MENU
component-ddb-728x90-v1-01-desktop

RV Peddler GM speaks from jail, says he 'continued with the problem'

Faye Morero and Ken Searcy appear in court for an arraignment in Bakersfield, Calif., on Tuesday, May 15, 2018. They're accused of conducting a consignment-sale scam with their former business, RV Peddler. (KBAK/KBFX photo)

His wrists and ankles in handcuffs, former RV Peddler General Manager Ken Searcy spoke to Eyewitness News at the downtown jailhouse.

He said what prosecutors call a Ponzi scheme being run out of RV Peddler was years in the making and all started because of one thing.

"Back in 2014, the company was in huge trouble," said Searcy. "Huge trouble."

That's around the same time prosecutors said Searcy and then-owner Faye Morero used the motor home dealership to scam customers by not paying for consignment sales.

"We took advantage of that, and we improved things a few million dollars, but then Faye ran out of money," said Searcy. "She just ran out of money."

Searcy said the scam he and Morero are accused of wasn't his decision, but at first he didn't fight it.

"I didn't cause the problem," said Searcy. "(Investigators) can see that I continued with the problem, but I tried to correct it and make it right."

Searcy said he feels bad for the people who suffered "pain" caused by RV Peddler but also said if they're looking to get their money back, there's no chance.

"There is no secret stash, there is no stolen money, hidden money," Searcy said.

Both Morero and Searcy appeared in court Tuesday, and both entered not-guilty pleas.

The officer manager who was also a part of the scheme cut a deal with the Kern County District Attorney's Office, trading testimony for immunity in the case.

close video ad
Unmutetoggle ad audio on off

Trending