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Renown Con Man Found Dead

BilliesolCon man Billie Sol Estes, 88, was found dead inhis Dallas home. He died of natural causes. Estes was notorious because hecommitted fraud on many farmers in Texas. As a result, the farmers suffered seriousfinancial harm. Estes secured loans with fictional collateral and swindled allof the money. Consequently, he was convicted of fraud and served time in prison. However, once released Estes was picked up and convicted for fraud a second time. Although he was accused of other instances of tax fraud the indictment was eventually dismissed.

See William Barrett, Swindler Billie Sol Estes, Dead At 88, Is Remembered In Verse, Forbes, May 14, 2013.

Special thanks to Brian Cohan (Attorney at Law, Law Offices of Brian J. Cohan, P.C.) for bringing this article to my attention.

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