Borrower defends enterprise loans

CAMDEN – Kristian Nelson, the defendant in a lawsuit alleging he cheated millions of dollars on a Little Rock man, used some of that money to start a business in Camden. This emerges from statements that Nelson recently made in a statement.

In August 2020, Camden News reported that an 89-year-old Little Rock man, Richard Toll, is suing Kristian D. Nelson, a businessman of the Hawgz Blues Cafe, which has locations in Little Rock and North Little Rock, Nelson cheated on him on several Years with $ 4.5 million.

The lawsuit alleges that Nelson purchased loans from Toll from September 2017 to June 2020, allegedly to help his businesses. Toll initially borrowed $ 10,000, according to court documents. Nelson said he needed the money to cover checks made for expenses at the Little Rock location of the Hawgz Blues Cafe, which he allegedly owned.

Camden Mayor Julian Lott announced on Facebook in June that the Hawgz Blues Cafe and a dealership called I Sell 4 U Auto will soon be based in Camden. The post was accompanied by two photos of Lott and Nelson together at the Hawgz Blues Cafe in North Little Rock.

In a September 2020 filing, lawyers interviewed Nelson about his activities.

Nelson said in the deposit that he does not remember the date it opened in Camden or the owner of the property.

“Q. You don’t remember who owns the property in Camden that you run a dealership in?

A. It was a piece of paper that I know, “the deposit reads.

Nelson said during the filing that he owned a property on California Ave. Leased 1585 in Camden for an auto parts retail store. He said some of Toll’s money was used to buy the auto parts that were for sale there. The address 1585 is listed as The Elements Apartments.

Nelson stated that he could not remember answers to questions put to him and exercised his fifth right to amend against self-blame in response to several questions during the deposit.

Information on this article was contributed by Caitlan Butler.

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