fraud

On Tuesday, May 4th, 3 former Reagor-Dykes Auto Group employees were sentenced for their roles in a fraud scheme that led to the eventual bankruptcy of the company in 2018.

A Coppell, Texas man claimed to own over 15 different companies in order to qualify for millions of dollars in loans from the Paycheck Protection Program.

One of the scams lures potential customers into buying fake products that claim to treat or prevent infections from the coronavirus.

The Reagor-Dykes legal team claims to have evidence that proves FirstCapital Bank actively knew about their accounts being used for financial fraud and did nothing to stop it.

A 10th former Reagor-Dykes Auto Group employee has pleaded guilty, this time to a federal fraud charge.

Ashley Nicole Dunn, a former employee of Reagor-Dykes, has pleaded guilty in federal court.

Brad William Fansler, former Group Administrative Director for Reagor-Dykes, has pleaded guilty for his role in the company's collapse.

Former Reagor-Dykes employees Pepper Laray Rickman (47) and Sherri Lynn Wood (53) have pleaded guilty to conspiracy to commit wire fraud.

Shane Smith, former Chief Financial Officer of Reagor-Dykes, accepted a plea deal Tuesday afternoon after being charged with conspiracy to commit wire fraud by prosecutors in Amarillo.

A Lubbock woman was sentenced on Thursday by a federal court in New Mexico to 2 years in prison for wire fraud.