Parole board revokes ex-HomeGold exec's release - FOX Carolina 21

Parole board revokes ex-HomeGold exec's release

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Ex-HomeGold CEO Ronnie Sheppard (right) leaves an Upstate courthouse with an unknown man (left). (File/FOX Carolina) Ex-HomeGold CEO Ronnie Sheppard (right) leaves an Upstate courthouse with an unknown man (left). (File/FOX Carolina)
COLUMBIA, SC (AP/FOX Carolina) -

A South Carolina parole board is revoking the early release granted to an executive involved in one of the state's biggest bankruptcies because the Attorney General's office was not notified.

Probation, Parole and Pardon Services director Kela Thomas sent a letter to Attorney General Alan Wilson on Thursday, saying her office made a mistake not letting his lawyers know former HomeGold chief executive Ronnie Sheppard was going before the parole board Wednesday.

Pete O'Boyle, spokesman for PPP, told FOX Carolina that a computer error was the reason the Attorney General was not notified about the hearing. He said all victims in the case were notified, but none of them showed up at the hearing.

Sheppard has served four years of a 20-year sentence for his role in one of the state's largest bankruptcies, the $275 million collapse of HomeGold and its subsidiary, Carolina Investors in 2003.

Sheppard will have a new parole hearing on Jan. 18.

Copyright 2011 FOX Carolina. All rights reserved. The Associated Press contributed to this report.

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