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Petro America's web site is still up, and it's still the People's Company.
Supporters of Petro America -- the company started by KCK man Owen Hawkins that allegedly fleeced millions from investors nationwide -- conducted their second march on the federal courthouse on Tuesday, and it was suitably delusional.
This was one of at least three protests conducted by the Owen Hawkins support team, and the only one that made a lick of temporal sense: The first was held outside the White House when President Obama was in Indonesia, and the second was at the federal courthouse on a desolate Saturday.
But the third was a spectacle, with tens of satisfied Petro investors bombarding anyone who tried to enter the building with a flier demanding the immediate resignation of key Petro bullies: U.S. Attorney Beth Phillips, Assistant U.S. Attorney Daniel Nelson, and IRS agent Devin Fields. The flier accuses all three of "lying to a federal judge under oath."
The protest was a prelude to Hawkins' first court hearing held later in the afternoon, where Hawkins -- bespectacled, I swear, in diamond-crusted eyeglasses -- watched the judge as she listed new charges brought against him and several alleged co-conspirators, courtesy of a grand jury indictment.
Hawkins is charged with conspiracy, securities fraud, aggravated currency structuring, money laundering, and wire fraud. The other defendants include Texas woman Teresa Brown, Minnesota man Johnny Heurung, and an Atlanta man named Clarence D. Moore, who is not a CPA but allegedly prepared Petro's highly imaginative tax returns, in which the company claimed to be worth $284 billion. (If you believe federal investigators, it was actually worth about $284 billion less than that.)
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Petro's supporters handed out this flier before the hearing.
Upstairs in the packed courtroom, an audience of about 50 cowboy hats and fedoras shook their heads and seethed as prosecutor Daniel Nelson -- who apparently didn't heed shareholders' demands to resign -- argued that Hawkins had violated his bond conditions.
Per those conditions, Hawkins could not act as an employee of Petro America Corporation. His
brazen conference call with investors, his failure to take down Petro America's website, and his attempt to dissuade investors from cooperating with federal authorities was proof, Nelson said, of violations and an additional wire-fraud felony.
As the judge considered the alleged violation, she pointed out that Hawkins had sent her a letter requesting a new attorney -- written on Petro America Corporation stationery and signed "Owen Hawkins, CEO." She ordered Hawkins be taken into custody until a hearing could be held in the first week of December.
In the meantime, Hawkins is in jail. And his supporters aren't happy. After the hearing, the hatted brigade gathered in the courthouse lobby in trios, attracting double takes from passersby and confused looks from security personnel.
"We're worried about Owen right here. It doesn't have anything to do with Petro," said pastor
Ron Thompson. "If there was any kind of fraud, he wouldn't be here today," Thompson said, adding that more courthouse demonstrations are in the works.
For key Petro solicitor
Martin Roper and several other members of the Ministers Alliance -- a team of local ministers who owned and promoted shares of the company -- the spectacle culminated inside a nearby bail-bond store, where they were no doubt trying to devise a way to get Hawkins out of unglamorous, non-palatial prison: a cruel place where not even Owen Hawkins can wear his $5,000 fur coat.