Fusion Modular Green Construction LLC, an Annapolis, MD modular home builder, has been ordered to pay nearly $600,000 for violating consumer protection laws.
Attorney General Brian E. Frosh found the firm and its principals - William E. Sims III and Joshua S. Sims - entered into contracts with four families to construct new homes in Anne Arundel and Montgomery counties, but then failed to complete the project after collecting deposits and payments.
The Attorney General’s Consumer Protection Division determined the firm and its principals failed to place consumers’ deposits and payments in an escrow account or establish a surety bond or letter of credit to protect consumers. The company also failed to pay subcontractors for work performed, leaving buyers to pay the bills to avoid potential liens being placed against their homes, officials said.
The division’s final order also bars the home builder and its principals from acting as a home builder in Maryland unless they are properly registered under the state’s Home Builder Registration Act.
The buyers whose homes were not completed may seek to recover actual losses of up to $50,000 through the Home Builder Guaranty Fund.