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Bart Reagor indicted on bank fraud charge by federal grand jury
Staff reports
Reagor Dykes Auto Group owner Bart Reagor has been charged with lying about using business loans for personal expenses, accused of diverting more than $1.7 million to personal bank accounts after it had been loaned to the now defunct RDAG.
On Thursday, a federal grand jury indicted Reagor, 55, on two counts of bank fraud and one count of making false statements to a bank insured by the FDIC, Acting U.S. Attorney for the Northern District of Texas Prerak Shah announced in a news release.
He will make his initial appearance before U.S. Magistrate Judge Lee Ann Reno at 2 p.m. Monday in Amarillo federal court.
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Bart Reagor federally indicted for bank fraud, faces up to 90 years if convicted Jury decides Bart Reagor personally owes more than $53 million to Ford Motor Credit. (Source: KCBD NewsChannel 11) By KCBD Staff | April 22, 2021 at 2:17 PM CDT - Updated April 22 at 3:40 PM
LUBBOCK, Texas (KCBD) - Bart Reagor, Reagor-Dykes Auto Group owner, has been officially charged with lying about using business loans for personal expenses.
A federal grand jury indicted Bart Wade Reagor, 55, on two counts of bank fraud and one count of making false statements to a bank insured by the FDIC.
He will make his initial appearance before U.S. Magistrate Judge Lee Ann Reno in Amarillo on Monday at 2 p.m.
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