That jury ruling was just shy of a not guilty verdict. Of the 1.2 million in deposits alone (not investments) Apex still walked away with over a million dollars. Apex was unwilling to show where all that money went. All that is known is that they never had a construction loan and after the deposits started rolling in, Demolition and architecture were mostly done. The only pay out on the land was about $80,000 The mortgage wasn't paid, the taxes weren't paid. All that money is somewhere folks.
Hopefully other enforcement agencies are still interested in the case.
Elford was involved with a lot of other possible developers and funding sources from before the bankruptcy. (pre-bankruptcy planing? who knows.)
Previously on the thread a bankruptcy attorney weighed in and suggested that Elford or whoever eventually develops the land will be protected from all this tumult so the good thing for the neighborhood is that something will happen to the lot. The fate of the Apex gang and their holdings is still ever more complicated and murky, Friday's judgement was so tiny as to be nothing more than just a minor detail in the overall picture.