BOCA RATON, FL (BocaNewsNow.com) — The investigation into former Mizner Grande Realtor Jon Rashotsky is continuing, according to Delray Beach Police.
In a story BocaNewsNow.com broke in November, Rashotsky is accused of misappropriating escrow funds provided by clients who believed they were starting the process of purchasing a house in and around Boca Raton. The homebuyers later found out, according to police reports, that the money was nowhere to be found.
Delray Beach Police tell BocaNewsNow.com that the investigation is complex and involves outside “entities.”
Rashotsky was fired and later sued by Minzer Grande Realty owner Ari Albinder. The case can be reviewed here through the Palm Beach County court system.
In December, Albinder told BocaNewsNow.com, “While we wait for the police investigation to conclude against Jon Rashotsky, we felt that we needed to act ourselves. So on Friday we filed suit against this rogue agent as we seek justice for the escrow victims and our reputation.”
Albinder added, “In our 10 year history, Mizner Grande Realty has established itself as one of South Florida’s leading real estate firms specializing in luxury home sales, with an impeccable reputation. While this was an act from a rogue former agent, we have added safeguards that this will never happen again at Mizner Grande Realty as we will set the highest industry standards in escrow accountability.”
BocaNewsNow.com has also learned that Rashotsky is named in several other ongoing cases as well. You can read them here.