Bounced Check? Try Fraudulent Check Kiting, Chad Taylor blog on Medium.com Options

[dangum]

https://medium.com/@chadtaylorofficial/boun...ng-10a59f1ce05b

Chad Taylor
Feb 23, 2023

Bounced Check? Try Fraudulent Check Kiting

ADS is a Bill Hynes Scam

The Bill Hynes-led attacks and harassment have continued through various frivolous civil litigations and his endless blabbering on social media. We now understand the players and their collusion and despair thanks to Rolling Stone journalist Andy Greene.

But the story is so broad that it might be hard to track, so in this missive I will stick to one subject — ADS.

According to court records, “ADS is a Hynes scam that can be traced from Hynes victim to Hynes victim, and Hynes felony conviction to Hynes felony conviction.”

If only I had access to this information when we initially met Bill Hynes, who continues to harass and threaten me while on probation. About the only thing Hynes and I agree on is regretting his presence in my life.


Hynes, like he did against the young woman he stalked and attacked, gets agressive with Chad Taylor and a LIVE fan who asserts, “Hynes is as dodgy as fuck.”

ADS Builders East LLC was formed in Pennsylvania on September 28, 2007. Bill Hynes is believed to be the founder. For sure, he controlled the bank accounts.

The first bold lie of Bill Hynes is that his initial felony conviction in 2010 was only a “bounced check.”

Hynes stated that “it was a bank clerical error,” and when he testified, Hynes accused a bank employee and Bethlehem Township police officer of lying under oath.

When sentencing Hynes to 24 to 42 months in Northampton County Prison, the Honorable Edward G. Smith said of Hynes, “You engaged in that pattern of deception with a certain arrogance, in particular, in this case towards the bankers. I do believe it was a very artful and ingenious attempt to move money around by deceiving the bank and allowing you to keep control of the funds.” Under no pretense was this only a bounced check.

According to information gathered by Wikipedia and Investopedia, “check kiting (like a kite floating in the air) is a form of financial fraud. The concept is to quickly deposit and remove funds from a bank, creating a credit float of nonexistent funds. The purpose of check kiting is to falsely inflate the bank balance of a checking account, allowing for written checks to clear that would otherwise bounce.”

Circular kiting “describes forms of kiting in which one or more additional banks serve as the location of float and involve the use of multiple accounts at different banks. In its simplest form, the kiter, who has two or more accounts at different banks, writes a check on day one to themselves from Bank-A to Bank-B (this check is referred to as the kite), so funds become available that day at Bank-B sufficient for all checks due to clear. Then, on the following business day, the kiter writes a check on their Bank-B account to themselves and deposits it into his account at Bank-A to provide artificial funds allowing the check they wrote a day earlier to clear. This cycle repeats until the offender is caught or deposits genuine funds, eliminating the need to kite and usually going unnoticed.”

Complex versions of circular kiting involve two separate people (or, in the case of Hynes, a person and a company), each with an account at a different bank, constantly writing checks to one another, or a group of individuals writing checks circularly, thereby making detection more difficult. In addition, some kiting rings involve offenders posing as large businesses, masking their activity as routine business transactions and making banks inclined to waive the limit of available funds.

And this fraudulent scheme, circular kiting, is what Hynes tried and failed to pull off with his ADS “business.”

Again, according to court records and published news reports, on July 8, 2009, Hynes wrote and signed two checks made out to ADS Builders East.

The first check is drawn from the Navy Federal Credit Union (Bank-A) for $7,000, and the second is drawn from Wachovia Bank (Bank-B) for $6,500. Both checks are deposited in the ADS bank account at Team Capital Bank (Bank-C).

Next, Hynes, on the very same day, writes and signs a check for $12,000 from ADS Team Capital Bank and deposits the funds in an account at TD Bank (Bank-D).

Then on July 13, there was a PayPal (Bank-E) transaction for $1,100, which also came out of the Team Capital Bank account. In sum, police allege Hynes withdrew $13,471.09 from Team Capital Bank.


Sentenced to prison: Hynes wrote multiple personal checks to ADS without funds to cover the draw, and then immediately withdrew the funds from Team Capital Bank and deposited them into an account at TD Bank.

The first two checks, for $7,000 (Bank-A) and $6,500 (Bank-B), did not have enough cash to support the draw and bounced. And the same would then happen to the Team Capital Bank account, given that the initial checks were overdrawn. Either way, the fraudulent scheme ends with multiple banks left without credit to cover the draw. That is unless Hynes finds cash to deposit back into the overdrawn accounts. Which he fails to do.

And Bethlehem Township Police Officer Anthony Stevens asserts that Hynes told him “numerous” times that “he would wire monies to Team Capital Bank (Bank-C), as he stated that he made a mistake and was awaiting monies from other clients, but had not received them as of yet.”

And this is the point of the check kiting credit float — Hynes was trying to buy time and credit.

However, the insufficient funds were not replenished or restored as of the criminal complaint date. According to the York Daily Record, “Adam Sager, Hynes’ former attorney, has said prosecutors made several offers, even once agreeing to drop the case if he repaid the money. Hynes declined them and later filed a petition alleging that Sager had been ineffective, which was thrown out, according to court records.”

In addition to stating that it was only a bounced check, Hynes asserted that his secretary, who did office work, issued printed checks from the wrong bank accounts. But, of course, this version of the Hynes lie does not reflect the testimony and court records. For example, in Officer Stevens’ police report, Hynes says “he” made a mistake — not a secretary or some third party. Notably, no secretary was ever called to testify.

If we are keeping count, Hynes said (1) the officer lied, (2) the banker lied, (3) his secretary issued the check, and (4) his attorney was at fault.

On July 28, 2009, Bethlehem Township Police charged Hynes with theft by deception, a third-degree felony. Police allege Hynes stole about $13,500 from Team Capital Bank (Bank-C). The case was prosecuted by Bethlehem District Attorney John Morganelli. Hynes was later convicted of these charges on September 15, 2010. Upon release from prison, Hynes is ordered to have no contact with Team Capital Bank and TD America.

Hynes, in recent social media banter tried to distance himself from the theft by deception felony prison sentence insinuating that he was sent to prison for an inappropriate comment rather than the crimes he committed, “I totally effed that one up. Funny story actually. Told the DA they needed to get laid. Man, that was stupid.”


Hynes defends his felony convictions with rhetoric and stories reaffirming past lies, but the court record tell an entirely different story.

Eventually, Hynes creditors TD America (Bank-D) and Navy Federal Credit Union (Bank-A) filed civil litigations against William T. Hynes in 2009 and 2011, respectively.

We can only speculate why Hynes needed to pull off a check kiting fraud.

However, public records show that only three days after his arrest, on July 31, 2009, a civil judgment against Hynes was awarded to Jeffrey A. Atkins for $137,000. The decision is processed by Clearfield County Prothonotary (2009–1484-CD), and the creditor is listed as Gathagan Investment, owner Maureen Gathagan. According to a published biography, Ms. Gathagan has been a director of Mid Penn Bancorp, Inc. since November 2021.

Shortly after the circular check kiting fraud and Atkin’s judgment, Hynes met with Chad Taylor and Patrick Dahlheimer at the Providence Rhode Island Film Festival on August 7, 2009.

And by October of 2009, Bill Hynes, after a failed attempt to defraud banks and a civil judgment, agreed to invest $4,835,000 to fund and finance The Gracious Few, a musical group formed by Taylor, Dahlheimer, and Chad Gracey. Remember, Hynes did not have sufficient funds to (a) cover the $7,000 (Bank-A) check, (b) cover the $6,500 (Bank-B) check, or © the $13,500 (Bank-C) check. But despite this insolvency, Hynes agreed to invest $4.8 million. And just like the check kiting banking fraud, Hynes writes checks he cannot cash and utterly fails to fund the contractual agreement with The Gracious Few.

In the Rolling Stone article, Hynes admits, “I gave them $43,000, and they paid me back” which was a stipulation within the legal settlement agreement. $43,000 is far less than $4.8 million. And Hynes, will play with words, for example denying that he bounced checks when it may have been a Hynes corporate entity that left the band stranded in Sausalito. No matter what, Hynes did not fulfil the obligations to fund the recording project.

After being labeled as persona non grata for his failure to fund, Hynes reenters the musicians’ inner circle when he claims that the ugly and hostile divorce from his wife caused his banking accounts to be seized. This is likely a lie, especially given that Hynes was being investigated for banking fraud. What is far more likely is that Hynes’ banking accounts were frozen due to his fraudulent check kiting scheme. Regardless, Hynes clearly did not have $4.8 million to pay the band, let alone $13,000 to pay the banks.

But even before his arrest and sentencing for the circular check kiting fraud or his failure to fund The Gracious Few, Hynes used the ADS moniker when trying to purchase and develop a 320,000-square-foot building located in Reading, PA. The property at 801–847 North 9th Street was once known as the Reading Outlet Center. According to real estate documents created on June 3, 2008, Hynes, using ADS, was set to purchase the former outlet center when, according to his assertions, the SEC raided the commercial bank financing the real estate project. As a result, the opportunity for Hynes to purchase the Outlet Center property from Schuman Development Group collapsed. But here again, Hynes is dealing with suspicious banking issues and blaming others for failures.

Digging deeper into the history of ADS, we learn from details in court filings and reports by the York Daily Record, “ADS Builders East, LLC” is a concept Hynes stole from a fraudulent builder in Colorado. “ADS Construction” in Colorado went defunct after its principal, Jim Barnett, pled guilty to felony theft for stealing the proceeds from construction loans.

“Mr. Barnett explained to the York Daily Record that he knew Hynes and had discussions with him but apparently chose not to go into business with Hynes. Mr. Barnett may have been done with Hynes. However, Hynes was not done with Mr. Barnett.”

Court records reflect that Hynes not only borrowed the “ADS” moniker from Barnett, but he also borrowed Mr. Barnett’s picture and used it to create a false social media profile under the name “Jon Hoch.”

Using Mr. Barnett’s likeness, Hynes utilized the fake Jon Hoch profile to terrorize and smear the reputation of his employee and former girlfriend after she filed for a Protection from Abuse Order. His ex-girlfriend accused Hynes of bone-chilling crimes in her PFA application. For example, in one post, Hoch (a.k.a., Hynes) explains Hynes is “definitely innocent” of the crimes his employee accused him of (many of which Hynes recently pled no contest to) and that the victim has “substance abuse problems…like two of her sisters.”


Jon Hoch, a.k.a. Bill Hynes, defends his felony charges via a fake social media profile.

ADS and fraudulent schemes make a comeback…

First, as early as February 24, 2022, Hynes begins to lie on court record when in paragraph 175 of his Answers to the Appell Group v. Hynes 2020-SU-002006 litigation, asserting, “It is admitted; however, as the fact that Hynes was convicted of one prior offense for bouncing a check.” Perhaps Hynes’ lawyers, like so many others, have not done their due diligence. Hynes did not “bounce a check” but did try and fail to enact a fraudulent check kiting scheme. Hynes, it seems, will lie, even on court records.

Second, in September of 2022, Hynes pled no contest to two counts of felony forgery for falsifying a fake mortgage he claimed his ex-girlfriend granted him, including an additional felony for the physical assault of his female employee.

Finally, despite a lengthy criminal record , Hynes contends he never admitted guilt and therefor did nothing wrong.



Hynes seeks his pound of flesh via ADS…

Soon after his criminal sentencing, Hynes filed a civil lawsuit against Defendants Chad Taylor, Patrick Dahlheimer, and Chad Gracey. Hynes makes allegations regarding Fraudulent Promissory Notes issued to the Defendants by the “ADS” business in the claim. But in Hynes’ own admission in court filings, “Hynes concedes the “loans” he “executed” never existed.

Also troubling are Defendant Gracey’s public statements claiming the Hynes’ “loans” were legitimate. This begs the question, why would Gracey, a named Defendant in the Hynes litigation, affirm and support Hynes’ assertions, especially given that Hynes himself admitted there were no loans? It turns out that Gracey is a Hynes roommate at the 210 York Street property, where Hynes is currently under house arrest. They can pretend they are not conspiring; however, this is a bold lie.

When Attorney Confair, representing Chad Taylor and Patrick Dahlheimer, recently wrote Hynes’ legal counsel that his clients want to be left alone, an extortive reply admitted their collusion, “If your clients wish to be left alone, they’re welcome to stop contesting the Invictus action. As long as your clients continue claiming ownership over assets they have no right to, it seems we’re at an impasse, though.” One would have to wonder why Hynes’ attorneys in the ADS case are responding for Invictus One LLC?

For anyone losing track: Hynes and Gracey reside inside the Invictus One building at 210 York Street.



Again, from court records, “Hynes — perhaps mistakenly thinking that if he did not sign he cannot be exposed to additional forgery charges — did not execute the Notes.”

“Furthermore, the court record asserts that even if Hynes did not forge the Fraudulent Notes, Hynes procured the Fraudulent Notes by falsely portraying the ADS Builder as a legitimate business — as opposed to the vehicle for fraud it actually is.”

Hynes is a convicted felon, who has used the ‘ADS’ moniker throughout his past as a fraudulent vehicle to perpetrate his conman schemes. From his check kiting banking fraud, to the forging/filing of financial documents, and now to filing baseless civil litigations, one consistent thread holds true — Bill Hynes and his use of ‘ADS’ is nothing but a fraudulent scheme.

And the ADS kiting scheme appears to continue within Think Loud Investments…

Investigations have uncovered that Hynes may have used a similar check kiting scheme within various corporate entities under his leadership. For Example, on April 23, 2020, banking records show Hynes depositing $20,000 into a Think Loud Investments account, and on the same day, Hynes wire transferred $20,000 to his company, BKS Capital LLC.

And then, on May 21, 2020, Hynes again transferred $20,000 into the Think Loud Investments bank account and immediately moved $20,000 to BKS Capital LLC.

And again, on June 18, 2020, Hynes transferred $30,000 into Think Loud Investments bank account, and on June 19, 2020, wires BKS Capital LLC $30,000.

On June 30, 2020, there is a deposit of $77,598 in the Think Loud Investments bank account and July 1, 2020 Hynes wire transferred $77,598 to BKS Capital LLC.

$157,598 in circular transactions seem suspicious. This malfeasance repeatedly happens throughout the 2020 banking records. Of course, not one of these transfers was authorized or approved.

Do you think the Honorable Edward G. Smith, who sentenced Hynes for the ADS check kiting would approve?

Do you think the York County Common Pleas Courts, where Hynes, again, is using the ADS moniker will be concerned?

Or how about York County prosecutors, who have already sentenced Hynes to two felony forgery counts for filing false mortgage documents?

The Rolling Stone article highlights many other areas where Hynes continues to lie, but at some point, his fraudulent activities have to end.

[Overcome2030]

Screenshots from Facebook are we, the new how low can you go?

Has anyone in their life ever written a check out to someone and then accidentally forget to put funds into the account to cover it? Or you know there's a monthly payment coming out of your account and you simply forget to put funds in.

Guess what, it happens often

[Merica]

Screenshots from Facebook are we, the new how low can you go?

So lame and obvious, showing people things Thrillby has actually said online in public.

[The Shill]

I can't quite put my finger on who Overcome2030 sounds like.

The dude says he's a "long time lurker, a first-time poster" who joined here in November 2022 and has made 11 posts since, and boy have they been good ones.

Even though he hails from Cape Town, South Africa (Fiji would have been a better choice) he seems to have a subscription to both the York Daily Record and York Dispatch, and spends his free time refreshing Thad Chaylor's page on Medium.com.

Take a look at some of his posts and see what you think. Someone smarter than me can probably figure it out.

Kinda reminds me of the user that used to be on here known as "the Thrill" (he disappeared in Nov. 2022) or "Jon Hoch" or "Steven Moser".

Has anyone in their life ever written a check out to someone and then accidentally forget to put funds into the account to cover it? Or you know there's a monthly payment coming out of your account and you simply forget to put funds in.

Guess what, it happens often

- um, actrually no. I have never done this in my life. But then again, I don't write many checks, I prefer online banking.

Let's face the real music

Bill Hynes did not / has never caused the demise of Live.

Rolling Stone's Andy Greene reached out to Chad Taylor, really, I mean REALLY?

Did Andy Greene from Rolling Stone just magically reach out to Chris Shinn in November 2022 too?

Chad Gracey is violent and harasses people? That's some Pinocchio BS is ever I've heard it.

If Chad Taylor has nothing to hide, then why keep financials hidden from Chad Gracey?

Who cares what a person's political persuasion is?

Americans are so soft when it comes to politics, they get butt hurt offended.

Americans want to shame their fellow countrymen purely because of whether they voted Dem or Rep as it goes against their personal views/opinions.

Wake up and smell Ed's coffee, the fans continue to only hear one side of the story.

I feel the courts will present a very different take on things once all the evidence is put on the table.

- Wow does this writing style seem familiar! Sounds like he has some insider info on the case.

Another hack job by Chad Taylor to get his version out there. At least the author did try to balance the article, but to any diehard Live fan it's still a CT-driven article.

- I didn't think anyone disliked Thad Chaylor as much as me, but damn. It sounds like it's personal.

Taylor being Taylor as Gracey says the loans true; with a public CT denial

Someone is clearly not telling the truth.

- I've heard the Chaylor being Chaylor before. Hmm. Who else said it?

Long time lurker, a first-time poster.

- Interesting timing to finally create an account. I mean "The Thrill" was last active on here November 18, 2022. Not sure about "Jon Hoch" and "Steven Moser"


Let me end with this. It's one of my all-time favorite bible verses.
Revelation 6:8: “I looked, and there before me was a pale horse! Its rider was named Death, and Hades was following close behind him. They were given power over a fourth of the earth to kill by sword, famine and plague, and by the wild beasts of the earth.”

This post has been edited by The Shill: Feb 23 2023, 11:35 pm

[Bremang]

Careful what you say cause hynes likes to take things to a personal level and dox people behind thinly veiled threats. You might not get a reaction now because he needs to save face in the court of public opinion. Of all the lame characters surrounding this band, hynes has to be the lamest, and most dangerously psycho, and that is really saying something. So at this point, why does anyone have to utter this guys name. It’s barely even Live related at all. Someone interview Lindsay the racer/model to get the real scoop on who is really at fault and then let’s delete all mention of Hynes from the internet. Literally nobody wants to hear from him, unless its a tabloid fascination for watching him throw a tantrum on a racetrack as a fledgling amateur racer. The only reason cg is siding with hynes is cause ct banged cgs wife. Enlisting hynes is a great way to get revenge on someone you hate. Otherwise im sure cg would back way the fuck away from this dude, despite the fact that cg only has limited capacity at rational thought being the nutjob conspirator that he is. Fuck ct for attracting this fucked up energy into the Live universe.

This post has been edited by Bremang: Feb 24 2023, 2:29 am

[The Thrill]

Careful what you say cause hynes likes to take things to a personal level and dox people behind thinly veiled threats. You might not get a reaction now because he needs to save face in the court of public opinion. Of all the lame characters surrounding this band, hynes has to be the lamest, and most dangerously psycho, and that is really saying something. So at this point, why does anyone have to utter this guys name. It’s barely even Live related at all. Someone interview Lindsay the racer/model to get the real scoop on who is really at fault and then let’s delete all mention of Hynes from the internet. Literally nobody wants to hear from him, unless its a tabloid fascination for watching him throw a tantrum on a racetrack as a fledgling amateur racer. The only reason cg is siding with hynes is cause ct banged cgs wife. Enlisting hynes is a great way to get revenge on someone you hate. Otherwise im sure cg would back way the fuck away from this dude, despite the fact that cg only has limited capacity at rational thought being the nutjob conspirator that he is. Fuck ct for attracting this fucked up energy into the Live universe.

Brett Gruberg, get a life. Not sure why you are obsessed with me. Fault about what ?? What are we faulting me for ?

[The Shill]

Brett Gruberg, get a life. Not sure why you are obsessed with me. Fault about what ?? What are we faulting me for ?

OMG The Thrill is back! Great to see you here!