Sunday, April 15, 2012

The news trickles in. Here's a summary of the knoxnews.com report. 

IRS agents in South Carolina seized a corporate jet airplane linked to Charles D. "C.D." Candler, who committed suicide amid a federal probe into allegations of a multistate mortgage and investment fraud scheme.

The airplane is registered to a fictitious firm with a Knoxville address linked to Candler. It was seized in Greenville, S.C., where at least one of Candler's firms had an office.  Candler bought the used plane in 2009 and ONE of his firms now under investigation, Benchmark Capital Investments LLC, is the listed owner. 
The airplane's registration number N70HL is currently assigned to "J. Allen Inc.," with the same Merchants Center Boulevard address as Candler's Knoxville office. Tennessee Department of State records show the only firm by that name was at a different address and dissolved in 1994.  The Blount County (TN) accounting firm J. Allen and Associates is part of the federal probe. Owner Joyce Allen was unaware that Candler had placed the jet in a name so similar to her own legitimate company, her lawyer said Friday.
"Joyce Allen did know that Candler had a plane, and we believe that he has placed that airplane in the name of 'J Allen Inc.,' " said lawyer Ralph Harwell. "However, Candler did not ask her (if he could), or even tell her that he was going to register the plane in that name. She has never done business under the name 'J Allen Inc.'"

On March 1, Candler, 67, drove his silver 2007 Mercedes-Benz into the Greenwood Cemetery and shot himself to death. The Knoxville Police Department final report states that Candler purchased a funeral plan exactly one month earlier.  "Lying on the console/middle arm rest of the car was a note and funeral plans for Mr. Candler," the report by Investigator Michael Booker states. "The notes gave his name, his wishes after his body was discovered, and a suicide note addressed to Candler's wife."  A laptop computer, memory discs and various documents in the car, were turned over to an investigator with the U.S. Postal Inspection Service, and the IRS has taken possession of the Mercedes-Benz.

knoxnews.com

aero-news.net

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