Feds Sue Developers of Colony Ridge
Feds Sue Developers of Colony Ridge
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Feds Sue Developers of Colony Ridge
Feds sue developers of 'colony' north of Houston accused of being 'haven for illegal aliens'
The walls may be closing in on Colony Ridge, the controversial "colonia" north of Houston, Texas, that's been labeled a "magnet" for crime and illegal immigration.
Now two federal agencies - the Justice Department and the Consumer Financial Protection Bureau - have filed a lawsuit against the companies behind the 40-square-mile sprawl of homes, trailers and even tents, which is home to as many as 75,000 people in an area at least 50 percent bigger than Manhattan.
The agencies accuse the companies, all ultimately owned by multimillionaire brothers John and William "Trey" Harris, of predatory lending and misleading advertising.
nypost.com/2023/12/2 9/news/feds-sue-ille gal-immigrant-magnet -colony-ridge-d
Feds sue developers of 'colony' north of Houston accused of being 'haven for illegal aliens'
The walls may be closing in on Colony Ridge, the controversial "colonia" north of Houston, Texas, that's been labeled a "magnet" for crime and illegal immigration.
Now two federal agencies - the Justice Department and the Consumer Financial Protection Bureau - have filed a lawsuit against the companies behind the 40-square-mile sprawl of homes, trailers and even tents, which is home to as many as 75,000 people in an area at least 50 percent bigger than Manhattan.
The agencies accuse the companies, all ultimately owned by multimillionaire brothers John and William "Trey" Harris, of predatory lending and misleading advertising.
nypost.com/2023/12/2 9/news/feds-sue-ille gal-immigrant-magnet -colony-ridge-d
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Feds Sue Developers of Colony Ridge Feds sue developers of 'colony' north of Houston accused of being 'haven for illegal aliens' The walls may be closing in on Colony Ridge, the controversial "colonia" north of Houston, Texas, that's been labeled a "magnet" for crime and illegal immigration. Now two federal agencies - the Justice Department and the Consumer Financial Protection Bureau - have filed a lawsuit against the companies behind the 40-square-mile sprawl of homes, trailers and even tents, which is home to as many as 75,000 people in an area at least 50 percent bigger than Manhattan. The agencies accuse the companies, all ultimately owned by multimillionaire brothers John and William "Trey" Harris, of predatory lending and misleading advertising. nypost.com/2023/12/2 9/news/feds-sue-ille gal-immigrant-magnet -colony-ridge-d
RaggedyAnn : Wonder why it took so long? This area has been on local news a few times over the years.
Feds Sue Developers of Colony Ridge Feds sue developers of 'colony' north of Houston accused of being 'haven for illegal aliens' The walls may be closing in on Colony Ridge, the controversial "colonia" north of Houston, Texas, that's been labeled a "magnet" for crime and illegal immigration. Now two federal agencies - the Justice Department and the Consumer Financial Protection Bureau - have filed a lawsuit against the companies behind the 40-square-mile sprawl of homes, trailers and even tents, which is home to as many as 75,000 people in an area at least 50 percent bigger than Manhattan. The agencies accuse the companies, all ultimately owned by multimillionaire brothers John and William "Trey" Harris, of predatory lending and misleading advertising. nypost.com/2023/12/2 9/news/feds-sue-ille gal-immigrant-magnet -colony-ridge-d
RaggedyAnn : County Ridge owners will just declare bankruptcy, and never pay a penny and move onto another state or another community to do this over again.
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Kittle : Don't know but since LULAC has entered the discussion....might be a class action.
The League of United Latin American Citizens (LULAC), the nation's oldest and largest Latino civil rights organization, is also investigating Colony Ridge, and has added its voice to the federal agencies accusing its owners of preying on hard-working Latino Americans.
Domingo Garcia, LULAC's president, said Colony Ridge is a "stark example" of financial injustices plaguing Latinos in Texas.
Roughly one in four Colony Ridge loans ends in foreclosure, leaving families financially ruined, LULAC said.
"LULAC strongly supports the decision by the DOJ and the Consumer Financial Protection Bureau on behalf of Latinos who have lost millions of their hard-earned dollars," he said.
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RaggedyAnn : Wonder why it took so long? This area has been on local news a few times over the years.
mutton : Don't know but some months ago, the Chronicle had a front page headline story about Colony Ridge....said the talk of many illegals living there was a conspiracy theory. LOL
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mutton : Don't know but some months ago, the Chronicle had a front page headline story about Colony Ridge....said the talk of many illegals living there was a conspiracy theory. LOL
RaggedyAnn : I think I first saw on news 4 or 5 years ago. Most was about the repossessions and many not having utilities.
RaggedyAnn : I'm surprised that they're finally getting stung for operating like this altogether. I hope that the innocent families aren't displaced.
Feds Sue Developers of Colony Ridge Feds sue developers of 'colony' north of Houston accused of being 'haven for illegal aliens' The walls may be closing in on Colony Ridge, the controversial "colonia" north of Houston, Texas, that's been labeled a "magnet" for crime and illegal immigration. Now two federal agencies - the Justice Department and the Consumer Financial Protection Bureau - have filed a lawsuit against the companies behind the 40-square-mile sprawl of homes, trailers and even tents, which is home to as many as 75,000 people in an area at least 50 percent bigger than Manhattan. The agencies accuse the companies, all ultimately owned by multimillionaire brothers John and William "Trey" Harris, of predatory lending and misleading advertising. nypost.com/2023/12/2 9/news/feds-sue-ille gal-immigrant-magnet -colony-ridge-d
RaggedyAnn : They were giving them crazy interest loans and then kicking them out when they couldn't pay and then selling the house again to their next victim. It is big time consumer fraud and also targeting a specific race.
mutton : Don't know but some months ago, the Chronicle had a front page headline story about Colony Ridge....said the talk of many illegals living there was a conspiracy theory. LOL
RaggedyAnn : This is exactly why the Chron is a waste of time. Nothing but the talking points…..
Feds Sue Developers of Colony Ridge
Feds sue developers of 'colony' north of Houston accused of being 'haven for illegal aliens'
The walls may be closing in on Colony Ridge, the controversial "colonia" north of Houston, Texas, that's been labeled a "magnet" for crime and illegal immigration.
Now two federal agencies - the Justice Department and the Consumer Financial Protection Bureau - have filed a lawsuit against the companies behind the 40-square-mile sprawl of homes, trailers and even tents, which is home to as many as 75,000 people in an area at least 50 percent bigger than Manhattan.
The agencies accuse the companies, all ultimately owned by multimillionaire brothers John and William "Trey" Harris, of predatory lending and misleading advertising.
nypost.com/2023/12/2 9/news/feds-sue-ille gal-immigrant-magnet -colony-ridge-d
Feds sue developers of 'colony' north of Houston accused of being 'haven for illegal aliens'
The walls may be closing in on Colony Ridge, the controversial "colonia" north of Houston, Texas, that's been labeled a "magnet" for crime and illegal immigration.
Now two federal agencies - the Justice Department and the Consumer Financial Protection Bureau - have filed a lawsuit against the companies behind the 40-square-mile sprawl of homes, trailers and even tents, which is home to as many as 75,000 people in an area at least 50 percent bigger than Manhattan.
The agencies accuse the companies, all ultimately owned by multimillionaire brothers John and William "Trey" Harris, of predatory lending and misleading advertising.
nypost.com/2023/12/2 9/news/feds-sue-ille gal-immigrant-magnet -colony-ridge-d
Jonn tipped RaggedyAnn 100 credits for a post in this forum discussion.
Feds Sue Developers of Colony Ridge Feds sue developers of 'colony' north of Houston accused of being 'haven for illegal aliens' The walls may be closing in on Colony Ridge, the controversial "colonia" north of Houston, Texas, that's been labeled a "magnet" for crime and illegal immigration. Now two federal agencies - the Justice Department and the Consumer Financial Protection Bureau - have filed a lawsuit against the companies behind the 40-square-mile sprawl of homes, trailers and even tents, which is home to as many as 75,000 people in an area at least 50 percent bigger than Manhattan. The agencies accuse the companies, all ultimately owned by multimillionaire brothers John and William "Trey" Harris, of predatory lending and misleading advertising. nypost.com/2023/12/2 9/news/feds-sue-ille gal-immigrant-magnet -colony-ridge-d
RaggedyAnn :
RaggedyAnn : So what happens to all the illegals living there?
Kittle : Based on the stance of the Feds on immigration, I would guess absolutely nothing will happen to them.
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RaggedyAnn : This is exactly why the Chron is a waste of time. Nothing but the talking points…..
Airborne319 : I subscribed for 40 years. Now I see it at Walmart so I stop and give a glance. Not paying for that. This discussion has been locked.
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