About 46 properties owned by Willard Rental Properties have been transferred to an out-of-state lender.
The Huron County auditor's office released the transactions recently.
Willard Rental Properties is the company co-owned by Jerry and Janet Stackhouse of Willard. The Stackhouses filed for bankruptcy in summer 2012 after falling behind on second-half taxes, according to the auditor's office.
In December 2011, Jerry Stackhouse, 66, pleaded guilty to a total of 18 counts involving conspiracy, mail fraud, wire fraud and bank fraud. He was sentenced in May 2012 to one day in prison for each count and also fined $15,000 per count in federal district court. The charges stemmed from a 2006 dealing involving rental properties.
Prior to the criminal charges, Stackhouse was one of the biggest taxpaying citizens in Huron County. Through four entities, he was part of the ownership of 276 parcels of property in the county. Those rank fourth, 10th, 20th and 22nd on the list of those who pay the most property taxes annually.
A story about the real estate transactions was published in Tuesday's Reflector. To read the story, pick up a copy of that issue or subscribe to the e-paper (a complete digital replica of each issue) for less than $1 per week and read it now.