NASHVILLE – Special Agents with the Tennessee Bureau of Investigation have arrested and charged a Hendersonville man with forgery, stemming from a 2008 incident.                                                                 

At the request of 18th District Attorney General Ray Whitley, on August 4th, TBI Special Agents began investigating allegations that Ronald Kyle was running a Ponzi scheme. During the course of the investigation, Agents developed information that Kyle and his business partner were each named on a lien on property located at 1259 Windsor Drive. The investigation further revealed that in 2008, Kyle created two documents which purported to release the partner’s lien on the property. Kyle had them notarized, and later filed them with the Sumner County Registrar of Deeds. Information obtained during the investigation also revealed that during a 2011 meeting of creditors for a Chapter 11 bankruptcy case, Kyle admitted under oath to having forged the partner’s signatures to the fraudulent Releases of Lien and filed them without the partner’s knowledge.

On Tuesday, Ronald Kyle, 53, was arrested and charged with two counts of Forgery. He was booked into the Sumner County Jail, where his bond was set at $100,000.