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United States Attorney's Office
District of South Dakota

 

Man Pleads Guilty to Bank Fraud

October 10, 2006
Rapid City, South Dakota

 

 

United States Attorney Marty J. Jackley announced that on September 27, 2006, George Dreamer pleaded guilty in federal court to Bank Fraud. Dreamer of Pine Ridge appeared before U.S. District Judge Richard H. Battey and pleaded guilty to the original indictment which was returned following an investigation conducted by the Federal Bureau of Investigation. The maximum penalty upon conviction is 30 years imprisonment and/or a $1,000,000 fine. Jackley said 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 knowing no bank funds were available in the account. The case was prosecuted by Assistant United States Attorney Gregg S. Peterman. A presentence investigation was ordered and a sentencing date has been set for December 5, 2006.

 

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