The tournament investigation occurred on Sam Rayburn June 8-10, 2012 after Game Wardens received numerous complaints about not receiving payouts for $125,000 prizes. Texas Parks and Wildlife Department Game Wardens and investigators spent over a year following McCloud and tournament promotions and a disclaimer guaranteeing a certain number of angler’s paybacks.
Changes were made to the information on the website
The site showed seven different payback brackets and entrants totaling 589, according to the original payback page only one payback breakdown received prize money. The 3-day tournament promised hourly paybacks and daily bonuses none of which took place.
McCloud turned himself in
Theft related to the fishing tournaments, a sealed indictment was returned to the Jasper County grand jury. An arrest warrant was issued on the theft charge which is a state felony punishable by up to two years in jail and up to $20,000.
McCloud said, “Every angler that fished the tournament knew what the numbers were and payouts were and give the opportunity to get a refund. Only two expressed an interest in doing so but later changed their minds.”
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