james arndts, troy, oh
Complaint 305483 Details

James Arndts of Troy Oh talked my dad into investing $160,000 in South Mountain resort in North Carolina. He said he would get a return of 7%. My dad fell for this and invested. He got a couple checks that were sent to James Arndts address at 860 Lincolnshire Dr. Troy, OH and then Mr. Arndts would write a check to my dad. Then all of a sudden no more checks came and the guy who was building this resort filed bankruptcy. Therefore, my dad lost $160,000. As far as I know James Arndts is still up there in Troy, OH ripping people off. We went to an attorney, but they said because my dad passed away in Feb. 2000 that nothing could be done. My mom was left with nothing. I ended up taking care of her for 6 years and bearing all the expense. This slime bag came to my dad's door and befriended him, and this went on for a couple years. He claimed to have an insurance license with Prudential. My dad was in is late 70s and trusted this guy. The attorney said there were lots of other senior citizens got ripped off by him. What I can't figure out is why he is not in jail.