Sign Up!


Updated 1/10/2013
2011 Form 990

Updated 6/22/2011
3ABN sued
over Tommy!

Added 3/14/2010
Can 3ABN Survive?

Added 11/16/2010
Judge Rejects
Plea Deal

Updated 4/2/2010
Tommy Shelton

Must Read:
Mom in Pain #1

Mene, Mene,
Tekel, Parsin

The Actual Lawsuit
IRS Criminal Investigation

How Much the Horses Were Worth

< Prev.Next >

3ABN president Danny Shelton told his ex-wife Linda that he wanted to get a cash receipt after donating two horses to Stephen Lewis in 2004. At first Danny said the receipts for the two horses were to total $20,000, but less than 14 hours later he said they were going to total $40,000. He said he planned on using his receipt for a tax deduction.

Were the two horses really each worth $10,000 or $20,000, and thus was his claimed tax deduction legitimate? How many horses of that much value did Danny have? Take a look and see by reading Danny's own testimony.

Itemized List of All 15 Horses

The 15 horses itemized below, apparently all that Danny owned in the summer of 2004, weren't quite worth an average of $2,050 apiece, far less than $10,000 or $20,000 apiece.

-------- Original Message --------
From:  Danny Shelton
To:  Linda Shelton
Subject:  Property Division 7-5-04
Date:  Wednesday, July 07, 2004 8:57 AM

Property Division/Settlement


other assets

14 horses guestimated worth $ 28,000


The horses will be divided 50/50 when sold.


See page 3 for list of horses and approx. value.

Pg. 3

Approx. value
Zans Genuine Gold, a 2 yr. old filly by Genuine Doc.    $5,000
A 2004 baby stud colt by Genuin Doc.$5,000
Zans Light Reiner a quarter horse$2,500
Sand Chica Ton, Apha$2,000
Spookes Black Star$1,500
Q Tons black Spook$1,500
Drum N Up Black Stud $2,000
Drum N Up Sand Filly$1,500
Zans Drummer Girl, 3 year old filly$1,200
Paid By Chica Ton 2 yr old by Paid by Chick $3,000
Spookies Black Beauty 2 yr. old Filly$1,500
TR Black Chica Ton yearling stud colt$1,000
Spookies Colormaker yearling filly$1,000
2004 black white baby$1,500
2004 buckskin baby$ 500
$30,700 Total

The Cheap Horse Buyer

The following email depicts a fellow who only wanted to pay $250 to $600 per horse, far less than $10,000 or $20,000 apiece.

-------- Original Message --------
From:  Danny Shelton
To:  Linda Shelton
Date:  Tuesday, September 07, 2004 3:39 PM

The horse buyer laughed his sockes off. He was offering and average of $250.00 per yearling for the two black and white homozygous's. He offered $600 for our big 3 yr old Drum N Up Spots filly. and $500 for a nice two year old black and white Little Spook filly. He offered $350 for our baby paint sort of buckskin colored homo baby.

I sent him home quickly.

I have another horse buyer coming, maybe, this week. He probably won't offer much more.

If you want me to give some of them away for those kind of prices I will, but I thought I would try a couple other options first.

Donating worked out great to SIU but they don't even want any either.


Please pay up on our bet. You know and I know and God knows, I won that bet. You don't spend nearly 5 weeks with a man traveling everywhere together to watch TV. Please keep your promise and pay up. Cash will be fine.

The July 2006 Affidavit

According to the following excerpt from Danny's Financial Affidavit, 10 of his horses had an average value of $1,750 apiece, and two more that were sold had an average value of $2,250. Again, we find these values to be far less than $10,000 or $20,000 apiece.





Marital property Denny received:

Bowflex exercise machine
2 Refrigerators
2 Freezers
Master bedroom set
Downstairs bedroom set
Old outside lawn furniture

10 Horses + 2 horses sold
1 Martin guitar
1 Dog
West Frankfort, IL

< Prev.Next >
Not © 2008