Southlake man gets 2 years for bank fraud conviction

Posted Thursday, Jul. 11, 2013  comments  Print Reprints

Have more to add? News tip? Tell us

A 45-year-old Southlake energy consultant was sentenced Thursday to two years in federal prison for conspiring with a Richardson bank vice president in a bank fraud scheme that netted more than $300,000.

Jason Dvorin must also pay more than $111,000 in restitution, U.S. District Judge Reed C. O’Connor ordered during the sentencing hearing in Dallas, according to a news release from the U.S. attorney’s office.

Dvorin was convicted in February of one count of conspiracy to commit bank fraud.

According to the news release, Dvorin had entered into an agreement with Chris Derrington, vice president of the Pavillion Bank at 1200 W. Campbell Road in Richardson, to deposit worthless checks in return for immediate access to the bank’s funds.

When the worthless check was returned, Dvorin would deposit another check.

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

Dvorin, the son of Dallas wildcatter Sanford Dvorin, had asserted that over the years, he borrowed and repaid hundreds of thousands of dollars in loans to the bank, where he was a longtime customer, his attorney told the Star-Telegram in an article about his conviction.

Derrington, 61, of Dallas, pleaded guilty in May 2012 to the same charge. As part of a plea agreement, he was sentenced in March to five years’ probation and ordered to pay more that $778,000 in restitution.

Dvorin must surrender to the Bureau of Prisons on Sept. 12, the judge ordered.

Sanford and Jason Dvorin have been active in the Barnett Shale, bringing in a natural gas well using fracking in Coppell in 1995.

Deanna Boyd, 817-390-7655 Twitter: @deannaboyd

Looking for comments?

We welcome your comments on this story, but please be civil. Do not use profanity, hate speech, threats, personal abuse 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?