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Port City Java founder allegedly using company funds for personal expenses

Submitted by WWAY on 5 January 2009 - 6:25pm.READ MORE:

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There is more news Monday on one of Port City Java's founders leaving the company.

Port City Java is suing Don Reynolds, his wife Denise, and a company called Don Reynolds Properties for more than $187,000.

According to the lawsuit, Reynolds used Port City Java's money for his own company along with household and personal expenses.

The suit claims his wife Denise also used Port City Java's money for her own benefit, and Reynold's company used Port City Java's money to buy property in Highlands, North Carolina.

One of Port City Java's lawyers said they are in a holding pattern right now, since they have not yet heard from anyone representing Reynolds.

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I worked for PCJ back when

Submitted by It comes around (not verified) on 22 January 2009 - 5:49pm.

I worked for PCJ back when they were maybe 4 or 5 stores total. I'm SO not surprised this happened... not good people, those two.

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stay tuned...

Submitted by sdsurfer (not verified) on 5 January 2009 - 10:36pm.

I'll bet when all the information comes to light, $187,000 is a mere shadow of what he really took.

Nice going, Don...too bad you didn't use some of the money for your employees' benefit.

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Port city java

Submitted by Andrew Rhodes on 5 January 2009 - 9:03pm.

MMMMmmmmmm....

Macadamea Nut milkshakes.

MMMMmmmmmmm....

Andrew

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