The saga of Blaine Dyer – the brash, arrogant, and very unethical oil and gas attorney turned felon – finally appears to be over.
Well, until he does something stupid while hanging out in federal prison that we get to write about.
Last Thursday, right before his political hero was found guilty on 34 felony charges in New York, Blaine was sentenced to five years of hard time in a federal prison – plus three years of supervised release after – by Judge Jodi Dishman for being the “mastermind” behind a scheme to defraud his client Continental Resources out of millions of dollars.
Here are some details via The Oklahoman:
The central figure in a criminal scheme to get rich off Continental Resources' drilling plans in southwest Oklahoma will spend five years behind bars…
Blaine Dyer, 42, also was ordered by U.S. District Court Judge Jodi Dishman on Thursday to forfeit $1,661,263.42 of proceeds the government asserts he obtained by creating a shell company to use confidential Continental Resources drilling and leasing plans to buy or lease mineral rights cheap, then resell or lease those rights to the larger company for a profit.
Dyer must serve three years of supervised release after being released from prison and is jointly responsible (along with his cousin, James "Jimmy" Dyer) to provide $2,316,185.43 in restitution to Continental Resources.
Yikes. Five years in prison is a lot of time away from home, especially when you lived the good life with a pretty wife in a fancy million-dollar McMansion.