Jury finds ex-San Francisco bank executive guilty of fraud
Legal Events
A former executive of a San Francisco-based bank that received federal bailout money has been convicted of fraud.
U.S. Attorney Melinda Haag said Thursday a federal jury in Oakland found 66-year-old Ebrahim Shabudin guilty of conspiring with others within the bank to falsify key bank records as part of a scheme to conceal millions of dollars in losses and falsely inflate the bank's financial statements.
Shabudin was Chief Operating Officer for United Commercial Bank between 2008 and 2009.
United Commercial Bank received $298 million from the Troubled Asset Relief Program, or TARP, in 2008 during the height of the nation's financial crisis. That money was lost when the bank was seized by regulators, shuttered and filed for bankruptcy the following year. Shabudin faces up to 25 years in prison.
Related listings
-
Texas abortion clinic to reopen after court ruling
Legal Events 09/04/2014Women in South Texas facing a 200-mile drive for access to legal abortions learned Wednesday that a local clinic shuttered by a sweeping anti-abortion law would reopen, marking the first tangible effect of a court ruling last week that blocked key pa...
-
Apple wins EU court case on store design trademark
Legal Events 07/11/2014The European Union's highest court says Apple's characteristic retail store layout may be registered as a trademark. The Court of Justice on Thursday overturned a decision by German patent authorities which last year rejected an application to grant ...
-
SC Supreme Court hears appeal in fatal dog attack
Legal Events 04/15/2014Prosecutors want South Carolina's highest court to reinstate the conviction of a Dillon County man whose dogs attacked and killed a 10-year-old boy in 2006. The state Supreme Court on Tuesday hears an appeal in the case of Bentley Collins. In 2012, t...
East Greenwich, RI Family Law Office
The Law Office of Erica S. Janton offers a wide range of legal services in all areas of family law, encompassing divorce, paternity, adoption, child support, child custody and placement, post judgment modifications, mediation and other related issues.
Erica S. Janton has extensive experience in complex high asset and high conflict family law matters. For the last decade, Erica S. Janton has devoted her career to the family law, first as a mediator and then in her legal career as a family law attorney and mediator. Attorney Janton represents a large variety of clients and has earned a well-regarded reputation for resolving complex custody and high asset, high conflict divorce cases. When providing clients with representation as an attorney, she is a compassionate and staunch advocate who ensures that her clients are well informed of their options and the related process, and prepared for every possible scenario a client may encounter.
Erica S. Janton has extensive experience in complex high asset and high conflict family law matters and uses her experience within the family court arena to individually tailor strategies with each of her clients and provide realistic solution focused results.