Farmer City Man Pleads Guilty to Scheme to Defraud Consumers

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A Farmer City man is pleading guilty to charges related to a scheme to defraud local boat owners and the banks that financed his business.  Gibbs and co-defendant, Kara Wilkey, were indicted in December 2020.  Both were employees of the now defunct boat and watercraft dealership, Mid Illinois Boats.  Gibbs and Wilkey used the dealership to defraud customers and lending institutions out of nearly five-million-dollars.

***Courtesy of Total Traffic News***

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