Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Mike Layne

Mike Layne has started 1 posts and replied 8 times.

Thx. Bob Malecki. If some one is from another state, than Tx. It would be good to start there. Their state will start an investigation and will then contact Tx. the more involved, the merrier. I don't think we should leave out the FBI for "wire fraud" or the IRS For possible tax evasions. On one of the assets we JV on, I have found out that he has sold at least one of them. And has not payed off yet. I believe that If someone like that claims that as income and does pay taxes, that would show fraud. And if they don't claim it as income, and don't pay taxes. ????? Either way, not good! ???. Mike

To all those wanting an interview from Scott. The proof is in the pudding. He’s been interviewed in the courts from the suits filed against him. He was a no-show on some. Which means he didn’t go, or send representation and he had no defense. 
People have contacted the Better Business Bureau,  They send correspondence to him, and give him a chance to respond or clear things up. Looks as though some have been cleared, some have not, and no response to some.  But the Better Business Bureau still has him rated an “F”.   
The SEC is investigating!!    Read Ryan Snelson’s excellent post.
My suggestion, to all that have been burnt. Please help by contacting, your Attorney General.  Your State securities exchange commission. The SEC.  The IRS.  The FBI.    My understanding is once these agencies receive a complaint, and start an investigation, they will all work together.    
The SEC. for non recorded securities. 

Texas Attorney General.    Ken Paxton,

BBB  
Had to remove tel. No. and addresses.
Please help any way possible to help other potential victims, from getting burnt, and to help shut this scam  down.   Thx.  Mike

Post: Scott Carson - NoteCamp

Mike LaynePosted
  • Posts 8
  • Votes 2

Anyone thinking of doing business with Scott Carson, should check out the Better Business Bureau. We Close Notes, Inverse Asset Fund.  I can tell you it is an “F” rating. Be EXTREAMLY careful of anything Scott is associated with. STAY AWAY from him, any  business that he is associated with. Read post above,  from Joy Obie, and other post on “bigger pockets”.  

I JV'd with Scott Carson. I've also had the same excuses as other people have listed. Lost help, busy, will get it to you,I have a wire coming your way. And Nothing. I have found out he collected on asset. And has also sold assets. And will not pay up. Working thru.

If you check on the BBB page. You will see his rating on We Close Notes, and Inverse is an “F”.                                      

Quest Trust, I understand will not have him as a “Guest Speaker” or deal with him  any more.                 

Checking with BBB,              Ok. Attorney Gen.,              Tx. Attorney Gen.                Ok. Sec. Comm.,                SEC.                                    and FBI.                                        And any other I can find to fill a complaint with.   

Beware!!!! Of doing any business with Scott Carson, and all his inities. 

Tyler S, Ask Scott Carson what happened between him and. " Quest Trust " He use to attend Quest Expos, and be a guest speaker. Both supported each other. NOT NOW!! Some of the suits against him listed publicly are from IRA's. Everyone please check it out, and help spread the word.

Check out the Better Business Bureau, on We Close Notes.                          It is an “F” Rating.                             The LOWEST possible.        

About the same as others you read about. JV'd w/Scott. On two projects. He set a portal up. After the first posting there was never anything else posted. When I talked to him, he had all kinds of excuses as to why he couldn't get it on there. A year went by, nothing had happened. Requested money and interest back at the time. More excuses. He said he was trying to get money together to pay off. Told me once he had a wire of money coming my way. Never happened!! I've contacted an attorney and, other agencies nothing. They have gotten no response from him, just as I have. The money is still owed and he no response to anything. I keep trying. I keep finding places to post things but nothing ever happens. I have filed and also posted on the Better Business Bureau page. No response from either. I see on the Better Business Bureau page with mine and others he has enough to bring him down to an F rating. I've also found out that he has sold one of the properties for more than what was originally paid, and has still not paid off. Also during the first year he collected some on assets, and has never split. He is a FRAUD!!!!!

                WARING!!!!!                       Before  doing business with Scott Carson,  or anything he is associated with,  you should check the Better Business Bureau. Under We Close Notes, and bigger pockets. Check him out to see what he is, and how he treats people, before any association.