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Woman Pleads the 5th in Bankruptcy Case

368 views · Published 17 April 2013 · 2:32 · Indexed 30 October 2026

Channel: WTVC NewsChannel 9 · 2013 · News & Politics

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By Jerry Askin  For the first time, dozens of frustrated creditors heard from Janet Brown about her possible involvement in an alleged $12 million dollar Ponzi scheme. Brown appeared in court Tuesday to answer questions about an involuntary bankruptcy filed against her.Janet Brown admits she was a partner with the Brown's Tax Service, but wouldn't specify her role.  As the case moves forward in court, many creditors say they want the truth.We asked Janet Brown a number of questions after she walked out of Bankruptcy Court -- working to find answers for creditors. Charles Gregory says he invested over a $100,000 with Jack Brown.The meeting was useless, no one got any answers on anything, so what was the point? questioned Charles Gregory. At Tuesday's meeting, Janet Brown says she never had access to the E-trade accounts her husband Jack Brown used to deposit investors€™ money.   She also says she wasn't aware of Jack Brown hiding any assets.We kept a tally of how many times Janet Brown plead the 5th amendment in court Tuesday and we marked 60 times.She wouldn't answer how she was paid, her duties at the tax service, or how her husband Jack Brown was paid.   We asked Janet Brown's attorney to specify her role with the tax service.She's listed on the partnership tax return as a 25% partner and the trustee sold that, says Janet Brown's attorney, Thomas Ray. Martha Dickson says she invested over $22,000 dollars with Jack Brown, and says Janet Brown played a role in all of this.Yes, there's evidence that she was involved in these things, but I just don't see any remorse, says Dickson.Creditor Charles Gregory says he's being positive.I'll carry on, that's all you can do. You can cry, you can laugh, that's all you can do, says Gregory.A hearing is scheduled for later this month.  That's where we're told trustee Jerry Farinash plans to combine Janet Brown's bankruptcy case with her husband.

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