Creditors accuse Freestyle Music Park owners of fraud

Posted Monday, September 20, 2010 1:05 PM | Contributed by Jeff

Several creditors of Freestyle Music Park allege the park's owners are attempting to defraud them of money they are owed through legal posturing in a foreclosure suit, a claim Freestyle's lawyer denies. Five companies filed answers last week to a foreclosure suit brought by FPI US, the mortgage holder, against FPI MB Entertainment, the park's owner, in Horry County court. Four of those suits claim that FPI US and FPI MBE are essentially the same company, involve the same people and structured the mortgage deal to unrightfully deny creditors money they are owed.

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