June 5, 2007
Rapid City, South Dakota
United States Attorney Marty J. Jackley announced today that Aigner Alon Angel of Las Vegas appeared before U.S. Magistrate Judge Marshall P. Young in federal court and pled not guilty to a charge of b ank fraud. Following an investigation conducted by the FBI, ATF and DCI, Angel, 23, was indicted by a federal grand jury that met in April 2007. The maximum penalty upon conviction is thirty years imprisonment and/or a $1,000,000 fine. Jackley said the charge relate to incidents that occurred in November 2006 near Rapid City and Sioux Falls when Angel, while working with another, schemed to defraud three banks of large sums of money. This charge is merely an accusation and the defendant is presumed innocent until and unless proven guilty. Assistant United States Attorney Robert A. Mandel is prosecuting the case. No date has been set for trial. ###
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