Collection of all Frazier case posts.
Will a judge revoke Claiborne Frazier's probation? A revocation hearing is scheduled for the former Jackson Academy football star and developer in U.S. District Court on July 29.
Frazier pleaded guilty to wire fraud, mail fraud, and conspiracy to commit bank fraud in 2014. U.S. District Judge Keith Starrett sentenced him to sixty months in prison and supervised release for three years after release. He also ordered him to pay $8.5 million in restitution to his victims.
The convict went to prison but appealed everything in sight. He appealed the guilty plea. He filed motions to vacate, for bond, reconsideration, you name it, he filed it as he finished his prison term and moved on to his term of supervised release.
However, this little notice popped up:
The hearing to revoke or modify defendant H.Claiborne Frazier supervised release previously scheduled for June 30, 2021at Courtroom 1 (Hattiesburg) Starrett, Federal Building & UC Courthouse, 701 Main Street, Hattiesburg, MS has been rescheduled by the court.
The United States Probation Office has determined that defendant H.Claiborne Frazier, has potentially violated the terms of his/her supervised release. As a result, a hearing to revoke or modify the defendant's supervised release has been scheduled for July 29, 2021, 10:00 AM, at Courtroom 1 (Hattiesburg) Starrett, Federal Building & US Courthouse 701 Main Street, Hattiesburg, MS before Judge Keith Starrett.
Attorney Steven Eckert represents the defendant.
JJ reported on December 18, 2012:
A federal grand jury indicted Claiborne Frazier, Austin Frazier, and C.E. Frazier, Jr. on December 12, 2012 for mail fraud and money laundering. The grand jury also indicted Spencer Copeland for money laundering. C.E. Frazier, Jr. is the father of Austin and Claiborne. Mr. Copeland is the step-brother of Austin and Claiborne. The defendants have been taken into custody.
The indictment is seventeen pages long and alleges the Fraziers used their companies to defraud several banks and other parties since 2001. The first count charges Claiborne, Austin, and C.E. with engaging in a conspiracy to defraud BancorpSouth and Merchants & Farmers Bank. The Fraziers allegedly used fraud to obtain construction loans from the banks. The indictment states the Van Buren condos in Oxford were part of the scheme. Frazier Construction borrowed $5.4 million from Bancorp South to finance the construction of the Van Buren Condominiums. Claiborne allegedly sold some of the condos in cash transactions and diverted the money from repaying the loan. Claiborne would then provide warranty deeds to the buyers without providing a release of the lien from the bank. An earlier post on JJ states:"BancorpSouth lent $5,400,000 to Van Buren Group LLC to build thirty condominiums in Oxford on September 5, 2001. Claiborne Frazier is the managing member of Van Buren. The debt was guaranteed by Austin Frazier, C.E. Frazier, Shelby Brantley, and Robert Crumpton. Van Buren defaulted on the note and BancorpSouth obtained a judgment in 2008 of $1,214,533 (plus interest of 8.5%). BancorpSouth claimed Claiborne sold seven units without turning over the proceeds of the sale to the bank in order to pay off the note. 21 units were sold by Van Buren, the proceeds of each sale were used to retire the debt. The bank alleged Mr. Frazier sold units for $251,289 (2003), $266,716 (2005), $265,857 (2003), $182,000 (2005), $250,418 (2003), $399,000 (2004), and $300,000 ($50,000 was paid to BancorpSouth). The bank claims other units may have been sold in similar fashion. The foreclosure and tax sale of the condos were the subject of a separate ruling by the Mississippi Court of Appeals. The foreclosure and tax sale of the condos were the subject of a separate ruling by the Mississippi Court of Appeals.". Earlier post
The indictment states the Fraziers would tell the bank the condos had not sold while they pocketed the cash. However, Van Buren was just a practice run for the Fraziers. They created another company, Olde Colony, LLC. in October, 2001 to develop property in Ridgeland. Naturally they "solicited investors" and obtained a $2.86 million loan from M&F Bank in 2004 to build properties in Ridgeland. The indictment alleges they forged the signatures of an architect in order to show progress on the project and obtain funds from the bank.
Then there was Travelers. The case that attracted JJ's interest in this story. The indictment states the Fraziers provided phony information to the insurance company in order "to conceal" payments to Claiborne Frazier. Travelers was the bonding agent for a construction project. Several Frazier subcontractors filed bond claims with Travelers as they alleged they were not paid for their work. The indictment (pages 9-11) lists several payments meant for Star Masonry that were diverted to the Fraziers. The Fraziers closed Frazier Construction in 2008.
While Spencer Copeland escaped charges of fraud, the grand jury indicted him for money-laundering. The grand jury alleged Spencer, Austin, and C.E. Frazier deposited checks payable to Frazier Construction into Spencer's bank account at Regions and M&F so as "to conceal from Travelers the nature, the location, the source, the ownership, and the control of these funds and thereafter divert these funds fro the co-conspirator's own use and benefit.
The Fraziers also allegedly opened another company, Construction Tech Solutions, Inc., with C.E.'s construction license and moved assets from the bank account of Frazier Construction to Construction Tech Solutions. Pages 13 and 14 of the indictment list the specific transactions.
The indictment then alleges "It was part of the conspiracy that the co-conspirators would cause funds derived from Frazier Construction assets to be withdrawn in the form of official checks from the M&F bank account xxxxx in the name of Spencer Copeland and from the Trustmark National Bank account xxxx in the name of Spencer Copeland and thereafter provided to an unindicted co-conspirator for use in the purchase of a storage unit business located in the state for Georgia for the benefit of defendant A. Frazier. (KF Note: The unindicted co-conspirator is probably Nan Copeland, the mother of Claiborne, Austin, and Spencer. The Travelers civil suit against her mentioned these actions.).
The indictment also states the "unindicted co-conspirator" deposited $120,019 in to her bank account at Regions and wired the funds to Compass Bank in Alabama "towards the purchcase of a storage unit business in Macon, Georgia for the benefit of A. Frazier."
Stay tuned.
Kingfish note: The federal system does not suspend sentences. Post-release supervision means if the convict screws up even one day before the term expires, the judge can make him serve the entire term of post-release supervision.
15 comments:
yada yada. Unless I missed it (is it concealed in the minutia?) you say nothing about which terms of probation (supervised release)have been violated. In other words, WHY would he be sent back to jail if he's served his time?
Once a crook...
Forgotten about this collection of scum bags, children and parents.
Didn't the dad, CE, go to jail on a separate issue? Another example of Jackson Country Club alums gone bad. Interesting marital history for this group, as well.
Are all of these fraudsters drinking the same water?
Any idea what he did to violate the terms of his supervised release?
former Jackson Academy football star???? must have been a real Al Bundy!
It's my understanding that when you are on parole you are still "serving your time". You just got out of jail early and are supervised by a parole officer. Screw up and you go back in the slammer to serve out your sentence. What he did, or failed to do, will come out in the hearing.
So the story here is that a JA education doesn't fix stupid.
@ 11:06 There is no parole in the federal system. PRS is just that, post-release supervision. It is, as you say, a criminal justice sentence, and -- depending on its terms and the severity of the violation(s) -- you can go back into custody.
Unlike some posters I take no joy in watching a person throw their life away. Yeah he seems a highly privileged scumbag but who am I to say.
Truth is an awful lot of folks need killing but this poor fellow seems pretty far down the list.
I read an email this morning from one of my kids' college room-mates. She and three of her siblings are physicians, specifically serving where needed the most. The outlier is a CPA. Why can't everybody be like that? I don't know. Wish they were.
Never heard him referred to as a football star. Was he even all-conference? Must be a subtle dig at JA for whatever reason.
No better than a common street thug in Jackson. Lock ‘em up and keep em.
Good job JJ in the introduction to this discussion. So he went to JA and played on the football team.
You really showed JA up. Why not tell us his race, church, clubs and organizations, neighborhood he
lived in and college he attended while your at it. Keep up the good work!
Kingfish referring to the guy as a former football standout at J.A. is his not so subtle way of pandering to the black crowd by highlighting the fact that this boy is white and privileged. The goal of ratcheting the convo up to a race level is noted.
See the movie Spread aka the Caliborne Frazier story.
Any word on Frazier
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