CALHOUN, Sept. 5, 2012 — The notorious “Meth 6” motel here has sold in foreclosure for pennies on the dollar, potentially clearing the way for lenders to pursue two Georgia lawmakers for a defaulted loan. On Aug. 16, after the abandoned motel brought $370,000, a Gordon County judge signed an order allowing a bank to seek payment on the rest of a $1.88 million debt from U.S. Rep. Tom Graves and Sen. Chip Rogers. Graves says the order is merely a formality.
The IRS has slapped another tax lien on a business co-owned by U.S. Rep. Tom Graves and Georgia Senate Majority Leader Chip Rogers. Graves said his accountant has cleared up the lien as well as a previous one over a total debt of $8,965.
A North Georgia bank is accusing congressional candidate Tom Graves of attempted fraud for trying to escape a $2.25 million debt. The complaint, filed last week by Bartow County Bank, alleges Graves transferred his home and adjoining properties worth $657,000 into a trust last year to protect it from the debt. For that, the bank would like punitive damages.