Chicken-Fried News loves happy endings, but it’s taking so long for Tate Publishing & Enterprises founder Richard Tate and his son, former CEO and Oklahoma Gazette cover model Ryan Tate, to go to trial, the team is starting to not believe in them anymore. But while the preliminary hearing for the Tates on matching sets of four felony embezzlement charges, three felony attempted extortion charges, one felony racketeering charge and a misdemeanor embezzlement charge each will not take place until Aug. 29, a little financial justice is just over the horizon.
According to The Oklahoman, the Tates defaulted on five properties in Canadian County in the wake of the sanctimonious publishing house and den of degradation’s January 2017 shuttering and the Tates’ May 2017 arrest on the aforementioned charges. Now, four of those five properties will be put up for auction 10 a.m. June 11 at the Canadian County Courthouse in El Reno.
Not much is known about the properties themselves other than their total estimated value of $1 million.
Now, just think about how many lavish dinners and casino visits that $1 million could have covered. After all, the Tates could have simply sold all the land instead of bleeding their company dry in the service of their extravagant entertainment bills. Also, maybe they wouldn’t have felt obliged to unjustly fire an entire team of editors and offshore the work to the Philippines if they’d just offloaded the property and spent the proceeds on fois gras and Rodney Carrington shows instead of allegedly siphoning money from clients.
CFN doesn’t have a lot of personal liquidity to wave around at an auction, but rather than build or move into some Canadian County McMansion on cursed property, someone should build a literary incubator to be used by people who were promised great things by Tate Publishing. Give these wronged writers a place to compose and compare work and get accepted by legitimate publishing houses while the father and son face down a possible 35 years of working in the prison library.