A father and daughter from the Wentworth area have pleaded not guilty to bank fraud charges in federal court.
Dan Feige, 57, and Heather Feige, 34, appeared before U.S. Magistrate Judge John E. Simko on Dec. 19, 2011, and pleaded not guilty to indictments that were handed down two weeks earlier by a federal grand jury.
Dan and Heather Feige were indicted by a federal grand jury on Dec. 6 for bank fraud.
After appearing before Simko in Sioux Falls, they were released on bond pending a trial. The trial date has not been announced by the U.S. Attorney's Office.
The penalty upon conviction of bank fraud is up to 30 years in prison and/or up to a $250,000 fine. The U.S. Attorney's Office stated that the charge is an accusation, and the Feiges are presumed innocent until and unless they are proven guilty.
The FBI is conducting the investigation into the fraud charges. Assistant U.S. Attorney Jeffrey C. Clapper is prosecuting the case.
Dan Feige is listed as the principal owner of Environmental Dust Control Inc. of Wentworth. The company promotes the use of Stabilock, an agriculturally-based, biodegradable product for use in dust suppression and road stabilization.
At a 2009 convention, the S.D. Public Utilities Commission listed Dan Feige as the chairman of the S.D. Soybean Association, a representative of the National Biodiesel Board, and a farmer for more than 30 years. He is also a former vice president of the South Dakota Soybean Processors.