Nantz scheme collapsed as investors lost millions
Nantz financed real estate bets with the OPM system and used new investor money to pay old contributors. He admitted misery while testifying as Howard Joll, a retired Army veteran, and others described losses totaling $125,000 from the 1999 investments. Jol traveled from New Bern for the court hearing.
MENTIONED IN THIS ARTICLE
Nantz
Howard Joll
Jol
New Bern
Bowen
Potter
Gastonia
Fantasy Limousine
Order of Police
Wal-Mart
Greensboro
Carolyn Autry
Nantz and team run multi million real estate scheme
James Nantz led a nationwide real estate fraud that drew in 522 investors and totaled about 16 million dollars. Prosecutors say roughly 4 million has been recovered to repay victims while cash and assets remain hidden overseas. Several co defendants received prison terms from 11 to 24 years. Nantz awaits prison after restitution orders and vows to rebuild life.
MENTIONED IN THIS ARTICLE
Joll
Tim Shaw
Elizabeth Rushing
England
U.S
David Brown
Nantz
Jim
Linda Simpson
Ministry Center
Brunswick
Simpsons
Clemmons
Vicki Spence
Mount Holly
Gastonia
Letita Lowe
Lynn” Picklesimer
Rushing
Shaw
Federal Bureau of Prisons
Adams pays tribute to late daughter and raises grandson
Victim’s mother, Adams, spoke publicly as her daughter lay hospitalized and near death. She praised her daughter’s faith, will, and courage, saying she is missed and loved. Adams now raises her grandson, calling him a trooper like his mom.
MENTIONED IN THIS ARTICLE
Adams
Chancellor
North Carolina considers inflation tied transport fee hikes
A draft report reviews no increase since 1983 for vehicle registration in North Carolina and proposes inflationary adjustments to driver and truck fees. Whether adopted remains a theoretical discussion with recommendations due next month. Sam Hunt warns tax hikes lack easy support while proposals to shift Highway Trust Fund transfers and create a public transportation trust seed funds for Triangle, Charlotte, and Piedmont Triad projects.
MENTIONED IN THIS ARTICLE
North Carolina
Cole
Gulley
Sam Hunt
Burlington
Transportation
Highway Trust Fund
General Fund
Highway Trust
Research Triangle
Charlotte Area
Piedmont Triad
Also Mentioned on This Page
James Nantz
Bobby Bowen
Seneca, S.C
Baker Furniture Co
Market Street
Cramerton, N.C
Mitsubishi & Motors
Tala
Best Buy
Motor Trend
Truck Trend
Ian Reer
Nea
Pacit
Eee Sr Mang
Ene Rcs
Vormetunes
Pera
VTL
Ucee Ore
Ortop
Caer
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!