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Kay Rogers helped Dynus owner buy home
While Dynus Corp. was quietly headed toward ruin, former Butler County Auditor Kay Rogers wrote a letter certifying the business was worth $13 million.
This letter was used in a home loan application for former Dynus owner Orlando Carter, who was buying a $1.2 million mansion in Maineville.
The March 2005 letter was written by Rogers as a private certified public accountant. At the time, she was also county auditor, but later resigned that post after pleading guilty to bank fraud in relation with a deal with Dynus.
With Rogers, the former Dynus president and a former Dynus employee having pleaded guilty to bank fraud in the deal, Carter has been the only one to stand trial for the company taking out multi-million dollar loan in Butler County’s name without county approval.
Carter’s defense team has argued that he wasn’t involved in the illicit deal; it was all Rogers and company president Jim Smith.
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Comments
By JBSTONE
July 30, 2009 7:37 PM | Link to this
I had tax issues with Kay Rogers several years back. She told me I owed taxes but my accountant told me she was wrong. She threatened to sue me but my accountant said I actually overpaid and filed an amended return and I received a refund. What an idiot.