Bart Reagor indicted on bank fraud charge by federal grand jury
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.
If convicted, Reagor faces up to 90 years in federal prison, and will be required to forfeit any property traceable to the alleged offense.
Prior to Reagor’s indictment, 15 of his former employees pleaded guilty to various crimes involving dummy flooring and check kitting at the Lubbock-based Reagor Dykes Auto Group.
Read more: https://www.amarillo.com/story/news/2021/04/22/bart-reagor-indicted-bank-fraud-federal-grand-jury/7339831002/
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Things have been going pretty well recently. I'm adjusting to some changes this month that are creating some paperwork for me, but things are looking up for me. 
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