Informational: Federal Court Arraignments
The United States Attorney's Office announced that during a federal court session in Great Falls, on February 23, 2012, before U.S. Magistrate Judge Keith Strong, the following individuals were arraigned:
STEVEN LLOYD KNUDSEN, a 50-year-old resident of Malta, appeared on several counts of bank fraud and bankruptcy fraud. He is currently released on special conditions. If convicted of these charges, KNUDSEN faces possible penalties of 30 years in prison, a $1,000,000 fine and 5 years supervised release on each of several counts of bank fraud as well as possible penalties of 5 years in prison, a $250,000 fine and 3 years supervised release on each of several counts of bankruptcy fraud. Assistant U.S. Attorney Carl E. Rostad is the prosecutor for the United States. The investigation was conducted by the U.S. Department of Agriculture - Office of Inspector General.
SHANNA ONA RUNNING CRANE, a 19-year-old resident of Browning, appeared on a charge of making false statements. She is currently released on special conditions. If convicted of this charge, RUNNING CRANE faces possible penalties of 5 years in prison, a $5,000 fine and 5 years supervised release. Assistant U.S. Attorney Laura B. Weiss is the prosecutor for the United States. The investigation was conducted by the Federal Bureau of Investigation.
The defendants pled not guilty to the charges.
The charge, an indictment, information or complaint, is merely an accusation and all persons named as defendants are presumed innocent until proven guilty. A pre-trial conference and a trial date will be set and the United States will be required to prove the allegations set forth in the indictment beyond a reasonable doubt.