Trustee In Jack Brown Ponzi Case Reaches Agreements With Janet Brown

Friday, January 25, 2013

The trustee for the bankruptcy in which Soddy Daisy tax advisor Jack E. Brown is charged with carrying out a major Ponzi scheme said Thursday he has reached some agreements with Brown's wife, Janet.

Attorney Jerry Farinash told Bankruptcy Judge John Cook that Ms. Brown will not oppose the sale of certain family assets, including Brown's Tax Service.

In return, Ms. Brown will not be required to testify at a hearing that had been set.

Also, he said an upcoming creditors meeting has been postponed.

Trustee Farinash said Janet Brown has agreed to release records of family accounts in Community National Bank and First Volunteer Bank.

The trustee recently filed suit against Janet Brown as well as Jason Brown, son of Jack and Janet Brown, asking the court to order that they not dispose of any assets that might have been obtained from the alleged $12 million Ponzi scheme.

The suit said Ms. Brown was listed as a 25 percent partner in Brown's Tax Service, but it said the operation was primarily run by Jack E. Brown, who is in failing health.   


Big River Grille Employees’ Fight Over Apron Ends In Arrest

A fight over a stolen apron ended in an arrest for employees at Big River Grille, police said. After arriving on scene Sunday night, police said they spoke to two victims who had abrasions on their faces. The female victim told officers that she had confronted her co-worker, Tyree Scott, about stealing her server apron. She said Scott became enraged and attacked her, ... (click for more)

Man Arrested After Following Couple Home, Threatening Them

David Eugene Graham, 72, was arrested after following a Harrison couple to their home and threatening them Tuesday evening, police said. James and Amy Tillman told sheriff’s deputies that they were traveling to their house on Stoney River Drive when they came up behind a Mercedes driving slowly and periodically stopping. They said the car turned into their neighborhood and ... (click for more)

Judge Steelman Was Unfairly Criticized In Handling Of School Bus Driver Rape Case - And Response

We are blessed to have freedom of speech in our society, but I am always amazed at the number of folks who voice such strong antagonistic opinions about things without any apparent first-hand knowledge.   As any who wish to criticize the system should know, people get arrested and charged for criminal offenses every day.  The ultimate charge and penalty which results ... (click for more)

Roy Exum: Vote For Rhonda Thurman

After studying the Hamilton County School Board quite harshly during the last seven most-tumultuous months in its history, it is only proper that I share my belief that Rhonda is its Most Valuable Player. Four of the school board’s nine members are up for re-election, with Rhonda facing capable opponents in Jason Moses and Dr. Patti Skates in District 1, but let’s never forget that ... (click for more)

Williams Hired To Lead Restart Of Owls Boys' Basketball

Jay Williams has been hired as Ooltewah’s head boys’ basketball coach, a program rocked by a rape scandal last December that eventually led Hamilton County School officials to disband the varsity team and cancel more than half its schedule. Williams, who has strong ties to Ooltewah High School, previously coached at LaFayette School and Northwest Whitfield high schools in Northwest ... (click for more)

TSSAA Sets Future Division I, Division II Classifications

The Tennessee Secondary School Athletic Association’s Board of Control has released the minutes from Wednesday’s meeting in Hermitage pertaining to football classification period for the 2017-18 and run through 2020-2021 1.  Roll Call 2.  Division I and Division II Classification The Board of Control voted the following for the classification period that ... (click for more)