Multi-Million Dollar Bond Set for Billy Ivy Jr. Following Latest Arrest

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Billy Ivy Jr. is being held in the Potter County Detention Center on a $10 million bond. The bond is $5 million for each Capital Murder for Remuneration charge. 

Ivy was arrested again Thursday afternoon after investigators with the Amarillo Police Department Special Crimes Unit said Ivy tried to hire an undercover police officer to murder more than one person. 

Lieutenant Erick Bohannon said they received a tip earlier this week that Ivy was looking for someone to hire, to commit the crime. That is when they set up an undercover operation.

“Through the course of the next several days, afterward, investigators were able to set up an operation that yielded the identity of the suspect and then subsequently turned into a solicitation for murder to an undercover officer,” Lt. Bohannon said. “From that, then we were able to arrest Billy Glenn Ivy, Jr. here in Amarillo.”

There are few details from police as this is an active investigation.

A motion was filed this morning to revoke his pretrial release from May of this year. 

In May, Ivy was released from jail after pleading guilty to federal gun charges. He will be sentenced for that crime next month.

A condition of his release is that Ivy would not violate federal, state or local law while on release, and attempted capital murder falls into that category.

These charges are similar to another one he’s facing in Randall County where Ivy is accused of hiring someone to kill his wife’s alleged boyfriend.

Ivy is at the center of a slew of other crimes here in town. You can read all about them and check out our timeline following a long Ivy’s legal troubles by clicking here.

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