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Southlake News

Southlake man sentenced for $8 million loan‑fraud scheme, using stolen funds to buy a yacht and luxury items

A Southlake man who promised to secure multi‑million‑dollar loans for small‑business owners pocketed more than $8 million and used it to buy luxury items, including a yacht, prosecutors said. The scheme recently earned 68‑year‑old William Thomas Engle a 108‑month – or nine‑year – fede...

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