SC Attorney General To Oppose Parole For Ex-CEO of HomeGold
STOLE MORE THAN $ 278 MILLION IN VICTIMS'
LIFE SAVINGS. TRUE CRIME ...
Ronald Sheppard
February 13, 2013
Columbia, SC
On Wednesday former HomeGold CEO Ronald Sheppard will ask a parole board to be let out of prison. He is serving a 20 year sentence.
In 2007 a Lexington County jury in 2007 found Sheppard guilty of securities fraud, conspiracy and obtaining a signature or property by false pretenses in the 2003 collapse of HomeGold and its subsidiary, Pickens-based Carolina Investors.
The South Carolina Attorney General Alan Wilson plans to oppose Sheppard's release.
In 2012 Sheppard almost got out of prison because of a computer glitch.
An estimated 12,000 people — most from the Upstate and many of them elderly — lost an estimated $278 million when Carolina Investors and parent company HomeGold failed in 2003.
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