Angela Renee Reneau of Oklahoma City has pled guilty to stealing from her own clients and vanishing federal tax obligations, marking the collapse of a years-long scheme rooted in real estate management betrayal. Reneau, who ran Reneau Properties, LLC, exploited trust from commercial property owners in Edmond, Oklahoma, only to funnel their rent income into her personal coffers.
Between 2010 and 2014, Reneau admitted to diverting client funds through unauthorized wire transfers, directly violating federal law. At her plea hearing before United States District Judge Vicki Miles-LaGrange, she confessed to siphoning $11,000 from the account of 750 West Covell, LLC, routing the money via Citizens Bank of Edmond through out-of-state processors. That transaction, executed without client consent, crossed state lines — sealing its status as wire fraud.
The stolen money didn’t vanish into thin air. Reneau used the funds for personal expenses, living off the profits of fraud while her clients remained in the dark. Her business, marketed as a reliable property management solution, became a front for financial theft, corroding the foundation of client trust one unauthorized transfer at a time.
In addition to the wire fraud charge, Reneau admitted to willfully failing to file a federal income tax return for 2014. That charge stands as a separate federal offense, underscoring a pattern of defiance against financial accountability. No legitimate business survives without tax compliance — Reneau’s omission wasn’t oversight, it was intentional.
Now, she faces the consequences. For the wire fraud count, Reneau risks up to 20 years in federal prison and a $250,000 fine. On the tax charge, she could serve an additional year behind bars and pay up to $100,000. A sentencing date will be scheduled in approximately 90 days.
The takedown was led by the Federal Bureau of Investigation and IRS Criminal Investigations Division, with prosecution handled by Assistant U.S. Attorney Amanda Maxfield Green. This case, out of the Western District of Oklahoma, is a stark reminder: betrayal in business is not just a breach of ethics — it’s a federal crime with prison time waiting at the end.
Related Federal Cases
- Edmond Property Manager Angela Reneau Sentenced for Wire Fraud & Tax Evasion · Oklahoma
- Madill Woman Gets Probation for Wire Fraud · Oklahoma
- Atoka Woman Gets 5 Months for Wire Fraud · Oklahoma
- Sallisaw Cybercrook Pleads Guilty to Wire Fraud and Counterfeiting · Oklahoma
- Elvin Alisurove Sentenced for Card Skimming & Wire Fraud · Washington
Key Facts
- State: Oklahoma
- Agency: DOJ USAO
- Category: Fraud & Financial Crimes
- Source: Official Source ↗
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