09-17-2009, 12:18 AM
Federal investigators are looking into two veteran Cape Coral police officers. After digging into their past, we uncovered the officers have a history of doing business together, and are both facing financial turmoil.
Court documents show money troubles are piling up for the Cape Police Chief Rob Petrovich's son Stephen Petrovich and his wife Denise.
Several credit companies allege Stephen Petrovich neglected to pay nearly $30,000 in credit bills since 2005.
And most recently, the couple faced bankruptcy, filing for Chapter 13 in August of last year.
Documents we found reveal the couple was forced to foreclose on two homes they own - homes worth a total of nearly $1-million.
According to records, the couple purchased a four bedroom, two bath Cape Coral home on a canal in 2007. They paid $725,000, but still owe more than $650,000.
Records also show they bought a three bedroom, two bathroom home in Cape Coral that they still owe $283,000 on.
That home is listed as their primary residence, but a neighbor said the Petrovich family moved out more than a year ago and have been renting it ever since.
While the United States Secret Service remains tight lipped as to why they're looking at Officer Petrovich and Sergeant James O'Brien, the agency investigates financial issues.
O'Brien's bankruptcy attorney confirmed that he filed for bankruptcy in June of last year. He too, was forced to surrender multiple homes.
Both Petrovich and O'Brien are listed as officers for two companies. One company is no longer active.
The other, Tactical Protection and Investigation, Inc, offers courses in obtaining a concealed weapons permit. It is based out of O'Brien's home.
Court documents show money troubles are piling up for the Cape Police Chief Rob Petrovich's son Stephen Petrovich and his wife Denise.
Several credit companies allege Stephen Petrovich neglected to pay nearly $30,000 in credit bills since 2005.
And most recently, the couple faced bankruptcy, filing for Chapter 13 in August of last year.
Documents we found reveal the couple was forced to foreclose on two homes they own - homes worth a total of nearly $1-million.
According to records, the couple purchased a four bedroom, two bath Cape Coral home on a canal in 2007. They paid $725,000, but still owe more than $650,000.
Records also show they bought a three bedroom, two bathroom home in Cape Coral that they still owe $283,000 on.
That home is listed as their primary residence, but a neighbor said the Petrovich family moved out more than a year ago and have been renting it ever since.
While the United States Secret Service remains tight lipped as to why they're looking at Officer Petrovich and Sergeant James O'Brien, the agency investigates financial issues.
O'Brien's bankruptcy attorney confirmed that he filed for bankruptcy in June of last year. He too, was forced to surrender multiple homes.
Both Petrovich and O'Brien are listed as officers for two companies. One company is no longer active.
The other, Tactical Protection and Investigation, Inc, offers courses in obtaining a concealed weapons permit. It is based out of O'Brien's home.