Summary

Footage Information

CONUS Archive
69084
ALAMO BANKRUPTCY AUCTION (1995)
FORT SMITH, ARKANSAS
PKG
03/08/1995
43:52
1:32
FORT SMITH, ARKANSAS ED TAYLOR REPORTING
JACKETS ON RACKS, AUCTIONEER HOLDING JACKETS, NATSOUND, SOUNDBITES, CROWD, FILE OF ALAMO, SOTS,
THE AUCTION OF ABOUT 2,500 DENIM JACKETS MADE BY A FORMER CULT LEADER'S FOLLOWERS TOOK PLACE TODAY IN FORT SMITH, ARKANSAS THE AUCTION WAS ORIGINALLY SCHEDULED FOR LAST DECEMBER BUT WAS CANCELED BECAUSE THE INTERNAL REVENUE SERVICE MISUNDERSTOOD A COURT ORDER PLANS FOR THE TWO-DAY AUCTION WERE BASED ON A BANKRUPTCY COURT ORDER LAST SUMMER LIFTING A STAY ON DISPOSING OF PROPERTY IN A 1992 BANKRUPTCY CASE FILED BY TONY ALAMO ALAMO, 59, WAS THE SPIRITUAL LEADER OF A RELIGIOUS GROUP CALLED THE SUSAN AND TONY ALAMO FOUNDATION THAT FIRST OPERATED OUT OF A COMPOUND AT DYER, ARKANSAS IN THE 1980'S, ALAMO RENAMED THE OPERATION AND MOVED IT TO CALIFORNIA THE CHURCH OWNED SEVERAL MULTIMILLION DOLLAR BUSINESSES, INCLUDING A SUCCESSFUL CLOTHING FIRM IN TENNESSEE ALAMO FILED FOR BANKRUPTCY IN 1992 HE WAS SENTENCED IN SEPTEMBER OF '94 IN TENNESSEE TO SIX YEARS IN PRISON ON TAX EVASION CHARGES AND FINED $210,000 FOUR YEARS AGO, FORMER ALAMO FOLLOWER ROBERT MILLER AND SEVERAL OF HIS RELATIVES WERE AWARDED $11 MILLION DOLLARS IN A LAWSUIT ALLEGING LABOR LAW VIOLATIONS AND PUNITIVE DAMAGES THE JUDGMENT HAS GROWN TO $23 MILLION WITH THE ADDITION OF ATTORNEY'S FEES, INTEREST AND COSTS THE MILLERS TOOK THE IRS TO COURT TO STOP THE AGENCY FROM HOLDING THE AUCTION
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Keywords

SUSAN AND TONY ALAMO FOUNDATION
BANKRUPTCY
AUCTION
TAX EVASION
LABOR LAW VIOLATIONS
IRS
INTERNAL REVENUE SERVICE
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