On Wednesday, Reagor-Dykes filed a document claiming that Vista Bank President John Steinmetz was helping former Reagor-Dykes CFO Shane Smith with fraud.
The United States Trustee Program, a component of the US Department of Justice, has asked a judge to convert the Reagor-Dykes bankruptcy case from reorganization to liquidation.
Shane Smith, former Chief Financial Officer of Reagor-Dykes, accepted a plea deal Tuesday afternoon after being charged with conspiracy to commit wire fraud by prosecutors in Amarillo.
Bart Reagor and Rick Dykes have been sued by Stephen C. Fyffe, the original owner of Oden Chevrolet in Floydada, for around $94,000 in State District Court.