You wonder why these Dream house did the developers meet in the big house?
While the abandoned Indian Ridge Resort in Branson is an old tradition in Show-Me State, attorney Carrie Jernigan recently resurfaced the story in a TikTok tour released last week.
“It was supposed to be a $ 1.6 billion resort community. It was going to have one of the largest water parks, golf courses, hotels, conference centers and stores in the country,” Jernigan said in a statement. video now viral, passing through the spooky housing estate. .
“But instead, it turned into a ghost town when the 2008 housing crisis hit. Five people had ended up in federal prison. And 13 years later, the houses remained here.”
A real estate fraud scheme was implemented in 2006, when developers at Western Site Services lied to get loans for an opulent project called Indian Ridge Resort Community, KY3 reported at the time. The 900-acre project with a price tag of $ 1.6 billion promised residential townhouses and condos, a 390-room resort hotel with America’s second-largest indoor water park, golf course, a marina and more. a Native American history museum.
However, the project fell apart when the government discovered the suspicious activity and the developers were ultimately sent to jail.
“A few of them were charged and convicted of conspiracy to commit bank fraud and conspiracy to commit money laundering. Basically, they were lying about bank demands at several banks to get money. HUGE sums and then when they got the money they weren’t even spending it on Indian Ridge Resort, ”the attorney explained in a follow-up clip. “They were spending it on old loans they were defaulting on and some of their personal businesses. A few of their wives even gave up because they lied about bills and were complicit in the whole thing. . “
The companies that led the project – Indian Ridge Resort, Inc. and North Shore Investments, LLC – were also fined hundreds of thousands of dollars for failing to prevent stormwater runoff from the construction from projecting. silt in Table Rock Lake, according to EPA.
Now, Jernigan’s original tour has since been viewed over 14.5 million times online, and users had a lot to say about the spooky community that has since been abandoned.
“If I have to spend a fortune on a mansion, it won’t be 5 feet from the next one,” one joked.
“So what you’re telling me is they’re up for free,” teased another.
“You know raccoons get it right!” said one.