But in a pinch, Kelly G Rogers took a meat cleaver to the people he owned by filing bankruptcy. As the wolves began surrounding his life and asking difficult questions like; "where's my money", Rogers took the predictable and consistent way out. Yes, screw the other guy.
But now, having lost his home to foreclose at 8 Riva Ridge, Rogers was in a bit of a pickle; how to keep the appropriate level of status (worthy of a Oil and Gas Tycoon/Attorney) while skirting around the fact that his home was recently foreclosed upon?
Equable investments. His partner is Steve Perruzza.
Apparently Mr. Shipp has done OK for himself as he owns this home at 18 Stonebriar Way in Frisco TX.
It appears the home was purchased on 12/27/2005 at the very apex of the housing bubble.
If the S&P/Case-Schiller/U.S. Index showed a drop in home values by 33% since August of 2006 (the peak), then we can conclude the initial list price in of $2,574,900 would reflect an approximate purchase price from 2005.
Over the next 24 months, Mr. Shipp continued to lower his list price down to $1,978,999 before it was removed from the MLS in July of 2012. It's obvious it was not going to sell at that price.
Considering Rogers has solicited funds from a variety of individuals who lived in this Frisco neighborhood AND since George Shipp is the President of an investment company, what's the chance that a professional relationship exists between the two?
Think about it; have you ever know Kelly G Rogers NOT TO SOLICIT someone in his neighborhood with money? And is it a total coincidence that Rogers is renting Mr. Shipp's home or is it a result of a existing relationship?
I'm just asking the question.