When news of the Gee announcement came the other day, some comments here suggested the company could have benefited from a PR campaign after the takeover. We found a company, MD Johnson Inc., that is using the whole sad story as a teaching example, suggesting Gee also could have benefited from “financial advisory services” in the deal; MD Johnson provides such services as part of its middleman role in dealership sales. Its “educational” document online (click to read) consists mostly of a Times article regarding the original scandal, prefaced with commentary such as:
This is obviously a case of the seller and the broker failing to inform the buyer of what was actually going on in the business, afraid the truth would stop the sale from happening. I can only assume that the seller and broker will be found to be complicit in their actions and will be found liable for significant damages to the buyers.
And what about the guys arrested in the heinous case that led to all this? We checked public records; one is apparently still in jail. Here’s what else we have found so far:
The criminal cases against the former Huling employees accused in the ripoff, Adrian Dillard, Ted Coxwell, and Paul Rimbey, keep winding through the court system, with more court dates set next month. Dillard and Rimbey bailed out shortly after their arrests in January, but the King County Jail Register Lookup shows Coxwell still behind bars today, apparently because his bail was upped in late January to $100,000 for failing to appear to face the burglary charge. (If you want to read the long, semi-fascinating lists of what’s been going on with these cases, including future dates, you can find the information by entering their names individually here.) County records also show property Dillard owned in Ballard (described on one blog as a “Loyal Heights bungalow”) was scheduled to be auctioned off by a foreclosure company in July; this foreclosure site lists it for $574K, about $200K below its original listing price — we can’t check on its current ownership right this moment because some local government databases are down for maintenance.
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