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. 

 

   


Alexander Laments The Passing Of Pat Henry

Senator Lamar Alexander made the following statement on Monday on the passing of Pat Henry, wife of Tennessee Deputy Governor Jim Henry: “Pat Henry spent her life caring for her family and for other families. For 40 years, she and her husband Jim have been a part of most of the good things that have happened in Tennessee public life. Honey and I express our deepest ... (click for more)

6 Legislators Aim To Strengthen Laws To Protect Law Enforcement

A group of six Republican state lawmakers on Monday announce proposals "designed to protect members of Tennessee’s law enforcement through the enhancement of criminal charges, commiserate punishment and personal safety measures." The TN Blue Lives Matter coalition includes three Senate members and three House members. A package of three bills was announced at the press ... (click for more)

General Bell: Chattanooga Needs The Coolidge Medal Of Honor Heritage Center - And Response

I'm pleased and indeed compelled to let you know a bit more about the exciting and most honorable "Charles H. Coolidge Medal of Honor Heritage Center" planned for Coolidge Park.     Here's what the Heritage Center will be:  It will be a fitting capstone for Chattanooga's Coolidge Park on Northshore in downtown Chattanooga.  While this exceptional Chattanooga ... (click for more)

Roy Exum: Where Will George Go?

George Will, easily one of the most respected conservative columnists in America and a Republican commentator, was a guest on Fox News Sunday yesterday when he made a very revealing statement. He announced he has left the Republican Party “for the same reason I joined it” and that he is not only disappointed by the party’s actions but its increasingly-inept leadership as well. ... (click for more)

Chris Douglas Repeats As Waterfront Triathlon Champ

Sunday was a hot, hot day, but that didn’t keep nearly a thousand local and regional triathletes from around the Southeast from putting their best foot forward in the annual Waterfront Triathlon in downtown Chattanooga. Chris Douglas and Sara Gibson were the overall winners in the International distance race, which started with a 1.5K (.93 mile) swim, followed by a 42K (26 ... (click for more)

Lookouts Capture Series From Generals With 6-2 Win Sunday

For just the fourth time this season, the Jackson Generals have lost a series with Sunday's 6-2 loss to the Chattanooga Lookouts at AT&T Field in Chattanooga, Tennessee. The Lookouts have won three of the first four in the five-game series in their quest to make it to the Southern League playoffs again. Aaron Slegers started for Chattanooga and picked up the win after eight ... (click for more)