Builder leaves subcontractors unpaid [South Florida]
Tradesmen say they’re owed more than $1 million
Imagine hiring a dozen crews to build at least two dozen homes and then running out of money before you can pay them for their services, and you can imagine the mess that Construction Compliance Inc. faces.
The company, which has some 90 active building permits in Charlotte County, has apparently been placed in financial limbo after many of its subcontractors — who claim they haven’t been paid for some $1 million in work — filed liens against the homebuyers.
At least one bank involved in financing CCI’s home construction projects has ceased releasing cash advances on the work on at least one of the homes.