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PT
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Yes, this is going to be one steaming hot, nationwide story. I have read almost all the complaint that was filed in Calif. That complaint calls the scam a "Ponzi scheme." I don't understand how no true escrow accounts ever existed for the clients of this firm. The person who sold the business to McGhan is Betty Kincaid, who has these web sites (keep the barf bag handy): http://bettykincaid.com/ http://bettykincaid.blogspot.com/ Her most recent blog posting was on January 11, 2007. I wonder how much sleep she's been getting since then. She is included in the complaint as a defendant.
Toggle Commented Mar 21, 2007 on Southwest 1031 Exchange Exposed at Sonoran City News