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Newspaper
Aiken Standard
Location
Aiken, South Carolina, United States of America
Date
Jan 20, 2015
Page
13
Alberta Brooks recounts moving to Aiken for a fresh start and trusting pastor Brooks in a CD investment that grew from the Charles Howell Trust. After successful early returns, she encountered a troubling shift naming Compass Academy, amid a financial scheme connected to her elderly funds.
A CD is a low risk investment for cash not needed for months or years. Banks pay higher interest if money stays in the term, unlike money market or checking accounts. The article then shifts to a separate crime piece about a man named Brooks. victim Alberta describes losses from Compass Academy investments and the impact on her independence, finances, and trust, noting her fear, regret, and belief that justice was not fully served.
Jay Brooks pleaded guilty in September to three counts of securities fraud and two counts of forgery. A judge sentenced him to a combined 15 years with three 10-year terms suspended to five years probation, credit for time served, and restitution to about 70 victims. He is imprisoned at Kershaw Correctional Institution. Prosecutors say he ran two schemes, the Charles Howell Trust and Compass Academy, diverting investor funds for personal use and planning a private school with his wife, harming multiple investors and drawing civil suits.
In Yangon's shadow, Thant Zin Oo an 11 year old and his 15 year old brother Ko Min scavenge for scraps to buy glue. They earn mere dollars daily and dream of better lives as poverty, displacement, and lack of education push children toward drug abuse and street survival. Local aid groups warn of rising vulnerabilities among homeless youths amid urban growth and economic change.
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