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Lawsuit seeking cryptocurrency associated with massive bank fraud appears headed for dismissal
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Nebraska Examiner
LINCOLN – A lawsuit appears headed for dismissal against a key associate of Lincoln businessman Aaron Marshbanks, whom officials blame for perhaps the largest case of bank fraud in state history.
The associate, Brandon Dallmann, handled cryptocurrency investments and the associated passwords for Marshbanks, who died of a drug overdose in November 2022 as a massive bank fraud case against him was becoming known.
The judge granted a continuance in the case until Dec. 3, but the Examiner learned that the lawsuit will likely be dismissed because of Dallmann’s cooperation in helping track down the crypto investments.
Marshbanks used the proceeds from the ill-gotten bank loans, officials have said, to launch a “highly aggressive options trading strategy” in 2022 through his financial advisor, Jesse Hill.
Some of the money was used to make payments on the earliest bank loans and to begin construction on a multi-million home and barndominium east of Lincoln.
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