United States of America v. Quintin Flanagin

Wichita, Kansas, criminal defense lawyer represented the Defendant charged one count of wire fraud, one count of bank fraud, one count of false statements, and one count of money laundering.

Quintin Flanagin, 45, of Colby, Kansas, was accused for defrauding clients of his accounting firm, who were also his relatives, of more than $400,000.

As a certified public accountant (CPA), Flanagin used his status as a signatory on his clients’ business account and trust account to make unauthorized transactions. Between December 2021 and August 2022, he wrote checks and initiated wire transfers totaling $409,710 to Middle Finger Ranch, a fictitious name that Flanagin connected to his personal bank account. He wrote false verbiage in the memo lines indicating the transactions to be payments for farm operations. Flanagin then used the stolen money to help pay for the construction on his new home.

In October 2022, after his victims noticed discrepancies and confronted him, Flanagin took several actions to conceal his crimes including removing Middle Finger Ranch from his personal account. Federal investigators later found a note Flanagin wrote stating that prosecutors couldn’t prove who input the check for processing and that he could likely feign innocence and say his company wasn’t monitoring the account.

“The name of Mr. Flanagin’s fictitious ranch speaks for itself. After stabbing his family in the back, Flanagin lied to their faces. When the victims directly questioned him about accounting inconsistencies, he fabricated convoluted flowcharts and blamed third parties for the fraudulent checks,” said U.S. Attorney Ryan A. Kriegshauser. “In his hubris, Flanagin thought he could outsmart federal investigators and forensic accountants. He was wrong. My office will continue to use the full force of the federal government to prosecute financial crimes.”

“Mr. Flanagin was entrusted with a fiduciary duty to protect the financial interests of the victims in this case,” said Special Agent in Charge Stephen A. Cyrus of the FBI Kansas City Field Office. “Instead of acting with integrity and in the interest of his clients, the defendant used his position to personally benefit from the scheme. Today’s sentencing reiterates the severity of the case and the seriousness by which the FBI takes financial fraud schemes.”

The Kansas Bureau of Investigation (KBI) and the Federal Bureau of Investigation (FBI) investigated the case.

Assistant U.S. Attorney Katie Andrusak prosecuted the case.

The Defendant elected to plead guilty and was sentenced on Counts 1, 8, 11, and 16, Defendant sentenced to a total imprisonment term of 48 months and must pay a total $400 assessment and $50,972.33 total restitution.