This post was contributed by a community member. The views expressed here are the author's own.

Business & Tech

Fazio Headed to Jail

Bruce Fazio took the deed of woman's Bridgeport home in exchange for lien-encumbered condo deed.

An Upper Providence builder faces at least 15 months in jail after a judge found him guilty of theft, The Times Herald reports.

Prosecutors had alleged that Bruce Fazio swapped the deed of a new condominium in one of his buildings with a Bridgeport woman in exchange for the deed to her house. The woman believed she would own the condominium outright and did not realize it had bank liens on it for unpaid development costs.

"He basically stuck her with this mortgage right at the time she was getting ready to retire," prosecutor Steven Bunn told the paper.

Find out what's happening in Limerick-Royersford-Spring Cityfor free with the latest updates from Patch.

Fazio was acquitted of charges of risking a catastrophe and endangering the welfare of others in connection with the condemned condominium complex he built at 770 Sandy Street in Norristown. He reportedly faces a minimum of 15 to 21 months in prison. Read more .

The views expressed in this post are the author's own. Want to post on Patch?

More from Limerick-Royersford-Spring City