A federal judge on Thursday handed prison terms to two former First NBC Bank executives and a businessman, each of whom pleaded guilty and cooperated with federal prosecutors in their
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A federal judge on Wednesday sentenced founder and former CEO of First NBC Bank Ashton Ryan Jr., who was convicted of nearly four dozen counts of bank fraud, conspiracy and
In the aftermath of Louisiana's largest bank failure, Ashton Ryan Jr. was convicted on all 46 counts against him. U.S. Attorney Duane Evans called the case a "theft of epic proportions."
Robert Calloway, who served as executive vice president at the New Orleans bank before it failed in 2017, was accused of conspiracy to defraud the bank.