Scott Binsack is prohibited from being part of a business or participating in even basic financial transactions, such as having or using a bank account or a credit card, according to terms of his parole granted in April of 2011.
Now, Binsack says he's going back to jail for a technical violation of his parole.
Last month, he started circulating a stock prospectus trying to raise $13,510,000 to revitalize the Shamokin area. State securities officials found the unregistered activities questionable and are actively investigating it.
A 48-minute video soliloquy titled "The Harassment Continues" released on YouTube.com and a number of other media platforms Wednesday features Binsack in a leather chair in a dark room claiming rampant corruption in Shamokin.
"As of Monday, I could be sent to prison because of an alleged technicality with my agreement with the state," said Binsack in the video. "I want the public to know I may never walk out of that prison."
In August, Binsack began circulated a prospectus seeking investors in a far-reaching plan to revitalize the Shamokin area by entities known as the Hometown Revitalization Group LLC and S&S Capital LLC. The prospectus came to the attention of the Pennsylvania Securities Commission. An investigator began contacting people aware of the prospectus.
Binsack said the stock offering is exempt from securities law. An official at the commission said Thursday that no determination has been made.
When contacted by phone, Binsack declined to comment.
"I have excellent attorneys and they've told me not to speak to you," he said, but declined to name his attorneys.
Binsack has said his work with Hometown Revitalization and the stock offering is as a consultant, although no such distinction is made in the prospectus, which includes his biography and photograph. He reiterated that claim in the recent video, trying to show compliance with the parole board's ban on business activity.
"I can assure you, I'm not going to stand by and continue to be blamed for things that are not true or that I didn't do," he said on the video, promising that his arrest would be videotaped by supporters.
Leo Dunn, a spokesman for the state Board of Probation and Parole, said he could not comment on whether a particular parolee is being investigated. Parole officers have arrest power and can detain a parolee for a suspected violation.
Within 15 days, an initial hearing is held by a board hearing examiner. A second hearing determines the penalty.
If the violation is found, Binsack could go back to prison for the balance of his term, or max date, of May 18, 2014.
In the video, he calls his Lackawanna County arrests for bad check and insurance fraud a "set up," attempting to connect his arrest with the corruption scandal involving county commissioners, Robert Cordaro and A.J. Munchak.
The findings of the Board of Probation and Parole granted Binsack's release partially due to his "acceptance of responsibility for the offense(s) committed."