SCOTTSBLUFF, Neb. (AP) – The Justice Department has filed a lien for over $729,000 against the Scottsbluff office property of former University of Nebraska Regent David Hergert.
The Mitchell businessman was sentenced in January to five years of probation for federal bank fraud. He was ordered to pay $654,000 restitution to the First National Bank of Omaha.
The lien was recorded in the Scotts Bluff County Register of Deeds office in February. It says it’s a lien on all property belonging to Hergert and should be considered a notice in lieu of the restitution ordered at his January sentence.
Hergert admitted inflating business assets to keep a $3 million loan from the Omaha bank.
Hergert was removed from the university’s board of regents in 2006.