Tulsa, Oa.  – A Tulsa man entered a guilty plea today for defrauding a bank of nearly $5 million and to bankruptcy fraud, announced U.S. Attorney Trent Shores.

Zealand Benjamin Thigpen Iii, 68, pleaded guilty in U.S. District Court to defrauding Arvest Bank of $4,754,488 from 2015 to 2017.

As part of his scheme, Thigpen owned and operated Julimar Trading, LLC., which bought and sold refined metal alloys, principally for the production of steel.

Continue reading Oklahoma News: Tulsa, Zealand Benjamin Thigpen III Pleads Guilty to Defrauding Bank and Small Business Administration of Millions at STL.News.