Al Petty

Dean Neeley · Post by **Dean Neeley** » 10 Apr 2003 11:11 pm

Tyler, Texas 04/10/03. Al Petty Get's 292 Mo.in
Fed. Prison. Go to tylerpaper.com for story.

Dean Neeley

Rick Garrett · Post by **Rick Garrett** » 11 Apr 2003 3:55 am

Thats a real shame. I intended to go listen to that at the courthouse but had to work. As always I wish him the best. God Bless

Rick Garrett

Joe Casey · Post by **Joe Casey** » 11 Apr 2003 5:03 am

24 plus years. That is more than one book thrown his way.

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CJC

Kurt Graber · Post by **Kurt Graber** » 11 Apr 2003 5:17 am

Yea, I'll say, I wonder if they debated "lethal injection" or not? This guys life is over. This is a shame, I really don't know the whole story but I think that 24 years is rather steep for a man who did not molest or kill someone. I'll shut up because of my ignorance on the facts, and maybe someone will shed some light on why the punishment fits the crime. I met Al one time years ago and believed him to be a pretty decent christion guy.

CrowBear Schmitt · Post by **CrowBear Schmitt** » 11 Apr 2003 5:46 am

and while Al will be in Stir, Big Politicians and Big Corporate Management will continue the rip offs and never serve a day in the Can.
One Justice for All ?

David Reeves · Post by **David Reeves** » 11 Apr 2003 6:18 am

My heart bleeds for Mr. Petty.
May God be with him. However, I hope that nobody lost money to him attempting to purchase items he had for sale.
I deeply feel that his presentations were slightly misleading. The whole mess is just tragic.
The biggest tragedy is that he still does not realize why his actions were illegal.
This is truly a sad story.

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Stump Reeves

Erv Niehaus · Post by **Erv Niehaus** » 11 Apr 2003 6:43 am

Maybe the Lord will lead him to start a steel guitar prison ministry. It took prison to straighten out Chuck Colson and what a wonderful work he is doing now. The Lord moves in mysterious ways his wonders to perform!

Erv[This message was edited by Erv Niehaus on 11 April 2003 at 07:44 AM.]

Carl West · Post by **Carl West** » 11 Apr 2003 7:49 am

I remember Al very well. He sold me my first 1" Dynsite chrome plated bar. I paid $ 5.00 for it and still have it. The man was a genius when it came to steel guitar and I watched him play many times. This is a sad story for such an extreamlly talanted person. My thoughts are with him.

Carl West

Reece Anderson · Post by **Reece Anderson** » 11 Apr 2003 9:23 am

I attended the proceedings in Tyler Texas yesterday at Al's request.

I will be negatively impacted forever by the vision of seeing a friend forced to empty his pockets, relinquish all possessions, and immediately be placed under arrest in front of all in attendance at the end of the hearing. I sincerely hope I never again see the shock, stark terror and saddness in anyones face, as I did in Al's.

However, there is yet hope because of a very powerful legal document called "Writ of Mandamus" which has been filed with the courts in his behalf.

It's not over till it's over, and as of this time, it's not truly over until the Writ has ran it's legal course.

Those who believe in him, should keep him in their hearts and prayers.

Jim Smith · Post by **Jim Smith** » 11 Apr 2003 10:06 am

From http://www.jurisdictionary.com/dictionary/dictionary%20w.htm <BLOCKQUOTE>quote:<HR>Writ of Mandamus
A writ ordering a government official (regardless of branch or level) to give an answer on the public record explaining by what authority he or she is acting in a particular situation or requiring such person to act in accordance with his or her lawful authority. Thus, if the mayor of a town refuses to convene the city council, an aggrieved citizen can move the local court of competent jurisdiction to issue a write of mandamus requiring the mayor to act in accordance with his or her legal function. Or, if the mayor takes it upon himself or herself to act as a judge and jury, directing the local police chief to put people in jail at his or her command, a motion for writ of mandamus will move the court to issue an order directing the mayor to explain by what authority he or she is having people jailed without due process of law.<HR></BLOCKQUOTE>

[This message was edited by Jim Smith on 11 April 2003 at 11:08 AM.][This message was edited by Jim Smith on 11 April 2003 at 11:10 AM.]

David L. Donald · Post by **David L. Donald** » 11 Apr 2003 10:24 am

With all due respect to Reece's feelings, Mr. Petty should not have been shocked.
One must give the tylerpaper a reasonable amount of credence with their public court reporting of the public record.

I have yet to see anything such as a product or actual service that Telecom 2000 was selling. Nothing, nada!
Just the name and an "investment opportunity".
I hear of investors, and that they got paid, but nothing about how the money was generated other than the gov. saying it was from other, later investors payments. Which is classic Ponzi.

He was argueing that his employee's were informants. Which sounds like they had to testify or go to the klink too. Why their being gov. "informants" prevented them from doing their "jobs" is not at all clear. Unless they had to stop doing something when arrested, and then givin a deal to talk or go down with the ship.

He had to surrender the keys to a Rolls Royce in the parking lot... Sounds a bit ego driven to me.
16 or 8.3 or 4 million dollars changed hands, but for what product...
$4 million is not a small amount, no matter how you look at it.
He believes in what he was doing, and that it wasn't illeagal. But it seems there was more than a little self-deception involved.
But to say the gov. was driving him to move to Canada, says a good bit about his lack of understanding of the law.

He argues that ONLY $4 million was lost, and it must be the gov.'s fault for stopping his work,
so give him a lighter sentence under the guidelines.

Clearly his attorney saw it coming.

I feel sorry for Reece, and others, for having a old friend in trouble, but it really looks like he brought it all on himself in some misguided scheme that he got totally wrapped up in.
If he had but consulted a good accountant earlier on he might not have gotten into it, but it appears he was his own accountant.

I too have had good old friends "go bad"... but invariably it was by their own hand, and often very ego driven. That means I can only be sorry for them, not let it change my life in a negative way. And just hope they learn from their mistakes.
It would appear from his and his attorney's quoted statements,that Mr. Petty has not even realized he has done wrong. Blaming everyone but himself...

The ones I truely feel sorry for are the people who were once attached to the $4-8.3 million lost.
An all together sad, sad story.[This message was edited by David L. Donald on 11 April 2003 at 11:32 AM.]

b0b · Post by **b0b** » 11 Apr 2003 11:22 am

Here's the link.

Joey Ace · Post by **Joey Ace** » 11 Apr 2003 11:24 am

Their website is still up.

http://www.makingmoney101.com/index.html

Here's a quote from it:

"Your guaranteed checks $3779.34 minus Your "one time" out of pocket $1315.88 = $2463.46 Guaranteed Profit! This is if you do nothing! Add $3625.00 more for each Pro 1 rep you bring in! You may also purchase additional PRO positions. As a Pro 2, 3, 4 etc., you'll spend as little as $1026.00 for each business and receive a GUARANTEED return of $6500.00 EACH in 6 months!"

[This message was edited by Joey Ace on 11 April 2003 at 12:33 PM.]

Steve Stallings · Post by **Steve Stallings** » 11 Apr 2003 1:32 pm

The biggest tragedy is that he still does not realize why his actions were illegal.

After reading the proceedings, I simply do not believe that he did not know exactly what he was doing. I don't know him and have no dog in this hunt, but I believe he is the classic con artist... and from his staunch support, he must be pretty believable.

I just feel sorry for the lives he has destroyed, though I can't understand why anyone would invest in such a ridiculous scheme to begin with...

greed is a powerful force.

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God Bless,
Steve Stallings

www.thenightshiftband.net

Reece Anderson · Post by **Reece Anderson** » 12 Apr 2003 5:57 am

David D....With all due respect and for clearification purposes, the shocked look I was referring too happened when the judge denied the request to postpone the punishment phase, not when the punishment was handed down.

David L. Donald · Post by **David L. Donald** » 12 Apr 2003 8:49 am

Ok Reece got it... Still I am not shocked.
The quotes above;

"Your guaranteed checks $3779.34 minus Your "one time" out of pocket $1315.88 = $2463.46

This amount IS shocking, but not the instant sentencing

He must have been awfully good at it...
I have seen this for $10 - $30 but $1315.88....
I just hope he wasn't playing good christians on their faith to do this...as seems to have been the undercurrent I saw.
That would double the shame. And in no way should this mean not to keep him in your prayers... he probably needs them more than most now.
[This message was edited by David L. Donald on 12 April 2003 at 09:53 AM.]

Paul E Vendemmia · Post by **Paul E Vendemmia** » 12 Apr 2003 2:40 pm

Jail Time for a Man That took me for some money a long time ago. And now I'm sitting here with a big smile on my face. See you later Al you better watch your Butt. HA HA HA[This message was edited by Paul E Vendemmia on 12 April 2003 at 03:43 PM.]

C Dixon · Post by **C Dixon** » 13 Apr 2003 8:26 am

I am saddened once again. I know nothing about the facts. I never bought anything from Al Petty. All I know is whenever I saw him and/or talked to him, he seemed a very consecrated genuinely good person. Maybe he wasn't. Time will tell. I do not know.

"Your sins will find you out", might be appropo here. Yet again it might not.

I would like to state that it is odd indeed, that a cold blooded murderer can stab his former wife and her b/f to death and go scott free, whereas another person goes to prison for 24 yrs for much less, IMO.

But really it isn't strange at all. When one depends on man for "justice", it is bound to be unfair. ONLY God is true justice. Man is wicked by nature. And IF Al is not guilty, God WILL right the injustice.

IF Al is guilty, then I pray that this time will bring him to his senses and cause him to become closer to Jesus.

May God help us all,

carl

Donny Hinson · Post by **Donny Hinson** » 13 Apr 2003 9:13 am

"The true measure of a man's wealth is not the things he has, but the things he can do without."

Martin Weenick · Post by **Martin Weenick** » 14 Apr 2003 1:13 am

Isn't it strange how Al goes to prison right away while the Enron boys and thier likes still walk around enjoying thier ill-gotten funds. AND EQUAL JUSTICE FOR ALL !

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Martin W. Emmons LG III 3/5 Peavy 1000

Kevin Hatton · Post by **Kevin Hatton** » 14 Apr 2003 8:05 am

Martin, you just nailed it! Justice in America is only for the wealthy. The Enron gang did more damge than Al Petty ever did. Same with the Arthur Anderson gang. Corporate
executives are are legal gangsters.

Joey Ace · Post by **Joey Ace** » 14 Apr 2003 8:57 am

Al Petty was wealthy. The court report says he had to hand over the keys to his Rolls Royce.

The web site is still up. http://www.makingmoney101.com/index.html
I don't understand how people fall for this kind of thing.

Allen Peterson · Post by **Allen Peterson** » 14 Apr 2003 9:24 am

Did I miss something here? I didn't realize those Enron and Arthur Anderson creeps got away with it. Last I heard they were awaiting trial. Mr. Hatton, SOME corporate executives are legal gangsters, NOT all of them. You will find some bad apples in any business. You're blanket statement makes it sound as if corporate America is run by a bunch of hoodlems, which is just not the case. I personally know several high level corporate executives and they are not gansters. They are for the most part very intelligent, hard working, family oriented people who happened to have the guts to take risk to get where they are. From what I have read on this forum Al Petty is a crook who swindled people out of their money. He was tried by a jury of his peers and found guilty. In this country if you do the crime, you have to do the time. It is as simple as that. I feel sorry that he got 24 years and I do think this is a bit severe when compared to some who have done a lot worse things and received milder sentences. Those people that Al Petty hurt have the choice to forgive him or not to forgive him, but that doesn't mean he should go free without paying his debt to those he hurt and to society in general.

Frank Estes · Post by **Frank Estes** » 14 Apr 2003 11:26 am

Hmmm...I guess the judge thought is was more than just a "petty crime."