Bart Reagor seeks acquittal two months after jury finds him guilty of lying to bank
Bart Reagor is renewing his challenge against the federal case against him two months after a jury in Amarillo found him guilty of making a false statement to a bank that gave him a $10 million business loan.
Reagor is set to appear on Feb. 24 before a federal judge in Amarillo for a sentencing hearing after a jury's Oct. 15 verdict finding him guilty of making a false statement to a bank. The offense carries a punishment of up to 30 years in prison.
Reagor was initially charged with two counts of wire fraud and one count of making a false statement to a bank and jurors only found him guilty of making a false statement to International Bank of Commerce.
However, Reagor's attorneys, in a Dec. 13 motion, is asking the court to ignore the jury's verdict and acquit him or give him a new trial. The verdict came after jurors deliberated for a day and 1/2 and indicated three times they were deadlocked.
Read more: https://www.lubbockonline.com/story/news/courts/2021/12/29/bart-reagor-seek-acquittal-continues-defense-after-federal-conviction/9036052002/
Bart Reagor was one of the owners of the Reagor-Dykes Auto Group in Lubbock. His employees were involved in a fraudulent scheme that bilked Ford Motor Group out of more than $50 million.