FBI Agent Said Losses Totaled $40 Million In Fraud At Dade County Development

Tuesday, April 29, 2014

FBI Agt. Stan Ruffin testified Tuesday that the loss associated with a fraud at The Preserve development in Dade County, Ga., to banks totaled $40 million.

Federal Judge Curtis Collier heard the testimony in connection with the sentencing of Josh Dobson and Paul Gott, who were convicted in an earlier trial.

Attorney Jerry Summers noted he is seeking zero prison time for Dobson, while the prosecution is at 151 months.

The hearing was cut off late Tuesday morning when Judge Collier said portions of the ceiling above him in the main third floor Federal Courthouse were falling - apparently from the overnight storm.

It resumed in the ground floor courtroom of Judge Sandy Mattice after lunch.

Then it was stopped later in the afternoon at the request of prosecutor Perry Piper. He said it related to "a horrible accident to an FBI agent."

Judge Collier said the hearing will resume at a time to be determined.

Agt. Ruffin said the banks loaned $44 million on the project in which "buyers" were told that the company would pay their down payment as well as make initial mortgage payments for up to several years.

He said SunTrust Bank and Farm Credit Bank lost $28 million on the project at Johnson's Crook near Rising Fawn, Ga.

The restitution amount was earlier put at $13.7 million, but the prosecutor said that was being dropped to $3.4 million based on the cases that were specified for the purposes of the indictment and trial.


Walker County Arrest Report For Nov. 23-29

Here is the Walker County arrest report for Nov. 23-29: RICHARDSON         CHARLES      ALLEN           WM     20        Officer MILLER         PROBATION VIOLATION (F) ... (click for more)

Latest Hamilton County Jail Booking Report

Here is the latest jail booking report from Hamilton County: BAKER-WADDELL, MICHELLE FAYE  1501 E 36TH ST CHATTANOOGA, 37407  Age at Arrest: 40 years old Arresting Agency: Hamilton County DRIVING ON REVOKED, SUSPENDED OR CANCELLED LICENSE --- BALDIZAN, JOHNNY  6574 EAST BRAINERD RD APT 214 CHATTANOOGA, 37421  Age at Arrest: 45 years old Arresting ... (click for more)

Misconceptions About Ban The Box

Mr. Exum,  I want to invite you as a guest speaker at the NAACP General Membership meeting.  I believe we can accomplish our goals and clear up any misconceptions about Ban The Box and the role of the NAACP in a much more meaningful manner face to face.   In that vein I would like to invite you to have coffee with me at Panera Bread.  I will not make a ... (click for more)

Roy Exum: My Great Thanksgiving

In order for you to best understand this, last Thursday was the first Thanksgiving I have ever spent alone.  Don’t misunderstand, I had a fistful of kind invitations but I am the only remaining member of my immediate family around here and I guess I started dwelling on that a little too much as the holiday neared. Making out my “thankful” list helped, and I ate enough with ... (click for more)

Unbeaten Texas Hands Lady Vols First Loss, 64-53

KNOXVILLE – The Tennessee Lady Vols won their first five games of the season, despite playing sub-par basketball against lesser-talented teams. They weren’t quite so lucky here at Thompson Boling Arena Sunday afternoon before the largest crowd of the year at 10,204 fans. The eighth-ranked Texas Longhorns ended Tennessee’s 27-game home winning streak with a 64-53 victory ... (click for more)

No.1 UConn Women and Breanna Stewart Face Mocs Monday

“By late Monday night, UConn’s Breanna Stewart will be on a very short list of the greatest female players to ever play at McKenzie Arena.”   -- UTC women’s basketball coach Jim Foster   America’s most talented female player - Breanna Stewart - on the best women’s college basketball team in the land -   UConn – is in town for a one night showing, ... (click for more)