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Jury rules PBI Bank committed fraud in land deal

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Plaintiff’s award could reach $1.4M

By Janell Oliver, special to The Oldham Era

An Oldham County jury has ruled in unanimous favor that an Anchorage bank committed fraud as a Prospect couple’s land deal went awry.

And now, the bank is expected to pay hefty damages.

Jurors ordered the defendant, PBI Bank, to pay $1 to $1.4 million after cheating a Prospect couple of money owed to them from a 2005 real estate transaction.

The couple, Patricia and the late Eddie Wilhoyte, sold seven acres of rolling farmland off Hunters Ridge Road to Crestwood Gardens LLC for $1,350,000.


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The Oldham Era | circulation@oldhamera.com | 502-222-7183
P.O. Box 5, 202 South First Street, Ste 1, LaGrange, KY 40031
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