We’ll start with a look at red flags that might indicate an issue with theft, fraud and contractual violations. Here are some things that should trigger further investigation when overseeing logging operations:
Even with a few employees, careful planning can ensure there remains a separation of duties and a business control environment that keeps people honest.
Between 2010 and 2018, Lamar Adams continued his fraud scheme by tapping the Ole Miss network. In March 2019, Receiver Alysson Mills sued Ole Miss quarterback Stewart Patridge, his mother Gee Gee Patridge, Jason Cowgill, Martin Murphree, Mutual of Omaha, and Bankplus, in an effort to recover funds for victims of Lamar Adams’ newest fraud … Continue reading And the Beat Goes On
Last month we started the conversation about what could be called the largest Ponzi scheme in Mississippi history. The scheme promised investors a 13% rate of return on their investment and were given 12 signed checks that were post-dated over a period of 13 months to show the “guarantee” of results. There were even some … Continue reading A Tale of Timber Schemes (Part 2)
Greetings! I have gotten several questions over the past few years about the “big fraud case in MS”. And I’ve followed the case in the newspapers but they didn’t really spell out the case very well. So I asked a reader who lives in MS about the case and he and his spouse pointed me … Continue reading A Complicated Tale of Timber Schemes
Greetings! I have talked frequently in this newsletter about the unique challenges of landowners trying to not only find a source for harvesting their timber, but more importantly finding one that is ethical and will do the work as agreed and pays per the contract agreement. Your woodland is a considerable financial investment and a … Continue reading Caught Three Times