Attorneys May Quiz Jack Brown Further In Alleged Ponzi Scheme Case

Thursday, April 18, 2013

Attorneys said they want to question former Soddy Daisy tax advisor Jack E. Brown further concerning an alleged $12 million Ponzi Scheme.

Bankruptcy Judge John Cook on Thursday directed that attorney Tom Ray continue as his attorney for the time being.

Attorney Ray had asked that he be allowed to withdraw, saying he has worked far beyond his $10,000 retainer. He also said the case is essentially wrapped up.

He said the Browns have vacated their upscape compound north of Soddy Daisy and taken the few items they were allowed to keep.

He said a two-hour creditors meeting was held at which Jack Brown willingly answered questions.

Bankruptcy Trustee Jerry Farinash and Nicholas Foster of the U.S. trustee's office said they have many additional questions.

Trustee Farinash said, "There are hundreds of pages of documents that we'd normally question him about." But he said the poor health of the tax advisor had limited the questioning opportunities.

He added, "We haven't even touched the surface yet."

A new date for the questioning has not been set.  

 


Arrest Made In Case In Which Man Says He Was Robbed By 2 Women Armed With Large Knife

An arrest has been made in a case in which a man said he was robbed by two women armed with a large knife. Amber Nicole Gaston, 32, of 1511 S. Orchard Knob Ave., is charged with aggravated robbery. In the incident on Friday, Antonio Hardaway said he spoke to a female on the phone. He said he had met her once before at a convenience store, where he asked for her phone number. ... (click for more)

Missing Man, Paul Parr, 64, Found Wednesday Morning

Paul Parr, 64, who was missing, was located Wednesday morning.    Mr. Parr was last seen walking in the woods at 5764 Highway 153 around  9:51 a.m.  on Tuesday.     (click for more)

Women Don't Ask For Rape, They Ask For Justice

The stereotypical irrationality that women typically lie about rape has brought an enormous amount of social stigma to this population. Many like to think that rape is not a huge issue in the United States, and that the media blows it out of proportion. The Federal Bureau of Investigation (FBI) reported that approximately 17.7 million females in America have been raped, with 108,612 ... (click for more)

Roy Exum: Happy Birthday, Mr. Berg

This past Monday we should have closed the Post Office, let kids out of school, and lowered our flags to half-mast. March 2 is the anniversary of Moe Berg’s birthday and the legendary Casey Stengel once said Moe was “the strangest man ever to play baseball.” Moe played major league baseball for 16 years, finishing with the Boston Red Sox in 1939 and a lifetime batting average of ... (click for more)

Double Overtime Thriller: Central Boys Going To State

For all the folks who came to Chattanooga State Tuesday night for the Class AA sectional battle between Livingston Academy and Region 3-AA champ Central, they got their money's worth and more. And they even got some free basketball to boot. Needing a couple of overtimes, the Purple Pounders will be heading to Murfreesboro and MTSU's Murphy Center next week for the TSSAA State ... (click for more)

Blackman Blazes A Trail To State By Bashing Bradley, 55-35

(Story will be updated) MUFREESBORO, Tenn. – The Class AAA state champions are still alive and well. Blackman raced past outmanned Bradley Central, 55-35, Tuesday night in a Class AAA sectional victory that blazed a path right to the boys state tournament at nearby Middle Tennessee State University starting on March 11. The Blaze (24-5) will be making their fourth ... (click for more)