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Justice News

Department of Justice
U.S. Attorney’s Office
Eastern District of Oklahoma

FOR IMMEDIATE RELEASE
Wednesday, October 21, 2015

Durant Man Pleads Guilty To Bank Theft, Embezzlement And Misapplication

MUSKOGEE, OKLAHOMA - The United States Attorney’s Office for the Eastern District of Oklahoma, announced that LONNIE DALE JOHNSON, age 58, of Durant, Oklahoma, pled guilty to an Information charging him with BANK THEFT, EMBEZZLEMENT & MISAPPLICATION, in violation of Title 18, United States Code, Section 656.

The charges arose from an investigation by Federal Bureau of Investigation.

The Information alleged that from in or about 2005, the exact date unknown, until on or about May 28, 2015, in the Eastern District of Oklahoma, the defendant, being an officer, director, agent, or employee of, or connected in a capacity with, First Texoma National Bank of Durant, Oklahoma, a bank whose deposits are insured by the Federal Deposit Insurance Corporation, with intent to injure and defraud the said First Texoma National Bank of Durant, Oklahoma, willfully misapplied, embezzled, abstracted, and purloined more than $1,000.00 of the moneys, funds, assets or securities entrusted to the custody or care of First Texoma National Bank of Durant, Oklahoma, in that the defendant withdrew cash from the vault of the bank and misapplied, embezzled, abstracted and purloined the funds for his own use or benefit.

The Honorable Kimberly E. West, Magistrate Judge in the United States District Court for the Eastern District of Oklahoma, accepted the defendant’s guilty plea, and ordered the completion of a presentence report.  Sentencing will be scheduled upon its completion.  The defendant will remain on bond pending sentencing.

The statutory range of punishment is not more than 30 years imprisonment, a fine of up to $1,000,000.00 or both.

Assistant United States Attorney Rob Wallace represented the United States.

Topic(s): 
Financial Fraud
Updated February 4, 2016