Ronald Snyder, 71, Fisherville, Kentucky, was sentenced to 8 months imprisonment followed by 3 years of Supervised Release. The defendant was also ordered to pay restitution in the amount of $15,000 and a $5,000 fine. There is no parole in the federal judicial system. Snyder previously pleaded guilty to a felony Information on May 17, 2010. The Information charged him one count of mail fraud in violation of Title 18, United States Code, Section 1341.
In the Information and Plea Agreement, Snyder admitted that from March 2, 1998 until August 2009 he fraudulently and illegally exercised dominion and control over a condominium with an address of 428 Sprite Road #2, Louisville, Kentucky. The condominium was owned by R.C. until his death on March 2, 1998. Following R.C.‘s death, Snyder knowingly failed to locate the heirs of R.C. or cede control of the condominium to the state of Kentucky. Instead, Snyder rented out the condominium and kept the rental payments for his own benefit. The value of the condominium as of the 2006 appraisal was $91,060. Snyder received at least $15,000 in rental payments during this period. The rental payments were sent by U.S. mail from the tenants to Snyder.
David J. Hale, United States Attorney for the Western District of Kentucky, announces that
Special Agent in Charge Paul R. Johnson of the U.S. Secret Service stated that, “this case exemplifies the close cooperation of federal, state and local law enforcement agencies investigating financial crimes in Kentucky. Crimes perpetrated by individuals in positions of authority and trust, as was the case with Mr. Snyder, are examples of instilling the public’s confidence that people in positions of power and influence will be held accountable.”
The case was prosecuted by Assistant United States Attorneys Bryan R. Calhoun and David Weiser. This case was investigated by the United States Secret Service, Kentucky Electronic Crimes Task Force, whose members include the Louisville Metropolitan Police Department and the United States Postal Inspection Service.