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ed bosarge

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Press release

Lawyers for Ed Bosarge want a mysterious group they call the “friends of Marie” and “Marie’s minions” to stop helping her in her search for justice in a Harris County courtroom.

Billionaire Bosarge has been accused of fraudulently moving up to $2.3 billion into secretive South Dakota trusts to hide from his wife of thirty years, Marie, and leaving her in financial ruin.

Court documents show Ed Bosarge has paid more than a million to his team of high-priced and that he has spent more than a million dollars to his much younger Russian girlfriend and her family, paying for expensive clothing, jewelry and cosmetics.

Court documents show that Marie is asking 312th District Court Judge Chip Wells to prohibit Ed Bosarge from spending any more community property money on his girlfriend and other third parties.

Image source: edbosarge.com

Ed Bosarge: Pay It Back

Bosarge Divorce: Texas Divorce Case Now an Issue in South Dakota Senate Race

Bosarge Divorce: Money Over Morality?

Marie Bosarge is unable to afford the legal fight at all after their 30-year marriage. She owes nearly half a million dollars to lawyers and hundreds of thousands more on property taxes she can’t pay on the house she isn’t allowed to sell. She has asked Judge Chip Wells to allow her to sell the house and use some of the money to finance her case.

“I want what’s fair. It’s my money too, you know. That’s what’s so frustrating. We earned that money together while we’ve been married,” Marie Bosarge said.

Ed Bosarge’s use of the South Dakota trusts has exposed a curious tax haven right here in the United States.

Marie’s fight hit a roadblock in South Dakota after lower courts denied her right to get into the secretive trusts. But did she stand a chance with who her attorney was?

Patrick Goetzinger is a lawyer who sits on the Governor’s Trust Task Force and is the registered agent of the South Dakota Trust Association. He is credited with setting up the rules that Marie is having to fight. Why would a guy like Goetzinger help undo the work he spent the last 20 plus years creating?

The planned jury trial is delayed by the COVID pandemic but is sure to be one of the largest divorces to ever play out in Houston courts. Lawyers for Ed Bosarge want the “minions” to stop interfering in the divorce case because they say the negative publicity will mess with the prospective jury pool.

A hearing to discuss the behavior of the minions is set for Thursday, August 6, 2020 at 1:30 PM in the 312th District Court.

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Press release

Texas billionaire Ed Bosarge is accused of hiding up to twelve billion dollars from the grasp of the Internal Revenue Service, but now we know one of Houston’s richest men just took taxpayer money from the government’s small business bailout.

Three businesses owned by controversial Houston billionaire Ed Bosarge were given up to 1.7 million dollars according to documents released by the Small Business Administration.

Houston Health Span, a life sciences company, received up to 350,000 dollars for five jobs. Sola, a sugar substitute venture, also received up to 350,000 dollars. The biggest chunk of the money went to Capitol Technologies, doing business as The Bosarge Family Office. That is the administrative arm of family investments and business.  Capital Technologies received up to 1 million dollars.

Ed Bosarge is locked in a nasty divorce case playing out in courts in Houston and South Dakota. He is also facing fraud allegations in at least two other lawsuits. 

Image source: edbosarge.com

4th of July: Fireworks in The Bosarge Divorce Case

Bosarge Divorce: Texas Divorce Case Now an Issue in South Dakota Senate Race

Bosarge Divorce: Money Over Morality?

In the divorce case, his longtime wife, Marie Bosarge, claims the Houston billionaire is trying to hide up to 12 billion dollars in assets in trusts spread around the world to evade taxes. 

Court documents allege up to 2. 3 billion is being hid in South Dakota trusts. Publicity around the case is putting a spotlight on South Dakota’s reputation as a “little Switzerland” where as much as 3.2 trillion dollars are evading the tax man.

“Ed Bosarge has mansions and yachts spread around the world and he hides his riches from the IRS, yet he’s more than willing to ask taxpayers for help instead of selling one of his toys,” says  Wayne Dolcefino, President of the Houston based investigative media consulting firm probing the growing fraud allegations around Bosarge.

“He ought to pay every penny back.”

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