Investment Scams
LdF Indian Tribe’s resort complex in Mississippi ends up on auction block
Joe Costanza, NN.N Editor (The following story was updated Saturday, Jan. 23 to incorporate new information, including comments from one of the original principal investors, Charles Cato). A Mississippi resort-casino venture has turned out to be a bad bet for the Lac du Flambeau Indian Tribe, which as a minority partner sunk an estimated... »
Lack of notice postpones tribal chairman election
Tribal members also given presentation on bond issue Heather Holmes – General Manager – Lakeland Times More than 120 Lac du Flambeau Band of Lake Superior Indians tribal members gathered at the public school Saturday to see the seating of a new tribal council chairman, but a snafu in noticing the meeting resulted in... »
Judge refuses to name receiver for casino
By Cary Spivak of the Journal Sentinel Posted: Jan. 10, 2010 5:59 p.m. In a ruling that could have a far-reaching impact in Indian country, a federal judge has refused to appoint a receiver for the Lac du Flambeau’s northern Wisconsin casino even though the tribe defaulted on a $50 million bond. The action... »
Grand Soleil faces foreclosure again
By Cassandra Mickens (Contact) | The Natchez Democrat Published Wednesday, December 2, 2009 NATCHEZ — Britton & Koontz Bank has initiated foreclosure proceedings against Grand Soleil Casino Resort for the second time. B&K has scheduled the sale between 11 a.m. and 4 p.m. Dec. 23 at the Adams County Courthouse, according to a legal... »
Tribe’s Mississippi plans hit new snags
Lac du Flambeau’s casino complex venture faces foreclosure threat yet again By Cary Spivak of the Journal Sentinel Plagued with problems almost from the start, the Lac du Flambeau Chippewa tribe’s bid to build a gambling complex in Mississippi has run into a series of new obstacles, putting the Wisconsin-based tribe’s multimillion-dollar investment at... »
Ldf tribal president steps down
Lakeland Times – Doug Etton Sports Reporter As of this past Monday, the Lac du Flambeau Band of Lake Superior Chippewa Indians were without a tribal president after Carl Edwards, who was elected in 2008, resigned his seat as the head of the Lake Superior band. Edwards submitted his resignation in writing Monday which... »
From: Ernie St. Germaine
From: uncle_ernie29@hotmail.com To: geraldine_brown@ldftribe.com; Carol J. Brown<cjbrown2@charter.net> Subject: RE: POINTS TO PONDER I will just say this one thing with regard to the trash mouth that wrote this and did not have the courage to sign it. Carl Edwards is our President. »
LdF band allegedly loses millions after plans for casino boat sink
Enterprise rids itself of Natchez river boat; attorney says plans for casino move on Doug Etten – Sports Reporter Grand Soleil LLC, a corporation in which the Lac du Flambeau band of Lake Superior Chippewa Indians is part shareholder and has invested millions of dollars, has confirmed through its attorney, Kent Hudson, that the... »
Tribe’s partners in casino a crapshoot
Posted: Jan. 29, 2005 Spivak & Bice – The Milwaukee Journal They say the key to getting a casino license is to be as pure as the driven snow. Casino management is a business where the perception is reality – at least when regulators are doling out licenses. All of which makes the identity... »
Ho-Chunk buy Beloit land other tribes had eyed for a casino
Associated Press and State Journal staff BELOIT – The Ho-Chunk Nation has bought about 30 acres of land in Beloit where the St. Croix and Bad River Ojibwe bands have wanted to build a casino. The Ho-Chunk Nation, which maintains the land is in the tribe’s historic range, says it’s interested in developing economic... »