Southlake energy consultant found guilty in bank fraud case

Posted Thursday, Feb. 07, 2013  comments  Print Reprints
A

Have more to add? News tip? Tell us

Southlake energy consultant Jason Dvorin, 44, son of Dallas wildcatter Sanford Dvorin, has been convicted of bank fraud involving more than $300,000, the U.S. attorney's office in Dallas disclosed Wednesday.

Dvorin, who faces a maximum punishment of 30 years in prison and a $1 million fine, is free on bond pending a July 11 sentencing hearing, the U.S. Attorney's office said. Sanford Dvorin said his son would probably appeal.

Dvorin conspired with Chris Derrington, vice president of Pavillion Bank's Richardson branch, to cash bogus checks, which were then covered with a series of more than 200 more fraudulent deposits, prosecutors said in a news release. They said the 61-year-old Derrington has pleaded guilty and faces sentencing in May.

"Dvorin would bring in worthless credit card checks, or checks drawn on a closed account, and present them to Derrington for deposit," the news release said. "Knowing the checks were worthless, Derrington gave Dvorin immediate access to the bank's funds. As soon as one worthless check was returned, Dvorin would deposit another worthless check.

"This pattern continued over the course of five years and resulted in 224 fraudulent deposits by Dvorin and Derrington," it added. "By the time the scheme was uncovered, Pavillion Bank sustained a loss in excess of $300,000."

Dvorin's attorney, Elliot Samuels of Chicago, expressed disappointment over the guilty verdict. He noted that Derrington testified against his client as part of a plea agreement, but that no evidence of any illicit payments between Dvorin and Derrington was cited.

"Show me a conspiracy without bribes or kickbacks in it and I'd like to see another one," said Samuels.

The jury, he said, simply did not buy Dvorin's assertion that he had borrowed, and repaid, hundreds of thousands of dollars in loans over the years to Pavillion Bank, where he had been a longtime customer.

Samuels noted that Dvorin, who is about to turn 45, has been active in community affairs in the Southlake-Grapevine area.

The FBI and the FDIC Office of Inspector General carried out the investigation, U.S. Attorney Sarah R. Saldaña's news release said.

Sanford and Jason Dvorin have been active in the Barnett Shale, bringing in a natural gas well using fracking in Coppell in 1995. Barry Shlachter, 817-390-7718

Twitter: @bshlachter

Looking for comments?

We welcome your comments on this story, but please be civil. Do not use profanity, hate speech, threats, personal abuse, images, internet links or any device to draw undue attention. Our policy requires those wishing to post here to use their real identity.

Our commenting policy | Facebook commenting FAQ | Why Facebook?