Jury rules PBI Bank committed fraud in land deal

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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