Tag Archives: National Bank of Arizona

We were Victims of Con Artists

This is essentially what happened to us. Although I was against joining the HOA at first, I found out it wasn’t illegal at the time to force us into an HOA, it is against the law now. Eventually we all … Continue reading

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Why would National Bank of Arizona lend these guys $35-million?!

Here’s the 2nd Amended Complaint by Derry Dean Sparlin, Sr., they dropped the Barnitt’s, who were victims too. (Morris Family Trust lost $1-million too.) Added Hadrianus Terra, LLC, which is also a defendant in my lawsuit another mutual defendant is … Continue reading

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274 unimproved lots near Sycamore Vista sell for $6200/lot

23 May 2013 — Petrus Partners of New York (Frank Walter, President), doing business in Tucson under the name of Crown West Realty, (Dean Wingert, VP) acquired 155 acres under an affiliate, Santa Rita Ranch III, LLC, for $1.7 million. … Continue reading

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Prior majority lot owners’ plans failed, leading to more than $32-million debt

From the Sparlin Complaint, page 28-29: i. Figueroa’s representation in October 2003 that Western Recovery Services (WRS) could get by with $6 million in capital depended on two key assumptions: first, that it would focus “exclusively” on a project in … Continue reading

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New Tucson Unit 5 Budget, 31 Dec 2008

It boggles my mind looking at these budgets from after the prior majority lot owners went bankrupt and caused National Bank of Arizona to lose $35-million, the biggest loss in their history. The prior majority owners never paid any dues. … Continue reading

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