LUBBOCK, Texas (KCBD) – Bart Reagor’s request for acquittal or new trial on his conviction for false statement to a bank has been officially denied by a judge.

According to court documents filed Thursday, U.S. District Judge Matthew Kacsmaryk found exhibits and testimony presented, “are sufficient evidence for a rational jury” to conclude Reagor was guilty of making a false statement to the International Bank of Commerce regarding more than $1.7 million in “owner distributions” from a $10 million working capital loan, intended for Reagor-Dykes Auto Group.

In the October trial, a jury found Reagor not guilty on two counts of bank fraud, but guilty on one count of false statement to a bank.

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