It appears Rusty Hyneman's house of cards has finally collapsed.
Commercial Appeal >> Fast and loose: Sweetheart bank loans spur Rusty Hyneman�s financial collapse: Lenders call in their debts and crumble developer's empire of excess
Commercial Appeal >> Developers Hyneman, Bourne pulled 'scam' on bank, contractor says
Commercial Appeal >> 'Flip' on land flops as windfall profit blows ill: Bourne, Hyneman buy acreage, sell to selves
Rusty's father, John Hyneman, is a Bellevue deacon, and Rusty is a Bellevue member although no one seems to recall seeing him there in years. Rusty's defense that the court couldn't touch his McMansion and other property because his daddy co-owned them didn't impress the court.
Commercial Appeal >> Memphis-area developer Rusty Hyneman's 'daddy defense' headed to court
Of course, this wasn't Rusty Hyneman's first brush with the law. He served time in federal prison for drug trafficking charges.
Memphis Flyer >> The art of the deal
Then there was this bizarre incident:
Commercial Appeal >> Hyneman goes to court over fight: Developer faces assault charge in incident outside Beale bar
So is this really the end of the road for Rusty Hyneman or will he prove to be Teflon-coated yet again?
I suppose the most important question to ask is if Hyneman tithed to Bellevue on all those millions. If he didn't he was living in a stolen house, driving a stolen Rolls and Bentley, flying in stolen jets, riding stolen horses... oh, wait.
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