We are proud of the fact that we broke the Performance Auto Sales AKA Title Mart debacle here first.
Our first blog on the Title Marts was November 2, 1015. We noticed that Ziaja did not have the notes probated until after we posted our first Title Mart blog. Ziaja recorded all of the promissory notes on December 23, 2015 at the Morgan County Probate Judges Office.
We began our research of Performance Auto Sales late April - Early May 2015. We began our blog in October 2015. We decided to blog our findings of the Performance Auto Sales AKA Title Mart once we were comfortable with the information we obtained in regards to Sheriff Ana Franklin's purchase of vehicles from the Title Mart's, verified that Alyssa Franklin worked at the Title Mart's, and that Steven Ziaja had gone into business with Greg Steenson.
Steven Ziaja entered into the Title Mart Business with Greg Steenson December 1, 2014. According to the Promissory Note below, the first note was for $100,000.00. The note states that "THE PURPOSE OF THIS LOAN IS TO BUY AND SALE VEHICLES. WE AGREE TO SPLIT THE PROFIT 50/50". What we find interesting is that for some reason Ziaja did not have the Note recorded with the Morgan County Probate Judge's office until December 23, 2015 at 3:49:38 PM. You will note that the promissory note calls for all profits to be split 50/50. Our question is 50/50 with whom?
On January 9, 2015 Ziaja loaned the dealership more money ($20,000)
On March 27, 2015, Ziaja loaned the Title Marts another $20,000.00. This Note appears to have been signed by Harold Jeffreys. Hum!!
The October 17, 2015 Promissory Note for $526,000.00 appears to be signed by Greg Steenson and Ben Jeffreys
As we previously reported, Ziaja has loaned money before. In each case he had the loan probated immediately. He made a loan to his aunt, an employee of the MCSO, and Ana Franklin's daughter and her husband, Mrs. Erika Sheats and Mr. Derek Sheats. All of these notes were promptly probated.
Why would Steven Ziaja loan Performance Auto Sales $846,000.00 without a promissory note. By Ziaja's own admission, he did not know these people. It appears he trusted Greg Steenson far more than he trusted the people closest to him.