North Forty Development

Christian Custom Homes CEO Now Facing SEC Charges

By Bethany Erickson / January 28, 2019 / 1 Comment

SEC charges come two months after the Texas State Securities Board charged Christian Custom Homes CEO Phillip Carter with fraud Agency alleges Carter and two co-conspirators defrauded more than 270 investors Christian Custom Homes and several other companies owned by Carter are now under control of new manager A little more than two months after […]

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Christian Custom Homes President and Wife Indicted on State Fraud Charges

By Bethany Erickson / November 15, 2018 / 0 Comments

Investors were lured by brochures, radio interviews, and email invitations for dinners, where they could learn about “9% investment return opportunities” with North Forty Development and Texas First Financial. Instead, hundreds saw their money allegedly spent on anything but real estate development. The president of Frisco-based Christian Homes, Phillip Michael Carter, and his wife, Shelley […]

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