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Kay Rogers helped Dynus owner buy home | Butler County News and Issues
 

Home > Blogs > Butler County News and Issues > Archives > 2009 > July > 29 > Entry

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.

But Carter’s trial in federal court Wednesday, July 29, focused on charges that he misrepresented his income and assets when trying to buy that Maineville home.

Permalink | Comments (1) | Post your comment | Categories: Dynus

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.

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