A nearly 3-year-old court case surrounding allegations of bank fraud may come to an end in October.

Baylor Sinclair Stevens, 33, who was indicted in December 2005, is scheduled to go to trial Oct. 20 at 8:30 a.m. before U.S. District Court Judge Dee Benson.

Various trial dates have been scheduled over the past few years, including the most recent trial date of June 9, but various motions to continue the case have landed the next trial date in October.

Stevens was indicted following a months-long investigation by the FBI and Utah Insurance Fraud Division and has pleaded not guilty.

At the time Stevens had secured a loan for some Olympus Cove property for $920,000 from Maryland-based Eastern Savings Bank. He owed Washington Mutual Bank $1.2 million for the same property.

That would have been bad news for the person who was about to buy the property, said Utah Insurance Fraud Division director Joe Christensen.

Investigators got an injunction on the sale of the property to prevent a potential victim from inheriting $2 million in liens with the purchase of the $1.5 million home, Christensen said.

Because loans are federally guaranteed, it is a federal crime to defraud a bank.