Another Letter Acknowledged by the Parole Board about Kelly G Rogers

Have You Written Your letter?

 

Kelly Rogers:" I never had to compromise my Ethics and Morals"

Ladies and Gentlemen, Amway diamond Kelly Rogers and his now famous quote; "What ever I did, I never had to compromise the really important things in my life. I never had to compromise my morals, I never had to compromise my ethics, and I never had to compromise, believe it or not, time with my family".

Don't forget to write your letter to the Parole board about this ethical giant.

The Texas Board of Pardons and Paroles

8610 Shoal Creek Blvd
Austin, TX 78757
TDCJ #01938357
Felony Conviction 380-81036-2012

"What ever I've done, you can do"

 

"Do I have an alternative motive? Absolutely!"

 



Kelly Gordon Rogers in the News again

It's the gift that keeps on giving. February 24th, 2015 story headline: "16 Texas Lawyers Disciplined on February Bar List".

On Nov. 26, 2014, the Supreme Court of Texas accepted the resignation in lieu of discipline of Kelly G. Rogers [#17194020], 56, of Dallas. At the time of Rogers’s resignation, a judgment of conviction by jury had been entered in Case No. 380-81033-2012 styled The State of Texas v. Kelly Gordon Rogers in the 401st District Court of Collin County, wherein Rogers was found guilty      of felony theft and was sentenced to 20 years in the Correctional Institutions Division of the Texas Department of Criminal Justice. Rogers was further ordered to pay a fine in the amount of $10,000 and court costs of $481.50.

His story...ending with a 20 year sentence.

Lawsuit filed to Disbar Attorney Kelly G Rogers

Convicted Oil, Gas Investment Fraudster Faces Disbarment by Kelly Knaub @ Law360

Law360, New York (September 04, 2014, 7:27 PM ET) -- The Texas Bar has filed suit to disbar an attorney serving a 20-year prison sentence for stealing $1.3 million from investors in fraudulent oil and gas schemes and hiding his track record of violating securities laws.

According to the Aug. 29 suit, the Commission for Lawyer Discipline says that Kelly Gordon Rogers should have his law license revoked pursuant to Rule 8.05 of the Texas Rules of Disciplinary Procedure. A Collin County jury sentenced him to the prison term and a $10,000 fine in May, days after it found him guilty of a single count of theft for selling to investors royalty interests in bogus oil and gas drilling projects.

Collin County prosecutors began their pursuit of Rogers in 2009, after he was indicted on a felony charge of misappropriation of fiduciary property, court records indicate. As that case developed, Rogers was hit with six more felony charges in mid-2012 including theft, money laundering and securities fraud in connection with the investment scam. Prosecutors estimated at the time that Rogers had stolen in excess of $2.8 million from his victims.

Prosecutors say that rather than investing his clients’ money, Rogers used the funds, including $950,000 belonging to Oklahoma City-based oil land leasing company Basin Management Group Inc., for personal expenses and to acquire interests in unrelated projects, such as a coal mine in West Virginia.

To keep investors in the dark, Rogers ran a Ponzi-like scheme, using new investor funds to pay off older investors who wanted to cash out, prosecutors claim.

Rogers never told his investors that he had been sued in February 2007 for alleged violations of federal and Texas state securities laws, fraud and breach of fiduciary duty in connection with his sales of investments in a Louisiana oil and gas venture, according to prosecutors.

He also failed to disclose that he was one of the defendants named in a July 2007 U.S. Securities and Exchange Commission suit against Global Finance & Investments Inc. over a $9.9 million Ponzi scheme that preyed upon over 100 investors nationwide, authorities say.

Rogers was one of the alleged facilitators of Global Finance company head Charles Davis, according to the SEC. The suit said he created similar investment offerings and passed funds on to Davis.

Shortly after the suit was filed, Rogers settled with the SEC by agreeing to disgorgement of $100,000 and a civil penalty of $50,000. He was also enjoined from future violations of federal securities law.

Mitchell R. Nolte, who represented Gordon in the Collin County case, told Law360 this week that he is not representing Rogers in this case.

Nolte said a plea bargain was struck about three weeks after the trial, with the state agreeing to drop the other six pending charges, five of which were first-degree felonies, in exchange for Rogers' dropping the appeal of the trial conviction.

Nolte said that it wasn’t easy to waive appeal because they felt they had some very valid points of error but that it was too good of a deal to pass up.

A spokeswoman for the Texas Bar declined to comment.

The State Bar of Texas is represented by Chief Disciplinary Counsel Linda A. Acevedo and Assistant Disciplinary Counsel Rebecca B. Stevens.

Counsel information for Rogers was not immediately available.

The case is In the Matter of Kelly G. Rogers, case number 54882, before the Board of Disciplinary Appeals, appointed by the Supreme Court of Texas.

--Additional reporting by Jeremy Heallen. Editing by Patricia K. Cole.

Prosecution prepares for Kelly Rogers' trial

According to the Collin County Website, the prosecution team has begin preparing for the trial of Attorney Kelly G Rogers.

The trial is set for May 19th, 2014 and prosecutors have asked the Honorable Mark Rusch the trial date be set in concrete after an ongoing effort by team Rogers to delay. Our understanding is that request was granted.

On March 25th, the State applied for 34 Subpoenas which have begun to be served. Stand by for justice to be served.

Kelly Gordon Rogers and Charles Ponzi

Ponzi schemes are named after Charles Ponzi (pictured), the flamboyant con man whose scam followed a particularly spectacular course.

Mr. Ponzi began telling New York investors in December 1919 that investments in foreign postage coupons could yield 50 percent returns in 45 days. By redeeming coupons bought cheaply overseas for much higher amounts in the United States, he could double their money in three months, he claimed.

Mr. Ponzi was a fast-talking immigrant and college dropout, and his scheme — according to Mitchell Zuckoff, Mr. Ponzi’s biographer — rested on the eagerness of ordinary working people to benefit from the wealth they saw being generated around them as the economy recovered from World War I.

Mr. Ponzi was convicted of mail fraud in 1920 and served time in federal and state prisons before he was deported to Italy in 1934, never having become a citizen. He died penniless in Rio de Janeiro in 1949 and was buried in a pauper’s cemetery there.

Two Schemers....One Goal

In a Ponzi scheme, potential investors are wooed with promises of unusually large returns, usually attributed to the investment manager’s savvy, skill or some other secret sauce. Its a get rich scheme primarily for the organizers, whether it be Kelly G Rogers or Charles Ponzi.

The returns are repaid, at least for a time, out of new investors’ principal, not from profits. This can continue as long as new investors line up with cash, and old investors don’t try to withdraw too much of their money at once.

Ponzi schemes are also known as pyramid schemes, from the shape of any chart that reflects their basic premise — that ever-growing layers of new recruits are needed to provide gains to the smaller, earlier cohorts. A gigantic pyramid scheme virtually bankrupted Albania after the fall of Communism.

The $65 billion fraud that Bernard L. Madoff perpetrated has been called the largest Ponzi scheme in history. Though the magnitude, scale and details are different, Mr. Ponzi’s scheme and Mr. Madoff’s fraud each reflect their respective, super-heated financial eras.

Mr. Rogers trial date is scheduled for October 21st, 2013. Rumors of a plea bargain are swirling around Frisco like one of Kelly's Oil and Gas deals. Stay tune.

State submits new evidence against Kelly G Rogers

The judge wasn't in court today. However, the bailiff said there was only an "announcement" today, which probably means the opposing lawyers are meeting by themselves, possibly discussing a plea bargain.

But according to the Collin County website, the State did submit a "Notice Of Filing Of Business Records Pursuant To Rule 902(10) Texas Rules Of Evidence". 

Business records from Mary L. Hixson from Stillwater National Bank and Jose Aguilar from JPMorgan Chase Bank, N.A.

No doubt more evidence that contradict information put forth by Kelly G Rogers of Frisco, TX. Keep an eye on the Collin County website for additional details. 

As always, we encourage our readers to utilize the comment tool to provide further details or any additional information that comes available through public sources OR any first hand knowledge you'd like to pass along. 

I'll leave you with a link to one of my favorite articles on Kelly G Rogers of Frisco, TX from the Investors watchdog blog.  

Anonymous said...March 8, 2013 at 10:23 AM

I would be doubtful of a plea bargain, the State filed a motion to consolidate, which means they are preparing to go full force, as reflected by the other recent filings, They re-set Rogers for an April appearance.

LAWYER Kelly Rogers Trial Scheduled for April 18.

Kelly G Rogers Trial Scheduled April 18

The Jury Trial of KELLY G ROGERS is scheduled for April 18th, according to the Collin County website. If you go to the site, enter Kelly G Rogers, the case 3808160009 is on the second page, second from the bottom.

If all all goes according to the schedule on the site, the pre-trial conference is schedules for 8:30 am the morning of April 13th, 2011 with the trial starting five days later. The indictment is the result of the State of Texas claims that Kelly G Rogers had removed over $400,000 from an oil and gas company and used the money for his own personal use. 

A link to the original indictment can be found by clicking on KELLY G ROGERS.

Kelly Rogers' not fulfilling his bankruptcy committment

A notice of Chapter 7 Bankruptcy hearing has been scheduled for September 27th, 2010 in the case of Kelly G. Rogers. The notice was sent out by the United States bankruptcy trustee who has filed a motion in the Kelly Rogers' bankruptcy to either dismiss the bankruptcy all together, or convert to liquidation under Chapter 7.

This is significant because the original filing by Kelly G Rogers was Chapter 11 reorganization. It required that Rogers' sell his home by July 30th, 2010 and pay the Bank of Texas their $1,728,278 and the Thompson Creditors $180,000. However, the home at 8 Riva Ridge was taken off the market on June 17th, 2010. Did they give up? Only they know.

Additionally, Rogers listed his monthly income (according to Federal Bankruptcy paperwork) as $23,759 for Kelly G Rogers and $31,750 for Carrie S. Rogers. With a combined monthly income of $55,509, Rogers' has failed to pay fees to the trustee and has failed to file operating reports to the trustee. Therefore, this will be a very interesting proceeding to determine whether Kelly Rogers shall be removed from Bankruptcy protection or if a total liquidation is ordered under Chapter 7.

There is a hearing set for 2 p.m. on September the 27th, 2010 at the following location; 2000 E. Spring Creek Parkway, Plano, TX 75074. The Bankruptcy Trustee is Linda S. Payne will be presiding.