With Accused Real Estate Fraudster Eric Brauss in Brazil, Jilted Investors Target His Friends

Categories: Crime

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Werner Eric Brauss
Werner Eric Brauss is long gone. The real estate dealmaker fled the country in 2009 as the market collapsed, leaving behind a pile of unpaid debt to investors and Las Vegas casinos and the feds' hopes of an easy prosecution.

The chance that Brauss will leave the Brazilian coast, where he is believed to be living, and return stateside to face criminal charges and millions in civil judgments seems slim. Slimmer still are the chances that his jilted investors will ever see a dime, which goes some way toward explaining a lawsuit brought this week against two North Texas brothers.

Courthouse News reports that a German investment firm, Triple M GmbH, is suing Daniel and George Kondos for helping Brauss liquidate his assets and flee Dallas with a suitcase full of cash.

See also: When Investors Demanded Their Money, Eric Brauss Disappeared. Now: The Indictment!

George Kondos is a developer. Daniel Kondos is a trial lawyer who founded the Kondos and Kondos law firm with George's wife.

Among their alleged purchases are Brauss' million-dollar Addison home, completely furnished, plus several luxury cars, art, and jewelry. "Knowing Brauss needed cash to fund his escape," the suit says, they paid with a stack of bills.

Nor did their support end there. They also allegedly helped with Brauss' divorce in Dallas County so he could marry a Brazilian woman, once helping him sneak in and out of the country to finalize the separation.

Neither of the Kondos brothers has been charged with a crime, but Triple M thinks there is enough evidence that they helped commit one for a Dallas County court to require them to cough up some of the money Brauss fled the country with.

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In our legal system if you can't get the person who actually did something then someone else has to be liable. Like the kid in Houston who bought a girl he just met in a bar some drinks and is now in trouble because she drove drunk. What was he supposed to do, forcibly take the keys from a girl he just met. That would be a great way to start a bar fight when she starts screaming. Maybe the investors should sue the receptionist as well.

TheCredibleHulk topcommenter

My pop told me something when I was about 12 years old. He said, "Son, if it sounds too good to be true, it probably is."


It won't be long before someone will wear out their welcome ( or RUN OUT OF CASH ) And have to move along .


It's about time that some of these other suits start appearing. This guy and his partners stole my business and ruined my life. The unbelievable thing is that he was the only one indicted and numerous "partners" and employees skated with no consequences.

I have emailed and tweeted for the last several years to various US government agencies and officials as well as the Brazilian Government. He took advantage of a section of their constitution and married a Brazilian citizen (sham marriage) to avoid extradition. In the meantime there are dozens of fugitives hiding in Brazil using the same tactic and our wonderful Government in DC gives them billions of dollars in "aid"...smh....what has this world come to ?

If this suit is true than the US Attorneys office better get some more indictments !


@Subnx True...but there were several high ranking employees there who helped him transfer the $$$....Brauss was so technologically stupid he had a hard time sending emails let alone wire transfer millions


@david1777 Shouldn't that be "brazillians dollars of aid"?

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