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Failed Enloe State Bank president to serve 8 years for arson, conspiracy to commit fraud

SHERMAN — The failed Enloe State Bank’s former president is sentenced to serve eight years in a federal prison following her guilty plea on conspiracy to commit bank fraud and arson charges. The sentencing of Anita Gail Moody, 57, of Cooper, by U.S. District Judge Amos L. Mazzant III was announced late Tuesday afternoon by Acting U.S. Attorney Nicholas J. Ganjei. Moody was sentenced earlier Tuesday on the charges she pleaded guilty to on June 5, 2020. Moody also agreed to pay more than $11.13 million in restitution, Ganjei said. Moody was president of Enloe State Bank in Cooper on May 11, 2019, when the bank suffered a fire investigators later determined to be arson, court documents state. The fire was contained to the bank’s boardroom, however, the entire bank suffered smoke damage. An investigation determined several files had been purposefully stacked on the boardroom table, and all were burned in the blaze.

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