Former Ole Miss QB Now Linked to Timber Ponzi Scheme

quote:

---

Receiver sues Stewart Patridge and friends for commissions in Lamar Adams case -Bankplus suspected "money-laundering", reported to Feds in 2015. -Receiver sues Bankplus for Alleged RICO Violations -Bankplus says it complied with law.

---

quote:

---

Receiver Alysson Mills sued former Ole Miss quarterback Stewart Patridge, his mother Gee Gee Patridge, Jason Cowgill, Martin Murphree, Mutual of Omaha, and Bankplus in U.S. District Court yesterday in an effort to recover funds for victims of Lamar Adams timber fraud scheme.

---

quote:

---

42. Eventually Adams and Kelly prepared a document titled “Madison Timber Referral List” to give to potential investors. On information and belief, Brent Alexander and Jon Seawright of Baker Donelson shared the list with their own clients. The list identified five individuals, each affiliated with established firms or institutions in the Jackson area, who had agreed to serve as a “referral” for Madison Timber. In addition to Gee Gee, who was identified as “Bank Plus Senior Executive Vice President & Chief Operating Officer,” the list included Matt Thornton, “Butler Snow Advisory Services, LLC President & Chief Executive Officer”; Michael Billings, “Butler Snow Advisory Services, LLC”; Jeff Rawlings, “Rawlings & MacInnis, P.A.”; and Randy Shell, “Pinnacle Trust Senior Vice President & Trust Officer.”

---

quote:

---

Causes of Action Civil Conspiracy: All defendants. Aiding & Abetting: All defendants Recklessness, Gross Negligence, & Minimum Negligence: All defendants Violations of Mississippi's Fraudulent Transfer Act: Stewart Patridge, Jason Cowgill, Martin Murphree RICO Violations: Bankplus Negligent Retention & Supervision: Bankplus, Bankplus Wealth Management, Mutual of Omaha

---