STANFORD - A civil suit filed against accused swindler Janssen D. Willhoit by Mayor Eddie Carter, one of the investors claiming to be duped, will be heard in court today, where a default judgment of $55,000 in restitution could be handed down.
Mayor Carter filed the suit in June as a citizen after Willhoit allegedly scammed him into investing in Net City, an investment company Willhoit said was connected with National City Bank and had promised high interest rates to snare investors.
In his civil suit filed by Stanford attorney Kirk Correll, Carter alleges that Willhoit should pay $55,000 plus interest in restitution for the fraud. The case will be decided by Circuit Court Judge Jeffrey T. Burdette.
Willhoit was arrested June 9 on charges related to the scam and held in the Lincoln County Regional Jail on a $100,000 cash bond. Stanford police estimated Willhoit, of Lexington, had taken $150,000 from three Stanford investors, but that others had been duped across the state.