Saturday's Internet Edition, May 10, 2008.
Investigators Say He Failed To Pay Lien After Sale
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Tom Nesbitt faces one charge of obtaining property by false pretense after being indicted by the Davie Grand Jury on Monday.
Nesbitt and his wife Nancy, through their company 4th Street Property Management, sold Michael and Julie Parker of Parker & Parker Attorneys, space in a building Nesbitt had bought in downtown Mocksville.
Mocksville Police Lt. Detective Ken Hunter said that the Parkers paid Nesbitt $130,000 for the building, but that Nesbitt apparently didn’t use the money to pay off a lien on the property. The two firms still operate side by side.
The Parkers now face foreclosure proceedings.
Nesbitt’s charge is a Class C felony. He is scheduled to appear in Davie District Court on March 31 for a first-appearance hearing ... subscribe to the Davie County Enterprise Record, P.O. Box 99, Mocksville, N.C. 27028.