Virginia-Based Flipper CM Development Back In The News

In Portsmouth, Virginia, The Virginian-Pilot reports:

• The "idea man" behind one of Hampton Roads' worst housing fraud cases may be headed back to prison because of his recent connections to CM Development. Jacques McEntee's probation officer has petitioned a U.S. District Court Judge to revoke McEntee's three-year probation because last year he solicited investors for money to help his brother's struggling company, CM Development.

• CM Development, a Virginia Beach-based housing company, once owned more than 250 properties across Hampton Roads, many of which were left vacant and in disrepair. It is now under investigation by the FBI.

For more, see Role in CM development prompts call to revoke probation.

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