Jury convicts Lenexa man of federal loan fraud

KANSAS CITY, KAN. - A federal jury convicted a Kansas businessman of submitting false information on applications to secure loans from the Small Business Administration (SBA). The SBA is a federal government agency that provides support to entrepreneurs and small businesses.

According to court documents and evidence presented at trial, Scott W. Anderson, 53, of Lenexa was found guilty of four counts of false statement in a loan application, four counts of wire fraud, and six counts of aggravated identity theft.

Anderson was part owner of Riley Drive, a company that operated restaurants in Kansas and Iowa. In 2018 and 2019, Anderson applied for separate loans from SBA on behalf of Riley Drive. At the time Anderson submitted the applications the company was a defendant in civil lawsuits. Anderson falsely responded "no" to questions on the loan applications concerning whether he or companies he controlled were involved in any legal actions.

The SBA approved a loan to Riley Drive in March 2018 for $3,600,000. The company defaulted in June 2019, causing a loss to the SBA of $2,173,766.

Additionally, the SBA approved a loan in April 2019 for $700,000. The company defaulted on the loan in June 2019, causing a loss of $658,141.

The Small Business Administration - Office of Inspector General (SBA-OIG) and the Federal Deposit Insurance Corporation - Office of Inspector General (FDIC-OIG) are investigating the case.

Assistant U.S. Attorney Chris Oakley is prosecuting the case.

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