Fort Lauderdale Lodge Wins Property Fraud Lawsuit
Table of Contents
Case Background
This case centred on a historic piece of land in Fort Lauderdale at 712 NW 2nd Street. The property belonged to the Pride of Fort Lauderdale Lodge #652, a local chapter under the Grand Lodge of the IBPOE of the World. The Plaintiffs claimed the property was a central gathering space for the lodge and the community.
On March 5, 2018, the deed for the property was transferred to Sator Investments, LLC, managed by Kevin Eutsey. The deed was recorded a few days later. Soon after, Sator obtained a $1.365 million mortgage from HIF IV Lenders, LLC. The Plaintiffs said the entire transaction violated the organization’s constitution and bylaws. They claimed no proper authorization was given by the national lodge for the sale. Their lawsuit sought to cancel the deed and mortgage and return legal title to the lodge.
Cause that led to the dispute
The Plaintiffs alleged that the deal was fraudulent from the start. They said Eutsey, along with certain displaced local lodge leaders, bypassed the authority of the national governing body. According to them, the deed transfer was done without required approvals and was followed by a mortgage obtained under false pretences.
They also accused the parties of filing a forged satisfaction of an earlier mortgage, which made the property title appear clear when it was not. They argued that these actions set the stage for Sator to borrow money against the property without the rightful owners’ consent. Their goal in Court was to cancel the deed and mortgage, block any foreclosure efforts, and restore ownership to the lodge.
Injury
This was not a case involving physical injuries. Instead, the harm claimed was the loss of control over a valued property. The lodge leaders described the building a
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