Source: s3://data.kl3m.ai/documents/govinfo/USCOURTS/USCOURTS-arwd-2_06-cv-02012/USCOURTS-arwd-2_06-cv-02012-1/pdf.json

Nature of Suit Code: 690
Nature of Suit: Other Forfeiture and Penalty Suits
Cause of Action: 21:881 Forfeiture Property - Real Estate

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IN THE UNITED STATES DISTRICT COURT

WESTERN DISTRICT OF ARKANSAS

FORT SMITH DIVISION

UNITED STATES OF AMERICA,

 Plaintiff,

v. Civil No. 06-2012

6608 HIGHLAND PARK, FORT SMITH, 

ARKANSAS, WITH ALL APPURTENANCES

AND IMPROVEMENTS THEREIN;

6912 SOUTHFIELD DRIVE, FORT SMITH, 

ARKANSAS, WITH ALL APPURTENANCES

AND IMPROVEMENTS THEREIN;

2419 TOWSON AVENUE, FORT SMITH, 

ARKANSAS, WITH ALL APPURTENANCES

AND IMPROVEMENTS THEREIN;

1601 TOWSON AVENUE, FORT SMITH,

ARKANSAS, WITH ALL APPURTENANCES

AND IMPROVEMENTS THEREIN;

2322 TOWSON AVENUE, FORT SMITH,

ARKANSAS, WITH ALL APPURTENANCES

AND IMPROVEMENTS THEREIN;

6205 HIGHWAY 271 SOUTH, FORT SMITH,

ARKANSAS, WITH ALL APPURTENANCES

AND IMPROVEMENTS THEREIN;

1514 TOWSON AVENUE, FORT SMITH,

ARKANSAS, WITH ALL APPURTENANCES

AND IMPROVEMENTS THEREIN;

918 TOWSON AVENUE, FORT SMITH, 

ARKANSAS, WITH ALL APPURTENANCES

AND IMPROVEMENTS THEREIN;

3511 TOWSON AVENUE, FORT SMITH,

ARKANSAS, WITH ALL APPURTENANCES

AND IMPROVEMENTS THEREIN;

and,

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1217 SOUTH WALDRON ROAD, FORT SMITH,

ARKANSAS, WITH ALL APPURTENANCES

AND IMPROVEMENTS THEREIN,

Defendants.

CONSENT DECREE OF FORFEITURE

On January 25, 2006, a Verified Complaint of Forfeiture against the defendant real

properties was filed on behalf of the plaintiff, United States of America The complaint alleges that

the defendant real properties are subject to forfeiture pursuant to 18 U.S.C. § 981(a)(1)(A) and 31

U.S.C. § 5317(c)(2) of property involved in or traceable to the structuring or attempt to structure any

transaction with one or more domestic financial institutions for the purpose of evading the reporting

requirements of 31 U.S.C. § 5313(a), in violation of 31 U.S.C. § 5324(a)(3) and 18 U.S.C. § 371.

It appearing that process was fully issued in this action and returned according to law;

That pursuant to a Warrant of Arrest issued by the Court, the defendant real properties

were posted on April 11, and 12, 2006. 

On April 11, 2006, Effie Drosopoulos, Chris Drosopoulos, Dimitrios Drosopoulos, and

Kimberly Drozal received personal service. On April 12, 2006, John Dros, a/k/a John Drosopoulos,

Brenda Dros, a/k/a/ Brenda Drosopoulos, Terri Drosopoulos, Vasso Drosopoulos, Bank of the

Ozarks, First National Bank, Sports & Imports, LLC, and Vasiliki Investments, LLC received

personal service. On April 17, 2006, First Community Bank received service of process. 

On May 2, 2006 First CommunityBank of Crawford County filed its Verified Statement

of Interest and Answer, in which it claims an interest in said real property located at 1217 S. Waldron

Road, Fort Smith, Arkansas by virtue of a real estate mortgage.

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On May 5, 2006 First National Bank of Fort Smith, Arkansas filed its Verified Statement

of Interest, in which it claims an interest in said real property located at 6912 Southfield Drive, Fort

Smith, Arkansas by virtue of a real estate mortgage.

On May 8, 2006 Bank of the Ozarks filed its Verified Statement of Interest and Answer,

in which it claims an interest in said real property located at 6912 Southfield Drive, Fort Smith,

Arkansas by virtue of a real estate mortgage.

On May 9, 2006, an order was entered administratively terminating this action. Upon

petition of the United States, however, this action has been re-opened for entry of this Consent

Decree.

IT IS HEREBY ORDERED, ADJUDGED, and DECREED:

1. Pursuant to the agreement of the parties, Claimants Chris Drosopoulos, and Effie

Drosopoulos, on behalf of Chris Drosopoulos, shall forfeit $700,000.00 in United States currency

in lieu of forfeiture of said real property.

2. Pursuant to 28 U.S.C. § 2465, reasonable cause existed for the arrest and posting of

defendant real properties.

IT IS SO ORDERED this 4th day of April, 2007.

 /s/ Jimm Larry Hendren 

 HONORABLE JIMM LARRY HENDREN

 CHIEF U.S. DISTRICT JUDGE

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APPROVED:

CHRIS DROSOPOULOS VASSO DROSOPOULOS

By: /s/Patrick R. James By: /s/Rex W. Chronister

Patrick R. James #82084 Rex W. Chronister

James & House, P.A. P.O. Box 66

801 West Third Street Fort Smith, AR 72902-0066

Little Rock, AR 72201 (479) 783-4060

(501) 372-6555

EFFIE DROSOPOULOS SPORTS & IMPORTS, LLC

VASILIKI INVESTMENTS, LLC

By: /s/Roy R. Gean III By: /s/David E. Johnson

Roy R. Gean III David E. Johnson #98026

Gean Gean & Gean James & House, P.A.

511 Garrison 801 West Third Street

Fort Smith, AR 72901 Little Rock, AR 72201

(479) 783-1124 (501) 372-6555

FIRST COMMUNITY BANK OF JOHN DROS

CRAWFORD COUNTY

By: /s/J. Gregory Magness By: /s/David C. Gean

J. Gregory Magness David C. Gean

HARDIN, JESSON & TERRY, PLC Gean, Gean & Gean

P.O. Box 10127 511 Garrison

Fort Smith, AR 72917-0127 Fort Smith, AR 72901

(479) 452-2200 (479) 783-1124

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FIRST NATIONAL BANK OF UNITED STATES OF AMERICA

FORT SMITH, ARKANSAS

By: /s/R. Ray Fulmer By: /s/David R. Ferguson

 R. Ray Fulmer David R. Ferguson #85052

 LEDBETTER, COGBILL, P.O. Box 1524

 ARNOLD & HARRISON, LLP Fort Smith, AR 72902

 P.O. Box 185 (479) 783-5125

 Fort Smith, AR 72902-0185

(479) 782-7294

BANK OF THE OZARKS TERRI DROSOPOULOS

By: /s/Kathryn W. Searcy By: /s/Mark E. Ford

Kathryn W. Searcy Mark E. Ford

12615 Chenal Parkway 19 Court Street

Post Office Box 8811 Fort Smith, AR 72901

Little Rock, AR 72231 (479) 785-0123

(501) 978-2226 

KIM DROZAL BRENDA DROS

By: /s/Eddie Christian, Jr. By: /s/David C. Gean

Eddie Christian, Jr. David C. Gean

502 Garrison Avenue Gean, Gean & Gean

Fort Smith, AR 72901 511 Garrison

(479) 782-9147 Fort Smith, AR 72901

 (479) 783-1124

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