Previously, on February 27, 2012, James Budd and his partner Blaine A East filed voluntary bankruptcy. for $5.4 Million Dollars. Did no one from the City of Greensboro check their credit in 2013? Or did James Budd use his influence with Greensboro City Councilwoman Nancy Hoffmann to manage to make problems go away?
Mr Budd's partners Clark and Blaine East, along with Stephen Cella and Benjamin Minton are currently appealing the decision of a Florida court. Seems they have so many problems in Florida I don't yet know where to start.
Rocco Scarfone had problems in Florida too. Coincidence? Or do con men see Florida as a place filled with lots of easy marks?
The revolving door continues:
"Stonecrest Village Partners LLC is a North Carolina Limited-Liability Company filed on November 27, 2006. The company's filing status is listed as Current-Active and its File Number is 0879103. The company's principal address is 6221 O'conner St., Suite 200 Raleigh, NC 27617 and its mailing address is 6221 O' Conner St., Suite 200 Raleigh, NC 27617.
The company has 3 principals on record. The principals are Blaine East from Raleigh NC, Jim Budd from Raleigh NC, and Scott Hallihan from Raleigh NC."
Scott currently has a house for sale in Raleigh. Tell him I sent you. But I'm not telling you to buy the house.
Why has Jim Budd gone through so many business partners in so few years? And don't forget that $800,000 law suit in Moore County.
And while the property is valued at $1,043,600, the sale price was $1,050,000 which leaves one to wonder if they have any equity in the property should they not be able to return the $200,000 acquired from the City of Greensboro under false pretences.
Now tell me, what have I missed?
