West Boca Man Charged With ‘Stealing’ Home Where His Ex-Wife Lived

Mark Alsentzer (Photo: Palm Beach County Jail)

A West Boca man is facing criminal charges alleging he “stole” the home he shared with his ex-wife before they became estranged, according to documents filed in court this week.

The case dates back about two years, when the suspect’s ex-wife found out that an LLC had taken possession of her S. Creekshore Court home, and a $950,000 loan had been taken out on it. Mark Alsentzer, 71, faces one count of grand theft of $100,000 or more and one count of filing false documents or records against real property. The charges, filed by the Palm Beach County Sheriff’s Office, stem from an investigation into events that began unfolding in early 2024 during the couple’s divorce proceedings.

According to a probable cause affidavit filed this week, the home at 19250 S. Creekshore Court in Boca Raton was subject to a prenuptial agreement that designated it as the wife’s separate property in the event of divorce or other domestic proceedings. Investigators allege Alsentzer created a company known as “1011 Holdings LLC” in January 2024, then used a forged quitclaim deed to remove his wife’s name from the title and place the property solely in the name of the LLC, of which he is the registered agent and sole owner.

His estranged wife told detectives she discovered the transfer in mid-April 2024 while preparing for divorce mediation. She said she had never met the notary or witnesses listed on the deed and was meeting with her attorney in West Palm Beach on the day the document was purportedly signed. She also told investigators that when she confronted Alsentzer, he responded that she was “just now finding out.”

One witness listed on the deed, described by investigators as a former employee of Alsentzer, stated in a sworn deposition that the signature was not his, that he had never signed any legal paperwork for Alsentzer, and that he had never seen the document or been to the property. The notary public listed on the deed asserted her Fifth Amendment right against self-incrimination during a deposition, the affidavit states.

In his own deposition, Alsentzer acknowledged signing the deed but claimed it was blank when he did so. He said he met an unidentified person at a Starbucks in Broward County to complete the transaction and could not recall whether the witnesses or notary were present. He described the people involved as “very secretive” and said he sent a photograph of his driver’s license for due diligence but later lost access to his phone.

Following the alleged transfer, a $950,000 mortgage was placed on the home. Certified bank records show that net proceeds of approximately $868,000 were wired in March 2024 to an account held by the “1011 Holdings” company at a local bank. The funds were then transferred to an account in Alsentzer’s name, with portions moved to accounts associated with a person named Jennifur Diamond, who allegedly received a broker’s commission in connection with the loan. Diamond’s company shares a registered address with 1011 Holdings.

Alsentzer told investigators in a deposition that he formed the LLC because the lender required the property to be held by an LLC and that he planned to use the proceeds to resolve the divorce, pay attorney fees and provide support for a daughter he shares with Diamond. He said he did not discuss the formation of the company, the deed or the mortgage with his wife. Investigators concluded that Alsentzer “knowingly used false identification information” to file the deed and then attempted to “conceal and disguise the location and ownership of the proceeds” from the allegedly unlawful transaction by routing them through multiple accounts, according to the report.

As of Thursday night, Alsentzer remained lodged in the Palm Beach County Jail in lieu of $350,000 bond.