Print the value of index0
Corey Corbin defaulted on $25,000 loan Sandown New Hampshire
As documented here - http://www.ericscc.com/listings/9707 - Mr. Corey Corbin defaulted on a $25,000 loan that was funded by nearly 100 individuals. The loan originated on 7/12/09 and defaulted in a little under a year - 6/1/07.
(It's perhaps noteworthy that Mr. Corbin served 2 terms as a New Hampshire State Representative, is the owner of Raw Power Stables, and The Breezeway Pub in Manchester, NH. In late 2006, his position as Chairman on the Sandown Board of Selectman was revoked by the Sandown Board of Selectmen.)
For what it's worth, Mr. Corbin's business partner took out a $10,000 loan one month after Mr. Corbin got his loan, and similarly defaulted on 6/1/07.
http://www.ericscc.com/listings/31433
Chantillian
Chantilly, Virginia
U.S.A.
3 Updates & Rebuttals
SandownResident
Sandown,New Hampshire,
USA
History of Corey Corbin in sandown NH
#4Consumer Comment
Tue, May 17, 2011
I am a resident here in NH, and I witnessed Corey Corbin's actions. While I was never involved in his business dealings I did gain a sense of his style, strategy, and ethical conduct while he served on the Sandown NH B.O.S.
Corey is not an honest man. Be careful in all dealings with him. He has experience in business and small region political machinations, but evidence shows he cares for only himself.
Ignoring any business dealings he may have had, his style as Selectmen Chairman was subversive and self-serving. To be specific: He held "public" meetings that actually were private and closed. How? By holding them in the daytime during the week when residents were at work. And he stayed within the law by announcing these meetings to the public in 2 "different" locations...by putting up 8 X 11 notices on 2 different bulletin boards within the town hall within 24 hours of these supposedly pre-scheduled meetings. With no residential objection or input he was free to do as he pleased.
Further, he initiated self-publication of a "town newsletter" to publicize his personal candidacy for State Rep, but ultimately it did not gain steam.
Further, he hired a web designer friend to replace a fully functional town website with his own. (Corbin cited that the existing website was "subpar" but in a public meeting was unable to substantiate how or why he felt that way).
The town funds for his new website was not approved by taxpayers, and resulted from one of his "public" private metings. This web designer friend then "contributed" this paycheck to Corbin's campaign fund for state rep. Inside of all this, he summarily fired the existing webmasters with no explanation or reason.
He attained a 2nd signature for his new website by lying to the new freshman selectman, a naive John Quevillon, after the senior selectman, James Devine, refused to be part of this scam. Quevillon later rescinded his signature of support after becoming educated by town residents.
Further research showed that while in the service, Corbin "missapropriated" (stole) funds that were collected and aimed toward an event, after he was left in charge of managing these funds. This lead to his dishonorable discharge.
All of the above information is derived from public records on the web, published selectmen meeting minutes, and publicly available campaign contribution data from www.nh.gov.
Chantillian
Chantilly,Virginia,
U.S.A.
Playing the victim card doesn't help
#4Author of original report
Fri, March 25, 2011
First, just to get this out of the way, let's leave the circumstances surrounding the end of your Chair of the Board of Selectmen as a matter of record in the Sandown Selectmen Minutes of 9/25/06 where anybody can read Mr. Quevillon's reasons for removing you.
Blaming the economy on your inability to repay the personal funds of Prosper lenders and to keep your employees employed is like blaming the weather for getting wet when you step outside without an umbrella on a rainy day. You and many like you had no plan B - figuring instead that the economy would always be sunny. But one at a time, loans went down the drain - making credit tighter and tighter for the people who need it the most (like perhaps the very people you had to let go).
Victim? No, you - like others - failed to manage your risks. You can't blame the economy - it is what it is.
Trade places with you? C'mon, the horse racing biz can't be THAT bad.
Just curious: what happened to capitalwatch dot net? And when will you finish your story at the Corbin Report blog?
somoza11
Dedham,Massachusetts,
United States of America
Victim of the Economy
#4REBUTTAL Individual responds
Thu, January 28, 2010
While I don't deny the report, it should be known that I was a victim of a downturned economy, as are many small business owners these days. I ended up filing bankruptcy on this debt, as well as many others, despite my best attempts to repay them.
I am not the first, and certainly not the last, who will be forced into such a situation due to the economic conditions.
What my political endeavors have to do with this, as reported by the poster here, is beyond me. I was forced to take a "regular" working position as a result of business failings and, subsequently, had to resign from the Board of Selectmen, and as Chairman, as I could no longer perform the duties I had been elected to.
The poster, if they did any research, would know this.
In any event perhaps the poster should spend more time writing their Congress person and encourage them to fix our economy, rather than wasting time writing such things on here.
I sincerely hope the poster never has to make decisions like I did a few years ago - file bankruptcy and sell business at a loss to keep people employed. They are hard decisions to make.
The poster on here lost $1000 at most - from a Prosper.com loan - and I am sorry you lost it. I lost everything due to the economy. I would trade places with you any day.