What Wrecked Kings That Reck? 1
Chef Murdered Over Hot Sauce? 2
Inside Tour of the Meth Trade 3

Russell Brothers Steals Airplane, Holds it for Ransom Over $12,000 Debt

By Pete Kotz in robbery
Thursday, June 17, 2010 at 2:40 pm
Russell-Brothers_opt.jpg
In the 1990s, Nashville pilot Russell Brothers was convicted of money laundering and drug smuggling. He did his time and seemed to have turned his life around, most recently working as a pilot flying relief supplies into Haiti for Catholic Charities...

But his problems -- and his old ways -- reemerged a few months ago when he loaned his business partner, Kenneth Baldwin Jr., $12,000 to close on a condo. In the meantime, the 73-year-old Brothers lost his home and cars in a flood. He'd also lost a deal he'd set up with Baldwin to buy a private airstrip after it too was trashed by the flood.

So Brothers badly needed the $12,000 repaid. But for some reason, Baldwin wasn't forking it over. That's when Brothers got a bright idea: He would steal Baldwin's $300,000 plane, then hold it for ransom until the 12 large was repaid.

Baldwin reported the plane missing two days later. Surveillance cameras caught Brothers swiping it from a Nashville airport. Brothers promised to tell Baldwin where he'd parked the plane -- but only after he repaid the $12,000 condo loan.

They set up a meet at a suburban Nashville restaurant. But instead of showing up with the money, Baldwin showed up with the cops. He's now charged with felony theft -- and he still doesn't have his 12 grand.

See our last tale of bad ransom plots: Man Holds Missing Dog for Ransom, But He's Outsmarted by Police.

More links from around the web!

Email Print