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Message
re: Funny business in the Delta: Farmer, bankers accused of racketeering
Posted on 3/9/17 at 1:22 pm to LSUballs
Posted on 3/9/17 at 1:22 pm to LSUballs
quote:
"Recruited" makes it seem like he went out and found some random stooges. "The plaintiffs" were just some good ole baws working for their buddy Tommy's farm. It's not uncommon for farmers to create different entities in their wife, farm managers, kids, whatevers names so that they can get the government payments attached to a certain piece of property (not really illegal, just a way to get around the system). I think "the plaintiffs" knew that was going on, but didn't have a clue about any of the other.
No doubt.
Farms are structured all the time with the names of wives, children, and sometimes the farm manager. Happens everyday. But when Billy Earl and Johnny Ray on the disk tractors start getting their names on these farm entities, something is going on.
1
Posted on 3/9/17 at 1:23 pm to MWP
quote:
Are they out of money trying to operate it?
Is the State of LA out of money?
Yes, I think they are dealing with budget issues. Golf course everywhere are struggling, at best. A lot are folding up shop. I think hindsight they wouldn't have put so many damn bunkers out there in the first place. They are about the most labor intensive part of golf course maintenance.
Posted on 3/9/17 at 1:24 pm to prostyleoffensetime
quote:
But when Billy Earl and Johnny Ray on the disk tractors start getting their names on these farm entities, something is going on.
And the when Billy Earl's name changes to Billie Earle and he gets a separate entity something is reaaallllly going on.
Posted on 3/9/17 at 1:31 pm to Dire Wolf
seems to be a lot of big time stealing going on in small towns lately.
Ethel, LA man guilty in $9.5million fraud
Ethel, LA man guilty in $9.5million fraud
Posted on 3/9/17 at 1:42 pm to LSUballs
quote:
And the when Billy Earl's name changes to Billie Earle and he gets a separate entity something is reaaallllly going on.
Exactly... What's bad is if ole baw would have just been content on like 8000 acres, he could have taken the ones that lacked ambition, and as long as he kept their names right and gave them a good bonus at the end of the year to keep them happy, nobody would have given a frick and he would have made an absolute killing... Looks like Ole Tommy just got caught up chasing that biggest farmer in the area title and got wreckless.
Posted on 3/9/17 at 1:45 pm to prostyleoffensetime
Didn't read the article, but can you explain the benefit of using the worker's names on things? Thanks.
Posted on 3/9/17 at 1:45 pm to prostyleoffensetime
Nail on the head.
Posted on 3/9/17 at 1:55 pm to LSUballs
quote:
Is the State of LA out of money?
I know silly question but other golf courses seem to be kept up better. I love to play Grey Plantation in Lake Chuck and I have no doubt that their rounds per year have suffered tremendously with the casino courses invading the area but it's always in great shape.
Posted on 3/9/17 at 2:01 pm to The Mick
quote:
Didn't read the article, but can you explain the benefit of using the worker's names on things? Thanks.
So, on these entities, a person that has "ownership" in that entity has to either spend X amount of hours per year working on that farm, whether it be physical labor or office labor, or they have to be a spouse to one of these people... Usually these days it's people in true management roles and everything is fine... But sometimes, they'll bring a new name into the entity and give these people fake titles like equipment manager or grain shipping manager, shite like that. If they are on farm labor, then it's easy to explain it when questions start getting asked because that person really is working on equipment and shipping grain.
If you get off farm people to take ownership in these entities, you still have to give them those assignments, but really they don't do shite. So it's kind of risky because these off farm people usually don't know shite about farming and aren't there every day, so they're out of the loop on what's going on day to day. You start having to send them weekly email updates and stuff to keep them in the loop and cover your tracks in case the Feds come knocking.
So the benefit is a convenience thing. The risk of keeping it in house is people start wanting their cut for working their asses off all spring, summer, and fall.
eta: All in all, it's a lot safer to keep it in the immediate family and if you have a manager that you trust and are completely transparent with, then that's a good fit for additional ownership in the entities. You gotta make damn sure you're on the same page though.
This post was edited on 3/9/17 at 2:05 pm
Posted on 3/9/17 at 6:01 pm to prostyleoffensetime
quote:
So it's kind of risky
Looks like Risky just bit somebody in the arse, he always does.
Posted on 3/12/17 at 9:51 am to The Torch
Gambling addict in here somewhere? I bet the Ethel guy is a gambler. How about the Delhi guy?
Posted on 3/14/17 at 6:21 pm to dagrippa
This was in the Monroe paper today, only five days behind TigerDroppings!
Posted on 3/14/17 at 7:05 pm to FightinTigersDammit
quote:
This was in the Monroe paper today, only five days behind TigerDroppings!
Monroe is a full 30 years behind society
Posted on 3/14/17 at 7:09 pm to Dire Wolf
How so?
Posted on 3/14/17 at 7:10 pm to LSUballs
It still has a functioning tinseltown
Posted on 5/21/17 at 8:41 pm to prostyleoffensetime
(no message)
This post was edited on 5/22/17 at 9:53 am
Posted on 5/21/17 at 8:53 pm to Sweetiepie
excellent first post.....I am sure the subpoena will arrive soon.... 
Posted on 5/21/17 at 8:55 pm to Jim Rockford
Dixie Mafia isn't dead
Posted on 5/21/17 at 9:04 pm to KillTheGophers
(no message)
This post was edited on 5/22/17 at 9:52 am
Posted on 5/21/17 at 9:27 pm to LSUballs
quote:
I was wondering if this would make it here. According to the FBI this is the largest fraud case in the history of Louisiana . Pretty impressive for an ole Richland parish baw
Wow.
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