HARRISBURG, PA — Pennsylvania Attorney General Dave Sunday announced a $992,000 settlement with ACM Vision V, LLC, a company connected with Vision Property Management, over misleading sales practices targeting low-income homebuyers. The settlement includes restitution for affected consumers and prohibits ACM Vision V from engaging in residential real estate transactions in the state.
“These companies targeted low-income consumers with unlawful rent-to-own contracts,” said Attorney General Sunday. “This settlement ensures justice and financial relief for those harmed.”
The lawsuit, initiated in 2019, alleged that Vision Property Management used deceptive practices and failed to disclose defects in over 500 dilapidated or foreclosed homes sold under exploitative contracts in Pennsylvania. These contracts often placed the financial burden of repairs and upkeep on consumers, many of whom were not adequately informed of the risks.
Under a 2020 agreement, ACM Vision V transferred ownership of 23 homes in Pennsylvania to their residents. Additionally, in 2021 and 2022, approximately 250 consumers received deeds to their homes as part of court-ordered resolutions. The Court also ordered cash payments totaling $800,000 for those who either abandoned the homes or were evicted before the case began.
This latest settlement will provide additional restitution to the same group of 250 consumers, ensuring further relief for those impacted. Attorney General Sunday reminded affected individuals who have already received restitution to take no further action, as new checks will be mailed if the court approves the settlement.
For individuals impacted by Vision Property Management’s practices who have not yet received restitution or a deed, the Attorney General’s Office has urged them to reach out.
Litigation remains ongoing against Vision Property Management and its owners, Alexander and Antoni Szkaradek. If the current consent petition is approved, the Attorney General’s Office plans to focus its efforts on holding these remaining defendants accountable.
The case is being handled by Senior Deputy Attorney General Susan Apel and is subject to court approval in the Allegheny County Court of Common Pleas.
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