Springfield father, son plead guilty in fraud scheme

3 years 10 months 4 weeks ago Wednesday, July 22 2015 Jul 22, 2015 Wednesday, July 22, 2015 12:27:00 PM CDT July 22, 2015 in News
By: The Associated Press

SPRINGFIELD (AP) - A southwest Missouri restaurant owner has pleaded guilty to federal charges stemming from defrauding banks out of more than $5.5 million in commercial loans.

Federal prosecutors in Kansas City said Wednesday 68-year-old Bruce Swisshelm of Battlefield, pleaded guilty to bank fraud and money laundering. His son, 43-year-old Bruce Swisshelm II, of Springfield, pleaded guilty to misprision of a felony.

The elder Swisshelm was the owner of Horned Frog Deli, Inc., and Swisshelm Properties, which specialized in the restaurant industry and owned several Springfield area restaurants.

Prosecutors said Swisshelm admitted submitting false financial documents in 2011 to a bank for nearly $5.6 million in commercial loans. His son admitted that he knew about his father's bank fraud scheme.

Sentencing hadn't been set Wednesday.

 

More News

Grid
List
LAURIE - Cleanup is underway at the Westlake Aquatic Center after a 93-year-old woman crashed through the building and into... More >>
1 hour ago Wednesday, June 19 2019 Jun 19, 2019 Wednesday, June 19, 2019 5:05:00 PM CDT June 19, 2019 in News
COLUMBIA - PedNet Coalition will host a community bike ride memorial service in honor of the late Darwin Hindman on... More >>
1 hour ago Wednesday, June 19 2019 Jun 19, 2019 Wednesday, June 19, 2019 4:44:00 PM CDT June 19, 2019 in News
FULTON - Former Secretary of State Madeleine Albright will lecture at Weminster College in the fall. Her presentation will... More >>
2 hours ago Wednesday, June 19 2019 Jun 19, 2019 Wednesday, June 19, 2019 3:11:00 PM CDT June 19, 2019 in News
COLUMBIA - Cooper's Landing is projected to partially reopen in time to celebrate July 4th. Flood clean up efforts are... More >>
4 hours ago Wednesday, June 19 2019 Jun 19, 2019 Wednesday, June 19, 2019 1:28:00 PM CDT June 19, 2019 in News
ST. LOUIS (AP) — A suburban St. Louis man is accused of threatening to shoot and kill "every gay person"... More >>
7 hours ago Wednesday, June 19 2019 Jun 19, 2019 Wednesday, June 19, 2019 10:45:00 AM CDT June 19, 2019 in News
BENTON, Mo. (AP) — A southeast Missouri sheriff has fired a deputy who is running against him for sheriff next... More >>
7 hours ago Wednesday, June 19 2019 Jun 19, 2019 Wednesday, June 19, 2019 10:36:14 AM CDT June 19, 2019 in News
SEDALIA, Mo. (AP) — A 29-year-old Missouri man has been sentenced in the stabbing death of a woman in Sedalia.... More >>
9 hours ago Wednesday, June 19 2019 Jun 19, 2019 Wednesday, June 19, 2019 8:17:00 AM CDT June 19, 2019 in News
ST. LOUIS (AP) — Authorities say a woman was trapped in a St. Louis jail stairwell for more than two... More >>
10 hours ago Wednesday, June 19 2019 Jun 19, 2019 Wednesday, June 19, 2019 8:04:46 AM CDT June 19, 2019 in News
BRUNSWICK - SEMA returned to Brunswick today to continue its training for flood damage assessment. KOMU spoke with multiple... More >>
18 hours ago Tuesday, June 18 2019 Jun 18, 2019 Tuesday, June 18, 2019 11:48:00 PM CDT June 18, 2019 in News
HOLTS SUMMIT - Chris Redel is the new Ward 2 Alderman for Holts Summit. The initial election took place... More >>
18 hours ago Tuesday, June 18 2019 Jun 18, 2019 Tuesday, June 18, 2019 11:26:00 PM CDT June 18, 2019 in News
MID-MISSOURI - One child, 11 months old, died in Calverton Park, near St. Louis, on June 2, 2019. The temperature... More >>
20 hours ago Tuesday, June 18 2019 Jun 18, 2019 Tuesday, June 18, 2019 10:07:00 PM CDT June 18, 2019 in Weather
CAMDENTON - The cause of a house fire is under investigation after crews battled flames in Camdenton Tuesday morning. ... More >>
21 hours ago Tuesday, June 18 2019 Jun 18, 2019 Tuesday, June 18, 2019 8:52:00 PM CDT June 18, 2019 in News
COLUMBIA - A cash reward has been increased for anyone with information on an injured three-month-old pit bull in St.... More >>
22 hours ago Tuesday, June 18 2019 Jun 18, 2019 Tuesday, June 18, 2019 7:13:00 PM CDT June 18, 2019 in News
COLUMBIA - A research summit on disaster relief and recovery comes at a "fortuitous time," according to one of the... More >>
23 hours ago Tuesday, June 18 2019 Jun 18, 2019 Tuesday, June 18, 2019 6:17:00 PM CDT June 18, 2019 in News
KANSAS CITY - Police are searching for two people after discovering graffiti on the National World War I Museum and... More >>
1 day ago Tuesday, June 18 2019 Jun 18, 2019 Tuesday, June 18, 2019 5:25:00 PM CDT June 18, 2019 in News
COLUMBIA – A major river crossing in Howard County opened Tuesday as flood waters receded. The Missouri Department of... More >>
1 day ago Tuesday, June 18 2019 Jun 18, 2019 Tuesday, June 18, 2019 4:38:00 PM CDT June 18, 2019 in News
LAURIE - A 93-year-old woman told police she blacked out before driving through the front door and into the pool... More >>
1 day ago Tuesday, June 18 2019 Jun 18, 2019 Tuesday, June 18, 2019 4:27:00 PM CDT June 18, 2019 in News
COLUMBIA - The organizer of a water gun fight says he wants to address a serious issue in a fun... More >>
1 day ago Tuesday, June 18 2019 Jun 18, 2019 Tuesday, June 18, 2019 3:58:00 PM CDT June 18, 2019 in News
Columbia, MO
Broken Clouds 76°
7pm 74°
8pm 71°
9pm 70°
10pm 68°