TALLAHASSEE (CBSMiami/AP) — A Broward company which allegedly preyed on homeowners in danger of losing their homes is being sued by the state.

On Wednesday, state Attorney General Pam Bondi’s office filed a lawsuit against Nicholas Torgerson and two companies Whitestone Capital Trust LLC and Become the Bank LLC.

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The lawsuit contends that the company violated the state’s consumer protection laws by charging homeowners up-front fees and by falsely misrepresenting that the defendants would cancel or void the homeowners’ mortgage.

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Bondi’s office, however, alleged that the company allegedly acquired titles to the distressed owners’ homes and pocketed the advance fees without providing any help. The homeowners remained liable for the mortgage payments.

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