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Tarpon Springs Man Enters Guilty Plea in Investment Fraud Scheme

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Fake Security System Pitch Used to Dupe Investors

The Florida Office of Financial Regulation (OFR) today announced that John Edward Simpson, 64, entered a plea of guilty to eight felony counts of grand theft, 12 felony counts of securities fraud, 12 felony counts of failing to register a security, and 12 felony counts of failing to register as a securities dealer. Simpson, a resident of Tarpon Springs, perpetrated an investment fraud scheme out of Safety Harbor.
“Protecting Floridians from financial fraud is our top priority. This scammer falsely promised a return on investment using a fake security system pitch to deceive victims,” said OFR Commissioner Drew J. Breakspear. “I am proud of our investigative team, which gathered evidence, conducted interviews, and financial analyses, to ensure that Floridians received a positive outcome in this case.”
Simpson told at least 20 victim investors across the country that his company, Defense Technology Corporation DTC, LLC (DTC), had developed a security system to be manufactured and marketed to schools and universities in the United States. Simpson issued stock and promissory notes in DTC, but never established any revenue or customers. Contrary to representations, the majority of victims’ money was not used to further the business, but instead was used to pay Simpson’s “salary” and personal living expenses.
The OFR appreciates the assistance of the Tarpon Springs Police Department and Pinellas County Sheriff’s Office. The Pinellas County State Attorney’s Office prosecuted the case.
If you feel that you may be a victim of fraud or to report suspicious activity, please file a complaint with the OFR online, www.flofr.com, or call (850) 487-9687.

Folk Heritage Award Recipient William “Billy the Kid” Emerson to be Honored in Ceremony in Tarpon Springs

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Florida Department of State
The Florida Folklife Program and the City of Tarpon Springs will recognize 2017 Florida Folk Heritage Award recipient, William “Billy the Kid” Emerson, in a special ceremony hosted at the Tarpon Springs Heritage Museum on Sunday, April 2, 2017, at 3:00 p.m. This ceremony which is free and open to the public, will recognize Mr. Emerson’s lifelong contributions as a songwriter and producer, and will include a video presentation.
“We invite the community to take part in celebrating Mr. Emerson’s contributions and achievements,” said Secretary Detzner. “His dedication to his craft and his lasting influence contribute to the rich musical and cultural heritage of Florida.”
William Emerson was born in Tarpon Springs in 1925, where he learned to play piano in church. Following in the footsteps of his uncle George Hannah, Emerson began performing publicly throughout the area. He joined the Navy in 1943, and after the war, resumed performing with Tampa area acts including Ivory Mitchell, the Billy Battle Band, and Alfonso Brown Band. He acquired the nickname “Billy the Kid” while playing with a band that dressed like cowboys.
Also a talented athlete, Emerson attended Florida A&M University on an athletic scholarship, but left to serve in the Air Force during the Korean War. He later met Ike Turner and after being discharged, joined Turner’s Kings of Rhythm. In 1954, he signed a contract with Sam Phillips and wrote and recorded hits for Sun Records including “When It Rains It Really Pours” (later recorded by Elvis Presley) and “Red Hot.” In 1955, he joined Vee-Jay Records, where he released “Every Woman I know (Crazy ‘Bout Automobiles).” Shortly after, he joined Chess Records as their recording manager.Emerson later formed Tarpon Records, and continued to record and perform rhythm & blues both internationally and abroad.
In 1978, Mr. Emerson rededicated himself to his faith, became a pastor and returned to Tarpon Springs where he continues to serve his congregation and compose sacred music. Although he no longer performs secular music, the compilation album, Red Hot: The Sun Years, was released in 2009, and Mr. Emerson was inducted into the Rockabilly Hall of Fame.
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William Emerson

 
The Florida Department of State presents Florida Folk Heritage Awards annually to citizens who have made long-standing contributions to Florida’s cultural heritage by perpetuating community traditions. Like the National Heritage Fellowships, the Florida Folk Heritage Awards honor the state’s most influential tradition bearers for excellence, significance and authenticity as folk artists or folklife advocates. Information on how to make a nomination is available here and additional information regarding past recipients, including photos and bios, is available here.
The Florida Folklife Program is funded in part by the National Endowment for the Arts’ Folk and Traditional Arts Program. For further information about the Florida Folklife Program, contact State Folklorist Amanda Hardeman at 850.245.6427 or visit flheritage.com/preservation/folklife.
About the Florida Folklife Program
The Florida Folklife Program, a component of the Florida Department of State’s Division of Historical Resources, documents and presents Florida’s folklife, folklore and folk arts. The program coordinates a wide range of activities and projects designed to increase the awareness of Floridians and visitors alike about Florida’s traditional culture. Established in 1979 by the legislature to document and present Florida folklife, the program is one of the oldest state folk arts programs in the nation.