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Press Release

Former Arvest Bank Executive Sentenced to Over Eight Years in Federal Prison for Bank Fraud

For Immediate Release
U.S. Attorney's Office, Western District of Arkansas

          Fayetteville, Arkansas – Kenneth Elser, Acting United States Attorney for the Western District of Arkansas, announced that Henry Dennis Smiley, Jr., age 52, of Rogers, Arkansas, was sentenced to 97 months in federal prison followed by two years supervised release, and ordered to pay over $4,900,000.00 restitution on one count of Bank Fraud. The Honorable P.K. Holmes, III presided over the sentencing hearing in the United States District Court in Fayetteville. Smiley pleaded guilty to the charge on August 25, 2015.

         This case was investigated by Federal Bureau of Investigation. Acting United States Attorney Kenneth Elser prosecuted the case for the United States.

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.Related court documents may be found on the Public Access to Electronic Records website @ www.pacer.gov

 

Updated January 28, 2016

Topic
Financial Fraud