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Consulting Foresters Employee Steals $4M from Timberland Company

Consulting Foresters Employee Steals $4M from Timberland Company

I ran across a very recent article (May 21, 2019) by Field Walsh from TXK Today which described a lawsuit filed in Texarkana federal court accusing a local couple of stealing more than $4 million from the wife’s employer at a forestry consultants office that was hired by a timberland management company.

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Contract Fraud

Contract Fraud

Landowners, like many home owners, utilize contractors to do the work that is needed to manage their forest lands. Frequently they are not trained in the finer art of contract negotiations and find themselves contracting for services they need, but do not fully understand. For instance, when I contract with a plumber, I know I … Continue reading Contract Fraud

Oct 2018 News — Con Men

Oct 2018 News — Con Men

As most of you know, our industry went from the big vertically integrated companies where timberland was a closely held asset for the paper and saw mills, to a world where the timberland has now been acquired by timber investment firms. That occurred in large extent in the early 2000’s, although you could draw the … Continue reading Oct 2018 News — Con Men

More Talk about Wildfires

More Talk about Wildfires

I brought up the topic of wildfires last month and specifically discussed the issue of wildfire arsons. I wanted to continue the subject briefly again this month. The problem can’t be overlooked. According to Verisk’s 2017 Wildfire Risk Analysis, 4.5 million U.S. homes were identified at high or extreme risk of wildfire, with more than … Continue reading More Talk about Wildfires

Arsons and Wildfires

Arsons and Wildfires

With all the talk about wildfires in California and the Northwest these past several months I thought I would look at fire prevention and specifically at arson’s. Although we haven’t heard much about the causes of some of the biggest blazes this year, over time it is estimated that about 30% of all forest fires … Continue reading Arsons and Wildfires