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Arkansas Attorney Pleads Guilty to $47 Million Bank Fraud Scheme

August 4, 2011
Total Loss: $47 Million

Kevin Harold Lewis, of Little Rock, Arkansas, pleaded guilty today to one count of bank fraud, announced Christopher R. Thyer, U.S. Attorney for the Eastern District of Arkansas, and Valerie Parlave, Special Agent in Charge of the Little Rock Field Office of the FBI.

According to court documents, until around October 2010, Lewis, 43, a licensed attorney in the state of Arkansas, operated several businesses throughout the state in addition to running his law practice. Lewis primarily concentrated on developing property owners’ improvement districts and issuing special assessment bonds to fund these districts. These assessment bonds are also known as special improvement district bonds.

Source: FBI
Posted in: Deposit Account Fraud