Port St. Lucie Properties owner Mark Montalto denied bond reduction

Port St. Lucie Properties owner Mark Montalto denied bond reduction

The owner of the now defunct Port St. Lucie Properties was denied bond reduction after being arrested by U.S. Marshals earlier this year.This week a St. Lucie County judge refused to lower the bond for Mark Montalto. He is accused of taking money from homeowners and never completing the work.WPTV Investigative Reporter Dave Bohman's investigation resulted in the arrest of a Treasure Coast home builder.Montalto was arrested in April on 46 charges…