the bluegrass conspiracy
George

Louisville, KY

#1180 Jun 20, 2011
Wow get these people in jail, they can not obey the law.

U.S. District Judge Joseph Hood ordered Wednesday that an oil company executive pay the U.S. Marshals Service for broken locks replaced at a home in Alabama and put property taken from a home into a storage facility.

Hood gave the order to Michael Smith of Lancaster, who was the president of Target Oil and Gas when he was convicted in July of one count of conspiracy to commit mail fraud and 11 counts of mail fraud.

Smith's son, Shaun Smith of Hustonville, pleaded guilty to charges in the case.

They, and other co-defendants, were accused of using false statements and misrepresentations to lure people into investing more than $12 million in Target Oil between 2003 and 2008.

A hearing was held Wednesday after prosecutors filed a motion asking the court to determine whether the convicted oil officials violated a court order prohibiting spending or using assets without court approval. The motion also said that property was removed from a home in Newtown, Ala. The property is part of a court order that prohibits defendants from depleting assets.

David J. Guarnieri, Shaun Smith's attorney, said Shaun Smith's aunt gave him money. Michael Smith's attorney, Guthrie True, said Michael Smith received money from in-laws. Hood said he was satisfied with the explanations given by the attorneys.

Deputy David Onofrey of the U.S. Marshals Service testified that there were keys broken in locks at the home in Alabama when he went there to execute a court order to seize the property. The deputy got inside the home through an open window and found that items, including a washer and dryer and refrigerator, were missing.

Hood said Michael Smith, who is out on bond until sentencing, should turn himself in to the U.S. Marshals Service if conditions were not met by March 7.

Read more: http://www.kentucky.com/2011/02/24/1645632/he...
George

Louisville, KY

#1181 Jun 20, 2011
It's sad when you get your parents involved with a scam like this, but when they are responsible for hiding stolen money you become part of the corruption.

Investigators found $72,050 in cash bundled and sealed in bags and two cashier's checks totaling $160,649 in the safe.

A jury determined Tuesday that two brothers found guilty of defrauding oil and gas investors are responsible for $3 million each in forfeiture charges.

Michael D. Smith, 54, of Lancaster, was convicted of one count of conspiracy to commit mail fraud and 11 counts of mail fraud in U.S. District Court in Lexington. Smith's brother, Christopher Cello Smith, 40, of Prestonsburg, was convicted of seven counts of mail fraud.

Michael Smith is the president of Target Oil and Gas Co. in Albany and owns a controlling interest in Kentucky Indiana Oil and Gas, based in Danville.

Federal prosecutors charged that Michael Smith misrepresented his company to entice people into investing more than $12 million in Target Oil during 2003-08. The company returned about $538,000 in royalties to the investors.

In question at the forfeiture trial was $3.1 million prosecutors claimed Target Oil acquired by defrauding investors, and money found in a safe at the home of Michael Smith's father, Vernon Smith.

Investigators found $72,050 in cash bundled and sealed in bags and two cashier's checks totaling $160,649 in the safe. The jury ruled the Smith brothers were responsible for the checks but not the cash.

The U.S. Attorney's Office will try to recover the money and can seize any property or interest the Smith brothers possess to satisfy the amount of the forfeiture. Sentencing is scheduled for October. Each man could face up to 20 years in prison. It is possible Judge Joseph Hood could set a restitution amount in addition to the forfeiture that the men would have to pay.
Judge

Shannon, GA

#1182 Jun 20, 2011
How many retired miners have a safe in their house, and how many retired miners have $230,000 in that safe? This has to be a joke, they should go to jail with their sons and grandson.

Since: Jul 10

Location hidden

#1183 Jun 20, 2011
curious wrote:
<quoted text>
Here's a weight dose of truth. Chew on this for a while.
http://www.thefreemanonline.org/featured/seiz...
Sorry, thought I replied to Curious with a capitol C. This George is only trying to muddy the waters. He has no proof or he would have posted a link.

Since: Jul 10

Location hidden

#1184 Jun 20, 2011
Judge wrote:
How many retired miners have a safe in their house, and how many retired miners have $230,000 in that safe? This has to be a joke, they should go to jail with their sons and grandson.
If my son was arrested under the same circumstances, I would remove my life savings from the bank, also.
Sherry

United States

#1185 Jun 20, 2011
Guarnieri? Is that the same firm that "Big Bill Johnson" who represented Ralph Ross had, and the same firm that represented Leonard Lawson and Shane Ragland?
George

Louisville, KY

#1186 Jun 20, 2011
Now that makes perfect sense. Remove the stolen money from the bank and hide it. The dumb thing is you don't hide it at your parents house right next door. LMAO Just Brilliant!!!!!!!!!!
-Fearless- wrote:
<quoted text>If my son was arrested under the same circumstances, I would remove my life savings from the bank, also.

Since: Mar 10

Location hidden

#1187 Jun 20, 2011
George wrote:
Now that makes perfect sense. Remove the stolen money from the bank and hide it. The dumb thing is you don't hide it at your parents house right next door. LMAO Just Brilliant!!!!!!!!!!
<quoted text>
Maybe, the PARENTS removed their life's savings from the bank so it would not get seized in the trumped up case against the son. Being older simple people they thought a safe was a good idea. Maybe, they never dreamed the feds would storm their house. THEY had nothing to do with the allegations.
George

Louisville, KY

#1188 Jun 20, 2011
Lets look at your feeble answer. How would they know before hand that there was even going to be a case, and why in their wildest dreams would they believe the government would try to take "their" funds from their bank account (LMAO) and they are not involved in anyway. Sorry but your answer doesn't hold water.
-s-i-d-e-k-i-c-k- wrote:
<quoted text>Maybe, the PARENTS removed their life's savings from the bank so it would not get seized in the trumped up case against the son. Being older simple people they thought a safe was a good idea. Maybe, they never dreamed the feds would storm their house. THEY had nothing to do with the allegations.

Since: Mar 10

Location hidden

#1189 Jun 20, 2011
George wrote:
Lets look at your feeble answer. How would they know before hand that there was even going to be a case, and why in their wildest dreams would they believe the government would try to take "their" funds from their bank account (LMAO) and they are not involved in anyway. Sorry but your answer doesn't hold water.
<quoted text>
Because their son had already been arrested. It is right there in print. They were warned that the sons assets could be seized. That is just how country people think, money is safer with them (there are bank records)... They * entered* the * wrong * home. Even you should be able to comprehend. After all, they have agreed to return it.
George

Louisville, KY

#1190 Jun 20, 2011
Oh were the cashiers found to belong to the parents, NO. So they were hiding funds for their son, they need to go to jail to. LMAO
-s-i-d-e-k-i-c-k- wrote:
<quoted text>Because their son had already been arrested. It is right there in print. They were warned that the sons assets could be seized. That is just how country people think, money is safer with them (there are bank records)... They * entered* the * wrong * home. Even you should be able to comprehend. After all, they have agreed to return it.

Since: Mar 10

Location hidden

#1191 Jun 20, 2011
George wrote:
Oh were the cashiers found to belong to the parents, NO. So they were hiding funds for their son, they need to go to jail to. LMAO
<quoted text>
THEN WHY ARE THEY RETURNING THE MONEY? Learning disability?
George

Louisville, KY

#1192 Jun 20, 2011
Investigators found $72,050 in cash bundled and sealed in bags and two cashier's checks totaling $160,649 in the safe. The jury ruled the Smith brothers were responsible for the checks but not the cash.

The U.S. Attorney's Office will try to recover the money and can seize any property or interest the Smith brothers possess to satisfy the amount of the forfeiture. Sentencing is scheduled for October. Each man could face up to 20 years in prison. It is possible Judge Joseph Hood could set a restitution amount in addition to the forfeiture that the men would have to pay.

Read more: http://www.kentucky.com/2010/07/21/1356971/ju...
George wrote:
Oh were the cashiers found to belong to the parents, NO. So they were hiding funds for their son, they need to go to jail to. LMAO
<quoted text>
Again

Bowling Green, KY

#1193 Jun 20, 2011
curious

Nicholasville, KY

#1194 Jun 20, 2011
Sherry wrote:
Guarnieri? Is that the same firm that "Big Bill Johnson" who represented Ralph Ross had, and the same firm that represented Leonard Lawson and Shane Ragland?
Curious as to why you ask this?
Again

Bowling Green, KY

#1195 Jun 20, 2011
Sherry

United States

#1196 Jun 20, 2011
curious wrote:
<quoted text>
Curious as to why you ask this?
Mainly because of Ralph Ross, who got a felony for doing his job and even the FBI couldn't fault him for what he did in wiretapping the powerful ones involved. But according to the book, wasn't it the Johnson law firm that lost his case? They didn't even bring his witnesses up. Have to go back and read exactly what it says. But they won for Ragland and Lawson I think. Some would say they threw Ralph Ross under the bus. It is real bad when a cop wants and tries to do the right thing and is destroyed for it.
yes yes

Georgetown, KY

#1197 Jun 20, 2011
Mainly because of Ralph Ross, who got a felony for doing his job and even the FBI couldn't fault him for what he did in wiretapping the powerful ones involved. But according to the book, wasn't it the Johnson law firm that lost his case? They didn't even bring his witnesses up. Have to go back and read exactly what it says. But they won for Ragland and Lawson I think. Some would say they threw Ralph Ross under the bus. It is real bad when a cop wants and tries to do the right thing and is destroyed for it
sherry you are correct in saying that if you try to do right agains the corruption in the legal system you are treated the same way as RAlphh Ross was treated but he at least held onto his integrity.
yes yes

Georgetown, KY

#1198 Jun 20, 2011
George wrote:
Oh were the cashiers found to belong to the parents, NO. So they were hiding funds for their son, they need to go to jail to. LMAO
<quoted text>
Lies again George but once again heres the real deal .The charges were false, the warrant was false , the prosecutors backed there lies with a felon as their STAR!!
Are you ever going to post on here who YOUR STAR witness was and what he was when you USED him to FRY this family?? I am sure since you KNOW every thing you know those FACTS or are you STILL TO BUSY TO REVIEW ALL THE FACTS BEFORE YOU FRY AN INNONCENT FAMILY??

COME ON GEORGE TELL ALL THE STATE TAX PAYERS ABOUT YOUR LEAD WITNESS ??? POOR JURORS OR THE JUDGE NEVER HAD A CHANCE OF SEEING THE REAL TRUTH BUT THEY WILL SOON.!!!
yea yea

Georgetown, KY

#1199 Jun 20, 2011
BY THE WAY I LOOKED UP SOME FORMER CASES OF PROSECUTORS THAT PULLED THIS CRAP IN OTHER STATES. I WOULD THINK YOU MIGHT WANT TO BE LOOKING YOUR SELF GEORGE. THOSE STATES DID NOT TAKE IT LIGHTLY AND NEITHER WILL KENTUCKY NOW THAT THE TAX PAYERS ARE SEEING WHAT REALLY HAPPENED. DONT' THINK FOR ONE MINUTE THIS SITE IS THE ONLY MEDIA THAT WILL BE POSTING.
I SUSPECT YOUR LITTLE GROUP BETTER BE GETTING THE EXACT STORY TOGATHER AS IF ONE OF YOUR TURNS ON THE OTHER , YOU ALL WILL GO DOWN EXCEPT THE FIRST TO SQUEAL!!
SO I WOULD THINK LONG AND HARD ABOUT BEING THE FIRST TO SQUEAL AS YOU KNOW ONCE ONE TALKS >>>>>>> >>> REMEMBER YOUR OWN WORDS: IT WILL BE A LOT EASIER ON YOU IF YOU JUST PLEA QUILTY !! HOW MANY TIME HAVE YOU THROWN THAT STATEMENT AT AN INNONCENT VICTIM?? REAP WHAT YOU SOW SOUND FAMILAR??? HA HA HA HA HA HA

Tell me when this thread is updated:

Subscribe Now Add to my Tracker

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Lexington Discussions

Title Updated Last By Comments
Motorvation on new circle 4 min gumption 2
News Bible study rules for public schools proposed (Feb '10) 8 min Paul 174,913
Manscaper wanted 25 min hotdog 1
UPCetcRtrolls: a study in unhinged, Trump deran... 1 hr Basket Deplorable 1
dems sue over russia, trump, wikileaks... 2 hr two cents 11
FBI Raid Trump's Attorney's Office - Trump crying 2 hr Skeeter 56
Ivan shaw 2 hr Wow 5

Lexington Jobs

Personal Finance

Lexington Mortgages