3rd Generation Ag said:

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I take it this is a felony?

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goodAg80 said:

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SACR said:

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There is more than one type of trust account.

From notice on Damon's suspension for marijuana possession

Quote:

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On July 10, 2014, Jose Angel Becerra [#24026790], 40, of Laredo, accepted a two-year fully probated suspension. The District 12 Grievance Committee found that Becerra neglected client matters, failed to communicate with clients, failed to hold client funds in a trust account separate from his own property, failed to provide an accounting of client funds, and, upon termination, failed to take steps to the extent reasonably practicable to protect his clients' interests.

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I'm simply wondering if Damon is accused of doing the same thing, basically taking money paid to him for business and using it to buy drugs. Plenty of people have mentioned paying him for services not rendered, this could be one of those situations. Or he could be ripping off a trust account set up for a widow, who knows?

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If you are the executor you can transfer the assets to any other financial instrument. You can even commingle assets (if you track the value and can untangle it later). That is definitely not recommended. My guess is jorts said he commingled assets to try and cover his duplicity in outright stealing the money.

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SACR said:

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goodAg80 said:

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SACR said:

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There is more than one type of trust account.

From notice on Damon's suspension for marijuana possession

Quote:

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On July 10, 2014, Jose Angel Becerra [#24026790], 40, of Laredo, accepted a two-year fully probated suspension. The District 12 Grievance Committee found that Becerra neglected client matters, failed to communicate with clients, failed to hold client funds in a trust account separate from his own property, failed to provide an accounting of client funds, and, upon termination, failed to take steps to the extent reasonably practicable to protect his clients' interests.

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I'm simply wondering if Damon is accused of doing the same thing, basically taking money paid to him for business and using it to buy drugs. Plenty of people have mentioned paying him for services not rendered, this could be one of those situations. Or he could be ripping off a trust account set up for a widow, who knows?

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If you are the executor you can transfer the assets to any other financial instrument. You can even commingle assets (if you track the value and can untangle it later). That is definitely not recommended. My guess is jorts said he commingled assets to try and cover his duplicity in outright stealing the money.

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You do realize that the incident I quoted was by another lawyer and not jorts, right?

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Guitarsoup said:

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TexasAggie_02 said:

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Pinche Abogado said:

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Jorts is a bigger fraud than MFBarnes. Crazy days.

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Has anyone ever seen Barnes and jorts at the same time?

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Not since they played together on Frontline Live.

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Wes97 said:

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goodAg80 said:

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If you are the executor you can transfer the assets to any other financial instrument. You can even commingle assets (if you track the value and can untangle it later). That is definitely not recommended. My guess is jorts said he commingled assets to try and cover his duplicity in outright stealing the money.

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I believe you are confusing different things. Anybody can set up a legal trust with a fiduciary that handles the money. There are a bunch of different trusts that serve different purposes.

Those are different from a legal trust that all lawyers and law firms set up for themselves. When you hire a lawyer and pay a retainer the money goes into this trust account. It is considered the client's money and is not income for the lawyer. When the lawyer bills the client for services rendered they can then pay themselves from this trust account. Same thing when the lawyer receives funds from a settlement for a client. It goes into the trust account and then after all bills are paid the proceeds are distributed from the trust account to the client.

If a lawyer uses funds from the trust account for their own personal purposes this would be considered theft as it is not the lawyer's money when it is held in that trust account.

All of that is different from just general theft. If I promise to do some work for you for $5,000 and you pay me and then I don't do the work that falls under that category. There was not a fiduciary relationship established and I would not set up an sort of trust account under that scenario. I just did not perform the work you paid for and could be sued for that.

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third coast.. said:

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Guitarsoup said:

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third coast.. said:

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whats so funny is im pretty sure that is the OG barnes photoshop. how anyone could believe that was legit is beyond me

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It is his ****ing profile picture on Facebook RIGHT NOW

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so unbelievable. hilarious.

on an aside, my wife is getting in to the business of completely remodeling homes. i need to hook her up with you or someone to get pro photos of the before and after for her portfolio. any chance we could explore that opportunity?

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DOG XO 84 said:

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usmcbrooks said:

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I really don't have any idea what is/was going through his head. From the readings, he has done some terrible things and needs a lot of help. For Ags that personally know him, it's time for an intervention...if, he is not facing a lengthy prison sentence. Jorts seem lost, trapped inside his own head much like JFF. Did he burn some of you? Yes, he did...but, he is a fellow Ag and is in need of help. We all know the Texas Day Care Center will not help him, not rehabilitate him. He needs his friends now more than ever.


Just my 2 cents.

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I respect your opinion but offer an opposing viewpoint. To be clear, this doesn't come from the fact that he jortzed me. I truly feel that he is in this position precisely because of others continuously bailing him out. IMO, the only thing that will change him is a stint in prison. He lies and cheats and manipulates people who are vulnerable and in need of help.

He is a predator on society. Coincidentally, I spoke with a longtime friend yesterday who had bailed out and parachuted to help his son with a substance abuse problem. Same thing, legal issues, substance abuse. He came to.the same conclusion and his son won't be bailed out of jail. He wii serve his sentence, as should Jorts.

As far as him being an Ag, I disagree. Coming from a family of Aggies going back nearly a hundred years, being an Ag means more to me than just getting a degree from A&M.

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third coast.. said:

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oh no i emant like remodel not structural stuff. i thought yyou and i had talked before about shooting some of her interior design stuff. i could be way wrong. was it you that mentioned going down to bolivar often? we talked about shooting our house when it was for sale.

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samsal75 said:

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He made bail last night.

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SACR said:

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samsal75 said:

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He made bail last night.

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You sound disappointed.

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SACR said:

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samsal75 said:

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He made bail last night.

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You sound disappointed.

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Decay said:

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How long until he posts here again? I give it three days

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Rudyjax said:

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Decay said:

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How long until he posts here again? I give it three days

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It would have to be a sock.

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Rudyjax said:

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Decay said:

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How long until he posts here again? I give it three days

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It would have to be a sock.

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