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The Village of Penland Fraud


On June 7, 2007 the NC Attorney General obtained a court order stopping the sale of overpriced real estate lots at the Village of Penland, Spruce Pine, NC. The James Hoyer law firm is investigating allegations of fraud regarding this project.

Developers involved in the Village of Penland project and named in AG Cooper’s complaint include Peerless Real Estate Services, Village of Penland, MFSL Landholdings, Communities of Penland, COP Land Holdings, PG Capital Holdings, and West Side Development, all of Spruce Pine.

If you purchased lots at Penland or have information regarding this matter, please fill out the form below to contact us.


North Carolina Attorney General -
AG Cooper stops $100 million mountain real estate scheme

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