Ashton Ryan, former head of First NBC Bank, has begun serving his lengthy federal prison sentence for bank fraud after checking into Oakdale Federal Correctional Complex on Tuesday.
Gregory St. Angelo, the former top lawyer at First NBC Bank, was sentenced Wednesday to four years in federal prison for his role in the collapse of the New Orleans
First NBC’s spectacular $1 billion collapse in 2017 forced federal insurance to cover customers’ losses and cost the bank’s public stockholders millions