'Downtowner' Saga Continues
The former editor and publisher of The Downtowner is seeking foreclosure on an East Walnut Hills mansion owned by businessman Roger Ach II to settle an unpaid debt stemming from a dispute over the newspaper's trademark.
A lawyer for Douglas Taylor and Taylor Communications Inc. filed a motion this week in U.S. District Court alleging that Ach hasn't anted up any of the $56,000 he agreed to pay to settle the trademark flap that began last winter. Jim Frooman, Taylor's lawyer, is asking a judge to foreclose on Ach's mansion and sell it at auction to pay the debt.
If the court agrees, it would be the second time in five years that Ach’s mansion was sold at sheriff’s auction. The lavish home was sold for $1.18 million at an August 2003 auction in a manner designed to conceal the buyer’s identity.
At the time, a lawyer for a company owned by millionaire businessman Carl Lindner served as a trustee for the anonymous buyer who bought the mansion. Lawyer Mark Muething — who worked for Great American Financial Resources, a company owned by Lindner — handled the transaction. Later, real estate records show the home was deeded back to Ach and his wife, Janet.
Ach’s mansion is well-known to movie-goers: It was featured in the popular 1988 film, Rain Man, starring Dustin Hoffman and Tom Cruise.
Taylor bought the weekly Downtowner in 1996 and published it for a decade, before entering into a one-year licensing arrangement with Ach and his company, InQBate Corp. Ach continued publishing The Downtowner after the deal expired in November 2007, prompting Taylor’s lawsuit. Ach eventually renamed the newspaper as The Pulse.
Ach has a history of legal troubles related to business deals including 2003 felony bad check charges in Texas and 2002 misdemeanor charges for failing to pay his city of Cincinnati income taxes.
— Kevin Osborne
That paper sucks anyway!
Posted by: Worse than Cinweekly | July 23, 2008 at 11:31 PM
Roger, AKA "Vagina Lips", is the biggest deadbeat in town. Never, ever get into business with this guy. He will get you into a ponzi scheme, rob you blind and leave you holding the bag.
Posted by: In The Know | July 24, 2008 at 01:26 PM
Who will Old Vagina Lips fuck next?
Posted by: Mickey | July 24, 2008 at 03:36 PM
Vagina lips? That's an insult to vagina's.
Posted by: Disgusting Sexist Pigs! | July 24, 2008 at 06:49 PM
Not the type of behavior one would expect from the CEO of a publically traded company. Then again, Ach's Inqbate is worth only $0.003 a share which most likely explains why he can't pay now.
Hopefully this story, and your exposure of his questionable history will save people from giving him more money.
Nice work.
Posted by: Thanks for Digging | July 25, 2008 at 09:09 AM
HERE I AM! - Roger Ach "conned" me out of 50k. My home is gone, my family left me and he still lives in his mansion. And there is supposed to be a God???
Posted by: TC | October 12, 2008 at 02:54 PM
HERE I AM! - Roger Ach "conned" me out of 50k. My home is gone, my family left me and he still lives in his mansion. And there is supposed to be a God???
Posted by: TC | October 12, 2008 at 02:55 PM