Former RDAG Floydada employee sentenced for role in floor plan fraud amarillo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from amarillo.com Daily Mail and Mail on Sunday newspapers.
12 former Reagor-Dykes employees sentenced to prison, ordered to pay restitution
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LUBBOCK, Texas (KCBD) - Twelve of the 15 former Reagor-Dykes Auto Group employees have now been sentenced to serve time in prison and are required to pay restitution monthly.
The latest, Ashley Nicole Dunn, was sentenced on May 25 to 30 months in federal prison and ordered to pay $19,335,901.10 in restitution; she is to self-report on July 12, 2021.
On April 22, 2021, Bart Reagor, 55, was indicted by a federal grand jury on charges of bank fraud. If convicted, he faces up to 90 years in federal prison, and will be required to forfeit any property traceable to the offense.
Sentencings for former Reagor-Dykes Auto Group employees set to begin Tuesday Reagor-Dykes Auto Group logo (Source: (KCBD)) By Amber Stegall | May 3, 2021 at 5:06 PM CDT - Updated May 3 at 5:28 PM
LUBBOCK, Texas (KCBD) - Fifteen former Reagor-Dykes Auto Group employees have pleaded guilty to various crimes involving âdummy flooringâ and check kitting at the fallen auto giant. The first sentencings are set to happen on May 4, 2021 in Amarillo. The last will happen on July 27, 2021.
On April 22, 2021, Bart Reagor, 55, was indicted by a federal grand jury on charges of bank fraud. If convicted, he faces up to 90 years in federal prison, and will be required to forfeit any property traceable to the offense.
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.
Sentencing dates set for 15 Reagor-Dykes employees Reagor-Dykes Auto Group Logo (Source: KCBD) By KCBD Staff | April 22, 2021 at 2:57 PM CDT - Updated April 22 at 2:57 PM
LUBBOCK, Texas (KCBD) - On Thursday, Bart Reagor, 55, was indicted by a federal grand jury on charges of bank fraud. Prior to Mr. Reagorâs indictment, 15 of his employees pleaded guilty to various crimes involving dummy flooring and check kitting at Reagor-Dykes.
The first sentencings are set to happen on May 4, 2021. The last will happen on July 27, 2021.
There was one additional person who pleaded guilty in February 2021. Steven Reinhart, RDAG Legal Compliance Director, who pleaded guilty in February 2021 to misprision of a felony.