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Offline Anonymous

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HLA NEW FORECLOSURE NOTICE
« on: May 07, 2009, 12:25:44 PM »
NOW THE EDUCATIONAL CONSULTANTS KNOW THE TRUE REASON HLA WAS NOT AT THE IECA MEETING IN CALIFORNIA.  BUCCELLATO TRULY MAY HAVE HAD 'IN-TAKES' AS REPORTED,AS HE HAS NO SCRUPLES...CASH N' CARRY'.  IF THERE WERE ANY INTAKES AS REPORTED AND ALSO TOLD TO IECA MEMBERS, PLEASE LET YOUR REFERRAL FAMILY KNOW.  THIS IS BEING REPORTED TO THE ORS AND THE GEORGIA FEDERAL DISTRICT ATTORNEY NAHMIAS.
 
 
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Legal Notices
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NOTICE OF POWER OF SALE CONTAINED
Published: Thursday, May 7, 2009 11:31 AM EDT
IN GEORGIA SECURITY DEED AND SECURITY AGREEMENT

STATE OF GEORGIA

COUNTY OF LUMPKIN

Under and by virtue of the power of sale contained in that certain Georgia Security Deed and Security Agreement from HIDDEN LAKE ACADEMY, INC., a Georgia corporation (hereinafter referred to as “Grantor”) to BRANCH BANKING AND TRUST COMPANY, a North Carolina banking corporation (hereinafter referred to as “Grantee”), dated September 19, 2006 and recorded in Deed Book 1005, Page 652, et. seq., Lumpkin County, Georgia Records (the “Security Deed”), the undersigned, as Attorney-in-Fact for Grantor, will sell at public outcry to the highest and best bidder for cash, between the legal hours of sale before the Courthouse door of Lumpkin County, Georgia, on the first Tuesday in June, 2009 (June 2, 2009) the following described property, to wit:

PARCEL A:

ALL THAT TRACT OR PARCEL OF LAND lying and being in Land Lots 1002 and 1001, 11th District, 1st Section, Lumpkin County, Georgia, being 16.636 acres and shown as Parcel “A” on a survey for Hidden Lake Academy, dated August 11, 2006, prepared by Michael Stewart Kelley, Georgia Registered Land Surveyor, and being more particularly described as follows:

TO FIND THE TRUE POINT OF BEGINNING, begin at an iron pin found at the corner common to Land Lots 1002, 1001, 1015 and 1016; thence along the southern boundary line of Land Lot 1002 North 86?04'02” West 349.39 feet to a point on the eastern right-of-way of Hidden Lake Road (40' right-of-way); thence North 86?04'02” West 41.22 feet to a point on the western right-of-way of Hidden Lake Road and the TRUE POINT OF BEGINNING; thence continuing along the southern boundary line of Land Lot 1002 North 86?04'03” West 536.81 feet to an iron pin found; thence leaving said Land Lot line North 13?01'46” East 47.26 feet to a point; thence North 13?53'51” East 71.19 feet to a point; thence North 30?57'19” East 45.05 feet to a point; thence North 38?55'11” East 42.55 feet to a point; thence North 30?10'19” East 21.40 feet to a point; thence North 28?56'46” East 47.32 feet to a point; thence North 15?52'20” East 39.14 feet to a point; thence North 01?13'35” West 67.19 feet to a point; thence North 03?22'07” West 72.67 feet to a point; thence North 05?41'49” West 32.65 feet to a point; thence North 05?58'55” East 48.33 feet to a point; thence North 16?02'45” East 87.18 feet to a point; thence North 21?29'13” East 53.58 feet to a point; thence North 28?03'21” East 14.25 feet to a point; thence North 31?19'24” East 92.80 feet to a point; thence North 31?40'00” East 71.80 feet to a point; thence North 21?32'15” East 35.01 feet to a point; thence North 11?08'06” East 77.90 feet to a point; thence North 15?21'54” East 67.70 feet to a point; thence North 16?04'32” East 110.87 feet to a point; thence North 23?10'49” East 54.61 feet to a point; thence North 21?40'14” East 66.51 feet to a point; thence North 26?25'52” East 88.41 feet to a point; thence North 12?08'23” East 98.58 feet to a point on the southern boundary line of Land Lot 943; running thence along said Land Lot line South 86?26'43” East 673.25 feet to a point on the western right-of-way of Hidden Lake Road; thence along said right-of-way the following chord bearings and distances: South 59?44'46” West 70.53 feet; South 49?35'15” West 108.28 feet; South 45?14'19” West 77.80 feet; South 35?44'10” West 77.29 feet; South 24?18'30” West 59.92 feet; South 19?29'20” West 113.58 feet; South 22?18'53” West 53.29 feet; South 29?14'49” West 76.46 feet; South 13?41'21” West 853.06 feet; thence South 17?53'48” West 22.17 feet to the TRUE POINT OF BEGINNING.

PARCEL B:

ALL THAT TRACT OR PARCEL OF LAND lying and being in Land Lots 1002, 1001, 944, 945, 946, and 1016, 11th District, 1st Section, Lumpkin County, Georgia, being 173.689 acres and shown as Parcel “B” on a survey for Hidden Lake Academy, dated August 11, 2006, prepared by Michael Stewart Kelley, Georgia Registered Land Surveyor, and being more particularly described as follows:

BEGINNING at the corner common to Land Lots 1001, 1002, 1015 and 1016; running thence along the southern boundary line of Land Lot 1002 North 86?04'02” West 349.39 feet to a point on the eastern right-of-way of Hidden Lake Road (40' right-of-way); thence along said right-of-way the following chord bearings and distances: North 17?53'46” East 13.69 feet; North 13?41'21” East 857.05 feet; North 29?14'53” East 73.42 feet; North 22?19'00” East 56.66 feet; North 19?29'18” East 112.92 feet; North 24?18'28” East 54.24 feet; North 35?44'03” East 69.94 feet; North 45?14'24” East 72.99 feet; North 49?35'17” East 103.19 feet; North 59?44'39” East 74.92 feet; North 58?16'40” East 100.40 feet; North 50?00'46” East 86.69 feet; North 43?14'11” East 63.46 feet; North 31?50'58” East 74.27 feet; North 32?52'01” East 38.01 feet; North 50?07'43” East 20.31 feet; North 68?03'05” East 5.97 feet; North 72?31'35” East 250.12 feet to a point; thence leaving the eastern right-of-way of Hidden Lake Road North 17?28'28” West 40.00 feet to a point on the western right-of-way of Hidden Lake Road; thence along the western right-of-way of Hidden Lake Road South 72?31'37” West 137.05 feet to a point; thence leaving the western right-of-way of Hidden Lake Road North 21?17'14” East 251.54 feet to a point; thence North 34?34'32” East 198.44 feet to a point; thence South 55?18'02” East 159.88 feet to a point; thence North 58?04'14” East 75.33 feet to a point; thence North 46?48'10” East 59.14 feet to a point; thence North 73?47'55” East 56.12 feet to a point; thence North 62?35'21” East 51.50 feet to a point; thence North 43?56'38” East 62.23 feet to a point; thence North 03?40'13” West 41.27 feet to a point; thence North 11?10'19” West 34.82 feet to a point; thence North 28?36'05” East 80.69 feet to a point; thence North 24?57'02” East 130.51 feet to a point; thence North 09?22'46” East 165.57 feet to a point; thence North 21?31'54” East 121.26 feet to a square pipe; thence South 84?07'17” East 335.01 feet to a point; thence South 84?13'14” East 2476.74 feet to an iron pin found; thence South 03?09'46” West 1293.38 feet to an iron pin found; thence North 87?22'01” West 1339.51 feet to an iron pin found; thence North 86?45'40” West 1299.58 feet to an iron pin found; thence South 03?42'34” West 1318.92 feet to a point; thence North 87?44'20” West 76.73 feet to a point; thence South 38?59'24” West 191.55 feet to a point; thence South 47?39'23” West 332.13 feet to a point; thence South 51?21'25” West 202.58 feet to a point; thence South 25?33'54” West 246.97 feet to a point; thence South 02?31'16” West 558.20 feet to an iron pin found; thence North 86?45'41” West 667.18 feet to an iron pin found; thence North 02?14'28” East 540.70 feet to an iron pin found; thence North 03?38'00” East 756.36 feet to an iron pin found and the POINT OF BEGINNING.

The above-described PARCEL A and PARCEL B are hereinafter referred to as the “Property”.

The Security Deed was given to secure Grantor's guarantee of a Promissory Note dated September 19, 2006, in the original principal amount of SEVEN MILLION TWO HUNDRED THOUSAND AND NO/HUNDREDTHS DOLLARS ($7,200,000.00) (the “Promissory Note”), pursuant to a Guaranty Agreement dated September 19, 2006 (the “Guaranty”), with interest thereon as provided in the Promissory Note and the Guaranty until paid.

On account of defaults in the terms of the Promissory Note, the Guaranty, the Security Deed and other loan documents, including Grantor's failure to pay the indebtedness in full at its accelerated maturity, Grantee, the present holder of the Security Deed, the Promissory Note and the Guaranty, has declared the entire unpaid principal balance of all obligations secured by the Security Deed, including interest to date of sale, to be due and payable immediately.

The debt remaining in default and unpaid, this sale will be for the purpose of satisfying the principal and interest due, amounts, if any, expended by Grantee to protect its interest in the Property, and all expenses of this sale, including, without limitation, attorneys' fees.

The Property will be sold subject to outstanding ad valorem taxes and/or assessments, and superior easements, restrictions and rights-of-way and other superior matters of record, if any. The undersigned will execute a deed to the purchaser at the sale as provided in the Security Deed.

To the best knowledge and belief of Grantee, the equitable title to the Property is vested in Grantor, and the party in possession of the Property is HLA, Inc., pursuant to a Commercial Lease Agreement referenced in Memorandum of Lease recorded in Deed Book X21, Page 118, Lumpkin County, Georgia Records.

Branch Banking and Trust Company, as Attorney-in-Fact for Hidden Lake Academy, Inc.

R. Russell Berry, Esq.

Womble, Carlyle, Sandridge & Rice, PLLC

Attorneys at Law

271 17th Street, N.W.

Suite 2400

Atlanta, Georgia 30363

(404) 888-7468

(5/6, 5/13, 5/20, 5/27)




     
NOTICE OF SALE UNDER POWER   NOTICE OF SALE UNDER POWER  


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Dahlonega, GA
« Last Edit: December 31, 1969, 07:00:00 PM by Guest »

Offline Anonymous

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Re: HLA NEW FORECLOSURE NOTICE
« Reply #1 on: May 07, 2009, 12:42:07 PM »
AWESOME NEWS!!!!!

NOTICE OF POWER OF SALE CONTAINED
Published: Thursday, May 7, 2009 11:31 AM EDT
IN GEORGIA SECURITY DEED AND SECURITY AGREEMENT

STATE OF GEORGIA

COUNTY OF LUMPKIN

Under and by virtue of the power of sale contained in that certain Georgia Security Deed and Security Agreement from HIDDEN LAKE ACADEMY, INC., a Georgia corporation (hereinafter referred to as “Grantor”) to BRANCH BANKING AND TRUST COMPANY, a North Carolina banking corporation (hereinafter referred to as “Grantee”), dated September 19, 2006 and recorded in Deed Book 1005, Page 652, et. seq., Lumpkin County, Georgia Records (the “Security Deed”), the undersigned, as Attorney-in-Fact for Grantor, will sell at public outcry to the highest and best bidder for cash, between the legal hours of sale before the Courthouse door of Lumpkin County, Georgia, on the first Tuesday in June, 2009 (June 2, 2009) the following described property, to wit:

PARCEL A:

ALL THAT TRACT OR PARCEL OF LAND lying and being in Land Lots 1002 and 1001, 11th District, 1st Section, Lumpkin County, Georgia, being 16.636 acres and shown as Parcel “A” on a survey for Hidden Lake Academy, dated August 11, 2006, prepared by Michael Stewart Kelley, Georgia Registered Land Surveyor, and being more particularly described as follows:

TO FIND THE TRUE POINT OF BEGINNING, begin at an iron pin found at the corner common to Land Lots 1002, 1001, 1015 and 1016; thence along the southern boundary line of Land Lot 1002 North 86?04'02” West 349.39 feet to a point on the eastern right-of-way of Hidden Lake Road (40' right-of-way); thence North 86?04'02” West 41.22 feet to a point on the western right-of-way of Hidden Lake Road and the TRUE POINT OF BEGINNING; thence continuing along the southern boundary line of Land Lot 1002 North 86?04'03” West 536.81 feet to an iron pin found; thence leaving said Land Lot line North 13?01'46” East 47.26 feet to a point; thence North 13?53'51” East 71.19 feet to a point; thence North 30?57'19” East 45.05 feet to a point; thence North 38?55'11” East 42.55 feet to a point; thence North 30?10'19” East 21.40 feet to a point; thence North 28?56'46” East 47.32 feet to a point; thence North 15?52'20” East 39.14 feet to a point; thence North 01?13'35” West 67.19 feet to a point; thence North 03?22'07” West 72.67 feet to a point; thence North 05?41'49” West 32.65 feet to a point; thence North 05?58'55” East 48.33 feet to a point; thence North 16?02'45” East 87.18 feet to a point; thence North 21?29'13” East 53.58 feet to a point; thence North 28?03'21” East 14.25 feet to a point; thence North 31?19'24” East 92.80 feet to a point; thence North 31?40'00” East 71.80 feet to a point; thence North 21?32'15” East 35.01 feet to a point; thence North 11?08'06” East 77.90 feet to a point; thence North 15?21'54” East 67.70 feet to a point; thence North 16?04'32” East 110.87 feet to a point; thence North 23?10'49” East 54.61 feet to a point; thence North 21?40'14” East 66.51 feet to a point; thence North 26?25'52” East 88.41 feet to a point; thence North 12?08'23” East 98.58 feet to a point on the southern boundary line of Land Lot 943; running thence along said Land Lot line South 86?26'43” East 673.25 feet to a point on the western right-of-way of Hidden Lake Road; thence along said right-of-way the following chord bearings and distances: South 59?44'46” West 70.53 feet; South 49?35'15” West 108.28 feet; South 45?14'19” West 77.80 feet; South 35?44'10” West 77.29 feet; South 24?18'30” West 59.92 feet; South 19?29'20” West 113.58 feet; South 22?18'53” West 53.29 feet; South 29?14'49” West 76.46 feet; South 13?41'21” West 853.06 feet; thence South 17?53'48” West 22.17 feet to the TRUE POINT OF BEGINNING.

PARCEL B:

ALL THAT TRACT OR PARCEL OF LAND lying and being in Land Lots 1002, 1001, 944, 945, 946, and 1016, 11th District, 1st Section, Lumpkin County, Georgia, being 173.689 acres and shown as Parcel “B” on a survey for Hidden Lake Academy, dated August 11, 2006, prepared by Michael Stewart Kelley, Georgia Registered Land Surveyor, and being more particularly described as follows:

BEGINNING at the corner common to Land Lots 1001, 1002, 1015 and 1016; running thence along the southern boundary line of Land Lot 1002 North 86?04'02” West 349.39 feet to a point on the eastern right-of-way of Hidden Lake Road (40' right-of-way); thence along said right-of-way the following chord bearings and distances: North 17?53'46” East 13.69 feet; North 13?41'21” East 857.05 feet; North 29?14'53” East 73.42 feet; North 22?19'00” East 56.66 feet; North 19?29'18” East 112.92 feet; North 24?18'28” East 54.24 feet; North 35?44'03” East 69.94 feet; North 45?14'24” East 72.99 feet; North 49?35'17” East 103.19 feet; North 59?44'39” East 74.92 feet; North 58?16'40” East 100.40 feet; North 50?00'46” East 86.69 feet; North 43?14'11” East 63.46 feet; North 31?50'58” East 74.27 feet; North 32?52'01” East 38.01 feet; North 50?07'43” East 20.31 feet; North 68?03'05” East 5.97 feet; North 72?31'35” East 250.12 feet to a point; thence leaving the eastern right-of-way of Hidden Lake Road North 17?28'28” West 40.00 feet to a point on the western right-of-way of Hidden Lake Road; thence along the western right-of-way of Hidden Lake Road South 72?31'37” West 137.05 feet to a point; thence leaving the western right-of-way of Hidden Lake Road North 21?17'14” East 251.54 feet to a point; thence North 34?34'32” East 198.44 feet to a point; thence South 55?18'02” East 159.88 feet to a point; thence North 58?04'14” East 75.33 feet to a point; thence North 46?48'10” East 59.14 feet to a point; thence North 73?47'55” East 56.12 feet to a point; thence North 62?35'21” East 51.50 feet to a point; thence North 43?56'38” East 62.23 feet to a point; thence North 03?40'13” West 41.27 feet to a point; thence North 11?10'19” West 34.82 feet to a point; thence North 28?36'05” East 80.69 feet to a point; thence North 24?57'02” East 130.51 feet to a point; thence North 09?22'46” East 165.57 feet to a point; thence North 21?31'54” East 121.26 feet to a square pipe; thence South 84?07'17” East 335.01 feet to a point; thence South 84?13'14” East 2476.74 feet to an iron pin found; thence South 03?09'46” West 1293.38 feet to an iron pin found; thence North 87?22'01” West 1339.51 feet to an iron pin found; thence North 86?45'40” West 1299.58 feet to an iron pin found; thence South 03?42'34” West 1318.92 feet to a point; thence North 87?44'20” West 76.73 feet to a point; thence South 38?59'24” West 191.55 feet to a point; thence South 47?39'23” West 332.13 feet to a point; thence South 51?21'25” West 202.58 feet to a point; thence South 25?33'54” West 246.97 feet to a point; thence South 02?31'16” West 558.20 feet to an iron pin found; thence North 86?45'41” West 667.18 feet to an iron pin found; thence North 02?14'28” East 540.70 feet to an iron pin found; thence North 03?38'00” East 756.36 feet to an iron pin found and the POINT OF BEGINNING.

The above-described PARCEL A and PARCEL B are hereinafter referred to as the “Property”.

The Security Deed was given to secure Grantor's guarantee of a Promissory Note dated September 19, 2006, in the original principal amount of SEVEN MILLION TWO HUNDRED THOUSAND AND NO/HUNDREDTHS DOLLARS ($7,200,000.00) (the “Promissory Note”), pursuant to a Guaranty Agreement dated September 19, 2006 (the “Guaranty”), with interest thereon as provided in the Promissory Note and the Guaranty until paid.

On account of defaults in the terms of the Promissory Note, the Guaranty, the Security Deed and other loan documents, including Grantor's failure to pay the indebtedness in full at its accelerated maturity, Grantee, the present holder of the Security Deed, the Promissory Note and the Guaranty, has declared the entire unpaid principal balance of all obligations secured by the Security Deed, including interest to date of sale, to be due and payable immediately.

The debt remaining in default and unpaid, this sale will be for the purpose of satisfying the principal and interest due, amounts, if any, expended by Grantee to protect its interest in the Property, and all expenses of this sale, including, without limitation, attorneys' fees.

The Property will be sold subject to outstanding ad valorem taxes and/or assessments, and superior easements, restrictions and rights-of-way and other superior matters of record, if any. The undersigned will execute a deed to the purchaser at the sale as provided in the Security Deed.

To the best knowledge and belief of Grantee, the equitable title to the Property is vested in Grantor, and the party in possession of the Property is HLA, Inc., pursuant to a Commercial Lease Agreement referenced in Memorandum of Lease recorded in Deed Book X21, Page 118, Lumpkin County, Georgia Records.

Branch Banking and Trust Company, as Attorney-in-Fact for Hidden Lake Academy, Inc.

R. Russell Berry, Esq.

Womble, Carlyle, Sandridge & Rice, PLLC

Attorneys at Law

271 17th Street, N.W.

Suite 2400

Atlanta, Georgia 30363

(404) 888-7468

(5/6, 5/13, 5/20, 5/27)





NOTICE OF SALE UNDER POWER NOTICE OF SALE UNDER POWER
« Last Edit: December 31, 1969, 07:00:00 PM by Guest »

Offline Ursus

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Re: HLA NEW FORECLOSURE NOTICE
« Reply #2 on: May 07, 2009, 01:26:49 PM »
Hmmm... So, it's going on the block in 3 weeks, eh? No way is it going to bring in $7.2 million. They would need to attach everything else Buccellato owns to fulfill that Promissory Note (not that proceeds could even approach covering it). If this goes through, what are the chances that he is even still in the United States come sale date?
« Last Edit: December 31, 1969, 07:00:00 PM by Guest »
-------------- • -------------- • --------------

Offline Anonymous

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Re: HLA NEW FORECLOSURE NOTICE
« Reply #3 on: May 07, 2009, 02:16:40 PM »
He may be here, but his money may not be.  Lots of comings and goings on real estate holdings... so blatant, it is ridiculous. According to the state index, he sold part of the HIdden Lake property  last year to the Nature Conservancy for 500,000.  He is one calculating sob and with Thornton Morris advising him...
Hopefully BB&T holds insurance on the property in case of another 'accidental' fire.
« Last Edit: December 31, 1969, 07:00:00 PM by Guest »

Offline Ursus

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Re: HLA NEW FORECLOSURE NOTICE
« Reply #4 on: May 07, 2009, 03:17:39 PM »
Btw, here is the link to the original article, for those who are interested:

Quote
The Dahlonega Nugget
NOTICE OF POWER OF SALE CONTAINED
Published: Thursday, May 7, 2009 11:31 AM EDT

IN GEORGIA SECURITY DEED AND SECURITY AGREEMENT

STATE OF GEORGIA

COUNTY OF LUMPKIN

<snip snip>
« Last Edit: December 31, 1969, 07:00:00 PM by Guest »
-------------- • -------------- • --------------

Offline Anonymous

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Re: HLA NEW FORECLOSURE NOTICE
« Reply #5 on: May 09, 2009, 12:18:23 PM »
Quote from: "guest 3"
He may be here, but his money may not be.  Lots of comings and goings on real estate holdings... so blatant, it is ridiculous. According to the state index, he sold part of the HIdden Lake property  last year to the Nature Conservancy for 500,000.  He is one calculating sob and with Thornton Morris advising him...
Hopefully BB&T holds insurance on the property in case of another 'accidental' fire.


Asset transfers....
May 23, 2002
GEORGIA ENACTS UNIFORM FRAUDULENT TRANSFER ACT
_______________
On April 4, 2002, Georgia Governor Roy Barnes signed House Bill 84, enacting the
Uniform Fraudulent Transfer Act (the “UFTA”) in Georgia, effective July 1, 2002. With this
enactment, Georgia joins 40 jurisdictions that have adopted the UFTA and repeals a version of
the Statute of 13 Elizabeth, which dates originally to 1818.
Generally, the UFTA protects creditors against a debtor that transfers property or incurs
liabilities or other obligations in two situations: (1) where the debtor makes the transfer or incurs
the liability or obligation with the actual intent to hinder, delay, or defraud its creditors, and (2)
where the debtor, regardless of intent, receives less than reasonably equivalent value for the
transfer, liability or obligation and is insolvent, is inadequately capitalized, or intends to incur
debts that are beyond its ability to pay as they come due.
In addition, the UFTA protects creditors against a debtor that repays debts owed to an
insider when the debtor is insolvent and the insider has reasonable cause to know of the
insolvency.
A successful fraudulent transfer claimant may, among other things, avoid the transfer or
obligation to the extent necessary to satisfy the creditor’s claim. Such a remedy can include the
recovery of any fraudulently transferred property or its value.
The UFTA contains a specific statute of limitations, which prior Georgia law did not. A
creditor generally must bring a fraudulent transfer claim within four years of the transfer.
However, a discovery rule also permits certain fraudulent transfer claims to be asserted beyond
the four-year period if they are brought within one year after the creditor discovers or reasonably
should have discovered the transfer. Claims to avoid or recover a repayment of debt made to an
insider must be brought within one year of the repayment.
Fraudulent transfer issues play important roles in the structuring of many corporate
transactions, including spin-offs, leveraged buyouts, acquisitions, and internal reorganizations.
The enactment of the UFTA in Georgia should provide debtors and creditors with greater
certainty and predictability in analyzing fraudulent transfer issues.
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Offline Anonymous

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Re: HLA NEW FORECLOSURE NOTICE
« Reply #6 on: May 09, 2009, 03:04:12 PM »
I imagine Berger and Montague have taken the time to access the property sales and transfers GSCCA.org, which is very time consuming,time is money, (although a forensic accountant would have saved alot of trouble a couple years back) especially under all the involved names: Leonard Buccellato(variations included) Hidden Lake Academy, Inc.  HLA, Inc., L&K Holdings, Inc. Robert Kenneth Spooner, Thornton Morris, Andrew Buccellato, Drew Buccellato, Quirk and Quirk, Leitia McDonald(representing King and Spalding interests), etc.  and place it on a spread sheet, clearly there is a story, beyond any soap opera imaginable. Just beginning September 2006 up to the present,  I do not think they would have a problem least of all raising questions or possibly proving what was done and why it was done referring to the "Georgia Uniform Fraudulent Transfers Act".

I myself could care less whether the settlement fund is paid or not.  I honestly would rather have Buccellato face  alleged, of-course, charges of purposeful intent to defraud, along with FTC violations, OSHA violations, ICPC violations, human rights violations, failure to report attempted suicides by minors to the DHR (along with other proper authorities)and their cover-up, willful intent for the purpose of fraud by withholding of documents so that parents may get re-imbursed for hospitalization, withholding of school records, scamming the families withholding pre-paid tuition, changing diagnosis of children making them "more appropriate" to enter HLA, the list could go on and on.
 
Then of-course there is the "Chapel Fund"  willful intent to defraud the donors, co-mingling of donor funds instead of securing funds as required, diverting the Chapel Fund monies to pay for his personal lifestyle,paying off young male counselors to avoid sexual harassment suits, taxes,improvements to various houses,sending out letters to families at various times stating that they were breaking ground and had 300,000 to whatever funds raised(when in actuality, it was reported that was done when he needed extra cash) then the MidSummers Eve event( for more cash), then accepting donations to the Chapel Fund from the death of Patrick Kennedy, knowing good and well there was going to be no Chapel.  I was told the funds were bled out by 2005, although Buccellato would probably rather have one think  that the funds were dispersed via Hidden Lake Foundation, Inc. to pay for legal fees in the lawsuit. Not true.  There were never any funds according to sources in Hidden Lake Foundation, Inc. especailly not the Chapel funds   The monies from donors were written to HLA, INC.
not HIdden Lake Foundation, Inc. which was started in 2005. Take a look at the cancelled checks. The funds reportedly were deposited into an HLA, Inc. account at Merrill Lynch in Mongomery Alabama, where Buccellato maintained a long friendship with  Fred Blackmon then VP of Merrill Lynch and that man is a 'winner', too.  See below.


http://http://jonathanturley.org/2007/11/20/fred-blackmon-must-decide-whether-to-appeal-or-pay-daughter-8-million-for-sexual-assault

Regarding The Chapel Fund, and HLA, Inc. (non-profit status),  The IRS has more than enough to launch an investigation, whether the IRS chooses to act remains with them. Afterall, he is no Madoff.   It has been said that if the IRS takes away HLA, Inc. non-profit status, Buccellato would owe millions.  
So if HLA is not sold this June, those that got a mere 60,000 - 70,000  for allegiance, think about it.  It may take 7 years....
If one were to file just a complaint regarding the Chapel Fund, it is a complaint to the IRS - one division.  But there is another division of the IRS, called "Whistle Blowers" and it would not just be Buccellato that would go down.  Each and every one of them that had any knowledge of fund diversion, "non-profit" monies paying the "for-profit" , anything to do with it all, including the  little Herman Esserts of the world, not just the Bill Grays, should think long and hard.
Also, I would imagine the moving of funds intended for one Merrill Lynch account(non-profit) and depositing them into a personal Merrill Lynch account wouldn't sit well either....of-course, these are all scenarios that are just scenarios.  "Four "in-takes" today - score!"
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Offline Anonymous

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Re: HLA NEW FORECLOSURE NOTICE
« Reply #7 on: May 10, 2009, 07:37:07 PM »
What!  ...  OMG    ...

RE: FRED BLACKMON/MERRILL LYNCH

 read this ... http://jonathanturley.org/2007/11/16/fa ... egedly-rap

 Is this true????
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Offline RobertBruce

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Re: HLA NEW FORECLOSURE NOTICE
« Reply #8 on: May 10, 2009, 11:04:26 PM »
I personally couldnt care less about getting the money, I'd much rather see Buchi and the gang have to face the music for their years of abuse of fraud. I wonder now why they're all so quiet?

Where are you Function Junction? Hunter S Thompson? Susie the Bullfrog? Hollowhead? Lee? Crazy Bulldyke who was here a few years ago? Where are you guys? I thought you all swore up and down that HLA was a great place where everything was on the level, and that we could never affect things there. You all swore that it would be us who would be ruined by our drug induced delusions and libelious comments. What happened fellas?

Oh that's right you're all too busy updating your resumes, you no longer have time to debate what is or is not child abuse. Maybe you should have listened to us a while back, believed us when we said things were in motion that would bring all sorts of dirty secrets to light, and there would be little chance of recovery once they did. You should have listened to us then, because as it stands now, its a tough job market out there. Best of luck to you.
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Offline Anonymous

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Re: HLA NEW FORECLOSURE NOTICE
« Reply #9 on: May 11, 2009, 12:03:33 AM »
Quote from: "guest29"
What!  ...  OMG    ...

RE: FRED BLACKMON/MERRILL LYNCH

 read this ... http://jonathanturley.org/2007/11/16/fa ... egedly-rap

 Is this true????

It is a small world, isn't it?
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Offline Ursus

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Re: HLA NEW FORECLOSURE NOTICE
« Reply #10 on: May 11, 2009, 10:48:11 AM »
I feel compelled to say something about the Fred Blackmon case, which - perhaps - I am admittedly not qualified to do. Upon reading it, I couldn't help but come away with the impression that this sounds very much like a case of "false memory syndrome." In fact, when reading the comments on that first link, someone else brought that very possibility up.
 
This is not to say that Blackmon is innocent. But what he may be guilty of is possibly nothing more than an extremely bad relationship with his daughter. Maybe not.
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Offline Anonymous

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Re: HLA NEW FORECLOSURE NOTICE
« Reply #11 on: May 12, 2009, 10:13:09 AM »
Now that the abhorrent narcissist has informed his staff, has he informed the Educational consultants and parents of the children still at HLA?  Or is Buccellato still sending out letters to Educational Consultants(February 2009 court Exhibit) stating how glorious everything is at HLA. Buccellato sent out 'letters' about the Chapel Fund, too or rather had his puppets do it.
It is now time for the Educational Consultants to grow up, stop living in denial and stop this madness.  The lawsuit was 'just'.  If the difficulty lies with looking in the mirror and admitting one made a grave error in judgement, then do it and you will all live through it.  The families that entrusted their child to you, deserve that much.  If you want to roll your dice in IECA'S political arena, do it with your life, not the childrens.
Buccellato is a parasite, a master manipulator.  This is real life and not some movie about Dracula, although Dracula depictions have exhibited charm, too.  The bloodlsucker is real. Deal with it.
« Last Edit: December 31, 1969, 07:00:00 PM by Guest »