Anyone looking at doing business with
Phil Walton of
Clarendon Development Holdings, INC Florida, USA
Use extreme caution and run from him.
Save your money many of us have spent good money
on the promises and contracts and they are just a piece of paper (worthless).
Phil Walton was having SBLC's issued to Dr. Hilmar R Huy of HRH Business Group
and HRH Invest LTD.
Dr. Huy has been unable to fulfill his part of the deal.
He owes banks and investors fees and is not paying them (as of July 15, 2010.
He has alienated a chief operating officer of a investment bank see quotes
below
"For all the abuses of Hilmar – “Fucking bastard, son a bitch, what the
hell are you etc etc”, I have no intention of forgiving him and forgetting his
undesired behavior with me."
"Hilmar has no credibility with us now"
"But please see, Hilmar never crosses my path otherwise my positive
attitude will take an immediate turn and then no money can change my mind. I
don’t spit and then lick it."
This is a very bad deal for all of us involved.
So far we have added up to nearly $100mil USD in SBLC's issued to Hilmar R Huy
at the direction of Phil Walton and Jon Keith, also affiliated with Clarendon
Development Holdings, INC, and still have not found anyone funded.
We have an SBLC issued in our behalf in the amount of
$12mil USD to Hilmar R Huy at a cost of $690, 000.00 USD and our contract is in
breach as of June 15, 2010, as Clarendon Development Holdings, INC (Phil
Walton) failed to fund as per contract.
When and if he calls, I am always the bad guy and get yelled at.
When I brought up our contract he said "I don't know what kind of dam
contract you think you have with me."
We are going forward with any/every avenue available to get our money and
damages from these guys.
I have sent many emails to Dr. Hilmar R Huy, Stefan Kuschel (his Financial
Chief Officer), and Phil Walton.
I have only received one reply from Dr. Hilmar R Huy that informed us
"I like to inform you that we will turn over all documents and also your
mails to our Law firm.
You will hear from them.
Dr. Hilmar Huy"
This written by Stefan Kuschel received on July 16, 2010.
Anything I post here can be backed up with documentation.
I will be happy to send it to any law enforcement agencies or under subpoena to
a court, I will however not send to everyone out here. This is due to the way
Phil Walton has been suspected to pose as a "real person" and attempt
to defend his position.
If anyone has any questions feel free to post here
I will check every few days.
Thanks and Good Luck all
UPDATE
Mr. Walton has been alleged to be telling people that our funding did not occur
due to our SBLC being rejected...
Jon Keith and Mr. Walton directed us to deposit our funds in the IOLTA account
of Jery Barton...
Jon Keith and Mr. Walton then directed our funds to GFC (the SBLC provider).
At the direction of Jon Keith and Mr. Walton we released funds to GFC for the
SBLC.
Jon Keith and Mr. Walton directly controlled to and how the SBLC was issued.
Mr. Walton was in complete control of the SBLC and if it was in fact rejected,
why was it rejected when he controlled the issuance????
Mr. Walton found and directed us to GFC for the SBLC
I verified that the SBLC was in fact sent and accepted by Yapi bank.
The SBLC provider was/is a credible provider of good paper, if there was a
problem it was Mr. Walton that created it
The main question is...
If Mr. Walton is/was not responsible then why did he send a letter offering
refunds????
Anyone looking at doing business with Mr. Phil Walton, Jon Keith, or Clarendon
please contact me I can and will provide the documents and other contact
information to help you save your hard earned money.
PLEASE us extreme caution with Mr. Walton, he has a silver tongue as many other
scam artists do
Below is the joke of a letter from Mr. Walton
All information I post is/has been obtained from third parties and now that our
funding contract is in breach there is no confidentiality with Clarendon
Dear Sirs:
"A result of world-wide economic setbacks, Banks and major Financial
Institutions are no longer operating in a manner or, under rules and, or,
guidelines that bear any significant similarity to the manner, rules, and
guidelines under which they operated prior to the last four years. These
circumstances affected in significant ways, the global financial markets.
Consequently, our ability to circumvent these changes was limited despite of
the efforts of all the parties involved.
Although certain difficulties were clearly anticipated by us during the period
starting mid to late 2009, through early 2010, procedural changes were
instituted in anticipation of such, yet each time a procedural change was put
in place to deal with such difficulty, a new difficulty, which could not have
been reasonably anticipated, arose. These changes have resulted in delays to
our structure that is unavoidable, no matter where you are on this planet.
Despite the ever-changing bank financial requirements, we have continued to
this day to work diligently to accomplish our goal of funding the projects that
we had accepted for funding. However, the delays that we have experienced and
are still experiencing have shown us the credibility and mettle of some of our
Borrowers and also the crudeness and deceptions practiced by others.
Mailing: P. O. Box 279276, Miramar, FL 33027 Tel: 954-394-5990 Fax: 954-206-0180
Email:philcapitol@yahoo.com
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Clarendon Development Holdings, Inc. is presently reassessing its position
relative to borrowers with executed Funding Agreement regarding its
undertakings on one part, and the responsibilities of the borrowers on the
other part.
Please be reminded, that our structure revolves around many things, but
inclusive of membership and board representation in the entity that we fund. In
essence, when funding is in place we are in a long term relationship with our
borrowers. This is established within the executed Funding Agreement.
Additionally, the following is an integral part of the Agreement:-
DISCLOSURE OF INFORMATION
The FUNDER the ADMINISTRATOR and the BORROWER shall keep confidential any
information furnished or made available to them hereunder by the other (other
than that which is available in the public domain), PROVIDED THAT, such
information may be disclosed to their respective professional advisers and
counsel subject to the condition that each of the same keeps confidential any
such information.
It has come to our attention that at least several of our proposed borrowers
have taken action that is in breach of this confidentiality requirement.
Specifically, but without limitation, several proposed borrowers have chosen
not only to breach the confidentiality requirement, but, apparently out of
frustration, have chosen to do so utilizing a most inappropriate forum, that
is, internet forums (or blog) postings. Many scandalous and defamatory postings
have been made in this manner. These postings make many negative inferences as
well as direct negative statements. It is noteworthy, beyond the breach of
confidentiality occasioned by these postings, and beyond their defamatory
nature, the posting are replete with completely false statements and many
half-truths.
Certainly, it is difficult to work in an atmosphere of animosity as a result of
the above. It is no less difficult to do business with people who have
marginalized the relationship with the sort of dishonesty that now prevails in
some quarters.
It has always been, and continues to be, our intent to provide our borrowers with
satisfaction. To that end, as there appears to be at least several borrowers
who are completely dissatisfied, we offer payment to these borrowers, upon
completion and return of the attached General Release Form, of all monies that
such borrowers have paid toward obtaining a collateral instrument. Provided
however, that such monies were paid to an escrow agent or a Bank pursuant to
our direction or the direction of our affiliates.
Note that we make this offer notwithstanding the fact that Clarendon and, or,
its affiliates have received none of the monies so paid, nor received any
benefit from such payment".
Execution by the borrower of the General Release and receipt thereafter of the
subject funds will allow Clarendon to review the relationship with each such
borrower and each of their respective principals, associates, and affiliates.
In addition to providing each
Mailing: P. O. Box 279276, Miramar, FL 33027 Tel: 954-394-5990
begin_of_the_skype_highlighting 954-394-5990 end_of_the_skype_highlighting,
Fax: 954-206-0180 Email:philcapitol@yahoo.com
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borrower the opportunity to end its relationship with Clarendon in the manner
set forth above, Clarendon has determined that it is in the best interest of
itself and its investors to initiate a complete review of all currently pending
(that is, as yet unfunded) projects and the persons involved with those
projects.
Accordingly, we would appreciate your timely response to this e-mail and the
attachment hereto.
Sincerely
CLARENDON DEVELOPMENT HOLDINGS, INC
Phil Walton
Phil Walton
President
The following was sent to us on June 17, 2010
Phil makes promises and never follows through
Mitch
Sirs, Your Funding Agreement with Clarendon Development Holdings, Inc, (CDH)
remains pending. Unfortunately, we are experiencing some delays which are
beyond our control. We understand that delays can cause problems for all
parties involved, including ourselves. Accordingly, we are willing upon your
request, to refund the cost incurred by you in procuring the required
collateral support for your funding, in the form of a SBLC. Simultaneous with
the refund of your costs, we will terminate the Funding Agreement and both you
and CDH will enter into a Mutual General Release. However, in the alternative,
if there is a willingness to wait through the next twenty (20) business days,
then we expect to fund in accordance with the terms of the Funding Agreement,
which will be amended regarding the dates of funding. Please make your
decision, and return your intention by fax or email within the next three to
five (3/5) business days. Communication should be through email which will get
a quicker response. Thanks for affording us the opportunity to be of service to
your company as we look forward to your response.
Sincerely
CLARENDON DEVELOPMENT HOLDINGS, INC
Phil Walton Phil Walton President
12/10/2010, To date we have heard nothing from Phil Walton,
Jon Keith, nor Hilmar R Huy.
We have not been funded nor received our promised refund.
The group we are in has lost almost $750,000.00 USD to these people.
We are in contact with other groups that also have lost money with Clarendon and have totaled over $120,000,000.00 in SBLC's issued to Hilmar R Huy by direction of Phil Walton and Jon Keith. Some of this money went through Bill Watson, a Florida Attorney currently under investigation.
