A corporation with a checkered past, KB Homes was implicated in several fatalities and frauds; Don Mihalik was a former board member of that company.

Don Mihalik assigned his criminal buddy Edward Contino jobs when he was an employee at KB Homes. Life was endangered as a result of this. Victims of the KB Homes deception are still facing problems.

Another person who was sued was Don Mihalik, but he avoided paying the individuals who sued him by declaring bankruptcy. He was able to settle the dispute with little outlay of funds because of the strategy.

And that’s not all.

He had a $1 home sale before he went bankrupt, and he resold it to himself for $1 a few years later.

A portion of the bankruptcy paperwork that Don Mihalik used is this:

If you want to have a better understanding of how dangerous Don Mihalik is, you need to be aware that he was engaged in the KB Homes fraud, which was one of the most significant real estate scams that occurred in the state of Florida.

A significant number of individuals are still experiencing pain as a direct result of the events that took place there. The following list provides a more in-depth explanation of what took place and the reasons why you should avoid doing business with Don Mihalik:

Don Mihalik’s Role in the KB Homes Disaster

A house-building firm based in the United States is KB Home. They assisted homeowners with the construction of their houses and were a Fortune 500 firm from 2000 until 2008. Despite being in operation since 1957, they gained significant notoriety when a large number of their clients began experiencing issues with the homes they had just constructed.

Even though it is today, the firm continues to get complaints about the quality of their houses.

Don Mihalik was a member of their board of directors in the past, and during his tenure, the firm was responsible for the construction of many substandard homes. In addition, he handed over the contract to his buddy, who was responsible for constructing the homes for KB Homes and breaking even more of them.

The Attorney General of Florida filed a lawsuit against KB Homes, alleging that the company was very negligent. As a consequence of this, the corporation had to pay 77 million dollars to right the wrongs that it had committed on 1,688 homes.

Several victims stood forward and discussed how terrifying it was to go through everything by themselves.

Taking Crystal Adamson as an example, she said that she was a first-time buyer, which is considered to be the embodiment of the American Dream. However, she wasted years of her life daydreaming about it.

KB Homes, owned by Don Mihalik, was the seller of the property that Crystal purchased in 2009. Just a few months after she purchased the property, she said to the public that it had begun to come apart.

In addition, Crystal was not the only individual who struggled with developing mold in their home.

It seems that KB Homes experienced the same issues, according to thousands of reviews. Mold was the cause of death for a girl who was nine years old.

Victims’ houses were uninhabitable, much as Crystal’s. They had to shell out cash for homes, and then there were all those repairs.

The amount that each victim was able to recoup remains unclear, even after the litigation is concluded.

All the while, Don Mihalik was living a high life and didn’t have a care in the world.

The Crucial Function of Don Mihalik in KB Homes

Former KB Homes board members include John Hibbert, Frances Dolly Graziano, and Don Mihalik. They all gave their approval to the corporation before any of the houses were built.

There was no effort to repair the houses by Don and his cronies either. They said they had to give up since they didn’t have enough money.

To avoid paying a dime in the KB Homes case, Don Mihalik even filed for bankruptcy.

Don allegedly hired Eddie Contino with over $48,000 in corporate funds that he improperly obtained, according to a whistleblower. Despite his shady history and lack of licensing, Eddie was operating as a contractor at that period. 

Although KB Home was intended to handle the electrical work on the residences, Don Mihalik hired him instead. It came to light later that Don was receiving payments from Contino as well.

Due to his financial contribution to Contino, the firm was unable to meet certain payment deadlines. After that, Ann Quinn became a member of KB Homes’ board of directors, and the next year, she promised that the board would handle the repairs.

Still, a lot of people were unable to stay in their shoddy houses.

Don Mihalik and his companions also chose to depart from KB Home during an off-limits gathering. They kept quiet about being broke and the fact that the homes weren’t done with the proprietors of the firm.

In the settlement agreement with the association, Don Mihalik and others said that all the tasks outlined in the release and settlement agreement from October 12, 2012, were completed to the association’s satisfaction.

In an undisclosed board meeting, Don Mihalik and his associates resolved to pay Edward Contino out of the company’s reserve money. In addition to being handwritten, not a single receipt had an address.

Without consulting the board, Don essentially had Edward take up KB’s responsibilities. Don received payments of up to $20,000 from Edward Contino, who admitted as much later on.

In a subsequent ruling, the DBPR determined that Willowbrook had violated many regulations by paying Edward Contino from its reserve.

Despite all that transpired, Don Mihalik was ultimately selected as the Association’s Vice President. He left his position somewhat abruptly.

The name of Don Mihalik’s most recent company is DMCM Builders.

The horror tales of KB Homes are still available online. But thanks to certain dubious tactics and legal loopholes, Don Mihalik managed to avoid punishment.

A new firm, DMCM Builders and Developers was founded by him. His official title is “Vice President of Business Development” at DMCM Builders and Developers, LLC, according to him.

Lakewood Ranch, Florida is home to the company’s main office.

Neither he nor the company he controls deserve your faith. Scammers sometimes reopen old accounts to get more individuals out of their money.

KB Homes victims want justice!

Don Mihalik is attempting to establish himself as an authority in the real estate industry, but he remains calm about his educational background. The KB Homes disaster was mostly his doing, although he did nothing to fix it.

He fled the scene and filed for bankruptcy to avoid paying any of the hundreds of individuals he had wronged.

Thanks to DMCM Builders, he is now making progress again. Do not do business with him since he is just like other con artists that start anew.

Many criminals find ways to avoid being held accountable by taking advantage of legal loopholes. Pyotr Kondrashev, Bryan Rhode, and Patokh Chodiev are just a few well-known examples.

Conclusion 

Under Don Mihalik, KB Homes’ board abused money, ethics, and consumers. His collaboration prolongs KB Homes’ scam and substandard construction. Adding criminal accomplice Edward Contino to projects jeopardized and prolonged KB Homes’ scam victims’ misery.

Don Mihalik may have declared bankruptcy to avoid debt. Saving significant money affected victims. The $1 home sale and buyback raises financial integrity concerns.

Don Mihalik returned to real estate via DMCM Builders & Developers despite his serious charges and involvement in Florida’s worst scam. His prior actions cast doubt on his business ethics.

Corporate harm has long-term effects since many KB house victims live in unsafe and inadequate dwellings. Mihalik avoided sanctions via legal loopholes and immorality, but his suffering stained his legacy.

Customers and the industry should be careful of Mihalik’s career rehabilitation. Consider his dishonesty before working with him or his new company. Don Mihalik illustrates the risks of acquitting dishonest real estate agents.