Richard W. Davis Jr. is accused of taking money from investors in and around Charlotte and using it to repay other investors and to spend it on personal items, including vacation homes, nannies, a personal chef and a groundskeeper.
Richard W. Davis Jr. is accused of taking money from investors in and around Charlotte and using it to repay other investors and to spend it on personal items, including vacation homes, nannies, a personal chef and a groundskeeper. Mecklenburg County Sheriff’s Office
Richard W. Davis Jr. is accused of taking money from investors in and around Charlotte and using it to repay other investors and to spend it on personal items, including vacation homes, nannies, a personal chef and a groundskeeper. Mecklenburg County Sheriff’s Office

Investors likely won’t get all their money back in complex Charlotte fraud case

June 13, 2017 11:30 AM

UPDATED June 13, 2017 04:58 PM

More Videos

  • Suburban apartments are popping up

    11030 David Taylor Drive is currently an undeveloped field off West Mallard Creek Church Road but is one of several locations where developers are planning big new, suburban apartment complexes. Even as attention focuses on the high profile sites next to the light rail and uptown office towers, developers are turning their focus to the suburbs, where there's cheaper land and plenty of demand.