By Olivia Tock
Published: Feb. 27, 2024 at 12:24 AM CST|Updated: Jun. 10, 2024 at 6:33 PM CDT
SCOTT COUNTY, Mo. (KFVS) - The arraignment date is set for a Sikeston man facing dozens of felony charges including forgery and stealing.
According to the special prosecutor on the case, the arraignment for Carl Eugene Rose is set for Thursday morning, July 11 in Scott County.
This comes after his preliminary hearing on June 5 when the judge bound Rose over on all counts, including 46 felonies and four misdemeanors.
According to online documents, Carl Eugene Rose pleaded not guilty at a hearing held on March 6. His bond was reduced to $50,000 cash or $100,000 cash or surety. Court records state he posted bond on Thursday, March 7.
Rose was arrested on February 28, according to online records, after an arrest warrant was issued by the Scott County Circuit Clerk the day before, with his bond originally set at $50,000.
Rose is accused of forging signatures, misappropriating funds as well as liquidating petty cash for personal gain.
Online court documents state that the victim claimed to work at Southern Funeral Services in Sikeston, Missouri with Rose, who was the president of the business and the organizer of 2BF Properties, LLC. The victim said this business was formed on February 12, 2020, and is an S Corporation registered under the laws of the state.
According to the document, the victim discovered suspicious electronic money/credit transactions, which led to an internal investigation. Additionally, the victim found incidents of forgery where the victim’s name was signed to bank documents without prior knowledge or authorization.
The first instance occurred on August 23, 2021. It was a commercial loan for a business vehicle, which totaled $66,981. The victim’s signature was present on several pages.
The second was a personal truck loan. The agreement date was February 10, 2022, and the total loan amount was $73,106. It was used to purchase a vehicle for the business. The victim’s signature was on page 2 of the application.
According to the online court documents, this equated to around 11 counts of forgery at the time.
The victim also noted that during the time of the vehicle loan applications, he was at home sick and had no knowledge of the transactions.
In August 2022, the business’ accountant alerted the victim of red flags in the financial reports. The victim learned Rose was misappropriating company assets for personal gain, liquidating company assets and overleveraging company debt.
As of November 2022, certified public accountants told the victim that Rose’s misappropriation totaled $154,592.84. As of October 2022, the victim learned through bank statements that Rose had misappropriated $21,000 of the company assets of 2BF Properties, LLC.
The misappropriation of funds for personal gain includes unauthorized financial transactions on the company credit card, bank account, as well as Rose linking his personal account to the business accounts to receive money.
In a review of the purchases/transactions, the following were described: rodeo entry participation fees, bling for horses, dog products, airline tickets, hotel expenses, rental vehicles, lottery tickets and other items not commonly associated with transactions of the victim businesses. During these transactions, Rose reportedly liquidated Southern Funeral Services, Inc. petty cash in the amount of $15,375.86.
According to online court documents, Rose faces 16 felony counts of forgery, two felony counts of defrauding secured creditors, 25 felony counts of stealing ($750 or more), three felony counts of money laundering or attempted money laundering, three misdemeanor counts of stealing and one misdemeanor count of stealing (value less than $150 and no prior stealing offense).
Rose is also facing an injunction, temporary restraining order and other relief with SaddleBook, Inc. in a petition from Kim Crimm and Dash for Cash Productions, LLC.
According to online court documents, false and defamatory statements were made about Crimm and Dash for Cash on a Meta post created by Rose and SaddleBook sometime around July 13, 2023. The post was seen by a worldwide audience and was copied and shared since it was posted.
The post reportedly led to online attacks on the reputations of Crimm and Dash for Cash.
Additionally, online court documents state that Rose was in business with Crimm and Dash for Cash. He opened a bank account at the bank his husband worked at in Missouri and forged Crimm’s signature to open the account. He allegedly used the account to make personal purchases, which were unauthorized by Crimm and unrelated to the business. Crimm tried to access the account, but Rose barred her from doing so.
Crimm reported Rose and his husband’s actions to the bank and Rose’s husband was subsequently fired from the bank.
Rose is accused of liquidating, misappropriating and stealing the assets of Dash for Cash for personal gain. Crimm believes there is more evidence of additional transactions Rose made that are unknown at this time.
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