T Minus One Day and Counting

David Feuerborn and Thomas Jennings are scheduled to be sentenced tomorrow for their convictions relating to tax fraud and conspiracy.  I had a chance to do a detailed reading of Feuerborn’s Sentencing Recommendation, and I found some things that I thought I would share.  

Medical Ailments 

David Feuerborn is asking for pity on the court based on the following ailments he claims to have:

Vertigo

High Blood Pressure

Diabetes

Gout

Damaged Kidneys

Feuerborn’s sentencing position

1)    “A plan of Home Detention combined with a daily requirement of community service.”

This part is pretty entertaining: “Mr. Feuerborn has extensive skills in the toxic waste remediation areas and can volunteer his time to promote clean up of the environment.  Mr. Feuerborn would like to propose a comprehensive, several year plan of providing community service in this field subject to approval of the Probation Department” (Case 2:10-cr-00346-SJO; Page ID #2284).

You have got to be kidding me!  Mr. Feuerborn has been raising money from investors since the early 90’s for his “environmental remediation skills” without a penny to show for it except for this lavish spending of his investor’s money.  

2)    “To the extent that this Court feels that some form of incarceration is necessary, it is requested that any such incarceration be limited to a period of 6 months or less.”  

Feuerborn’s Sole Assets

On Page ID #2263 Feuerborn’s attorney claims that “[David Feuerborn] has been forced to liquidate all his assets to pay for the costs of defending himself in this matter.”  But previously on Page ID #2252 Feuerborn’s attorney claims that, “[David Feuerborn] only has his home in Palm Desert along with a few vehicles.”  These statements clearly contradict one another, and don’t even get me started on the “few vehicles” comment!  How many individuals do you know that have more than one car?  How many investors were forced to liquidate their homes, cars and other assets in order to make up for the money they lost in ESS?  To say that he still owns a “few cars” is a slap in the face to ESS investors that had to endure hardships because they lost their entire investment.  Maybe the IRS will obtain these cars and sell them at auction?  I would imagine they would do the same with the Palm Desert house.  We will see.

-ESS Investor