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Artifice Created Through the Orchestrated Sabotage of Real Estate Investment Properties and Other Assets
" Believe none of what you hear . . .and half of what you see. "-- Benjamin Franklin
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Artifice is the deliberate deception of a group of people (in this case, the general public) by deceitful means in order to create an entirely false impression and convince them of something that is NOT at all the case.
Through a series of highly orchestrated events, extensive commercial sabotage was carried out against Spencer C. Young and his real estate investment interests in North Carolina, which commenced in earnest in the Summer of 2007. And despite countless requests and impassioned pleas made to law enforcement and his own attorneys, no legitimate or constructive actions were undertaken to prevent or otherwise address such transgressions -- for as noted here and at other affiliated websites, the corrupt influence of MorganStanleyGate has been disturbingly pervasive.
This section reviews a mind-boggling array of "attacks" on:
Although this list is not exhaustive, there are approximately 200 instances of sabotage listed here . . .
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The intent of these "attacks" were to cause economic destabilization and eventually default on the underlying mortgage loan, which was provided by Wachovia Bank when the property was acquired in 2005 by an affiliate of Spencer C. Young Investments, Inc. The Courtyard of Chapel Hill is an income-producing retail/office property located on W. Franklin St. in Downtown Chapel Hill, and is comprised of seven buildings ranging from one-to-three stories, which form a charming interior courtyard, ideal for community events and public gatherings.
The transgressions were commenced in 2007 pursuant to a carefully orchestrated Machiavellian plan surreptitiously sponsored by Morgan Stanley and Kirkland & Ellis in an effort to cover-up MorganStanleyGate.
⇨ Inexplicable Redevelopment Cost Overruns -- While it may not be uncommon, the redevelopment costs were so far in excess of budget and no reasonable explanations were provided, the existence of foul play is obvious ⇨ Excessive Delays in Completing Redevelopment -- the town of Chapel Hill has long had a reputation for a very careful construction review process by its planning department. Notwithstanding the approval process for redeveloping the courtyard of Chapel Hill was quite expedient, as it was accomplished in just a few months. And while the redevelopment work was to be completed by the end of June 2006, the work stretched out into 2008 with most of the work still stood substantially unfulfilled ⇨ Premature Acceleration of Mortgage by Wachovia -- Wachovia was aware of Mr. Young's impending divorce, the pledged their support. Nevertheless, in January 2008, they prematurely accelerated the mortgage on the courtyard of Chapel Hill, after being advised the sale Mr. Young's residents in New York would enable him to keep the mortgage current from that point forward. Just weeks before the closing, while Colby accelerated the mortgage and when the sale of his residence was completed the refused any and all payments and declared their intent to foreclose on the property which they proceeded to go about in an astonishingly aggressive manner ⇨ Wachovia Attempted to Sabotage the Acquisition of Nearby Lots for Valet Parking ("Valet Lots") -- while Mr. Young's acquisition of land parcels nearby the courtyard of Chapel Hill would have permanently resolve the parking lot sabotage, increase available parking by nearly 5 times, and therefore increase the value of the property substantially, will cobia actually attempted to sabotage the acquisition of land parcels. ⇨ Wachovia Reneged on Financing (Recapitalization, Acquisition of Valet Lots, Line of Credit) -- In January 2008, will call via exhibited an astonishing about face -- Mr. young woman from being treated as a vaunted high net worth personal and corporate banking client to an outright pariah. As result, they reneged on all financing promises associated with Mr. Young's commercial property recapitalization, the reconfiguration of the courtyard of Chapel Hill parking lot, in line of credit for short-term liquidity ⇨ Paragon Reneging on Financing (Recapitalization, Reconfiguration of Parking Lot, Line of Credit) -- after Mr. young brought in paragon to complete the acquisition of the land parcels for stack valet parking, they to did an about-face in a similar irrational and deliberately pernicious manner.
⇨ Sudden Jump in Property Taxes -- increases in property taxes are to be expected. However in 2008, the property taxes assessed on the courtyard of Chapel Hill were significantly increased (___%), despite devaluation of the property having decreased significantly by the unlawful and intractable parking lot blockade
⇨ Breaking & Entering - Perpetrated by 3 Cups / Lex Alexander -- a provision in the 3 cups lease provided the landlord as remedy to retake possession of the premises for nonpayment of rent. After providing 3 cups with sufficient advanced warning possession was taken in the locks were changed to days later, 3 cups had committed a felony of breaking and entering, and the locksmith who assisted them is complicit in carrying out this crime. ⇨ Filibuster in prosecuting claims -- Kennedy Covington was hired by Spencer young on _____. The team headed up by Bill Brian failed to accomplish any objectives that were laid out, including collection of rent arrears and filing the appropriate legal claims, as well as undertaking meaningful action to resolve the parking lot impasse. They were specifically engage to file civil claims against pH Craig for the unlawful parking lot blockade and obtain a court order to have it removed. Went initially discussed, they indicated that such an approach would be highly successful. However when Mr. young inquired about the lack of progress they abruptly reversed their position and resigned for entirely spurious reasons. ⇨ Foreclosure Papers Posted in Courtyard -- rather than deliver the fraudulent foreclosure papers to Mr. Young's office in Chapel Hill they were prominently scotch tape on Windows throughout the courtyard of Chapel Hill. ⇨ Lack of CHPD Response to Prosecuting Tire Slasher -- a perpetrated in no doubt secretly sponsored by Morgan Stanley and Kirkland and Ellis went about slashing tires throughout the parking lot at the courtyard of Chapel Hill. He Chapel Hill police officer on patrol caught this person any act and ended up in an altercation with the perpetrator, who was severely cut in resisting an arrest. This fellow was tackled at the back entrance to the property and there was blood everywhere. When Mr. young made inquiry to prosecute, he was stonewalled and the notorious tire slasher was never identified and released. ⇨ Threats made by of the Chapel Hill Police ("CHPD") -- Upon taking possession of the premises formerly occupied by 3 cups, Mr. Young posted a security guard in front with instructions to allow no entry. Later that day the security guard resigned indicating a Chapel Hill police officer threatened him that he would shoot him dead if he tried to prevent 3 cups from reentering the premises. ⇨ CHPD Threatened Arrest if Blockade was Removed --
⇨ Billing Irregularities by Property Managers -- when Hunter and Associates was hired by Mr. young to manage his commercial properties in North Carolina, they were specifically instructed to ensure the tenant Billings were accurate and rendered pursuant to their respective lease provisions. A year later Mr. young conducted a full-blown audit of Billings and found there to be billing irregularities in excess of $1 million parenthesis i.e. under Billings). When banks Hunter, CEO of Hunter and Associates was confronted about this he abruptly resigned without explanation. ⇨ Bizarre Resignation by General Contractor -- When the redevelopment work was about to commence, Resolute Construction abruptly resigned without explanation nor any forewarning, and after extensively wooing Mr. Young for months soliciting his redevelopment business in North Carolina, taking him to dinner and UNC basketball games. When pressed for an explanation, the reason given was so astonishingly absurd, the incidence of foul play was obvious -- the reason? Mr. Young's Vision and plans for the redevelopment work were too vague. Having launched billion dollar businesses on Wall St. Mr. Young was famous for his attention to detail, which explains why his franchises always exhibited lasting market acceptance. And in the matter of this relatively small scale redevelopment, Mr. Young provided an exceptionally clear plan and literally mind blowing detail. ⇨ Diverting Tenant Prospects -- when you're properties was engaged by Mr. young to manage his North Carolina properties CEO Smeads York assured Mr. young that all requisite internal controls were in place to protect against a conflict of interest on the leasing and. The conflict resulted from York's ownership of other commercial properties in the area, and without such controls the most desirable leasing prospects would be diverted to properties owned by York, and at the expense of the properties that York was managing on behalf of others. When York was caught red-handed trying to divert in upscale French restaurant from the courtyard of Chapel Hill to a York property, they were immediately fired. As York continues to manage a substantial number of properties owned by third parties, it appears this breakdown in internal controls was not accidental. ⇨ Inexplicable delays in installing property signs -- an important aspect in branding a property during its redevelopment is to put new signage up at the very beginning of the redevelopment. Despite Mr. Young's inculcated requests to have this taken care of during the redevelopment of the courtyard of Chapel Hill (as well as The Pit Stop of Durham), this was never done. ⇨ Property Manager Insubordination -- Terrill Wipper formally worked for Clinton associates, and handled the day-to-day management of Mr. Young's properties in North Carolina. A few months before the billing irregularities became known, Ms. Weber was fired for unspecified reasons. Months later and shortly after Hunter resigned she gave Mr. young call and pleaded with him to let her managed properties, indicating she had no involvement in the billing irregularities, and was facing personal financial hardship. Mr. young hired are but retained all financial aspects. Despite Mr. Young's compassionate gesture, when she was asked to secured two units with a tenant had been evicted, she refused to do so and abruptly quit ⇨ Unauthorized Payments by Property Manager -- Hunter and Associates was specifically instructed not to make certain vendor payments until some and delayed rent monies were deposited in cleared. In a blatant disregard of such instructions those payments were made and were coordinated with Bank of America Visa card payments on the daily basis, thereby in providing a entirely orchestrated and concocted basis to cancel that credit card, despite the fact no previous month payments were ever late.
⇨ Blocked Representation on Boards & Committees -- various friends in the town of Chapel Hill invited Mr. young to join various boards and committees associated with town activities and initiatives. And although Mr. young had a resume substantially more impressive than virtually everyone else considered, he was never selected. ⇨ CH Planning's Absurd Requests to Bliss Boutique -- the last tenant that Mr. young installed at the courtyard of Chapel Hill was bliss boutique bakery. The approval process that this tenant had to go through in relation to all previous tenants was over-the-top draconian. ⇨ Corrupt Town Attorney Provided Diabolical Instructions and Pernicious Assurances -- The town of Chapel Hill had provided proper oversight and protection of the parking lot serving the courtyard of Chapel Hill, thwarting a disgruntled nearby landowner ( pH Craig), from unlawfully blockading the lot for 17 months, Ralph Karpa knows, the town attorney, followed instructions originating from and sponsored by Kirkland and Ellis to orchestrate undermining the economic stability of the courtyard of Chapel Hill. He did this by having extensive meetings with pH Craig, indeed Mr. Craig the green light to do so along with assurances that the town would work with him to ensure the blockade is never removed and he received no fines for violating the special use permit for parking at the courtyard of Chapel Hill. ⇨ Government Advocate Promoted Out -- Mr. young had many friends and advocates to have the triangle area; however they all went into hiding shortly after the attacks ( commercial sabotage and smear campaign) began in the summer of 2007. One person who bravely stood her ground and supported Mr. Young's redevelopment efforts in Chapel Hill, Liz Parham, was eventually promoted out of her position, while her replacement abdicated providing any further assistance to Mr. young. ⇨ False & Personally Disparaging Articles -- 60+ on TCoCH but NONE on TPSoD ⇨ Planned Events Mysteriously Cancelled -- e.g. Locally Grown through Liz Parham
⇨ Backflow Devices Installation Sabotage - Express instructions were provided to the Sellers of The Courtyard of Chapel Hill and Village Plumbing to install the domestic backflow device (for drinking water) in an out of the way corner of the property and the commercial back flow device (for the fire sprinkler system) in an enclosed utility closet. They were installed at the front entrance (creating an unsightly tripping hazard) and in front of a bank of electrical meters (creating an electric ordinance violation which calls for a shut down of electrical service until rectified). ⇨ New Neon Logo Sign Switch Mysteriously Burns Out -- as part of the branding and redevelopment of the courtyard of Chapel Hill, a new logo was designed and installed to replace the old sign, using brand-new electrical circuits and equipment. Within a couple weeks of its installation, the installation was sabotaged to prevent its further illumination. ⇨ Chronic Water Main Breaks -- during installation of the interior courtyard patio, frequent water main breaks were encountered, which occurred so often, it appeared the "mistakes" were very much intentional ⇨ Creating Roof Leaks -- the courtyard of Chapel Hill experienced no roof leaks since Mr. young bought it in September of 2005. However beginning in the late summer of 2007 roof leaks occurred on a regular basis, and when investigated it was observed that holes were punched in the roof.
⇨ Locked Doors to Vacant Units Are Mysteriously Unlocked -- the doors of those units that were for lease were often unlocked and vandalism inside the and is often occurred, thereby making leasing those units especially challenging ⇨ Sewerage Backups -- nestled amongst the other instances of commercial sabotage obstructive materials were placed in the sewage lines such that backups would occur along the northern side of the property ( note tenants implicated in the sabotage notably 3 cups and sandwich) experienced no such problems whatsoever -- coincidence? Certainly not. These malicious acts caused the toilets to back up in the upscale French restaurant and in the women's clothing store. This very much staged event was used as a basis for the stock exchange women's clothing store to vacate the premises despite having a multiyear lease very much intact. ⇨ Water Element Blockages -- when the water element was installed in the interior courtyard of the property, it featured a European water fountain spilling into a stream surrounded by magnificently interesting vegetation, while meandering from west to east, ultimately disappearing into a rock garden. A few weeks after his water element was made operational, someone forced large rocks into the line that recirculated the water back to the European fountain. This caused a flood within the courtyard. ⇨ Incapacitating HVAC Units -- during the hottest days of a forecasted heat wave, the heating ventilation and air-conditioning units sitting on top of the roofs of various tenants, were sabotaged to impede or otherwise eliminate their cooling capacity. In some instances, sabotage was carried out in a stealth manner by surgically removing a small component of the cooling apparatus, while in other instances holes were punched in the condensing unit. ⇨ Exterior Lighting Sabotage -- consistent with what he'd seen throughout Europe, Mr. young installed electric lighting which look like gas lanterns. They would diabolically arranged to have halogen housing units and incandescent bulbs. Common nations such as this resulted in virtually every lamppost lightbulb burning out within weeks of their installation, mysteriously plunging the entire property into darkness, and in a manner that was difficult to detect. ⇨ Irrigation System Sabotage -- the courtyard of Chapel Hill was served by its own water well, which fed the irrigation system for its extensive and beautiful plantings throughout the property. Shortly after the system was updated and reconfigured for the new foliage, the lines were cut below the surface such that a massive leak went on undetected while the rest of the property was not being irrigated.
⇨ Unlawful Blockade of Parking Lot -- a nearby property owner (PH Craig) with otherwise vacant adjacent land serving a portion of the parking lot for The Courtyard of Chapel Hill, refused to enter into any agreement under any terms and then attempted to blockade the parking lot. He was stopped from doing so for approximately 19 months, until the town attorney, Ralph Karpinos gave him the green light to do so, which was timed to coincide with a range of other orchestrated instance is of sabotage and other stressful events so as to overwhelm Mr. Young. ⇨ Blockade Timed to Coincide with Divorce Settlement --
⇨ Wachovia Reneged on Installation of ATMs -- ⇨ Sudden & Inexplicable Run Up in Water Use -- Yet another instance of commercial sabotage came in the form of a massive increase in water usage. Various plumbers were brought into investigate the cause of this, and found nothing. During a one-month extensive in investigation of the carried out toward a usage that month keen backhand to normal levels; however that after the usage continue to reach extraordinarily high levels that could not be justified in any way shape shape or form by the current mix tenants.
⇨ Deliberate Failure to Pay Rent by Baba Ghannouj -- Mr. young had effectively custom-built a building at the courtyard of Chapel Hill for a middle eastern restaurant which had other franchises located throughout the triangle area. Despite Mr. Young's good faith this tenant, headed by Jamaal Haddad concocted or otherwise fabricated every excuse imaginable to not pay any rent. he did the same thing at what was perhaps the most desirable space at Mr. Young's other property, the pit stop of Durham. Why would a tenant behave in such a manner? The answer lies in the fact that Mr. Haddad was born in Kuwait and spent the preponderance of his life in Lebanon, and it is not coincidental that John Mack chairman of Morgan Stanley: (1) is of Lebanese descent; (2) was born and raised in North Carolina; and (3) has many ties with people in Lebanon. Mr. Haddad's compensatory reward for carrying out this is specially pernicious act of sabotage was arranged and paid for in Lebanon. ⇨ Flyer Postings on Store Front Being Marketed for Leasing -- quite often when Mr. young had posted for rent signs, someone deliberately takes flyers about local events going on on the glass to cover up the for rent sign. ⇨ Staged Break-Ins -- the courtyard of Chapel Hill experienced many staged break-ins, the preponderance of which occurred at 3 cups and sandwich. Upon concurrent investigation with the Chapel Hill police it was learned that they were all staged in that no money was ever taken and no insurance claim was ever filed. This was done as an act of sabotage to give the impression that the property had a significant security/crime issue. ⇨ Unlawful Breaking & Entering -- as noted above in the legal/Law enforcement section, both 3 cups and sandwich engaged in the felony of breaking and entering after they were evicted for nonpayment of rent. ⇨ Unlawful withholding of rent by 3 Cups -- Although the owner of 3 cups, a Lex Alexander, was very much aware Mr. young was being unlawfully prevented from rectifying the illegal parking lot blockade, he wrongfully used it as a basis to withhold rent -- in effect it was just a vicious canard intended to economically destabilize the courtyard of Chapel Hill. Mr. Alexander was reimbursed for ever cost see incurred with these fraudulently staged actions and ultimately his departure from the property, as well as receiving compensation in the form of bartered for his active role in perpetrating this outright fraud. As of year-end 2010, Mr. Alexander closes an affiliated company of Spencer C. Young's in excess of $500,000. ⇨ Vandalism of Tenant Storefronts, HVAC Systems, Phone & Internet Connections -- When 3 Cups was evicted for non-payment of rent, a series of tenant storefront vandalism acts occurred with rocks being thrown through the windows and graffiti sprayed on the glass. Sources have indicated those affiliated with 3 cups and the overall commercial sabotage efforts were responsible for this. Instances of vandalism were experienced by other tenants including Locopops, SandwHich, Penang, Baba Ghannouj, TixFixer (Orrin Robbins) and Dixon Weinstein
⇨ Price Gouging & Kickbacks -- well in property enters fully betrayed his trust, Mr. young undertook responsibility for all day-to-day property management in part so you can gaze on around the level of fraud sabotage and corruption that was being directed at him. One of the things he found was property managers catching him on pricing and arrangements with vendors where kickbacks were were set up. ⇨ Vendors discouraged/threatened if they accepted work at the Property -- when Mr. young went about soliciting vendors in contrast, he found it rather odd that it was difficult for him to find vendors who were willing to work for him. Upon pressing the issue as to why some would not accept work, they were told they were threatened with unspecified consequences if they did so. ⇨ Charging for Providing Estimate -- of the more astonishing things Mr. young came upon was that certain vendors which is charging to provide an estimate. Some would estimate the exceptionally high price and then charge then submit a bill to charge for the providing of an estimate, and effectively get paid for doing no work whatsoever. ⇨ Charging for Work Not Performed by Wright -- upon his investigation of specific Billings and then matching up with the work conducted, Mr. young found that a company that Terrill Whipper was boarding all proposals through was a company called CFE, which was owned by a colleague of hers named Bobby Wright. Upon investigation Mr. young found that CFA often build where no work was done whatsoever. ⇨ Delay in Getting Domain Transferred -- have been virtually nothing was accomplished in setting up the website for the courtyard of Chapel Hill, Mr. young firedTsunaone advertising, and when he asked to have registration of the domain name transferred to his website provider it took over a year to get this accomplished, with every absurd and insultingly irrational excuse provided along the way. ⇨ Delayed Delivery of Water Bills -- in addition to the sudden delay is realized in delivery of postal mail, OWASA also introduce delays in rendering their bills ⇨ Delays in Receiving Duke Energy Bills -- As OWASA had done, the rendering of Duke energy bills were also changed such that if Mr. young did not pay them on the day they were received, he would be hit with late charges and shut off notices ⇨ Duke Energy Sudden Lack of Cooperation -- when Mr. young first began redevelopment at the courtyard of Chapel Hill, he found the folks at Duke energy to be exceptionally accommodating, in particular Steve small, who was the area manager for the region where the courtyard of Chapel Hill was located. Mr. young work directly with Mr. small and a local electrician to successfully complete the relocation of a major transformer that was sitting with in the courtyard to an unobtrusive hidden area on the perimeter of the property. Notwithstanding such success, when the other acts of sabotage commenced in every person Mr. young interacted with at Duke energy was exceptionally on accommodating and often downright nasty ⇨ Failure to Finish Water Element -- Mr. young enjoyed the working relationship he had with Ed Fitts, who was the proprietor of Carolina Waterscapes, and he enjoyed collaborating with Mr. Fitts on designing the water element for the courtyard of Chapel Hill. nevertheless, His relationship with Mr. Fitts abruptly changed shortly after the commercial sabotage kicked in. And when Mr. young inquired about finishing the project, Mr. Fitts oddly refused to do so and concocted spurious reasons for his breach of contract ⇨ Lack of Response to RFPs -- requests for proposal were sent out to a number of construction firms to improve, or otherwise reconfigure the parking lots at the Pit Stop of Durham and the Courtyard of Chapel Hill. In his more than two decades of owning and managing commercial real estate, third party vendors who received formal request for proposal on a project would always respond. Mr. young received bids for the work at the pit stop of Durham but received nothing the courtyard of Chapel Hill this is unheard of. ⇨ Price Gouging by Blue Hill Services for Cleaning Lots -- blue Hill services is yet another business affiliated with Bobby Wright and Terrill Wipper, and upon investigation, there was significant price gouging as evidenced by bids from other vendors roughly half the price. ⇨ Significant failure to complete scope of work -- the redevelopment contract with Benjamin construction (the general contractor), with substantially incomplete with regard to the scope of work specified in this contract ⇨ Royal Parking Behavior -- will parking was engaged to manage the valet parking services for the courtyard of Chapel Hill, and was supposed to have the valet parking station and at all times. On many occasions it was found that the station was unmanned throughout the day and when this was brought to the attention of Royal parking, they merely denied it and did nothing to ameliorate the situation.
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Instances of Sabotage at of Chapel Hill
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FINANCIAL: ⇨ Sudden jump in property taxes --
PROPERTY: ⇨ Front Door Entrance Incapacitated -- When Mr. Young's fiancee' and young son were out of town visiting with relatives, he went for a run at night, and upon his return, his code to the main entrance was changed so he could not enter ⇨ Roof Leaks -- On frequent occasions, holes were punched in the roof over Mr. Young's top floor condominium such that water would pour in right in the middle of his bed ⇨ Car Vandalized -- While parked overnight in his condominium complex parking spot, virtually every area of Mr. Young's automobile was scraped (a/k/a "keyed") in yet another cowardly attack on his property ⇨ Automobile Stolen -- Shortly after the "wrongful forcible eviction" (discussed below) the automobile Mr. Young entrusted to his fiancee was left abandoned (for reasons Mr. Young does not understand) and its whereabouts are unknown.
⇨ Belongings Stolen or Otherwise Destroyed -- Also a result of the "wrongful forcible eviction" many of Mr. Young's belongings are missing or have been maliciously destroyed
⇨ Cyber Attacks -- Mr. Young was subjected to a never-ending spree of cyber-attacks on his office computer systems, which began at the same time other instances of sabotage commenced , despite extensive electronic firewall protections. He was frequently infiltrated with computer viruses that entirely wiped out ALL of his computer files, which he was able to recover due to frequent off-site and on-site back-ups. This attacks abruptly ended after he was unlawfully and forcibly evicted from his residence on Feb. 2, 2010 -- coincidence? ⇨ Water Usage Spike -- Shortly after the fraudulent foreclosure process commenced, Mr. Young experienced a sudden massive increase in his water usage, which OWASA could not explain and plumbers confirmed there were no leaks
⇨ Water Shut-Off -- Dating back years before (as the services were being offered), Mr. Young arranged for virtually ALL bills to be routinely paid each month by "auto-pay" arrangements such that the amount due would be debited out of one of his demand deposit accounts (DDAs) each month. When Paragon commenced its foreclosure fraud, they abruptly closed Mr. Young's DDA's and absconded with over $30,000. When Mr. Young reinstated his vendor auto-pay arrangements with new bank accounts, inexplicably, OWASA's electronic payment system was unable to activate this (no problems encountered with the other vendors). As a result, the issue was brought to their attention, and the requisite documents were printed, executed, scanned and emailed to OWASA. Although assured "everything was taken care of", the payments were not processed, and an aggressive water turn-off notice was not received (by regular mail) until the water was actually turned off. Upon inquiry, he received no explanation.
⇨ Email Compromised -- There were countless instances of Mr. Young sending and receiving emails which mysteriously never made it to their destination. This attack first manifested when he was out of town as a Mensa annual gathering, where midway through this roughly week-long conference (and where the preponderance of his emails pertained to prosecuting his claims in the MorganStanleyGate scandal), ALL of his communications were inexplicably knocked out. This then carried forward upon his arrival back in Chapel Hill, such that he had to open up numerous email accounts on different platforms, which he had feed in on a centralized basis to Microsoft Outlook on his office computers and into a Blackberry server for his PDA.
⇨ Delayed Receipt of Postal Mail -- When the sabotage began in 2007, there was a woefully obvious change in the timely receipt of postal mail . . . in fact, in some instances, notices and hard copy letters were never received . . . and NOT coincidentally, they were ALWAYS the time sensitive ones. As a result, Mr. Young notified the Chapel Hill post office on a few occasions, but the problem was NEVER corrected.
⇨ Compromised Delivery of Legal Documents -- The failure to receive time-sensitive legal documents was chronic and certainly deliberate, and this began in the Summer of 2007. And despite Mr. Young's frequent requests to those attorneys responsible to email all documents, that was seldom done . . . and NEVER for any time-sensitive documents. In fact a trick employed was to send notices to a state sponsored organization without Mr. Young's knowledge and treat it as having been delivered.
⇨ Interrupted Phone Service -- Once the sabotage began in the Summer of 2007, Mr. Young was often unable to make and receive phone calls, and his calls from his cell phone and land line were often dropped. He had also heard from others that they were unable to reach me by phone as the phone would ring forever -- which is disturbing since he arranged for voicemail to kick in after a few rings on ALL phone lines.
LEGAL / LAW ENFORCEMENT:
⇨ Fraudulent Loan Default -- Mr. Young was subjected to a series of fraudulent foreclosures coordinated between two financial institutions with close ties in North Carolina (Wachovia and Paragon Commercial Bank), and with regard to his live/work residence in Meadowmont Village in Chapel Hill, Paragon orchestrated and declared an entirely fraudulent mortgage loan default on a mortgage that since inception in 2005 was: (1) NEVER late; (2) NOT delinquent; and (3) PAID-IN-FULL. And although this was brought to the attention of every major political, judicial and law enforcement representative in North Carolina, there was NO RESPONSE -- not even by the media in a press release. ⇨ Wrongful Forcible Eviction -- Although hundreds of pages of overwhelming evidence were made publicly available, and public announcements were made far and wide about these documents (e.g., Paragon's own records which CONFIRM their fraud BEYOND ALL DOUBT), a completely unnecessary and over-the-top SWAT team attack was carried out against Mr. Young, made possible by a most corrupt Orange County (NC) Sheriff (Lindy Pendergrass) and his deputies (Charles Blackwell and J.C. Clayton) ⇨ Denied Legal Due Process -- Supplementing the fraudulent foreclosure and wrongful eviction was a complete denial of Mr. Young's right to legal representation. It began as it had in New York with payoffs to Mr. Young's attorneys to NOT prosecute his claims, and abruptly resign for entirely concocted reasons. And eventually got to the point that he was unable to hire an attorney at all, and when this was brought to the attention of the NC State Bar and the NC Dept of Justice and Attorney General and even Governor Bev Perdue . . . NOTHING was done. What this absurdity means is this: A callous murderer can readily receive legal representation, but a law-abiding citizen who has invested $ millions in the State of North Carolina can't get an attorney to represent him against the foreclosure frauds? That is preposterous. ⇨ Denied US Citizen's Rights -- When Mr. Young was arrested in his residence on fabricated charges (which were later dropped), he was denied his right to remain silent ("We'll throw you in jail with violent criminals if you don't answer our questions" was one such coercive threat made), and he was denied his right to an attorney when he was been physically and emotionally tortured by Orange County law enforcement (most notably Deputy JC Clayton and Magistrate Gregory Stephens)
PUBLIC RELATIONS:
⇨ False Articles -- Continuing the audacious local smear campaign carried out against Mr. Young in North Carolina, at least two false and libelous articles came out in a attempt to destroy Mr. Young's credibility and cover up the fraudulent foreclosures and unlawful eviction.
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FINANCIAL: ⇨ Reneging on Recapitalization -- Both Paragon Commercial Bank and Wachovia Bank reneged on providing financing for the recapitalization of Mr. Young's North Carolina real estate portfolio
⇨ Sudden Jump in Property Taxes -- at the same time property taxes and jumped substantially at the courtyard of Chapel Hill, there was a similar excessive jump in property taxes at the pit stop of Durham, which were far in excess of the average increase for other real estate properties in Durham County.
⇨ Blocked Deposits by Paragon -- to orchestrate the appearance of a default, Paragon abruptly rejected deposits made by various tenants At the Pit Stop of Durham
⇨ Unauthorized Wire Transfers -- supplementing the blocking of deposits paragon also wired out monies without authorization nor justification, and did so just prior to the payment due date for Mr. Young's mortgage loans
⇨ Grand Larceny Theft of Funds -- supplementing paragons entirely fraudulent and orchestrated default on loans that were never paid late and not in default, the maliciously closed all of Mr. Young's to demand deposit accounts and absconding with over $30,000
⇨ Orchestrated Defaults -- although paragon was given specific instructions to apply available monies for the monthly mortgage payments, they deliberately disregarded those instructions and declared entirely fraudulent defaults and they also denied Mr. young the opportunity to cure these entirely fraudulent defaults
⇨ Fraudulent Foreclosures -- paragon then proceeded to follow through on fraudulent foreclosures, and deny him the right to contest these fraudulent acts by preventing him from engaging legal counsel
⇨ Fraudulent Receiver Appointment -- once again through orchestrated fraud in the assistance of an apparently corrupt judge (Carl Fox), paragon had any receiver appointed and of all income intercepted without ever having to prove that there was a default. The appointment of a receiver was predicated solely upon a false affidavit submitted by James Hoose of paragon, while preventing Mr. young from contesting this because he had no attorney to do so ( a confluence of events is a mockery of legal due process and patently absurd)
LEGAL: ⇨ Lost Criminal Complaint -- when) was evicted from the spaces he lease at the pit stop of Durham, the lots were changed pursuant to the lease provisions. The following day Mr. Brown committed a felony of breaking and entering these premises. Criminal complaints were filed with the Durham magistrate, but no action whatsoever was taken -- in fact, the criminal complaint was mysteriously lost altogether. and when Mr. Young's attorneys inquired about this, they were stonewalled and no explanation was ever provided
⇨ Sudden Refusal to Collect Arrears -- the refusal to collect rent arrears first began with Womble Carlyle, despite Bill Matthews express promises to do so when his firm was engaged to handle all of Mr. Young's North Carolina real estate matters. Oddly, this outright failure to collect rent arrears carried forward in various creative ways by subsequent law firms that were engaged to expressly do this. In the more than two decades of Mr. young owning and managing commercial real estate he never encountered anything remotely similar to this situation -- simply because it was all a function of rampant corruption in this area of North Carolina
⇨ Unlawful Breaking & Entering -- Carlos Brown operated two tenancies at The Pit Stop of Durham -- whips and chains (a car and motorcycle customization shop) and 54 West (an upscale nightclub). Despite Mr. Young's goodwill efforts to modify and restructure the leases to accommodate Mr. Brown's operational shortfalls, the mounting arrears forced Mr. young to take back the premises, pursuant to the express provisions of the operative leases. After Mr. young had regained title to the respective leasehold and change the locks, Mr. Brown broke into these premises which is a de facto felony
⇨ Denial of Due Process -- of the more astonishing hallmarks of the commercial sabotage perpetrated against Mr. young, was the outright denial of legal due process. When Mr. young began investing in North Carolina real state in 2004 many law firms clamored for his business and in New York he was represented by some of the most prestigious law firms such as Cadwallader, Dechert and Ruskin Moskal. Yet when the commercial sabotage commenced the law firms to represent his interests stonewalled accomplished nothing and then abruptly resigned citing spurious reasons for doing so. Moreover, Mr. young was shockingly unable to hire any attorney whatsoever, and when he caught wind that threats were being made to anyone who would represent Mr. young he brought the matter to the attention of the North Carolina State Bar Association and the North Carolina Department of Justice -- incredibly they were both completely non-responsive.
MANAGEMENT: ⇨ Billing Irregularities -- the billing irregularities surfaced upon completion of a complete audit of all Billings against the respective leases. For the pit stop of Durham only, this amount exceeded $900,000, and when the property manager Hunter and Associates was apprised of this and asked to explain it they abruptly resigned leaving Mr. young in the lurch
⇨ Diverting Tenant Prospects -- York properties was first engaged to handle all property management and leasing for Mr. Young's North Carolina properties; however it, it struck Mr. young as odd that they could not lease the most desirable space (the end cap space of the Northern wing), and it was later learned that the reason for this was they would diverting tenant prospects for their own properties, which they were caught red-handed doing trying to lower Bonne soirée from the courtyard of Chapel Hill to available space at one of the York owned properties.
⇨ Paying Tenant TPSoD Water Utilities -- another inexcusable and unimaginable error was the payment of utility expenses that were expressly the responsibility of each tenant. This was yet another irregularity exposed by the audit
⇨ Property Manager Insubordination -- when directed to execute insecure the reclaiming of leasehold space from Carlos Brown (discussed above), the property manager responsible for this (Terrill Wipper) refused to carry out her duties for unspecified reasons and in a most insubordinate manner, and because of her deliberate failure to carry out her responsibilities this former tenant was able to break and enter into the premises and cause substantial damage.
⇨ Refuse Removal Bullying -- another finding of the financial audit revealed excessive price gouging and kickbacks, which was especially pronounced in the arrangements made with Waste Management in that the amount they charged was three times the market rate as evidenced by the bid proposals Mr. young received and ultimately entered into. instead of accepting the fact that they were exposed and fired, waste management proceeded to engage in bullying tactics by not removing their garbage dumpsters and placing them in areas the parking lot that obstructed the free flow of traffic, and continued to Bill and the excessively high rates , while impeding the use of dumpsters provided by the refuse removal from that replaced them.
POLITICAL: ⇨ Blocked Removal of NC Hwy 55 Median Divider (Or Installation of "Cuts") -- in the southbound lane of and see highway 55 was blocked from ingress egress to the pit stop of Durham by a concrete median divider, which serve no useful purpose other than to create massive traffic jams and unsafe driving conditions. Shortly after Mr. young purchasing The Pit Stop of Durham, CEO of your properties, Smeads York (a former two-term mayor of Raleigh) provided assurances that he could employ his political clout with the North Carolina Department of Transportation to get this accomplished -- it wasn't. And when Mr. young engage the assistance of the Durham Chamber of Commerce ( of which he was a member) he was put in touch with the decision-makers of the NC DOT,, and had meetings in their offices a which were set up by his general contractor Benjamin construction, and was done at a time when the divider was removed for a widening of the road. A more than compelling presentation was made to ensure this divider was not reinstated, which would have dramatically improve traffic safety while increasing the value of the property, the median reappeared without explanation. ⇨ Draconian Portable Sign Violations -- despite being advised a local ordinance rules concerning signage, every so often a tenant would attempt to place a portable sign along NC Highway 55 or NC Highway 54. Mr. Young's property managers would normally spot this during their daily business the property; however when the commercial sabotage commenced, Durham County issued needlessly and over-the-top threatening letters
⇨ Inexplicable delays in installing Pylon road signs -- one of the most critically important aspects in re-branding a commercial real estate property, particularly when changing its name (as was the case in changing Triangle Village Auto Mall to The Pit Stop of Durham) is the installation of captivating and easily read road signs. This was originally stressed with the construction arm of York Properties, and every imaginable reason for delay was given. Dismayed by such an inexplicable delay, Mr. Young became actively involved, and the sign company hired by York Properties on the half of Mr. Young (Harlan Laws Sign Company), was found to have developed signage plans, which did not meet the parameters of the local signage ordnance in any way shape or form -- for instance, the sign was too large and it had too many colors. in response Mr. young reassigns project to his general contractor ( Benjamin Construction), and although they were able to finally obtain signed claims which coincided with local ordinance, the signs were never installed . . . and no viable explanation was provided.
PROPERTY: ⇨ Breaking Bottles in Parking Lot --
⇨ Car Vandalism --
⇨ Frequent Abandonment of Cars in Parking Lot --
⇨ Sewerage Backups from Sabotaged Pumping Station --
⇨ Incapacitating HVAC Units --
⇨ Punching Holes in Roof --
TENANTS: ⇨ Baba Ghannouj Withholding Rent --
⇨ Egregious Failure to Pay Rent - Baba Ghannouj --
⇨ Egregious Failure to Pay Rent- Carlos Brown --
VENDORS: ⇨ Accessory by Locksmith --
⇨ Abrupt Work Stoppage by Landscaper Corp Sves --
⇨ Vendor Price Gouging (Kickbacks?) --
⇨ Vendors Just Don't Show Up --
⇨ Vendors told not to work for me --
⇨ Charging for Work Not Performed by Wright --
⇨ Failures by Vendors --
⇨ Price Gouging by Blue Hill Services for Cleaning Lots --
⇨ Significant failure to complete scope of work --
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Other Instances of Sabotage Directed at
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FINANCIAL: ⇨ Abrupt Cancellation of B of A Visa Card --
⇨ Abrupt Cancellation of American Express Card --
⇨ Abrupt Cancellation of Wachovia Visa Card --
⇨ Blocked Access to Investment Funds --
⇨ Delayed Receipt of Euros --
LEGAL / LAW ENFORCEMENT:
⇨ Divorce Attorney Stonewalling & Harassment --
⇨ Harassment by Creditors -- ⇨ Local FBI Office About-Face -- ⇨ Local FBI Office Employs Intimidation Tactics -- ⇨ North Carolina Dept. of Justice Unresponsive -- ⇨ NC State Bureau of Investigation Unresponsive --
⇨ NC State Bar Unresponsive --
⇨ NC Bar Association Unresponsive --
PUBLIC RELATIONS:
⇨ False & Disparaging Articles by News & Observer --
⇨ False & Disparaging Articles by Herald Sun -- ⇨ False & Disparaging Articles by Chapel Hill News -- ⇨ False & Disparaging Articles by The Daily Tar Heel -- ⇨ Smeared by Local Blogger --
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