All Forum Posts by: James Miller

most of 2024 dutch discussed a big loan on all his farms it was based on equity.  If I remember he said 30 million dollars to pay back people that seemed to jsut disappered and now he is saying they doing a big real estate sale that will clear about same amount.  does anyone beleive this guy?  At event they had in Tampa in january he briefed selling a big bundle of houses to start paying back...his farms are for sale now or forecloser on them.

the event i went to in tampa last year at a resort had security but I think the other Mendenhall brother that no longer works there oversaw it they seemed professional and were ex military type guys..two k9 dogs were there.  but that was when Tucker Carlson and others were there

i heard thru others that both Dutch and Amy have body gaurds and they roughed up a investor over the weekend of the event they did in Tampa.  They are out of control.

This is last day or so on AMy Vaughn facebook I found...anyone know the guy with her, is he in the business ?  he in lots of her pictures

Building an empire together!

Quote from @Tom Nagy:

She is 100% still involved.  I’m guessing she changed titles to dodge the SEC but I have no actual proof of that.  Complete Ponzi scheme either way and that I do have  proof of that as do hundreds of others 

 i agree but everyone only discussing the mendenhall brothers and I think she controls the money for they stuff tht most are affected by ..i saw the Mendenhall that no longer works at the company had his cel l number removed after I posted it in the other page

Quote from @Chris Seveney:

Quote from @James Miller:

Quote from @Chris Seveney:

Quote from @Stuart Udis:

@Ryan Blake These investments can be secured, or at least better secured if papered correctly. I believe a large number of RAD investors didn't have a clear understanding of what their investment entailed.  I've lost count of the number of RAD investors who posted in the BiggerPockets forums about their "hard money loans" and then having their distributions "frozen". It appears these investors merely provided unsecured loans to RAD who in turn purportedly made loans, although its unclear if that ever happened. Nevertheless, if the RAD investors  actually had loans  collateralized against property they would be in a much better position. I came across one of these loan agreements online somewhere a few months ago, can't recall where I found it but it was clear in reading the loan agreement there was no language referencing the loan actually encumbering real property, it was just an unsecured loan. 

 I chuckled watching this:

www.instagram.com/raddcompanies/reel/C0MpPY_M3Z-/

 @Chris Seveney  we see lots posts about the mendenhall family and since dutch is ceo and his brother left company etc.  I don't see mcuh on this business partner.  although Dutch is CEO, it is frequently mentioned by him and Amy Vaughn about co-owners and business partnership.  I am curious if anyone on here knows her role in all of this?  I think she is equally responsible if she is 50 / 50 ownership per the offering and through thier own discussions on podcasts, social etc.  she looks horrific.  Her official Facebook seems to have disappeared

 based on SEC documents here is what is available:

Resignation of CFO, Amy Vaughn

On April 9, 2020, the Company received a formal resignation from its CFO, Amy Vaughn. Amy Vaughn will no longer serve as the chief financial officer ("CFO") for RAD Diversified REIT, Inc. Since an informal notice received on February 27, 2020, Brandon Mendenhall has been serving as interim CFO. A replacement has not yet been identified. Amy Vaughn continues to serve on the Company's Board of Directors.

In 5/21/2021: 

Director - Amy Vaughn

Amy Vaughn Serves as a Director.

Ms. Vaughn is 40 years old, has a Bachelor of Arts in Marketing and Business Management from Temple University in Philadelphia, and resides in the City of Tampa, FL.

Ms. Vaughn’s term of office as Director is 5 years, and she has held that position for 2 years.

There are no formal or informal arrangements or understandings by which Ms. Vaughn is to be selected as a director or nominee of Company.

One document noted she owned 22% of rad managment. 

All this information is available on SEC EDGAR site

thanks..i know from other investors that did the joint venture and inner cirble stuff that she runs the money etc and controls who gts paid.  the company is Tax Auction Investors and seminar solutions...i think from my research on videos etc that was or is thecompany they started as thier education company

Quote from @Chris Seveney:

Quote from @Stuart Udis:

@Ryan Blake These investments can be secured, or at least better secured if papered correctly. I believe a large number of RAD investors didn't have a clear understanding of what their investment entailed.  I've lost count of the number of RAD investors who posted in the BiggerPockets forums about their "hard money loans" and then having their distributions "frozen". It appears these investors merely provided unsecured loans to RAD who in turn purportedly made loans, although its unclear if that ever happened. Nevertheless, if the RAD investors  actually had loans  collateralized against property they would be in a much better position. I came across one of these loan agreements online somewhere a few months ago, can't recall where I found it but it was clear in reading the loan agreement there was no language referencing the loan actually encumbering real property, it was just an unsecured loan. 

 I chuckled watching this:

www.instagram.com/raddcompanies/reel/C0MpPY_M3Z-/

 @Chris Seveney  we see lots posts about the mendenhall family and since dutch is ceo and his brother left company etc.  I don't see mcuh on this business partner.  although Dutch is CEO, it is frequently mentioned by him and Amy Vaughn about co-owners and business partnership.  I am curious if anyone on here knows her role in all of this?  I think she is equally responsible if she is 50 / 50 ownership per the offering and through thier own discussions on podcasts, social etc.  she looks horrific.  Her official Facebook seems to have disappeared

Quote from @Melanie P.:

Quote from @James Miller:

does any one know the brother of the owner?  i called a number I found on line and it was his personal number he said and he not working for Rad.  Im sure he has plenty of money now and no longer need to work..he should be in prison

 Please PM me the number you dialed and which brother, if you know the name. If you don't that's fine too. Would like to see if he satisified his outstanding promissory notes. You are correct that they are headed for serious trouble. 

he number i called..cant remember his name but if you see other posts on here he has posted (number redacted) Brent?  said he no longer works there and not to otn to call him when i did..

Quote from @Stuart Udis:

He can't appropriately care for investors hard earned money but he's is out there teaching others how to raise capital....seems logical. 

calling the office number gets me no where , no one answers of returns my calls from leaving voice mail