Elderly Woman Loses Home in Alleged Fraud Scheme: Lawsuit Filed

Elderly Woman Loses Home to Investor in Alleged Fraud Scheme

Port Richey, Fla. – Elvira Zicari, a 75-year-old widow, is facing the devastating reality of losing her beloved home after falling victim to a fraudulent scheme orchestrated by real estate investor David Litt. Zicari, who purchased the property in 2019 with plans to live there indefinitely, now finds herself displaced and struggling to reclaim what was once hers.

According to court documents, Litt allegedly deceived Zicari into signing a warranty deed that unknowingly transferred ownership of her home to his company. In a desperate attempt to save her home from foreclosure, Zicari trusted Litt’s promises of assistance, only to be left betrayed and homeless.

The repercussions of Litt’s actions have left Zicari in a state of despair, forced to reside in a friend’s spare bedroom while her former home is rented out to another individual. Despite efforts by the Pasco Sheriff’s Office to intervene and recover some of her personal belongings, Zicari remains in a state of uncertainty and distress.

Real estate attorney Stephen Hachey, who is representing Zicari in her lawsuit against Litt, emphasizes the prevalence of such deceitful transactions and the importance of homeowners understanding the legal documents they sign. The ongoing criminal investigation by the Sheriff’s Office offers a glimmer of hope for Zicari, but the road to justice and reclaiming her home remains uncertain.

In light of this heartbreaking ordeal, homeowners in the Tampa Bay area, including Pasco County, are urged to utilize the property alert system to safeguard against potential fraud. By signing up for this service, individuals can receive immediate notifications if any documents related to their property are filed with the clerk of court, providing an added layer of protection against deceitful practices.

As Zicari navigates the legal battle to reclaim her home, her story serves as a cautionary tale of the vulnerability faced by homeowners in the face of unscrupulous individuals. The fight for justice and the restoration of what was wrongfully taken from her continues, as Zicari remains determined to reclaim her rightful place in the home she once cherished.