Jackson Jambalaya

Is it possible for him to have a plea agreement with the Federal Prosecutor that would absolve his son if he plead guilty? Also, since these are Federal charges, does this prevent prosecution in State/District Court?

So it was the elder Lane that stole the money, or is he taking the fall for his son? I'm a little confused on that one?

He's 78; what do y'all think... Good grief, this State is full of corrupt, stupid people.

David the younger is absolutely as guilty as his father. If not more so. The elder is simply throwing himself on his sword. If the younger Lane walks, it will be a travesty.

I notice among all the government agencies taking credit for this, none of them thanked the lady on the Bridgewater board who actually caught this guy.

Gen. Mike Flynn pled guilty in order for the feds to drop the case against his son.

I think we are seeing that here as well.

Seems like managing multiple HOAs could be a very, very lucrative business for an honest person. Or an open invitation for a crook.

Amazing that people don't choose to find a simple way to protect their collective funds. Funds collected, expenses out, final balance at the end of the year. Simple math.

"Lane falsely represented to the bank that he was authorized to make these withdrawals from the HOA accounts."

So, to be clear - a bank simply takes someone's word that he has the authority to shift money around and convert it to personal use, make withdrawals, etc.?

'Oh, hey...It's fine if I do this. No problem."
"Oh, OK. Have a good one. Here, take one of our green suckers."

this should be lesson in buying a home in a neiborhood that has a owners association that you must pay monthly dues to .
all of these homeowners associations are set up as NOT FOR PROFIT corporations.
there is not a legal entity in this country that are subject to less financial scrutiny than NFP CORPORATIONS.NFP corporations are routinely embezzled from by , in this case a 3nd party, but most often the persons elected to the homeowners or condominium board.
usually the by laws AND declaration of these boards require that the boards finances be audited every year ,hopefully to prevent embezzlement and fraud.
its easy for people to get on these boards so long as they own property in the neighborhood or condo project and also because its a job not many people want to undertake.
con artists routinely look for opportunities like this to bang a Home Owners association out of thousands of dollars,
and just call it a ''business deal gone bad'' when they get caught.
if they ever get caught that is.
IF YOU ARE A MEMBER OF A HOA GO CHECK AND MAKE SURE THE HOA HAS BEEN PROPERLY AUDITED, AND DONT BUY ANYTHING IN A NEIBORHOOD CONTROLLED BY AN HOA THAT HAS NOT BEEN PROPERLY AUDITED.
and next to nothing happens when they do get caught. HOAs are a fraudsters paradise.

Look around at who your HOA officers are. They're all control freaks, some just not as blatantly outward about their illness. I have no idea who steals or doesn't, but their true pleasure comes from being able to dictate.

They either got passed over for multiple promotions, never made cheer-leader, rode the bench, got put out early in dodge-ball, still had training wheels on their bike at age ten, constantly competed for the role of teacher's pet or thought they were in charge of the neighborhood tree-house.

They're sitting there right now, mentally composing their next memo telling you what to do...or deciding whose bush is too close to the street.

So where is the $2 million now? What did he spend it on?

9:07 My somewhat informed opinion is that the $2mm went into the black hole that is Lost Rabbit.

Lost rabbit pays HOA fees to the developer in Louisiana who does not provide financials. They provide an income statement only. They do allow the HOA members to elect advisory board who are not allowed to do much other than parties.

Restitution? Claw back of ill gotten assets? What a deal for his crooked son.

Probably house arrest because old crooked turd is seriously ill.

@2:09: My thoughts exactly. Maybe KF can investigate to determine if any of the defrauded HOA’s have sued the bank for negligently allowing Lane to access the monies in these accounts and embezzle some for himself. If what KF reports and implies is true, then Lane was not legally authorized to access and take control of these funds, but the Bank allowed him to because Lane told them it was all good. It’s not altogether surprising that a bank would do this (many such cases of improperly allowing access to accounts based on “his/her word”), but problematic nonetheless.

2022-02-11:
When do we find out what slap on the wrist he got? Haven't seen anything.

Anyone know if this Thug POS was ever sentenced? I can’t find anything.

I knew David Lane was a crook from the beginning. I had several issues at my Condo that the HOA was due to fix but he kept coming up with excuses not to fix the problem. Their rates are too high for the small neighborhood where I live. His son should be serving time as well. I've heard that Mr Lane has a medical issue and may have a chance of not serving a long term. He's just like the Bret Favre's, Ted DiBiase, Phil Bryant and the rest of the group stealing money. These folks think they are never going to get caught. David Lane and his son should be forced to live in Dog house .

David Lane should rot in jail like Phil Bryant and Brett Favre....