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Tag Archives: James Passons

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Future of Cooper Case Uncertain After Appraiser Acquitted

Case ResultsBy News AdminApril 7, 2006

NewsChannel 5 — A federal jury Friday acquitted a real estate appraiser accused of inflating the value of a state senator’s lumber mill. That came days after an Alabama couple pleaded guilty to numerous federal charges. The appraiser, James B. Passons, 61, declined comment after the verdict as he hugged relatives and friends outside the…

Jury Finds Appraiser Not Guilty In Case Involving Senator Jerry Cooper Loan

Case ResultsBy News AdminApril 7, 2006

The Chattanoogan —  A Federal Court jury on Friday morning found McMinnville appraiser James Passons not guilty on all charges involving a loan that allowed Sen. Jerry Cooper to sell a failing lumber mill. The jury deliberated all day Thursday and two more hours on Friday before making the finding on charges of bank fraud,…

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