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INQUIRY JX-DOJ-PR-20260731-20626687Opened AUG 21 2026Quick look

Southlake man sentenced to nine years in prison for $8 million loan fraud scheme

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Docket event
Entered on the record AUG 21 2026Occurred AUG 21 2026
On the record
Crime

No crime on the record yet.

Statutes

No statutes on the record yet.

Place
Texas

"FT WORTH, Texas — United States Attorney for the Northern District of Texas, Ryan Raybould, announced that William Thomas Engle, 68, of Southlake, Texas was sentenced to nine years in federal prison on July 30 for defrauding individuals out of more than $8 million by promising them assistance in obtaining loans for their small businesses."

Status
Sentenced

"Southlake man sentenced to nine years in prison for $8 million loan fraud scheme."

Southlake man sentenced to nine years in prison for $8 million loan fraud scheme.

"Southlake man sentenced to nine years in prison for $8 million loan fraud scheme."

Parties

No parties on the record yet.

Amounts
$8,274,980 Restitution

"The former attorney was also ordered to pay $8,274,980 in restitution and forfeit a Jeep Wrangler and several pieces of jewelry."

$8,000,000 Fraud

"Southlake man sentenced to nine years in prison for $8 million loan fraud scheme."