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For Immediate Release

Contact:
April 27, 2011 Lynzey Donahue (202) 307-9075;
Bill Justice, Justice Real Estate (859) 255-3657
U.S. Marshals to Auction KY Horse Farm and Condo That Belonged to Fen-Phen Class-Action Lawyer Convicted of Fraud

Washington – Hillcrest Farm, a 160-acre property in Georgetown, Ky., will be auctioned by a U.S. Marshals contractor at 6 p.m. Friday. The auction date coincides with the Rolex Kentucky Three-Day Event taking place in nearby Lexington, Ky., to make the opportunity more readily available to out-of-town visitors.

The property, valued at approximately $3 million, has been forfeited to the government as part of a sentence against Shirley Cunningham, one of two former attorneys who were found guilty of fraud in 2009. Cunningham and William Gallion were found to have kept more than $94 million of a $200 million Fen-Phen diet pill settlement they had reached on behalf of 440 class-action lawsuit clients they represented. Cunningham is serving time in a federal prison in Mississippi with a scheduled release date in 2025. Gallion is housed in a federal prison in Louisiana with a scheduled release date in 2029.

The auction will take place on the Hillcrest Farm property at 1447 Lexington Road (US 25), Georgetown, Ky. The property is located three miles from the Kentucky Horse Park and just outside Georgetown city limits. The farm includes four homes, three barns and 40 stalls.

In addition to Hillcrest Farm, a two-bedroom, 2 ½-bath, 1,568-square-foot condominium located at 369 West Vine Street, #2102, in downtown Lexington will be on the auction block during the Friday sale. The condo is valued at approximately $266 thousand.

Proceeds from the auction will be deposited into the U.S. Department of Justice Asset Forfeiture fund to compensate victims of Cunningham and Gallion’s crimes.

Hillcrest Farm Hillcrest Farm
Property information and more photos of Hillcrest Farm, pictured above, are available at www.LPSAuctions.com
Lexington condominium Lexington condominium

Property information and more photos of the Lexington condominium, pictured above, are available at www.LPSAuctions.com.

The U.S. Marshals Service is responsible for managing and selling seized and forfeited properties acquired by federal criminals through illegal activities. Proceeds generated from asset sales are used to compensate victims, supplement funding for law enforcement initiatives and support community programs.

Additional information about the U.S. Marshals can be found at http://www.usmarshals.gov.

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America’s Oldest Federal Law Enforcement Agency