Source: The Seattle TimesNov.迷你倉 15--James Bishop, the former chairman and CEO of Summit Bank, was sentenced Friday to three years in prison and two years of supervised release for filing false call reports to the Federal Deposit Insurance Corp., which insures bank deposits.Bishop, 70, of Mount Vernon, admitted in a guilty plea that he and his son, the bank's president, deceived federal regulamini storageors about the financial condition of the Skagit County bank, which failed in May 2011.Bishop has agreed to pay $300,000 to the FDIC.His son, James Bishop II, is scheduled to be sentenced for his role in the scheme on Dec. 6, the U.S. Attorney's Office said.Copyright: ___ (c)2013 The Seattle Times Visit The Seattle Times at .seattletimes.com Distributed by MCT Information Services迷你倉
- Nov 17 Sun 2013 14:52
BRIEF: Summit Bank chairman gets 3-year sentence for false reports
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