AMARILLO, Texas (KAMR/KCIT) — Two more Reagor Dykes employees have pleaded guilty.
Pepper Laray Rickman, 47, and Sherri Lynn Wood, 53, pleaded guilty to Conspiracy to Commit Wire Fraud on Friday.
According to court documents, Rickman and Wood admitted the auto group participated in a fraudulent floor plan fraud scheme.
Rickman and Wood each face up to five years in federal prison and may be required to pay at least $27 million in restitution.
Related:
- Timeline of the Reagor Dykes vs. Ford Lawsuit
- Two more Reagor-Dykes employees plead guilty
- Two Reagor Dykes employees plead guilty to bank fraud conspiracy
- Bank sues Ford in Lubbock related to Reagor Dykes fraud allegations
