State Attorney’s Office drops all criminal charges against Colliers real estate agents

Johnnie Pratt
Body camera footage shows an armed GPD SWAT unit entering Colliers International offices in Gainesville on June 2 to execute a search warrant.

System digital camera footage displays an armed GPD SWAT device moving into Colliers Worldwide places of work in Gainesville on June 2 to execute a lookup warrant.

Criminal charges formerly submitted against two distinguished Gainesville serious estate agents have been dropped by the Point out Attorney’s Business office, The Gainesville Sun has confirmed.

It really is been more than a yr given that an armed SWAT crew raided the local office of Daniel Drotos and Michael Ryals, whom their former employer accused of stealing trade insider secrets and customers.

That raid, as nicely as a yearlong investigation, turned up empty.

The get-togethers have been entangled in quite a few connected lawsuits, all of which have also now been settled or shut as aspect of an agreement achieved via mediation.

“By consenting to mediate the prison circumstances, the Condition Legal professional labored with the named victims and the defendants, as effectively as other fascinated events, to reach a fair and just resolution in gentle of the circumstances encompassing the fees,” a geared up assertion from the business of Point out Lawyer Brian Kramer stated.

Dan Drotos (left) and Mike Ryals

Dan Drotos (remaining) and Mike Ryals

Grand jury: Legislation enforcement organizations investigating college district’s $3.7M land offer

‘Charged with several felonies’: Colliers Intercontinental agents booked into jail on warrant Bosshardt lawful workforce sought

Much more: GPD evaluation finds SWAT staff justified in handling of a search of serious estate business

On June 2, 2021, a SWAT team in complete tactical equipment raided the workplace of Colliers International at 107 SW Seventh St. in Gainesville. Drotos and Ryals experienced earlier worked for Bosshardt Realty Products and services.

They had been accused by their previous employer of thieving clients, trade techniques and hundreds of internet pages of files throughout and following their departure from the firm.

Gainesville Mayor Lauren Poe, as very well as some others, argued the raid was excessive, however a Gainesville Police Division investigation observed it justified.

Drotos and Ryals had been formally charged in February by the state with racketeering, scheming to defraud/organized fraud and theft of trade insider secrets. Drotos faced an additional demand of offense in opposition to intellectual assets.

Drotos and Ryals, nonetheless, taken care of their innocence in the course of the system.

Some others named on the Gainesville police warrant for the raid were Lauren Edwards, Christian Oldenburg, the managing director of Colliers International Northeast Florida, and former CHW associate Rory Causseaux.

All costs in opposition to people persons have also been dropped.

Gainesville Police Department SWAT officers put flex cuffs on Colliers International staff as they read the search warrant to them on June 2.

Gainesville Law enforcement Section SWAT officers put flex cuffs on Colliers International personnel as they browse the lookup warrant to them on June 2.

Fighting it out in court

Following the raid, the get-togethers have been in and out of courtroom for two linked situations, including a battle more than owed commissions from earlier property sales.

In July, an arbitrator ruled that Bosshardt had to pay back Drotos and Ryals $1.5 million in back again commissions and attorney charges.

Drotos and Ryals had also filed a defamation lawsuit from their previous employer, nevertheless that far too goes away as aspect of an agreement to squash the legal rates wherever former condition lawyer Rod Smith was the mediator.

“We have fixed our differences and moved on,” mentioned Aaron Bosshardt, owner of the realty corporation.

Nevertheless the battle with Bosshardt appears to have finished, Drotos and Ryals are even now wrapped up in an additional federal investigation involving the Alachua County faculty district.

Faculty officers experienced accused the agents of inflating the price tag of land prior to providing it to the district for $3.7 million. Drotos and Ryals’ attorney Ron Kozlowski formerly reported the two served as transaction brokers, which is lawful and frequent in the real estate marketplace and makes it possible for them to effectively work both of those sides of a offer.

This article initially appeared on The Gainesville Sunshine: Dan Drotos, Michael Ryals cleared by point out right after raid, investigation

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