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Steven McGuire, Bank Fraud, Oklahoma 1999

17-Year Fugitive Sentenced to Federal Prison

Steven McGuire, a former Tulsa resident, has finally faced justice after 17 years on the run. The 54-year-old was sentenced to six months in federal prison for violating the terms of his supervised release stemming from a 1999 bank fraud conviction.

On Oct. 27, 1999, McGuire was sentenced for the crime of bank fraud. The defendant, who at the time did not have a previous criminal record, was sentenced to six months of home detention with electronic monitoring to be followed by three years of supervised release. He was also ordered to pay restitution to the bank in the amount of $19,747.79.

However, McGuire violated the terms of his supervised release in 2002 by committing bank fraud again. He fled Oklahoma, leaving behind an abandoned residence, a returned leased vehicle, and disconnected telephone accounts. He remained a fugitive until his arrest in February 2019.

During his time as a fugitive, McGuire lived under an assumed identity near Henderson, Nevada. He was eventually caught after a routine stop for a traffic violation in February 2019. When he provided identification to the officer, it was discovered to be false, and a lengthy foot pursuit and violent struggle ensued before he was taken into custody.

McGuire’s initial crime consisted of depositing a $25,000 temporary check into his business bank account drawn on a different bank account in McKinney, Texas, that in reality only had a balance of $100. He was sentenced on Oct. 27, 1999, for the crime of bank fraud.

McGuire’s business partner discovered that he had used the working capital to pay restitution for his crime instead of paying the expenses of the business. This left the business with a $9,000 debt. The business partner withdrew from the partnership, and McGuire began soliciting investors in violation of the Special Financial Conditions of his Supervised Release.

“Steven McGuire is a con artist. He has not changed. He has a lengthy history of avoiding responsibility as evidenced by his continued fraudulent financial activity after his initial conviction, living as a fugitive under an assumed identity, and most recently, fleeing and violently resisting police officers who were about to discover there was a warrant for his arrest,” said U.S. Attorney Trent Shores. “Justice may have been delayed for 17 years, but today justice has been served.”

Mandatory Facts:

  • Defendant: Steven McGuire
  • Criminal Charges: Bank Fraud
  • City and State: Tulsa, Oklahoma
  • Date: Oct. 27, 1999 (sentencing)
  • Sentence: Six months imprisonment and 18 months supervised release with 6 months home detention
  • Dollar Amounts: $19,747.79 (restitution) and $25,000 (temporary check)

Key Facts

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