IndianaLocalNews

Nearly $7 million judgment against Concord Mall buyers entered in Elkhart County Court

(Photo supplied/The Elkhart Truth)

A nearly $7 million judgment against the buyers of Concord Mall has been entered in Elkhart County Court.

John Thomas, Daniel Olswang and Ton Real Estate Investments are ordered to pay nearly $6.5 million dollars million to the company that sold them the Mall last year.

In the default judgment, the judge also ordered them to pay more than $450,000 in past-due interest, late fees and property taxes as well as $35,000 in attorney fees and a number of other costs.

Ton Real Estate Investments also faces new accusations in federal court of fraud.

Read more about the legal action from the original story published by The Elkhart Truth.

 

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