Daily Independent (Ashland, KY)

Local News

January 14, 2014

Lawrence bank chief indicted

Edgar N. Purdom Jr., 68, faces child-porn charges

LOUISA — The president of a Lawrence County bank has been indicted on child-pornography charges.

Edgar N. Purdom Jr., 68, of Louisa, was charged with four counts of distribution of matter portraying a sexual performance by a minor and one count of possession of matter portraying a sexual performance by a minor in an indictment returned Friday by a Lawrence County grand jury, according to a news release from the office of Kentucky Attorney General Jack Conway.

Purdom, president and CEO of Louisa Community Bank, turned himself in Monday at the Lawrence County Sheriff’s Department, the release said. He was booked into the Big Sandy Regional Detention Center and released on bond.

The charges stem from an investigation by Conway’s Cybercrimes investigators launched in February 2013 following an undercover lead. A search warrant was executed at Purdom’s home in October with the assistance of the sheriff’s department.

The charges against Purdom are all Class D felonies, each carrying a one- to five-year prison sentence. However, under state sentencing guidelines, Class D sentences may only be stacked to a maximum of 20 years.

Purdom was placed on administrative leave, effective Monday, according to a statement released by the bank’s board of directors.

The statement, signed by Lonnie Hannah, the board’s chairman, also called Purdom’s arrest “very unfortunate for any bad image that could be created, which should not be a reflection on our bank. His arrest was of a personal nature and was not connected (in) any way to Mr. Purdom’s banking duties as our president.

“We wish him the best of luck in proving his innocence.”

Purdom is scheduled to be arraigned Jan. 24 in Lawrence Circuit Court.

A grand jury indictment is a formal accusation of a crime and does not establish guilt.

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