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Former Reagor Dykes CFO Shane Smith sentenced for fraud

Shane Andrew Smith, the final defendant charged with a massive fraud scheme that caused the crash of the Reagor-Dykes Auto Group, was sentenced Thursday to seven years in prison.

International Bank of Commerce to garnish Bart Reagor s bank accounts for $23 million owed

International Bank of Commerce to garnish Bart Reagor’s bank accounts for $23 million owed IBC collecting $23 mil from RDAG By KCBD Staff | February 22, 2021 at 4:50 PM CST - Updated February 22 at 6:48 PM LUBBOCK, Texas (KCBD) - A bank that loaned millions to Bart Reagor and his bankrupt auto group is now garnishing his bank accounts. International Bank of Commerce is asking a Lubbock County Court to collect more than $23 million from four banks. It’s filed against Bart Reagor’s accounts at Lubbock National Bank, AIM Bank, Wells Fargo and Prosperity bank. In the request, IBC cited an April 2020 judgment against financial portions of the Reagor-Dykes Auto Group and Bart Reagor.

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