Anyone looking at doing business with
Phil Walton of
Clarendon Development Holdings, INC Florida, USA
Use extreme caution and run from him.
Save your money many of us have spent good money
on the promises and contracts and they are just a piece of paper (worthless). Phil Walton was having SBLC's issued to Dr. Hilmar R Huy of HRH Business Groupand HRH Invest LTD.
Dr. Huy has been unable to fulfill his part of the deal.
He owes banks and investors fees and is not paying them (as of July 15. He has alienated a chief operating officer of a investment bank see quotesbelow
"For all the abuses of Hilmar F*ing bastard, son a b*h, what thehell are you etc etc, I have no intention of forgiving him and forgetting hisundesired behavior with me."
"Hilmar has no credibility with us now"
"But please see, Hilmar never crosses my path otherwise my positiveattitude will take an immediate turn and then no money can change my mind. Idont spit and then lick it."
This is a very bad deal for all of us involved.
So far we have added up to nearly $100mil USD in SBLC's issued to Hilmar R Huyat the direction of Phil Walton and Jon Keith, also affiliated with ClarendonDevelopment Holdings, INC, and still have not found anyone funded.
We have an SBLC issued in our behalf in the amount of
$12mil USD to Hilmar R Huy at a cost of $690,000.00 USD and our contract is inbreach as of June 15, as Clarendon Development Holdings, INC (PhilWalton) failed to fund as per contract.
When and if he calls, I am always the bad guy and get yelled at.
When I brought up our contract he said "I don't know what kind of damcontract you think you have with me."
We are going forward with any/every avenue available to get our money anddamages from these guys.
I have sent many emails to Dr. Hilmar R Huy, Stefan Kuschel (his FinancialChief Officer), and Phil Walton.
I have only received one reply from Dr. Hilmar R Huy that informed us
"I like to inform you that we will turn over all documents and also yourmails to our Law firm.
You will hear from them.
Dr. Hilmar Huy"
This written by Stefan Kuschel received on July 16.
Anything I post here can be backed up with documentation.
I will be happy to send it to any law enforcement agencies or under subpoena toa court, I will however not send to everyone out here. This is due to the wayPhil Walton has been suspected to pose as a "real person" and attemptto defend his position.
If anyone has any questions feel free to post here
I will check every few days.
Thanks and Good Luck allUPDATE
Mr. Walton has been alleged to be telling people that our funding did not occurdue to our SBLC being rejected...
Jon Keith and Mr. Walton directed us to deposit our funds in the IOLTA accountof Jery Barton...
Jon Keith and Mr. Walton then directed our funds to GFC (the SBLC provider).
At the direction of Jon Keith and Mr. Walton we released funds to GFC for theSBLC.
Jon Keith and Mr. Walton directly controlled to and how the SBLC was issued.
Mr. Walton was in complete control of the SBLC and if it was in fact rejected, why was it rejected when he controlled the issuance???
Mr. Walton found and directed us to GFC for the SBLC
I verified that the SBLC was in fact sent and accepted by Yapi bank.
The SBLC provider was/is a credible provider of good paper, if there was aproblem it was Mr. Walton that created it
The main question is...
If Mr. Walton is/was not responsible then why did he send a letter offeringrefunds???
Anyone looking at doing business with Mr. Phil Walton, Jon Keith, or Clarendonplease contact me I can and will provide the documents and other contactinformation to help you save your hard earned money.
PLEASE us extreme caution with Mr. Walton, he has a silver tongue as many otherscam artists doBelow is the joke of a letter from Mr. Walton
All information I post is/has been obtained from third parties and now that ourfunding contract is in breach there is no confidentiality with Clarendon
Dear Sirs:
"A result of world-wide economic setbacks, Banks and major FinancialInstitutions are no longer operating in a manner or, under rules and, or, guidelines that bear any significant similarity to the manner, rules, andguidelines under which they operated prior to the last four years. Thesecircumstances affected in significant ways, the global financial markets. Consequently, our ability to circumvent these changes was limited despite ofthe efforts of all the parties involved.
Although certain difficulties were clearly anticipated by us during the periodstarting mid to late through early procedural changes wereinstituted in anticipation of such, yet each time a procedural change was putin place to deal with such difficulty, a new difficulty, which could not havebeen reasonably anticipated, arose. These changes have resulted in delays toour structure that is unavoidable, no matter where you are on this planet.
Despite the ever-changing bank financial requirements, we have continued tothis day to work diligently to accomplish our goal of funding the projects thatwe had accepted for funding. However, the delays that we have experienced andare still experiencing have shown us the credibility and mettle of some of ourBorrowers and also the crudeness and deceptions practiced by others.
Mailing: P.O. Box 279276, Miramar, FL 33027 Tel: 954-394-5990 Fax: 954-206-0180Email: [email protected]
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Clarendon Development Holdings, Inc. Is presently reassessing its positionrelative to borrowers with executed Funding Agreement regarding itsundertakings on one part, and the responsibilities of the borrowers on theother part.
Please be reminded, that our structure revolves around many things, butinclusive of membership and board representation in the entity that we fund.inessence, when funding is in place we are in a long term relationship with ourborrowers. This is established within the executed Funding Agreement. Additionally, the following is an integral part of the Agreement:-
DISCLOSURE OF INFORMATION
The FUNDER the ADMINISTRATOR and the BORROWER shall keep confidential anyinformation furnished or made available to them hereunder by the other (otherthan that which is available in the public domain), PROVIDED THAT, suchinformation may be disclosed to their respective professional advisers andcounsel subject to the condition that each of the same keeps confidential anysuch information.
It has come to our attention that at least several of our proposed borrowershave taken action that is in breach of this confidentiality requirement. Specifically, but without limitation, several proposed borrowers have chosennot only to breach the confidentiality requirement, but, apparently out offrustration, have chosen to do so utilizing a most inappropriate forum, thatis, internet forums (or blog) postings. Many scandalous and defamatory postingshave been made in this manner. These postings make many negative inferences aswell as direct negative statements. It is noteworthy, beyond the breach ofconfidentiality occasioned by these postings, and beyond their defamatorynature, the posting are replete with completely false statements and manyhalf-truths.
Certainly, it is difficult to work in an atmosphere of animosity as a result ofthe above. It is no less difficult to do business with people who havemarginalized the relationship with the sort of dishonesty that now prevails insome quarters.
It has always been, and continues to be, our intent to provide our borrowers withsatisfaction. To that end, as there appears to be at least several borrowerswho are completely dissatisfied, we offer payment to these borrowers, uponcompletion and return of the attached General Release Form, of all monies thatsuch borrowers have paid toward obtaining a collateral instrument. Providedhowever, that such monies were paid to an escrow agent or a Bank pursuant toour direction or the direction of our affiliates.
Note that we make this offer notwithstanding the fact that Clarendon and, or, its affiliates have received none of the monies so paid, nor received anybenefit from such payment".
Execution by the borrower of the General Release and receipt thereafter of thesubject funds will allow Clarendon to review the relationship with each suchborrower and each of their respective principals, associates, and affiliates.in addition to providing each
Mailing: P.O. Box 279276, Miramar, FL 33027 Tel: 954-394-5990begin_of_the_skype_highlighting 954-394-5990 end_of_the_skype_highlighting, Fax: 954-206-0180 Email: [email protected]
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Borrower the opportunity to end its relationship with Clarendon in the mannerset forth above, Clarendon has determined that it is in the best interest ofitself and its investors to initiate a complete review of all currently pending (that is, as yet unfunded) projects and the persons involved with thoseprojects.
Accordingly, we would appreciate your timely response to this e-mail and theattachment hereto.
Sincerely
CLARENDON DEVELOPMENT HOLDINGS, INC
Phil Walton
Phil Walton
President The following was sent to us on June 17
Phil makes promises and never follows through
Mitch
Sirs, Your Funding Agreement with Clarendon Development Holdings, Inc, (CDH) remains pending. Unfortunately, we are experiencing some delays which arebeyond our control. We understand that delays can cause problems for allparties involved, including ourselves. Accordingly, we are willing upon yourrequest, to refund the cost incurred by you in procuring the requiredcollateral support for your funding, in the form of a SBLC. Simultaneous withthe refund of your costs, we will terminate the Funding Agreement and both youand CDH will enter into a Mutual General Release. However, in the alternative, if there is a willingness to wait through the next twenty (20) business days, then we expect to fund in accordance with the terms of the Funding Agreement, which will be amended regarding the dates of funding. Please make yourdecision, and return your intention by fax or email within the next three tofive (3/5) business days. Communication should be through email which will geta quicker response. Thanks for affording us the opportunity to be of service toyour company as we look forward to your response. Sincerely CLARENDON DEVELOPMENT HOLDINGS, INC Phil Walton Phil Walton President 12/10, To date we have heard nothing from Phil Walton, Jon Keith, nor Hilmar R Huy. We have not been funded nor received our promised refund. The group we are in has lost almost $750,000.00 USD to these people. We are in contact with other groups that also have lost money with Clarendon and have totaled over $120,000, 000.00 in SBLC's issued to Hilmar R Huy by direction of Phil Walton and Jon Keith. Some of this money went through Bill Watson, a Florida Attorney currently under investigation.
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