Thursday, February 6, 2020

Avoid Big Fines & Jail Time Part 1- Joe Tolbert

The Texas Department of Licensing and Regulation regulates HVAC and electrical contractors. You should verify their license status on the TDLR Website before hiring. General contractors and home builders are not licensed so you should do additional research before hiring one. Joseph Charles "Chuck" Cole, 55, of Maypearl, was placed on deferred adjudication in May 2018 for misapplication of fiduciary property over $200,000, a first degree felony.

chuck cole home builder

TypeContractorAccording to the The City of Keller, TX, the status of this license was at one point cancelled. TypeBuildingAccording to the The City of Colleyville, TX, the status of this license was at one point cancelled. If you are thinking of hiring Cole Luxury Homes, we recommend double-checking their license status with the license board and using our bidding system to get competitive quotes. Recognized as one of Cape Cod’s finest builders, Steven Cole Custom Homes & Remodeling combines meticulous attention to detail, clear communication, and expert craftsmanship with more than 30 years of experience. We understand that every homeowner has unique aspirations, and we treat every project as one of a kind. Through our collaborative approach, we work with our clients to elevate the appearance, comfort, use, and efficiency of their home, and deliver the home they’ve always wanted.

Notable Building Permits filed by Cole Luxury Homes

In the course of the sale, Cole represented to the buyer that the company was making money, with profits of about $125,000 annually for the past three years. However, records from Cole's tax returns indicated that he represented to the Internal Revenue Service that he was losing money every year, with a loss of over $400,000 in the last three years. During the hearing Monday, one witness testified that, last March, Cole sold him his outdoors and hunting business for more than $400,000. However, records from Cole’s tax returns indicated that he represented to the Internal Revenue Service that he was losing money every year, with a loss of more than $400,000 in the last three years. Brian Reiff had an entrepreneurial/entrepreneurial Studies degree from Southern Illinois University, Carbondale.

Our team has built and remodeled hundreds of Colorado homes and commercial buildings valued at well over fifty million dollars. Building and remodeling across the South Metro Denver Area, we strive to get the job done right the first time, on schedule and on budget. “It is builders like Mr. Cole that make things more difficult for the legitimate, upstanding builders across our state. People are rightly skeptical and wary because con artists posing as homebuilders are a real problem. That is really unfortunate because most in the construction business are upstanding folks making people’s dream homes become a reality,” Swain said.

Move In  to Jackson Quality

According to the records, Cole took over a half million dollars of that money and bought a beach home near Destin, Florida, which he then put into a trust for his daughters. He also spent over $125,000 to purchase or pay off several vehicles for himself, his wife, and children, including a Porsche and a BMW. According to the records, Cole took more than a half million dollars of that money and bought a beach home near Destin, Florida, which he then put into a trust for his daughters. He also spent more than $125,000 to purchase or pay off several vehicles for himself, his wife, and children, including a Porshe and a BMW. Alexander submitted payment invoices to the dealership owner for work completed by sub-contractors, but Alexander was not fully paying the sub-contractors.

chuck cole home builder

This degree provided him with the skills and knowledge necessary to start and operate his own business. Reiff has now been working as a business analyst in the manufacturing industry for over 10 years. This experience has equipped Reiff with the skills and knowledge necessary to understand and analyze manufacturing finances and performance. BuildZoom is a database of every licensed contractor in the United States. We work hard to figure out who the great contractors are, and who the bad contractors are.

Chuck Cole

"I haven't seen a sentence like this with a white-collar crime but I also think these are unprecedented facts," Swain said. "We hadn't had a defendant stealing this much money in Parker County that we had a deferred adjudication on, so it was unprecedented in a number of ways." When prosecutors presented their evidence, Judge Craig Towson wasn't happy. Because Cole pleaded guilty to a first-degree felony, he could have been sentenced from five to 99 years. They said Cole used victims' money to buy a house in Florida and even a BMW and a Porsche. A judge delayed sentencing him, placed him on probation and ordered him to pay back his victims.

chuck cole home builder

"He had the money. He had over a million dollars he could have paid back when he was on probation." Through the years, we built a thorough reputation for superior quality and customer service. Now one of North Georgia and Western North Carolina's leading design-build firms, Brown Haven Homes is transitioning from building high-end custom homes... Brian Reiff has been working as an Executive in nearly every field he has touched.

Two other victims from 2002 and 2008 testified that Cole embezzled from them related to construction projects, with amounts totaling more than a million dollars. When considering complaint information, please take into account the company's size and volume of transactions, and understand that the nature of complaints and a firm's responses to them are often more important than the number of complaints. If you are looking for remodeling ideas, you can browse hundreds of beautiful photos of work performed by our general contractors. If you hire a contractor through BuildZoom, that contractor is accountable to us. We can enforce standards of behavior, mediate disputes, and guarantee satisfaction.

chuck cole home builder

After a restitution hearing last August, District Judge Craig Towson, who presided over the case, assessed Cole's restitution at $1,500,358. Joseph Charles “Chuck” Cole, 55, of Maypearl, was placed on deferred adjudication in May 2018 for misapplication of fiduciary property over $200,000, a first-degree felony. After a restitution hearing last August, District Judge Craig Towson, who presided over the case, assessed Cole’s restitution at $1,500,358.

What is Brian Reiff's personal email address?

If the builder misapplies trust funds amounting to $500 or more, it is a Class A Misdemeanor with a potential fine up to $4,000 and up to one year in jail. If the builder misapplies trust funds amounting to more than $500 with the “intent to defraud,” the builder could face a Third-Degree Felony with a potential fine up to $10,000 and jail confinement for no less than 2 years and no more than 10 years. Importantly, monies received that are to pay the builder’s fees are not considered trust funds. As to the money that is considered trust funds, if a builder misuses these funds, the builder can be criminally and personally liable. Instead of paying the restitution, he bought a beach house near Destin, Florida, put some money in a trust for his daughters, and bought and paid off several vehicles including a Porsche and BMW for himself and his family.

chuck cole home builder

Whether you are looking to install new hardwood, laminate, or refinishing your existing floors, we can help with all. Use our remodeling calculator to get a ballpark estimate for your project. If you're ready to hire, use our bidding system to get actual quotes from local contractors. Homeowners whohire through BuildZoom's free bidding system report high rates of satisfaction, and homeowners who research contractors online are twice as likely to be happy at the end of their project.

Customer Complaints

BBB Business Profiles are provided solely to assist you in exercising your own best judgment. BBB asks third parties who publish complaints, reviews and/or responses on this website to affirm that the information provided is accurate. However, BBB does not verify the accuracy of information provided by third parties, and does not guarantee the accuracy of any information in Business Profiles. Although it isn't a regulatory requirement, you can ask your general contractor to provide evidence of workers' compensation and general liability insurance prior to hiring them. Their BuildZoom score of 0 does not rank in the top 50% of Texas contractors.

The information on BuildZoom is made available as a public service and should not be considered advertising. We collect client feedback and verify contractors' permitted history with dozens of local building departments in Texas, which saves you time and helps minimize your risk when hiring. The BuildZoom score is based on a number of factors including the contractor's license status, insurance status, verified work history, standing with local consumer interest groups, verified reviews from other BuildZoom users and self-reported feedback from the contractor. "We gave him deferred adjudication with the hope he would pay the restitution," said Parker County prosecutor Jeff Swain.

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