Chapter 17 - CONRAD’S MONEY
The financial investigation separated from the domestic case.
Red Pine became central.
Conrad said:
The company performed strategic consulting.
Some evidence supported real work.
Not $8.6 million worth, according to experts.
Related-party ownership was not properly disclosed to lenders.
Several invoices duplicated services already billed by Summit Hartman Development.
Nolan’s entities also had issues.
Nolan cooperated before charges.
He admitted weak disclosures.
Denied knowing Red Pine was Conrad’s.
Emails partly supported him.
Conrad faced federal scrutiny for:
Wire fraud.
False lender statements.
Investment-adviser-like fiduciary misconduct? Better: bank fraud and conspiracy tied to the refinancing, plus tax issues.
Not because of my marriage alone.
The failed waiver triggered review.
The evidence created case.
Hartman Ridge established special committee.
Independent valuation.
May you like
Related-party clawbacks.
No collapse.
