Federal prosecutions continue during funding lapse; sentences handed down in financial crime cases

Federal prosecutions continue during funding lapse; sentences handed down in financial crime cases

During a lapse in federal funding, the U.S. Attorney’s Office for the Western District of Oklahoma continued its work to address financial crimes, resulting in several sentencings for fraud and related offenses.

Aaron D. Johnson, 43, of Oklahoma City, received a six-month federal prison sentence followed by 12 months of home confinement and 24 months of supervised release. He was also ordered to pay $102,069.44 in restitution and a $100,000 fine for bank fraud. According to public records, Johnson served as President and CEO of Farmers Bank from September 2017 through at least November 6, 2018. During this time, he used the bank’s operating account for personal expenses, causing an overdraft of about $200,000. Johnson then approved a modification to a loan without board approval and advanced $200,000 on the loan to cover the overdraft he created.

Deonte Montrell Hornsby, 28, also from Oklahoma City, was sentenced to 21 months in federal prison with five years of supervised release for conspiracy to commit bank fraud and possession of stolen mail. Public records show that between December 2024 and April 2025, Hornsby used a stolen United States Postal Service key to steal mail from deposit boxes in Oklahoma City. He altered checks found in the stolen mail and deposited them into accounts owned by co-conspirators to withdraw cash from banks. The total losses attributed to Hornsby and his co-conspirators amounted to $72,727.96.

Rahbin Joseph Ward, 27, of Oklahoma City, received a sentence of one year and one day in federal prison followed by three years of supervised release and was ordered to pay $53,960 in restitution for conspiracy to commit bank fraud. Public records indicate that between May 2023 and June 2023 Ward and others obtained checks from stolen mail, altered them fraudulently, and deposited them into Ward’s personal account.

“These cases are the result of investigations by the Federal Deposit Insurance Corporation Office of the Inspector General (FDIC-OIG) and the United States Postal Inspection Service,” according to the press release. “Assistant U.S. Attorneys Julia E. Barry and Jackson D. Eldridge prosecuted the cases.”

Reference is made to public filings for additional information.