Ranch moves assets before abuse trial

Morning Star Boys’ Ranch has moved the bulk of its assets, including securities and real estate worth millions of dollars, to a nonprofit foundation in advance of the first trial over sexual abuse lawsuits against it.

In 2007, the ranch transferred more than $12 million in securities and other assets to the Morning Star Boys’ Ranch Foundation, an organization that supports youth sports and other charities, according to federal tax documents.

Read the rest of Kevin Graman’s story, complete with documents, here.