DOJ tax division now involved in Beakley case - KCBD NewsChannel 11 Lubbock

DOJ tax division now involved in Beakley case

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John W. Beakley (KCBD File Photo) John W. Beakley (KCBD File Photo)
LUBBOCK, TX (KCBD) -

Tuesday, the U.S. Department of Justice Tax Division got involved in the case against John Beakley and his company, Roundtable Corporation.

Last week, Beakley was accused of investor fraud in a civil lawsuit.

A Lubbock judge seized control of Beakley's companies, including Roundtable, I-27 Power Sports, I-27 Marine, the Dairy Queen locations in Wolfforth and Idalou - and many other companies. All Dairy Queen locations in the city of Lubbock are owned by Brady's Dairy Queen, Inc. and are not affiliated with Beakley's company.

Due to a technicality in the law, the Lubbock judge had to release control of those companies on Monday, but the case is not over.

Not only is the Department of Justice Tax Division involved in the Lubbock case, it's also involved in a related bankruptcy case.  The DOJ has now "appeared" in the Beakley cases and has asked to participate in court hearings and motions.

Beakley has not responded to allegations of investor fraud.

A court hearing is set for March 14th, but is likely to be put off until March 29th.

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