Terry Shockley, the Eugene property manager who was indicted last week on two charges of wire fraud totaling more than $3 million, is scheduled to have his arraignment at 10:30 a.m. on April 6. Shockley’s lawyer, Mike Arnold, told The Register Guard that Shockley will plead guilty.
Shockley’s firm, TS Property Management, operated in Eugene under the names Property Management Concepts and Eugene Rentals. The firm was closed last year due to a court order.
Shockley was involved in similar fraud cases last year, in which he was found guilty. He has not paid the court fees or restitution for either of these cases.
Shockley was also served a lawsuit on February 19 from American Express Bank, which alleges that Shockley owes $34,324.40 for crediting services, The Register-Guard reports. Arnold said that he has not yet reviewed this newest suit.