got his $300,000, his excellent credit rating is ruined and the house went into foreclosure, McClellan told the FBI.

Smith told the Free Press he's contemplating suing Hunter and others to recover damages for McClellan, who is on the hook for the $1.25 million mortgage.

It's unclear what Hunter had to gain from the deal.

Hunter could not be reached for comment Monday, but his lawyer, Deano Ware of Redford, said: "Lindsey Hunter hasn't done anything wrong.

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