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YP – US moves to seize $425,000...

YP – US moves to seize $425,000 in Ed Peters ill-gotten gains . . . on 12/31!

By: Magnolia Tribune - January 7, 2009

Only in the Dickie Scruggs world can the United States Government actually sue $425,000 in cash. But it has happened.

Complaint
Subsequent Order

In the case styled 3:08CV137, the US Government vs. $425,000 in US Currency, the US Attorney filed on New Year’s Eve to seize it after it had been forfeited by Ed Peters, who was “a member of a conspiracy to corruptly influence a sitting Mississippi Circuit Court Judge”. That doesn’t leave a whole lot to the imagination, does it?

In paragraph 9 of the complaint, it basically says that after being paid almost $1,000,000, paying taxes on it and subsequently losing his ass in the stock market, that $425,000 was all that was left over.

This document combined with Peters surrendering his law license would leave one with the distinct impression that Peters may not get indicted or plea after all.

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Magnolia Tribune

This article was produced by Magnolia Tribune staff.