Sioux Falls Man Indicted on Charge of Bank Fraud

U.S. Attorney Brendan V. Johnson announced that a Sioux Falls man has been indicted by a federal grand jury for bank fraud.

Vivian Mason, age 34, was indicted by a federal grand jury on April 6, 2011, for bank fraud. He appeared before U.S. District Judge Lawrence L. Piersol on April 7, 2011, and pled not guilty to the indictment. The maximum penalty upon conviction is 30 years of imprisonment and five years of supervised release. The charge is merely an accusation, and Mason is presumed innocent until and unless proven guilty.

The investigation is being conducted by the Federal Bureau of Investigation. Assistant US Attorney Kevin Koliner is prosecuting the case. Mason was released on bond pending trial. A trial date has not yet been set.