Man Posing As An OBN Agent Allegedly Extorts Cash From Authorized Develop Enterprise In Stephens County

A man posing as a state narcotics agent is now behind bars.

With intimidation, investigators said Matthew Brumley cheated on one pregnant foreigner among thousands at a legal grower in Stephens County.

The electricity company that Brumley was an apprentice to was hired to do some work on the farm.

Unbeknownst to his employer, investigators said Brumley threatened to shut it down.

Days later, according to investigators, Brumley doubled up again after reviewing the required electrical work at this newly established cultivation site and confronted the only English-speaking employee.

“He tells them he was the one who came out today, earlier today, and that he was an apprentice lineman and part-time OBN agent,” said Stephens County Sheriff Wayne McKinney.

The former oil man, self-proclaimed cowboy, and aspiring electrician claimed to be an agent at OBN and flashed up, according to the report.

“He supposedly carried a gun, a gun and looked like an OBN agent. He had a couple of business cards, ”McKinney said.

Records show Brumley told the woman “she was illegal in the state of Oklahoma.” He told the victim that if she paid him $ 4,500 he could “make the operation legal and keep the state off the property.”

“The victim told him I don’t have $ 4,500, I have $ 2,500 if that works. He said I can do it and I’ll take the money, ”McKinney said.

When the victim returned, she found Brumley with two other men waiting and “afraid for their lives”.

He has now been arrested.

“It’s in her front yard, she’s pregnant, he’s armed with a gun and says he can get her to comply so she can make a living,” McKinney said.

The victim did not want to speak on camera but said on News 9 Brumley pretended he had done this before.

According to the sheriff, Brumley is under investigation for posing as an OBN agent after being confronted by a corporate official in another district.

The place Buyers Are Placing Their Cash as Inflation Issues Develop

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Funds that invest in financial stocks have attracted cash.

Photo by Amy Shamblen

Rising inflation expectations have sent remarkable flows of money into assets that could benefit from it. Some attract more money than others.

Funds invested in inflation-linked bonds whose face value increases in line with the consumer price index, have seen strong inflows since last May to a

Deutsche Bank

Report released on Friday. The amount of money poured into these funds last year was the highest since 2010.

Investors have shown a much greater interest in inflation-linked pension funds than they have in bonds in general. Not surprisingly, for most of the two decades or so since 1998, stocks and bond yields have shown a positive correlation. That is, when stock prices came under pressure, bond yields fell and prices rose. Allocating some of their assets to bonds gave investors a cushion as stock prices fell.

Recently, however, the pattern has not held up. The degree of correlation between bond yields and stocks has decreased since last August and has been negative since February. With stocks sold, bond prices have come under pressure as their yields have risen. This means that bonds may no longer be a good diversifier for portfolios, making them less attractive to many investors.

Historically, this flipped relationship was more likely to occur when inflation risks were paramount, as was the case in the three decades from the mid-1960s to the late 1990s, wrote Deutsche Bank strategist Parag Thatte. This is because inflation increases the possibility of monetary policy tightening, which is a risk for both stocks and bonds.

Funds that invest in energy and materials stocks that In an inflationary environment, performance is usually better and have suffered outflows in recent years, also seen strong inflows last year, especially since November. Financial equity funds, which typically benefit from rising interest rates with inflation, have also raised large sums of money.

Commodities are often viewed as a hedge against inflation, but investor confidence in the asset class seems to be weaker this time. Funds backed by physical commodities have mainly seen net outflows in the past few months, including oil-focused funds, gold funds and silver funds, according to the report. Industrial metals funds have bucked the trend recently and have seen some inflows this year, but investor interest is still quite modest.

Futures traders are not particularly bullish on commodities either, as their long positions, which benefit when prices rise, are within historical ranges. “While the price momentum is very positive, the volatility of the commodities is also very high, which has limited the exposure,” wrote Thatte in the Friday report.

Write to editors@barrons.com

Carrie Underwood felt ‘fortunate’ to develop up round 90s grunge | Leisure

Carrie Underwood felt “lucky” growing up in ’90s grunge.

Hitmaker “Before He Cheats” admits that she “always loved” country music – which she calls her “home” – but says Nirvana and Soundgarden were her favorites growing up.

Commenting on her musical tastes, she shared, “I was lucky enough to grow up with 90s grunge. As a teenager, I liked Nirvana and Chris Cornell from Soundgarden. I loved everything he did. But I’ve always loved country music, that is my home and my heart. “

Carrie is releasing a new album, ‘My Savior’, which she described as a collection of gospel anthems, and looks forward to performing them on Easter Sunday (04/04/21) for a special live stream from the Ryman Auditorium.

She said, “I had such an amazing, inspired time giving my gift, I wanted to stay in that mindset. With my Savior, I wanted it to feel like I was in the church that I grew up in freshen up the hymns but keep the traditional feel and heart … it was about bringing those songs back to life and of course I wanted to do something on stage now, the ryman is so inspiring it feels like one Church. “

And the 38-year-old singer admits that she “always” wanted to make an album like this, believing that hymns have “shaped” her as an artist over the years.

Speaking to the Sunday Express, she said, “It’s the album I’ve always wanted to make. Hymns and gospel music have shaped me as an artist. They were the first things I sang. I’ve sung them all my life.” . “

McNeese to play third scrimmage, need to develop bodily type | Sports activities

The game book is expected to be slightly open today as McNeese State plays at Cowboy Stadium for the third time in the spring preseason.

First year head coach Frank Wilson and his staff aim to build on last week when the offensive scored a goal in big games but struggled with third losses during a controlled, situational battle.

“We’ve had our share of big runs and passes. We also need to be able to service the drives,” said Wilson. “I think we have the potential to be a dynamic offense.”

Two weeks into the season, McNeese wants to make sure it is ready for the playing conditions. After this week, the cowboys will be working on their first enemy, Tarleton State.

“This is still so much about us,” said Wilson. “We want to keep focusing on ourselves. We’ll turn our attention to Tarleton after Saturday.”

Most importantly, Wilson said he was looking for his team to continue growing as a physical club. He continues to preach that about McNeese. He wants his team to play fast and hard.

“We want to be a lot more aggressive,” said Wilson. “This is great for us because it will be physical. Our DNA is based on tenacity, on competition.”

The late morning scrimmage consists of 15-minute halves and a situational game.

This is a group that is still learning from each other. With the pandemic and two hurricanes, the cowboys and coaches couldn’t get to know each other as well as most teams.

That means these scrimmages are the best way for coaches to learn what their players can and can’t do and teach them their new system, Wilson said.

“You forever learn your team,” said Wilson. “There is a lot of untangling. We find out what players can do against live balls. We keep learning our team and adapting to our staff.”

Wilson also pointed out that the starting positions work themselves out, although unwilling to name a depth map. This will show as groups continue to play together and in certain situations.

“That picture is starting to clear,” Wilson said of the rotation. “These players have to play with each other for chemical reasons. There are fewer moving parts now.”

If there’s one thing the coaching team is looking for, Wilson said, it’s finding depth for the shortened seven-game season. The Cowboys have lost 21 players since Wilson last year, and many of them have entered the world of work.

While the numbers could fall, Wilson said McNeese is getting help from solid transfers and incoming newbies for the fall.

Wilson said he will add a few more pieces to the puzzle on Wednesday, traditional national signing day.

“We weren’t sure how it would play out this year, but we’re excited about our additions,” said Wilson.