Wilmington Trust case: Feds say trust in banking, law enforcement requires prison sentence
Federal prosecutors have asked a judge to sentence four former Wilmington Trust executives convicted of fraud and other crimes to multiple years in jail when they are sentenced next week.
At that hearing, prosecutors will argue bank President Robert Harra Jr. and former Chief Financial Officer David Gibson deserve eight years in federal prison and that former Chief Credit Officer William North and former Controller Kevyn Rakowski should serve six and five years respectively, according to court documents filed Tuesday night.
It's up to Delaware District Court Judge Richard G. Andrews to accept the prosecutors' recommendation or not demand any jail time. A host of Delaware elites — including former Governors Jack Markell and Mike Castle writing on behalf of Harra — have written the judge pleading that he spare the financiers time in prison.
In pleading for a probation-only sentence, the defendants' attorneys have argued their crimes do not comport with their laudable family and personal histories.
Read more: https://www.delawareonline.com/story/news/2018/12/12/prosecutors-argue-prison-time-necessary-wilmington-trust-execs/2160090002/