Consumer Bureau Action Tracker

CFPB – International Land Consultants, Inc., Rocco Toscano, Joseph Mazzucco, James Vincent and James Tague


State

Tennessee

target

International Land Consultants, Inc., Rocco Toscano, Joseph Mazzucco, James Vincent, James Tague

Topics

Enforcement, Mortgages, Credit Cards, Add-On Products, Land Sales

In May 2015, the CFPB ordered International Land Consultants, a land development company, to “repair roads in the Hawks Bluff community on the Cumberland Plateau after making misrepresentations about them to potential buyers.” The CFPB alleged that “developers falsely claimed between 2004 and 2008 that they would maintain roads until they were taken over by the government of Van Buren County. But the agency found that the roads were not maintained, and that they were not taken over by the county.”

  • The CFPB ordered International Land Consultants, a land development company, to “repair roads in the Hawks Bluff community on the Cumberland Plateau after making misrepresentations about them to potential buyers.” The CFPB alleged that “developers falsely claimed between 2004 and 2008 that they would maintain roads until they were taken over by the government of Van Buren County. But the agency found that the roads were not maintained, and that they were not taken over by the county.”

“The company has been ordered to repair roads in the development to the federal agency’s satisfaction and consistent with an engineering report prepared by an independent consultant. The company and officers have admitted liability for their conduct.” [“Feds: Developers must repair roads in Van Buren community,” Associated Press, 05/04/15]

Status

Inactive or Resolved


2015-CFPB-0010 5/1/2015 5/1/2015

CFPB Takes Action Against Property Developers for Marketing Violations
http://www.consumerfinance.gov/policy-compliance/enforcement/actions/international-land-consultants/

  • Consumer Financial Protection Bureau (CFPB)
  • Administrative filing
  • None
  • Nonbank
  • Road Maintenance
  • Not Available

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