WICHITA, KAN, – A Kansas businessman pleaded guilty to various charges related to defrauding clients of his accounting firm by falsely claiming money he had stolen was being used to pay business expenses, according to the United State's Attorney.
According to court documents, Quintin Flanagin, 45, of Colby pleaded guilty to one count of wire fraud, one count of bank fraud, one count of false statements, and one count of money laundering.
Flanagin, a certified public accountant (CPA), used his status as a signatory on the accounts of his clients’ business, Diamond M. Farms, to make unauthorized transactions between December 2021 and August 2022. He wrote multiple checks and initiated wire transfers totaling approximately $409,710 to Middle Finger Ranch under the guise of being payments for farm operations.
Middle Finger Ranch is a fictitious business name that Flanagin connected to his personal bank account. Flanagin actually used the illegally obtained funds to pay for the construction on his new home.
Flanagin is scheduled to be sentenced on October 30, 2025. A federal district court judge will determine any sentence after considering the U.S. Sentencing Guidelines and other statutory factors.
The Federal Bureau of Investigation (FBI) is investigating the case.