Mandan: Kelly Anthony Glatt Sentenced for Bank Fraud

Mandan: Kelly Anthony Glatt Sentenced for Bank Fraud

Mandan, ND, Man, Kelly Anthony Glatt Sentenced to 4 years in Federal Prison for Bank Fraud and Interstate Transportation of Stolen Livestock

Bismarck (STL.News) Acting United States Attorney Nicholas W. Chase announced, on April 6, 2021, United States District Judge Daniel M. Traynor sentenced Kelly Anthony Glatt, age 39, of Mandan, ND, for the offenses of Bank Fraud and Interstate Transportation of Stolen Livestock.  On October 13, 2020, after a multi-day trial, a federal jury found Glatt guilty of these offenses.  The jury found Glatt not guilty of a single count of Interstate Sale of Stolen Livestock.  Judge Traynor sentenced Glatt to serve 48 months’ imprisonment on the Bank Fraud charge and 36 months’ imprisonment on the Interstate Transportation of Stolen Livestock charge to run concurrent with one another; serve a three year term of supervised release on both counts to run concurrent with one another; pay $1,839,846.30 in restitution; and pay a $200 special assessment.

On February 20, 2014, Glatt, a rancher, took out a loan from a North Dakota financial institution in the amount of $1,500,000 to purchase cattle and livestock-related supplies.  The financial institution obtained a security interest in the cattle, which were left in Glatt’s custody. 

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