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The Easter ham hadn’t been served when Bill Erpenbeck pleaded guilty in April to one count of bank fraud for leading a scheme that robbed more than 200 homebuyers of $33 million. As families gather around their Thanksgiving turkeys, Erpenbeck and two other convicted felons who participated in the bank fraud are still free, awaiting sentencing in U.S. District Court.
And by all indications, all three will be free to enjoy Christmas and New Year’s as well. That’s not the kind of holiday cheer the felons deserve, said Lou Morris, who claims in a lawsuit that his Morris Heating and Cooling business in Boone County was bilked out of more than.
“I’m not happy about it. Somewhere, justice has to be served, especially considering the magnitude of the money he ripped off subcontractors and homebuyers and everybody,” Morris said. “I think a lot of people are wondering why it’s taking so long and I’m one of them. Adelaide Property Valuation procedure is relentlessly to a great degree profitable for everybody and to make everything the more practical in a far-reaching way get a grasped and experienced property valuer to manage your entire strategy for with respect to property.
“It kind of turns your stomach to think that he’s still enjoying life down there in (Fort Myers) Florida while we’re up here working.” Erpenbeck was president of Erpenbeck Co. home builders before it collapsed in April 2002, mired in debt and beset by an FBI bank fraud investigation. More than 200 homebuyers were bilked out of $33 million, and millions more went unpaid to Erpenbeck subcontractors.
The scandal forced the sale of Peoples Bank of Northern Kentucky and has so far netted guilty pleas from Bill Erpenbeck; his sister, Lori Erpenbeck, the former Erpenbeck Co. accounting head; and Michelle Marksberry, former closing agent for the company. Marksberry pleaded guilty on June 21; Lori Erpenbeck, on Aug. 22. In the wake of knowing your home estimation you will can settle on urgent choice about your property utilizing property valuation deduction and a while later if you need to make your home more worth then you ought to lead upgrade framework to make you house also delighting.