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re: Cecil Newton Needs to Disclose Source of Church Renovation Money
Posted on 11/5/10 at 10:43 am to DeltaDoc
Posted on 11/5/10 at 10:43 am to DeltaDoc
quote:
The fact that he turned over records and the NCAA has not dropped the investigation is pretty big in and of itself.
This is exactly what I'm thinking. If everything was clear as day this wouldn't even be an issue. Something must be a little suspicious.
Posted on 11/5/10 at 10:46 am to Aubie Spr96
quote:
If I was to make unfounded allegations against you and your family, you'd turn over your personal and business financial records just to clear the air?
I sure as hell would turn them over to the investigating authority and would describe in every f'ing detail how I came about it. If it clears my name, my son, Auburn, and my church, why the hell wouldn't I. Newton has already turned over statements, now show all the cards to them.
Posted on 11/5/10 at 10:46 am to RT1941
quote:
If cash $$ shows up in the collection plate on any given Sunday, how can he prove where it came from or from whom?
If people tithe or give substantial donations, the church keeps a record of it for tax purposes for their members. My mother's church does this: I'm quite sure all the others do the same.
Posted on 11/5/10 at 10:47 am to RT1941
quote:
If cash $$ shows up in the collection plate on any given Sunday, how can he prove where it came from or from whom?
They supposedly came up with a large amount of money in a short period of time. They'll look at previous statements of the church to see if they took in big donations from unnamed donors. There's a lot of of ways to hide cash, especially when it comes to churches and construction companies.
Posted on 11/5/10 at 10:50 am to RT1941
quote:
If cash $$ shows up in the collection plate on any given Sunday, how can he prove where it came from or from whom?
Some of the linked council meetings show that the church was in dissaray over 50% of the churche's net worth. Your church doesn't get that way when you have a congregation with money. A church doesn't reach that point and then all of a sudden the congregation forks up that kind of money. It had to come from outside donations, loans, or movement from one of Newton's other churches which would be fine.
ETA: or the money came from somewhere people don't want to talk about.
This post was edited on 11/5/10 at 10:52 am
Posted on 11/5/10 at 10:52 am to LSUdm21
quote:
The fact that he turned over records and the NCAA has not dropped the investigation is pretty big in and of itself.
they can check the deposit statement from the bank
Posted on 11/5/10 at 10:52 am to Aubie Spr96
quote:
If I was to make unfounded allegations against you and your family, you'd turn over your personal and business financial records just to clear the air?
For something as high profile as this, absolutely.
And, you wouldn't necessarily have to turn over the financial records (I highly doubt anyone is dumb enough to deposit $200k in an account linked to them anyway); Just state where the money came from and have the third party verify it some way.
Cam Newton could conceivably be denied the Heisman if all of this is not cleared up with the public.
Posted on 11/5/10 at 10:54 am to Linkovich
quote:
I think there's a difference in turning over financial records and directly proving where the funds come from. If I was Mr. Newton, I would be screaming from the mountain tops from where and whom I received the money to refurb my church. Especially if someone was trying to soil one of my children's name.
He is under a gag order, as well as Cam, as well as Chizik, as well as everyone associated with this. The only ones not under the gag order are the reporters and a couple of former players, well they were asked to but aren't following the request.
Posted on 11/5/10 at 10:57 am to RT1941
Cash dropped into the collection plate. Spread it out over time. Virtually untraceable, except for the spike in weekly tithes.
Posted on 11/5/10 at 11:00 am to hfs549
quote:
Cash dropped into the collection plate. Spread it out over time. Virtually untraceable, except for the spike in weekly tithes.
Yeah, but this church was about to be condemned by the City of Newnan. The city had been fighting with the church for a long period of time because the building was not up to code. Now, all of a sudden they have the money to renovate. The offerings spread out over time explanation really doesn't wash IMHO.
Posted on 11/5/10 at 11:01 am to Toddy
quote:But that would reveal that the check was signed by Rev. Chette...
He needs to do this soon. The timeline is too suspect, and is one of the most damaging aspects of this story. If he can prove it came from a legit source it would go a long way in quashing some of the rumors. But he didn't do this. He goes and retains an attorney and puts out vague denials.
He does need to disclose it and quick.
Posted on 11/5/10 at 11:03 am to LSUdm21
quote:
The fact that he turned over records and the NCAA has not dropped the investigation is pretty big in and of itself.
quote:Of course, but if the NCAA had dropped it quickly, everyone would be screaming cover up. By the way, not sure if you have noticed but the NCAA is trying to crack down on rogue sports agents. So they would still be investigating Rogers. This doesn't prove that Cam or AU is innocent, but to assume the existence of an investigation is proof of guilt is ridiculous.
This is exactly what I'm thinking. If everything was clear as day this wouldn't even be an issue. Something must be a little suspicious.
This post was edited on 11/5/10 at 11:04 am
Posted on 11/5/10 at 11:11 am to Toddy
quote:
Now, all of a sudden they have the money to renovate
You are assuming that there was money involved in the renovation of the church.
It might have been that he got free labor and materials instead. That way, there is no money trail involved.
Posted on 11/5/10 at 11:16 am to rangers911
quote:He's under a gag order to speak publicly; not a gag order to speak with the investigating body.
He is under a gag order...
Posted on 11/5/10 at 11:16 am to WDE24
quote:
He did, about a month ago to the NCAA.
This is not to say that contractor services weren't "donated" to the church for cash behind the scenes. If direct cash was involved, there would be no record.
Posted on 11/5/10 at 11:18 am to auisssa
quote:And that also would be easily verifiable as the party donating the labor and materials in any substantial amount would also file those expenses as tax deductible donations. Start with the contractor as he may have done this; however, they will also likely be looking for the contractor's ties to Auburn.
It might have been that he got free labor and materials instead. That way, there is no money trail involved.
Posted on 11/5/10 at 11:18 am to auisssa
quote:
You are assuming that there was money involved in the renovation of the church.
No, Newton's father told the city council he had the money in hand for the renovations.
Posted on 11/5/10 at 11:20 am to TigerWoody
quote:
And that also would be easily verifiable as the party donating the labor and materials in any substantial amount would also file those expenses as tax deductible donations. Start with the contractor as he may have done this; however, they will also likely be looking for the contractor's ties to Auburn.
Exactly. If someone donated this much, I guarantee yo they're going to take a tax deduction.
Posted on 11/5/10 at 11:20 am to DeDub1522
quote:
Any answers?
Cecil was made aware by MSU that someone (rogers) was attempting to extort money... MSU continued to recruit Newton... Cecil didn't want his son to be a 'rented mule'... dad thinks he should go to Auburn.
Posted on 11/5/10 at 11:22 am to lowspark12
quote:
Cecil was made aware by MSU that someone (rogers) was attempting to extort money... MSU continued to recruit Newton... Cecil didn't want his son to be a 'rented mule'... dad thinks he should go to Auburn.
Really? Now explain how a church that was basically broke all of a sudden came up with $200K.
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