DEFINITION OF FRAUD
All multifarious means by which human ingenuity can devise and which are resorted to by one individual, to get an advantage over another by false suggestions or suppression of the truth. This includes all surprises, tricks, cunning or dissembling, and any unfair way which another is cheated.
Source: Black’s Law Dictionary, 5th ed., by Henry Campbell Black, West Publishing Co., St. Paul, Minnesota, 1979.
WHAT CONSTITUTES FRAUD
If you tacked to a wall all the checks John Denison wrote, you would find a crime of embezzling. (Make sure it is a big wall cause he wrote a LOT of checks). If you threw a dart at the wall, it would more than likely land on a check that was spent to embezzle funds from the estate. It would be rare if it was legitimate. Yet we got no help from the law for a beneficiary who inherited 50% of the income. When we reported the theft to 39th District Mike Fouts he turned us away. Signed Jackie Keenan
1-98 JOHN TRANSFERS FUNDS FROM ESTATE TO COVER HOT CHECKS
Round about this time, by early June the First National Bank of Aspermont stopped honoring John's hot checks and began to return them to the creditors. Johnny Denison and attorney Isaac M. Castro geared up to swap the Estate banking from the long time family Bank (First National Bank of Aspermont) to Attorney Castro's client the Hamlin National Bank where visions of sugar plums have been placed in John's head. By draining the funds from the estate coffers, by creating an adversarial position with the Estate's banker, by defaulting on a note that only encumbered 1240 acres with a debt of $230,000.00, John begins to 'ease' money out of the estate account and by August he has opened an account with Rule Banking Center which is privately in the throes of being purchased by Hamlin National Bank.
Patrick Pace is the Branch Manager at the Rule Banking Center and formerly President of Farmers National Bank before Hamlin National bought it. He is on the Board of Directors for the Hamlin National Bank as well. He is currently the Mayor pro tem of Rule, TX Bob's home town. Pace is on the Rule City Council, and a favorite of mine, he was and may still be a Reserve Police Officer and Certified Texas Police Officer. More to come about Patrick Pace and his relationship with John Denison and how he and the Chief of Police, Alan Beard swore John Denison in private, making him a police officer for the City of Rule, with no notice to the City Counsel. This was after John Denison abandoned his post as elected Stonewall County Constable, bought Chief of Police Alan Beard's house in Rule, plastered TEXAS POLICE on his privately owned cop car. (see introduction on Cast of Characters)
I digress. Isaac Castro negotiated with the First National Bank of Aspermont to extend the Estate's $230,000 debt for one year (adding on the delinquent interest) and in September 98 John and First National Bank of Aspermont sign papers extending the loan. Once this deed is done, John immediately stops using this bank for the Estate's checking account and begins using the one he opened at Hamlin National Bank in early August 1998. In June 1999 Hamlin National Bank, employing the services of Isaac Castro, indebted the Estate to the tune of $550,000 using 6,200 acres as collateral in a Master note that allowed John Denison to make personal loans that would be covered by the Master note. John Denison also bought a brand new $35,000 Dodge Pickup, through the same bank, in the name of the Estate. Payments? $220.00 per month for the Pickup. John, within days defaulted on the terms of the note.
Signed: Jackie Keenan