Monday, June 28, 2010

Timeshare Liquidators Owner, Being Prosecuted

The infamous, "Run Away Rocky", AKA, James Pridgen has been prosecuted and has a sentencing date on July 1st, at 9:30am. Rocky had to close Timeshare offices all over the country and finally ending up in Weaverville, North Carolina, came the downfall of his last business, Timeshare Liquidators, LLC. His office was ran from the basement of his upscale home. Before this business would fold, Rocky would add my son, Jacob Denson, as being owner, along with Rocky's wife, Cindy...what Jacob wasn't aware of at the time, that Cindy's name would be removed from ownership just three months after acquiring business. Thus leaving Jacob as owner of TSL, LLC. Jacob's name as ownership was the only direct connection with Jacob and Timeshare, Liq. However, Jacob's identity was basically taken so that Rocky could run the business, endlessly purchase big ticket items, even his wife a new set of wedding rings. Jacob's credit was being used to purchase these items. One day, I received a statement from the IRS that had been sent to my house. It had Jacob's name listed. I called Jacob and he told me to open the envelope. I did and was not prepared to hear that Jacob owed the IRS over $60,000. At this time Jacob explained to me of the arrangement with Rocky using Jacob's name. Jacob then went to speak with Rocky and his wife, Cindy Pridgen. Jacob was informed that they were making payments on the bill. Jacob later finds out that no payments had been made on the monies owed to IRS. Jacob then began to make arrangements to close the office. On the same weekend, Jacob closed the office and obtained an attorney to protect his name and to disclose what Jacob had recently discovered with Timeshare Liquidators, LLC. Clients were not being paid...there was approximately 50 file folders setting on Rocky's desk that had not been touched to dispense monies to the clients. Jacob told Rocky about the files, and Rocky told Jacob that he would run his business the way he wanted and it was none of Jacob's F------business! After this happened, Rocky was arrested for obtaining money by false pretense and obtaining property. Jacob was arrested for the same crimes. Detective Don Guge from the Woodfin Police Dept has been working on these cases...Don Guge is desperate to make it big, little cop! The Fed's dropped this case on my son because they could find no reason to file charges on him. How can the state pick up a case after it has been closed by the Fed's? Don Guge has made this a personal issue with my son, Jacob Denson. I plan on setting him straight before this is over.