WEAR ABC 3 : Local Pensacola Man Under Investigation for Fraud

WEAR ABC 3 :: Top Stories: "PENSACOLA - Only a few short years ago.... he owned one of the top mortgage brokerage firms in Pensacola.

But when the real estate market crashed.... so did Erik Adams's world.

He now owes people millions of dollars and is the subject of a state and federal fraud investigation.

Tonight, in a Channel Three News special report.... Greg Neumann has more... On how it all went wrong.

When Hurricane Ivan ravaged the Pensacola area in September of 2004.... it left a lot of destruction in its wake."