Those who lost in Springboro man’s $66M Ponzi scheme want money from winners

Published: Monday, March 05, 2018 @ 10:47 AM

            William Apostelos
William Apostelos

The investors who lost the most in the William Apostelos Ponzi scheme have filed a lawsuit against those who they call “net winners” to recover some of their losses in the scam that cost hundreds of people millions of dollars.

The 19 named plaintiffs are suing 56 individual and company defendants and a potential class of 100 John or Jane Does to get back money from those who may have benefited from their investments with the Springboro man serving a 15-year federal sentence for fraud.

Apostelos’ wife, Connie, and others also were sentenced to prison.

RELATED: ‘Bernie Madoff of Dayton’ ordered to serve 15 years, pay back $32M

A U.S. Bankruptcy Court case against Apostelos may be in jeopardy because the case administrator says they cannot get information they need from federal prosecutors to move forward, according to court documents.

Toby Henderson, the attorney bringing the lawsuit in Montgomery County Common Pleas Court, said the lawsuit is designed to get the “claw-back” money that the bankruptcy case was to seek.

RELATED: William Apostelos pleads guilty in Ponzi scheme

The Ponzi scheme using several shell companies raised at least $66.7 million from 350 investors, “including business persons, professionals, retired police officers and retired factory workers,” according to the lawsuit.

“Apostelos portrayed himself as a sophisticated investor and businessman, and he exploited his network of clients, business associates, and friends to attract new investors. Many investors invested their retirement savings and lost their entire investments to the scheme.”

RELATED: Seizures in Ponzi case include race horses, cash, jewelry and artwork

Henderson said the tough thing about the litigation is that early investors who told friends and family about Apostelos may now have to pay back money to later investors who lost life savings.

“Not all investors lost money,” the lawsuit said. “In furtherance of the scheme, Apostelos distributed millions of the proceeds to a select group of investors.

MORE: Read other stories from Mark Gokavi

“That is, numerous investors in the Apostelos Ponzi-Scheme were ‘Net-Winners’ (those investors who received more money from Apostelos than they invested in principal), identified herein as the ‘Net Winner Defendants.’

“This class of investors benefited from the scheme directly out of the monies paid to Apostelos by Plaintiffs. The Net Winner Defendants reaped enormous profits.”

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A handful of defendants have started to receive service of the lawsuit, according to court records.

No attorneys are named for defendants, and no court dates have been set.

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Court ruling favors ex-Miamisburg teacher accused of sex with student

Published: Monday, March 19, 2018 @ 10:37 AM

            A judge’s ruling will allow a former Miamisburg teacher facing trial on charges of having sex with a middle school student access to forensic interviews of the alleged victim. FILE PHOTO
A judge’s ruling will allow a former Miamisburg teacher facing trial on charges of having sex with a middle school student access to forensic interviews of the alleged victim. FILE PHOTO

A judge’s ruling will allow a former Miamisburg teacher facing trial on charges of having sex with a middle school student access to forensic interviews of the alleged victim.

The attorney for Jessica Langford stated in court documents that failure to provide those interviews to his 32-year-old Centerville client “arguably violates her Sixth Amendment right” to have the assistance of counsel.

RELATED: New details in indicted ex-Miamisburg teacher’s teen sex charges

Montgomery County Common Pleas Court Judge Timothy O’Connell granted Langford access “for the reasons set forth in the defendant’s motion,” according to the ruling filed last week.

Forensic interviews are conducted at a child advocacy center when there has been a report that the child may have been a victim of physical or sexual abuse or when a child may have witnessed a violent crime.

RELATED: Indicted ex-Miamisburg teacher seeks teen accuser’s name, details of sex charges

Langford has been indicted on three counts of sexual battery and unlawful sexual conduct with a minor, whom Prosecutor Mathias Heck Jr. described as a 14-year-old. She is accused of having oral sex and intercourse with a student “on or about May 23,” according to court documents.

Miamisburg City School District documents state she resigned the next day. Miami Twp. police investigated the case. She was indicted in November and a week later pleaded not guilty to all charges.

The trial is scheduled for the week of April 9.


RELATED: Substitute teacher indicted on charges of sex with teen students pleads not guilty

RELATED: Ex-Miamisburg Middle School teacher pleads not guilty to sexual conduct with student

RELATED: Sex-with-student cases swamp area schools

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Ex-Logan County superintendent gets prison in child sex case

Published: Monday, March 19, 2018 @ 9:20 AM
Updated: Monday, March 19, 2018 @ 10:36 AM

            Patrick J. O’Donnell appears in Logan County Common Pleas Court on Monday for his sentencing. Jeff Guerini/Staff
Patrick J. O’Donnell appears in Logan County Common Pleas Court on Monday for his sentencing. Jeff Guerini/Staff

UPDATE @ 10:20 a.m.: Patrick O’Donnell, the former Indian Lake superintendent who pleaded to a count of gross sexual imposition, will spend more than four years in prison.

He was sentenced today to 54 months in prison. He also will have to register as a Tier Two sex offender upon his release from prison.

FIRST POST: The former Indian Lake superintendent who pleaded to a count of gross sexual imposition will be sentenced this morning.

Patrick O’Donnell who was found guilty after entering an Alford plea just before opening arguments in the trial against him were to begin last month.

RELATED: Ex-Logan County superintendent takes plea deal in child sex case

He faces a maximum of five years in prison and a $10,000 fine. He will also have to register as a sex offender for 25 years.

An Alford plea isn’t an admission of guilt, defense attorney Sam Shamansky said, but a plea that accepts its punishment.

O’Donnell had faced 14 child-sex related charges, including rape, gross sexual imposition and sexual battery. He entered the Alford plea to one count of gross sexual imposition and the rest of the charges were dismissed as part of a plea deal.


Topre to expand again, adding 200 jobs and investing $73M

Drug recovery changing in Springfield, nation, offering hope

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UD’s St. Patrick’s Day revelry moves indoors after officers in riot gear push back crowds

Published: Saturday, March 17, 2018 @ 5:35 PM
Updated: Saturday, March 17, 2018 @ 7:34 PM

Police tell students and others that they are issuing an order to disburse

UPDATE @ 7:34 p.m.

University of Dayton officials released a statement tonight regarding the decision to clear the large crowds in the student neighborhood.

>>PHOTOS: UD students on St. Patrick’s Day

>>MORE VIDEOS: Police in riot gear in UD neighborhoods  |  James Buechele on the scene in UD neighborhoods  |  Skyview of UD neighborhoods

“University of Dayton police and Dayton police determined that a large crowd blocking Lowes Street, throwing objects at police and others and not responding to police commands, presented an extremely dangerous situation on Saturday afternoon. Police orders to clear the street were not successful and police were withdrawn for safety reasons. Additional UD and Dayton police officers were called and moved to clear the street about 6:30 p.m. The street was cleared in about a half hour without incident. No one was arrested during the dispersal. A strong police presence will be in the student neighborhood Saturday night and on Sunday and if a similar crowd gathers, it will be ordered to disperse.”

UPDATE @ 7 p.m.

Police turned out in riot gear to disperse the St. Patrick’s Day revelry in the streets of the University of Dayton student neighborhood after students started throwing bottles and rocks at them, police said.

As police in crowd control gear were getting ready to walk down the street, a huge cheer went out for a Domino’s pizza delivery driver who brought a couple pies to a house nearby.

Other students started yelling at an officer who got out of the back of a SWAT vehicle. The officer said he’d rather be celebrating himself or at home watching NCAA tournament games.

With the streets clear and most students inside their homes, police were walking the streets, ordering stragglers who remained in yards and porches to go inside.

UPDATE @ 6:30 p.m.

Police cleared the streets of people in the student neighborhood, which were filled with a couple thousand students celebrating St. Patrick’s Day.

Officers in crowd-control gear were walking the streets, ordering students who remain outside to go indoors and lock their doors.

>>PHOTOS: UD students on St. Patrick’s Day

>>MORE VIDEOS: Police in riot gear in UD neighborhoods  |  James Buechele on the scene in UD neighborhoods  |  Skyview of UD neighborhoods


Thousands of students are in the streets and front yards this afternoon, defying orders to leave or go inside.

The University of Dayton students, most wearing green in celebration of St. Patrick’s Day, took to the student neighborhood mostly in the Kiefaber Street area.

Dayton and University of Dayton officers in riot gear with shields in front blocked the street, using a loudspeaker to order students to return to their homes or leave the area.


There were earlier reports of students throwing bottles, rocks and firecrackers, with some hitting officers according to the Montgomery County Regional Dispatch Center.

Vehicles were getting damaged, and some students had on football padding.

Around 5:30 p.m., there were 26 Dayton police cruisers with numerous Dayton police in riot gear. This was in addition to campus police on scene. There also were reports that police may be readying gas masks, possibly to deploy tear gas, according to scanner traffic.

Got a tip? Call our monitored 24-hour line, 937-259-2237, or send it to

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Fifth missing woman found safe; search continues for four others

Published: Monday, March 19, 2018 @ 8:17 AM

4 women are missing from Middletown

UPDATE @9:25 a.m.:

Julie Kakaris, a Middletown woman who told a family member she was being held against her will, has been found safe, according to police.

“She was found in Kentucky, but she is back now,” said Maj. Scott Reeve this morning. Police are continuing to investigate the circumstances of the incident to determine if is was held against her will and how she got to Kentucky.

Detectives are also continuing to look for four other women missing from Middletown with similar backgrounds.


Middletown police are continuing to look for Julie Kakaris, who told her father via phone messages that she was being held against her will.

Officers were called to the residence of Kakaris’ father on Tuesday afternoon on a report that she was possibly being held against her will at an apartment complex.

Paul Bilunka said he received messages from his daughter last Monday that two to three men were holding her in an apartment and forcing her to do drugs, according to the police report. She asked him to pick her up because she was scared, but in a later conversation she asked him not to do so.

MORE: Middletown woman helping police in Lindsay Bogan case now missing

Officers checked possible locations for Kakaris on Tuesday and have been checkout leads ever since, according to Major Scott Reeve.

“We have knocked on doors and talked to people, but we haven’t found her,” Reeve said. “We are concerned.”

Four other women with similar backgrounds remain missing from Middletown. The police department has enlisted the help the the Ohio Bureau of Criminal Investigation to locate the women or leads on their whereabouts.

MORE: Lindsay Bogan: Middletown police discuss theories in woman’s death

The four women missing from Middletown are:

• Brandy English, 41, missing May 11, 2016 from Middletown

• Amber Flack, 30, missing Sept. 1, 2016 from Middletown

• Melinda (Oney) Miller, 47, missing Feb. 19, 2017 from Middletown

• Michelle Burgan, 47, missing May 16, 2017 from Middletown

Additionally, two others missing along the I-75/71 corridor could be connected.

They are:

• Amber Whitmer, 30, missing June 6, 2016 from Springfield

• Chelsey Coe, 25, reported missing in August from Miamisburg

Reeve said in recent weeks Middletown detectives have traveled to Jacksonville, Fla. and and Louisville, Ky. following leads on English, but had not luck finder her.

“It is difficult and frustrating trying to find these ladies because the don’t have a permanent address and have a lifestyles that makes them vulnerable,” Reeve said.

Reeve said all the women are adults with a history of drug abuse, and some were homeless and had a history of prostitution.

Detectives said it is possible English’s disappearance could be related to Lindsay Bogan, who went missing from Middletown two years ago and whose skeletal remains were found more than a year ago in a field on a Madison Twp. farm. Her death remains unsolved.

English made it known to others she was helping police in their investigation of Bogan’s death, police told this news outlet in 2016. There have been no sightings of English since her disappearance.

Anyone with a tip about the whereabouts of this women are asked to call 513-425-7700.

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