Trade organization accuses trio of fabricating documents for real estate sale

By Kyle Barnett | Dec 12, 2013

GRETNA – A local trade organization is suing a number of people they claim acted fraudulently as officers and board members during a real estate transaction.

On Leong Chinese Merchants Association filed suit against Kam Wong, Chiu Hon Lee and Hai Wei Zheng in the 24th Judicial District Court on Nov. 22.

On Leong Chinese Merchants Association alleges that Wong, Hon Lee and Zheng conspired to sell a piece of real estate the association owns on Nov. 9 of which the association was unaware. The plaintiff asserts the defendants improperly conspired with each other and identified themselves as representatives of the association when they negotiated a sale to AKM Acquisitions and that Zheng received a finder’s fee as part of the fraudulent sale.

On Leong Chinese Merchants Association claims the defendants knew the transaction was fake and that any transfer of property required approval by the association’s membership and their real estate committee. To get around the requirements for the sale the plaintiff claims the defendants produced falsified documents with forged board member signatures as well as a false amendment allowing them to bypass the real estate committee. On Leong Chinese Merchants Association asserts it did not receive any proceeds from the sale that was far below market price.

The defendant is accused of soliciting a bribe, gong through with an unauthorized act of sale and forging signatures.

An unspecified amount in damages is sought for loss of use, loss of future use, loss of future rents, loss of fruits and revenue of properties and loss of replacement value of properties.

On Leong Chinese Merchants Association is represented by Kenneth C. Fonte of Metairie-based Golden & Fonte.

The case has been assigned to Division M Judge Henry G. Sullivan Jr.

Case no. 733-229.

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