Department of Justice
U.S. Attorney’s Office
Western District of Arkansas
FOR IMMEDIATE RELEASE
Thursday, January 28, 2016
Former Arvest Bank Executive Sentenced to Over Eight Years in Federal Prison for Bank Fraud
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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