And then there was one. US District Judge Carlton Reeves consolidated all major civil lawsuits in the Lamar Adams case for discovery.
The SEC is trying to claw back illegal profits earned by Lamar Adams and promoters of a $164 million Ponzi scheme based on phony timber investments. Receiver Alysson Mills represents the SEC. She will recover assets, distribute them among the victims, and provide progress reports to the court. Adams is incarcerated in federal prison after he pleaded guilty to one count of wire fraud.
The consolidation includes defendants Bankplus, Trustmark, the UPS store, Baker Dawson, and River Hills Bank.
4 comments:
Routine
American Greed fodder. In fact, they could create an entire season of MS stories.
'They could create an entire season out of how McHenry managed to skate (so far)'
Burn it will you can, Bill. Hide what you can't. She'll spend the rest while you're up-river.
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