"We already know that he'll break and enter," neighbor Lynn Houston said. "I don't know if he's armed or not. He's an unknown and that's frightening."
Andre Barbosa, nicknamed "Loki Boy," has lived in a multimillion-dollar waterfront mansion in Boca Raton since last summer. He cannot be kicked out because he is taking advantage of a law that allows people to claim abandoned property as their own.
The law is called "adverse possession" and explains that people can live on abandoned property as long as they live there for at least 7 years and pay taxes.
Taxes for the 7,522 square foot home were $39,000 last year.
Because no one witnessed Barbosa breaking into the home, he can't be arrested.
When police were called to the residence, they were not able to arrest Barbosa because he produced the necessary paperwork for the adverse possession law.
Bank of America has finally filed paperwork to evict Barbosa and eight others who live there. The court filing states that he is liable for more than $15,000 for breaking into the house.
"The bank is taking this situation seriously and we will work diligently to resolve this matter," spokeswoman Jumana Bauwens said.
Houston, the neighbor, blames the bank for the predicament.
"The bank dragged their heels," she said. "Had they acted in a timely manner, he would be out of there."
She hired the police officers at $33-an-hour to protect herself and her neighbors.
"I'm sleeping fine, but some of my neighbors aren't," she said. "He doesn't belong here and someone needs to take charge of the situation."