Golf Channel Looking into Ginn Property Purchased by Players

Rumor: The Golf Channel was seen at Bella Collina and Reunion Resort last week. Several players are said to have suffered losses on their investment.

Palm Coast, Florida – May 24, 2009Rumor: The Golf Channel was reported to be in the Orlando area last week at two Ginn locations; Bella Collina and Reunion Resort. They are said to be looking into Ginn’s former connection with the PGA and LPGA Tours and the professional golfers who purchased property in Ginn developments for a possible upcoming report. Like other investors, the players have experienced severe losses on their investment. Well known golf names said to be linked to Ginn properties include:
  • Nick Faldo
  • Lee Janzen
  • Jay Williamson
  • Skip Kendall
  • Fred Funk
  • Hale Irwin and son, Steve
  • Scott Hoch
  • Golf Channel announcer, Mark Lye
  • Annika Sorenstam
At least some of those named are said to be plaintiffs in lawsuits currently filed against the Ginn Company.
 
Rumor: (noun) a current story or statement without confirmation or certainty as to facts
2 replies
  1. John
    John says:

    Golf Channel?

    Toby,
    I know this is just a rumor but for clarification, was the Golf Channel on behalf of the golfers named? I’m wondering if you could clarify a bit as to what their purpose was while at the two communities.

    PS – Awesome job on getting some National exposure! What’s next, a spot on the Today show or Dateline!!!!!

  2. Ted
    Ted says:

    Speculators?

    Were these golfers planning on building on the property and living there? Or were they just trying to flip the property for profit? At last look, they all seem to have well paying positions.I don’t feel sorry for those who speculated and lost. The real victims were those who could not afford to lose and were mistreated.

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