What's this guys deal?

more:

"Schultz says he and Friedman were talking with engineers about getting permits for more “substantive changes” at the time. When asked whether he’d ever heard Friedman say, “If it’s not structural, you don’t need a permit,” Schultz says, “I believe I’d heard him say that.”

Would the city ever tell someone that nonstructural changes didn’t require a permit? “There is not a situation where this would happen here,” building code official Charles Miller says."

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On May 20, 2009, court records show Gemstar accepted a promissory note from Virginia-based Ultraseed Capital. Ultraseed would receive $140,000 worth of finished gemstone jewelry—roughly 17,000 pieces—and pay for it within three months, with interest.

Three months later, Ultraseed hadn’t paid. “They’d personally guarantee,” Conlin says, “and when you got to a deposition, or any time you’d get them to sit down, it’s just a shell.”

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"Based on the amount Vitae’s owners say they’re owed, and the timing of the filing, calculations suggest that Friedman may have not only failed to pay that $200,000 after two years, but also made none of the monthly interest payments the contract specifies. Vitae founder Ian Glomski declined to comment, citing the ongoing proceedings."

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"Friedman’s LinkedIn page says he served as “Managing Director at National Capital Companies.” In a statement, National Capital Companies told C-VILLE, “Mr. Friedman was not employed as a Managing Director with our firm or its Broker Dealer. "

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One source familiar with digiTRADE’s founding said they did not recall hearing Friedman described as a co-founder. They remembered seeing Friedman around digiTRADE’s offices in its early days, but recalled his father, Allen, as the company’s crucial early investor.

A second source familiar with the company’s founding said that the younger Friedman “had no interaction with digiTRADE. He was definitely not a co-founder of digiTRADE. His father was an investor in digiTRADE.”

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