Filed under: Estates
The Cincinnati Enquirer reports that Ach was foreclosed on by Cinco Family Financial Credit Union after he failed to pay the credit union $1.4 million for two mortgages with Cinco. This appears to the be the second round of foreclose for Ach on this house. The Enquirer says that in 2003 he was was sued for foreclosure and the house was sold at public auction to an attorney for a company owned by former Cincinnati Reds owner Carl Lindner, a friend of Ach's family. It was was transferred back to Ach in 2007 when Ach took out the mortgages with Cinco.