Veterinarian is sentenced
in bank fraud
A veterinarian in Cordell has been sentenced to a year and a day in prison for bank fraud. U.S. Attorney Sanford Coats said David Sturgeon, 63, was sentenced Tuesday in federal court in Oklahoma City. Sturgeon had pleaded guilty in March to making false statements in order to obtain bank loans. Sturgeon admitted that he secured loans to allegedly purchase cattle, but instead used the money to pay margin calls to a commodities trading account with a Chicago firm. Sturgeon also was ordered to pay nearly $893,000 in restitution.