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Investors in Neu Community believe they’ve been duped by Ponzi scheme | FOX 7 Austin
SUMMARY: Investors in Lake Travis LLC, managing a planned community property, have filed a petition in Travis County District Court seeking a temporary injunction to halt foreclosure of the property. Jonathan Jenkins, the LLC's manager, defaulted on multiple multi-million dollar loans, causing financial turmoil. Investors, including J. Bondari who invested $3.5 million, allege unfulfilled promises and poor communication. A stop-work order issued in November 2021 remains unresolved due to permit disputes. The petition accuses Jenkins of mismanaging funds, redirecting them to other projects like Creekside in Bastrop. If foreclosed, investors will lose their principal investment and the promised homes.
Investors in Neu Community believe they have been duped by a ponzi scheme. 7 On Your Side reporter Carissa Lehmkuhl has the details.
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Videos
CeeDee Lamb expected to hold out from Cowboys camp
SUMMARY: Calvin Watkins of the Dallas Morning News discusses key Dallas Cowboys issues as training camp approaches. Star wide receiver CeeDee Lamb is holding out for a new contract, reminiscent of Zach Martin's situation. Quarterback Dak Prescott is also in line for an extension but isn't holding out. Defensive star Micah Parsons could become the highest-paid non-quarterback but focuses on next year's contract. Controversy arose when Malik Hooker advised Parsons to focus more on the team, leading to tension. Lastly, head coach Mike McCarthy faces uncertainty in his final contract year, needing a deep playoff run to secure an extension.
The Dallas Morning News' Calvin Watkins joins FOX 4's Sam Gannon to talk about CeeDee Lamb's contract, Micah Parsons' future deal and some possible controversy in the Cowboys locker room.
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Hurricane Beryl 2024 Tracker Live | FOX 4
SUMMARY: Certainly! Please provide the content you would like summarized and I’ll assist you with that.
Hurricane Beryl is now a Category 5 hurricane and is moving west. You can watch live as it moves toward Mexico.
Videos
Traveling for the Fourth of July? Here’s what to know about the airports
SUMMARY: With just 2 days until the 4th of July, many are planning getaways, leading to busier airports. Jim Cesc, Director of Aviation for Houston Airport, shares travel tips. Besides Independence Day, the Copa America quarterfinals featuring Argentina and Ecuador will boost traffic, with about 1.9 million passengers expected—a record. Popular destinations include the Bahamas and Cancun, with most flights nearly full. Travelers should arrive 2 hours early for domestic and 3 for international flights. Construction won’t affect roads, and midday is typically less busy. For convenience, reserve parking online, check TSA wait times, and use intra-airport trains. Visit the airport’s website for more details.
Director of Aviation for the Houston Airport, Jim Szczesniak, shares how to navigate your travels during the busy flying season.
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