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ADK Realty

5.0 (1 review)
Closed 9:00 am - 2:00 pm

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5 years ago

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The Property Shop

The Property Shop

(1 review)

My husband and I have been unknowing targets of a real estate investment fraud scam. John T…read moreBevilacqua is a realtor (license #: 10401272822) of Glenville, NY and doing business under The Property Shop (322 Ballston Rd, Glenville NY) owned by his son John M Bevilacqua (NY RE license #:10491211284, 10491209113, and NYS broker: #10491202489). John T Bevilacqua advertised an investment property "12-14-16 Watson place and Saint Vincent Street" (Rowan Apts, LLC) properties in Utica, NY which they falsely advertised as having a high grossing, high net return. He insisted that to hold this property we deposit $10,000 in August 2022 in an escrow account "Exit Realty". This account is owned by John M Bevilacqua, which they use to steal and enrich themselves. We were confused as to why the Bevilacqua's refused to allow us entry into the apartments and contacted the attorney overseeing the real estate deal. We learned that the contract was not legal, devoid of closing dates, and was ruled "null and void" during attorney review process, a fact which the Bevilacqua's kept hidden. The Bevilacqua's are "milking the system". They understand to "chase" after them for return of your money is a very expensive and time consuming process. When confronted with their fraud, their modus operandi is to deflect, deny, and lie about the nature of their theft until the victim who has been scammed runs out of money "chasing" them. They have admitted to stealing $5,000 from an unknowing victim prior to me in 2022, as well as grossly overvaluing properties so the purchaser faces an incredible loss. In addition, they failed to disclose verbally or in writing that John M Bevilacqua was the owner of the Watson and Vincent apartment complexes as required by NY law and creating a conflict of interest. They have no intension of stopping their scam and lack the self-control or awareness for the damage they have created.

From the owner: Your home sold Guaranteed! With more than 50 years of combined experience in real estate sales, The…read moreProperty Shop will get you results!

ADK Realty - realestatesvcs - Updated May 2026

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