A former Fayetteville businessman was sentenced Thursday to 12 months in federal prison after being convicted of bank fraud earlier this year, acting U.S. Attorney Kenneth Elser said.
Andrew C. Judkins, 43, of Bixby, Okla., was found guilty on two counts of bank fraud involving A. Camp Equipment, a heavy equipment dealer, after a five-day trial in March.
In a hearing presided over by U.S. District Judge Timothy L. Brooks in Fayetteville, Judkins was also sentenced on Thursday to two years of supervised release and ordered to pay $438,500, according to a statement.
The Arkansas Democrat-Gazette previously reported that Judkins submitted a fake invoice in 2008 to First Security Bank in the amount of $500,000 for the purchase of two dump trucks. The dump trucks were purchased in 2007 for $30,000 each.
Judkins was indicted by a federal grand jury in December 2013.
The FBI investigated the case, while assistant U.S. Attorneys Kyra Jenner and Steve Snyder prosecuted the case.