Description: Tulsa, Oklahoma criminal defense lawyer represented the Defendant charged with bank fraud.

Shane Michael Hannaford, 41, was indicted for ten separate counts of bank fraud covering various fraudulent conduct. On Apr. 15, 2022, Hannaford plead guilty to one count of bank fraud and agreed to pay restitution for the entirety of his criminal conduct. As to the one count conviction, Hannaford admitted that he owned and controlled Hannaford Development Group (HDG). Operating under HDG, Hannaford entered into a verbal and written agreement with a lending company to finance construction costs for a church located in Bartlesville, Oklahoma. Hannaford admitted to fraudulently representing to the lender that he intended to repay the monies borrowed, which was false.

Hannaford was permitted to remain on bond and voluntarily surrender to a U.S. Bureau of Prisons facility.

The FBI investigated the case. Assistant U.S. Attorneys David D. Whipple prosecuted the case.

18:1344: Bank Fraud; 18:982(a)(2) - Bank Fraud Forfeiture
(3)

Outcome: Defendant was sentenced to 33 months in prison followed by five years of supervised release and was ordered to pay more than $800,000 in total restitution to eleven victims.

Plaintiff's Experts:

Defendant's Experts:

Comments: