Update: Found another batch of loans made to Evans owned or controlled companies in Texas. So far the total amount for this newly-discovered group is over $14 million, including a $4 million from Bankfirst Financial Services in Mississippi.
The jet-setting Evans brothers could not get enough of Mississippi. First it was Madison County, then it was Desoto. Now JJ discovered more "deals" were made in Harrison County by Chris and Charles Evans as well nearly $13 million in commercial real estate loans in Texas that are "going bad". (See note below for synopsis of the Evans case.)
Cedar Lake Investors (sound familiar?) obtained a Deed of Trust in on a property in Harrison County on December 22, 2004 from First Bank and Trust (a Louisiana bank) for $352,000. The loan has been extended several times. Deed of Trust, Extension, Second extension . As was true all too many times, both Chris and Charles Evans signed the Deed of Trust and apparently Charles Evans provided the title work. Both names are on the signature pages. There are also several deeds on file for properties owned by Chris Evans in Harrison County. Deed, Deed II, Deed III, Deed IV
It is unknown as to how many other properties and banks in that area were involved at this time and a further investigation is being conducted. However, JJ has also learned Evans' companies operated in Texas as well in the same manner. So far JJ discovered the following companies and deeds in Collins County:
Lake Harbor Development Company: Lake Harbor Development-owned property, Second Lake Harbor owned property. Lake Harbor obtained a commercial mortgage on a property in Collins County for $1,400,000 on October 11, 2007 from American Bank of Texas. Deed of Trust, Deed The deed was issued to Lake Harbor from another Evans company: Highland Colony Group.
Highland Colony Group owned several properties in Collins County and obtained several commercial real estate mortgages:
Northern Trust Bank of Texas, $990,000 on 7/14/06 Deed of trust
Signature Bank, $960,000 on 4/14/06 Deed of Trust, Extended.
Inwood National Bank, $930,000 on 5/23/06. Extended on 9/28/09. (Yes, you read the date right. ) Deed of Trust granting extension
Prosperity National Bank, $930,000 on 7/15/07. Extension of 4/25/06 loan. Deed of Trust. Loan was extended again.
Collins County was not the only county where the Highland Colony Group wheeled and dealed. The company made more than a few visits to Denton County as it followed its usual pattern: buying tracts of promising commercial real estate than obtaining large mortgages for them from local banks. Highland Colony obtained the following loans:
North Dallas Bank & Trust, $880,000 on 10/14/05, Extended
American Bank of Texas, $892,000 on 10/11/05, Extended
Independent Bank, $1,000,000 on 10/26/05, Extended
Texas Star Bank, $980,000 on 1/18/06, Extended
Bank of Texas, $960,000 on 1/25/06, Extended
Dallas City Bank, $1,000,000 on 2/14/06, Extended
Sovereign Bank, $997,500 on 3/09/06, Extended
Gateway National Bank, $930,000 on 5/04/06
Inwood National Bank, $930,000 on 6/02/06
Total amount of commercial real estate loans granted to Evans' company in Texas: $12,879,500 (This sum is in addition to the over $52 million in loans taken by Evans brothers in Mississippi.). This sum is not a final total or accounting as it is obviously unknown if more loans were extended to other Evans' companies. However, foreclosures are in the works as Independent Bank filed an "Appointment of Substitution of Trustee" on October 9, 2009 and Dallas City Bank filed one on October 26. Filing this notice at the courthouse is the first step in the foreclosure process. Link to Denton County land records search engine. Keep in mind these are loans that were extended to the Chris Evans through his companies. While it has NOT been shown they were fraudulent yet, as a freeze order is in place against Charles Evans, Jr. and Chris Evans is in bankruptcy, the Texas banks will probably suffer losses to some degree on these loans.
Note: The synopsis of the case is there were two brothers, Charles Evans, Jr., and Jon Chris Evans, in Jackson. Charles was an "approved attorney" for Mississippi Valley Title Insurance and certified titles to them. His brother Chris set up over 25 LLC's in Mississippi and apparently some more in Texas that bought prime pieces of undeveloped commercial real estate in booming suburbs of major cities such as Dallas, Memphis, and Jackson. Evans companies obtained MANY commercial mortgages on their properties and Charles Evans Jr. certified the titles/deeds to the property for MVT and the lender. Evans obtained over 80 commercial real estate loans from 32 banks in Mississippi according to a JJ investigation, totalling over $52 million in Madison and Desoto Counties. MVT testified in a hearing this week that in most cases, the lenders had NO deed or title to the property and thus had extended unsecured loans.
MVT filed a Request for an immediate Temporary Restraining Order in mid-September, alleging fraud. MVT asked the Court to freeze all assets of the Evans brothers among other demands made by the insurance company. The Court granted the order. The order was converted this week to a preliminary injunction (see earlier posts listed below). MVT's lawyer called the alleged fraud the "biggest fraud to hit Mississippi since Worldcomm." MVT's investigator also admitted on the stand the FBI had contacted him about the case. Chris Evans stayed all proceedings against him by filing Chapter 7 bankruptcy this week while Charles Evans, Jr., is still a defendant.
Earlier posts:
FBI contacted MVT, MVT lawyer calls Evans case "Biggest fraud to hit Mississippi since Worldcomm
Nearly $42 million in loans issued to Evans' brothers in Madison County
Tempest in a teapot or record-breaking fraud?
Banks issued nearly $10 million to Evans brothers in Desoto County
Evans case update on court filings
Friday, October 30, 2009
Evans brothers hit Harrison County & Texas. Nearly $13 million in Texas commercial loans given to Chris Evans
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Trollfest '09
Trollfest '07 was such a success that Jackson Jambalaya will once again host Trollfest '09. Catch this great event which will leave NE Jackson & Fondren in flames. Othor Cain and his band, The Black Power Structure headline the night while Sonjay Poontang returns for an encore performance. Former Frank Melton bodyguard Marcus Wright makes his premier appearance at Trollfest singing "I'm a Sweet Transvestite" from "The Rocky Horror Picture Show." Kamikaze will sing his new hit, “How I sold out to da Man.” Robbie Bell again performs: “Mamas, don't let your babies grow up to be Bells” and “Any friend of Ed Peters is a friend of mine”. After the show, Ms. Bell will autograph copies of her mug shot photos. In a salute to “Dancing with the Stars”, Ms. Bell and Hinds County District Attorney Robert Smith will dance the Wango Tango.
Wrestling returns, except this time it will be a Battle Royal with Othor Cain, Ben Allen, Kim Wade, Haley Fisackerly, Alan Lange, and “Big Cat” Donna Ladd all in the ring at the same time. The Battle Royal will be in a steel cage, no time limit, no referee, and the losers must leave town. Marshand Crisler will be the honorary referee (as it gives him a title without actually having to do anything).
Meet KIM Waaaaaade at the Entergy Tent. For five pesos, Kim will sell you a chance to win a deed to a crack house on Ridgeway Street stuffed in the Howard Industries pinata. Don't worry if the pinata is beaten to shreds, as Mr. Wade has Jose, Emmanuel, and Carlos, all illegal immigrants, available as replacements for the it. Upon leaving the Entergy tent, fig leaves will be available in case Entergy literally takes everything you have as part of its Trollfest ticket price adjustment charge.
Donna Ladd of The Jackson Free Press will give several classes on learning how to write. Smearing, writing without factchecking, and reporting only one side of a story will be covered. A donation to pay their taxes will be accepted and she will be signing copies of their former federal tax liens. Ms. Ladd will give a dramatic reading of her two award-winning essays (They received The Jackson Free Press "Best Of" awards.) "Why everything is always about me" and "Why I cover murders better than anyone else in Jackson".
In the spirit of helping those who are less fortunate, Trollfest '09 adopts a cause for which a portion of the proceeds and donations will be donated: Keeping Frank Melton in his home. The “Keep Frank Melton From Being Homeless” booth will sell chances for five dollars to pin the tail on the jackass. John Reeves has graciously volunteered to be the jackass for this honorable excursion into saving Frank's ass. What's an ass between two friends after all? If Mr. Reeves is unable to um, perform, Speaker Billy McCoy has also volunteered as when the word “jackass” was mentioned he immediately ran as fast as he could to sign up.
In order to help clean up the legal profession, Adam Kilgore of the Mississippi Bar will be giving away free, round-trip plane tickets to the North Pole where they keep their bar complaint forms (which are NOT available online). If you don't want to go to the North Pole, you can enjoy Brant Brantley's (of the Mississippi Commission on Judicial Performance) free guided tours of the quicksand field over by High Street where all complaints against judges disappear. If for some reason you are unable to control yourself, never fear; Judge Houston Patton will operate his jail where no lawyers are needed or allowed as you just sit there for minutes... hours.... months...years until he decides he is tired of you sitting in his jail. Do not think Judge Patton is a bad judge however as he plans to serve free Mad Dog 20/20 to all inmates.
Trollfest '09 is a pet-friendly event as well. Feel free to bring your dog with you and do not worry if your pet gets hungry, as employees of the Jackson Zoo will be on hand to provide some of their animals as food when it gets to be feeding time for your little loved one.
Relax at the Fox News Tent. Since there are only three blonde reporters in Jackson (being blonde is a requirement for working at Fox News), Megan and Kathryn from WAPT and Wendy from WLBT will be on loan to Fox. To gain admittance to the VIP section, bring either your Republican Party ID card or a Rebel Flag. Bringing both and a torn-up Obama yard sign will entitle you to free drinks served by Megan, Wendy, and Kathryn. Get your tickets now. Since this is an event for trolls, no ID is required. Just bring the hate. Bring the family, Trollfest '09 is for EVERYONE!!!
This is definitely a Beaver production.
Note: Security provided by INS.
Wrestling returns, except this time it will be a Battle Royal with Othor Cain, Ben Allen, Kim Wade, Haley Fisackerly, Alan Lange, and “Big Cat” Donna Ladd all in the ring at the same time. The Battle Royal will be in a steel cage, no time limit, no referee, and the losers must leave town. Marshand Crisler will be the honorary referee (as it gives him a title without actually having to do anything).
Meet KIM Waaaaaade at the Entergy Tent. For five pesos, Kim will sell you a chance to win a deed to a crack house on Ridgeway Street stuffed in the Howard Industries pinata. Don't worry if the pinata is beaten to shreds, as Mr. Wade has Jose, Emmanuel, and Carlos, all illegal immigrants, available as replacements for the it. Upon leaving the Entergy tent, fig leaves will be available in case Entergy literally takes everything you have as part of its Trollfest ticket price adjustment charge.
Donna Ladd of The Jackson Free Press will give several classes on learning how to write. Smearing, writing without factchecking, and reporting only one side of a story will be covered. A donation to pay their taxes will be accepted and she will be signing copies of their former federal tax liens. Ms. Ladd will give a dramatic reading of her two award-winning essays (They received The Jackson Free Press "Best Of" awards.) "Why everything is always about me" and "Why I cover murders better than anyone else in Jackson".
In the spirit of helping those who are less fortunate, Trollfest '09 adopts a cause for which a portion of the proceeds and donations will be donated: Keeping Frank Melton in his home. The “Keep Frank Melton From Being Homeless” booth will sell chances for five dollars to pin the tail on the jackass. John Reeves has graciously volunteered to be the jackass for this honorable excursion into saving Frank's ass. What's an ass between two friends after all? If Mr. Reeves is unable to um, perform, Speaker Billy McCoy has also volunteered as when the word “jackass” was mentioned he immediately ran as fast as he could to sign up.
In order to help clean up the legal profession, Adam Kilgore of the Mississippi Bar will be giving away free, round-trip plane tickets to the North Pole where they keep their bar complaint forms (which are NOT available online). If you don't want to go to the North Pole, you can enjoy Brant Brantley's (of the Mississippi Commission on Judicial Performance) free guided tours of the quicksand field over by High Street where all complaints against judges disappear. If for some reason you are unable to control yourself, never fear; Judge Houston Patton will operate his jail where no lawyers are needed or allowed as you just sit there for minutes... hours.... months...years until he decides he is tired of you sitting in his jail. Do not think Judge Patton is a bad judge however as he plans to serve free Mad Dog 20/20 to all inmates.
Trollfest '09 is a pet-friendly event as well. Feel free to bring your dog with you and do not worry if your pet gets hungry, as employees of the Jackson Zoo will be on hand to provide some of their animals as food when it gets to be feeding time for your little loved one.
Relax at the Fox News Tent. Since there are only three blonde reporters in Jackson (being blonde is a requirement for working at Fox News), Megan and Kathryn from WAPT and Wendy from WLBT will be on loan to Fox. To gain admittance to the VIP section, bring either your Republican Party ID card or a Rebel Flag. Bringing both and a torn-up Obama yard sign will entitle you to free drinks served by Megan, Wendy, and Kathryn. Get your tickets now. Since this is an event for trolls, no ID is required. Just bring the hate. Bring the family, Trollfest '09 is for EVERYONE!!!
This is definitely a Beaver production.
Note: Security provided by INS.
Trollfest '07
Jackson Jambalaya is the home of Trollfest '07. Catch this great event which promises to leave NE Jackson & Fondren in flames. Sonjay Poontang and his band headline the night with a special steel cage, no time limit "loser must leave town" bout between Alan Lange and "Big Cat"Donna Ladd following afterwards. Kamikaze will perform his new song F*** Bush, he's still a _____. Did I mention there was no referee? Dr. Heddy Matthias and Lori Gregory will face off in the undercard dueling with dangling participles and other um, devices. Robbie Bell will perform Her two latest songs: My Best Friends are in the Media and Mama's, Don't Let Your Babies Grow up to be George Bell. Sid Salter of The Clarion-Ledger will host "Pin the Tail on the Trial Lawyer", sponsored by State Farm.
There will be a hugging booth where in exchange for your young son, Frank Melton will give you a loooong hug. Trollfest will have a dunking booth where Muhammed the terrorist will curse you to Allah as you try to hit a target that will drop him into a vat of pig grease. However, in the true spirit of Separate But Equal, Don Imus and someone from NE Jackson will also sit in the dunking booth for an equal amount of time. Tom Head will give a reading for two hours on why he can't figure out who the hell he is. Cliff Cargill will give lessons with his .80 caliber desert eagle, using Frank Melton photos as targets. Tackleberry will be on hand for an autograph session. KIM Waaaaaade will be passing out free titles and deeds to crackhouses formerly owned by The Wood Street Players.
If you get tired come relax at the Fox News Tent. To gain admittance to the VIP section, bring either your Republican Party ID card or a Rebel Flag. Bringing both will entitle you to free drinks.Get your tickets now. Since this is an event for trolls, no ID is required, just bring the hate. Bring the family, Trollfest '07 is for EVERYONE!!!
This is definitely a Beaver production.
Note: Security provided by INS.
There will be a hugging booth where in exchange for your young son, Frank Melton will give you a loooong hug. Trollfest will have a dunking booth where Muhammed the terrorist will curse you to Allah as you try to hit a target that will drop him into a vat of pig grease. However, in the true spirit of Separate But Equal, Don Imus and someone from NE Jackson will also sit in the dunking booth for an equal amount of time. Tom Head will give a reading for two hours on why he can't figure out who the hell he is. Cliff Cargill will give lessons with his .80 caliber desert eagle, using Frank Melton photos as targets. Tackleberry will be on hand for an autograph session. KIM Waaaaaade will be passing out free titles and deeds to crackhouses formerly owned by The Wood Street Players.
If you get tired come relax at the Fox News Tent. To gain admittance to the VIP section, bring either your Republican Party ID card or a Rebel Flag. Bringing both will entitle you to free drinks.Get your tickets now. Since this is an event for trolls, no ID is required, just bring the hate. Bring the family, Trollfest '07 is for EVERYONE!!!
This is definitely a Beaver production.
Note: Security provided by INS.
16 comments:
I just don't get it. Any clue where these two boneheads are?
Alleged Boneheads if you please. LOL
JB
What about Louisiana?
Any idea who issued title policies for the Texas properties or was Evans an approved attorney in Texas too?
Little wonder why JJ traffic has been getting hammered from Tejas.
I'm curious Kingfish. Which sacred cow of Alan Lange's are you goring with this investigation? You've posted a half-dozen well documented, well written stories yet not one of them has been picked up by Y'allP. Could it be the Evans Bros were too close to members of the GOP? Hmmm.
To Curious: "DITTO" Unbelievable other media ignoring.
Well, it IS a bit much for tv to cover. Their format doesn't allow much for it and none of the stations here have investigative producers as they do in other cities so that means the reporter has to do the legwork.
As for the Mississippi Business Journal, this would be actual reporting, something they don't do and the Clarion-Ledger, I can't explain why they haven't. A couple of people at that paper have wondered it as well. This will eventually be picked up by the national media so if they want to give me a monopoly, fine with me.
Keep up the work, you will gain by shining the light. Perhaps the bigger story will be, small town news in bed with power folks fails to give public the truth about the gutting of a poor state. Let one network get a hold of all the stories you present and lets see a 60 minutes segment...hmmm...Irby...Bell...Evans...hmmm...indeed.
"evans jambalaya"....that's great, mr. fish!
I'm curious Kingfish. Which sacred cow of Alan Lange's are you goring with this investigation?
You can bet your last dollar October 31, 2009 @ 10:43 AM that if Y'allPolitics is silent about this Evans affair it is because Lange is pulling punches to kiss someone else's ass.
Meanwhile Lange's "intern" -- who anonymously posts here -- took this Walter Olson sentence:
One [Scruggs book] is co-written by Alan Lange of YallPolitics blogging fame.
and turned it into this headline puffery:
Overlawyered - Famous blogger to write Scruggs book
The only difference between Lange and Donna Ladd is the color of the stripes.
The national real estate industry publication The Legal Description picked up the story. I suspect that Wall Street Journal is next.
Free free to email me a copy of the story if you can. Subscription only and one year is nearly six hundred khabukis.
I am not a journalist, but did take a class or two in college and journalism is supposed to be unbiased & just report the facts so readers can make judgements. The titles of your articles convict these two men. Isn't it true you, 'Kingpen', know at least one of them on a personal level and have issue with him? Bet your readers aren't aware of that one!
Guess what? I'm not aware of that one either. Nice try. I was wondering when an Evans defender would show up.
What exact convicting did I do? They got loans in Texas and Mississippi? They received alot of mortgages. They were sued by alot of banks and two title insurance companies. Please explain, inquiring minds want to know.
You must be new to these parts November 10, 2009 9:26 PM. Put up your own website and let the truth be known. You won't.
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