Where is bill erpenbeck now

The scheme was featured in a episode of the CNBC series American Greed which described the case as, "The Erpenbeck Company sold hundreds of homes and collected millions of dollars. But unknown to its clients, Bill Erpenbeck was depositing homebuyer checks into the company bank account, checks that were intended to pay off the banks that lent him the money for construction.

Bill Erpenbeck was running a shell game. Other members of the Erpenbeck family and associated businesses were also convicted on charges related to the scheme. A letter from the U. Department of Justice to a local law firm, obtained by The River City News , notes that Erpenbeck has been approved for placement in a community corrections center, or halfway house at Salvation Army in Ft.

Myers, Florida. He is to remain there until the completion of his sentenced in Erpenbeck's testimony against Bill and Tony Erpenbeck led to long prison sentences for the men after the demise of their Northern Kentucky homebuilding company.

Skip to content. Submit photos. Cincinnati's Crime Vault. Bridging the Great Health Divide. School closings and delays. High School Sports. OrthoCinsational Play of the Week. Morning Show. Submit Your Birthday. Featured Business. Business Announcements. The court sent the case back to U. William Erpenbeck will get the money or his creditors. Judge Jeffrey Sutton, who described the case as "befitting a John Grisham novel," wrote that prosecutors did not properly give a bankruptcy trustee, Michael L.

Baker, notice of forfeiture proceedings, depriving him of an opportunity to lay claim to the cash. Erpenbeck, 51, is serving a year prison sentence at the federal prison in Coleman, Fla. His projected release date is Nov. Erpenbeck is former president of Edgewood, Ky.