According to the Associated Press, Darain Atkinson owes $1.7 Million in personal income tax, fees, and interest.
According to the Associated Press and an article posted today on KMOV.com, U.S. Fidelis founder Darain Atkinson owes $1.7 Million to the state of Missouri. The Missouri Department of Revenue filed a tax lien against Atkinson this month stating that Atkinson owes revenue from personal income tax, fees and interest. Darain Atkinson and his brother, Cory, were arraigned in St. Charles County Circuit Court last month on charges of stealing, insurance fraud and unlawful merchandising practices. The Atkinson brothers are due back in court for a pre-trial hearing on Aug. 26. For more information about indictments on the Atkinson brothers and U.S. Fidelis, see our previous coverage here.
Bankruptcy judge approves the sale of Darain Atkinson's $27 million mansion for less than $5 million.
No one knows exactly how much creditors are owed on the construction of the yet unfinished mansion in Lake Saint Louis owned until recently by Darain Atkinson and his wife Mia. But by the looks of things, many won't be getting paid any time soon. The co-founder of the now bankrupt US Fidelis will be selling the mansion through the bankruptcy court for the $4.7 million bid made last month by Harold Lewis under the 5 Lakeview Acquisition Group name. The price is a far cry from the $26.7 million it cost to build or even the $14.9 million Atkinson asked for back in April. The property is listed with Dielman Sotheby's International Realty and Coldwell Banker Gundaker. Lewis, the winning bidder, has been the president of National Sports …
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US Fidelis Mansion
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Fraud Buster
6:51 am on Saturday, August 20, 2011
Darain Atkinson funneled funds from U.S. Fidelis through his wife, Miyong (Mia) for years. Miyong's parents were poor when she married Darain. Now they own three homes, wear Rolex watches, drive a Mercedes; nonetheless, they've managed to stay out of the spot light and was not named in the bankruptcy complaint brought forth by the creditors of U.S. Fidelis. Ironically, anyone who benefited from … more ›