How did the Bridges allegedly embezzle so much money from the Jackson Area Federal Credit Union. Tis a question asked over and over in Jackson this week. Fortunately, JJ obtained exclusive video of how the alleged scheme came to be.
Note: Leigh and Chad Bridges have not responded to the credit union's lawsuit. Their attorney, John Collette, waived service of process so they have sixty days to respond.
Residents of their neighborhood said they had never seen so many Amazon boxes at one house as at the Bridges home.
39 comments:
How does one believe that they will get away with this ? Should they have moved the money to an offshore account and left for Honduras ?
“Accounting Theory.”
It's astonishing the lengths people like the Bridges will go to in order to appear wealthy. How pathetic. The day they have to report to prison will be a very good one.
How do the other members of the credit union leadership explain not noticing their executive suddenly living far beyond what they paid her?
Ha! This video is so on point. "Two sets of books, one for the government (CU) and one for us."
When will she be arrested?? This is why i don’t use credit unions
Either they don’t care or just stupid. Don’t use credit unions
We need a crypto dollar issued by the fed to skip credit unions and banks. Credit unions can’t be seen as a safe place anymore
KF take a look at the certificate of service. It looks like they have separate counsel which makes me wonder if they may be postering against each other.
Anyone (and I do mean anyone) who feels so low, that purses and other junk makes them feel good about themselves is just sad! I have certainly been guilty of the "I want" bandwagon at times, so I am not casting stones, its just sad to me to have that little self respect, and self worth.
Not only did this apparently happen in Jackson; but, it is possibly currently happening in Oxford. A certain steakhouse that is supposed to be being built in Oxford has its owner raising money through a VIP club called the Colonel Club. The goal is to raise $2 million. Now, why would a restaurant owner who has already announced his new restaurant is to open this fall be raising money this summer for a Colonel Club? Sounds like he got the cart before the horse. Unfortunately, he has done this twice before in Alabama and Tennessee and those restaurants never opened. Apparently, dishonest people don’t just work for local credit unions.
I have a sister, who suffers from a very serious problem, similar to what I’m getting from this situation, but much smaller scale. She literally gets off on spending money. The actual act of spending and buying. If there is a psychological expert out there, please explain this if possible.
No, you don’t. Unless you want the government to have power over the way you spend your money, and to be able to monitor and record every expenditure.
Again, who are these people?
"Step 2, we raise a million bucks. There's a lot of little old ladies in the world."
Mama needs a new purse on the low. My designer stickers keep peeling off. It’s time for a real one
When’s the liquidation sale ?
@2:59
It’s a dopamine addiction.
Our brains release the hormone known as dopamine as a reward. You get it when you climb a mountain, run a 10k, get that promotion, nail that presentation, pass that exam, etc.
meta long ago discovered you get it from “likes” and your content going viral.
You also get an easy (but not cheap) dopamine release when you shop and also waiting for delivery and unboxing of online shopping.
Agreed, 3:20. But 1:44 is probably a Trollabot, instructed to insert that particular "we need" into any applicable online discussion it (or associated webcrawlers) can find. It's surprising, actually, that they only recently found this group of news bits.
Love the 1960's version of The Producers with Mel Brooks. Hate the remake in te early 2000's because will ferrell isn't funny.
The big guy resembles Leigh Bridges.
4:15pm
Yes, do you mean dopamine as when a 20 something young man is hugged by a sweet, lovely young lady that he has genuinely, obsessively admired, praised and flattered for months. Or when a business contract favors him and he earns enough to salt away most of it to once more consider a Schott leather jacket he has lusted for for twenty years and can finally pull the trigger for one that surpasses all his expectations when it dutifully arrives and smells like manly leather on steroids? That kind of dopamine rules but , for most of us, is diminished with frequency and minimized when its cost derives from stolen lucre.
@ 4:15 Yes... A dopamine addiction...
And --just reading those LARGE amounts of JUST the Credit card payments makes me... well... physically nauseous. I am just struck by the ENORMOUS scale that this fraud is. This has to be at the TOP of the list of Financial Frauds this state has seen. This is for them has to mean
1. GREED
2. ENTITLEMENT
3. THRILLING - *Maybe even a personality disorder.... However, most folks with mental health conditions normally do not commit fraud. I would guess this duo.. and their TINA may not be resting as well on those fine Italian silk sheets.
I will say this .....That is going to be on heck of an auction.
That took about four clicks to find him. One to watch.
Put these igits in jail along with Pheel, the News, AND chokwe. I do not hear people defending the TANF scandal with Lumumba. In fact - has anyone defended it? Or the Bridges?
It's an addiction....meant to fill the empty human void within them due to perceived rejection, abandonment, and criticism from their families of orgin. That anger is then taken out on vulnerable individuals, organizations, or society. The bigger the hurt, the more vacant the conscience, and thus the more damage is done to others. Their mindset is: "The world (i.e. my parents/family in truth) has hurt me, and I'm going to get what's coming to me...so stay out of the way, or you're going to get hurt".
I have a friend who gets a dopamine rush from not spending money. She is the cheapest person I've ever met, gets her jollies eating off my plate in restaurants, always orders the cheapest thing on the menu, handmakes tacky "gifts" (that no one wants), brags about how thrifty she is, and gets all her clothes as hand-me-downs from another friend who is the same size. She has money. She just refuses to spend it, preferring to mooch off other people's money.
What crime did Bryant commit?
You are obviously not her friend.
@8:21 - I'm becoming less of a "friend" as time goes by. I'm tired of being used as her bank account and tired of her just happening to be passing by our house at dinnertime so she can cop a free meal and take home the leftovers for her next free meal. She loves OPM (other people's money).
Ooooo.. that smarts! Way to look down on a "friend". She probably makes 1/3 or 1/2 $$ what you do.. probably tryin to squirrel away for unknown future needs. But you're right, she needs to distance herself from you.
So how were the FBI not called? Where are the men in windbreakers at their house at 6am serving a warrant? Placing people in cuffs. At the bank with yellow tape telling everyone to step away from the computers? The National Credit Union Administration, which regulates federal credit unions, put the Jackson Area Federal Credit Union in conservatorship on May 6, per their website. So they obviously discovered money missing yet no one calls the US Attorney office or the FBI??? WTF and the other question….where was the oversight. They been stealing for years yet no one notices this money is missing?
"Thou shall not steal" - God.
A big ole finger needs to appear from the heavens to send a smite bolt down upon the wicked, I say!
The FBI only recently learned of this massive embezzlement. It takes considerable time for them to do an investigation, and then arrests can be made once they have all the evidence to prosecute the perps for the charges the FBI believes it can prove. The current charges are just civil. Criminal charges should come once their investigation concludes.
WHAT IF the millions spent on jewelry and luxury bags were used to help provide inventory to a particular luxury retailer? While expensive, the purse room couldn’t possibly have a million dollars worth of second hand Birkin bags.
At what point in the legal process will the IRS get involved?
1:14, Google AI says “On the pre-owned market, standard leather Birkins generally start between $12,000 and $15,000”.
Man, just imagine how many volleyball courts could have been built with that money.
We really don't need any more volleyball courts with declining college enrollment numbers and all. However, I saw on the Bloomberger that beef prices were high and going higher! Another beef plant is just what this state needs to provide jobs and economic equality!
When the CEO tells the board what to do, they can get away with everything…also they should go back farther than what they did looking for money. Lawsuit was filed to recover what ever money they could. They will go to jail afterwards.
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