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hoppyfrog
02-01-2008, 12:30 AM
From http://www.arktimes.com/blogs/arkansasblog/2008/01/cdi_executive_missing.aspx

Some two to three dozen officers are searching for John W. Glasgow, CFO and vice president of CDI Inc., on Petit Jean Mountain. Glasgow, 45, was reported missing to Little Rock police Tuesday.

Glasgow's Volvo was found parked, unlocked, at Mather Lodge. His laptop was in the back seat, Conway County sheriff's office spokesman Sonny Stover says. Stover said State Parks rangers are leading the search, assisted by Conway deputies and Franklin County emergency personnel.

Glasgow's wife, Melinda, who reported her husband missing, told police a .22 rifle was missing from their Little Rock home.

Stover said the search, concentrated around the lodge and trails in the State Park, will continue until dark. It's raining and sleeting on the mountain.

Statement from William Clark, Chairman and CEO of CDI Contractors, LCC.

“As reported in the media, John Glasgow, our chief financial officer, has been missing since Monday. John has been a trusted member of the CDI family for more than 17 years and our CFO for more than 12. We have been and will continue to assist law enforcement in their search for John. We remain hopeful he will be safely located.

In his absence, his duties have been carried out by other members of our accounting department, and I am taking an active role overseeing the effort. All of us at CDI continue to pray for his safe return and for his wife, Melinda. We also extend our sincere gratitude to the many state and local agencies, law enforcement officials and volunteers for their continued help in locating John.”

From http://www.arkansasbusiness.com/article.aspx?aID=102735.62508.114877

He left "a bank account number and the code to their personal safe on a pad of paper and left it on the table along with some checks to be mailed," according to the officer's report.

and

According to the police report, Melinda Glasgow said her husband was "stressed over events occurring at work" but "never made any statements about harming himself." She also told police that a .22 rifle was missing from the residence.

But John Glasgow's brother, Little Rock lawyer Roger Glasgow, told ArkansasBusiness.com (http://www.arkansasbusiness.com//) that the single-shot rifle was a family heirloom, rarely used, and might simply have been moved to a different storage area.

"We don't know whether he took the rifle," Roger Glasgow said. "It was one of the things that went into our thoughts about putting out a missing persons report, but that's not all that meaningful to us."

Roger Glasgow said that leaving checks to be mailed didn't seem out of character for his brother, a certified public accountant, but leaving his laptop computer in his unlocked car did.

more at link

pic
http://www.arkansasbusiness.com/images/photos/john_glascow.jpg

Hope4Lost
02-01-2008, 04:38 AM
Leaving important numbers and info behind before he left is very telling. Either he was expecting to disappear, kill himself, or run into trouble. I'm thinking one of the first 2.

Annie
02-02-2008, 02:49 PM
They found the 22 rifle at the house. This sounds like a planned disappearance to me, but I could be totally wrong. There have been many people searching and Petit Jean Mt. is not that big.

http://www.arktimes.com/blogs/arkansasblog/2008/02/john_glasgow_update.as

Annie
02-04-2008, 01:06 PM
The family is trying to get information out to the public about him. I don't know any way to spread it faster than Websleuths. There is a downloadable poster for anyone who lives in the area.

http://www.arkansasbusiness.com/article.aspx?aid=102814.54928.114943

debrock6
02-05-2008, 06:13 PM
As an employee of CDI, our fellow employees are very concerned about John's disappearance. If there's anything we can do from our end, even though we are states away, please let us know.

I see where Nancy Grace has mentioned his disappearance last night on her show and she will be mentioning him again this evening.

Our thoughts and prayers are with John's wife and family.

KR2tonenow
02-05-2008, 10:11 PM
There are alot of unanswered questions here. I certainly hope LE is looking for fingerprints at the home, in the car, and any evidence of kidnapping.

This gentleman was an employee (a VP no less) in Accounting.
An audit and employee questioning and interviewing is crucial at this time.

Leaving notes with financial matters for home says nothing to me. Other than the fact he may have had worries and concerns regarding work.

On Nancy Grace you can see the family members of John. This was a well loved guy. I hope they get some answers!!

SeriouslySearching
02-06-2008, 04:49 AM
This case is very reminiscent of the Ray Gricar case on the east coast that went missing and was never found. http://www.websleuths.com/forums/showthread.php?t=39539&page=9&highlight=ray+gricar

Reading that he left a bank account number and the code to a safe, my first impression is suicide. I am glad they found the rifle, but it doesn't mean he would not have access to other weapons. I think there is more to this man's personal or professional life we are not hearing yet.

hoppyfrog
02-06-2008, 05:35 PM
http://www.eldoradonews.com/news/localnews/2008/02/06/brother-of-missing-man-spreading-word-ab-78.php

6 Feb 08

Gary Glasgow of El Dorado, the older brother of a man missing in the Petit Jean State Park since Jan. 28, said family and friends have continued searching for him and are spreading the word about his disappearance in hopes that new information will surface.

John W. Glasgow, 45, vice president and chief financial officer of CDI Contractors of Little Rock, was reported missing Jan. 28 by his wife, Melinda, after his co-workers contacted her to find out why he didn’t show up for work.

“He left his house around 5:15 last Monday morning, and it was probably 2:30 in the afternoon when people at work called his wife to find out why he hadn’t shown up for work. She thought he’d left home early to go to work, so that was really the first that anyone realized that there was something amiss,” said Gary Glasgow.

John Glasgow’s car was found the following day in the Mather Lodge parking lot on Petit Jean Mountain south of Morrilton.

“There are some unusual things about it,”...

more at link

debrock6
02-07-2008, 10:09 AM
Has anyone read the link above in total? It would only let me read a portion of it.

If you have, would you be so kind as to post it here, or at least a synopsis of what was said?

FYI a $5000 reward in any information leading to the discovery of John has been posted on the families web site.

hoppyfrog
02-07-2008, 10:12 AM
Has anyone read the link above in total? It would only let me read a portion of it.

If you have, would you be so kind as to post it here, or at least a synopsis of what was said?

FYI a $5000 reward in any information leading to the discovery of John has been posted on the families web site.

I did not try to read the entire article. Perhaps bugmenot.com would have a user ID and password for the site.

Hoppy

hoppyfrog
02-14-2008, 11:42 PM
http://www.arktimes.com/blogs/arkansasblog/2008/02/glasgow_case_new_details.aspx

13 Feb 08

With the family of missing CDI Contractors chief financial officer John Glasgow looking on, Little Rock attorney Chip Welch addressed the media at Allsopp Park today, saying that the family now believes that "evidence points away from the mountain." He referred to Petit Jean, where Glasgow's car was found Jan. 29 and which has been searched extensively without turning up a trace of him.

Among the news from the event:

The reward for Glasgow has been increased to $70,000 -- $50,000 from the family, and and additional $20,000 from letsbringthemhome.org

Glasgow's Volvo has been forensically examined, and found to contain what Welch categorized as "no fingerprints," indicating that it may have been wiped down before being parked on Petit Jean.

Trained search dogs found no trace of Glasgow's scent leading away from his parked car, or anywhere else on the mountain.
In addition to Glasgow's cell phone and laptop computer, his bank card was found in the car. His wallet and car keys have not been found.

A park ranger at Mather Lodge on Petit Jean told police that Glasgow's car appeared in the parking lot there between noon and 1:30 p.m. on Tuesday. He'd last been seen leaving his home before 6 a.m. the day before, Monday, Jan. 28.

Welch said that while Glasgow had left a bank account number and the combination to a safe on a notepad at his home -- which some have taken as a suggestion that Glasgow was preparing to end it all -- he added that the numbers were found written several sheets from the top sheet of a pad of paper, and there is no way of knowing when they were written.

He reiterated, in response to a question, that there was no indication of any financial irregularities at CDI, one of the state's largest construction companies, a venture owned in equal parts by the Dillard Department Store family and the family of the late William Clark. A deal reportedly was nearing completion for purchase of Clark's share of the company by his son and investors including Glasgow.

more at link

Swannie
02-19-2008, 01:58 PM
Hello, I hope my post finds you in good spirits.

I found this blog and thought some of you might find it of interest. Please view the blog at the link:
http://www.arktimes.com/blogs/arkansasblog/2008/02/friday_night_lights_glasgow_re.aspx


Swannie

hoppyfrog
03-01-2008, 09:58 PM
http://www.eldoradonews.com/news/localnews/2008/03/01/new-information-arises-in-connection-wit-91.php

1 March 08

A missing Little Rock businessman with local ties was having a stressful financial relationship with Dillard’s Inc., before he vanished, according to one publication.

Arkansas Business reported late this week that John Glasgow “was under tremendous stress in the days before CDI’s chief financial officer disappeared on Jan. 28,” the publication wrote on its website Thursday.

Glasgow at the time was chief financial officer of CDI Contractors LLC in Little Rock, which is half-owned by Dillard’s Inc. Glasgow has not been seen since Jan. 28, although his car was found near Mather Lodge at Petit Jean State Park. He was 45 at the time. Glasgow’s brother, Gary, lives in El Dorado.

There is a $70,000 reward by the family and “Let’s Bring Them Home,” based in Springdale. A massive search and rescue effort in the state park failed to find Glasgow.

more at link

STEADFAST
10-06-2008, 06:36 PM
John Glasgow Missing Web Site, including links to Television Special, Magazine Feature, other media links
http://www.findjohnglasgow.com/
John was last seen leaving his Little Rock, AR home Monday morning around 5:30 am, January 28, 2008.
A cell phone ping later that day indicated that he was in the vicinity of Petit Jean Mountain.
His car was found unlocked the next day at the Mather lodge on Petit Jean with valuables still inside.

Websleuths Thread
http://www.websleuths.com/forums/showthread.php?t=59600&highlight=glasgow

Tonia
01-24-2009, 05:02 PM
I just read about this story and it is interesting to say the least.While researching the story i came upon the story of John within a article that is very interesting. It seems as though he was stressed about his job. Also the part about the embezzlement that he recovered. Could it be the man was mad at John and wanted to get back at him. Also the safe number on the paper,why did he write it down if Melinda already had it. Really interesting story. I cant find any updates about him though short of Oct. on the families website for him. The link below really tells alot about John and his story.

http://www.arkansasbusiness.com/article.aspx?aID=103412.48591.115557&view=all

Kat
01-24-2009, 06:19 PM
I don't see any recent updates either. His family has a website up:

http://www.findjohnglasgow.com/news.shtml

That link does not take you to the homepage but to the news section of their site. I haven't had time to read yet. Just wanted to go ahead and share.

Tonia
01-26-2009, 10:10 PM
A Year Later: Family Believes John Glasgow's Dead

http://www.arkansasbusiness.com/article.aspx?aID=111575&page=1

dreamweaver
05-04-2009, 10:57 PM
http://www.portfolio.com/executives/features/2009/02/11/Arkansas-Executive-Goes-Missing
March 2009 article from Conde Nast magazine. Portfolio.com
Did John Glasgow know too much about Dillard's Dept. Stores financial dealings?
He was the CFO of a billionaire dollar company.
Major problems before he disappeared.

John Glasgow's family has money. They cannot find any trace of John Glasgow.
Where is he?

dreamweaver
05-04-2009, 10:59 PM
http://www.portfolio.com/executives/features/2009/02/11/Arkansas-Executive-Goes-Missing
March 2009 Conde Nast, Portfolio.com article.
Very interesting information.

txsleuth
05-14-2009, 12:10 PM
The family has teamed with Let's Bring them Home and is offering a $100,000 reward in this unsolved case. This case is extremely similar to the case of missing DA Ray Gricar of Centre County, PA IMO. His car was found abandoned some distance from his home too...and that's where the investigation centered.

http://findjohnglasgow.com/news.shtml

dreamweaver
10-20-2009, 04:45 PM
AMW is said to air information about John Glasgow's disappearance
this Sat., Oct. 24, 2009.

Possibly preempted by baseball, but will air within a couple of weeks.

dreamweaver
12-01-2009, 06:40 PM
http://www.vanburencountydem.com/articles/2009/11/25/news/nws02.txt
Skeletal remains found in northern Van Buren County.

OkGrace
12-03-2009, 09:23 PM
Hopefully this person will be identified and a family will have some sort of resolution....

truthsleuth
01-15-2010, 11:40 PM
As of yet, still no identification has been made of the remains found in late November 2009 in the remote area of northern Van Buren County, Arkansas.

No further news can be found on this case. Anyone hear anything?

shefner
07-30-2010, 12:57 AM
Still wondering what happened to this case......

ggbliss
09-01-2010, 09:36 PM
Still wondering what happened to this case......

Shefner, thank you for your interest in my brother's case. There are no updates to be reported. However, the Investigation Discovery channel ("ID") will be featuring John on an upcoming episode of their show, "Disappeared." The series premieres October 4th, but we do not know yet when John's episode will air.

summer_breeze
09-04-2010, 07:39 AM
Welcome to Websleuths ggbliss. My prayers for the return of your brother to your family.

ggbliss
09-24-2010, 12:25 PM
Shefner, thank you for your interest in my brother's case. There are no updates to be reported. However, the Investigation Discovery channel ("ID") will be featuring John on an upcoming episode of their show, "Disappeared." The series premieres October 4th, but we do not know yet when John's episode will air.

We have now gotten word that John's episode on "Disappeared" will premiere on Monday, November 29, on the Investigation Discovery Channel (ID) at 10 p.m. ET.

SuperKyle
11-05-2010, 12:41 PM
You would be Mr. Glasgow's brother then is that right?
Terribly sorry for your the situation you are in.
And now I can ask a question that has been on my mind for some time now.
If the dogs found his sent at a couple of motels or hotels, did anyone investigate the logs from those hotels and the rooms in between the times he was missing and to the dogs being there?
Or were their any records of Mr. Glasgow having stayed there, possibly on the corporate card or whatever else.

I'm wishing you the best, truly.

shefner
11-05-2010, 01:56 PM
We have now gotten word that John's episode on "Disappeared" will premiere on Monday, November 29, on the Investigation Discovery Channel (ID) at 10 p.m. ET.

Thanks so much, ggbliss, for letting us know the date of the episode. For those who have never seen it, "Disappeared" is an interesting show that highlights mysterious cases of those who have gone missing. It is a great way to make the public aware of those individuals and the circumstances surrounding their disappearances. I will certainly be watching.

Praying in earnest for you and your family, ggbliss.

Texas Mist
11-29-2010, 02:37 AM
Reminder - this episode airs Monday nite

http://investigation.discovery.com/tv/disappeared/the-missing/john-glasgow.html

shefner
11-29-2010, 03:17 AM
I have been re-reading info about this case....can't wait to see the episode.

ggbliss
11-29-2010, 05:52 AM
You would be Mr. Glasgow's brother then is that right?
Terribly sorry for your the situation you are in.
And now I can ask a question that has been on my mind for some time now.
If the dogs found his sent at a couple of motels or hotels, did anyone investigate the logs from those hotels and the rooms in between the times he was missing and to the dogs being there?
Or were their any records of Mr. Glasgow having stayed there, possibly on the corporate card or whatever else.

I'm wishing you the best, truly.

Yes, the logs for the motels were checked, and there were no indications that my brother, John, was registered there.

ggbliss
11-29-2010, 06:04 AM
I have been re-reading info about this case....can't wait to see the episode.

Thanks so much, Shefner. Today's the day the show premieres! I'm a little worried now that I have seen the trailer, because it leans so strongly toward walk-away, and that is not what I believe happened, simply because it would be so incredibly out of character for my brother to abandon his family. It's been nearly three years now, and there have been no further sightings.

The dog hits and the supposed "sighting" at the Waffle House continue to mystify us. We know that sightings are generally very unreliable. We've had other sightings where we have checked video, and the person in the video was not even vaguely similar to my brother. The dogs that hit on the motels were from a New England dog team that specialized in following old and contaminated scent. I am not sure what their track record is.

shefner
11-29-2010, 11:36 PM
ggbliss...thank you for your response. I am currently watching the episode. Is it possible that John had a breakdown of some type and walked away due to this? Also, is it possible that Dillard's was somehow involved....things seemed great for John until they came into the picture.

On a personal note, my heart breaks for you and your family. My continued prayers are with you. I know that any word would bring such relief for you.

Snarky247
11-30-2010, 12:36 AM
ggbliss....just wanted to add my best wishes & positive thoughts to you, your brother & your sister-in-law. Something about her broke my heart watching Disappeared tonight.

shefner
11-30-2010, 12:43 AM
ggbliss....just wanted to add my best wishes & positive thoughts to you, your brother & your sister-in-law. Something about her broke my heart watching Disappeared tonight.

Yes, I agree Snarky. Something about this case just tugs at my heart...and keeps my mind spinning.

BTW, Snarky, congrats to you on the birth of your most recent grandbaby. That's precious...

twinkiesmom
12-01-2010, 10:46 AM
I watched the Disappeared segment with great interest, but it raised more questions..What was the final answer regarding the Dillards financials? Was there money missing or was the discrepancy all on paper? Did John have enemies in his own office?

I also wondered after seeing the segment given his extreme devotion to family and extreme stress over work issues whether the Waffle House sighting was real, and he was operating in some form of fugue state (not aware of his identity and operating on autopilot). Just speculating, but the circuitous route to the state park shows some evidence of disorganized thinking (assuming John was driving the car).

I also think the details of this case are somewhat similar to Ray Gricar's and wonder if they disappeared the same way.

scaredtopost
12-01-2010, 06:20 PM
I first learned of this case after watching last night’s episode of Disappeared. My heart breaks for John’s family. How can someone just disappear? It seems impossible, but there are so many missing people. It’s truly baffling. It would be wonderful to hear of some type of progress on this case. My first thought was he was kidnapped because he uncovered money mishandling. He was said to be such an honest man, I’m certain he would reported any such mishaps. Could he have been silenced before being given the chance? I hope his family finds comfort in remembering what a wonderful man he seemed to have been. I hope they will one day find a resolution. They at least deserve to know what happened.

summer_breeze
12-01-2010, 06:58 PM
Hello all.

I am going to move this thread to the Discussion forum.

~Summer_Breeze

dreamweaver
12-01-2010, 07:51 PM
John Glasgow: I was very glad to see Disappeared feature his missing person status/story.

I know it may be as simple as he walked away.
But, ever since I first read about this case, I felt there was more to it
than that.

JMO:
Dillard's. It is a huge corporation.
Maybe, their stance toward John made him want to run and take any focus off his family.
?
Maybe, his disappearance is at their hand's... as in the stuff of all the The Firm
kind of movies.
I certainly do not know.
And as I said, JMO>

I just hope he can be found. Or there is an answer, something to ease his family's mind.

October
12-01-2010, 09:40 PM
I watched the Disappeared show on Monday, and this case has been on my mind since. I find that the show raises more questions for me than it answers.

Starting at the beginning, are we sure that John was the one driving his vehicle when it left his home? John was very well-off, I assume his residence has some sort of security system. Were there any cameras? One thought I kept having while watching was that John may not have left the house alive. Would it have been possible for someone to gain access to the home without tripping a security system? Did John turn off the system to let someone in or go out to meet someone before the 5:15 departure time? The neighbor could not verify that John was driving, only that he saw the vehicle leave.

John's phone was turned on at the same time he left the house and helped track his vehicle. Was it customary for him to turn his phone off at night and turn it back on when he left for work? Most people I know leave their phones on all of the time. Perhaps someone turned it on as a red herring because they wanted the search centered on the mountain instead of where it should have been.

Also, while my gut says that John's wife Balinda does not know what happened to her husband, but was she ever given a polygraph test? There is the possibility that something happened in the house or that Balinda knew he was walking away and why. She says they had a conversation discussing their options only a week or so before the disappearance, maybe what happened was one of the options they discussed. It was customary for John to come home for lunch, was it for Balinda as well? Did she usually communicate with him throughout the day? She knew that he had left early without showering or making coffee, and then didn't talk to him at all. Yet she didn't have a clue that something was wrong until John's colleague called her at 2:30. Was that an unusual amount of time for her to not realize it?

The dog picking up the scent at the same Waffle House where the server was 100% certain that he had served John is a fantastic coincidence. Were the rooms that the dog lead them to searched or fingerprinted? Do they know who was staying in those rooms in the weeks following the disappearance? Have these leads been checked out? Were the security cameras at the gas station where the scent was picked up looked at? If John was at these places, he had to have had help getting down the mountain or help driving the car up to the lodge. He could not have done those things by himself.

Is there a possibility that John was going to resign that day? All of his company issued cards and phone together in his company laptop case makes me wonder if this was the case and someone didn't want that to happen.

Whew! Lots of rambling going on in this post. I just wanted to get my thoughts out there and see if anyone could answer questions.

illeKllaH
12-01-2010, 11:39 PM
I, too, first learned of this case after watching Disappeared. I know it's horrible for the family to think, but it does seem as though he just disappeared. Just some things I've been wondering about:

1. Any banking activity since? What about any abnormal transactions shortly before? While it wouldn't provide much in the way of evidence, it might give some indication as to his intentions.

2. I saw SR dogs were present. Were, God forbid, cadaver dogs ever taken to the hotel/lodge place in the mountains?

3. Going along with the dogs, they didn't hit on the hotel room or Waffle House for no reason, IMO. Did WH have security tapes? Were the hotel records checked beyond if he was registered? Someone was there.

4. Has his SSN been tracked at all? I know in most states the time to declare someone legally dead is usually 7 years, so that's not an option at this point, but Discovery ID had a case not too long ago in which a father abandoned his family and started over in Galveston, TX, I believe. His wife had him declared legally dead and when she did that, she received a notice stating he wasn't dead. The way they found him was by tracking his SSN after that happened.

5. One thing that I have trouble getting past is that there were no prints found on the car. Just from grabbing the door handle, you're going to leave a print. It sounds as though it was wiped down...which wouldn't make sense if he was going to up and disappear on his own accord.

6. He left that area somehow. Are there any bus lines or anything that run close?

7. I assume both his work and personal computers were checked extensively?

8. All through the episode, I couldn't shake the idea that Dillard's had something to do with it. I know he was cleared eventually, but what happened before that? Did he find something that he either shouldn't have or that could've been detrimental to the Dillard's name?

I hope some answers are found in this case for the family.

OkGrace
12-02-2010, 06:42 AM
I am fairly local and actually searched with TES one day on the mountain,
(I do not know anything other than what has been reported.) I met a brother and sister. If I recall he has several siblings and they are a close knit family.
I did not get the feeling that he "ran". I often think of this case and his family.

MomofBoys
12-02-2010, 01:23 PM
I had a few jumbled thoughts about this case after watching the Disappeared ep.

I agree with a PP that the dogs hitting a trail after a fairly credible sighting was significant.

He left all his work items together in a case and some of those items would have been out. The work cell, etc. Did he typically package all those things together? I can't imagine.

The password and bank account numbers written down on the pad were compelling tidbits, even if Melinda now discounts their importance. She says they had the password written down elsewhere in the house. But what wasn't mentioned on the Disappeared ep was that he also had left pre-signed checks for her to mail out. I'd love to know if this was usual behavior.

According to LE, he has never accessed his bank accounts since. There was more money in the safe than he and Melinda had discussed. Was he attempting to make sure she'd never be in a financial crisis?

He disappeared three days after he wrote the letter to Dillard's, but it's still unknown if that was ever sent, I guess.

I believe the dogs couldn't pick up a trail because he left his car and walked (hopefully) into one parked next to him.

My gut says he's living in a cabin somewhere living off the land. He loved the outdoors and felt at peace there. Maybe everything wasn't as idyllic in the marriage as alleged; there wouldn't even have to be major discord, but maybe the pressure was coming from more than one direction.

The only thing I can't wrap my brain around is the fingerprint/car anomaly and why LE was seemingly so quick to dismiss the sightings in Russellville. Is there a regional airport there? Train? Greyhound station? He could get a long way on what, to him, would be a fairly unnoticeable amount of cash. He could have started putting together an escape route on the 'worst day of his life.' Maybe he even intended to call for Melinda, but embarassment/fear/media attention has made him stay underground.

gaia227
12-07-2010, 12:41 PM
I watched the Disappeared episode last night and was very intrigued. The first thing I thought of was Ray Gricar - not to say they are related, their disappearences are just very similar.

One thing I don't recall being mentioned on the show was his computer records. Were his personal computers, work computer and/or laptop investigated to see what, if anything, he had been looking at? Any emails that were out of the ordinary? Google searches? Etc.

Given the circumstances, on paper it seems like a man who staged his disappearence however it just doesn't seem quite right. Was CDI ever able to figure out where that 7.1 million dollars went? I know John's family reads here and I certainly do not want to offend anyone by questioning John's character - by all accounts he seems like an honest, hard-working, responsible, good person. For the sake of looking at every possibility - is there a possibility John could have stashed some of the 7.1 million and that is what he is using to get by IF he did stage his disappearence which I don't really believe is the case but anything is possible.

The timing of his disappearence is just so suspect and raises so many different scenarios. Was John going to meet someone that morning regarding work, something so sensitive they wanted to meet outside of work or home. Someone from CDI or from Dillard's? Did John just need to clear his head so he drove out to Petit Jean to take an early morning hike before work- it IS interesting that is where his car was found considering it was a place he was familiar with. If so, then why did he leave everything work related in his car and then leave it unlocked? That doesn't make sense. Every scenario you can think of which makes some sense always seems to end with but....that doesn't really make sense in the end.

The situation with the sightings and the dogs in Russellville are interesting. The dogs went to the exact places John had reportedly been seen - that seems like more than just a coincidence. But if he did plan on getting away and starting over it seems unlikely he would spend 3wks in Russellville which was pretty close to his home and still in the news coverage area. Why would he do that? If I was going to run away I would go a lot further than less than 100 miles.
If someone was wearing John's clothes would the dogs still detect his smell enough to follow it 3wks later?

So many questions. I feel for the family. I couldn't imagine my husband vanishing in the first place but the vanish and then leave this trail of baffling clues would be unbearable.

Wannabe2
12-07-2010, 07:06 PM
An idea that was not discussed was whether someone came to the Petit Jean mountain lodge parking lot in another vehicle and picked John up. It would explain why the scent trails did not really go anyplace. He arranged to meet a helper or friend there, ditch his cell phone into water, and make it possible for everyone to think that he took his own life in a nice natural setting. He may have seen no other solution than to walk away. He obviously left his wife well provided for.

swanniee11
12-08-2010, 01:38 PM
I just watched the show today and came directly here. I am baffled that he is SUCH a family man, worked O/T to figure out what was going on in the financial aspect of his job with Dillards. I have a sick feeling he came across something and possibly went to meet someone in regards to this. For someone to record his conversations, something is wrong there. Not to mention they go to the public saying John or the firm had done nothing wrong and a month later place the blame on them??? I also have a sick feeling about the fact that there were no finger prints on his car, not even his. Who's to say that something went wrong and the perp who may have had his scent on him is the person the dogs tracked. Could have been a hired hit. IMO.

Roger, Melinda and family... I am very sorry for what you and your family are going through.

ggbliss
12-09-2010, 09:34 AM
The "Disappeared" episode on John Glasgow is available (at least for now) to watch at http://www.megavideo.com/?d=N5V382UP Just click the big red "play" button and it should start.

J. J. in Phila
12-13-2010, 02:31 AM
I just watched the show today and came directly here. I am baffled that he is SUCH a family man, worked O/T to figure out what was going on in the financial aspect of his job with Dillards. I have a sick feeling he came across something and possibly went to meet someone in regards to this. For someone to record his conversations, something is wrong there. Not to mention they go to the public saying John or the firm had done nothing wrong and a month later place the blame on them??? I also have a sick feeling about the fact that there were no finger prints on his car, not even his. Who's to say that something went wrong and the perp who may have had his scent on him is the person the dogs tracked. Could have been a hired hit. IMO.

Roger, Melinda and family... I am very sorry for what you and your family are going through.

I have to generally agree here,

I could see murder or a forced departure i.e., "If you don't leave, we'll sue you and even if you win you'll be broke and you're reputation ruined. We'll give you enough money for a new start, and your wife will get your assets,"

I could also see someone saying, "Lay low for a few days while we sort this out," and them sending to killMr. Glasgow.

summer_breeze
02-07-2011, 07:41 PM
http://www.arktimes.com/ArkansasBlog/archives/2011/02/07/death-declaration-sought-for-john-glasgow

Posted by Max Brantley on Mon, Feb 7, 2011 at 5:00 PM


A petition has been filed in probate court seeking a death declaration for John Glasgow, the Little Rock construction company financial officer who's been missing since leaving his home early on the morning of Jan. 28, 2008. His car was later found at Petit Jean State Park, but no trace of him has been found.

http://www.arktimes.com/images/blogimages/2011/02/07/1297109232-johnglasgow.jpg

JaneDoe91
05-11-2011, 02:33 AM
I am absolutely positive that this man did not just decide to walk away from his life. I have nothing to base that on but my gut feeling, but I just can't bring myself to believe this was a "walk away".
Just a couple things that struck me as pecular. The only reason I can think of for a person to wipe away fingerprints is that of avoiding detection. A man who is going to walk away voluntarily has no reason to wipe his prints off his own vehicle. That simply makes no sense.
It also struck me as odd that he felt the need to "bug" his office phone line. I get that he felt his credibility was being called into question, but that just struck me as extreme. I had to wonder if maybe he was bugging his office line because he was afraid of some threat that he hadn't shared with anyone else. It also occured to me that maybe he had concerns of a collegue being involved in misconduct and bugged his office line in an effort to substantiate his suspicions. To be honest, I suspect we'll never know the truth behind the Dillards/CDI dispute.
Ultimately, I can't shake the feeling that the Dillards/CDI dispute had very little to do with Mr. Glasgow's disappearance. I've always believed that he went up to the mountain to "decompress" so to speak and met with a tragic accident. If only I could get past that fingerprint issue...
My thoughts and prayers are with Mr. Glasgow's loved ones. Every time I see something like this, I give my mom and dad a hug and thank the good lord that they are both still with me. I'm a very lucky person indeed.

SuperKyle
07-21-2011, 09:04 AM
John's website can no longer be accessed.

http://www.findjohnglasgow.com/

Interesting to see it taken down. Though pronounced dead, I would be figuring to keep a lookout.

J. J. in Phila
07-22-2011, 02:17 AM
John's website can no longer be accessed.

http://www.findjohnglasgow.com/

Interesting to see it taken down. Though pronounced dead, I would be figuring to keep a lookout.

As you know, I follow the Gricar case. In that one, the family website went down for about 8 months and was eventually replaced by a (now extremely dated) copy of the Wikipedia page on Mr. Gricar, without any contact information, even for law enforcement.

I don't think it is too strange for the Glasgow family, who has felt Mr. Glasgow is dead, to pull the site.

J. J. in Phila
07-22-2011, 02:45 AM
I didn't see it posted, but here is the article on Mr. Glasgow being declared dead. http://news.yottos.com/ShowNews/Missing_CDI_Executive_John_Glasgow_Declared_Dead_1 5-04-2011

Pipe-Light
11-15-2011, 09:59 AM
I am absolutely positive that this man did not just decide to walk away from his life. I have nothing to base that on but my gut feeling, but I just can't bring myself to believe this was a "walk away".
Just a couple things that struck me as pecular. The only reason I can think of for a person to wipe away fingerprints is that of avoiding detection. A man who is going to walk away voluntarily has no reason to wipe his prints off his own vehicle. That simply makes no sense.
It also struck me as odd that he felt the need to "bug" his office phone line. I get that he felt his credibility was being called into question, but that just struck me as extreme. I had to wonder if maybe he was bugging his office line because he was afraid of some threat that he hadn't shared with anyone else. It also occured to me that maybe he had concerns of a collegue being involved in misconduct and bugged his office line in an effort to substantiate his suspicions. To be honest, I suspect we'll never know the truth behind the Dillards/CDI dispute.
Ultimately, I can't shake the feeling that the Dillards/CDI dispute had very little to do with Mr. Glasgow's disappearance. I've always believed that he went up to the mountain to "decompress" so to speak and met with a tragic accident. If only I could get past that fingerprint issue...
My thoughts and prayers are with Mr. Glasgow's loved ones. Every time I see something like this, I give my mom and dad a hug and thank the good lord that they are both still with me. I'm a very lucky person indeed.

Took a while to get on here... Great site. Forums are just the best thing..
I have watched this show on ID about 3 times. Considering I am from the "STREET" I can put myself in the minds of the people involved. Not a big deal, but I solved my RX-7 being stolen 15 years ago. It did not take long for me to put together, how, where, who maybe, etc stole it. Not a friend, but considering the time of night, the apparent car the found with my vin plate, no motor, and only 4 hours later I knew they had to tow the "fake car to the place it was found, and they did it at night, so they had to be close. Anyway, when I called the detective they were amazed I had put it all together.

Just like this case, things fall right into place. How is it that all of a sudden 7.1 million dollars disapeared ? Because it did, and this poor guy was going to take the hit on it. But he did not take it, you can tell, he is a great guy, the kind of person I wish I had been raised to be. But I grew up rough, got it together now. Anyway, were was I !

To me, once he was accused of stealing the money he was going to find the problem. Once he finally figured out who was stealing it, he met with them at the hotel along side the waffle house at which point he was taken care of...
I believe it was someone that worked for Dillards, actually has to be the person that fed him the numbers. John would not have registered at the hotel of course, but the guy, or his hit man would have, or could have had someone else do it. I would have to guess after watching all these show that bad people from the street are smart too and know what and where the cops will look at and for.... So john met the guy and then disapear, they took his car to the mountains to make it look like he did himself. Theywipe all "their" print off. He was then taken away from the area and killed.

I would check all the people registered for up to a week before the disapearance at the hotel. Airline records coming into the area of people that may be connected to the area where the dillards home office is or the acct. that gave John the numbers. That guys phone records, his wifes cell phone , bank record, and anyone close to him, etc. This guy was also able to finally get Dillard to do a reinstatement, dah, he had to for closure and to get the eye off of him...

I guess once in a while the perfect crime is pulled off. 7.1 million and knocking off the guy who was going to turn you in is a perfect crime if you can get away with it.

I am truely sorry about your brother. Hopefully the Police will figure it out. But looking in your area, thinking it was a suicide, or he left the area are just plain mistakes. Follow the money and you will find the killer. If nothing else, an independent audit of the statements, and all acct. should be done by the FBI.

Sorry again, and for mistyping, or spelling,...

Barry Colbert

summer_breeze
01-12-2012, 07:47 AM
http://arkansasmatters.com/fulltext?nxd_id=498362

By: Lauren Trager, KARK 4 News
Updated: January 12, 2012

<snipped>

Inside the jail, Brawner told us what he's allegedly told his attorney and law enforcement: that around 11 o'clock, on the night Glasgow disappeared, he was contacted to come help bury Glasgow's body.

SuperKyle
01-12-2012, 03:00 PM
http://arkansasmatters.com/fulltext?nxd_id=498362

By: Lauren Trager, KARK 4 News
Updated: January 12, 2012

<snipped>


After the Rachel Cooke fiasco, I make it a point to disbelieve these kinds of things. Why would this guy be "contacted" to get rid of the body?
I do hope though that until LE gets around to checking that place again that they are keeping an eye on it.

IF (HUGE WORD) this guy is telling the truth, the people who put Mr. Glasgow feet under will have a chance to move him.

SuperKyle
01-12-2012, 03:07 PM
http://arkansasmatters.com/fulltext?nxd_id=498362

By: Lauren Trager, KARK 4 News
Updated: January 12, 2012

<snipped>

Actually, just found this. Looks like LE has been to the site and has found nothing. John's brother doesn't believe this guy's story either.
Unbelievable. This kind of thing should be a crime in its own right.

http://www.arkansasbusiness.com/article.aspx?aID=129796.54928.141938

Mark 501
01-15-2012, 03:56 PM
Current news with regard to John Glasgow's disappearance.

http://www.fox16.com/news/local/story/AR-National-Guard-searches-field-after-Glasgow-tip/rnmTJ_8fBE6uQlFrZzOTBQ.cspx?rss=315

summer_breeze
01-16-2012, 10:10 AM
Thank you Mark 501 and Welcome to Websleuths!

summer_breeze
01-26-2012, 08:06 PM
http://www.todaysthv.com/news/article/192605/2/At-Noon-LR-police-search-field-for-missing-businessman

1:31 PM, Jan 26, 2012


ENGLAND, Ark. (KTHV) - Little Rock police are using radar equipment to search a field in rural Lonoke County for a missing man.

Penny_Lane
01-27-2012, 10:34 AM
http://www.todaysthv.com/news/article/192607/2/Jon-Brawner-the-man-claiming-to-have-helped-bury-John-Glasgow-failed-to-abduct-Jim-Daven-in-2009

snipped from todaysthv

summer_breeze
01-30-2012, 02:10 PM
http://www.todaysthv.com/news/article/193216/2/Police-return-to-field-in-Glasgow-case-

11:49 AM, Jan 30, 2012


ENGLAND, Ark. (KTHV) - Police are back out at a field in England, Ark. searching areas of interest in the case of a missing businessman.

Mark 501
01-30-2012, 10:13 PM
This I saw today...

http://www.fox16.com/news/local/story/Prosecutor-calls-Glasgow-search-info-misleading/AGvViynO50eXg90cnVgT7w.cspx

summer_breeze
02-01-2012, 06:05 PM
http://thecabin.net/news/local/2012-01-31/missing-body-not-found-after-prisoner-tip#.Tym2g8US2Ag

Posted: January 31, 2012 - 11:15pm
By Candie Beck

<snipped>

After searching an area in Lonoke County with advanced sonar equipment based on a tip from Brawner and not finding Glasgow’s remains, Roger says that he hopes Brawner receives a hefty prison sentence for his most recent conviction.

summer_breeze
01-28-2013, 11:30 AM
http://arkansasmatters.com/fulltext?nxd_id=632332

By: KARK 4 News
Updated: January 28, 2013

Short article at link

OkGrace
04-10-2013, 12:14 AM
For whatever reason I cannot copy & paste. THV 11 is reporting a body found on pinnacle mountain the area where Mr Glasgows car was found . Doubt it is him body vs , no other info released.

EdinburghLass
04-10-2013, 06:27 AM
Arkansas State Police and Arkansas State Park Police are working together on an investigation at Pinnacle Mountain State Park.

Arkansas State Police public information officer Bill Sadler confirmed that a body was found on one of the trails at the park earlier Tuesday evening and said an investigation has been launched into the person's death.

Sadler would not comment further the finding, and the park is closed for the time being.

http://www.thv11.com/news/article/259247/2/Body-found-at-Pinnacle-Mountain-State-Park

OkGrace
04-10-2013, 12:23 PM
I had the wrong mountain...sorry! I get mixed up with Petiit Jean and Pinnacle! Sorry!

CircuitGuy
05-02-2013, 12:55 AM
To me, once he was accused of stealing the money he was going to find the problem. Once he finally figured out who was stealing it, he met with them at the hotel along side the waffle house at which point he was taken care of...
This is something the ID show failed to go into. They said that an independent forensic review showed the books were in order. If so, then what the nature of Dillards' CFO's complaint? Was he just out-and-out wrong? How did they get away with restating earnings and then blaming it on the contracting company? Their complaint was over-billing. Did overbilling on construction cause them to restate earnings?

I think you're onto a good point that maybe some accounting irregularities occurred at Dillards or the contractor and someone wanted to blame it on John. First they tried to tarnish his reputation; he considered leaving town. When that didn't work, they murdered him. That's possible.

But I do not believe the dogs were on a trail. I suspect the dog handler knew of the reports that he had been seen at that hotel and Waffle House, and she subconsciously guided the dog there. The dog wanted to please its master, and its master strongly wanted to confirm the sighting reports. His brother said he thought the dog handler's heart was in the right place, but he did not accept the results as valid.

This doesn't invalidate your point though. It took over two hours for the phone to reach the mountain. He could have had the meeting with the murderer anywhere in the area. The murderer could have asked him to meet secretly early in the morning to settle it once and for all. That would explain why he didn't sleep that night.

I hope police have looked into the accounting further than the ID show did. They must have interviewed the people who criticized John's integrity and may have threatened him. If the forensic audit was right and the books were pristine, what was up with the harsh attacks from Dillards?

T9D
07-18-2013, 03:51 AM
I guess I see it a different way.

John was stressed from day one. From day one he obviously had something to worry about. Most likely it would have taken time to find something if it was wrong. But right off the bat he was worried. Because he knew something was never right. If he found that someone else was stealing he would have told someone. And it seems he was stressed but not talking to his friends and family about any real details of it.

And then he leaves at 5:15 in the morning. Doesn't tell anyone where he's going.

He was going to meet someone else involved in it. You don't leave at an hour like that, without telling anyone where you're going and why for no reason. You do that to not be seen and so nobody knows what is going on. And if it's someone you suspect is stealing you would meet in public or have already told others. No way you'd agree to meet them at some random location at some really odd time.

As far as the books looking clean in a police audit, sure. They look clean by the numbers, but only someone in the company might know that the 3rd bathroom never existed, or the 5th register never arrived etc. And only John knows every detail of everything.

Anyway he showed up and they abducted and later killed him. Nobody is left now that truly knew every transaction and all the books like John. Nobody who can talk or make a deal with police or turn you in. If you're going to overcharge and steal money you need the CFO in on it to cook the books.

If he was innocent and found something he would have been telling people. And he wouldn't be going out on secret trips at 5:15 in the morning, or super stressed the second the audit starts.

Somebody grabbed him at the meeting they arranged together. Drove his car away from the scene, left it at the park, and wiped it down. No way John would leave it unlocked with his stuff in there if he's going for a walk.

J. J. in Phila
07-19-2013, 01:26 AM
Respectfully snipped.




Somebody grabbed him at the meeting they arranged together. Drove his car away from the scene, left it at the park, and wiped it down. No way John would leave it unlocked with his stuff in there if he's going for a walk.

Was the car wiped down? Were they able to get his prints from the interior.

T9D
07-22-2013, 08:38 PM
Respectfully snipped.



Was the car wiped down? Were they able to get his prints from the interior.

They couldn't get any prints from anyone. Not even him. So it appears that most likely it must have been wiped down.

J. J. in Phila
07-23-2013, 01:16 AM
They couldn't get any prints from anyone. Not even him. So it appears that most likely it must have been wiped down.

That would not necessarily indicate a wipe down. The prints could be partials and/or smeared.

margarita25
08-25-2013, 03:35 AM
I just saw this case last night on ID's "Disappeared" (Season 2 / "Unfinished Business").

I have some thoughts on the case based on what was presented on the show, but would like to read through the thread first.

margarita25
08-25-2013, 03:40 AM
They couldn't get any prints from anyone. Not even him. So it appears that most likely it must have been wiped down.


According to the show IIRC, the police officer attributed the inability to get prints possibly due to the textured surface of the car's interior?

margarita25
08-25-2013, 03:44 AM
Wow, 22 Guests here this late at night! That's unusual. The show on ID has obviously brought some publicity to John's case.

Hoping John's family gets some answers.

walkingdeadgirl
03-05-2014, 02:39 PM
Took a while to get on here... Great site. Forums are just the best thing..
I have watched this show on ID about 3 times. Considering I am from the "STREET" I can put myself in the minds of the people involved. Not a big deal, but I solved my RX-7 being stolen 15 years ago. It did not take long for me to put together, how, where, who maybe, etc stole it. Not a friend, but considering the time of night, the apparent car the found with my vin plate, no motor, and only 4 hours later I knew they had to tow the "fake car to the place it was found, and they did it at night, so they had to be close. Anyway, when I called the detective they were amazed I had put it all together.

Just like this case, things fall right into place. How is it that all of a sudden 7.1 million dollars disapeared ? Because it did, and this poor guy was going to take the hit on it. But he did not take it, you can tell, he is a great guy, the kind of person I wish I had been raised to be. But I grew up rough, got it together now. Anyway, were was I !

To me, once he was accused of stealing the money he was going to find the problem. Once he finally figured out who was stealing it, he met with them at the hotel along side the waffle house at which point he was taken care of...
I believe it was someone that worked for Dillards, actually has to be the person that fed him the numbers. John would not have registered at the hotel of course, but the guy, or his hit man would have, or could have had someone else do it. I would have to guess after watching all these show that bad people from the street are smart too and know what and where the cops will look at and for.... So john met the guy and then disapear, they took his car to the mountains to make it look like he did himself. Theywipe all "their" print off. He was then taken away from the area and killed.

I would check all the people registered for up to a week before the disapearance at the hotel. Airline records coming into the area of people that may be connected to the area where the dillards home office is or the acct. that gave John the numbers. That guys phone records, his wifes cell phone , bank record, and anyone close to him, etc. This guy was also able to finally get Dillard to do a reinstatement, dah, he had to for closure and to get the eye off of him...

I guess once in a while the perfect crime is pulled off. 7.1 million and knocking off the guy who was going to turn you in is a perfect crime if you can get away with it.

I am truely sorry about your brother. Hopefully the Police will figure it out. But looking in your area, thinking it was a suicide, or he left the area are just plain mistakes. Follow the money and you will find the killer. If nothing else, an independent audit of the statements, and all acct. should be done by the FBI.

Sorry again, and for mistyping, or spelling,...

Barry Colbert

As chaotic as your mind is, this is what I also think happened, though I think they met at the Awful Waffle first, then went over to the motel. The placement of his car and what was left in it was staging to make people think exactly what some did think...that John went to walk to "clear his mind" and jumped or fell. Red herrings and misdirection all the way, IMHO. He was never up there. Sadly, I think the poor man was murdered by then, and being transported in a different direction while attention was focused there.

shaneirish
04-25-2014, 03:10 PM
If I remember correctly, CCTV footage was examined from the main route from John's house to where his car was discovered and his vehicle definitely didn't use that road - which leads me to wonder if he met someone elsewhere, and met a grizzly end, leaving the perp to drive his car along a quieter route out of the way of CCTV and detection.

It's possible that John never made it to the mountain at all - and that's the scenario I'm more likely to agree with. This would make sense with the dogs not picking up John's scent where his car was.

I wouldn't rule out this being a professional hit - I wouldn't be surprised if John was being closely watched (and he may even have realised this), and someone followed him when he left the house to work.

I think two or more people would have to be involved in this disappearance. Whoever left John's car at the top of the mountain would need a mode of transport after dropping the car off. So it's likely that one person committed the 'act' while the other provided an escape route - this person could be the resident of the motel that dogs tracked. I find it hard to believe that there'd be no CCTV footage of visitors here - surely you'd have to get your keys and sign in via reception? And in this day and age you'd imagine all businesses would have CCTV to cover their backs in case anything untoward happened.

My theory is that because those responsible wanted John's disappearance to look like he just walked off - they'd have wanted to conceal his body somewhere where it's not likely to be found. Are there any unused mineshafts in the area? Were any buildings under construction at the time in the area where a body could have been hidden and buried?

If I also remember correctly John had been threatened by someone at Dillard's over the phone? Perhaps this wasn't an empty threat.

Sadly I don't think John is with us any longer but I also refuse to believe that he just wondered off and had an accident that resulted in his death or committed suicide. John seems like the kind of person who, even if he was suicidal, wouldn't want to put his family through the torture of never knowing what happened to him.

Someone definitely knows what happened to John and if they had a decent bone in their body, they'd start talking so his family and friends can finally learn the answers they deserve.

CircuitGuy
10-02-2014, 07:36 PM
Is the following summary true?

1987 – CDI is founded with the sole purpose of serving one customer (http://www.cdicon.com/about-us)- Dillards.

At some point Dillard’s makes an investment in CDI. They give CDI money to grow their business. In exchange Dillard’s gets 50% ownership. Now Dillard’s, as their half owner and main customer, can call the shots with them, but still have them operate outside their corporate structure.

The officers at this point each own several percent of the business. This share is useless b/c it’s illiquid. No one wants to buys 10% of a small business with one main customer. The use in these small shares is to incentivize the management team to grow the company.

They succeed. They build multiple Dillards and get other customers. They’re very profitable. They value on paper grows.

2007 – William Clark dies. His family inherits his shares.

Later 2007 – Dillards goes to acquire the rest of the shares. The executive team’s illiquid shares are about to become with worth up to a few million dollars. The executive team is about to get a windfall.

In doing its due diligence, Dillard’s accounting realizes CDI accounting has been aggressive. The ID show seems to suggest it’s debatable among accounting experts whether CDI was doing Enron-like tricks to make their numbers look good or whether Dillard’s was overly-conservative. This is understandable b/c Dillard’s probably invested in CDI in the beginning b/c it was more nimble and less stodgy and conservative. But it really comes to a head with Dillard’s accounting calling Mr. Glasgow an out-and-out thief. Dillard’s accounting tells him you’re basically and employee of Dillard’s who’s been stealing from your boss. Mr. Glasgow says you’re not our boss; you’re a stodgy company contracting with an aggressive small company you happen to own. It gets nastier from there.

Jan 28, 2008 – Mr. Glasgow mysteriously goes missing.

Early 2008 – With Glasgow gone, somehow Dillard’s gets over its problems. Maybe it was one bad apple who’s not with us anymore.

Aug 2008 (7 mo later) – The acquisition goes through (http://www.fashionnewspaper.com/articles/612/1/Dillard039s-Inc-Announces-Completion-of-Acquisition-of-CDI-Contractors-LLC/Page1.html). The management team all gets their money. Glasgow’s wife probably inherited his shares and received money.

John Glasgow’s death helped solve everyone’s problems. He was at the center of accusations that he was aggressively refuting. When he disappeared and couldn’t carry on refuting them, the acquisition went through. All his executive colleagues and his wife all benefit.

This does not say who did it. One or more the people standing to gain may have done it. He may have felt horrible guilt. He may have said he was living to build this thing that would provide for his family and help employees, vendors, and customers, and how he messed it up and was wroth more to everyone dead than alive. He could have gone into hiding, but I would expect him to resurface once the acquisition went through.

My guess is one of the shareholders got angry with him. He thought, you’re a thief and deserve to die. And unlike other crimes, your dying actually undoes the damage. This shareholder threatened him and arranged a meeting. Glasgow knew the guy might get violent, might publically condemn him, sue him, make a complaint against his CPA license, and turn him in to law enforcement. John probably didn’t think he would go so far as to commit premeditated murder.

This is just a wild guess. The same factors could have led to suicide. Also, I’m not sure his death is what made the acquisition go through. It’s odd, though, that it was in peril while was alight working his tail off to see it through, and then it went through months after he died.

OkGrace
10-02-2014, 07:49 PM
Excellent post.

snowleopard
10-14-2014, 01:22 AM
Is the following summary true?

1987 – CDI is founded with the sole purpose of serving one customer (http://www.cdicon.com/about-us)- Dillards.

At some point Dillard’s makes an investment in CDI. They give CDI money to grow their business. In exchange Dillard’s gets 50% ownership. Now Dillard’s, as their half owner and main customer, can call the shots with them, but still have them operate outside their corporate structure.

The officers at this point each own several percent of the business. This share is useless b/c it’s illiquid. No one wants to buys 10% of a small business with one main customer. The use in these small shares is to incentivize the management team to grow the company.

They succeed. They build multiple Dillards and get other customers. They’re very profitable. They value on paper grows.

2007 – William Clark dies. His family inherits his shares.

Later 2007 – Dillards goes to acquire the rest of the shares. The executive team’s illiquid shares are about to become with worth up to a few million dollars. The executive team is about to get a windfall.

In doing its due diligence, Dillard’s accounting realizes CDI accounting has been aggressive. The ID show seems to suggest it’s debatable among accounting experts whether CDI was doing Enron-like tricks to make their numbers look good or whether Dillard’s was overly-conservative. This is understandable b/c Dillard’s probably invested in CDI in the beginning b/c it was more nimble and less stodgy and conservative. But it really comes to a head with Dillard’s accounting calling Mr. Glasgow an out-and-out thief. Dillard’s accounting tells him you’re basically and employee of Dillard’s who’s been stealing from your boss. Mr. Glasgow says you’re not our boss; you’re a stodgy company contracting with an aggressive small company you happen to own. It gets nastier from there.

Jan 28, 2008 – Mr. Glasgow mysteriously goes missing.

Early 2008 – With Glasgow gone, somehow Dillard’s gets over its problems. Maybe it was one bad apple who’s not with us anymore.

Aug 2008 (7 mo later) – The acquisition goes through (http://www.fashionnewspaper.com/articles/612/1/Dillard039s-Inc-Announces-Completion-of-Acquisition-of-CDI-Contractors-LLC/Page1.html). The management team all gets their money. Glasgow’s wife probably inherited his shares and received money.

John Glasgow’s death helped solve everyone’s problems. He was at the center of accusations that he was aggressively refuting. When he disappeared and couldn’t carry on refuting them, the acquisition went through. All his executive colleagues and his wife all benefit.

This does not say who did it. One or more the people standing to gain may have done it. He may have felt horrible guilt. He may have said he was living to build this thing that would provide for his family and help employees, vendors, and customers, and how he messed it up and was wroth more to everyone dead than alive. He could have gone into hiding, but I would expect him to resurface once the acquisition went through.

My guess is one of the shareholders got angry with him. He thought, you’re a thief and deserve to die. And unlike other crimes, your dying actually undoes the damage. This shareholder threatened him and arranged a meeting. Glasgow knew the guy might get violent, might publically condemn him, sue him, make a complaint against his CPA license, and turn him in to law enforcement. John probably didn’t think he would go so far as to commit premeditated murder.

This is just a wild guess. The same factors could have led to suicide. Also, I’m not sure his death is what made the acquisition go through. It’s odd, though, that it was in peril while was alight working his tail off to see it through, and then it went through months after he died.

I'm not sure exactly what happened to JG, but I don't think he was doing anything crooked. Accounting for a construction business is fairly straight forward and Dillards was auditing CDI, and ultimately found nothing to blame on Glasgow. They announced a shortfall in earnings around the time of his disappearance, claiming CDI had overcharged Dillards. Ultimately Dillards had to admit they had under-recorded the amount they were paying to CDI to build stores and thus, over reported their own earnings. http://upstart.bizjournals.com/executives/features/2009/02/11/Arkansas-Executive-Goes-Missing.html?page=all Virtually everyone vouches for Glasgows honesty, except Dillards Freeman. He even bugged his own phone because of threat, a crazy thing to do if you're guilty and receiving accusatory phone calls. To me it seems Dillards wanted to blame CDI for its own mismanagement. Dillards is a public company, and, I believe, CDI is (was) not. So they probably thought they could intimidate JG into taking the heat, saving the stock price of the public Dillards and shifting the burden to CDI, which loses no public value in doing so. Dillards sending out a hit man to silence JG seems a bit Hollywood, but stranger things have happened.

Skigirl
10-14-2014, 04:20 PM
I'm not sure exactly what happened to JG, but I don't think he was doing anything crooked. Accounting for a construction business is fairly straight forward and Dillards was auditing CDI, and ultimately found nothing to blame on Glasgow. They announced a shortfall in earnings around the time of his disappearance, claiming CDI had overcharged Dillards. Ultimately Dillards had to admit they had under-recorded the amount they were paying to CDI to build stores and thus, over reported their own earnings. http://upstart.bizjournals.com/executives/features/2009/02/11/Arkansas-Executive-Goes-Missing.html?page=all Virtually everyone vouches for Glasgows honesty, except Dillards Freeman. He even bugged his own phone because of threat, a crazy thing to do if you're guilty and receiving accusatory phone calls. To me it seems Dillards wanted to blame CDI for its own mismanagement. Dillards is a public company, and, I believe, CDI is (was) not. So they probably thought they could intimidate JG into taking the heat, saving the stock price of the public Dillards and shifting the burden to CDI, which loses no public value in doing so. Dillards sending out a hit man to silence JG seems a bit Hollywood, but stranger things have happened.

Thank you - this sums up the situation as I understand it.

Dillard's was trying to pressure CDI into saying that they had made an accounting error because Dillard's was going to have to restate their earnings (very bad), which was going to weaken their stock price and potentially allow investors a big enough stake in the company to take control of it and rid the board and executive team of Dillard family members. Investors at that time were very vocal about their perception that Dillard's was poorly managed and that corporate governance was weak.

The best way to avoid being acquired is to have a strong stock price.

Here are some links:

http://online.wsj.com/articles/SB122878841695490419
http://www.arkansasbusiness.com/article/44773/updated-investor-group-questions-dillards-commitment-to-shareholders?page=all
http://www.prnewswire.com/news-releases/barington-capital-group-questions-the-commitment-of-dillards-to-the-companys-public-stockholders-58629562.html
http://www3.gmiratings.com/home/2013/01/its-nice-to-be-a-dillard-at-dillards/
http://upstart.bizjournals.com/executives/features/2009/02/11/Arkansas-Executive-Goes-Missing.html?page=all
http://nypost.com/2008/12/09/dillards-row-worsens/

CircuitGuy
10-17-2014, 07:53 AM
Virtually everyone vouches for Glasgows honesty, except Dillards Freeman. He even bugged his own phone because of threat, a crazy thing to do if you're guilty and receiving accusatory phone calls. To me it seems Dillards wanted to blame CDI for its own mismanagement. Dillards is a public company, and, I believe, CDI is (was) not. So they probably thought they could intimidate JG into taking the heat, saving the stock price of the public Dillards and shifting the burden to CDI, which loses no public value in doing so. Dillards sending out a hit man to silence JG seems a bit Hollywood, but stranger things have happened.
I wonder how JG being out of the way helped them blame CDI. They still acquired CDI. I wonder if they got a better price b/c CDI's CFO was gone, and everyone was shocked. Or was it an agreement between someone at Dillards and someone at CDI that if JG died, they'd both blame him to save face with Dillards shareholders and then acquire CDI under the terms they would have agreed to anyone?

It sure looks like someone at Dillards (I doubt all of Dillards senior management conspired) may have murdered him. But it seems extreme and likely to backfire. In this scenario, the person at Dillards did some crooked accounting. He/she accuses JG of crooked accounting to cover it up. That makes sense so far. Then JG defends his accounting. Killing him seems to put the corrupt Dillards manager into more a law enforcement spotlight than he was before.

Maybe JG had proof positive that the Dillards manager/accountant had done some highly illegal accounting, maybe embezzlement that could carry a prison sentence. The crook agreed to meet JG in private to discuss it, maybe offering to capitulate and help JG and CDI by resigning but without going to jail. Instead the crook murdered JG at the meeting. Maybe JG told him at the meeting after all the criticism they'd subjected JG to, he wasn't going to do a backroom deal to sweep the crimes under the rug. The reason this scheme worked (in this guess) is JG was the only one with the proof of crooked accounting and the motive to bring it to LE. Most other people involved either didn't have proof of crooked Dillards accounting or didn't care b/c they were getting good money as Dillards managers or as owners of CDI about to be acquired. Kill JG, and the problem goes away.

Skigirl
10-17-2014, 03:27 PM
I wonder how JG being out of the way helped them blame CDI. They still acquired CDI. I wonder if they got a better price b/c CDI's CFO was gone, and everyone was shocked. Or was it an agreement between someone at Dillards and someone at CDI that if JG died, they'd both blame him to save face with Dillards shareholders and then acquire CDI under the terms they would have agreed to anyone?

It sure looks like someone at Dillards (I doubt all of Dillards senior management conspired) may have murdered him. But it seems extreme and likely to backfire. In this scenario, the person at Dillards did some crooked accounting. He/she accuses JG of crooked accounting to cover it up. That makes sense so far. Then JG defends his accounting. Killing him seems to put the corrupt Dillards manager into more a law enforcement spotlight than he was before.

Maybe JG had proof positive that the Dillards manager/accountant had done some highly illegal accounting, maybe embezzlement that could carry a prison sentence. The crook agreed to meet JG in private to discuss it, maybe offering to capitulate and help JG and CDI by resigning but without going to jail. Instead the crook murdered JG at the meeting. Maybe JG told him at the meeting after all the criticism they'd subjected JG to, he wasn't going to do a backroom deal to sweep the crimes under the rug. The reason this scheme worked (in this guess) is JG was the only one with the proof of crooked accounting and the motive to bring it to LE. Most other people involved either didn't have proof of crooked Dillards accounting or didn't care b/c they were getting good money as Dillards managers or as owners of CDI about to be acquired. Kill JG, and the problem goes away.

This article from 2011 is very interesting: http://www.arkansasbusiness.com/article/33351/dillards-fires-pwc-after-accounting-dispute-hires-kpmg-as-auditor

"Dillard's Inc. of Little Rock has fired its auditor, PricewaterhouseCoopers LLP, over a dispute involving the retailer's plan to move its real estate into a subsidiary....Dillard's told the Securities & Exchange Commission last week that the two companies couldn't agree on when the tax benefit related to its new real estate investment trust should be recognized. The Internal Revenue Service agreed with Dillard's, which has since hired KPMG LLP....Dillard's had originally hired PWC in May 2009 after using Deloitte & Touche LLP for more than 20 years..."


I used to work for a Fortune 500 company and our executive team was not happy with our accounting firm because they wouldn't allow some of the same practices our competitor was using that were accepted by the same accounting firm, but a different city's office. There was talk of firing the firm, but people were too worried that it might be taken the wrong way. Dillard's has been through THREE of the four major accounting firms now. First, they fired Deloitte in 2009 (presumably after having to restate their earnings), then they fired PWC in 2011, and now they are with KPMG. I've never heard of any public company running through so many auditors in such a short period of time.