Philly DA Announces Arrest, Charges for Olde Kensington Property Manager Accused of Fleecing Tenants

Philadelphia District Attorney's Office

PHILADELPHIA, PAPhiladelphia District Attorney Larry Krasner on Thursday announced Theft and related charges have been filed against Frank Sanders, who has been wanted by law enforcement since June for his role in a notorious apartment building tenant lockout.

Sanders is alleged to have fraudulently rented apartment units at the newly built “Moscow & Monica” complex in Olde Kensington to multiple unsuspecting tenants, pocketing their deposit and rent money. When the building’s owner discovered the off-book rentals earlier this year, the tenants were unlawfully locked out of the units they paid for and threatened with eviction.

The high-profile episode drew renewed attention to tenants’ rights amid a global health pandemic.

In collaboration with the Economic Crimes Unit of the District Attorney’s Office (DAO), the Philadelphia Police Major Crimes Unit initiated an investigation resulting in the DAO approving a warrant for Sanders’ arrest for multiple instances of theft and fraud last June. Sanders was apprehended at Live! Hotel and Casino in South Philadelphia on Wednesday, September 22nd, by Pennsylvania State Police.

READ:  Rose Tree Park Playground Design Project Open House Held Oct. 18

“Consequences are far too rare when the victims of an economic crime are regular working people, who have modest or little wealth or stature. That must change, and is already changing, because this District Attorney’s Office stands with and fights for the people, not powerful corporations, developers, or officials,” District Attorney Krasner said. “My office will continue working to hold defendants like Mr. Sanders accountable, but we also recognize that bold, systemic change is needed to achieve true economic justice for everyone. I am thankful to the members of City Council who have taken initiative when it comes to workers’ and tenants’ rights. We will keep collaborating to reform a criminal justice system that historically — and too often today — acts as enforcer and punisher on behalf of the wealthy and powerful.”

READ:  INOVIO Expands INNOVATE Phase 3 for INO-4800, Its DNA Vaccine Candidate for COVID-19

Sanders is charged with Theft by Unlawful Taking, Theft by Deception, Receiving Stolen Property, Deceptive Business Practices, and related offenses. The Philadelphia District Attorney’s Office states it continues to investigate incidents related to the Moscow & Monica apartment complex. Those who wish to file a criminal complaint or report additional information about possible economic crimes are encouraged to contact Philadelphia Police.

Information is subject to change at any time. All suspects are presumed innocent until proven guilty in a court of law.

Thanks for visiting! MyChesCo brings reliable information and resources to Chester County, Pennsylvania. Please consider supporting us in our efforts. Your generous donation will help us continue this work and keep it free of charge. Show your support today by clicking here and becoming a patron.