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February 6, 2023

Overstock CEO Patrick Byrne Had No Idea That There Was a Gun in His Luggage When He Went to the Salt Lake City Airport

It's been quite a while since we've checked in with Arkham Asylum escapee Patrick Byrne. For better or worse, OSTK has managed to keep their financial reporting relatively respectable and thus his smiling mug has not graced these pages. 

Today we pick up the beat again and it's more or less in line with what you might expect from a man whose behavior has been slightly bizarre over the years: CEO Patrick Michael Byrne, 50, was arrested Wednesday after Transportation Security Administration officers said they discovered a firearm in a bag being taken through a security checkpoint. The bag belonging to Byrne contained a Glock 23 .40-caliber pistol in the front pocket, according to a Salt Lake County Jail report.
"When asked, (Byrne) denied knowing the weapon was present in his luggage," the report states.
According to Overstock President Jonathan Johnson, this is all just one big misunderstanding:
"Patrick was traveling and packed a bag that he hadn't used in quite some time," said Overstock President Jonathan Johnson. "He didn't realize that he had left a gun in the bag." Johnson said Byrne is a concealed weapon permit holder who is trained in firearm safety and would not intentionally put anyone in danger. "It was an innocent mistake," he said. "He was in a hurry to catch a plane and packed a bag he hadn't used before. It hasn't happened before and hopefully won't happen again."

It's worth pointing out that this would not have been a problem if he had been traveling by Segway.

Airport police: Overstock CEO arrested for having gun in luggage [KSL]

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