Trustee Says Jason And Janet Brown Refusing To Answer Questions; Paying Lawyers

Wednesday, February 20, 2013

Jason and Janet Brown are refusing to answer questions about the case in which a Bankruptcy Court trustee alleges they were part of a $12 million Ponzi Scheme that defrauded dozens of "investors," Nicholas Foster of the U.S. Trustee's Office said.  

In a motion filed in court, he said the two Browns invoked the 5th Amendment regarding not incriminating themselves when an attempt was made to interview them.

Jason Brown is the son and Janet Brown the wife of Jack E. Brown, who headed Brown's Tax Service at Soddy Daisy and who offered clients returns as high as 15 percent if they would turn over their money to him.

Many of the clients, including many from the Soddy Daisy area, were left with only promissory notes to show for their investments.

Attorney Foster said Janet Brown answered only three questions during an hour and a half session. She gave her name, her son's name and said Mike Little was her attorney.

However, he said Kimberly Brown, wife of Jason Brown, did agree to talk. He said she stated that the couple had paid attorney Jerry Summers $44,000 to represent Jason and paid attorney Marty Levitt $2,500 to represent her.

Attorney Jerry Farinash, trustee in the involuntary Jack Brown bankruptcy, has asked for a hold on the assets of Jason and Kimberly Brown as well as Janet Brown, saying they are paying out money gained in the scheme for attorneys and other expenses.

Attorney Foster said dozens of questions were posed to Jason Brown on Feb. 5, but, with attorney Summers present, he declined to answer them all.

Attorney Tom Ray said Jack E. Brown is anxious to give a statement in the case, but he said he was not physically able to be brought in an ambulance for a creditors' meeting on Tuesday. 



Latest Hamilton County Jail Booking Report

Here is the latest jail booking report from Hamilton County: BARRERA, JAVIER ZAVALA  2715 WOODSIDE STREET CHATTANOOGA, 37407  Age at Arrest: 38 years old Arresting Agency: Chattanooga ASSAULT --- BROWNFIELD, STEVEN DERRICK  185 AZALEA AVE DAYTON, 37321  Age at Arrest: 32 years old Arresting Agency: Hamilton County THEFT OF PROPERTY UNDER ... (click for more)

Hutcheson Medical Center Trustee Asks Use Of Funds From Clinic Sale To Obtain DISH Funds

The trustee for Hutcheson Medical Center is asking to use proceeds from the sale of the Chickamauga Clinic in order to help obtain Disproportionate Share (DISH) funds from the state of Georgia. Trustee Ronald Glass said, in order to get $1,138,159 in DISH funds, the hospital must transfer $369,333 through the Hospital Authority of Catoosa, Walker and Dade Counties. He noted ... (click for more)

An Extra Helping Of Gratitude

After being thankful for the grace of God, my family and good health, this year I have an extra helping of gratitude to live in a special place called Chattanooga.   We endured the trauma of terrorism on July 16 and emerged more united and stronger than ever before.  We claim our heritage and celebrate our diversity like no other city in America.  We honor our ... (click for more)

Why I Am Thankful, 2015

I can’t really remember when I first started this – sometime in the 1970s – but my favorite column every year comes during Thanksgiving when I literally pause and use my fingers to thank God for all His richest blessings. The year 2015 has been bountiful so here are just a few of the things I will carry in my heart as I take my place at today’s table: I AM THANKFUL that tomorrow, ... (click for more)

UTC Rallies to Top Arkansas State, 55-54

Just call ‘em the comeback kids, and kids – i.e. young ladies – who are plenty thankful for a win on Thanksgiving Eve. For the second time in three games, the UTC Mocs (4-2) rallied for a win as they handed previously unbeaten Arkansas State (3-1), 55-54, its first loss of the young season in McKenzie Arena Wednesday night before 1,189 fans. Down by as many as 17 (44-27) ... (click for more)

Jones Thankful For Resiliency, Resolve Of 2015 Vols

The day before families gather around the table to celebrate Thanksgiving, Tennessee football coach   spoke about what he and the Vols are thankful for. "It's a time to reflect and we have so much to be thankful and grateful for in really the resiliency and resolve that this football team has shown, the growing of this football team and the growing of this football program," ... (click for more)