Bounty Hunters

Deceased Larry Preston’s Son’s Sale of Humble Property to Gold Coast Equity LLC for Ten Bucks

LIT’s Real Scumbag Series: The fraud on the court involving Larry Preston’s sons and a legal bandit, Texas lawyer Erick Delarue.

LIT COMMENTARY

DEC 1. 2024
DEC 1, 2024

Last update and/or visit by LIT

The fraud by Larry Preston’s son(s) impacted recent reviews on LIT.

As a result, we’re updating our findings to reflect a more accurate reflection of the legal malfeasance and fraud related to the 5709 Langley property, which has been addressed in separate articles on LIT, as discussed herein.

Larry C Preston Jr died Oct 20, 2022.

He had two sons, one of who was given his father’s name, Larry C Preston, the only difference being the salutation, which for the son is III, e.g. Larry C Preston, III.

We noted in 2023 that  Larry Preston, now residing in Arizona, transferred his property for a mere $10 according to a General Warranty Deed dated May 8, 2023, assigning it to Gold Coast Equity, LLC.

However, this was not for the 5709 Langley property, but for a homestead at 9103 Blue Cedar Ln, Humble, Texas, 77338.

Apparently, the father Larry C Preston, Jr had purchased the home in 1998, perhaps in anticipation of a growing family, including his son Larry, who was born in 1989.

In 2021, father Larry completed a loan modification with his lender – Wells Fargo – for the Humble property, consolidating mortgage arrears.

After his death 2022, the son(s) Larry and Jacob Preston appear to have sole the home to Gold Coast in 2023.

The recipient, a HAR realtor named Scott McClellan, has a history marked by sanctions.

Notably, Gold Coast does not have a realtor license – which is in the name of Networth Realty of Houston, LLC – and the main reason he was sanctioned.

It appears the home was remodeled and sold to KINJO KAZUYA around September of 2023.

The Real Scumbag Series: Investigating Nanik Bhagia’s 10-Year Connection to 5709 Langley

Deceased Larry Preston’s Connection to 5709 Langley Houston, TX 77016 Reappears: Harris County Courts Rename Him Sui Juris.

Judge: Stop the Foreclosure Auction as Bandit Lawyer Delarogue Has a Fake Home Buyer

LIT’s Real Scumbag Series notes Erick Delarue has filed another fraudulent lawsuit in Harris County District Court.

Real Scumbags Series: Who is Real Estate Investor Ramesh Kapur DBA AIC Management?

We’re trackin’ Ramesh Kapur, DBA AIC Management Co.’s lawsuits, lawyers and real estate dealings and of course, the family tree.

Deceased Larry Preston’s Son’s Sale of Humble Property to Gold Coast Equity LLC for Ten Bucks
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