Episode 140: Timothy Tracy – Mortgage Fraud, Obstruction of Justice

Retired agent Timothy Tracy served in the FBI for 32 years, two as a budget analyst at FBI Headquarters and 30 as a special agent. His first assignment was in the Cincinnati Division. Later, he was assigned to the House Appropriations Committee, Washington Field Office and to the Attorney General’s Security Detail, and finally to the Louisville Division where he spent the last 17 years of his career in the Covington, Kentucky Resident Agency. In this episode of FBI Retired Case File Review, Tim Tracy reviews the Erpenbeck  mortgage fraud case where the main subjects, son Bill and father Tony Erpenbeck received multi-year sentences for obstruction of justice and the father was sentenced to additional years of incarceration for threatening to kill the judge and prosecutor, and kidnap Tim Tracy’s young children. The investigation, one of the last cases Tim Tracy worked prior to retirement, was featured on the CNBC show American Greed. Upon his retirement, he accepted a position as a contract forfeiture investigator in the Cincinnati Division. Currently, Tim Tracy is involved in several volunteer activities and performs investigative services on a limited basis.

Special Agent (Retired)

Timothy Tracy

7/12/1976 – 12/03/2008

 

 

 

 

 

 

“He started making graphic threats. Not only threatening to kill the judge and prosecutors, but he also wanted to kidnap my children.”

The following are links to newspaper articles about the Erpenbeck mortgage fraud case and the subsequent charges of obstruction of justice and threats:

The Cincinnati Enquirer – 7/2/2004: Erpenbeck – Tony Get 70 Years 1

The Cincinnati Enquirer – 7/2/2004: Erpenbeck – Tony Get 70 Years 2

The Cincinnati Enquirer – 7/10/2004: Erpenbeck – Facade of Success Hid Strife in Family 1

The Cincinnati Enquirer – 7/10/2004: Erpenbeck – Facade Hid Fractures 2

The Cincinnati Enquirer – 4/8/2005: Builder Indicted Again

The Kentucky Enquirer – 6/22/2012: Erpenbeck’s Buried Cash – 1

The Kentucky Enquirer – 6/22/2012: Erpenbeck’s Buried Cash – 2

AMERICAN GREED EPISODE 59: REAL ESTATE HOME WRECKER (Web Extras)

The Erpenbeck Company (TEC) mortgage fraud scheme mis-deposited proceeds from new home sale closings checks to construction loan lenders into TEC accounts resulting in double mortgages for homeowners.

 

 

 

 

 

 

 

 

 

 

 

 

 

Jerri Williams

View posts by Jerri Williams
Jerri Williams, a retired FBI agent, author and podcaster, attempts to relive her glory days by writing crime fiction and hosting FBI Retired Case File Review, a true crime podcast available for subscription on Apple Podcast, Google Podcast, Spotify, and other popular podcast apps. Her novels—Pay To Play and Greedy Givers—inspired by actual true crime FBI cases and featuring temptation, corruption, and redemption, are available at amazon.com. 

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