On February 27, 2019, I contracted with Al Beahn of Pioneer Homes, LLC to rehab a single-family home at Detroit MI.
I deposited $13960 with this company and was told the rehab would take 60-90 days to complete. However, for the past year, I have received no communication from this company.
I was not until Jan 24, 2020, that I received communication indirectly from Pioneer Homes that my money was placed in a general rehab account that Pioneer Homes used for all their rehab work.
My money was comingled with other customers’ money. As explained to me, one of Pioneer Homes subcontractors had access to this account and used all the money for cost overruns on other projects.
Therefore, the account is now depleted of funds and there is no money available for my contracted work. Further, while the house sat empty, a squatter took up residence and caused an additional $6000 in damage.
I have had the squatter removed and secured the property, but at this point, I have a home that is inhabitable and I am out of the money allocated for the rehab. I have never heard directly from any representative of Pioneer Homes or their agents.
Finally, I have been told via a third party, the company intends to go out of business because they are having the same issue with multiple customers.
Al Beahn has tried to indicate the home I purchased was from Bayshore Capital which is a different company that Pioneer Homes, but Al owns both companies.
This is a trick to try and hide his fraudulent activity.