All Forum Posts by: Beth Hale

Actually, yesterday there appeared a thread on BP that can be easily found by doing the following search on BP  "Scott Carson Do not invest"  I hope I'm not too late.

Let us not forget, that the 15 lawsuits I highlighted in my previous post represent ONLY those people who had the resources, and presence of mind (and in some cases, the courage) to file a lawsuit against him.  For every one who did, there might be 3 (or five?) who didn't!  Maybe more.  So what is the final casualty count?  45?  75?  I don't know.  I do know lot of people contacted me, because of my original post on Scott Carson's basecamp site.  I was surprised at how many were my colleagues in the note business.

I think it's a natural thing to trust somebody who presents himself as a "guru" more than you would somebody else.  You think he's in the public eye, and can't afford to screw people.  

Up until now, we have been a segregated group of people, but thank's to Gerry's post, and Al's willingness to put up a website (coming soon), I hope to see that change going forward.  Thank you Gerry and Al

I enjoy the Note business, and what SCOTT CARSON is doing, through WE CLOSE NOTES and INVERSE ASSETS is hurting all of us!

I was one of the lucky ones! I invested some of my money along with two partners into INVERSE ASSET FUND. It was six figures in total. I realized things had gone awry when 9 months had gone by, and he still hadn't cancelled the Land Contracts on the non performers we invested in. Being a note investor myself, I thought this indicated he wasn't managing the assets. When I exercised my rights under the JV agreement to cancel, have my principle returned, along with interest owed me, it started out with radio silence, then turned to downright lies. I suspected a Ponzi scheme, and told an associate of SCOTT CARSON's I was considering alerting the SEC.

I got my money back, but the almost dozen people who wrote me did NOT!  At least not as of this writing.

A public records search, searching for SCOTT CARSON or INVERSE ASSET in several counties throughout Texas,  and one in Florida gleaned the following case numbers and venues, for whatever it's worth.

PM me and I'll send you the initial complaints, but they are available to ANYBODY, as they are public record.  It's a sad thing when somebody so public in the note business does this to so many people.