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Doug Van Arsdale of Credit Solutions of America Loses Awesome Football Season Tickets to IRS

Tipsters have been sending in information about a rumor that Credit Solutions of America CEO just had the IRS seize and sell Dallas Cowboy season tickets he was using to make a little dent in the $4.5 million owed by his other company, Lending.com, to the Internal Revenue Service.

The Dallas Morning News is reporting the prime seating tickets sold at a quick auction held by Darlene Shadday, an IRS property specialist, sold for $311,000.

The Morning News goes on to say:

The ticket package fell to the IRS after attempts to settle the debt failed, said IRS spokesman Clay Sanford.

The auction notice lists the taxpayer as Lending.com Inc., a mortgage lender. Shadday described the company as a proxy for its chief executive, Douglas Van Arsdale.

Van Arsdale said the tickets “were not his, but [he] was using them,” Shadday said.

Doug Van Arsdale also was listed as the founder and chief executive of Credit Solutions of America Inc., a debt settlement company with the same Park Central address as Lending.com. An employee at Credit Solutions said Van Arsdale was not available for comment.

Regulators in Texas and New York have accused the company of defrauding consumers by failing to negotiate settlements with its customers’ creditors. – Source

Doug Van Arsdale of Credit Solutions of America Loses Awesome Football Season Tickets to IRS
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Steve Rhode
Steve Rhode is the Get Out of Debt Guy and has been helping good people with bad debt problems since 1994. You can learn more about Steve, here.

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