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A real estate broker in the Bronx, New York, has been arrested for allegedly coordinating investment scams and the deed theft of a client’s home.

Marcia Campbell, who operated Extreme Realty, was accused of conducting three different real estate investment scams: one involving an immigrant couple who paid her $91,000 for a property they later discovered was not for sale, one involving a $130,000 loan on a fake transaction that she never repaid, and one involving an immigrant mother with two young children with disabilities who gave Campbell $65,000 to fund the purchase of a multi-unit property that was never acquired.

Campbell also recruited her husband, Fred Campbell (a licensed real estate salesman), and her business associate Frank Palmer to steal the home of a client who requested her help in transferring the property’s ownership. The threesome fraudulent contracts with the homeowner’s forged signature to transfer ownership of the property to a shell company they controlled, 99 Patmor Ave Inc., allowing them to take out a mortgage of $493,500 on the property. They staged a closing for the homeowner and her sister, but never asked them to sign any documents. When confronted the next day, Mrs. Campbell claimed they had to transfer the property to Palmer, who would soon transfer it to the homeowner’s sister, though this never happened. The Campbells and Palmer defaulted on the loan and the lender has filed for foreclosure, ultimately forcing the victim’s family to lose the property.

For her real estate investment scams, Campbell was charged with three counts of grand larceny in the second degree, three counts of grand larceny in the third degree, three counts of criminal possession of stolen property in the second degree, three counts of criminal possession of stolen property in the third degree and one count of scheme to defraud in the first degree.

For the deed theft scheme, the Campbells, Palmer and 99 Patmor Ave Inc. were each charged with: one count of grand larceny in the second degree, one count of criminal possession of stolen property in the second degree, one count of grand larceny in the third degree, one count of criminal possession of stolen property in the third degree, and one count of falsifying business records in the first degree.

Campbell and her accomplices were investigated by the offices of the New York State Attorney General and the Bronx District Attorney.

This is not the first time that Campbell ran afoul of the law. In July 2023, Campbell – along with her husband and Palmer – was indicted for allegedly stealing property deeds from three Westchester County homes and fraudulently getting $2 million in loans. Campbell was also charged with multiple counts of tax fraud.

Photo courtesy of Extreme Realty’s Facebook page