Missouri couple pleads guilty to bank fraud

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KANSAS CITY, Mo. (AP) _ A northwest Missouri couple pleaded guilty to a $567,000 bank fraud scheme involving construction projects in a Lee’s Summit subdivision.

Federal prosecutors say 51-year-old Dennis Key and his 49-year-old wife, Michal Ann Key, of Kingsville pleaded guilty Thursday in separate appearances.

Dennis Key owned DM & Associates, a land surveying and engineering consulting business. His wife did clerical work for the business.

Prosecutors say Dennis Key and his wife conducted different schemes to hide fees and increase his payments for work at the subdivision.

The Keys each face a sentence of up to 30 years in federal prison without parole, plus a fine up to $1 million and an order of restitution. Sentencing hearings have not been scheduled.

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