Friday, June 10, 2011

Adams refinanced his initial loan in 2005 with $588,750 in loans from Opteum Financial Services and BB&T Bank

Adams refinanced his initial loan in 2005 with $588,750 in loans from Opteum Financial Services and BB&T Bank, ultimately selling the condo to his sister's brother-in-law, David Andrew Strickland, in June 2006 for $694,000.


Adams, who reported 2005 income of $332,000, said in the same filing that his future income was uncertain, "as I will have to change jobs."

(ya think?)


The word "negative" was penned in to a blank that asked Adams for his net worth.


http://www.heraldtribune.com/article/20081117/ARTICLE/811170315?p=5&tc=pg

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