tag:blogger.com,1999:blog-2447438783001404385.post2053500898628114172..comments2024-03-29T06:18:00.213-05:00Comments on Jackson Jambalaya: FBI contacted MVT, Chris Evans filed bankruptcy last night, MVT calls Evans case "Biggest fraud to hit Mississippi since Worldcomm"Kingfishhttp://www.blogger.com/profile/06184990110961727404noreply@blogger.comBlogger61125tag:blogger.com,1999:blog-2447438783001404385.post-51940214785022807632009-12-04T13:26:18.043-06:002009-12-04T13:26:18.043-06:00Sad, truly sad.Sad, truly sad.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-24962570965998666982009-12-04T12:08:07.497-06:002009-12-04T12:08:07.497-06:00Found out a new piece of sad news last night and I...Found out a new piece of sad news last night and I'm being serious. Apparently Charles left the family destitute when he took off. Cleaned out everything, including the kids accounts. Not sensationalizing but posting this because if some of the readers know them, you might want to look out for or help the family. There are alot of victims here and in fraud cases, too often it is the family that suffers. I knew one lady who was married to someone who committed fraud, had no clue at all what he was doing, suddenly everything was frozen, seized, you name it, she and kids were out on the street while he got three square meals, free government healthcare, and a roof and bed every night.Kingfishhttps://www.blogger.com/profile/06184990110961727404noreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-62901332680621031572009-11-09T12:50:27.816-06:002009-11-09T12:50:27.816-06:00Neither one. Its "Gulf States Directory"...Neither one. Its "Gulf States Directory" started by their dad and has been in business around 30 years. It is my understanding employees were given the run around about when the books were coming out . Customers began to call and employees began to quit . As told to me by one of their sales reps who sent out several e-mails including ones to the Attorney Generals office as well as customers . Jim Lee , their long standing sales manager quit as well a few weeks later when there were no clear answers as to what was going on and why books were not being distributed. Apparently those 2 brothers had bigger fish to fry than a yellow page company.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-38080813418826811002009-11-09T11:45:14.306-06:002009-11-09T11:45:14.306-06:00is this yellow pages or yellow book?is this yellow pages or yellow book?Kingfishhttps://www.blogger.com/profile/06184990110961727404noreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-8882773541844391432009-11-09T10:26:17.243-06:002009-11-09T10:26:17.243-06:00What is really sad, is that the employees of Gulf ...What is really sad, is that the employees of Gulf States Directory ( a company owned by Charles & Chris) were told at 9 in the morning they had 5 minutes to leave the building and the company was closed. That was it. NO warning, nothing.<br /><br />The employees of this company have a wealth of information on where their documents are kept and what they have been up to. Chris is hiding at a secret office at 4450 Old Canton Rd in the Highland Bluff North office building on the 2nd floor , hallway to the left and 1st unmarked office door to the right.<br /><br />There were over a 1000 customers that purchased ads in the phone book sitting in a warehouse up north at a company called Liberty Press. They still have the 50,000 books ordered, never paid for. There are hundreds of customers in the Metro Jackson that paid for the Jackson phone book and hundreds in Madison County that paid for ads they will never see.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-6306212106496351532009-11-08T17:07:24.420-06:002009-11-08T17:07:24.420-06:00It's great you are looking at all parties invo...It's great you are looking at all parties invovled. Thank you for being fair not letting any company names or the fact they are all attorneys stop you from following this story.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-53288850309650272642009-11-02T15:06:31.782-06:002009-11-02T15:06:31.782-06:00This comment has been removed by a blog administrator.Amy McCulloughhttps://www.blogger.com/profile/13170153425919797746noreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-82364562300770563772009-10-29T14:08:31.907-05:002009-10-29T14:08:31.907-05:0012:49pm, the 6 title policies that I have seen wer...12:49pm, the 6 title policies that I have seen were all signed by officers of MVT, as were the commitments. MY understanding is that ALL commitments and policies were signed by officers of MVT.<br /><br />I agre - there are many imponderable unfathomable notions in this tar-baby....for example, how do you take ONE 24.2 acre parcel and put 30 deeds of trusts on it with 10 separate smaller legal descriptions by multiple borrowers and nobody gets wise to it in 5 years? One banker told me that all their loans had independent appraisers involved and how they could miss that is beyond me - there is ONE parcel number for this parcel described above and the taxes are only $133.<br /><br />There has just gotta be some collusion somewhere in this thing somewhere or else it was the grossest example of lack of due diligence I've ever heard of!<br /><br />Most banks close their own small commercial loans, particularly where there is no sale involved.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-70529209112433692652009-10-29T12:53:39.474-05:002009-10-29T12:53:39.474-05:00good points. Pretty much everything in this action...good points. Pretty much everything in this action is related to the Madison County transactions. I suspect the Desoto area banks are about to start winding up their lawsuits. If not, they better.Kingfishhttps://www.blogger.com/profile/06184990110961727404noreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-34356610159015846922009-10-29T12:49:11.411-05:002009-10-29T12:49:11.411-05:00Bottom line is Evans acted as an approved attorney...Bottom line is Evans acted as an approved attorney/issuing agent for MVT. Granted yes, he secured title search and issued title certificate, and chances are about 99.9% his office issued the policies and reported same to MVT w/payment for premium and copy of the policy. I cannot fathom those polices being issued by MVT Corporate office. Agency Agreements prohibit the attorney from issuing any commitments or policies in which "Agent, his employees or agents, or his relatives have any interest." <br /><br />Something I also thought was interesting that it appears from DeSoto County land records that most of the banks closed the transactions in-house. My curiosity has got me in that wondering if those banks relied on the Evans title certificate but issued the title policy through their own title company...owned by the bank. Think about that one.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-8116738533549711202009-10-29T11:29:09.694-05:002009-10-29T11:29:09.694-05:0011:14a.m., the closing protection letter purports ...11:14a.m., the closing protection letter purports to extend its "protection" to to its "Issuing Agent or Approved Attorney". Mr. Evans was an "approved attorney" which means he was approved to examine and certify titles to MVT and close transactions for them.<br /><br />I believe you are referring to the "Agency Agreement" under which the "agent" lawyer also prepares commitments and issues policies. Not sure that applies in this case. Please correct me where I've got it wrong.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-11471145626357038252009-10-29T11:14:03.606-05:002009-10-29T11:14:03.606-05:00Regarding closing protection letters...you have to...Regarding closing protection letters...you have to read the agreement/contract signed with MVT and the attorneys which are, by the way, called "issuing agents"...not approved attorneys.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-83095197114385557882009-10-29T10:55:56.883-05:002009-10-29T10:55:56.883-05:006:37 a.m., I think that the first analysis that MV...6:37 a.m., I think that the first analysis that MVT would make would be whether their policy even covered fraudulent acts of the "approved attorney" under MVT's closing protection letter. <br /><br />As everybody who has read one knows, the most recent version of what is euphemistically called a "closing protection letter" says that "furthermore, and notwithstanding any other limitations set forth in this paragraph, in no instance shall the Company be liable hereunder unless notice of claim in writing is received by the Company at its principal office one (1) year from the date of closing." That begs the question of exactly "WHO" the "closing protection letter" is actually "protecting"!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-44042400055423261592009-10-29T06:37:13.097-05:002009-10-29T06:37:13.097-05:00One big question in this case is going to be the m...One big question in this case is going to be the measure of MVT's liability under the loan policies that it issued. My understanding has always been that the measure of damages under a loan policy is limited to the actual value of the property. The values of most of these properties have declined since the policies were issued. That would leave the lenders uninsured for the difference between the principal balance and the value of their property. Others have challenged this measure of damages. Would the banks have any basis for asserting negligence against MVT, based on the extraordinary volume of policies that they were issuing to this approved attorney for the same property? Eventually the FDIC will take over one of the victimized bank and will be a plaintiff. MVT and Old Republic are going to be in litigation over this for many years.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-7130843582705045352009-10-29T06:32:30.344-05:002009-10-29T06:32:30.344-05:00KF, no conflict really - MVT has a duty to defend,...KF, no conflict really - MVT has a duty to defend, cure or pay the claim. Burwell is probably MVT's lawyer suing in the name of the bank to attempt a "cure"Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-49569948531074058112009-10-28T22:29:39.309-05:002009-10-28T22:29:39.309-05:00Too bad modern southener's are cowards because...Too bad modern southener's are cowards because the Evan's brothers would be hanging from a tree by morning.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-8778861068598934222009-10-28T18:31:05.759-05:002009-10-28T18:31:05.759-05:00Here's a potential conflict.
Burwell repres...Here's a potential conflict. <br /><br />Burwell represents Community Bank against two Evans' companies yet in <a href="http://madison-co.com/elected_offices/chancery_clerk/court_house_search/search_docket_descriptions.php?do_search=Submit%20Query&term=burwell&moreinfo=20080474" rel="nofollow">this case</a> represents MVT. Hmmm....what is he going to do if Community has to file claims against MVT?Kingfishhttps://www.blogger.com/profile/06184990110961727404noreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-86046482297672687692009-10-28T17:52:16.543-05:002009-10-28T17:52:16.543-05:00If you know of any such organizations or charities...If you know of any such organizations or charities, send me an email.Kingfishhttps://www.blogger.com/profile/06184990110961727404noreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-5909103638052626732009-10-28T15:42:02.127-05:002009-10-28T15:42:02.127-05:00Kingfish,
You have done an excellent job in repor...Kingfish,<br /><br />You have done an excellent job in reporting this case. We appreciate your efforts !!Where is the C-L and WLBT with their "Top Story" and all of these other wonderful news outlets that we have ??<br /><br />What also needs to be reported about Charles is that he has left numerous local people "holding the bag" on commitments that he made. He has left numerous suppliers and coaches associated with the MRA softball program that he committed to paying their bills without any hope of ever getting paid. These people don't have insurance like MVT and these banks that he frauded.<br /><br />He and his brother made commitments to numerous organizations in the area that will never be realized. What ashame for these people that were counting on them to honor them !!<br /><br />Anyway good work !!! I am sure that they will eventually be located and hopefully extradited !!<br /><br />Also, Maybe the local news media will report on this before Christmas !!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-47163961241833650872009-10-28T13:54:22.523-05:002009-10-28T13:54:22.523-05:00I thought an "approved attorney" had to ...I thought an "approved attorney" had to clear a title through an "agent"?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-17558929008029326812009-10-28T12:59:06.437-05:002009-10-28T12:59:06.437-05:00Interesting. Not what I heard in court yesterday b...Interesting. Not what I heard in court yesterday but interesting.Kingfishhttps://www.blogger.com/profile/06184990110961727404noreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-55501133648346128332009-10-28T12:50:59.355-05:002009-10-28T12:50:59.355-05:00From what I understand one of the banks used Inter...From what I understand one of the banks used Interthinx mortgage fraud detection software on one of their loans and irregularities popped up. The bank & interthinx fraud department then contacted Old Republic. This led to ORI sending in their skeleton crew fraud department into MVT which then jumped on their approved attorney agent.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-9263994460516715502009-10-28T12:43:22.477-05:002009-10-28T12:43:22.477-05:00When exactly did MVT begin to investigate? I saw ...When exactly did MVT begin to investigate? I saw Charles Evans entering the Madison Chancery Courthouse as I was leaving in early September.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-73373411938654538342009-10-28T12:21:00.575-05:002009-10-28T12:21:00.575-05:00I guess its not just lawyers...
http://www2.wjtv....I guess its not just lawyers...<br /><br />http://www2.wjtv.com/jtv/ap_exchange/mississippi_news/article/7ChargedInMedicareFraudFedsSeizeMillionsMs/48793/Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-88034911975100043762009-10-28T11:27:43.843-05:002009-10-28T11:27:43.843-05:0011:01 - The C-L is a very unfunny joke of a "...11:01 - The C-L is a very unfunny joke of a "news"-paper.Anonymousnoreply@blogger.com