Jon Edward Barnum
Complaint 144748 Details

Barnum respresented to us that he could make money "flipping" low cost forclosures and fixers. He showed us 2 properties and described how he would fix them up for re-sale. He incorporated his business and had a web-site. We invested $300,000.00 by taking out a loan against our home. Barnum was to pay $2,000 a month on our loan out of his own funds; he stopped paying Sept 2009. Barnum used our money to purchase a 3,000 sq ft home for his family, bought a new truck, trailer, tools, large screen TV, pool table, new kitchen appliances, new furniture, and paid all his personal bills. He defaulted on a promissory note and refused to return any monies in June 2008. We have a judgment against Barnum and his wife for $359,478.78. Barnum filed bankruptcy June 4th 2010 in an attempted to have our judgment errased. Because he lied and failed to disclose all of his assets, the bankruptcy was denied and our judgment re-instated. Barnum refuses to make any attempts to return our funds; quit his job when served with a wage garnishment. Barnum has used other business names, i.e. Barnum Flooring, The Remodelers, Handyman Services. The Sheriff/DA refuse to prosecute him for fraud and grand theft even though he and his wife admitted in court that the funds were to be used for flipping houses. The justice system has completely failed us and has allowed Barnum to run free to scam more Senior Citizens.