Treatment Abuse, Behavior Modification, Thought Reform > The Ridge Creek School / Hidden Lake Academy
HLA NEW FORECLOSURE NOTICE
Anonymous:
--- 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.
--- End quote ---
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.
Anonymous:
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!"
Anonymous:
What! ... OMG ...
RE: FRED BLACKMON/MERRILL LYNCH
read this ... http://jonathanturley.org/2007/11/16/fa ... egedly-rap
Is this true????
RobertBruce:
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.
Anonymous:
--- Quote from: "guest29" ---What! ... OMG ...
RE: FRED BLACKMON/MERRILL LYNCH
read this ... http://jonathanturley.org/2007/11/16/fa ... egedly-rap
Is this true????
--- End quote ---
It is a small world, isn't it?
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