January 11, 2004 7:18 AM

Another DUMB@$$ AWARD wiener

Missing boater alive and in jail: Clear Lake man disappeared in August after defaulting on loan

DUMB@$$ AWARD wiener #55: Larry Michael Nixon

I imagine that most of us have, at one time or another, harbored a dream of leaving it all behind. Disappear, move someplace nice, and start over again where no one knows your or your past. Of course, the dream passes and we come back to reality, because, well, we're all responsible human beings, right? Well, the same apparently cannot be said for our latest DUMB@$$ AWARD wiener. A show of hands for Larry Michael Nixon, y'all....

A flamboyant Clear Lake businessman who investigators said faked his death in a Houston Ship Channel boating collision last year was arrested near Forth Worth on Friday and charged with fraud.

Larry Michael Nixon, 54, who was well-known for his love of fast boats and parties, apparently had not shed his taste for the high life. He was arrested while living in the guesthouse on a gated estate of several acres just west of Weatherford in Parker County.

Nixon disappeared after his 40-foot speedboat -- the "Living Extra Fast" -- collided with a barge in the Ship Channel in August. The Coast Guard searched for his body for several days, but later called off the effort.

Investigators said the collision came just after Nixon defaulted on a $4 million loan.

Nixon was arrested on a felony fraud warrant from West Virginia, said Lowell Moss, a spokesman for the Parker County Sheriff's Office.

Details on what prompted the charge were not available. But days after the Aug. 27 boating accident, Minnwest Bank Central of Montevideo, Minn., filed suit against Nixon and his company, Delta Crane. The suit alleges Nixon entered into an agreement with the bank Feb. 25 providing him with a $4 million line of credit.

The bank gave Nixon a notice of default 22 days before the boat collision and demanded payment....

Investigators were suspicious about the boat crash from the start, according to Kemah Police Chief Roy Owen.

Owen said the crash appeared suspicious because the position of the controls and damage to the boat led investigators to believe there was no driver on board when it crashed. It appeared the boat had been abandoned after being set up to continue forward, he said.

If you're going to fake your own death, don't you think that you'd actually want to put some thought into it? And wouldn't moving as far away as possible seem an intelligent thing to do? Right; apparently not for this DUMB@$$.

We should probably hope that Mr. Nixon is an open-minded sort who is amenable to the idea of alternative lifestyles. He's going to need that open-mindedness, because in the Big House where he'll be spending the next few years, he's going to end up being someone's girlfriend.

Remember, Larry, when the time comes for the Final Accounting, people like you always get it in the end....

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This page contains a single entry by Jack Cluth published on January 11, 2004 7:18 AM.

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