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Former Banker Kelly Harbert Sentenced to 30 Months

1 min read

Kelly Harbert, the former vice president of One Bank & Trust of Little Rock, was sentenced Wednesday to 30 months in federal prison and ordered to pay $441,912 in restitution to seven financial institutions.

Harbert, a prolific volunteer for nonprofit causes, had pleaded guilty in January to three counts – bank fraud, money laundering and using someone else’s Social Security number – to make fraudulent loans for her own benefit.

The sentenced handed down by U.S. District Judge Leon Holmes was below the minimum suggested by the sentencing guidelines. Harbert read an impassioned statement in which she apologized to her parents and her husband, Nathan, who lost his job at Arvest Bank and eventually left the state to find work.

She made no excuses for her crimes but asked the judge for mercy.

Harbert was ordered to report to the U.S. Marshal Service on Oct. 15 to begin serving her sentence.

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