Comvest gave money to related firms

Comvest gave money to related firms

There are 8 comments on the Charleston Daily Mail story from Aug 8, 2010, titled Comvest gave money to related firms. In it, Charleston Daily Mail reports that:

A bankrupt Bridgeport-based company with millions in unsecured claims to lenders and government agencies throughout the state granted hundreds of thousands of dollars to its sister corporations before going out of business, one of the company owners has testified.

Join the discussion below, or Read more at Charleston Daily Mail.

sjre3028

Clarksburg, WV

#1 Aug 9, 2010
Why was this not covered in our local news?
Mystified

Hundred, WV

#2 Aug 9, 2010
sjre3028 wrote:
Why was this not covered in our local news?
Probably because it would've taken a bit of investigative reporting. Local newspapers, radio and TV only cover "fluff" stories because they don't want to make waves for any locals who might've been involved.
Beevis

United States

#3 Aug 10, 2010
Maybe some of those so-called "sister corporations" were local media companies?
sjre3028

Clarksburg, WV

#4 Aug 10, 2010
So true, if I hear one more story about a charity walk, run or marathon I am going to scream. The media has not reported on several widely known tax payer wasting problems in the area even though information has been forwarded that laid out the problem. What can the public do to remedy this situation? The public officials are so non-responsive since they have nothing to fear from the media. One of the parties in the Comvest mess is the Mayor of Bridgeport and the other the head of Office of Development. No wonder WV never gets any where.
Go Ask Alice

Salisbury, MD

#5 Aug 15, 2010
Bridgeport, Shinnston, and Salem are all poorly managed. The managers and police departments are under investigation or members have been forced to resign because of criminal activity. Last one out of Harrison County please turn out the light.
cuban fisherman

Fairmont, WV

#6 Aug 31, 2010
Wow!

Seems the Mayor has some "splainen" to do. Hope WDTV/WBOY/& Jokesponent Telesham respond with some reporting of "substance".

Read the clip from The Daily Mail, informative @ the very least...Really puts our HACK newspaper in perspective. Go figure?????
Sherlock Homey

Mckeesport, PA

#7 Aug 31, 2010
This Comvest web is tangled indeed. The mayor of Bridgeport, Jim Christie, has now stepped down from his position as Secretary of the WV Municpal League, due to all the fallout from the Comvest bankruptcy. It has been revealed that the Municipal League had sponsored a marketing agreement with the Comvest, which was co-owned by Jim Christie. As part of the agreement, the Municipal League steered its member cities to do business with Comvest and received a fee from the company in exchange. Geez, can anyone say "conflict of interest"? How about "fraud"? Ok, now, try this: "Billy Sol Estes"? I see guilty people.
1 post removed
Sherlock Homey

Mckeesport, PA

#9 Sep 1, 2010
If I were a betting man - and I AM - I would bet the missing funds which were entrusted to Comvest and then just disappeared were fraudulently funnelled into their 'sister' company, Moon and Stars Studio. According to the Studio's website, they have been working on a reality show called "Hotties" and other projects. I do know 'hotties' cost a lot of dough. So, Mr. US Bankrutpcy Trustee, just follow the money trail to the old farts chasing the hotties. Never fails. Oops, I used the word 'hotties'. Does that mean I have to pay Christie and Cutlip a user fee??? lol

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