Longform

Con Air

Page 7 of 7

In Morehead City, Credle often concludes his construction deals with a handshake and doesn't bother to draw up contracts. Now he feels like he's had an education in the seamy side of business. "I've looked at a lot of crooks the last few months," he says.

But to Credle, the lowest point in the whole affair may have come in November 2001. That's when Mile High promoters faxed many of the investors a copy of a $5,000 check they claimed to have sent to a fund set up to benefit the widows and children of the New York City firefighters who lost their lives at the World Trade Center.

"I called the firefighters' association, and they said they never got the check," he says.

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Stuart Steers
Contact: Stuart Steers