Adam J. Hathcock was a would-be real estate developer operating out of Las Vegas, Nevada. His modus operandi was to buy land, get a jacked-up appraisal from an appraiser that was in his pocket, and then get a hard money loan through a Las Vegas mortgage company. His deals went bad and he skipped town, leaving the investors in the loans holding the bag. Hathcock is believed to have been a CPA at one time.
He will resurface again at some point in time. Be careful in dealing with him.
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