Weekend July 224, 2022 Madison Cawthorn lost his Republican Primary bid. He raised additional funds for the General Election figuring he would face a Dem opponent.  But he spent the donated money. And now has no way to pay it back and faces a fine for doing so. Clearly this is an internal control failure.…

Thursday July 7, 2022 Michael angelo Padron convicted of defrauding the US govt of $240 M. A jury has convicted San Antonio businessman Michael Angelo Padron of defrauding the federal government by illegally obtaining more than $240 million in contracts intended for service-disabled veteran-owned small businesses. The jury found Padron — who is neither a…

Tuesday June 28 2022 EY pays the largest SEC fine ever for staff cheating on CPA exams.   But read the article, EY knew about it and still did nothing. The cheating was on, ironically, the required ethics exam. Here is the WSJ comment Ernst & Young agreed to pay a record $100 million fine…

Wed June 22 2022 Michael Angelo Padron was not even in the military. Yet his Mapco firm obtained milllions of dollars of government contracts intended to help service disabled vets.  The money never got to those intended to be helped. His partners in crime have maanged plea deals to tesetify against him. The total runs…

Wed June 8 2022 Convicted oil and gas fraudster Brian Alfaro got two years reduced on his 121 month sentence. HE was found guilty of selling non existent oil and gas wells to San Antonio investors. Instead he bought a  $500,000 Lamboorghini and Spurs season tickets. The judge summed up the case remarking, you are…

Wed June 8 2022 San Antonio former lawyer Chris Pettit has surrendered his law license to the Texas Supreme Court. He is facing multiple lawsuits for looting client accounts and moving money to his own use. One may need a SA EN account to access  the article on the surrender.  

Friday June 3 2022 San Antonio attorney Chris Pettit has filed a Chapter 11 BK petition claiming assets of $.27.8 M and debts of $15.2 million. Chapter 11 os designed for a re organization such as the one GM took. I don't see that happening here. He filed as a counter to an involuntary Chapter…

Friday June 3 2022 Michael was sentenced to four years in prison. This is this third trial for wrong doing and he is currently serving time for attempting to  shake down Nike. He stole $300,000 due his client Stormy Daniels for a book publishing deal.   Why risk prison for $300 K?>

friday May  20 2022 Chris Pettit stands accused of stealing millions from clients. At least 10 lawsuits have been filed against attorney Christopher “Chris” Pettit in state District Court in San Antonio and elsewhere over the past nine months. The most recent was Wednesday. Patrick Danner, Staff writer May 19, 2022Updated: May 19, 2022 8:57 p.m.  …

Weekend April 30 2022 Former Tennis Champ boris Becker is said to have won $25 M playing tennis. Yet he declared bankruptcy. The Courts determined he hid assets from the bankruptcy trustee. As a result he will servce 2.5 years in Federal Prison.