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The New Port Richey Police Department is investigating a fraud and theft complaint involving a suspect named Michael Bundy, 63.

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The owner of a realty company was arrested after stealing more than $300,000 from victims, the New Port Richey Police Department announced.

The owner of a property management company has been arrested and is accused of defrauding dozens of clients who owned properties around Pasco County.

Police believe there may be more victims out there. Sunista Realty is a property management company that operates out of Pasco County, and according to its website, Bundy is the broker and owner.

Florida realtor Michael Bundy was arrested for allegedly misappropriating over $300,000 from clients; police believe the total could exceed $1.5 million.

Michael Jason Bundy, owner of Sunista Realty in New Port Richey, faces one count each of grand theft and scheme to defraud. At the time of his arrest, investigators had confirmed that Bundy, 63, stole ...