Stringer's mom pays the price for his ponzi scheme conviction - KCBD NewsChannel 11 Lubbock

10/4/09

Stringer's mom pays the price for his ponzi scheme conviction

Courtesy: Lubbock County Sheriff's Office Courtesy: Lubbock County Sheriff's Office

By James Clark | email

LUBBOCK, TX (KCBD) - Rod Stringer is not the only one paying the price for a Lamesa based, $7-million Ponzi Scheme.  NewsChannel 11 reported Friday that Stringer was sentenced to 10 years in prison and while he is living in prison, his mom will be evicted from her home.

Jennifer Stringer agreed last week to give up possession of a $105,000 house in Dawson County that Rod Stringer purchased for her. She must vacate the house by the end of December. The house will be sold and the money used to pay back Mr. Stringer's former investors. She will not be charged rent and she must make the home available to show to prospective buyers.

©2009 KCBD NewsChannel 11. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Fighting Back Against Identity Theft

How can someone steal your identity?  Find out how this common crime occurs and what you can do to prevent it.

  • Local News on KCBD.comNewsMore>>

  • From fame to shame: Playmate to do time scrubbing graffiti

    From fame to shame: Playmate to do time scrubbing graffiti

    Wednesday, May 24 2017 11:15 PM EDT2017-05-25 03:15:56 GMT
    Wednesday, May 24 2017 11:15 PM EDT2017-05-25 03:15:56 GMT

    A Playboy centerfold who snapped a photo of a naked 71-year-old woman in a gym locker room and posted it on social media with insults about the woman's body is expected to appear in court to resolve a criminal...

    A Playboy centerfold who snapped a photo of a naked 71-year-old woman in a gym locker room and posted it on social media with insults about the woman's body is expected to appear in court to resolve a criminal charge in Los Angeles.

  • Trump budget faces Dem opposition, GOP doubts about math

    Trump budget faces Dem opposition, GOP doubts about math

    Wednesday, May 24 2017 11:15 PM EDT2017-05-25 03:15:34 GMT
    Wednesday, May 24 2017 11:15 PM EDT2017-05-25 03:15:34 GMT

    Trump on Tuesday released a 10-year budget plan containing jarring, politically unrealistic cuts to the social safety net and a broad swath of domestic programs.

    Trump on Tuesday released a 10-year budget plan containing jarring, politically unrealistic cuts to the social safety net and a broad swath of domestic programs.

  • Setting aside past rude talk, Trump and pope focus on peace

    Setting aside past rude talk, Trump and pope focus on peace

    Wednesday, May 24 2017 11:15 PM EDT2017-05-25 03:15:21 GMT
    Wednesday, May 24 2017 11:15 PM EDT2017-05-25 03:15:21 GMT

    The meeting could provide powerful imagery to Catholic voters back in the United States as well as the possibility for conflict between a president and a pope who have not often seen eye-to-eye.

    The meeting could provide powerful imagery to Catholic voters back in the United States as well as the possibility for conflict between a president and a pope who have not often seen eye-to-eye.

Powered by Frankly