Lyons Man Sentenced for Bank Fraud
For Immediate Release
U.S. Attorney's Office, District of Nebraska
United States Attorney Joe Kelly announced that Joshua Huffman, 32, a resident of Lyons, Nebraska, was sentenced today, in Omaha, Nebraska, by Senior United States District Judge Laurie Smith Camp for the crime of bank fraud. Senior Judge Smith Camp sentenced Huffman to 3 months’ imprisonment, a five-year term of supervised release, and ordered Huffman to make restitution to the United Bank of Iowa and the Washington County Bank.
During the period from December 2014 through May of 2015, the Defendant submitted a series of false and fraudulent financial statements to United Bank of Iowa in Ida Grove, Iowa, and Washington County Bank in Blair, Nebraska, to obtain loans for his farming operation. These financial statements contained false information that ultimately resulted in the loans going into default. United Bank of Iowa suffered a loss of approximately $320,000 while Washington County Bank suffered a loss of almost $14,000.
This case was investigated by the United States Postal Inspection Service and the Federal Bureau of Investigation.
Updated December 13, 2018