Man Indicted for Bank Fraud

United States Attorney Marty J. Jackley announced today that on August 3, 2006, Arley Dreamer of Oglala was sentenced by U.S. District Judge Andrew W. Bogue to 24 months' imprisonment, three years' supervised release, and ordered to pay $6,450.56 in restitution, and $100 to the Victim's Assistance Fund. Dreamer was originally indicted by a federal grand jury in March 2006 for bank fraud following an investigation conducted by the Federal Bureau of Investigation. The charges stem from incidents from November 2005 through December 2005 wherein Dreamer opened a bank account with a small deposit.

He then wrote numerous checks on the account to a variety of local businesses for over $6,000.00. Dreamer did this well knowing no bank funds were available in the account.

On August 3, 2006, Dreamer pleaded guilty to bank fraud. This case was prosecuted by Assistant United States Attorney Gregg S. Peterman.

 

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