Looks like the banks got stuck

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  • 340six

    -Global Mod-
    Staff member
    Premium Member
    Rating - 100%
    5   0   0
    Apr 12, 2012
    6,527
    113
    Kenner, La
    I kept waiting for someone in a home to come out like Clint Eastwood in Grand Torino Get Off MY lawn. That second home is not that bad.

    "A federal court has sentenced three people to serve time in prison for their role in a failed housing project in Stone County ... sentenced in a federal court in Kansas City, Kansas, on Wednesday for their role in committing bank fraud in relation to the Indian Ridge development. The failed development has been dormant since 2009, with several homes still in their unfinished state. David Drake, age 76, and Donald D. Snider, age 57, were each sentenced to five years in federal prison, while Heather A. Gibbs, 54, who is Snider’s wife, was sentenced to three years probation. The sentencings are the latest in a series of fines and sentences relating to the Indian Ridge development near Branson West." - More details in fraud case related to failed Indian Ridge development by Cliff Sain Jan 27, 2017
     
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