A Word To The Wise

Monday, December 24, 2012

So now Jack Brown is accused of stealing $12 million through a Ponzi scheme that involved a lot of his fellow church members. As a financial advisor I would advise everyone to be careful of any investment schemes offered by a member of one's church. Many Ponzi schemes are centered in a religious organization by crooks and shysters who prey on their fellow church members.

Two of the biggest frauds in recent memory were perpetrated by Bernie Madoff in New York and Robert McLean in Murfreesboro . Both offered unrealistic returns to members of their religion who because of their trust in a fellow church member did not perform their due diligence. Remember when any one offers you an investment opportunity:

1. If it is too good to be true it is probably a fraud

2. No matter how good an opportunity sounds never put all of your eggs in one basket.

Also demand that you get a financial statement from a well-known financial institution, not an individual.

Douglas Jones

Revote Needed For County Commission Chairman

I just listened to the audio of the County Commisssion meeting of 10/19/16 regarding resolution 101615 - windows for the John A. Patten Center in Lookout Valley. To this voter I was embarrassed and stunned at the shameless actions of what I can only term as Bankston's bullies. Mr. Fairbanks, for the record I am the one you were probably upset with asking the media to do their ... (click for more)

Still Having Accidents In Collegedale Despite Drop In Speed Limit

It's been a week since the speed limit was dropped to 45 mph and people are still going too fast and not following the speed limit.  This is what happens.  Jessica Russell (click for more)

School Board Set To Vote Next Thursday On Choice Of Superintendent Search Firm

The County School Board is set to vote next Thursday night on picking a search firm to choose a new school superintendent. First, there will be more discussion at a work session next Tuesday. On Thursday night, several board members urged going ahead and making a choice. The panel voted 5-4 recently to hold up while discussing further the type of leader the board will be trying ... (click for more)

Firefighters Respond To Commercial Fire In Alton Park

The Chattanooga Fire Department on Thursday responded to a fire at Metalcasting Minerals Technologies at 3406 Alton Park Blvd. with five fire companies. Battalion Chief Ashley May said a hopper was full of combustible materials and a small area was on fire. Firefighters opened the hopper's hatch and applied large amounts of water and foam to the burning coal dust-type material. ... (click for more)

Baylor Bounces Back To Earn Finals Berth Against Briarcrest

MURFREESBORO – There’s good news and bad news concerning the Baylor volleyball team. The good news is that they will be playing Briarcrest on Friday morning at MTSU’s Murphy Center for the Division II-AA state volleyball title. The bad news is that they’ll be facing that monumental challenge without the services of their best player and team leader Gabby Gray. The Lady ... (click for more)

Signal Mountain Advances To Class AA State Final

MURFREESBORO – Never accuse the Signal Mountain volleyball team of ever doing anything the easy way. The Lady Eagles, who entered the TSSAA state tournament here as a possible favorite to win the Class AA division, started off the tournament on the wrong foot Wednesday as they lost to defending champ Sullivan South in their first match. They staved off elimination with a 3-0 ... (click for more)