Home / News / Headlines / Ex-HomeGold exec again seeking parole

Ex-HomeGold exec again seeking parole

COLUMBIA (AP) — Former HomeGold executive Ronnie Sheppard is trying again for early release from prison.

Online records show Sheppard is scheduled to have a parole hearing on April 23 in Columbia.

Attorney Michele Patrao Forsythe tells the Greenville News that part of her client’s reasoning for parole is that he had heart surgery last year and would benefit from outside medical treatment.

Sheppard is serving a 20-year sentence for securities fraud, conspiracy and obtaining property under false pretenses for his role in the 2003 collapse of HomeGold and its subsidiary Carolina Investors.

More than 8,000 investors lost $275 million in one of the biggest bankruptcies in state history.

Sheppard’s two previous requests for early release have been denied. Attorney General Alan Wilson says he plans to oppose Sheppard’s new request.

Leave a Reply

Your email address will not be published. Required fields are marked *