Oklahoma Contractor Indicted for Fraud

admin —  June 4, 2009 — 10 Comments

Kirby Lynn Kyles, 49, Oklahoma City, Oklahoma has been charged with bankruptcy fraud, money laundering and loan fraud.

According to the Indictment, Kyles owned and operated Metro Builders, Inc., a home construction business which filed bankruptcy in 2007 (In re: Metro Builders, Inc., Case No. 07-12390-BH, W.D. Oklahoma). It is alleged that in the bankruptcy proceeding, Kyles falsely represented that he had not transferred property within two years immediately preceding the commencement of the bankruptcy case when he knew he had so transferred over $500,000 of money belonging to Metro Builders to his own personal bank account. It is also alleged that Kyles fraudulently transferred two parcels of real property belonging to Metro Builders located in Moore, Oklahoma, to a relative. The indictment alleges that Kyles laundered the deposit of $13,787.32 derived from bankruptcy fraud into an account in the name of Kirby Kyles Trucking LLC at First Fidelity Bank. Lastly, it is alleged that Kyles submitted false tax return information concerning his 2003 personal taxes in connection with a series of loan applications with Kirkpatrick Bank. The indictment also seeks forfeiture of $1,314,729, representing the amount of proceeds obtained as a result of the offense.

If convicted, Kyles faces up to five years in prison and a fine of $250,000 on bankruptcy fraud counts, up to 10 years and a fine of $250,000 on the money laundering charge, up to 30 years and a fine of $1,000,000 on the loan fraud charge.

John C. Richter, United States Attorney for the Western District of Oklahoma, made the announcement.

These charges are the result of an investigation conducted by the Federal Bureau of Investigation and the Criminal Investigation Division of the Internal Revenue Service. The case is being prosecuted by Assistant U.S. Attorney Susan Dickerson Cox.

The public is reminded that the indictment is merely an accusation and that the defendants are presumed innocent unless and until proven guilty. Reference is made to the indictment for further information.

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10 responses to Oklahoma Contractor Indicted for Fraud

  1. concernedcitizen May 10, 2013 at 6:57 pm

    Kirby Kyles is getting out of federal prison and will return to the Mustang, OK area on May 13, 2013. He will undoubtedly be scheming on how to defraud more people. He is a very devious person with no conscious. Please spread the word so that no more people are taken advantage of from this worm..

  2. my dad worked for him and he got ripped off about $20,000 and i know where all his trucks are.

  3. i guess i was one of the lucky ones.kirby built me a great house and lived there 3 years and made 25,00 when i sold it. sorry for the ones who lost out

  4. KK reports to US Marshall 7/9 for 46 month sentence. Maybe we can all breath a little easier for a few years.

  5. How do we follow up on his indictment? i have been doing some searches but can’t find anything. thanks.

  6. Kirby got a delay in his December hearing this man knows how to work the system and he is good at it. he wrote a hot check to the Oklahoma Tax commision for over $8000.00 but he doesn’t care who he hurts. The FBI & the state of Oklahoma need to lock him up but it won’t happen. he will just get delay after delay.

  7. Kirby has a seedy past. He’s already served 5 years on drug charges. He’s a scam artist that has money hid in several places, and I would bet his mother has her hand in everything.

  8. Couldn’t happen to a more deserving guy! We purchased our house from Kirby Kyles April 2006. Many, many problems & lots of additional money spent including an entire new roof, cabinet problems, septic problems ….the list goes on. Our attorney advised we could sue, but would just be standing in line and never recover a dime! Lucky Us!!
    We have acquaintances that lost 10’s of thousands of $$ they paid for lots to build that was lost in bankruptcy.
    We will never recover the $$ spent and anguish we’ve gone through.

  9. I live in OK presently, and had a construction defect case w/a different builder, a few years ago. I didn’t realize it was such a widespread problem until I started researching the issue for my case. In that research I found plenty of instances around the country of builders being accused of fraud. Trials take years, and even if the person wins, the pattern seemed to be the same–they lost money and their good credit waiting for monetary recovery that maybe never came. The problem was outrageous and I found that consumer groups made of homeowners w/the same problems often had some of the best information. My favorite is hadd.com and there is another one based in TX but still has lots of info, too, hobb.org. I hope that the home buyer who used this builder can recover his losses, or should I say recover FROM his losses, if nothing else.

  10. Jesse Hollowell June 5, 2009 at 7:39 pm

    I bought a house from Kriby Kyles on Dec 31, 2008 and I believe it is one of the 2 houses located in Moore the article is discussing. Kirby actually owes us money and services on the house. Should I contact anyone in the legal field regarding this? Also, what does this do to my 1 year home warranty, not that he would have done anything anyway? We were on the verge of taking him to small claims court but I now see why our threats didn’t mean anything to him. Any help would be appreciated.

    Jesse Hollowell

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