Florida couple convicted of fraud after selling home with sinkhole

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TAMPA, Florida – A Florida couple is facing up to 20 years in jail after they were convicted of wire fraud for knowingly selling their home with a sinkhole beneath it.

Glenn Jasen and Kathryn Jasen “did detect a sinkhole” in 2009, according to ABC News.

They filed an insurance claim and “elected to receive a check in the amount of $153,000 but did not ever fix the sinkhole.”

They deposited the check and did not fix the damage. They then failed to disclose the damage in real estate documents and sold the home to a family with five children.

Kelly Magbee and her family bought the home in 2014 and were never told about the sinkhole. They are currently paying for the home, but it isn’t livable.

The Magbee family is now living elsewhere while they work to repair the crack in their living room caused by the sinkhole.

The Jasens will be sentenced in early 2016.

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