The case file included the following financial statements to showcase Fred Hoppe’s assets. Values are grossly inflated, such as the 50-man bronze sculpture that is housed in the Branson, Mo., Veterans Memorial Museum. The sculpture’s value is listed at approximately $19 million. Three weeks prior to the date of the financial statement, the sculpture was listed in Gary Hendershott’s Catalogs 145, 150 and 152 for $9 million and less. Hendershott is a dealer in military collectibles and antiques.
In addition, Hoppe does not list all the investors he is indebted to on the financial statement. He lists four investors, however, there were actually several more we know of whom he solicited funds from.
Fred Hoppe Citizen Investigation 