U.S. Strategic Capital Advisors LLC v. Compass Golf LLC et al
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May 15, 2024
Lender Drops $4M Fraud Suit Against Ga. Golf Course Owner
Lender U.S. Strategic Capital Advisors has moved to voluntarily drop its lawsuit accusing the owner of an Atlanta-area golf course of using a more than $4 million loan to prop up other businesses, shortly after a Georgia federal judge denied successive efforts to wrest control of his assets.
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May 07, 2024
Lender Shanks Bid To Halt Ga. Golf Course Auctions
A Georgia federal judge on Tuesday denied successive efforts from a lender to wrest control of the assets of an Atlanta-area golf club owner, whom attorneys for the lender describe as a "serial fraudster" likely to abscond with his assets while still owing millions on a 2023 loan.
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April 30, 2024
Lender Alleging Fraud Asks Court To Block Golf Club Sales
A lender accusing the owner of multiple Atlanta golf clubs of defrauding it of more than $4 million has asked a Georgia federal court to block upcoming golf course sales to avoid the "imminent risk" that the borrower would hide the proceeds and dodge attempts to recoup losses from the alleged scheme.
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April 04, 2024
Golf Course Owner Accused Of $4M Lending Fraud Scheme
A company that loaned more than $4 million to the owner of an Atlanta-area golf course claims he used the money to prop up other businesses, make fraudulent payments and buy exotic cars, according to a lawsuit filed in Georgia federal court.