Embattled businessman Frank Thomas “Tom” Shumate Jr. — a defendant in a lawsuit alleging business records were burned at a bankrupt San Antonio-area oil field services company he heads — has put two more businesses into bankruptcy. Shumate on Monday signed Chapter 11 petitions for cement plant operators Superior Ready Mix of Texas LLC and WFO LLC, which share the same address at 146 Motte Parkway off Interstate 10 in Marion in Guadalupe County.
Bankrupt San Antonio company’s reps had its books, records burned, trustee alleges in lawsuit The Chapter 7 trustee administering Cinch’s liquidation alleged in an April 8 lawsuit that company insiders carried out a campaign of “burning and hiding records” that would have exposed fraud at the business. Last week, a bankruptcy judge said the evidence strongly suggests Shumate and/or Executive Vice President Timothy Gaines Pollard were “complicit in the burning of those documents.