Bella Homes, LLC.
United States of America, and State of Colorado v. Bella Homes, LLC, a Delaware limited liability company; Mark Stephen Diamond, an individual, Daniel David Delpiano, an individual; Michael Terrell, an individual; David Delpiano, an individual; and Laura C. Tabrizipour, an individual, actually named as Relief-Defendant.
Homeowners who conducted business with Bella Homes and have NOT completed the Bella Homes Questionnaire should do so immediately.
As part of the Consent Judgment, the Defendants have permanent restrictions on their ability to work in the mortgage industry and residential real estate related businesses. In addition, the Defendants must return any vehicles in their possession that were leased by Bella Homes, Mark Diamond, Diamond and Associates, or Diamond Corporation. In addition, money previously frozen in Defendants’ bank accounts, as well as cash in a safe deposit box, and the proceeds of gold coins obtained by Bella Homes, will all be made available to the Department of Law at the State of Colorado to be returned to homeowner victims. To this amount, Defendant Mark Stephen Diamond will add an additional $300,000 within the next 90 days. After that time, the Defendants will make additional payments of approximately $200,000 over the next five years, for a total anticipated recovery of approximately $1.2 million.
Affected homeowners should be aware the overall process involves a variety of time consuming steps including; the determination of victims, collection of funds, notification, and disbursements. As a result, it is expected most homeowners should be receiving partial reimbursement within approximately 6 months. In lieu of contacting our office, you may continue viewing case updates on our website as new information will be posted in a timely manner.