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


Marty Haynes Can Change The Outdated Practices Of The Past

I’m writing this letter in support of electing County Commissioner Marty Haynes as our next assessor of property in Hamilton County.  I have worked on committees with Marty and have been involved in community projects. I have found that when Marty takes on a project, he takes it seriously. He cares about the community and the people he serves.  He also takes on projects ... (click for more)

Tom Greenholtz Places Service Before Self

It has been my privilege and honor to have known Tom Greenholtz for half of my life. I know no finer person, no superior intellect, and no greater generosity of one’s self than can be found in Tom Greenholtz.  Tom is humble, and he has never been one to seek publicity or prestige.  To the contrary, he has worked quietly in the community, trying to do his part to make ... (click for more)

Alexander Says Chickamauga Lock Construction Will Continue For 2nd Consecutive Year

Senator Lamar Alexander says the latest Army Corps of Engineers Work Plan includes great news for East Tennessee – and everyone who benefits from river traffic passing through the Chickamauga Lock in Chattanooga. In addition to funding slated for the first three priority projects of the Inland Waterways Trust Fund, the Corps of Engineers’ plan includes $29.9 million to continue ... (click for more)

Bradley County Schools "Very Saddened" By Switch To Pen And Paper Testing

Dr. Linda Cash, director of the Bradley County Schools, said school officials were "very saddened" by the move to pen and paper on taking the TNReady testing after a crash of the online system. She said, "Bradley County Schools would like to thank all of our students and teachers for the hard work you have been doing to prepare for TNReady. However, we are very saddened to hear ... (click for more)

Bradley Early Favorite In Region 4-AAA Wrestling

CLEVELAND, Tenn. -- We're getting down to the fun part of the high school wrestling season. All of the dual meets have been held and the State Duals are complete as well. Now it's time to see how many individuals each team can qualify for next week's traditional state tournament and that's the purpose of this weekend's regional action. The Bradley Bears, who breezed to ... (click for more)

Chattanooga Football Club Releases 2016 Schedule

Chattanooga Football Club has released the match dates and times of its 2016 schedule. Highlights include the league home opener against Nashville FC on  Saturday, May 21,  and a Fourth of July weekend regular season finale at home against rival New Orleans on  Saturday, July 2 . Chattanooga FC competes in the National Premier Soccer League (NPSL). Chattanooga ... (click for more)