Ashley Nicole Dunn, a former employee of Reagor-Dykes, has pleaded guilty in federal court.

Dunn admitted to conspiracy to commit bank fraud and will be sentenced at a later date to no more than 5 years in prison. She will also be held responsible for restitution.

KAMC News reports that she and others were involved in an extensive check-kiting scheme that involved at least 19 accounts located at several banks. Dunn's admission of guilt said that banks lost more than $23 million in the scheme.

Dunn is the 9th former employee of RD to plead guilty so far.

Reagor-Dykes filed for bankruptcy back in August of 2018 after Ford Motor Company accused the company of fraud and default.

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