KANSAS CITY, Kan. (KSNW) – Four people pleaded guilty Wednesday to taking part in a real estate fraud scheme in connection with the development of Indian Ridge Resort, a resort community located near Branson, Mo.

In a news release, U-S Attorney for the District of Kansas Barry Grissom said 56-year-old David P. Drake of Lone Tree, Colorado and 55-year-old Donald D. Snider, Jr. of Littleton, Colorado each pleaded guilty to one count of conspiracy to commit bank fraud, and one count of conspiracy to commit money laundering.

Drake and Snider were partners in Western Sites Services, a company that was engaged in developing Indian Ridge Resort. They borrowed money for the project from three banks, one of which was Columbian Bank and Trust in Topeka. In their pleas, they admitted they and other conspirators made false representations to Columbian Bank in order to obtain loan funds.

Sixty-three-year-old Vickie A. Hall of Lone Tree, Colorado, the wife of David Drake, pleaded guilty to one count of concealing a felony.

Hall owned a company called Colorado Modular Home Finders Service, LLC. In her plea she admitted she helped to conceal Drake and Snider’s felonies by allowing her company, Colorado Modular Home Finders Services, LLC, to be used to withdraw home deposits from Columbia Bank.

Fifty-three-year-old Heather A. Gibbs of Littleton, Colorado pleaded guilty to one count of concealing a felony. She is the wife of Snider and a two percent owner in Western Site Services.

Sentencing hearings will be set for a later date.