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To the editor:
Coastal Communities has collected more than $50 million from the sale of lots in Ocean Ridge’s Jaguar’s Lair and has done little to complete the infrastructure.
In my opinion, Coastal is running a Ponzi scheme. They have several developments that are not completed (Jaguar’s Lair and Ocean Isle Palms being two examples), yet are allowed to shift resources to open up new ones. Its latest new development is called Barrington Place in Ocean Ridge. Many questions need to be addressed, such as:
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